Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 355

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 19
Chunk 355
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. Servprot provides
security services for Mr. Beltranena and his family.

During the years ended December 31, 2023 and 2022, the Company
expensed US$115and US$207, respectively.

e)Aeromantenimiento, S. A. (“ Aeroman”)

Aeroman is a related party because Marco Baldocchi, a member
of the Company´s board of directors, was a member of Aeroman’s board of directors until November 2024. Additionally, Mr. Joaquin
Alberto Palomo, a member of the Company´s board of directors, is a director of Aeroman’s board of directors. On January 1,
2017, the Company entered into an aircraft repair and maintenance service agreement with Aeroman. On January 1, 2022, the Company entered
into an amendment with Aeroman and MRO Commercial, S. A. (“ MRO”), an affiliate of Aeroman, to extend the agreement until January
1, 2027 and on January 1, 2024, we entered into a new agreement to extend the term of the agreement until December 31, 2028. This agreement
provides for the exclusive use of Aeroman’s services for the repair and maintenance of aircraft, subject to availability. Under
this agreement, Aeroman provides inspection, maintenance, repair and overhaul services for aircraft. The Company makes payments under
this agreement depending on the services performed.

As of December 31, 2024 and 2023, the Company did not have
outstanding balance due to Aeroman.

During the year ended December 31, 2024 and 2023, the Company
did not have expense transactions.

The Company incurred expenses in aircraft maintenance and
technical support with Aeroman, which amounted to US$3,860for the year ended December 31, 2022.

As of December 31, 2024 and 2023, the balance due under the
agreement with MRO was US$979and US$8, respectively.

During the years ended December 31, 2024, 2023 and 2022, the
Company incurred expenses in aircraft maintenance and technical support with MRO amounted to US$21,378, US$15,691and US$11,097, respectively.

f) Mijares, Angoitia, Cortés y Fuentes, S. C. (“ MACF”)

MACF is a