Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 93

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4
Chunk 93
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 other passenger revenues. Other passenger services include but are not limited to fees for
excess baggage, bookings through the call center or third-party agencies, advanced seat selection, itinerary changes and charters. These
fees are recognized as revenue when the obligation of passenger transportation service is provided or when the non-refundable ticket
expires on the date of the scheduled travel.

The
average fees for advance seat selection, extra legroom, carriage of sports equipment, pets and ticket changes are up to U. S. $35,
U. S. $63, U. S. $210, U. S. $192 and U. S. $110, respectively. We also make trip insurance by third parties available through our website.

We
recognize revenue from V-Club and other similar services as other passenger revenueswhen the service is provided.

V-Club membership generates income by incentivizing customers
to make frequent purchases of flight tickets with Volaris, thereby strengthening our base of frequent customers and helping to reduce
acquisition costs. V-Club subscriptions accounted for 1.5% of our other passenger revenues in 2024.

On January 23, 2023, our subsidiary, Concesionaria, entered into
an agreement with Lealtad Mercadotecnia y Conocimientos Agregados, S. A. P. I. de C. V. (the “ Supplier”), a subsidiary of Fomento
Económico Mexicano, S. A. B. de C. V. (FEMSA).

Through this agreement, Concesionaria became a participating member
of a coalition that operates a loyalty program known as “ Spin Premia®,” which is established and managed by the Supplier.
The program offers exclusive benefits to users, enabling them to accumulate and redeem reward points with OXXO and Volaris. The agreement
is set to expire in June 2025.

Non-Passenger Revenues

The most significant non-passenger revenues include: (i) revenues
from other non-passenger services described below and (ii) cargo services. In 2024, we derived U. S. $132.2 million, or 4.2%, of our total
operating revenues from these sources.

Revenues from other non-passenger services mainly include, but
are not limited to, commissions charged to third parties for the sale of trip insurance and other services. These revenues, as well
as cargo services, are recognized as