2Q'23 Results July 25, 2023 volaris 2 Disclaimer This presentation was prepared by Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (d/b/a Volaris, the "Company") with the purpose of providing interested parties certain financial and other information about the Company. This presentation is solely for discussion purposes and highlights basic information about the Company. Because it is a summary, it does not contain all the information that you should consider before investing in the securities of th ...

Analyst coverage Institution Analyst Bank of America Rogerio Araujo Banorte José Espitia Barclays Pablo Monsivais Bradesco Victor Mizusaki BBVA Pablo Abraham BTG Pactual Lucas Marquiori Citi Stephen Trent Cowen Helane Becker Deutsche Bank Michael Linenberg Evercore Duane Pfennigwerth Goldman Sachs Bruno Amorim HSBC Cenk Orçan Intercam Alejandra Marcos J.P.Morgan Guilherme Mendes Morgan Stanley Joshua Milberg UBS Alberto Valerio Santander Pablo Ricalde Signum Research Armando Rodríguez Vector Marco Antonio M ...

Table of Contents As filed with the Securities and Exchange Commission on April 28, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPA ...

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q1 2023 Earnings Conference Call April 25, 2023 11:00 AM ET Company Participants Ricardo Martinez – Investor Relations Director Enrique Beltranena – President and Chief Executive Officer Holger Blankenstein – Airline Executive Vice President Jaime Pous – Chief Financial Officer Conference Call Participants Stephen Trent – Citi Helane Becker – TD Cowen Duane Pfennigwerth – Evercore ISI Mike Linenberg – Deutsche Bank Rogerio Araujo – Bank of ...

金融风险管理 - 公司的活动面临不同的金融风险,主要包括燃料价格波动风险、汇率波动风险和市场利率变动风险[3][4][7][8][9] - 公司采用衍生金融工具来规避部分风险,并制定了相关的套期保值政策和程序[3][4][5][6] - 公司的套期保值政策采取保守立场,只允许进行与被套期头寸相关的交易,并且公司的目标是对所有衍生金融工具应用套期会计处理[6] - 公司使用远期合约、掉期和期权等衍生金融工具来规避燃料价格、汇率和利率变动的风险[7][8][9] - 公司与金融机构签有ISDA协议,以最小化交易对手风险,并通过不同的工具和到期日分散敞口,减少可能的保证金调整[11][12][17] - 截至报告日,公司所有衍生金融工具均符合套期会计的要求,其公允价值变动仅源于标的资产价格水平的变化[20] 收入确认 - 公司将未来机票销售确认为合同负债,在提供运输服务或票据过期时确认为客运收入[39] - 公司将其他客运服务收入(如超重行李费、预订费等)在提供服务时确认为收入[40] - 公司作为代理人确认与其他航空公司代码共享业务相关的收入[42] - 公司的非客运收入主要包括保险佣金、广告等[43,44] 资产管理 - 公司资本化已购软件许可证的成本,包括获取、实施和使用软件的成本[10] - 公司将软件开发成本资本化,包括直接归属的材料、人工和其他直接成本[10] - 公司将已资本化的软件成本按直线法在其使用寿命内摊销[79] - 公司将租赁合同规定的维修存款作为可收回资产列示[84][85][87] - 公司对飞机和发动机进行定期维修,包括例行线路维护、大修和部件服务[89][90][91][92][93][94][95][96][97][98][99] - 公司每年评估资产的使用寿命,并对可能存在减值迹象的资产进行减值测试[104][105][106] 员工福利 - 公司为员工提供假期福利、遣散福利、资历奖金等[112][113][114][115][116][117][118][119][120] - 公司实施股权激励计划,包括股票期权和股票增值权[121][122][123] 售后租回交易 - 公司根据IFRS 15要求分析了售后租回交易是否满足履约义务的条件,如果满足则确认资产出售并确认使用权资产,只确认与转让权利相关的损益[140] - 公司根据租赁合同的要求,对飞机部件和发动机的退回义务进行估计并按直线法确认为租赁费用的一部分[141] 税务 - 公司需要代表政府机构和机场向客户收取并定期支付的各种税费和费用,这些费用不计入客运收入[142] - 公司根据当期税率和税法计算当期所得税,并将与权益相关的所得税直接计入权益[143,144] - 公司确认递延所得税资产和负债,并定期评估递延所得税资产的可收回性[145-149] 公司架构 - 公司通过子公司Concesionaria获得墨西哥政府颁发的航空运输服务特许经营权,期限为20年[170,171] - 公司于2013年9月在纽约证券交易所和墨西哥证券交易所完成首次公开募股[173] - 公司于2020年12月完成增发,发行1.34亿份美国存托凭证(ADSs),每份ADS代表10份普通股[174] - 公司通过子公司在哥斯达黎加和萨尔瓦多获得航空运营许可证[175,176] - 公司于2019年和2021年分别发行15亿墨西哥比索的资产支持票据[177,178] - 公司包括Concesionaria Vuela Compañía de Aviación S.A. P. I. de C.V.、Vuela Aviación、Vuela、Vuela El Salvador、Comercializadora Volaris、Servicios Earhart、Servicios Corporativos Volaris、Comercializadora V Frecuenta、Viajes Vuela、Guatemala Dispatch Service等子公司[192] - 公司通过对子公司的控制权获得可变回报并能够影响这些回报[195] - 公司在评估是否控制被投资方时考虑各种相关事实和情况,包括合同安排、其他合同权利以及表决权和潜在表决权[196,197] - 公司在取得控制权时开始合并子公司,在失去控制权时停止合并,并消除集团内部的所有交易[198,199] - 公司在合并时将外国子公司的资产负债表项目折算为美元,将利润表项目折算为平均汇率,所产生的汇兑差额计入其他综合收益[200]

Controladora Vuela Compañía de Aviación, S.A.B. de C.V (NYSE:VLRS) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET Company Participants Ricardo Martinez - IR Director Enrique Beltranena - President and CEO Holger Blankenstein - EVP of Airline Commercial and Operations Jaime Pous - CFO Conference Call Participants Duane Pfennigwerth - Evercore ISI Helane Becker - Cowen Shannon Doherty - Deutsche Bank Guilherme Mendes - JPMorgan Filipe Nielsen - Citi Josh Milberg - Morgan Stanley Rogerio Araujo ...

Analyst coverage Institution Analyst Bank of America Rogerio Araujo Banorte José Espitia Barclays Pablo Monsivais Bradesco Victor Mizusaki BTG Pactual Lucas Marquiori Citi Stephen Trent Cowen Helane Becker Deutsche Bank Michael Linenberg Evercore Duane Pfennigwerth Goldman Sachs Bruno Amorim HSBC Cenk Orçan Intercam Alejandra Marcos J.P.Morgan Fernando Abdalla Morgan Stanley Joshua Milberg UBS Alberto Valerio Santander Giovanni Bisogno Signum Research Armando Rodríguez Vector Marco Antonio Montañez 1 VLRS C ...

3Q 2022 Results October 25th, 2022 Disclaimer This presentation was prepared by Controladora Vuela Compañía de Aviación, S.A.B. de C.V., (d/b/a Volaris, the "Company") with the purpose of providing interested parties certain financial and other information of the Company. This presentation is confidential and may not be retransmitted or distributed to any other persons for any purpose whatsoever. This presentation is for discussion purposes and highlights basic information about the Company. Because it is a ...

2Q 2022 Results July 22, 2022 Disclaimer This presentation was prepared by Controladora Vuela Compañía de Aviación, S.A.B. de C.V., (d/b/a Volaris, the "Company") with the purpose of providing interested parties certain financial and other information of the Company. This presentation is confidential and may not be retransmitted or distributed to any other persons for any purpose whatsoever. This presentation is for discussion purposes and highlights basic information about the Company. Because it is a summ ...

Company Update May 2021 Disclaimer 2 This presentation was prepared by Controladora Vuela Compañía de Aviación, S.A.B. de C.V., (d/b/a Volaris, the "Company") with the purpose of providing interested parties certain financial and other information of the Company. This presentation is confidential and may not be retransmitted or distributed to any other persons for any purpose whatsoever. This presentation is for discussion purposes and highlights basic information about the Company and this offering. Becaus ...