Controladora Vuela Compania de Aviacion SAB de CV (NYSE:VLRS) Q3 2021 Earnings Conference Call October 21, 2021 10:00 AM ET Company Participants Maria Elena Rodriguez - IR Director Enrique Beltranena - President, CEO & Director Holger Blankenstein - EVP, Airline Commercial & Operations Jaime Pous - SVP, CFO & Secretary Conference Call Participants Stephen Trent - Citigroup Michael Linenberg - Deutsche Bank Pablo Monsivais - Barclays Bank Duane Pfennigwerth - Evercore ISI Helane Becker - Cowen and Company Op ...

Controladora Vuela CompañÃa de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q2 2021 Results Conference Call July 16, 2021 10:00 AM ET Company Participants Maria Elena Rodriguez - Corporate Financing, & Investor Relations Director Enrique Beltranena - President & Chief Executive Officer Holger Blankenstein - Executive Vice President, Airline Jaime Pous - Chief Financial Officer Conference Call Participants Helane Becker - Cowen Josh Milberg - Morgan Stanley Mike Linenberg - Deutsche Bank Duane Pfennigwerth - Evercor ...

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 ...

As filed with the Securities and Exchange Commission on April 30, 2021 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 x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ¨ SHELL COMPANY REPORT PURSUANT ...

Financial Data and Key Metrics Changes - Total operating revenues for Q1 2021 were MXN 6.4 billion, representing 89% and 82% of revenues from 2019 and 2020 respectively [48] - EBITDA for Q1 was MXN 1.3 billion, resulting in an EBITDA margin of 20%, down from 27% in the same period of 2020 [51] - Net loss for Q1 was MXN 733 million, with a negative net margin of 11.4% [51] - Cash and cash equivalents at the end of Q1 were $423 million, representing 42% of the last 12 months' operating revenues [52] Business Line Data and Key Metrics Changes - Total ancillary revenue per passenger reached a record high of almost MXN 768, an increase of 36% year-over-year [26] - Non-ticket revenue accounted for 49% of total operating revenues, driven by ancillary revenues [26] - Cost per available seat mile (CASM) ex-fuel for Q1 was US$4.78, one of the lowest in the industry [16][49] Market Data and Key Metrics Changes - The domestic market showed resilience, with Volaris operating 105% of ASMs compared to the same period last year [11] - The U.S. market is recovering, particularly in leisure segments, with strong demand for travel to Texas and Nevada [33] - The company opened two new routes connecting Mexicali and Morelia to Cancun, indicating growth in the domestic market [32] Company Strategy and Development Direction - The company plans to incorporate eight additional A320NEO aircraft in 2021 to strengthen its position in the Mexican domestic market [20] - Focus on maintaining a lean cost structure while expanding operations in Central America and increasing presence at Mexico City airports [22][23] - The strategy includes enhancing digital capabilities and customer experience through a revamped website and app [37][39] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery in passenger demand and TRASM levels, anticipating a return to operating profitability [62] - The company is prepared to adapt capacity in response to fluctuating demand, as demonstrated in Q1 [31] - The vaccination rollout in the U.S. and Mexico is expected to boost confidence in air travel [18] Other Important Information - The company achieved a daily cash burn of approximately $900,000, lower than the original guidance of $1.2 million [53] - Volaris has a strong balance sheet with negative net debt of MXN 3.2 billion, excluding lease liabilities [52] - The company is committed to reducing its carbon footprint and enhancing its ESG initiatives [60] Q&A Session Summary Question: Ticket pricing pressure and yield recovery - Management indicated that ticket prices were reduced in Q1 to stimulate demand, but they expect to recover pricing as demand strengthens in Q2 [69] Question: Capacity outlook for the next quarters - For Q2, the company is targeting 110% of 2019 capacity, with expectations for higher growth in the second half of the year [74] Question: Competitor activity and fleet additions - Management noted that competitors are also recovering, but Volaris is positioned to take advantage of the market gap left by weaker competitors [76][91] Question: Ancillary revenue sustainability - The company aims to maintain ancillary revenue at around 42% of total operating revenue, even as base fares increase [134] Question: Expansion plans in Mexico City and Colombia - Volaris is focusing on price-sensitive leisure customers in Mexico City and has received authorization to start operations in Colombia [144][146]

Controladora Vuela Compania de Aviacion SAB de CV (NYSE:VLRS) Q4 2020 Earnings Conference Call February 19, 2021 10:00 AM ET Company Participants Maria Elena Rodriguez - Corporate Financing, Treasury & IR Director Enrique Beltranena - President, CEO & Director Holger Blankenstein - EVP, Airline Commercial & Operations Jaime Pous - Interim CFO, Secretary, Senior VP and Chief Legal Officer & Corporate Affairs Conference Call Participants Duane Pfennigwerth - Evercore ISI Helane Becker - Cowen and Company Mike ...

Controladora Vuela CompañÃa de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q3 2020 Earnings Conference Call October 23, 2020 10:00 AM ET  Company Participants Maria Elena Rodriguez – Corporate Finance and Investor Relations Director Enrique Beltranena – President and Chief Executive Officer Holger Blankenstein – Executive Vice President Airline Commercial and Operations Jaime Pous – Senior Vice President and Chief Financial Officer Conference Call Participants Duane Pfennigwerth – Evercore ISI Helane Becker – Cow ...

Controladora Vuela CompañÃa de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q2 2020 Earnings Conference Call July 27, 2020 10:00 AM ET Company Participants Maria Elena Rodriguez - Corporate Finance & Investor Relations Director Enrique Beltranena - President & Chief Executive Officer Holger Blankenstein - Airline Executive Vice President, Jaime Pous - Senior Vice President & Chief Financial Officer,. Conference Call Participants Duane Pfennigwerth - Evercore ISI Mike Linenberg - Deutsche Bank Helane Becker - Cowen ...

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 x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ¨ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ...

Controladora Vuela CompañÃa de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q1 2020 Earnings Conference Call April 24, 2020 10:00 AM ET Company Participants Maria Elena Rodriguez - Corporate Finance and Investor Relations Director Enrique Beltranena - President and CEO Holger Blankenstein - Airline EVP Sonia Jerez - VP and CFO Conference Call Participants Duane Pfennigwerth - Evercore ISI Helane Becker - Cowen Mike Linenberg - Deutsche Bank Matthew Wisniewski - Barclays Operator Good morning everyone, and thank you ...