BlackRock, Inc. reported beneficial ownership of 68,074,460 shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (Common Stock) representing 5.8% of the class as of 03/31/2026. The filing lists 67,321,351 shares as sole voting power and 68,074,460 shares as sole dispositive power. The Schedule 13G was signed by Spencer Fleming on 04/29/2026.
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Insights
BlackRock holds a passive stake of 5.8% in VLRS as of 03/31/2026.
The Schedule 13G shows 68,074,460 shares beneficially owned and a 5.8% ownership percentage. The filing indicates BlackRock reports sole voting and dispositive power for the majority of these shares, consistent with institutional custody and investment management reporting.
Holdings are presented as passive disclosure; subsequent trading activity or changes in position will appear in later filings if thresholds or intent change.
Filing documents voting and disposition authority for an institutional holder.
The submission details 67,321,351 shares with sole voting power and 68,074,460 with sole dispositive power, signaling BlackRock’s control over voting/delivery decisions for the reported lot. Item 6 notes multiple underlying clients/beneficiaries have rights to proceeds or dividends.
Signature and exhibits are provided; investor disclosures should be tracked in future SEC filings for any change in status.
Key Figures
Beneficial ownership:68,074,460 sharesPercent of class:5.8%Sole voting power:67,321,351 shares+2 more
Percent of class5.8%Percent of class (Item 4(b)) as of 03/31/2026
Sole voting power67,321,351 sharesSole power to vote (Item 4(c)(i))
Sole dispositive power68,074,460 sharesSole power to dispose (Item 4(c)(iii))
CUSIPP30987104CUSIP Number on cover page
Key Terms
beneficially owned, sole dispositive power, Schedule 13G, CUSIP
4 terms
beneficially ownedregulatory
"Amount beneficially owned: 68,074,460"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 68,074,460"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13Gregulatory
"Form type: SCHEDULE 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
CUSIPfinancial
"CUSIP Number(s): P30987104"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
P30987104
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
P30987104
1
Names of Reporting Persons
BlackRock, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
67,321,351.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
68,074,460.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
68,074,460.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.8 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
(b)
Address of issuer's principal executive offices:
AV. ANTONIO DOVALI JAIME NO. 70, PISO 13, COL. ZEDEC SANTA FE, MEXICO, 01210
Item 2.
(a)
Name of person filing:
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
P30987104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
68,074,460
(b)
Percent of class:
5.8%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
67,321,351
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
68,074,460
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. No one person's interest in the common stock of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. is more than five percent of the total outstanding common shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
How many VLRS shares does BlackRock report owning?
BlackRock reports beneficial ownership of 68,074,460 shares of VLRS. The number is stated in Item 4(a) of the Schedule 13G and labeled as the amount beneficially owned.
What percentage of VLRS does BlackRock own as disclosed?
The filing states BlackRock holds 5.8% of VLRS common stock. That percentage appears in Item 4(b) tied to the reported share count as of 03/31/2026.
Does BlackRock have voting control over the reported VLRS shares?
Yes. The Schedule 13G lists 67,321,351 shares as shares for which BlackRock has sole voting power. The filing shows zero shared voting power in Item 4(c)(i)-(ii).
Who signed the Schedule 13G for BlackRock and when?
The filing is signed by Spencer Fleming, Managing Director, with the signature date shown as 04/29/2026. That signature appears at the end of the submitted schedule.
Does the filing identify underlying clients or beneficiaries for the shares?
Item 6 states various persons have rights to dividends or sale proceeds and that no single person holds more than 5% of the class. It does not list specific client names or beneficiary details.
