Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (Volaris) amended its corporate bylaws following shareholder approval at an Extraordinary General Shareholders' Meeting held on March 25, 2026.
Key takeaways
Shareholders approved amendments to the company's bylaws at an Extraordinary General Shareholders' Meeting on March 25, 2026.
The amendments align the bylaws with the latest amendments to the Mexican Securities Market Law.
The amendments modify change of control provisions to not apply to acquisitions resulting from a merger where Volaris is the surviving entity.
The company's capital stock is variable, with a minimum fixed portion of $65,346.00 M.N. represented by Class I shares and unlimited authorized variable stock represented by Class II shares.
Series A shares must represent at least 51% of outstanding capital and are restricted to Mexican investors, while Series B shares cannot exceed 49% and are open to foreign investors.