Ownership breakdown


Series A Series B Total
Shares % Shares % Shares %
Funds Managed by Indigo Partners 169,380,930 15.28% 43,194,749 75.10% 212,574,679 18.23%
Blue Sky Investments 85,739,880 7.74% 14,319,124 24.90% 100,059,004 8.58%
Teewinot Capital Advisers LLC 61,288,820 5.53% 0.00% 61,288,820 5.26%
<5% Shareholders 792,053,174 71.46% 0.00% 792,053,174 67.93%
Total 1,108,462,804 100.00% 57,513,873 100.00% 1,165,976,677 100.00%

(1) Each ADS represents ten CPOs and each CPO represents a financial interest in one Series A share. Non-Mexican investors in the ADSs may not directly hold the underlying Series A shares, but may hold them only indirectly through CPOs issued and released by a Mexican bank as trustee under the CPO trust or ADSs evidencing CPOs.

(2) Volaris does not have a control group.

Source: 13F and Bloomberg.

Note: As of December 2022.

Attendance and the exercise of voting rights are subject to compliance with the change of control provisions set forth in Clause Eight of the Company´s by-laws. Note that pursuant to such provision, a position that results in a number equal or greater than 5%  of Volaris’ total outstanding shares requires the prior written authorization of the Board of Directors.