# EDGAR Filing Document

**Accession Number:** 0001520504
**File Stem:** 0001292814-26-001321
**Filing Date:** 2026-3
**Character Count:** 9635
**Document Hash:** ed91e539a5cbe761972fc477dc4a3696
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001292814-26-001321.hdr.sgml**: 20260318

**ACCESSION NUMBER**: 0001292814-26-001321

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260318

**FILED AS OF DATE**: 20260318

**DATE AS OF CHANGE**: 20260318

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Blankenstein Holger
- **CENTRAL INDEX KEY:** 0002119880

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36059
- **FILM NUMBER:** 26772169

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** AV. ANTONIO DOVALI JAIME NO. 70
- **STREET 2:** 13 FL, TWR B, COLONIA ZEDEC SANTA FE
- **CITY:** MEXICO CITY
- **PROVINCE COUNTRY:** O5
- **ZIP:** 01210
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
- **CENTRAL INDEX KEY:** 0001520504
- **STANDARD INDUSTRIAL CLASSIFICATION:** AIR TRANSPORTATION, SCHEDULED [4512]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** AV. ANTONIO DOVALI JAIME NO. 70
- **STREET 2:** PISO 13
- **CITY:** COL. ZEDEC SANTA FE
- **PROVINCE COUNTRY:** O5
- **ZIP:** 01210
- **BUSINESS PHONE:** (52) 55 5261 6400

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** AV. ANTONIO DOVALI JAIME NO. 70
- **STREET 2:** PISO 13
- **CITY:** COL. ZEDEC SANTA FE
- **PROVINCE COUNTRY:** O5
- **ZIP:** 01210

## Ex-24

**SECTION 16 AND FORM 144<br> POWER OF ATTORNEY**

With respect to holdings of and transactions in securities issued by Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (the "***Company***"), the undersigned hereby constitutes and appoints the individuals named on **<u>Schedule A</u>** attached hereto and as may be amended from time to time, or any of them signing singly, with full power of substitution and resubstitution, to act as the undersigned's true and lawful attorney-in-fact to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. execute for and on behalf of the undersigned, Schedules 13D and 13G in accordance
with Section 13 of the Securities Exchange Act of 1934, as amended (the "  ***Exchange Act*** "), and the rules thereunder,
and Forms 3, 4, and 5 in accordance with Section 16 of the Exchange Act and the rules thereunder, and Notices of Proposed Sale of Securities
Pursuant to Rule 144 ("  ***Form 144*** "), in accordance with the requirements of Rule 144 under the Securities Act
of 1933, as amended (the "  ***Securities Act*** "); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Schedule 13D, Schedule 13G, Form 3, Form 4, Form 5, and Form 144, complete
and execute any amendment or amendments thereto, and to timely file such Schedule 13D, Schedule 13G, Form 3, Form 4, Form 5, and Form
144, as applicable, and any amendment thereto, with the United States Securities and Exchange Commission and any stock exchange or similar
authority.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution and resubstitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorneys-in-fact substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.

The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 13 and Section 16 of the Exchange Act, or Rule 144 under the Securities Act.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file any Schedule 13D,Schedule 13G, Form 3, Form 4, Form 5, and Form 144 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 25th day of February, 2026.

**<u>/s/</u>**<u>Holger Blankenstein</u>

Holger Blankenstein

<u>Schedule A</u>

**INDIVIDUALS APPOINTED AS ATTORNEY-IN-FACT, WITH FULL POWER OF SUBSTITUTION AND RESUBSTITUTION**

&nbsp;&nbsp;&nbsp;&nbsp;1. José Alejandro de Iturbide Gutiérrez, Chief Legal Officer
of the Company

&nbsp;&nbsp;&nbsp;&nbsp;2. Jaime Esteban Pous Fernández, Chief Financial Officer of the Company

&nbsp;&nbsp;&nbsp;&nbsp;3. Renato Duarte Salomone, Senior Director of Corporate Financing and Investor
Relations of the Company

&nbsp;&nbsp;&nbsp;&nbsp;4. Isela Cervantes Rodríguez, Corporate and Securities Compliance Legal
Director of the Company

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Blankenstein Holger<br><sub>(Last) (First) (Middle)</sub><br>AV. ANTONIO DOVALI JAIME NO. 70<br>13 FL, TWR B, COLONIA ZEDEC SANTA FE<br><sub>(Street)</sub><br>MEXICO CITY, MEXICO 01210<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Controladora Vuela Compania de Aviacion, S.A.B. de C.V. [ VLRS ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2026-03-18 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_EVP Airline_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Series A shares of common stock | 5567828 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Restricted Securties Units | <sup>(1)</sup> | <sup>(1)</sup> | Series A shares of common stock | 274993 | <sup>(2)</sup> | D |  |
| Restricted Securties Units | <sup>(3)</sup> | <sup>(3)</sup> | Series A shares of common stock | 477326 | <sup>(2)</sup> | D |  |
| Restricted Securties Units | <sup>(4)</sup> | <sup>(4)</sup> | Series A shares of common stock | 773492 | <sup>(2)</sup> | D |  |
| Share Appreciation Rights<sup>(5)</sup> | 2017-02-18 | 2031-02-18 | Series A shares of common stock | 200000 | 14.8<sup>(6)</sup> | D |  |

---

### Footnotes:

(1) The restricted securities units will vest on November 6, 2026 and have no expiration date.

(2) Each restricted securities unit represents a contingent right to receive on Series A share of common stock.

(3) The restricted securities units will vest in two equal annual installments beginning on November 6, 2026 and have no expiration date.

(4) The restricted securities units will vest in three equal annual installments beginning on November 6, 2026 and have no expiration date.

(5) Provides the right of cash payment determined based on the increase of the stock price between the grant date and the exercise.

(6) The price shown is in Mexican Pesos.

**Remarks:**
Exhibit 24 - Power of Attorney.

**Signature:** /s/ Isela Cervantes Rodriguez, Attorney-in-fact.  
**Date:** 2026-03-18

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**