XML 65 R51.htm IDEA: XBRL DOCUMENT v3.23.1

Share-based payments (Tables)

12 Months Ended

Dec. 31, 2022

Share-based payments

Schedule of movement in number of shares under share purchase payment plans

​

​	​	​	​
​		Number of Series A	​
​		shares	​
Outstanding as of January 1st, 2021		5,805,311	*
Purchased during the year		1,849,417	​
Granted during the year		—	​
Exercised/vested during the year		(2,612,575)	​
Forfeited during the year	​	(551,732)	​
Outstanding as of December 31, 2021		4,490,421	*
Purchased during the year		4,354,473	​
Granted during the year		—	​
Exercised/vested during the year		(2,161,968)	​
Forfeited during the year		(103,712)	​
Outstanding as of December 31, 2022		6,579,214	*

​

* These shares are presented as treasury shares in the consolidated statement of financial position as of December 31, 2022, 2021 and January 1, 2021.

Schedule of weighted average assumptions used to estimate the fair market value of the MIP at the date of grant

​

​	​	​	​
​		2012
Dividend yield (%)		0.00	%
Volatility (%)		37.00	%
Risk—free interest rate (%)		5.96	%
Expected life of share options (years)		8.8	​
Exercise share price (in Mexican pesos Ps.)		5.31	​
Exercise multiple		1.1	​
Fair value of the stock at grant date		1.73	​

​

Schedule of movement in number of shares options and fixed exercise prices

​

​	​	​	​	​	​	​	​	​	​
​		​	​		​	​		Total in
​	​	Number of share		​	Exercise price		​	thousands of
​		options			in Mexican pesos			Mexican pesos
Outstanding as of January 1st, 2021		​	7,653,981		Ps.	5.31		Ps.	40,668
Granted during the year		​	—		​	—		​	—
Forfeited during the year		​	—		​	—		​	—
Exercised during the year		​	(7,653,981)		​	5.31		​	(40,668)
Outstanding as of December 31, 2021		​	—	​	Ps.	—	​	Ps.	—

​

Schedule of retention plan (benefit) expenses recognized

​

​	​	​	​	​	​	​	​	​	​	​
​		2022			2021			2020
(Benefit) expense arising from cash-settled share-based payments transactions	​	US$	(4,365)	​	US$	(2,984)	​	US$	5,362	*
Expense arising from equity-settled share-based payments transactions	​		5,074	​		4,410	​		3,519	​
Total expense arising from share-based payments transactions	​	US$	709	​	US$	1,426	​	US$	8,881	​

​

* The figures included LTIP – SARs (cash settled) benefit of US$(95).

​

Share purchase plan

Share-based payments

Schedule of vesting period of shares granted

​

​	​	​
Number of Series A		​
shares		Vesting period
3,084,981		November 2023
2,042,732		November  2024
1,451,501		November  2025
6,579,214		​

​

X

- Definition

Additional information about share-based payment arrangements necessary to satisfy the disclosure requirements of IFRS 2. [Refer: Share-based payment arrangements [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2022-03-24
-Paragraph 52
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_52&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_AdditionalInformationAboutSharebasedPaymentArrangements
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2022-03-24
-Paragraph 47
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_47_a&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IFRS
-Number 2
-IssueDate 2022-03-24
-Paragraph 45
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_45&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2022-03-24
-Paragraph 45
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_45_b&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.

+ References

No definition available.

+ Details

Name:	ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of vesting period of share-based payment arrangement.

+ References

No definition available.

+ Details

Name:	vlrs_DisclosureOfVestingPeriodOfShareBasedPaymentArrangementTableTextBlock
Namespace Prefix:	vlrs_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=vlrs_LongTermIncentivePlanSharePurchasePlanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: