XML 70 R56.htm IDEA: XBRL DOCUMENT v3.23.1

Finance income and cost (Tables)

12 Months Ended

Dec. 31, 2022

Finance income and cost

Schedule of finance income

​

​	​	​	​	​	​	​	​	​	​
​		2022			2021			2020
Interest on cash and equivalents	​	US$	12,036	​	US$	2,872	​	US$	4,384
Interest on cash and equivalents held in the trust CIB/3249	​		711	​		280	​		301
Interest on recovery of guarantee deposits	​		155	​		379	​		99
​	​	US$	12,902	​	US$	3,531	​	US$	4,784

​

Schedule of finance cost

​

​	​	​	​	​	​	​	​	​	​
​		2022			2021			2020
Interest expense on lease liabilities and aircraft and engine lease return obligation	​	US$	174,769	​	US$	128,159	​	US$	108,907
Interest on asset backed trust notes	​	​	12,049	​	​	5,672	​	​	5,448
Cost of letter credit notes	​	​	4,131	​	​	3,025	​	​	3,410
Other finance costs	​	​	584	​	​	1,589	​	​	481
Interest on debts and borrowings*	​	​	533	​	​	703	​	​	768
Bank fees and others	​		308	​		226	​		176
Derivative financial instruments loss	​	​	161	​	​	—	​	​	19,130
​	​	US$	192,535	​	US$	139,374	​	US$	138,320

​

Schedule of capitalized interest

​

​	​	​	​	​	​	​	​	​	​
​		2022			2021			2020
Interest on debts and borrowings	​	US$	8,448	​	US$	7,801	​	US$	18,640
Capitalized interest (Note 12)	​		(7,915)	​		(7,098)	​		(17,872)
Net interest on debts and borrowing in the consolidated statements of operations	​	US$	533	​	US$	703	​	US$	768

X

- Definition

The disclosure of finance cost. [Refer: Finance costs]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2022-03-24
-Paragraph 10
-Subparagraph e
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_10_e&doctype=Standard
-URIDate 2022-03-24

+ Details

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

X

- Definition

The disclosure of finance income. [Refer: Finance income]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2022-03-24
-Paragraph 10
-Subparagraph e
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_10_e&doctype=Standard
-URIDate 2022-03-24

+ Details

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

X

- Definition

The tabular disclosure of capitalized interest expense.

+ References

No definition available.

+ Details

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

X

- Definition

n/a

+ References

No definition available.

+ Details

Name:	vlrs_DisclosureOfFinanceIncomeAndFinanceExpenseAbstract
Namespace Prefix:	vlrs_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration