FOURTH QUARTER RESULTS 2017

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1 FOURTH QUARTER RESULTS 2017 KEY RESULTS In the 4Q17 Interjet total revenues added $5,824.8 million pesos that represented an increase of 10.8% over the revenue generated in the 4Q16. In the 4Q17, operating income was $ million pesos, with an operating margin of 2.3%. In 4Q17, EBITDAR reflected a decrease of 3.4% from $ 1,314.9 million pesos in the 4Q16, compared to $ million pesos in the same period of 4Q17 with EBITDAR margins of 25.0% and 21.8% respectively. INTERJET recorded a net profit of $ 14.8 million pesos in the 4Q17, compared to a net loss of $ 37.0 million pesos in the same period of Q= Fourth quarter

2 Below is a summary of the selected consolidated financial and operating information, which is derived from the comparison of Interjet s non-audited, internal, consolidated financial information for the fourth quarter of 2017 vs SELECTED FINANCIAL AND OPERATING INFORMATION ITEM FOURTH QUARTER % OF VAR ASK (millons) 5,184 4, % RPK (millons) 4,058 3, % LOAD FACTOR 78.2% 77.7% 0.5 pp PASSENGERS (thousands) 3,259 3, % TOTAL REVENUE (millions) 5,825 5, % REVENUE PAX (millions) 5,242 4, % YIELD (pesos) % RASK (pesos) % CASK (pesos) % CASK EXCLUDING FUEL (pesos) % EBITDAR (millions) 1,270 1,315 (3.4%) EBITDAR MARGIN (as % of total revenues) 21.8% 25.0% (3.2) pp OPERATING INCOME (millions) (64.5%) OPERATING MARGIN (as % of total revenues) 2.3% 7.2% (4.9) pp NET INCOME (millions) 15 (37) 140.1% NET MARGIN (as % of total revenues) 0.3% (0.7%) 1.0 pp PP: Porcentual Points

3 SELECTED FINANCIAL AND OPERATING INFORMATION TWUELVE MONTHS ITEM % OF VAR ASK (millons) 19,637 16, % RPK (millons) 15,061 12, % LOAD FACTOR 76.7% 76.9% (0.2) pp PASSENGERS (thousands) 12,378 11, % TOTAL REVENUE (millions) 21,356 18, % REVENUE PAX (millions) 19,142 16, % YIELD (pesos) (4.0%) RASK (pesos) (2.9%) CASK (pesos) % CASK EXCLUDING FUEL (pesos) (3.9%) EBITDAR (millions) 4,407 4, % EBITDAR MARGIN (as % of total revenues) 20.6% 24.5% (3.9) pp OPERATING INCOME (millions) (76.9%) OPERATING MARGIN (as % of total revenues) 1.0% 5.0% (4.0) pp NET (LOSS) INCOME (millions) (236) 277 NR NET MARGIN (as % of total revenues) (1.1%) 1.5% (2.6) pp PP: Porcentual Points NR: Non Representative

4 Market environment INTERJET operated during the 4Q17 in an environment defined by the following factors: Growth of passenger traffic in the domestic and international industry. According to figures published by the DGAC, (General Direction of Civil Aviation) the passenger market for Mexican airlines increased by an average of 6.7% during the months of October to December 2017 over the same period of the previous year. The volume of passengers in the domestic market increased 4.8%, while the international market volume grew 13.6%. Slight economic growth. During the 2017 the Mexican economy showed a recovery in the pace of economic growth. The General Indicator of Economic Activity (IGAE) in December 2017 grew 1.9% compared to the same period of Increase in fuel prices in pesos. During the period October-December 2017 the weighted average price of fuel per liter paid by INTERJET increased by 16.6% when compared to the same period in 2016, reaching a weighted average price per liter of $ 10.0 in the 4Q17, compared to $ 8.57 weighted average per liter in 4Q16. Appreciation of the average exchange rate. The closing exchange rate for the quarter reflected an appreciation of the peso compared to the US dollar of 4.2% compared to the same period of 2016, going from $ pesos per US dollar at 4Q16 to $ pesos per US dollar at 4Q17. Revenue

5 In the 4Q17 INTERJET total revenue increased 10.7% from $ 5,260.6 million pesos in the 4Q16 to $ 5,824.8 million pesos in the 4Q17. This increase was mainly due to a growth in passengers. Passenger revenue increased 11.4% from $ 4,707.1 million pesos in the 4Q16 to $5,242.0 million pesos in 4Q17, mainly due to a higher volume of transported passengers, given the airline's international expansion and to the results of the strategy of charging for ancillaries not included in the basic fare. The seats supply (ASK's) increased by 10.7% in the 4Q17 compared to the same period of 2016, mainly due to the opening of longer routes and to an increase of fleet with higher capacity given the planned expansion of the Company, nonetheless a decrease of 0.3% in the number of operations, compared to the same period of the previous year. Other income increased 5.3%, from $ million pesos in the 4Q16 to $ million pesos in the 4Q17, mainly due to higher income as a result of the strategy of charging for ancillaries not included in the basic fare, of an increase in revenue for rendered services, and an increase in cargo operations. Operating expenses Operating expenses increased 16.6% from $ 4,882.4 million pesos in the 4Q16 to $5,690.7 million pesos in the 4Q17. This increase was mainly due to the higher price of the fuel and to the addition of aircrafts to the Interjet s fleet that caused higher expenses of: airport operating and landing fees, aircraft leases and expenses inherent to the expansion of operations. This increase was partially offset by a lower average exchange rate of the dollar, when comparing the corresponding period against the respective one. At the end of the 4Q17 the company operated 22 SSJ100, 50 A320's (of which three are NEOs) and 6 A321's.

6 The unit cost per ASK in pesos (CASK) increased 5.3% in relation to the 4Q16 due to higher fuel prices. The CASK excluding fuel remained stable during both periods. Fuel expenses on the 4Q17 increased by 31.2% from $1,384.8 million pesos in 4Q16 to $1,817.1 million pesos in the same period of 2017, mainly due to the increase of 16.6% in the weighted average price per liter of fuel paid by the Company, reaching a weighted average price per liter of $10.0 in the 4Q17 compared to $ 8.57 of 4Q16, and for the increase of operations, particularly in the international routes with higher flying range. Maintenance expenses decreased 5.0% from $200.4 million in 4Q16 to $190.5 million in 4Q17 as a result of the reversal of excess maintenance provisions and the positive effect of the control of expenses program. The costs of Airport operating and landing fees increased 4.0% from $920.3 million pesos in the 4Q16 to $957.5 million pesos in the 4Q17 as a result of an increase in the number of operations during the 4Q17, mainly in the international market, partially offset by the savings as of result of appreciation of the exchange rate. Expenses for wages, salaries and crew benefits increased 28.8%, from $364.8 million pesos in 4Q16 to $469.7 million pesos in 4Q17, mainly due to the increase of 20.0% in number of crew employees, going from 2,392 in 4Q16 to 2,871 in the same period of 2017, which include an increase in training and travel expenses, as a result of the additional aircraft that were added in this period. Selling and advertising expenses increased 11.2% from $548.5 million pesos in the 4Q16 to $609.9 in the 4Q17, due to the increase in advertising to promote new routes and by higher bank fees due to the increase in sales. Technology and administrative expenses decreased 12.4% from $432.6 million pesos in the 4Q16 to $378.9 million pesos in the 4Q17 as a result of the control of expenses program.

7 Aircraft and engine rents increased 38.9% from $634.9 million pesos in the 4Q16 to $881.6 million pesos in the 4Q17, as a result of the increase in leased fleet, including the 7 aircraft of the "Sale & Lease Back" transaction, made in 3Q17. Depreciation expenses decreased 15.6% from $301.8 million pesos in the 4Q16 to $254.7 million pesos in the 4Q17 as a result of the sale of the 7 aircrafts occurred in 3Q17. EBITDAR EBITDAR decreased 3.4% from $1,314.9 million pesos in the 4Q16 to $1,270.5 million pesos in the 4Q17. The EBITDAR margin reached 21.8% in the 4Q17 compared to the 25.0% of margin, reached during the same period of Operating Income In 4Q17, operating income decreased 64.5% from $378.1 million pesos in 4Q16 to $134.2 million pesos in 4Q17 with a margin of 7.2% and 2.3% respectively. Mainly due to the increase in costs and expenses mentioned above. Comprehensive financing cost Comprehensive financing cost decreased 67.5%, from a cost of $396.2 million pesos in 4Q16 to a cost of $128.9 million in 4Q17, as a result of a higher exchange profit, a lower interest expenses, given the prepayment of financial liabilities during 2017 and a higher interest income received. Net Income INTERJET reflected a net profit of $14.8 million pesos in 4Q17, compared to a net loss of $37.0 million pesos in the same period of 2016.

8 Comments to the statement of financial position and liquidity As of December 31, 2017, the Company had $1,037.2 million pesos in cash and cash equivalents. The net cash generated by operating activities in 4Q17 amounted $2,526.9 million pesos. Net cash used in investing activities mainly reflects the sale of the 7 aircrafts occurred on 3Q17. The net cash used in financing activities reflects both, the payment of short-term debt and the capitalization occurred on the 2H17. Relevant events Concerning the previous paragraph, in December 2017, an additional $ million of capitalization was received from the Company's shareholders. This amount was used to further reduce debt. Investor Relations Contact: Raul Lopez/CFO/+52 (55)

9 ABC Aerolíneas, S.A. de C.V. and Subsidiaries Unaudited Consolidated Condensed Statements of Financial Position As of December 31, 2017 and 2016 (In thousands of Mexican pesos) Audited December 31, 2017 December 31, 2016 Assets Current assets Cash and cash equivalents $1,037,158 $1,390,741 Accounts receivable 2,192,206 1,057,816 Recoverable taxes, mainly income taxes and value-added tax 437, ,954 Inventories 244, ,248 Prepaid expenses 357, ,231 Total current assets 4,269,131 3,386,990 Prepaid expenses 1,707,596 1,636,087 Flight equipment, leasehold improvements, furniture and equipment - Net 16,894,337 21,545,951 Prepaid maintenance 7,965,209 6,967,318 Deferred taxes 39,276 57,930 Other assets 185, ,425 Concession 43,797 43,797 Deposits on aircraft leases 1,621,070 1,220,649 Total $32,725,934 $35,039,147 Liabilities and stockholders equity Current liabilities Notes payable to financial institutions $3,454,315 $6,912,395 Provision of maintenance and retirement conditions 1,533, ,747 Accounts payable 2,988,724 3,339,696 Other accounts payable and accrued expenses 2,253, ,421 Payable taxes other than income taxes 839, ,703 Air traffic liability 1,867,328 1,277,572 Total current liabilities 12,937,560 13,534,534 Long-term debt 8,796,297 12,083,702 Long-term financial creditors 1,911,630 1,896,501 Employee benefits and other deferred liabilities 11,422 11,423 Provision of maintenance and retirement conditions 1,445,698 2,871,588 Total liabilities 25,102,607 30,397,748 Stockholders equity Capital stock 4,119, ,000 Contributions for future capital increases 5 5 Cumulative translation adjustments 903, ,984 Retained earnings 2,557,659 2,796,975 Controlling interest 7,580,643 4,601,964 Non controlling interest 42,683 39,435 Total stockholders equity 7,623,326 4,641,399 Total $32,725,934 $35,039,147

10 ABC Aerolineas, S.A. de C.V. and Subsidiaries Unaudited Consolidated Statements of Profit or Loss For the three months periods and the years ended December 31, 2017 and 2016 (In thousands of Mexican pesos) For the three months period ended December 31, For the years ended December 31, Operating revenues: Operating revenues $5,242,026 $4,707,137 $19,142,263 $16,368,965 Other 582, ,419 2,213,584 1,638,878 5,824,836 5,260,556 21,355,848 18,007,843 Operating expenses: Aircraft fuel 1,817,065 1,384,812 6,087,980 4,268,095 Maintenance and return conditions 190, ,425 2,042,940 1,960,463 Airport operating and landing fees 957, ,334 3,358,036 2,780,875 Wages, salaries and benefits 469, ,795 1,797,697 1,396,669 Insurance and passenger service 130,791 94, , ,355 Selling 609, ,511 1,840,039 1,678,827 Administrative and other 378, ,550 1,407,947 1,267,770 Flight equipment rentals 881, ,918 2,981,741 2,210,996 Depreciation and amortization 254, ,828 1,214,470 1,286,889 5,690,660 4,882,429 21,145,484 17,098,939 Operating profit 134, , , ,904 Interest income 51,679 15,006 91,627 41,786 Interest expense (222,231) (310,329) (975,486) (936,653) Exchange gain (loss) Net 41,668 (100,892) 467, ,704 (128,884) (396,215) (415,917) (610,163) Income (loss) before income tax 5,292 (18,088) (205,553) 298,741 Income tax expense (9,520) 18,867 30,514 21,717 Consolidated net income (loss) $14,812 (36,955) (236,068) $277,024

11 ABC Aerolíneas, S. A. de C. V. and Subsidiaries Unaudited Consolidated Statements of Changes in Stockholders' Equity For the years ended December 31, 2017 and 2016 (In thousands of Mexican pesos) Capital Stock Contributions for future capital increases Cumulative translation adjustments Retained earnings Non controlling interest Total stockholders equity Balance as of January 1, 2016 $900,000 $5 $275,219 $2,528,447 $30,938 $3,734,609 Comprehensive income: Cumulative translation adjustments of foreign ,765 operations - income ,765 Consolidated net income for the year ,528 8, , , ,528 8, ,790 Balance as of December 31, , ,984 2,796,975 39,435 4,641,399 Increase of capital stock 3,219,093 3,219,093 Comprehensive income: Cumulative translation adjustments of foreign operations - (loss) - (1,098) (1,098) Consolidated net (loss) income for the year (239,316) 3,248 (236,068) - - (1,098) (239,316) 3,248 (237,166) Balance as of December 31, 2017 $4,119,093 $5 $903,886 $2,557,659 $42,683 $7,623,326

12 ABC Aerolíneas, S.A. de C.V. and Subsidiaries Unaudited Consolidated Statements of Cash Flows For the years ended December 31, 2017 and 2016 (In thousands Mexican pesos) Cash flows from operating activities: Consolidated net (loss) income for the year (236,068) $277,024 Income tax expense recognized in net result 18,859 34,210 Depreciation and amortization of non-current assets 1,214,470 1,286,889 Non-current assets sale gain (247,731) 694,556 Provision for maintenance and retirement conditions (8,674) - Interest expense 866, ,653 Unrealized foreign exchange gain 370,167 (1,120,826) (Increase) decrease in accounts receivables (1,134,390) (163,503) (Increase) decrease in recoverable taxes, mainly income tax and value-added tax (169,898) (232,300) (Increase) decrease in inventories (85,247) 92,845 (Increase) decrease in prepaid expenses 153,811 (27,249) (Increase) decrease in deposits on aircraft leases (400,421) (546,632) Increase (decrease) in accounts payables (350,972) 1,621,799 Increase (decrease) in other accounts payable and accrued expenses 1,346,286 41,228 Increase (decrease) in income tax paid 600, ,539 Increase (decrease) in air traffic liability 589, ,645 Increase (decrease) in employee benefits - 1,993 Net cash generated by operating activities 2,526,853 3,426,871 Cash flows from investing activities: Sale (Acquisition) of flight equipment, adaptations, leasehold improvements, and furniture and equipment 1,584,841 (2,404,375.0) Flight equipment, adaptations, leasehold improvements, and furniture and equipment (110,253) (159,518.0) Non-current prepaid assets (5,093) (95,222.0) Other assets (1,644,156) (1,832,573.0) Prepaid maintenance (174,661) (4,491,688.0) Net cash used in investing activities Cash flows from financing activities: (Loans paid) loans received, net (4,949,382) 1,901,311.0 Stock holders' contribution 3,219,093 - Interest expense paid (975,486) (936,653.0) Net cash generated by financing activities (2,705,775) 964,658.0 Effects from exchange rate changes - (523,479) Net decrease in cash and cash equivalents (353,583) (623,638) Cash and cash equivalents at the beginning of the year 1,390,741 2,014,379.0 Cash and cash equivalents at the end of the year $1,037,158 $1,390,741

13 Glossary ASK Means, (available seat kilometer). Represents the total number of seats flown by an airline multiplied by the number of kilometers flown. RPK Means, (revenue passenger kilometer) Represents the number of kilometers flown by paying customers. Load Factor It means the total seats filled, airplane seats average. It is determined by dividing the total RPK's between ASK's. YIELD It means performance indicator of pesos per kilometer. YIELD PER RPK It is determined by dividing passenger revenues by RPK's. RASK Means, (Revenues per Available Seat Kilometer) It is determined by dividing the TOTAL REVENUE between ASK's. CASK Means (Cost of Available Seat Kilometer) Unitary average cost is calculated by dividing total operating expenses by ASKs CASK excluding fuel It is determined by dividing total expenses, less fuel consumption expense, by ASK's.

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