SECOND QUARTER RESULTS 2018

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1 SECOND QUARTER RESULTS 2018 KEY RESULTS In the 2Q18 Interjet total revenues added $ 5,781.9 million pesos that represented an increase of 9.6% over the revenue generated in the 2Q17. In the 2Q18, operating loss was $ million pesos, compared to the operating income of $ million pesos in the 2T17, with operating margins of -6.8% and 3.2% respectively. In 2Q18, EBITDAR reflected a decrease of 24.6% from $ 1,173.9 million pesos in the 2Q17, compared to $ million pesos in the same period of 2Q18, with EBITDAR margins of 22.3% and 15.3%, respectively. INTERJET recorded a net loss of $ million pesos in the 2Q18, compared to a net income of $ million pesos in the same period of 2017, with margins of -2.45% and 2.15%, respectively. 2Q= Second quarter

2 Below is a summary of the selected consolidated financial and operating Information, which is derived from the comparison of Interjet s nonaudited, consolidated financial information for the second quarter of 2018 vs

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4 Market environment INTERJET operated during the 2Q18 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 9.3% during the months of April to June of 2018 over the same period of the previous year. The volume of passengers in the domestic market increased 8.6%, while the international market volume grew 11.7%. Slight economic growth. During the 2Q18 the Mexican economy showed a recovery in the pace of economic growth. The General Indicator of Economic Activity (IGAE) in June 2018 grew 1.3% compared to the same period of Increase in fuel prices in pesos. During the period April - June 2018 the weighted average price of fuel per liter paid by INTERJET increased by 52.36% when compared to the same period in 2017, reaching a weighted average price per liter of $ in the 2Q18, compared to $ 8.08 weighted average per liter in 2Q17. Depreciation of the average exchange rate. The closing exchange rate for the quarter reflected an appreciation of the peso compared to the US dollar of 4.5% compared to the same period of 2017, going from $ pesos per US dollar at 2Q17 to $ pesos per US dollar at 2Q18.

5 Revenue (*Effect IFRS 15) At the beginning of 2018, Interjet adopted the new IFRS 15, using the Modified Retrospective method established in IFRS 15.C3 b), under which the adjustments for the application effect of the new standard are recognized in retained earnings as of the date of initial application (January 1, 2018). Under this transition method, Interjet will apply this rule retroactively only to contracts that are not completed by the date of the initial application. In the 2Q18 INTERJET total revenue increased 9.6% from $ 5,274.4 million pesos in the 2Q17 to $ 5,781.9 million pesos in the 2Q18. This increase was mainly due to a growth in passengers. Passenger revenue increased 19.3%, from $ 4,583.8 million pesos in the 2Q17 to $ 5,466.4 million pesos in the 2Q18, mainly due to a higher volume of transported passengers, given the airline's international expansion, however the seasonality of the Holy and Easter week, sales were reflected in March 2018, and in 2017, those sales were reflected in the month of April; the increased revenue also reflected the reclassification of "ancillaries" commented in the following paragraph. Other income (* IFRS15 effect) decreased 54.3% from $ million pesos in 2Q17 to $ million in 2Q18, mainly due to the reclassification of some items such as "ancillaries" that were previously presented under Other Income. (these revenues do not involve an additional service transferred to the customer, so they are not considered a separate performance obligation and are combined with the flight obligation, forming part of the original fare); and now they are reflected as Revenue by Passengers as of January 1, 2018, given the adoption of the IFRS15 mentioned above. This decrease was partially offset by the net income of $ million pesos, from the sale of 2 aircraft realized this quarter, under the Sale & Lease Back scheme. The seats supply (ASK's) increased by 15.0% in the 2Q18 compared to the same period of 2017, mainly due to the opening of longer routes and to an increase of fleet with higher capacity given the expansion of the Company. At the end of 2Q18 the Company operated 84 aircrafts, 22 SSJ100, 50 A320 s (3 NEO s) and 12

6 A321 s (6 NEO s), compared to 70 aircrafts in the 2Q18 (22 SSJ100, 48 A320 s and 3 A321 s). Operating expenses Operating expenses increased 21.0% from $ 5,105.3 million pesos in the 2Q17 to $ 6,177.3 million pesos in the 2Q18. This increase was mainly due to the higher price of the jetfuel, the depreciation of the peso against the dollar and 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 among others by the opening of routes and stations. These expenses were partially offset by the Company s estimate of the contractual recovery of amounts related to maintenance costs of the SSJ100 fleet. The unit cost per ASK in pesos (CASK) in 2Q18 increased 5.2% in relation to 2Q17, mainly due to the pressure in the price of fuel, the depreciation of the exchange rate parity and the inflation reflected in expenses in unit costs of services. The CASK excluding fuel decreased 11.3%. Fuel expenses on the 2Q18 increased by 73.6% from $ 1,349.6 million pesos in 2Q17 to $ 2,343.5 million pesos in the same period of 2018, mainly due to a) the increase of 52.36% in the weighted average price per liter of fuel paid by the Company, reaching a weighted average price per liter of $ pesos in the 2Q18 compared to $ 8.08 pesos of 2Q17, and b) for the increase of operations, particularly in the international routes with higher flying range. Maintenance expenses increased 0.4% from $ million pesos in 2Q17 to $ million pesos in 2Q18, as a result primarily of the increase in the fleet and greater services to it. The other expenses reflect the Company's estimate of the contractual recovery of amounts related to maintenance costs of the SSJ100 fleet. The costs of airport operating and landing fees increased 23.9% from $ million pesos in 2Q17 to $ 1,027.8 million pesos in 2Q18 as a result of the increase in the number of operations carried out mainly in the international market and the depreciation of the peso against the dollar.

7 Expenses for wages, salaries and crew benefits increased 21.8%, from $ million pesos in 2Q17 to $ million pesos in 2Q18, mainly due to the increase of 4.9% in number of crew employees, going from 1,833 in 2Q17 to 1,922 in the same period of 2018 and the annual union wage revision, which was affected by a higher inflation rate in the country. This increase also includes training and per travel expenses because of the additional aircrafts that were incorporated during this period. Selling and advertising expenses increased 40.6% from $ million pesos in the 2Q17 to $ in the 2Q18, due to the increase in advertising to promote new routes, by higher bank fees due to the increase in sales and an increase in commissions paid to agencies, given the incremental sales associated with these agencies. Technology and administrative expenses increased 4.8% from $ million pesos in the 2Q17 to $ million pesos in the 2Q18 as a result of the growth in the Company's operations. Aircraft and engine rents increased 52.7% from $ million pesos in the 2Q17 to $ 1,025.8 million pesos in the 2Q18, as a result of the increase in leased fleet, including the 7 aircraft of the "Sale & Lease Back" transaction, made in 3Q17, the new transaction of SLB of 2 aircrafts realized in the 2Q18 and the effect by the depreciation of the peso against the dollar. Depreciation expenses decreased 23.4% from $ million pesos in the 2Q17 to $255.3 million pesos in the 2Q18 as a result of the sale of the 7 aircrafts occurred in 3Q17 mentioned above. EBITDAR EBITDAR decreased 24.6% from $ 1,173.9 million pesos in the 2Q17 to $ million pesos in the 2Q18. The EBITDAR margin reached 22.3% in the 2Q17 compared to the 15.3% of margin, reached during the same period of Operating Income

8 In 2Q18, the operating result went from a profit income of $ million pesos in 2Q17 to an operating loss of $ million pesos in 2Q18, with margins of 3.2% and -6.8%, respectively. This was mainly due to the increases in costs and expenses mentioned above. Comprehensive financing cost Comprehensive financing cost increased 153.9%, from a cost of $ 47.8 million pesos in 2Q17 to a cost of $ million in 2Q18, as a result of adverse foreign exchange results based on a higher passive financial position in foreign currency, partially offset by, lower interest expenses, due to the prepayment of financial liabilities, as well as, higher interest income received. Net Income INTERJET reflected a net loss of $ million pesos in 2Q18, compared to a net profit of $ million pesos in the same period of Comments to the statement of financial position and liquidity As of 30 of June, 2018, the Company had $ 1,359.7 million pesos in cash and cash equivalents. The net cash generated by operating activities in 2Q18 amounted $ million pesos. The net cash generated in investment activities of $ 79.9 million pesos, mainly reflects both the sale of the 2 aircraft under the SLB scheme, and the respective recovery of maintenance reserves. Net cash used in financing activities of $ million pesos, reflects the amortization of debt for the period and the payment of interest. Investor Relations Contact: Raul Lopez/CFO/+52 (55)

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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 to airplane seats on 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, (Revenue per Available Seat Kilometer) It is determined by dividing 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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