Document:

EX-10.9

 Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the
information subject to the confidentiality request. Omissions are designated as [*****]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. 

Exhibit 10.09 
 THIS DOCUMENT CONTAINS MATTER WHICH IS PROPRIETARY TO IAE 
 INTERNATIONAL
AERO ENGINES AG (“IAE”) AND CONTROLADORA VUELA 
 COMPAÑÍA DE AVIACIÓN, S.A. DE C.V.
(“VUELA”). YOU MAY NOT POSSESS, USE, COPY 
 OR DISCLOSE THIS DOCUMENT OR ANY INFORMATION IN IT, FOR ANY
PURPOSE 
 WITHOUT IAE’S AND VUELA’S EXPRESS WRITTEN PERMISSION. NEITHER RECEIPT 

NOR POSSESSION OF THIS DOCUMENT ALONE FROM ANY SOURCES CONSTITUTES 

IAE’S OR VUELA’S EXPRESS WRITTEN PERMISSION. POSSESSION, USE, COPYING OR 

DISCLOSURE BY ANYONE WITHOUT IAE’S AND VUELA’S EXPRESS WRITTEN 

PERMISSION IS NOT AUTHORIZED AND MAY RESULT IN CRIMINAL AND OR CIVIL 

LIABILITY. 
 V2500® 

GENERAL TERMS OF SALE BETWEEN 
 IAE INTERNATIONAL AERO ENGINES AG AND 
 CONTROLADORA VUELA
COMPAÑÍA DE AVIACIÓN, S.A. DE C.V. 

 IAE PROPRIETARY INFORMATION 

TABLE OF CONTENTS 
  

							
		
	1. Definitions	  	 	4	  
		
	2. Sale of Purchased Items	  	 	6	  
			
	 2.1
	  	Intent	  	 	6	  
	 2.2
	  	Agreement to Purchase	  	 	6	  
	 2.3
	  	Type Approval and Changes in Specification	  	 	6	  
	 2.4
	  	Inspection and Acceptance	  	 	7	  
	 2.5
	  	Delivery, Shipping, Title and Risk of Loss or Damage	  	 	8	  
	 2.6
	  	Price	  	 	9	  
	 2.7
	  	Payment	  	 	9	  
		
	3. Spare Parts Provisions	  	 	10	  
			
	 3.1
	  	Intent and Term	  	 	10	  
	 3.2
	  	ATA Standards	  	 	12	  
	 3.3
	  	Initial Provisioning	  	 	12	  
	 3.4
	  	Change in Initial Provisioning Data	  	 	13	  
	 3.5
	  	Stocking of Spare Parts	  	 	13	  
	 3.6
	  	Lead Times	  	 	13	  
	 3.7
	  	Ordering Procedure	  	 	13	  
	 3.8
	  	Modifications to Spare Parts	  	 	14	  
	 3.9
	  	Inspection	  	 	15	  
	 3.10
	  	Delivery and Packing	  	 	15	  
	 3.11
	  	Prices	  	 	15	  
	 3.12
	  	Payment	  	 	16	  
	 3.13
	  	Conflict	  	 	17	  
		
	4. Warranties, Guarantees and Liabilities	  	 	17	  
		
	5. Product Support Services	  	 	19	  
		
	6. Miscellaneous	  	 	20	  
			
	 6.1
	  	Delay in Delivery	  	 	20	  
	 6.2
	  	Patents	  	 	21	  
	 6.3
	  	Credit Reimbursement and Right of Setoff	  	 	22	  
	 6.4
	  	Non-Disclosure and Non-Use	  	 	23	  
	 6.5
	  	Taxes	  	 	24	  
	 6.6
	  	Amendment	  	 	24	  
	 6.7
	  	Assignment	  	 	24	  
	 6.8
	  	Exhibits	  	 	25	  
	 6.9
	  	Headings	  	 	25	  
	 6.10
	  	Governing Law and Forum	  	 	25	  
	 6.11
	  	Notices	  	 	25	  
	 6.12
	  	Exclusion of Other Provisions and Previous Understandings	  	 	26	  
	 6.13
	  	Conditions Precedent	  	 	26	  
	 6.14
	  	Termination Events	  	 	27	  
	 6.15
	  	Effect of Termination	  	 	28	  
	 6.16
	  	No Construction Against Drafter	  	 	29	  
		
	Exhibit A Contract Specifications	  	 	30	  

  

					
		  	Clause 1 – Definitions	  	Page 2 of 111

 IAE PROPRIETARY INFORMATION 

 

 TABLE OF CONTENTS 

 

					
	 Exhibit A-1 V2524-A5 Turbofan Engine Model Specification
	  	 	30	  
	 Exhibit A-2 V2527M-A5 Turbofan Engine Model Specification
	  	 	32	  
		
	 Exhibit B Schedules
	  	 	34	  
		
	 Exhibit B-1 Aircraft Delivery Schedule
	  	 	34	  
		
	 Exhibit C Product Support Plan
	  	 	37	  
		
	 Exhibit D Warranties, Guarantees, and Plans
	  	 	59	  

 ***** 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 1 – Definitions	  	Page 3 of 111

 IAE PROPRIETARY INFORMATION 

 

 THIS CONTRACT is made this             day
of             , 2006 
 BETWEEN 

 

			
	IAE INTERNATIONAL AERO ENGINES AG	  	a joint stock company organized and existing under the laws of Switzerland, with a place of business at IAE Building, 400 Main Street, M/S 121-10, East Hartford, Connecticut 06108,
USA (hereinafter called “IAE”); and
		
	CONTROLADORA VUELA COMPAÑÍA DE
AVIACIÓN, S.A. DE C.V.	  	a corporation organized and existing under the laws of Mexico (hereinafter called “Vuela”), whose principal place of business is at Av. Prolongación Reforma # 490,
Primer Piso, Colonia Lomas Santa Fe, Delegación Álvaro Obregón, México, Distrito Federal, C.P. 01210.

 WHEREAS: 
  

	A.	Vuela has decided to acquire new A320 family aircraft to be powered by IAE V2500 Propulsion Systems, and 

 

	B.	IAE is prepared to supply to Vuela V2500 engines, modules, spare parts, special tools, ground equipment, and product support services for the support and operation of
the V2500 Propulsion Systems. 

 NOW THEREFORE IT IS AGREED AS FOLLOWS: 

 

	1.	Definitions 

  In this Contract unless the context otherwise requires:- 

 

	 	1.1	“Aircraft” shall mean (i) the ***** firm Airbus A319-100 aircraft powered by new Engines and being acquired by Vuela from Airbus for delivery as
set forth in Exhibit B-1 to this Contract (the “Firm Aircraft”), and (ii) to the extent that (a) Vuela exercises its option to convert into a firmly ordered aircraft and purchase from the Aircraft Manufacturer one or
more of the ***** option Airbus A320 family aircraft (the “Option Aircraft”), and/or the ***** rolling option Airbus A320 family aircraft (the “Rolling Option Aircraft”) and (b) such Option Aircraft or Rolling
Option Aircraft are powered by new Engines, they shall be deemed to be “Aircraft” hereunder. 

  

	 	1.2	“Aircraft Manufacturer” or “Airbus” shall mean Airbus S.A.S., with its principal place of business at 1, Rond Point Maurice Bellonte,
31707 Blagnac Cedex, France, together with its successors and assigns. 

  

	 	1.3	“Basic Contract Price” shall mean the basic price of each of the Purchased Items as specified in Exhibit B-2 to this Contract.

  

	 	1.4	“Certification Authority” shall mean the regulatory authority referred to in Exhibit A responsible for the type certification of the Engine.

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 1 – Definitions	  	Page 4 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	1.5	“Contract” shall mean this Contract together with all exhibits hereto and all letter agreements executed in connection herewith, whether currently
existing or hereafter entered into, that by their terms constitute part of this Contract, and as this Contract may be amended, modified or supplemented from time to time 

 

	 	1.6	“Engine(s)” shall mean the IAE V2500-A5 aero engines described in the Specifications. 

 

	 	1.7	“Initial Provisioning” shall mean the establishment by Vuela of an initial stock of Spare Parts. 

 

	 	1.8	“Initial Provisioning Data” shall mean information supplied by IAE to Vuela for Initial Provisioning purposes. 

 

	 	1.9	“Initial Provisioning Orders” shall mean orders for Spare Parts for Initial Provisioning purposes. 

 

	 	1.10	“Installation Items” shall mean Engines described in the Specification, modules, accessories, exhaust systems, nacelles and all ancillary equipment
therefor which are being supplied pursuant to this Contract for installation on the Aircraft. 

  

	 	1.11	“Lead Time” shall mean the period specified in the Spare Parts Catalog which represents the minimum time required between acceptance by IAE of an order
by Vuela for Supplies and commencement of delivery of such Supplies. 

  

	 	1.12	“Non-Installation Items” shall mean tools, and all equipment (including handling, transportation and ground equipment) to be supplied pursuant to this
Contract for use with the Installation Items and not for installation on the Aircraft. 

  

	 	1.13	“Purchased Items” shall mean those Spare Engine(s) and Non-Installation Items (if any) specified in Exhibit B-2 to this Contract.

  

	 	1.14	“Service Bulletins” shall mean those service bulletins containing advice and instructions issued by IAE to Vuela from time to time in respect of
Engines. 

  

	 	1.15	“Spare Parts” shall mean spare parts for Engines excluding the items listed in the Specification as being items of supply by Vuela.

  

	 	1.16	“Spare Parts Catalog” shall mean the catalog published by IAE from time to time providing a description, Lead Time and price for Spare Parts and Vendor
Parts available for purchase from IAE. 

  

	 	1.17	“Specification” shall mean the IAE Engine Specification Nos. IAE S24A5/2 and IAE 27MA5/2, which form Exhibit A to this Contract.

  

	 	1.18	“Supplies” shall mean Installation Items, Non-Installation Items, Spare Parts and any other goods or services supplied pursuant to this Contract.

  

	 	1.19	“Vendor Parts” shall mean Spare Parts described in Initial Provisioning Data which are not manufactured pursuant to IAE’s detailed design and
direction. 

  

					
		  	Clause 1 – Definitions	  	Page 5 of 111

 IAE PROPRIETARY INFORMATION 

 

	2.	Sale of Purchased Items 

  

	 	2.1	Intent 

  

	 	    	IAE agrees to sell to Vuela and Vuela agrees to buy from IAE, the Purchased Items, in accordance with the provisions of this Contract. 

 

	 	2.2	Agreement to Purchase 

  

	 	2.2.1	Agreement to Purchase Aircraft from Aircraft Manufacturer 

  

	 	    	Vuela agrees to purchase from the Aircraft Manufacturer no less than ***** Firm Aircraft, powered by new V2500 Propulsion Systems for delivery according to the schedule
set forth in Exhibit B-1 to this Contract and agrees with IAE that it will accept delivery of the Firm Aircraft according to the schedule set forth in Exhibit B-1 to this Contract. At the time of signature of this Contract it is noted that
two (2) of the Firm Aircraft have been purchased by Vuela. 

  

	 	    	Vuela has also procured from the Aircraft Manufacturer options to purchase ***** Option Aircraft and ***** Rolling Options Aircraft. Vuela agrees that to the extent it
purchases A320 family aircraft in addition to the Firm Aircraft, until it has purchased the Requisite Number of additional A320 family aircraft all such aircraft shall be powered by V2500-A5 engines and become “Aircraft”
hereunder. ***** 

  

	 	2.2.2	Agreement to Purchase Purchased Items from IAE 

  

	 	(a)	Vuela hereby places a firm and unconditional order with IAE for the purchase of ***** new V2527M-A5 spare Engines (the “Firm Spare Engines”) for
delivery according to the schedule set forth in Exhibit B-2 to this Contract, and IAE agrees to sell such Firm Spare Engines to Vuela. 

  

	 	(b)	Vuela agrees to place a firm and unconditional order with IAE for the purchase of sufficient quantities and appropriate thrust ratings of Spare Engines (the
“Option Spare Engines”) to support the Option Aircraft and Rolling Option Aircraft ordered and acquired by Vuela such that a Spare Engine to installed Engine ratio of not less than ***** is maintained across Vuela fleet, and IAE
agrees to sell such Option Spare Engines to Vuela. 

  

	 	2.3	Type Approval and Changes in Specification 

  

	 	2.3.1	 The Purchased Items will be manufactured to the standards set forth in the Specification. After the date of this Contract, the Purchased Items

  
  

 

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 2 – Sale of Purchased Items	  	Page 6 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	
may be varied from the standards set forth in the Specification and other IAE manufacturing specifications from time to time by Change Orders in writing, which shall set forth in detail:

  

	 	(a)	The changes to be made in the Purchased Items; and 

  

	 	(b)	The effect (if any) of such changes on the Specification (including but not limited to performance and weight), on interchangeability of the Purchased Items in the
airframe, on prices and on dates of delivery of the Purchased Items. 

 Change Orders shall not be binding on
either party until signed by IAE and Vuela but upon being so signed shall constitute amendments to this Contract. 
  

	 	2.3.2	IAE may make any changes in the Purchased Items which do not adversely affect the Specification, (including but not limited to performance and weight),
interchangeability of the Purchased Items in the airframe, prices or dates of delivery of the Purchased Items. In the case of such permitted changes, a Change Order shall not be required or if issued shall not be binding until signed by IAE and
Vuela. 

  

	 	2.3.3	At the time of delivery of the Purchased Items there is to be in existence a Type Approval Certificate for the Purchased Items in accordance with the provisions of the
Specification. 

  

	 	2.3.4	The Specification has been drawn with a view to the requirements of the Certification Authority and the official interpretations of such requirements in existence at
the date of this Contract (such requirements and interpretations being hereinafter referred to as “Current Rules”). Subject to Clause 2.3.2 above, IAE and Vuela agree that they will execute an appropriate Change Order in
respect of any change required to the Purchased Items to enable such Purchased Items to conform to the requirements of the Certification Authority and the official interpretations of such requirements in force at the date of delivery of such
Purchased Items. 

  

	 	2.3.5	The price of any Change Order is to be paid: 

  

	 	(a)	in the case of changes required to conform to the Current Rules or to enable the Spare Engines to conform to the requirements of this Contract - by IAE; and

  

	 	(b)	in any other case - by Vuela. 

  

	 	2.4	Inspection and Acceptance 

  

	 	2.4.1	Conformance of Purchased Items which are Engines to the Specification will be assured by IAE through the maintenance of procedures, systems and records approved by the
Certification Authority. An Export Certificate 

	 	of Airworthiness or a Certificate of Conformity (as the case may be) will be issued and signed by personnel authorized for such purposes. 

  

					
		  	 Clause 2 – Sale of Purchased Items
	  	Page 7 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	2.4.2	Conformance of Purchased Items which are Non-Installation Items to the Specification will be assured by IAE conformance documentation. 

 

	 	2.4.3	Upon delivery pursuant to Clause 2.5.1 below and the issue of an Export Certificate of Airworthiness or a Certificate of Conformity pursuant to Clause 2.4.1
above or IAE conformance documentation pursuant Clause 2.4.2 above, Vuela shall be deemed to have accepted the Purchased Items and that the Purchased Items conform to the Specification. Vuela’s acceptance will in no way prejudice its
warranty and support rights under this Contract. IAE shall, upon written request from Vuela and subject to the permission of the appropriate governmental authorities, arrange for Vuela to have reasonable access to the appropriate premises in order
to examine the Purchased Items prior to the issue of conformance documentation and to witness Engine acceptance tests. 

  

	 	2.4.4	If Vuela is unable to accept, refuses without reasonable cause or otherwise materially hinders delivery, or if IAE at Vuela’s written request agrees to delay
delivery, of any of the Purchased Items for ***** from the scheduled date of delivery, unless otherwise mutually agreed, Vuela shall nevertheless pay or cause IAE to be paid therefor as if, for the purposes of payment and transfer of title only, the
Purchased Items had been delivered. 

  

	 	2.4.5	In any of the cases specified in Clause 2.4.4 above, Vuela shall also pay to IAE such reasonable sum as IAE shall require in respect of storage, maintenance and
insurance of those Purchased Items; provided, that Vuela shall be entitled to receive the insurance proceeds of any loss or damage to any Purchased Items for which it has paid IAE. 

 

	 	2.4.6	If IAE is unable to deliver a Spare Engine in accordance with the terms of this Contract, Clauses 2.4.4 and 2.4.5 shall not apply. 

 

	 	2.5	Delivery, Shipping, Title and Risk of Loss or Damage 

  

	 	2.5.1	IAE will deliver the Purchased Items, at its option, either Ex-Works (INCOTERMS 2000) Connecticut, United States of America or Ex-Works (INCOTERMS 2000) Derby, England,
in accordance with the delivery schedule set out in Exhibit B-2 to this Contract. IAE will make reasonable efforts to deliver Vuela’s Spare Engines Ex-Works Connecticut U.S.A. (taking into consideration production schedules and other
relevant and material factors.) 

  

	 	2.5.2	Upon such delivery, title to and risk of loss of or damage to the Purchased Items shall pass to Vuela. 

 

	 	2.5.3	Vuela will notify IAE at least ***** before the scheduled time for delivery of the Purchased Items of its instructions as to the marking and shipping of the Purchased
Items. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	 Clause 2 – Sale of Purchased Items
	  	Page 8 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	2.6	Price 

  

	 	    	The Purchase Price for each of the Purchased Items shall be the Basic Contract Price, amended pursuant to Clause 2.3 above, and escalated in accordance with the
escalation formula contained in Exhibit B-2 to this Contract. 

  

	 	2.7	Payment 

  

	 	2.7.1	Vuela will make payment in United States Dollars as follows: 

  

	 	(a)	*****, to the extent that such amount has not already been paid by Vuela, Vuela shall pay to IAE a non-refundable deposit of ***** of the Estimated Purchase Price of
the Purchased Items. 

  

	 	(b)	***** before the scheduled delivery of each of the Purchased Items, Vuela shall pay to IAE a further non-refundable deposit of ***** of the Estimated Purchase Price of
such item. 

  

	 	(c)	***** before the scheduled delivery of each of the Purchased Items, Vuela shall pay to IAE a further non-refundable deposit of ***** of the Estimated Purchase Price of
such item. 

  

	 	(d)	Immediately prior to the delivery of each of the Purchased Items, Vuela shall pay to IAE the balance of the Purchase Price of such item. 

 

	 	2.7.2	IAE shall have the right to require Vuela to make additional deposits in respect of price changes arising from the provisions of Clause 2.3 above on a similar
basis to that specified in Clause 2.7.1 above if the change is requested by Vuela. 

  

	 	2.7.3	Vuela undertakes that IAE shall receive the full amount of payments falling due under this Clause 2.7, without any withholding or deduction whatsoever, other than
withholdings or deductions required by law for Taxes for which IAE is responsible in accordance with Clause 6.5. 

  

	 	2.7.4	All payments under this Clause 2.7 shall be made by cable or telegraphic transfer and shall be deposited not later than the due date of payment with:

 Bank of America 1185 
 Ave of the Americas 
 New York, NY 10038-4924 

***** 
  

	 	    	or as otherwise notified from time to time by IAE. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	 Clause 2 – Sale of Purchased Items
	  	Page 9 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	2.7.5	For the purpose of this Clause 2.7 “payment” shall only be deemed to have been made to the extent cleared or good value funds are received in the
numbered IAE bank account specified in Clause 2.7.4 above. 

  

	 	2.7.6	If Vuela fails to make any payment for any Purchased Item on or before the date when such payment is due, then, without prejudice to any of IAE’s other rights, IAE
will (a) be entitled to charge interest on the overdue amount, at the rate of *****, from the date such payment was due to the date such payment is made and (b) have the right (but not the obligation) to suspend work on the manufacture of
such Purchased Item pending the remedy of such failure and to reschedule the date of delivery of such Purchased Item following the cure of such failure. 

  

	 	2.7.7	For the purpose of this Clause 2.7, the “Estimated Purchase Price” of any of the Purchased Items shall be calculated in accordance with the
following formula. 

 ***** 
 where: 
 ***** 

 

	 	2.7.8	Those payments referred to in Clause 2.7.1 above as “non-refundable” shall be refunded to Vuela in the event Vuela validly (a) exercises its right
to cancel its order for a Spare Engine pursuant to Clause 6.1.5 hereunder, or (b) terminates this Contract pursuant to a Vuela Termination Event in accordance with Clause 6.14 hereunder. 

 

	3.	Spare Parts Provisions 

  

	 	3.1	Intent and Term 

  

	 	3.1.1	For as long as Vuela owns and operates one or more Aircraft in regular commercial service and is not in breach of any of its obligations to IAE under the Contract, IAE
shall provide that reasonably adequate supplies of Spare Parts are available for sale to Vuela under this Contract. In consideration thereof, IAE shall sell to Vuela and, except as otherwise provided under Clause 3.1.2 below, Vuela shall buy
from IAE, Vuela’s requirements of the following Spare Parts: 

  

	 	(a)	All Spare Parts manufactured pursuant to the detailed design and order of IAE where IAE is the only source from which Vuela can purchase in an unused condition and in
quantities sufficient to meet Vuela’s requirements; and 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 3 – Spare Parts Provisions	  	Page 10 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	(b)	Vendor Parts for which direct supply arrangements between the manufacturers of such Vendor Parts and Vuela cannot be established. Except for the purposes of Initial
Provisioning pursuant to Clause 3.3 below, Vuela shall notify IAE in writing not less than ***** before scheduled delivery requested by Vuela that Vuela intends to purchase such Vendor Parts from IAE. If Vuela notifies IAE less than *****
before the scheduled delivery requested by Vuela, IAE will use reasonable efforts to obtain such vendor Parts for sale to Vuela. 

  

	 	3.1.2	In an emergency, IAE shall sell to Vuela Vendor Parts which it is not obliged to sell under this Contract, but which it has in stock or otherwise has reasonably
available to it. 

  

	 	3.1.3	Purchase by Vuela from Others 

  

	 	(a)	Vuela may purchase from another A320 family aircraft operator Spare Parts, which by virtue of Clause 3.1.1 above are required to be purchased from IAE:

  

	 	(i)	on an occasional basis; or 

  

	 	(ii)	where the said operator has published details of excessive stock holdings of the Spare Parts concerned; or 

 

	 	(iii)	pursuant to a pooling arrangement or joint use agreement between Vuela and the said operator. 

 

	 	(b)	Subject to the conditions specified below, in the following circumstances Vuela may obtain from established and IAE approved sources, other than IAE or other Aircraft
operators, Spare Parts which by virtue of Clause 3.1.1 above are required to be purchased from IAE: 

  

	 	(i)	as a temporary expedient in the event of a temporary but material failure by IAE to supply Spare Parts as required herein; or 

 

	 	(ii)	during any period when IAE is hindered or prevented from delivering Spare Parts due to circumstances beyond its control provided Vuela is thereby able to obtain the
Spare Parts it requires sooner than IAE is able to supply them, and provided further that Vuela will not unreasonably thereby increase its stock of the Spare Parts; or 

 

	 	(iii)	where IAE identifies a Spare Part as a standard part. 

 Vuela’s rights under Clause 3.1.3(b) above are subject to Vuela being unable to satisfy its requirements for Spare Parts under the provisions of Clause 3.1.3(a) above. 

 

	 	(c)	Nothing in this Clause 3.1.2 shall be deemed to extend the obligations of IAE or to diminish the limitations upon such obligations under the Warranties referred to
in Clauses 4.1 and 4.2 below. 

  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	 Clause 3 – Spare Parts Provisions
	  	Page 11 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	(d)	Notwithstanding any extension of the time of delivery in accordance with the provisions of Clause 6.1.1 below, Vuela shall be entitled to cancel all or part of any
order on IAE for Spare Parts which, pursuant to the terms of Clauses 3.1.3(b)(i) and 3.1.3(b)(ii) are purchased from another source by giving reasonable written notice to IAE of cancellation of the said order.

  

	 	(e)	In the event that Vuela purchases Spare Parts under Clause 3.1.2, Vuela shall give written notice to IAE of the extent of such purchase supported by any other
technical information which IAE may reasonably require. 

  

	 	3.2	ATA Standards 

  

	 	    	The parties to this Contract shall comply with the requirements of shipping procedures outlined in ATA Specifications 2000 and 300, provided that the parties shall be
entitled to negotiate reasonable changes in those procedures or requirements of the said specifications which, if complied with exactly, would result in an undue operating burden or unnecessary economic penalty. In particular, on written
notification by Vuela to IAE prior to placement of Initial Provisioning orders, IAE would agree to the use of ATA Specification 200 instead of ATA Specification 2000. 

 

	 	3.3	Initial Provisioning 

  

	 	3.3.1	To assist Vuela’s Initial Provisioning, IAE shall supply Vuela with Initial Provisioning Data in accordance with ATA Specification 2000, subject to Clause 3.2
above. 

  

	 	3.3.2	Details of the format and precise nature of the said Initial Provisioning Data, including the applicable revision numbers of ATA Specification 2000, definition of Spare
Parts Categories, and Lead Times, and agreement on technical publications shall be agreed between IAE and Vuela at a preliminary meeting held for this purpose at a time and place to be agreed. 

 

	 	3.3.3	The said Initial Provisioning Data shall cover all Spare Parts, including agreed Vendor Parts, which in IAE’s opinion may be reasonably required for Vuela’s
operation of the Installation Items. 

  

	 	3.3.4	Before Vuela places Initial Provisioning Orders, a conference shall be held for the review of Initial Provisioning Data supplied by IAE under Clause 3.3.1 above.
The said conference shall be held as soon as possible after this Contract is signed and shall be attended by the personnel of each party directly responsible for Initial Provisioning. 

  

					
		  	Clause 3 – Spare Parts Provisions	  	Page 12 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	3.4	Change in Initial Provisioning Data 

  

	 	    	IAE shall, free of charge, progressively and promptly revise Initial Provisioning Data in accordance with ATA Specification 2000 to take into account any changes which
may materially affect provisioning decisions. 

  

	 	3.5	Stocking of Spare Parts 

  

	 	    	Upon IAE’s request, Vuela shall provide IAE with information reasonably required to enable IAE to plan and organize the manufacture and stocking of Spare Parts.

  

	 	3.6	Lead Times 

  

	 	3.6.1	Spare Parts for Initial Provisioning shall be delivered on or before the dates specified in Vuela’s orders, provided that said dates comply with the lead time of
at least ***** prior to the delivery date of the order and do not call for delivery more than ***** before the scheduled date of delivery of the first Aircraft to Vuela and provided further that delivery of the total Initial Provisioning quantity
shall be effected in line with Vuela’s delivery schedule and Aircraft utilization. 

  

	 	3.6.2	Except as herein provided, replenishment Spare Parts shall be delivered within the Lead Time specified in the IAE Spare Parts Catalog, except for certain major Spare
Parts designated in the Spare Parts catalog as being available at prices and lead times to be quoted upon request. 

  

	 	3.6.3	If any order for replenishment Spare Parts shall call for a quantity materially in excess of Vuela’s normal requirements, IAE shall notify Vuela and may request a
special delivery schedule. If Vuela confirms that the full quantity ordered is required, delivery of the order shall be effected at delivery dates specified by IAE, but the Lead Times provided by this Clause shall not apply with respect to the
excess quantity. 

  

	 	3.6.4	In an emergency, IAE shall use reasonable efforts to deliver all Spare Parts within the time limits specified by Vuela. IAE will provide notice of the action to be
taken on such orders within the following time periods from IAE’s receipt of such notice and based on the type of order: 

  

	 	(a)	AOG (Aircraft on Ground) orders - within 4 hours; 

  

	 	(b)	Critical (imminent AOG or work stoppage or other emergency order) - within 24 hours; 

 

	 	(c)	Expedite (less than published or quoted lead time) - within 7 days. 

  

	 	3.7	Ordering Procedure 

  

	 	3.7.1	After receipt of Initial Provisioning Data, Vuela shall place its Initial Provisioning Orders at least ***** to the requested delivery date of the order in accordance
with the Lead Times specified in Clause 3.6.1. Vuela shall use its best efforts to give priority to ordering major items designated in the Initial Provisioning Data. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	 Clause 3 – Spare Parts Provisions
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 IAE PROPRIETARY INFORMATION 

 

	 	3.7.2	Subsequent orders for Spare Parts shall be placed by Vuela from time to time as may be appropriate to adequately support Vuela’s operation. Vuela shall give IAE as
much notice as reasonably possible of any material change in its operation and maintenance of the Aircraft, including, but not limited to, changes in maintenance or overhaul arrangements affecting its requirements of Spare Parts, including Vendor
Parts. 

  

	 	3.7.3	IAE shall promptly acknowledge receipt of each order for Spare Parts in accordance with ATA Specification 2000 procedure. Unless qualified, such acknowledgment, subject
to variation in accordance with Clause 3.6.3 above, shall constitute an acceptance of the order under the terms of this Contract. 

  

	 	3.7.4	Standard package quantities shall be delivered and packed in accordance with the Spare Parts Catalog. 

 

	 	3.7.5	Not later than one (1) month prior to the time of placing Initial Provisioning Orders, Vuela shall provide IAE in writing with full shipping instructions
applicable to both Initial Provisioning Orders and to subsequent standard replenishment orders for Spare Parts to be placed by Vuela. Vuela may from time to time provide different shipping instructions by written notice to IAE.

  

	 	3.8	Modifications to Spare Parts 

  

	 	3.8.1	IAE shall be entitled to make modifications or changes to the Spare Parts ordered by Vuela hereunder and modified spare parts shall be substituted for spare parts
ordered, unless (with respect to modifications categorized in Service Bulletins as recommended or optional category) the modifications are considered by Vuela to be unacceptable and Vuela so states in writing to IAE within ninety (90) days
of the transmittal date of a Service Bulletin, in which case Vuela shall be entitled to place a single order for Vuela’s anticipated total requirement of pre-modified Spare Parts (subject to availability), at a price and delivery schedule
to be agreed. IAE shall promptly inform Vuela by means of Service Bulletins when such modified Spare Parts (or Spare Parts introduced by a repair scheme) become available for supply hereunder. Notification of such availability shall be given to
Vuela before delivery. 

  

	 	3.8.2	Unless Vuela notifies IAE in writing under the provisions of Clause 3.8.1 hereof, IAE may supply at the expense of Vuela a modification of any Spare
Part ordered, provided that the said modification has received the approval of the Certification Authority. The delivery of such Spare Parts shall begin on dates indicated by Service Bulletin. The delivery schedule shall be agreed at the time
when orders for modifications are accepted by IAE. 

  

					
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 IAE PROPRIETARY INFORMATION 

 

	 	3.9	Inspection 

  

	 	3.9.1	Conformance to the Specification of Installation Items will be assured by IAE through the maintenance of procedures, systems and records approved by the Certification
Authority. Conformance documentation will be issued by IAE to Vuela and signed by IAE personnel authorized for such purpose. 

  

	 	3.9.2	Conformance of Non-Installation Items will be assured by IAE conformance documentation. 

 

	 	3.9.3	Upon the issue of conformance documentation in accordance with Clauses 3.9.1 or 3.9.2 above, and provided the same shall not have been manifestly issued in error,
Vuela shall be deemed to have accepted the Installation Items and Non-Installation Items and that such Items conform to the applicable specification, without prejudice to any of Vuela’s warranty and other rights under this Contract.

  

	 	3.10	Delivery and Packing 

  

	 	3.10.1	IAE shall deliver Spare Parts Non-Installation Items Ex-Works (INCOTERMS 2000), the point of manufacture. Shipping documents and invoices shall be in accordance with
ATA Specification 2000. 

  

	 	3.10.2	Upon such delivery as described in Clause 3.10.1, title to and risk of loss of or damage to the said Spare Parts and Non-Installation Items shall pass to Vuela.

  

	 	3.10.3	In accordance with ATA Specification 2000 requirements, Vuela shall advise IAE at time of order of its instructions as to the marking and shipping of the Spare Parts
and Non-Installation Items. 

  

	 	3.10.4	The packaging of Spare Parts shall be in accordance with ATA Specification 300 Category 2 standard, unless deviations are otherwise agreed pursuant to Clause 3.2
and shall be free of charge to Vuela. Category 1 standard packaging, if required by Vuela, shall be paid for by Vuela. 

  

	 	3.11	Prices 

  

	 	3.11.1	Prices of all Spare Parts shall be quoted in U.S. Dollars, in the Spare Parts Price Catalog, or Initial Provisioning Data, or in individual quotations. Such prices
shall represent net unit prices, Ex-Works (INCOTERMS 2000), IAE point of manufacture according to Clause 3.10.1 above. 

 Prices and Lead Times in the Spare Parts Price Catalog or by individual quotations are valid for the time period as listed in the Spare Parts Catalog or as shown in the quotation. 

  

					
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 IAE PROPRIETARY INFORMATION 

 

	 	3.11.2	Prices applicable to each order placed by Vuela hereunder shall be the prices in effect according to the terms of the Spare Parts Price Catalog at the time of scheduled
delivery. 

  

	 	3.11.3	IAE may from time to time adjust its prices for Spare Parts upon not less than ninety (90) days’ notice to Vuela. Any individual price errors in the
calculation of prices may be corrected without advance notice to Vuela. 

  

	 	3.11.4	On request by Vuela, prices of Spare Parts or other materials not included in the Spare Parts Price Catalog shall be quoted within a reasonable time by IAE.

  

	 	3.12	Payment 

  

	 	3.12.1	Payment for all purchases under this Clause 3 shall be made by Vuela to IAE ***** after the date of ex works delivery. 

 

	 	3.12.2	Vuela undertakes that IAE shall receive payment in U.S. Dollars of the full amount of payments falling due under this Clause 3.12, without any withholding or
deduction whatsoever. 

  

	 	3.12.3	All payments under this Clause 3.12 shall be made by wire transfer to, and shall be deposited not later than the due date of payment with:

 Bank of America 
 1185 Ave of the Americas New York, 
 NY 10038-4924 

***** 
  

	 	    	or as otherwise notified from time to time by IAE. 

  

	 	3.12.4	For the purpose of this Clause 3.12, payment shall only be deemed to have been made to the extent immediately available funds are received in the account specified
in sub-clause 3.12.3 above. 

  

	 	3.12.5	Notwithstanding Clause 3.12.1 above, payments for all purchases shall be due from Vuela upon delivery, or at IAE’s option prior to delivery of the purchased
items upon the occurrence and during the continuation of any of the following events: (a) a receiver or trustee is appointed for all or a substantial part of Vuela’s property, or (b) Vuela is adjudicated or voluntarily becomes a
bankrupt under any bankruptcy or winding up laws or other similar legislation, or (c) Vuela becomes insolvent or makes an assignment for the benefit of creditors, or (d) an execution is issued pursuant to a valid, final material judgment
rendered against Vuela, or (e) Vuela is unable or refuses to make any undisputed payment to IAE in accordance with any of Vuela’s obligations to IAE. 

 

	 	3.12.6	 If Vuela fails to make any payment for any Spare Parts or Non-Installation Items on or before the date when such payment is due, then,

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	 Clause 3 – Spare Parts Provisions
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 IAE PROPRIETARY INFORMATION 

 

	 	
without prejudice to any other rights set forth herein or under applicable law, IAE will be entitled to charge interest on the overdue amount, at the rate of *****, from the date such payment was
due to the date such payment is made. 

  

	 	3.13	Conflict 

  

	 	    	In the event of any conflict between the provisions of this Contract and the provisions of ATA Specifications 101, 2000 and 300, or purchase orders from Vuela the
provisions of this Contract shall prevail. 

  

	4.	Warranties, Guarantees and Liabilities 

  

	 	4.1	IAE warrants to Vuela that, at the time of delivery, the Supplies sold hereunder will be free of defects in material and manufacture, and will conform substantially to
applicable specifications and rules and regulations of the Certification Authority. IAE’s liability and Vuela’s remedies under this warranty are limited to the repair or replacement, at IAE’s election, of Supplies or parts thereof
returned to IAE at the factory of manufacture which are shown to IAE’s reasonable satisfaction to have been defective; provided, that written notice of the defect shall have been given by Vuela to IAE within ninety (90) days after the
first operation or use of the Supplies (or if the Supplies are installed in Vuela Aircraft, within ninety (90) days after acceptance of such Aircraft by its first operator) or within thirty (30) days after the defect has become
apparent, but in no event later than one (1) year after the date of delivery of such Supplies by IAE. Transportation charges for the return of Supplies to IAE pursuant to this Clause and their reshipment to Vuela and the risk of loss
thereof will be borne by IAE only if the Supplies are returned in accordance with written shipping instructions from IAE, and are defective. 

  

	 	4.2	In addition, IAE grants and Vuela accepts the following: 

  

	 	    	***** 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 4 – Warranties, Guarantees and	  	Page 17 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	    	The Service Policies, Warranties and Guarantees referred to in this Clause 4.2 are hereinafter called the “Warranties”. The above Service Policies,
Warranties and Guarantees together form Exhibit D to this Contract. 

  

	 	4.3	The parties agree that those of the Warranties set out in Clauses 4.2.1 and 4.2.2 above shall also apply to any equipment which falls within the type of equipment
covered by those Warranties, which are manufactured, supplied or inspected by IAE howsoever and whenever (whether before, on or after the date first above written) acquired by Vuela from whatsoever source, including but not limited to any V2500 aero
engines and any associated equipment therefor, and any parts for such engines and associated equipment which form part of any aircraft (including the Aircraft) acquired from the Manufacturer. 

 

	 	4.4	The Warranties are personal to Vuela and the obligations of IAE thereunder shall only apply insofar as Vuela operates the Supplies covered thereunder. Notwithstanding
the foregoing, with IAE’s written consent (not to be unreasonably withheld) Vuela may assign the Warranties set out in Clauses 4.1, 4.21 and 4.2.2 above to a third party in connection with the financing (including sale leasebacks or
similar transactions) of the Aircraft. 

  

	 	4.5	Vuela shall inform any entity to whom it sells, leases, loans or otherwise disposes of any of the Supplies or equipment referred to in Clause 4.3 above that such
entity may obtain from IAE, and upon request from Vuela, IAE hereby agrees to use all reasonable endeavors to enter into a direct warranty agreement with any such entity (at no additional charge to Vuela or such entity) incorporating those of the
Warranties set out in Clauses 4.1, 4.2.1 and 4.2.2. Vuela shall also use its reasonable endeavors to ensure that such entity shall enter into a direct warranty agreement with IAE prior to delivery of any of the Supplies or such equipment to
such entity. 

  

	 	4.6	IAE and Vuela agree that the intent of the Warranties provided in Clause 4.2 is to provide specified benefits or remedies to Vuela as a result of specified events.
It is not the intent, however, to duplicate benefits or remedies provided to Vuela by IAE or another source (e.g., another equipment manufacturer or lessor) as a result of the same event or cause. Therefore, notwithstanding the terms of the
Warranties, Vuela agrees that it shall not be eligible to receive benefits or remedies from IAE if it stands to receive or has received duplicate benefits or remedies from IAE or another source as a result of the same event or cause. Furthermore, in
no event shall IAE be required to provide duplicate benefits to Vuela and any other party such as a leasing company as a result of the same event or cause. 

 

	 	    	Notwithstanding the above, as may arise, the following Guarantees may be used in combination with the warranties provided under Clause 4: 

 

	 	    	***** 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 4 – Warranties, Guarantees and	  	Page 18 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	4.7	Vuela accepts that the Warranties and rights granted to Vuela under Clauses 4.1, 4.2 and 4.3 above together with the express remedies provided to Vuela in respect
of the Supplies in accordance with this Contract are expressly in lieu of, and Vuela hereby waives, all other remedies, conditions and warranties, expressed or implied including without limitation, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR
FITNESS FOR A PARTICULAR PURPOSE, and all other obligations and liabilities whatsoever of IAE and of its shareholders whether in contract or in tort or otherwise for any defect, deficiency, failure, malfunctioning or failure to function of any item
of the Supplies or of the equipment referred to in Clause 4.3 above, howsoever and whenever acquired by Vuela from whatever sources. Vuela agrees that neither IAE nor any of its shareholders shall be liable to Vuela upon any claim therefor or
upon any claim howsoever arising out of the manufacture or supply or inspection by IAE or any of its shareholders of any item of the Supplies or of such equipment or any other item of whatever nature, whether in contract or in tort or otherwise,
except as expressly provided in the said Warranties, and Vuela assumes all risk and liability whatsoever not expressly assumed by IAE in the said Warranties. Except as may be otherwise agreed in this Contract, in no event shall IAE be liable to
Vuela for special, incidental or consequential damages under this Contract, including damage to or loss of use, revenue or profit with respect to any Aircraft and/or Supplies. 

 

	 	4.8	IAE and Vuela agree that this Clause 4 has been the subject of discussion and negotiation, is fully understood by the parties and the price of the Supplies and
other mutual agreements of the parties set forth in this Contract are arrived at in consideration of: 

  

	 	4.8.1	the express Warranties of IAE and Vuela’s rights thereunder; and 

  

	 	4.8.2	the exclusions, waivers and limitations set forth in Clause 4.7 above. 

 

	 	4.9	In consideration for the Warranties set out in Clauses 4.2.1 and 4.2.2. and coverage under the Fleet Hour Agreement, Vuela agrees that it will continue operation
of the Installed and Spare Engines it purchases from IAE until the Engines have been operated for no less than ***** hours. Should Vuela decide to discontinue operation of any of the Engines prior to the ***** hour period, Vuela agrees to give IAE
the option to purchase any such Engines at the then prevailing fair market value. Said conditions shall apply to any third party to which Vuela may sell, lease, loan or otherwise dispose of the Engines. 

 

	5.	Product Support Services 

  

	 	5.1	IAE will make available to Vuela the Product Support Services described in Exhibit C to this Contract. Except when identified in such Exhibit C as being at
additional cost or as requiring separate contractual arrangements, such Product Support Services shall be supplied at no additional charge to Vuela and subject to the provisions of this Contract. IAE may delegate the performance of product support
services to an affiliated company or any of IAE’s shareholders. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 5 – Product Support Services	  	Page 19 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	5.2	Vuela will provide to any IAE customer support representative(s) working at its facility, free of charge: 

 

	 	5.2.1	reasonable, secure office accommodation including furniture and office equipment and 

 

	 	5.2.2	access to telephone, facsimile and secretarial services and 

  

	 	5.2.3	access to such first-aid and emergency assistance as is customarily provided to Vuela’s own employees and 

 

	 	5.2.4	air travel on Vuela’s network for travel away from such customer support representative(s)’ normal location at Vuela with respect to the provision of support
under this Contract. Should Vuela request such representative to travel to a location not reached by Vuela’s network, Vuela will reimburse IAE for related travel expenses. 

 

	 	    	Vuela further agrees that such customer support representative(s) will be entitled to all reasonable absences from work allowed pursuant to normal IAE practice,
including but not limited to, leaves of absence relating to vacation, holiday and sick time. 

  

	 	    	It is expressly agreed that such customer support representatives shall at no time be considered employees of Vuela and that Vuela shall not be responsible for the
payment of such customer support representatives’ salary or benefits. 

  

	6.	Miscellaneous 

  

	 	6.1	Delay in Delivery 

  

	 	6.1.1	If IAE is hindered or prevented from performing any obligation hereunder including but not limited to delivering any of the Supplies within the time for delivery
specified in this Contract (as such time may be extended pursuant to the provisions of this Contract) by reason of: 

  

	 	(a)	any cause beyond the reasonable control of IAE, or 

  

	 	(b)	fires, industrial disputes or introduction of essential modifications required by the Certification Authority 

 

	 	    	then, subject to the provisions of Clause 6.1.5 hereunder, the time for delivery shall be extended by a period equal to the period for which delivery shall have
been so hindered or prevented, and IAE shall not be under any liability whatsoever in respect of such delay. 

  

	 	6.1.2	If, by reason of any of the causes specified in Clause 6.1.1 above, IAE is hindered or prevented from delivering any goods (which are the same as and include the
Supplies) to purchasers (including Vuela) then IAE shall have the right to allocate in good faith such goods, as they become available, at its own discretion among all such purchasers and IAE shall not be under any liability whatsoever to Vuela for
delay in delivery to Vuela resulting from such allocation by IAE and the time for delivery shall be extended by a period equal to the delay resulting from such allocation by IAE. 

  

					
		  	Clause 6 – Miscellaneous	  	Page 20 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	6.1.3	Should IAE delay performance of any obligation hereunder, including but not limited to delivery of any item of the Supplies beyond the time for delivery specified in
this Contract (as such time may be extended pursuant to the provisions of this Contract) for any reason other than the causes specified in Clause 6.1.1 above, then in respect of the ***** of such delay, IAE shall not be under any liability
whatsoever and thereafter in respect of any further delay in delivery the damages recoverable by Vuela from IAE as Vuela’s sole remedy shall be its reasonable actual damages in an amount not to exceed ***** of the purchase price of the item of
Supplies so delayed in respect of each month of such further delay (and prorata for any period of less than one month) subject to an overall maximum of ***** of the purchase price of the item of the Supplies so delayed. 

 

	 	6.1.4	The right of Vuela to claim damages pursuant to Clause 6.1.3 shall be conditional upon the submission of a written claim therefor, within ***** from the date on
which IAE notifies Vuela that the item of the Supplies so delayed is ready for delivery, or from the date on which Vuela exercises the right of cancellation in respect of such item conferred in accordance with Clause 6.1.5 below, whichever date
shall first occur. 

  

	 	6.1.5	Should IAE delay performance of any obligation hereunder including but not limited to delivery of any item of the Supplies beyond ***** from the time for delivery
specified in this Contract (as such time may be extended pursuant to the provisions of this Contract) then, in addition to the right of Vuela under Clause 6.1.3, Vuela shall be entitled to refuse to take delivery of such item on giving IAE
notice in writing within ***** after the expiration of such period of *****. Upon receipt of such notice IAE shall be free from any obligation in respect of such item except that IAE shall refund to Vuela any deposits made in respect of the purchase
price of such item of the Supplies, together with interest from the date such deposits were received by IAE, calculated at the rate of *****, until the date they are returned to Vuela. 

 

	 	6.1.6	No escalation shall apply during any period of delay unless such period of delay is caused by any of the causes specified in Clause 6.1.1.

  

	 	6.2	Patents 

  

	 	6.2.1	 IAE shall, subject to the conditions set out in this Clause and as the sole liability of IAE in respect of any claims for infringement of
intellectual property rights, indemnify Vuela against any claim that the use of any of the Supplies by Vuela within any country to which at the date of such claim the benefits of Article 27 of the Convention on International Civil Aviation of
7th December 1944 (The Chicago Convention) apply, infringes any patent, design, or model duly granted or registered 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 6 – Miscellaneous	  	Page 21 of 111

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provided, however, that IAE shall not be liable to Vuela for any consequential damage or any loss of use of the Supplies or of the Aircraft in which the Supplies may be incorporated arising as a
result directly or indirectly of any such claim. 

  

	 	6.2.2	Vuela will give prompt notice in writing to IAE of any such claim whereupon IAE shall have the right at its own expense to assume the defense of or to dispose of or to
settle such claim in its sole discretion. Vuela will give IAE all reasonable assistance and IAE will reimburse Vuela for its reasonable out-of-pocket expenses for providing such assistance to IAE. In addition, Vuela will not by any voluntary act or
omission do knowingly anything which may directly or indirectly materially prejudice IAE in this connection. 

  

	 	6.2.3	IAE shall at its option and own expense either (i) substitute for any allegedly infringing Supplies substantially equivalent non-infringing supplies,
(ii) procure for Vuela the right to use any infringing Supplies or (iii) modify any infringing Supplies so they become non-infringing. 

  

	 	6.2.4	The indemnity contained in Clause 6.2.1 above shall not apply to claims for infringement in respect of (i) Supplies manufactured to the specific design
instructions of Vuela; (ii) Supplies not of IAE design (but IAE shall in the event of any claim for infringement pass on to Vuela so far as it has the right to do so the benefits of any indemnity given to IAE by the designer, manufacturer or
supplier of such Supplies); (iii) the manner or method in which any of the Supplies is installed in the Aircraft; or (iv) any combination of any of the Supplies with any item or items other than Supplies. 

 

	 	6.3	Credit Reimbursement and Right of Setoff. 

  

	 	    	If Vuela does not take delivery of ***** Firm Aircraft and ***** Firm Spare Engines, IAE shall have the right to adjust the base credits granted on each of such
sixteen (16) Firm Aircraft and three (3) Firm Spare Engines acquired by Vuela by the amount of ***** per Firm Aircraft and Firm Spare Engine not purchased by Vuela. Following such adjustment, Vuela will promptly reimburse IAE in an
amount equal to (a) the value of the credits actually provided in excess of the adjusted amounts, plus (b) the interest on such excess amounts calculated from the time each respective amount was applied or value received until
reimbursement. Interest will be calculated at *****. 

  

	 	    	IAE shall without prejudice to any of its other rights have the right to set off against the credits that are from time to time made available by IAE under this
Contract (either directly to Vuela or via the Aircraft Manufacturer or its affiliates), the amount of any undisputed payment for which Vuela remains in default after any applicable grace period, under (a) this Contract, or (b) any other
agreement between IAE and Vuela. For the avoidance of doubt, IAE’s rights under this paragraph are in addition to all other rights and remedies IAE may have available under this Contract or under law, provided, that IAE shall be entitled
to recover any payment for which Vuela is in default through the exercise of such rights under this paragraph and/or such other rights or remedies, without duplication. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 6 – Miscellaneous	  	Page 22 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	6.4	Non-Disclosure and Non-Use 

  

	 	6.4.1	Subject to Clause 6.4.3 below, each party agrees not to disclose to any third party (other than professional advisers of such party who agree to abide in advance
by the non-disclosure requirements set forth in this Clause 6.4) any Information which it acquires directly or indirectly from IAE and agrees not to use the same other than for the purpose for which it was disclosed or for purposes of
enforcement of this Contract in an arbitration of judicial proceeding, without the written approval of the other party. The expression “Information” in this Clause 6.4.1 includes but is not limited to all oral or written information,
know-how, data, reports, drawings and specifications, and all provisions of this Contract. 

  

	 	6.4.2	Each party shall be responsible for the observance of the provisions of Clause 6.4.1 above by its employees and professional advisors. 

 

	 	6.4.3	The provisions of Clause 6.4.1 above shall not apply to information which is or becomes generally known in the aero engine industry nor shall the provisions of
Clause 6.4.1 above prevent any necessary disclosure of information to enable Vuela itself to operate, maintain or overhaul Supplies nor to information required to be disclosed by a valid governmental, judicial or regulatory agency order.

  

	 	6.4.4	Vuela shall be responsible for obtaining any required authorization including any export licenses (other than export licenses for the country of manufacture), import
licenses, exchange permits or any other governmental authorizations required in connection with the transactions contemplated under this Contract. IAE shall provide Vuela such information and other assistance as Vuela may reasonably request to
permit Vuela to obtain such licenses, permits and authorizations. Vuela shall restrict disclosure of all information and data furnished under this Contract in obtaining such licenses, permits, or authorizations. Vuela shall only ship the Supplies
and information and data furnished under this Contract to those destinations permitted under such licenses, permits, or authorizations. 

  

	 	6.4.5	In the event that any of the Information as described in Clause 6.4.1 is required to be disclosed by a party through a valid governmental, judicial or regulatory
agency order, the disclosing party agrees to advise the other party of the need for disclosure (in advance of such disclosure when possible) and to limit the disclosure to only those portions of the Information specifically required to be disclosed
by such order, and to maintain the confidentiality of as much of the Information as legally possible. 

  

					
		  	Clause 6 – Miscellaneous	  	Page 23 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	6.5	Taxes 

  

	 	6.5.1	Subject to Clause 6.5.2 below, IAE shall pay all imposts, duties, fees, taxes and other like charges levied by any governmental taxing authority or agency, in
connection with the Supplies prior to their delivery. 

  

	 	6.5.2	All amounts stated to be payable by Vuela pursuant to this Contract exclude any value added tax, sales tax or taxes on turnover. In the event that the supply of goods
or services under this Contract is chargeable to any value added tax, sales tax or taxes on turnover such tax will be borne by Vuela. To ensure so far as possible that Vuela is not charged with European Community value added tax
(“VAT”), Vuela will within 30 days of signature hereof, inform IAE of its VAT Code (if any) for inclusion on IAE’s invoices. Further, each party agrees to reasonably cooperate with the other to reduce the tax liabilities
of the other. 

  

	 	6.5.3	Vuela shall pay all other imposts, duties, fees, taxes and other like charges by whomsoever levied other than (i) taxes on IAE’s gross or net income;
(ii) taxes which would not have been imposed but for a connection between IAE and the taxing jurisdiction unrelated to this Contract; and (iii) taxes which would not have been imposed but for the gross negligence of willful misconduct of
or a breach of this Contract by IAE. 

  

	 	6.6	Amendment 

  

	 	    	This Contract shall not be amended in any way other than by written agreement by the parties on or after the date of this Contract, which agreement is expressly stated
to amend this Contract. 

  

	 	6.7	Assignment 

  

	 	    	Except as provided under Clause 5 above, neither party may assign any of its rights or obligations hereunder without the written consent of the other party (except
that IAE may assign its rights to receive money hereunder or its rights and obligations, or a portion thereof, to any wholly owned subsidiary of IAE or to any of IAE’s shareholders subject to such subsidiary or shareholders being able to
fulfill the obligations being assigned). Any assignment made in violation of this Clause 6.7 shall be null and void. 

  

	 	    	IAE understands that Vuela may use any of various mechanisms (including sale leasebacks) to finance or acquire the Aircraft or any Spare Engine or any predelivery
payments in respect thereof. IAE agrees to reasonably consider Vuela’s timely requests that IAE consent to the assignment of Vuela’s rights or obligations hereunder to facilitate any such financing or acquisition. In respect of the
purchase of the Aircraft, IAE agrees that Vuela may assign this Contract with respect to a particular Aircraft to an affiliated special purpose entity or other entity formed for the purpose of facilitating the financing or acquisition of the
Aircraft. 

  

					
		  	Clause 6 – Miscellaneous	  	Page 24 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	    	IAE also understands that Vuela is not an operator of equipment and that Vuela’s Affiliates will be the ultimate users of the Aircraft and the Supplies.
Furthermore, such Affiliates may be the purchasers of Supplies. Vuela may make an assignment to such Affiliates of the relevant portions of the Contract (including the relevant portions of Clauses 1, 3, 4 and 6) relating to the purchase of
Supplies, subject to such subsidiary or shareholders being able to fulfill the obligations being assigned. 

  

	 	    	For purposes of this Clause 6.7, “Affiliates” shall mean any subsidiaries or other affiliates that are either wholly-owned or otherwise controlled
by Vuela or its shareholders. 

  

	 	6.8	Exhibits 

  

	 	    	In the event of any unresolved conflict or discrepancy between the Exhibits (which are hereby expressly made a part of this Contract) and Clauses of this Contract
then the Clauses shall prevail. 

  

	 	6.9	Headings 

  

	 	    	The Clause headings and the Index do not form a part of this Contract and shall not govern or affect the interpretation of this Contract. 

 

	 	6.10	Governing Law and Forum 

  

	 	    	This Contract shall be subject to and interpreted and construed in accordance with the laws of the State of New York, United States of America (excluding its conflicts
of law provisions). The parties agree to exclude the application of the United Nations Convention on Contracts for the International Sale of Goods (1980). Any suit, action or proceeding against any of the Parties hereto with respect to this Contract
and any judgment entered by any court in respect thereof may be brought in the Supreme Court of the State of New York, New York County, or in the United States District Court for the State of New York, as each party hereto in its sole discretion may
elect, and each party hereto hereby submits to the non-exclusive jurisdiction of such New York courts for the purpose of any such suit, action or proceeding. 

 

	 	6.11	Notices 

  

	 	    	Any notice to be served pursuant to this Contract shall be in the English language and is to be sent by certified mail, recognized international carrier or facsimile
(with confirmation copy by any of the other means) to: 

  

	 	    	In the case of IAE: 

 IAE
International Aero Engines AG 
 IAE Building 
 400 Main Street, M/S 121-10, 
 East Hartford, Connecticut 06108, United States of
America 
 Facsimile No. 860-565-5220 

  

					
		  	Clause 6 – Miscellaneous	  	Page 25 of 111

 IAE PROPRIETARY INFORMATION 

 

 Attention: Chief Legal Officer and Company Secretary 

 

	 	    	In the case of Vuela: 

 Vuela

 Av. Prolongacion Reforma # 490, 
 Primer Piso, 
 Colonia Lomas Santa Fe, 

Delegacion Alvaro Obregon 
 Mexico, 
 Distrito Federal 

C.P 01210 

Facsimile No. 52 55 5261 6460 
 Attention: Chief Financial Officer 
  

	 	    	or in each case to such other place of business as may be notified from time to time by the receiving party. 

 

	 	6.12	Exclusion of Other Provisions and Previous Understandings 

  

	 	6.12.1	This Contract contains the only provisions governing the sale and purchase of the Supplies and shall apply to the exclusion of any other provisions on or attached to or
otherwise forming part of any order form of Vuela, or any acknowledgment or acceptance by IAE, or of any other document which may be issued by either party relating to the sale and purchase of the Supplies. 

 

	 	6.12.2	The parties agree that neither of them have placed any reliance whatsoever on any representations, agreements, statements or understandings made prior to the signature
of this Contract, whether orally or in writing, relating to the Supplies, other than those expressly incorporated in this Contract, which has been negotiated on the basis that its provisions represent their entire agreement relating to the Supplies
and shall supersede all such representations, agreements, statements and understandings. 

  

	 	6.13	Conditions Precedent 

  

	 	    	During the term of this Contract, the obligations of IAE to provide, or cause to be provided Supplies or any other benefits to Vuela pursuant to the terms hereof, shall
be subject to the non-existence of any of the following events on the date when such Supplies or benefits become due, and should any such event then exist IAE shall be under no obligation to provide, or cause to be provided any Supplies or any other
benefits to Vuela: 

  

	 	6.13.1	A continuing event of default (taking into account any applicable grace period) by Vuela in (a) ***** or more due under this Contract (including any exhibits and
letter agreements thereto), after giving effect to any credits owing to Vuela hereunder, or (b) the payment of any scheduled amount of principal, interest, lease rental or other similar payment of ***** 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	Clause 6 – Miscellaneous	  	Page 26 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	    	***** or more under any financing agreement between IAE and Vuela for an Aircraft; or 

 

	 	6.13.2	Any event that is an IAE Termination Event (as defined below) or would be an IAE Termination Event, but for lapse of time, shall have occurred and be continuing.

  

	 	6.14	Termination Events 

  

	 	    	IAE shall have the option, at its sole discretion, to terminate this Contract upon the occurrence of any of the following events (“IAE Termination Events”):

  

	 	6.14.1	Vuela commences any case, proceeding or other action with respect to Vuela or its property in any jurisdiction relating to bankruptcy, insolvency, reorganization,
dissolution, liquidation, winding-up, or relief from, or with respect to, or readjustment of, debts or obligations; or 

  

	 	6.14.2	Vuela seeks the appointment of a receiver, trustee, custodian or other similar official for Vuela for all or substantially all of its assets, or Vuela makes a general
assignment for the benefit of its creditors; or 

  

	 	6.14.3	Vuela otherwise becomes the object of any case, proceeding or action of the type referred to in the preceding clauses 6.14.1 or 6.14.2 which remains unstayed,
undismissed or undischarged for a period of sixty (60) days; or 

  

	 	6.14.4	An action is commenced against Vuela seeking issuance of a warrant of attachment, execution, distraint or similar process against all or any substantial part of its
assets which remains unstayed, undismissed or undischarged for a period of sixty (60) days; 

  

	 	6.14.5	A continuing event of default (taking into account any applicable grace period) by Vuela on any payment of principal or interest on any indebtedness under any IAE
financing agreement with Vuela for the Aircraft, or in the payment of any guarantee obligation or similar obligation in connection therewith, provided that IAE (or its affiliate or assignee, as the case may be), shall have declared such agreement to
be in default (to the extent required thereunder), accelerated the maturity of Vuela’s indebtedness thereunder and commenced the exercise of remedies as a result thereof; or 

 

	 	6.14.6	Vuela shall be in material default (taking into account any grace period) of any of its other obligations under the Contract. 

 

	 	    	In the event of the occurrence of an IAE Termination Event, Vuela shall be deemed to be in material breach of this Contract, and IAE shall at its option have the right
by written notice, effective immediately, to terminate this Contract; provided that, no such notice need be delivered, and this Contract shall automatically terminate upon the occurrence of an IAE Termination Event specified in Clause 6.14.1,
6.14.2, or 6.14.3. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	 Clause 6 – Miscellaneous
	  	Page 27 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	    	Vuela shall have the option, at its sole discretion, to terminate this Contract upon the occurrence of any of the following events (“Vuela Termination
Events”): 

  

	 	6.14.7	IAE commences any case, proceeding or other action with respect to IAE or its property in any jurisdiction relating to bankruptcy, insolvency, reorganization,
dissolution, liquidation, winding-up, or relief from, or with respect to, or readjustment of, debts or obligations; or 

  

	 	6.14.8	IAE seeks the appointment of a receiver, trustee, custodian or other similar official for IAE for all or substantially all of its assets, or IAE makes a general
assignment for the benefit of its creditors; or 

  

	 	6.14.9	IAE otherwise becomes the object of any case, proceeding or action of the type referred to in the preceding clauses (i) or (ii) which remains unstayed,
undismissed or undischarged for a period of sixty (60) days; or 

  

	 	6.14.10	An action is commenced against IAE seeking issuance of a warrant of attachment, execution, distraint or similar process against all or any substantial part of its
assets which remains unstayed, undismissed or undischarged for a period of sixty (60) days; or 

  

	 	6.14.11	IAE shall be in material default (taking into account any grace period) on any of its obligations under this Contract or any IAE financing agreement.

  

	 	    	In the event of the occurrence of a Vuela Termination Event, IAE shall be deemed to be in material breach of this Contract, and Vuela shall at its option have the right
by written notice, effective immediately, to terminate this Contract; provided that, no such notice need be delivered, and this Contract shall automatically terminate upon the occurrence of a Vuela Termination Event specified in Clause 6.14.7,
6.14.8, or 6.14.9. 

  

	 	    	Except as may be otherwise agreed in this Contract, in no event shall either party be liable to the other party for special, incidental or consequential damages under
this Contract 

  

	 	6.15	Effect of Termination 

  

	 	    	Upon any expiration or termination of this Contract, the rights and obligations of the parties under this Contract will terminate. Notwithstanding anything herein to
the contrary, all liabilities and obligations that have accrued prior to termination or expiration (including any payment, warranty and service policy obligations) will survive, and upon any termination of this Contract by Vuela pursuant to
Clause 6.14.11 IAE shall promptly refund to Vuela any deposits made in respect of the purchase price of any items of the Supplies not yet delivered, together with interest from the date such deposits were received by IAE, calculated at the rate
of *****, until the date they are returned to Vuela. Notwithstanding the foregoing and for the avoidance of doubt, upon termination, IAE shall have no obligation to deliver goods not yet delivered. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  	 Clause 6 – Miscellaneous
	  	Page 28 of 111

 IAE PROPRIETARY INFORMATION 

 

	 	6.16	No Construction Against Drafter 

  

	 	    	This Contract has been the subject of negotiation between the parties. If an ambiguity or question of intent arises with respect to any provision of this Contract, this
Contract will be construed as if drafted jointly by IAE and Vuela and no presumption or burden of proof will arise favoring or disfavoring either party by virtue of authorship of any of the provisions of this Contract. 

IN WITNESS WHEREOF the parties hereto have caused this Contract to be signed on their behalf by the hands of their authorized officers the day and year
first before written: 
  

					
	 For
	 		 	For
	 IAE International Aero Engines AG
	 		 	Controladora Vuela Compañía de Aviación
		 		 	S.A. de C.V.
			
		 		 	
	 Name
	 		 	Name
			
		 		 	
	 Printed Name
	 		 	Printed Name
			
		 		 	
	 Title
	 		 	Title

  

					
		  	Clause 6 – Miscellaneous	  	Page 29 of 111

 Exhibit A 

Contract Specifications 
 Exhibit A-1 
 V2524-A5 Turbofan Engine Model Specification

  

			
	FAA Commercial Type Certificate E40NE	  	Model V2524 – A5
		  	Spec. No. IAE S24A5/2

 SEA LEVEL STATIC RATINGS 
 (See General Notes) 
  

					
	 	  	Net
Thrust
lb	 
	 Take-off Rating (5 min)
	  	 	24,480	  
	 Equivalent take-off thrust at 0.2 Mn
	  	 	24,760	  
	 Maximum Continuous Rating
	  	 	19,200	  

 DESCRIPTION 
 Type - Dual rotor, axial flow, high bypass turbofan, single-stage fan, four-stage low compressor, ten-stage high pressure compressor, annular combustor, two-stage high pressure turbine, five-stage low
pressure turbine. 
 Installation Drawing No. 4W6199. The Engine Installation Drawing shows the Engine envelope and provides dimensions and
data for the engine installation interfaces. 
 FUEL AND OIL 

 

			
	 Fuel - Specification:
	  	MIL-T-5624, MIL-T-83133 or ASTM-D-1655
	 Oil - Specification:
	  	MIL-L-23699 Type II
	 Oil Consumption:
	  	Maximum (as measured over a 10-hour period) 0.15 U.S. gal/hr

 STANDARD EQUIPMENT 
 (Included in Engine Price) 
 FUEL SYSTEM AND CONTROL SYSTEM COMPRISING: 

LP/HP Fuel Pump, Fuel Filter Element, Fuel Temperature Sensor, Fuel Diverter/Back to Tank Valve, Fuel Distribution Valve, P2T2 Probe, Relay Box,
Electronic Engine Control, Dedicated Generator, P4.9 Sensors and Manifold, Woodward Governor Company Fuel Metering Unit, Fuel Supply Pipe. 
 IGNITION SYSTEM COMPRISING: 
 Ignition Exciter, Igniter Plug, Ignition Lead (2 each). 

AIR SYSTEM COMPRISING: 

No. 4 Bearing Compartment Heat Exchanger, HP/LP Active Clearance Control Valve, Active Clearance Control Valve Actuator, LP Compressor Bleed Valve
Master Actuator, LP Compressor Bleed Valve Slave Actuator, Variable Stator Vane Actuator, HP Compressor Bleed Valves, HP Compressor Bleed Valve Solenoids. 

  
 Page 30 of 111

 ENGINE INDICATING SYSTEM COMPRISING: 

Exhaust Gas Temperature (EGT) Thermocouples, EGT Harness and Junction Box. 
 OIL SYSTEM COMPRISING: 
 Oil Tank, Air Cooled Oil Cooler, Fuel Cooled Oil Cooler, Pressure Oil
Filter Element, Air Cooled Oil Cooler Modulating Valve, Scavenge Oil Filter Housing Assembly and Element, No. 4 Bearing Compartment Scavenge Valve, No. 4 Bearing Scavenge Pressure Transducer, IDG Fuel Cooled Oil Cooler. 

MISCELLANEOUS: 
 Electrical EEC
Harnesses - Fan and Core, Nose Spinner, PART - Drains, If Intertwined With Engine parts, Airframe Accessory Mounting Pads and Drives, PART - Brackets on Working Flanges for attachment of Aircraft Equipment and EBU, PART - IDG Piping, where
Intertwined with Engine Parts. 
 ADDITIONAL EQUIPMENT 
 Available at Increased Price 
 Engine Storage Bag 

Engine Transportation Stand 
 Enhanced Engine
Condition Monitoring Instrumentation 
 Items of ADDITIONAL EQUIPMENT should be ordered at the time of engine procurement in order to assure
availability of this equipment at the time of engine shipment. 
 GENERAL NOTES 

The specified Sea Level Static Ratings are ideal and are based on U.S. Standard Atmosphere 1962 conditions, the specified fuel and oil, an ideal inlet
pressure recovery, no fan or compressor air bleed or load on accessory drives, a mixed exhaust system having no internal pressure losses and with a mixed primary nozzle velocity coefficient equal to 1.0. 

Take-off rating is the maximum thrust certified for take-off operation. Take-off thrust is available at and below ISA + 40oC (72oF) ambient
temperatures. 
 Maximum Continuous Rating is the maximum thrust certified for continuous operation. The specified thrust is available at and
below ISA + 10oC (18oF) ambient temperature. 
 Maximum Climb Rating is the maximum thrust approved for normal climb operation. 

Maximum Cruise Rating is the maximum thrust approved for normal cruise operation. 
 Unless otherwise specified, engines will be supplied with the STANDARD EQUIPMENT listed. 

  
 Page 31 of 111

 Exhibit A-2 

V2527M-A5 Turbofan Engine Model Specification 

 

			
	FAA Commercial Type Certificate E40NE	  	Model V2527M - A5
		  	Spec. No. IAE 27MA5/2

 SEA LEVEL STATIC RATINGS 
 (See General Notes) 
  

					
	 	  	Net
Thrust
lb	 
	 Take-off Rating (5 min)
	  	 	24,800	  
	 Equivalent take-off thrust at 0.2 Mn
	  	 	26,570	  
	 Maximum Continuous Rating
	  	 	22,240	  

 DESCRIPTION 
 Type - Dual rotor, axial flow, high bypass turbofan, single-stage fan, four-stage low compressor, ten-stage high pressure compressor, annular combustor, two-stage high pressure turbine, five-stage low
pressure turbine. 
 Installation Drawing No. 4W6199. The Engine Installation Drawing shows the Engine envelope and provides dimensions and
data for the engine installation interfaces. 
 FUEL AND OIL 

 

			
	 Fuel - Specification:
	  	MIL-T-5624, MIL-T-83133 or ASTM-D-1655
	 Oil - Specification:
	  	MIL-L-23699 Type II
	 Oil Consumption:
	  	Maximum (as measured over a 10-hour period) 0.15 U.S. gal/hr

 STANDARD EQUIPMENT 
 (Included in Engine Price) 
 FUEL SYSTEM AND CONTROL SYSTEM COMPRISING: 

LP/HP Fuel Pump, Fuel Filter Element, Fuel Temperature Sensor, Fuel Diverter/Back to Tank Valve, Fuel Distribution Valve, P2T2 Probe, Relay Box,
Electronic Engine Control, Dedicated Generator, P4.9 Sensors and Manifold, Woodward Governor Company Fuel Metering Unit, Fuel Supply Pipe. 
 IGNITION SYSTEM COMPRISING: 
 Ignition Exciter, Igniter Plug, Ignition Lead (2 each). 

AIR SYSTEM COMPRISING: 

No. 4 Bearing Compartment Heat Exchanger, HP/LP Active Clearance Control Valve, Active Clearance Control Valve Actuator, LP Compressor Bleed Valve
Master Actuator, LP Compressor Bleed Valve Slave Actuator, Variable Stator Vane Actuator, HP Compressor Bleed Valves, HP Compressor Bleed Valve Solenoids. 

  
 Page 32 of 111

 ENGINE INDICATING SYSTEM COMPRISING: 

Exhaust Gas Temperature (EGT) Thermocouples, EGT Harness and Junction Box. 
 OIL SYSTEM COMPRISING: 
 Oil Tank, Air Cooled Oil Cooler, Fuel Cooled Oil Cooler, Pressure Oil
Filter Element, Air Cooled Oil Cooler Modulating Valve, Scavenge Oil Filter Housing Assembly and Element, No. 4 Bearing Compartment Scavenge Valve, No. 4 Bearing Scavenge Pressure Transducer, IDG Fuel Cooled Oil Cooler. 

MISCELLANEOUS: 
 Electrical EEC
Harnesses - Fan and Core, Nose Spinner, PART - Drains, If Intertwined With Engine parts, Airframe Accessory Mounting Pads and Drives, PART - Brackets on Working Flanges for attachment of Aircraft Equipment and EBU, PART - IDG Piping, where
Intertwined with Engine Parts. 
 ADDITIONAL EQUIPMENT 
 Available at Increased Price 
 Engine Storage Bag 

Engine Transportation Stand 
 Enhanced Engine
Condition Monitoring Instrumentation 
 Items of ADDITIONAL EQUIPMENT should be ordered at the time of engine procurement in order to assure
availability of this equipment at the time of engine shipment. 
 GENERAL NOTES 

The specified Sea Level Static Ratings are ideal and are based on U.S. Standard Atmosphere 1962 conditions, the specified fuel and oil, an ideal inlet
pressure recovery, no fan or compressor air bleed or load on accessory drives, a mixed exhaust system having no internal pressure losses and with a mixed primary nozzle velocity coefficient equal to 1.0. 

Take-off rating is the maximum thrust certified for take-off operation. Take-off thrust is available at and below ISA + 31oC (56oF) ambient
temperatures. 
 Maximum Continuous Rating is the maximum thrust certified for continuous operation. The specified thrust is available at and
below ISA + 10oC (18oF) ambient temperature. 
 Maximum Climb Rating is the maximum thrust approved for normal climb operation. 

Maximum Cruise Rating is the maximum thrust approved for normal cruise operation. 
 Unless otherwise specified, engines will be supplied with the STANDARD EQUIPMENT listed. 

  
 Page 33 of 111

 Exhibit B 

Schedules 
 Exhibit B-1 
 Aircraft Delivery Schedule 

***** 
  

	*	pending change to April 2008 subject to Airbus confirmation. 

  

	**	pending change to November 2008 subject to Airbus confirmation. 

 With respect to options to purchase up to twenty (20) Option Aircraft and up to twenty (20) Rolling Option Aircraft, no dates are specified for delivery of these Option Aircraft or Rolling
Option Aircraft. Delivery dates for these Aircraft will be determined at the time options are exercised by Vuela. 
 The above delivery schedule
is subject to modification in accordance with Section 6 of Side Letter No. 1 to this Contract. The parties agree that should the actual delivery dates differ from those set forth in the above delivery schedule due to delays caused by
parties other than Vuela, the parties shall amend the delivery schedule as appropriate. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

Page 34 of 111 

 Exhibit B-2 

Purchased Items, Price, Escalation Formula, and Delivery 
 Purchased Items 
 ***** 

Base Prices (January 2004 US$) 
  

					
	 A319 Models
	  	Base Price	 
	 V2527M-A5
	  	 	US*****	  
	 V2524-A5
	  	 	US*****	  
	 V2522-A5
	  	 	US*****	  
		
	 A320 Models
	  	Base Price	 
	 V2527E-A5
	  	 	US*****	  
	 V2527-A5
	  	 	US*****	  
		
	 A321 Models
	  	Base Price	 
	 V2533-A5
	  	 	US*****	  

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

Page 35 of 111 

 Escalation Formula 
 ***** 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

Page 36 of 111 

 Exhbit C 

Product Support Plan 
 PRODUCT SUPPORT 
 FOR THE 

V2500 ENGINE 
 IAE INTERNATIONAL AERO ENGINES AG 
 Issue No. 7 

  
 Page 37 of 111

 TABLE OF CONTENTS 

 

							
	 1.0 INTRODUCTION
	  	 	39	  
		
	 2.0 CUSTOMER SUPPORT
	  	 	39	  
			
	 2.1
	  	CUSTOMER SUPPORT MANAGER	  	 	39	  
	 2.2
	  	CUSTOMER SUPPORT REPRESENTATIVES	  	 	40	  
	 2.3
	  	CUSTOMER TRAINING:	  	 	41	  
	 2.4
	  	ENGINE MAINTENANCE MANAGEMENT	  	 	42	  
	 2.5
	  	SPECIAL PROGRAMS	  	 	43	  
		
	 3.0 BUSINESS SUPPORT
	  	 	43	  
			
	 3.1
	  	ENGINE WARRANTY SERVICES	  	 	44	  
	 3.2
	  	MAINTENANCE CENTER SUPPORT	  	 	44	  
	 3.3
	  	MAINTENANCE FACILITIES PLANNING SERVICE	  	 	45	  
	 3.4
	  	ENGINE RELIABILITY AND ECONOMIC FORECASTS	  	 	45	  
	 3.5
	  	LOGISTICS SUPPORT STUDIES	  	 	45	  
	 3.6
	  	LEASE ENGINE PROGRAM	  	 	46	  
		
	 4.0 TECHNICAL SERVICES
	  	 	46	  
			
	 4.1
	  	TECHNICAL SERVICES	  	 	46	  
	 4.2
	  	POWERPLANT MAINTENANCE	  	 	48	  
	 4.3
	  	CUSTOMER PERFORMANCE	  	 	48	  
	 4.4
	  	DIAGNOSTIC SYSTEMS	  	 	49	  
	 4.5
	  	HUMAN FACTORS	  	 	50	  
	 4.6
	  	FLIGHT OPERATIONS	  	 	50	  
	 4.7
	  	REPAIR SERVICES	  	 	51	  
	 4.8
	  	TOOLING AND SUPPORT EQUIPMENT SERVICES	  	 	52	  
	 4.9
	  	TECHNICAL PUBLICATIONS	  	 	53	  
		
	 5.0 SPARE PARTS
	  	 	56	  
			
	 5.1
	  	SPARE PARTS SUPPORT	  	 	56	  

  
 Page 38 of 111

	1.0	INTRODUCTION 

 IAE International
Aero Engines AG (IAE) will make the following support personnel and services available to the V2500 engine customer: Flight Operations, Customer Performance, Customer Support Representatives, Customer Maintenance Support, Technical Services,
Powerplant Maintenance, Service Data Analysis, Human Factors, Repair Services, Warranty Administration, Maintenance Facilities Planning, Tooling and Support Equipment Services, Product Support Technical Publications, Customer Training, Spare Parts
Support and Maintenance Center Support. In general, these services are provided at no charge to V2500 customers, however, some specific customized services as noted in the descriptions below, may be purchased from IAE. 

To make these support services readily available to you, our customer, in the most efficient manner, the Customer Support Group has been
established and assigned primary responsibility within IAE for customer liaison. A Customer Support Manager is assigned to maintain direct liaison with each individual Customer. A description of the various product support services available to each
customer follows. 
 IAE reserves the right to withdraw or modify the services described herein at any time at its sole
discretion. No such withdrawal or modification shall diminish the level of services and support which the Customer may be entitled to receive with respect to V2500 engines for which an acceptable order has been placed with IAE or with respect to
aircraft with installed V2500 engines for which a firm and unconditional order has been placed with the aircraft manufacturer, prior to the announcement of any such withdrawal or modification. 

 

	2.0	CUSTOMER SUPPORT 

  

	 	2.1	CUSTOMER SUPPORT MANAGER 

 The
Customer Support Manager provides a direct liaison between the airline customer’s Engineering, Maintenance, Operations, Logistics, Commercial and Financial organizations and the corresponding functions within IAE. The Customer Support Manager
assigned to each airline is responsible for coordinating and monitoring the effort of the Product Support Department functional organization to achieve timely and responsive support for the airline. 

The Customer Support Manager provides the following specific services to the airline customer: 

 

	 	•	 	 Readiness Program and planning prior to EIS 

  

	 	•	 	 Technical recommendations and information. 

  

	 	•	 	 Engine Maintenance Management Plans 

  

	 	•	 	 Refurbishment, Modification and Conversion program planning assistance. 

 

	 	•	 	 Coordination of customer repair, maintenance and logistics requirements with the appropriate Product Support functional groups.

  

	 	•	 	 Assist with critical engine warranty/service policy claims. 

 The Customer Support Manager will represent the airline customer in IAE internal discussions to ensure that the best interests of the customer and IAE are considered when making recommendations to
initiate a program, implement a change or improvement in the V2500 engine. 

  
 Page 39 of 111

	 	2.2	CUSTOMER SUPPORT REPRESENTATIVES 

IAE Customer Support Representatives provide the following services to the airline customer: 

 

	 	•	 	 24 Hour Support 

  

	 	•	 	 Maintenance Action Recommendations 

  

	 	•	 	 Daily Reporting on Engine Technical Situations 

  

	 	•	 	 On-The-Job Training 

  

	 	•	 	 Service Policy Preparation Assistance 

  

	 	•	 	 Prompt Communication with IAE 

  

	 	2.2.1	Engine Maintenance Support Service: 

 Customer Support Representatives assist airline customer personnel in the necessary preparation for engine operation and maintenance. The Representative, teamed with a Customer Support Manager will work
closely with the airplane manufacturer’s support team particularly during the initial period of aircraft operation. Representatives are in frequent contact with the IAE offices on technical matters. Information and guidance received from the
home office is transmitted promptly to the airline which allows the airline to share in all related industry experience. 
 The
practice permits immediate use of the most effective procedures and avoidance of unsuccessful techniques. The IAE office contact ensures that IAE Representatives know, in detail, the latest and most effective engine maintenance procedures and
equipment being used for maintenance and overhaul of V2500 engines. They offer technical information and recommendations to airline personnel on all aspects of maintenance, repair, assembly, balancing, testing, and spare parts support of IAE.

  

	 	2.2.2	On The Job Training: 

 Customer
Support Representatives will conduct on-the-job training for the airline’s maintenance personnel. This training continues until the maintenance personnel have achieved the necessary level of proficiency. Training of new maintenance personnel
will be conducted on a continuing basis. 
  

	 	2.2.3	Service Policy Administration: 

Customer Support Representatives will provide administrative and technical assistance in the application of the IAE Engine and Parts
Service Policy to ensure expeditious and accurate processing of airline customer claims. 

  
 Page 40 of 111

	 	2.3	CUSTOMER TRAINING: 

  

	 	2.3.1	IAE Customer Training offers airline customers the following support: 

  

	 	•	 	 Technical Training at Purpose Built Facilities 

  

	 	•	 	 On-site Technical Training 

  

	 	•	 	 Technical Training Consulting Service 

  

	 	•	 	 Training Aids and Materials 

  

	 	2.3.2	Training Program: 

  

	 	  	The IAE Customer Training Center has an experienced full-time training staff which conducts formal training programs in English for airline customers’ maintenance,
training and engineering personnel. The standard training programs are designed to prepare customer personnel, prior to the delivery of the first aircraft, to operate and maintain the installed engines. Standard courses in engine operation, line
maintenance, modular maintenance, performance and trouble-shooting are also available throughout the production life of the engine. The courses utilize the latest teaching technology, training aids and student handouts. IAE Customer Support will
coordinate the scheduling of specific courses as required. Training at the Customer Training Center is provided to a limit of fifty (50) man-days per aircraft. The following is the curriculum of standard courses available. On-site technical
training, technical training consulting services and customized courses may be provided upon customer request and subject to separate contractual arrangements. 

 

	 	2.3.3	General V2500 Familiarization: 

  

	 	  	This two day course is designed for experienced gas turbine personnel who will be responsible for planning, provisioning and maintenance of the V2500 engine. This
course is also designed to appropriately familiarize key staff, supervisory and operations planning personnel and flight crews. Discussions are concentrated in the following subject areas: 

 

	 	•	 	 Engine construction features internal and external hardware. 

 

	 	•	 	 Engine systems operation, major components accessibility for removal/replacement. 

 

	 	•	 	 Operational procedures 

  

	 	•	 	 Performance characteristics 

  

	 	•	 	 Maintenance concepts, repair and replacement requirements and special tooling. 

 

	 	  	The course is normally conducted in preparation for fleet introductory discussions in the provisioning of spares and tooling, training and line maintenance areas to
acquaint the customer with the engine, its systems, operations and procedures. 

  
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	 	2.3.4	Line Maintenance and Troubleshooting: 

  

	 	  	This course is designed for key line maintenance and troubleshooting personnel who have not received previous formal training on the V2500 engine. The classroom phases
provide the student with the information essential for timely completion of line maintenance activities and the procedures for effective troubleshooting and correction of malfunctions in the V2500 engine systems and the engine/airframe interfaces.
Classroom and shop training are provided for in the following areas: 

  

	 	•	 	 Engine Description 

  

	 	•	 	 Systems Operation 

  

	 	•	 	 Applied Performance 

  

	 	•	 	 Ground Operations 

  

	 	•	 	 Troubleshooting Procedures 

  

	 	•	 	 Practical Phase Line Maintenance Tasks 

  

	 	  	Additional courses are available in Borescope utilization and Engine Conditioning Monitoring (ECM) 

 

	 	2.3.5	V2500 Familiarization and Modular Maintenance: 

  

	 	  	Provides experienced heavy maintenance personnel with engine modular disassembly and assembly training. The training is concentrated in the following subject areas:

  

	 	•	 	 Engine Description Overview 

  

	 	•	 	 Engine Systems Overview 

  

	 	•	 	 Heavy Maintenance Tasks * 

  

	 	•	 	 Course duration and “hands-on” coverage are contingent on the availability of an engine and required tooling. 

 

	 	2.4	ENGINE MAINTENANCE MANAGEMENT 

  

	 	  	Planning documents, tailored for individual operators, are developed to serve as Engine Maintenance Management Program criteria and should reflect the FAA requirements
under which Vuela will operate. These are directed toward the objective of ensuring cost-effective operation with acceptable post-repair test performance, providing engine reliability to achieve maximum time between shop visits, and minimizing the
adverse effects to operation of inflight shutdowns and delays/cancellations. Through the institution of specific maintenance recommendations, proper engine performance, durability, and hot section parts lives can be achieved.

  

	 	2.4.1	Operations Monitoring: 

  

	 	  	 The following information is available to the airline customer from the IAE Product Information Process (IP) 2 Group: 

  
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	 	2.4.2	Operation Experience Reports: 

  

	 	  	IAE maintains a V2500 data base from which selected engine operations and reliability summary reports will be developed and made available on a scheduled basis to each
airline customer. Data reported by IAE Customer Support Representatives serve as input to this data base. This computerized data maintenance and retrieval system will permit: 

 

	 	•	 	 A pooling and exchange of service experience for the benefit of the entire airline industry. 

 

	 	•	 	 A common statistical base. 

  

	 	•	 	 The selective querying of computer data files for answers to customer inquiries. 

 

	 	  	In addition to providing operations, reliability and VIS reports, SDS serves in-house programs directed at improving engine design and enhancing overall customer
support, including spare parts provisioning and warranty administration. 

  

	 	2.5	SPECIAL PROGRAMS 

  

	 	2.5.1	Engine Hardware Retrofit: 

  

	 	  	Engine Retrofits are carried out to provide modification of engine hardware configuration when required on delivered engines. This involves assisting in the marshaling
of hardware, special tools, manpower and the scheduling of engine and material to modification sites. 

  

	 	2.5.2	Controlled Service Use Programs and Material: 

  

	 	  	IAE shall assume responsibility for the planning, sourcing, scheduling and delivery of Controlled Service Use material, warranty replacement material, service campaign
material and program support material subject to the terms of special contracts with customers. 

  

	 	  	Urgent customer shipments, both inbound and outbound, are monitored, traced, routed and expedited as required. The receipt and movement of customer owned material
returned to IAE is carefully controlled, thus assuring an accurate accounting at all times. 

  

	3.0	BUSINESS SUPPORT 

  

	  	The Business Support Group is dedicated to providing prompt and accurate assistance to you, our V2500 airline customer. This Group provides the following categories of
assistance and support to the V2500 airline customer: 

  
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	 	•	 	 Engine Warranty Services 

  

	 	•	 	 Maintenance Support 

  

	 	•	 	 Lease Engine Program 

  

	 	•	 	 Engine Reliability and Economic Forecasts 

  

	 	•	 	 Logistic Support Studies 

  

	 	3.1	ENGINE WARRANTY SERVICES 

  

	 	  	Engine Warranty Services will provide the following support for the V2500 engine airline customer: 

 

	 	•	 	 Prompt administration of claims concerning Engine Warranty, Service Policy, other support programs and Guarantee Plans. 

 

	 	•	 	 Investigation of part condition and part failure. 

  

	 	•	 	 Material provisioning administration for Controlled Service Use programs and other material support. 

 

	 	3.1.1	Prompt Administration: 

  

	 	  	Each airline customer is assigned a Warranty Analyst whose job is to provide individual attention and obtain prompt and effective settlements of Warranty and Service
Policy claims. A typical claim properly submitted is generally settled, including issuance of applicable credit memo, within thirty (30) days. Experience generated by much of the data derived from such claims often enables IAE to monitor
trends in operating experience and to address and often eliminate potential problems. 

  

	 	3.1.2	Investigation and Reports: 

  

	 	  	Parts returned to IAE pursuant to the terms of the Service Policy are investigated in appropriate detail to analyze and evaluate part condition and cause of part
failure. A report of findings is prepared and forwarded to the airline customer and to all IAE departments involved. In the case of vendor parts, the vendor is promptly informed. Where relevant, reports will include recommendations to preclude
repetition of the problem. 

  

	 	3.2	MAINTENANCE CENTER SUPPORT 

  

	 	  	IAE has arranged for the establishment of Maintenance Centers which are available to accomplish repairs, modifications and conversions, as well as the complete overhaul
of the V2500 engine subject to IAE’s standard terms and conditions for such work. 

  

	 	  	Through the use of the IAE established Maintenance Centers and their capabilities, an operator can minimize or eliminate the need for investment in engine support areas
depending on the level of maintenance he elects the Maintenance Center to perform. Savings in specific engine support areas, such as spare parts inventory, maintenance and test tooling, support equipment and test facilities, can be demonstrated. Use
of Maintenance Centers can also minimize the need for off-wing maintenance and test personnel with their associated overhead. 

  
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	 	3.3	MAINTENANCE FACILITIES PLANNING SERVICE 

  

	 	  	Maintenance Facilities Planning Service offers the following support to IAE customer: 

 

	 	•	 	 General Maintenance Facility Planning Publications 

  

	 	•	 	 Customized Facility Plans 

  

	 	•	 	 Maintenance Facility and Test Cell Planning Consultation Services 

 

	 	  	Maintenance Facilities Planning Service provides general and customized facility planning data and consultation services. Facility Planning Manuals for the V2500 engine
will present the maintenance tasks, facility equipment and typical department floor plans showing arrangement of equipment required to accomplish the tasks for all levels of maintenance. The Facility Equipment Manual is a catalog of standard
facility equipment such as lathes, process tanks, hoists, cranes, etc., which is suitable for use in the maintenance and testing of IAE engines. 

  

	 	  	Customized facility planning services and consulting services are offered subject to separate contractual arrangements. Customized facility plans are developed to meet
the requirements of customers’ specific fleet sizes, activities and growth plans. The plans identify floor space, facility equipment, utilities and manpower requirements. On-site surveys are conducted as a part of customized plan development to
determine the adaptability of existing facilities and equipment for the desired maintenance program. These plans provide floor plan layouts to show recommended locations for work stations, major equipment, marshaling and storage areas, workflow
patterns, and structural and utility requirements to accommodate all the engine models that are maintained in the customer’s shop. The Maintenance Facilities Planning Service also provides consultant services which are specifically related to
the development of engine test cells, and the adaptation of existing maintenance facilities to accommodate expanding production requirements and/or new or additional IAE models. 

 

	 	3.4	ENGINE RELIABILITY AND ECONOMIC FORECASTS 

  

	 	  	Engine reliability and economic forecasts in the forms of predicted shop visit rates and maintenance costs can be provided to reflect the airline customers’
operating characteristics. Additionally, various analyses can be conducted to establish life probability profiles of critical engine parts, and to determine optimum part configuration and engine operating procedures. 

 

	 	3.5	LOGISTICS SUPPORT STUDIES 

  

	 	  	As required, logistics studies are conducted to assist in the planning of engine operational support. Such studies may include spare engine and spare module
requirements forecasts, level of maintenance analyses, engine type economic evaluations and life cycle cost estimates. 

  
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	 	3.6	LEASE ENGINE PROGRAM 

  

	 	  	An engine lease program will be made available to V2500 Airline Customers subject to IAE’s standard terms and conditions of lease. Pool spares will be stationed at
selected locations to assure emergency protection against aircraft-on-ground (AOG) situations or to provide supplemental support during “zero spares” conditions. Lease engines offered to Vuela will be of a configuration and certification
standard acceptable to Vuela. Availability will be subject to prior demand; however, the program logistics will be continually reviewed to assure the most effective deployment of available pool engines. 

 

	4.0	TECHNICAL SERVICES 

  

	 	4.1	TECHNICAL SERVICES 

  

	 	  	The Technical Services Group provides the following categories of technical support to the airline customer: 

 

	 	•	 	 Technical Services 

  

	 	•	 	 Powerplant Maintenance 

  

	 	•	 	 Customer Performance 

  

	 	•	 	 Diagnostic Systems 

  

	 	•	 	 Human Factors 

  

	 	•	 	 Flight Operations 

  

	 	•	 	 Repair Services 

  

	 	•	 	 Tooling and Support Equipment Services 

  

	 	•	 	 Technical Publications 

  

	 	  	Technical Services is responsible for the overall technical support to the customers. The following services are provided: 

 

	 	•	 	 Technical Problem Identification/Corrective Action Implementation 

 

	 	•	 	 Technical Communication 

  

	 	•	 	 Engine Conversion Program Definition and Management 

  

	 	•	 	 Engine Upgrade and Commonality Studies 

  

	 	•	 	 Engine Incident Investigation Assistance 

  

	 	  	Technical information supplied through IAE Customer Support Representatives, Customer Support Managers, customer correspondence and direct meetings with airlines’
representatives permits assessment of the factors involved in technical problems and their impact on engine reliability and operating costs. Resolution of these problems is coordinated with responsible groups within IAE and the necessary corrective
action is defined. In certain situations the corrective action involves the establishment of Service Evaluation programs for proposed modifications, and the establishment of warranty assistance programs in conjunction with the IAE Warranty
Administration Group. Technical Services will assist customers in the implementation of recommended corrective action and improvements principally through official IAE technical communications, and direct customer contact. 

  
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	 	4.1.1	Technical Communications: 

  

	 	  	Technical Services is responsible for the release of technical communications. Primary communication modes involves release of limits and procedures through engine and
maintenance manual revisions and the requirements associated with engine upgrade and/or conversion, durability and performance improvements, and problem resolution through Service Bulletins is provided by All Operator Letters and/or wires or direct
technical written response to individual customer inquiries. 

  

	 	4.1.2	Engine Conversion Programs: 

  

	 	  	Technical Services defines minimum configuration levels for conversion of service engine models. They serve to assist the customer with the implementation of conversion
programs into existing fleets by providing preliminary planning cost estimates and technical planning information regarding tooling, material and instructional requirements. Conversion programs are monitored for problem areas and Technical Services
initiates and implements corrective action as may be necessary. 

  

	 	4.1.3	Engine Incident Investigation Assistance: 

  

	 	  	Assistance is provided to an airline in conducting engine incident investigations in responding to the requirements of the appropriate Airworthiness authority.

  

	 	4.1.4	Line Maintenance and Troubleshooting: 

  

	 	  	Line Maintenance and Troubleshooting Seminars can be conducted at the IAE Training Center with the objective of improving line maintenance effectiveness fleetwide.
Specialized training on V2500 line maintenance and troubleshooting can be provided through on-site workshops by special contractual arrangement. 

  

	 	  	Troubleshooting support is provided primarily through powerplant troubleshooting procedures which are published in IAE and airframe manufacturer’s manuals. When an
airline encounters an engine problem and corrective action taken has not been effective, more direct support in troubleshooting and maintenance can also be provided to the customer’s line maintenance personnel. Instructions on V2500 powerplant
troubleshooting and maintenance can also be provided to customer’s line maintenance personnel. 

  

	 	4.1.5	Airline Shop Maintenance: 

  

	 	  	Reviews of shop practices and procedures of individual airlines can be conducted to determine the most efficient and cost-effective methods for maintenance and repair
of the V2500 in the environment in which the airline must maintain that engine. 

  
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	 	4.2	POWERPLANT MAINTENANCE 

  

	 	  	Powerplant Maintenance covers responsibility for maximizing engine maintainability, establishing maintenance concepts and requirements and providing maintenance support
plant for IAE. This group provided the following services: 

  

	 	•	 	 Definition of Maintenance Tasks and Resource Requirements 

 

	 	•	 	 Planning Guides 

  

	 	  	Powerplant Maintenance conducts design reviews and comprehensive maintenance analysis of new engine designs and engine design changes to maximize engine maintainability
consistent with performance, reliability, durability and life cycle cost considerations. Maintenance concepts, requirements and tasks are established to minimize maintenance costs. This group represents the customer’s maintainability interests
in internal IAE operations and upon request will assist the customer in resolving specific maintenance task problems. 

  

	 	4.2.1	Progressive Maintenance Planning: 

  

	 	  	Powerplant Maintenance also provides Planning Guides based upon Maintenance Task Analysis. The guides present engine maintenance requirements, their subordinate tasks
and the required resources to accomplish on-aircraft engine maintenance and the off-aircraft repair of engines by modular section/build group replacement. Maintenance requirements are also presented for the refurbishment of modular section/build
group by parts replacement, the complete repair of parts, the refurbishment of accessory components and for engine testing. The data in the Planning Guides is presented in a manner that is primarily intended to assist new operators by providing a
phased introduction of new engines into their shops and to capitalize on the design maintainability features for the engine when they are developing their maintenance plans. 

 

	 	  	Powerplant Maintenance Engineering will assist new operators in planning a gradual, technically feasible, and economically acceptable expansion from line maintenance of
installed engines through the complete repair of parts and accessory components. 

  

	 	4.3	CUSTOMER PERFORMANCE 

  

	 	  	Customer Performance provides for the following types of technical assistance to the airline customer: 

 

	 	•	 	 Engine Performance Analysis Computer Programs for Test Cell Use 

 

	 	•	 	 Test Cell Correlation Analysis and Correction Factors 

 

	 	•	 	 Engine Stability Procedures and Problem Analysis 

  

	 	  	Although much of the above support is provided in the form of procedures, data and recommendations in various publications, the group also answers inquiries of a
performance nature which are forwarded to IAE by individual customers. 

  
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	 	  	ENGINE PERFORMANCE ANALYSIS 

  

	 	  	Technical support is provided in a number of areas related to operational suitability including the development of the test requirements and performance limits for the
Adjustment and Test Section of the Engine Manual. Computer programs that will assist the operator in analyzing engine performance using test cell data can be provided subject to IAE then current standard license fees and Terms and Conditions.

  

	 	4.3.1	Test Cell Correlation: 

  

	 	  	Technical assistance is provided to the customer for developing appropriate corrections to be used for specific test configurations at customer owned test cell
facilities. Reports are provided presenting correlation analyses and IAE recommended test cell corrections which permit comparison of the performance of customer tested engines with the respective Engine Manual limits and guarantee plan
requirements. 

  

	 	4.3.2	Engine Stability: 

  

	 	  	Technical support is provided to ensure that engine stability and starting reliability are maintained. Service evaluation programs for proposed improvements are
initiated and monitored to determine their effectiveness. In addition, problems relating to engine control systems which impact engine stability and performance are analyzed. 

 

	 	4.4	DIAGNOSTIC SYSTEMS 

  

	 	  	Diagnostic Systems is responsible for the technical support of customer acquisition of inflight engine data and the assessment of engine performance through the use of
that data. Diagnostic Systems personnel provide the following services: 

  

	 	•	 	 Guidance to help customers define their engine monitoring system requirements. 

 

	 	•	 	 Development of hardware specifications and computer programs (by separate contractual arrangement) to satisfy engine diagnostic requirements.

  

	 	•	 	 Coordination of all IAE airborne diagnostic support activity. 

 

	 	4.4.1	Guidance In Defining Engine Monitoring systems Requirements: 

  

	 	  	Diagnostic Systems can provide consultation services to assist the customer in defining his engine condition and performance monitoring requirements and in selection of
appropriate hardware and software systems to meet those requirements and options between the customer, airframe manufacturer, and Airborne Integrated Data System (AIDS) manufacturer. 

  
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	 	4.4.2	Development and Coordination 

  

	 	  	Diagnostic Systems personnel can develop hardware specification and make computer software available to accomplish Engine Condition Monitoring (ECM) and performance
analysis of engine modules using AIDS data. Engine condition monitoring procedures, of both the manual and computerized variety can also be developed and provided in support of the customer’s selected method of engine condition monitoring.
Computer software will be provided to the customer subject to IAE’s then current standard license fees and Terms and Conditions. 

  

	 	  	Diagnostic Systems personnel also coordinate activities of cognizant functional groups at IAE to provide engine related information to the customer, airframe
manufacturer, and AIDS equipment vendor during the planning, installation, and operation of AIDS. 

  

	 	4.5	HUMAN FACTORS 

  

	 	  	Human Factors supplies data on task time and skill requirements necessary for accomplishing maintenance procedures. 

 

	 	  	Task data provided includes estimates of the man-hours, elapsed time and job skills necessary to accomplish maintenance tasks as described in IAE’s Manual and
Service Bulletins. Data is supplied for “on” and “off” aircraft maintenance tasks up to modular disassembly/assembly. Additional selected task data can be supplied on disassembly/assembly to the piece part level and on parts
repair. In addition, the group can help solve problems related to skill requirements, body dimensions, or excessive man-hours encountered in accomplishing maintenance tasks. 

 

	 	4.6	FLIGHT OPERATIONS 

  

	 	  	Flight Operations provides the airline customer with the following technical assistance concerning installed engine operations: 

 

	 	•	 	 Introduction of new equipment 

  

	 	•	 	 Problem resolution and assistance with in-service equipment 

 

	 	•	 	 Contractual commitment and development program support 

 

	 	•	 	 Publication of engine operations literature and performance aids 

 

	 	4.6.1	New Equipment: 

  

	 	  	In accordance with customer needs, Flight Operations can provide on-site assistance in the training of operations personnel and help in solving engine operational
problems that might arise during the initial commercial service period. Such assistance can include participation in initial delivery flights, engine operational reviews, and flight crew training activity. 

  
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	 	4.6.2	Problem Resolution - In-Service Equipment: 

  

	 	  	In accordance with a mutually agreed upon plan, Flight Operations can perform cockpit observations to identify or resolve engine operating problems and to assess
installed engine performance. 

  

	 	4.6.3	Contractual Support and Development Programs: 

  

	 	  	As required, Flight Operations can assist in evaluating installed engine performance relative to contractual commitments and engine improvements which have an impact on
engine operations. 

  

	 	4.6.4	Publication Support: 

  

	 	  	Flight Operations is responsible for the issuance of Propulsion System Operating Instructions and correspondence pertaining to inflight engine operations. Such material
is coordinated with the airframe manufacturers as required. Special Presentations and Reports are also issued, as required, to support the activity described above. 

 

	 	4.7	REPAIR SERVICES 

  

	 	  	Repair Services provides the following support to the airline customers: 

  

	 	•	 	 Coordinated Repair Development Activity 

  

	 	•	 	 Customer Assistance on Repair Procedures and Techniques 

 

	 	•	 	 Qualification of Repair Sources 

  

	 	•	 	 Repair Workshops 

  

	 	•	 	 Repair Development List 

  

	 	4.7.1	Coordination of Repair Development: 

  

	 	  	Repair Services provide direct contact with all sources that initiate repair schemes. The Group coordinates with representatives of Engineering and Support Services
disciplines in identifying repair needs, evaluating various repair options and establishing repair development procedures and schedules. The Group participates in setting repair evaluation and approval requirements. When the repair is approved and
substantiating data is documented, Repair Services releases the repair to the Engine Manual. 

  

	 	4.7.2	Technical Assistance: 

  

	 	  	Repair Services provides daily communications with airline customers via technical responses to inquiries direct from the airline or through our Customer Support
Representative office at the airline facility. In addition, Repair Services make periodic visits to airline repair facilities to discuss new repairs under development, answer specific questions posed by the particular facility and review actual
parts awaiting a repair/scrap decision. Occasionally, Repair Services make special visits to customer facilities to assist in training customer personnel in accomplishing particularly complex repairs. 

  
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	 	4.7.3	Qualification of Repair Sources: 

  

	 	  	Repair Services coordinates the qualification of repair sources for repairs proprietary to IAE or to an outside repair agency. They also perform a review of the
qualifications of repair sources for critical, nonproprietary repairs for which a source demonstration is deemed necessary. The group participates in negotiation of the legal and business agreements associated with these qualification programs.

  

	 	4.8	TOOLING AND SUPPORT EQUIPMENT SERVICES 

  

	 	  	The Tooling and Support Equipment Services Group assists the customer by providing the following services: 

 

	 	•	 	 Support Equipment Manufacturing/Procurement Documentation 

 

	 	•	 	 Engine Accessory Test Equipment and Engine Transportation Equipment Specifications 

 

	 	•	 	 Support Equipment Logistics Planning Assistance 

  

	 	4.8.1	Support Equipment Documentation: 

  

	 	  	The tooling and Support Equipment Services Group designs the special support equipment required to disassemble, assemble, inspect, repair and test IAE engines. Special
support equipment design drawings and Support Equipment Master Data Sheets, which describe how to use the support equipment, are supplied to customers in the form of 35mm aperture cards. Support equipment designs are kept current with engine growth,
and tool Bulletins are issued to customers as part of continuing configuration management service. Updated Design and Master Data Sheets Aperture Cards and Tool Bulletins are periodically distributed to all IAE customers. 

 

	 	4.8.2	Engine Accessory Test Equipment and Engine Transportation Equipment Requirements: 

 

	 	  	Engine accessory test equipment and engine transportation equipment general requirements and specifications are defined and made available to IAE customers. If
requested, the Tooling and Support Equipment Group will assist customers in the definition of engine accessory test and engine transportation equipment required for specific IAE needs. 

 

	 	4.8.3	Support Equipment Logistics Planning Assistance: 

  

	 	  	The Tooling and Support Equipment Group will provide, at the customer’s request, special support equipment lists which reflect the customer’s unique
requirements such as mix of engine models and desired level of maintenance to aid in support equipment requirements planning. 

  
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	 	4.9	TECHNICAL PUBLICATIONS 

  

	 	  	IAE and its subcontractors produce publications and maintenance information as described below to support the maintenance and modification requirements of the airline
customer. The publications are prepared in general accordance with Air Transport Association of America (ATA) Specification No. 100. The necessary quantities of manuals and media options will be available subject to IAE’s current terms and
conditions. 

  

	 	4.9.1	On-Wing Maintenance Data: 

  

	 	  	IAE supplies the airplane manufacturer with all the necessary information required to perform “On-Aircraft” engine maintenance, troubleshooting, and
servicing. This information is developed through close coordination between the airplane manufacturer and IAE and is integrated by the airplane manufacturer into his maintenance publications. 

 

	 	4.9.2	Technical Publications: 

  

	 	  	Listed and described below are the publications that will be made available to support the airline customer’s maintenance program: 

 

	 	4.9.3	Engine Manual 

  

	 	  	The Engine Manual is a document which will be structured in accordance with ATA 100 section 2-13-0 with JEMTOSS applied in accordance with section 2-13-14.
Potential customer applications will be applied. The manual will provide in one place the technical data requirements for information needed to maintain the engine and the maximum potential number of parts that could, regardless of design
responsibility, remain with the engine when it is removed from the airplane. Additionally the manual includes coverage of interrelated parts (e.g. thrust reverser, cowlings, mounts, etc.) that can stay with the airplane when the engine is
removed or can be removed for maintenance purpose in lieu of individual component maintenance manuals. 

  

	 	4.9.4	Standard Practices Manual 

  

	 	  	The Standard Practices Manual supplements the Engine Manual by providing, in a single document, all IAE recommended or approved general procedures covering general
torques, riveting, lockwiring, cleaning policy, inspection policy standard repairs, etc., and marking of parts. 

  

	 	4.9.5	Illustrated Parts Catalog 

  

	 	  	The Illustrated Parts Catalog will be structured in accordance with ATA 2-14-0 and is a document which is used in conjunction with the Engine Manual for the
identification and requisitioning of parts and assemblies. Its ATA structure is to be compatible with the Engine Manual Structure. Additionally the manual includes coverage of interrelated parts (e.g. 

  
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	 	  	thrust reverser, cowlings, mounts, etc.) that can stay with the airplane when the engine is removed or can be removed for maintenance purpose in lieu of individual
component maintenance manuals. 

  

	 	4.9.6	IAE Proprietary Component Maintenance Manuals 

  

	 	  	These manuals will be structured in accordance with ATA 2-5-0 and will cover data for chapters other than 71, 72, and 78. 

 

	 	4.9.7	Subcontractor Component Maintenance Manuals 

  

	 	  	These manuals will be structured in accordance with ATA 2-5-0 and are prepared directly by the accessory manufacturers. All accessory data is subject to IAE
prepublication review and approval. 

  

	 	4.9.8	Engine and Accessory Component service Bulletins 

  

	 	  	Each Engine and Accessory Component Service Bulletin will be produced in accordance with ATA 2-7-0. They will cover planning information, engine or component
effectivity, reason for Bulletin, recommended compliance, manpower requirements, and tooling information relating to parts repair or modification. Subcontractor prepared Accessory Component Service Bulletins are reviewed by IAE prior to issuance.
Alert Service Bulletins will be issued on all matters requiring the urgent attention of the airline customer and will generally be limited to items affecting safety. The Bulletin will contain all the necessary information to accomplish the required
action. 

  

	 	4.9.9	Operating Instructions 

  

	 	  	Engine operating instructions are presented in the form of General Operating Instructions supplemented by V2500 Specific Engine Operating Instructions which provide
operating information, procedures, operating curves and engine limits. 

  

	 	4.9.10	Facilities Planning and Facility Equipment Manuals 

  

	 	  	The Facilities Planning Manual outlines the requirements for engine/component overhaul, maintenance, and test facilities in terms of basic operations, processes, time
studies and equipment. The Facility Equipment Manual lists and describes the facility equipment used for engine maintenance, overhaul and repair. 

  

	 	4.9.11	Support Equipment Numerical Index 

  

	 	  	The Indexes, prepared for each major engine model, provide a listing, in numeric sequence, by maintenance level, of all IAE ground support equipment required to
maintain and overhaul the engine. The Listings are cross-indexed to the applicable engine dash model and to the chapter and section of the Engine Manual. 

  
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	 	4.9.12	Publications Index 

  

	 	  	This index contains a listing of available technical manuals covering components of the V2500 Nacelle. 

 

	 	4.9.13	Service Bulletin Index 

  

	 	  	This index will be in a format and on a revision schedule as determined by IAE. 

 

	 	4.9.14	Computer Software Manual 

  

	 	  	Data, will be supplied in accordance with ATA 102 revision 2 except where such data are prohibited due to proprietary or Government restrictions.

  

	 	4.9.15	Vital Statistics Logbook 

  

	 	  	The VSL provides the following information for each production engine, in an electronic readable format and/or as hard copy printout: 

 

	 	•	 	 Identification of major engine and nacelle components by part number, serial number and ATA - location. 

 

	 	•	 	 Engine Test Acceptance Certificate. 

  

	 	•	 	 List of all incorporated serialized parts by part number, serial number and ATA - Location. This list also includes an Industry Item List to identify
specific parts by part number, serial number and ATA - Location which the airline customer may choose to monitor during the engine operational life. The parts listed represent approximately ***** of engine total value. 

 

	 	•	 	 List of all incorporated life limited parts by part number, serial number and ATA - location. 

 

	 	•	 	 List of all Service Bulletins that were incorporated during initial build of each new engine. 

 

	 	•	 	 List of all Service Bulletins that were not incorporated. 

 

	 	•	 	 List of all saleable pick level engine parts, identifying those parts for which Service Bulletins and service instructions have been issued.

  

	 	4.9.16	Revision Services: 

  

	 	  	Regular, temporary, and “as required” revisions to technical publications will be made during the service life of IAE equipment. IAE’s current standard
is ninety (90) days. The utilization of advanced techniques and equipment provides the airline customer with expedited revision service. 

  

	 	4.9.17	Distribution Media Options: 

  

	 	  	The primary medium for available IAE technical publications is roll microfilm at 24:1 reduction, magnetic tape or CD-ROM. Media options such as microfilm at 36:1
reduction, microfiche, and two side or one-sided paper copy of reproducible quality will be available for procurement at established prices. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 55 of 111

	5.0	SPARE PARTS 

  

	 	5.1	SPARE PARTS SUPPORT 

  

	 	  	The Spare Parts Group provides the following categories of spare parts support to airline customers: 

 

	 	•	 	 Individual Customer Account Representatives 

  

	 	•	 	 Provisioning 

  

	 	•	 	 Planning 

  

	 	•	 	 Order Administration 

  

	 	•	 	 Spare Parts Inventory 

  

	 	•	 	 Effective Expedite Service 

  

	 	•	 	 Worldwide Distribution 

  

	 	5.1.1	Account Representative: 

  

	 	  	An Account Representative is assigned to each customer using IAE equipment. This representative provides individualized attention for effective spare parts order
administration, and is the customer’s interface on all matters pertaining to new part planning and procurement. Each representative is responsible for monitoring each assigned customer’s requirements and providing effective administrative
support. The Account Representatives are thoroughly familiar with each customer’s spare parts ordering policies and procedures and are responsible for ensuring that all customer new parts orders are processed in an effective manner.

  

	 	5.1.2	Spare Parts Provisioning Planning: 

  

	 	  	Prior to delivery of the first Vuela craft to an airline customer, preplanning discussions will be held to determine the aircraft/engine program, and engine spare parts
provisioning and order plans. Mutually agreed upon provisioning target dates are then established and on-time completion tracked by the Customer Account Representative with the assistance of logistics specialists in Spare Parts Provisioning and
Inventory Management. Meetings are held with airline customers at a mutually agreeable time to review suggested spare parts provisioning lists prepared by spare parts Provisioning. These lists are designed to support each customer’s particular
fleet size, route structure and maintenance and overhaul program. 

  

	 	5.1.3	Order Administration: 

  

	 	  	IAE subscribes to the general principles of Air Transport Association of America (ATA) Specification No. 2000, Integrated Data Processing - Supply. The procedures
of Air Transport Association of America (ATA) Specification No. 200 may be used for Initial Provisioning (Chapter II), Order Administration (either Chapter III or Chapter VI), or Invoicing (Chapter IV).

  
 Page 56 of 111

	 	  	A spare parts supply objective is to maintain a 90 percent on-time shipment performance record to customer requirements. The lead time for replenishment spare
parts is identified in the IAE spare Parts Price Catalog. Initial provisioning spare parts orders should be placed at least six months prior to required delivery, while conversions and major modifications require full manufacturing lead times.

  

	 	  	The action to be taken on emergency requests will be answered as follows: 

  

	 	•	 	 Aircraft-On-Ground (AOG) - within four hours (in these instances every effort is made to ship immediately). 

 

	 	•	 	 Critical (Imminent Aircraft-On-Ground (AOG) or Work Stoppage) — Within 24 hours. 

 

	 	•	 	 Stock Outage — Within seven working days (these items are shipped as per customer request). 

 

	 	5.1.4	Spare Parts Inventory: 

  

	 	  	To ensure availability of spare parts in accordance with published lead time, spare parts provisioning maintains a modern, comprehensive requirements planning and
inventory management system which is responsive to changes in customer demand, special support programs and engineering design. Organized on an engine model basis, this system is intended to maintain part availability for delivery to customers
consistent with published lead times. 

  

	 	  	A majority of parts in the spare parts inventory are continually controlled by an Automatic Forecasting and Ordering System. Those parts which do not lend themselves to
automatic control due to supercedure, unusual usage or conversion requirements are under the direct manual control of Spares Planning personnel. As additional protection against changes in production lead time or unpredicted demand, certain raw
materials are also inventoried. Successful inventory management is keyed to accurate requirements planning. In support of the requirements planning effort, a wide ranging data retrieval and analysis program is offered. This program concerns itself
both with the customer logistics and technical considerations as follows: 

  

	 	•	 	 Forecasts of life limited parts requirements are requested and received semi-annually from major customers. 

 

	 	•	 	 Engine technical conferences are held frequently within IAE to assess the impact of technical problems on parts. 

 

	 	•	 	 For a selected group of parts a provisioning conference system is offered which considers actual part inventory change, including usage and receipts,
as reported monthly by participating customers. 

  
 Page 57 of 111

	 	5.1.5	Packaging 

  

	 	  	All material is packaged in general compliance with Air Transport Association of America (ATA) Specification No. 300. 

 

	 	5.1.6	World Airline Supplier’s Guide: 

  

	 	  	IAE subscribes to the supply objectives set forth in the World Airlines Supplier’s Guide published by the Air Transport Association of America (ATA). IAE requires
that its proprietary component vendors also perform in compliance with the precepts of the World Airline Suppliers’ Guide. 

  
 Page 58 of 111

 Exhibit D 

Warranties, Guarantees, and Plans 

  
 Page 59 of 111

 Exhibit D-1 

V2500 Engine and Parts Service Policy 

  
 Page 60 of 111

 IAE 
 INTERNATIONAL AERO ENGINES AG 
 V2500 ENGINE AND PARTS SERVICE POLICY

 Issued: October 25, 1985 
 Revised: April, 1997 

  
 Page 61 of 111

 IAE 
 INTERNATIONAL AERO ENGINES AG 
 V2500 ENGINE AND PARTS SERVICE POLICY

 This Engine and Parts Service Policy (“Service Policy”) is a statement of the terms and conditions under which IAE
International Aero Engines AG (“IAE”) will grant the Operators of new V2500 Engines certain Allowances and adjustments in the event that Parts of such Engines suffer Failure in Commercial Aviation Use, or in the event that a Parts Life
Limit is established or reduced. This Service Policy becomes effective for the Operator’s first new leased or purchased V2500 Engine. 

This Service Policy is divided into seven sections: 
  

					
	Section I	  	describes the Credit Allowances which will be granted should the Engine suffer a Failure.	  	Page 64
			
	Section II	  	describes the Credit Allowances which will be granted should a Primary Part Suffer a Failure.	  	Page 66
			
	Section III	  	lists the Class Life for those Primary Parts for which Credit Allowances will be granted.	  	Page 67
			
	Section IV	  	describes the Credit Allowances which will be granted when the establishment or reduction of a Parts Life Limit is mandated.	  	Page 69
			
	Section V	  	describes the Credit Allowances and adjustments which will be granted when IAE declares a Campaign Change.	  	Page 70
			
	Section VI	  	contains the definitions of certain words and terms used throughout this Service Policy. These words and terms are identified in the text of this Service Policy by the use of
initial capital letters for such words and terms.	  	Page 73
			
	Section VII	  	contains the general conditions governing the application of this Service Policy.	  	Page 78

  
 Page 62 of 111

	I.	ENGINE FAILURE CREDIT ALLOWANCES 

  

	 	A.	First Run Engine, Module and Part 

  

	 	1.	A First Run Engine is an Engine with ***** hours (or cycles, whichever comes first), or less Engine Time, a First Run Module is a Module with ***** hours (or cycles,
whichever comes first), or less Module Time, and a First Run Part is a Part with ***** hours (or cycles, whichever comes first), or less Parts Time operating in a First Run Engine or a First Run Module. 

 

	 	2.	If a First Run Part suffers Direct Damage or Resultant Damage, and provided that the Part causing Resultant Damage is also a First Run Part, IAE will grant to
the Operator: 

  

	 	a.	A ***** percent Parts Credit Allowance for any First Run Part Scrapped, or 

 

	 	b.	A ***** percent Labor Credit Allowance for any First Run Part Repaired. 

 

	 	3.	If such Damage of a First Run Part requires the removal of the Engine or a Module from the Aircraft, IAE will, in addition to Subparagraph A.2. above, grant
to the Operator: 

  

	 	a.	A ***** percent Labor Credit Allowance for disassembly, reassembly and necessary testing of the Engine or Module requiring Reconditioning as a result of such
Damage of the First Run Part, and 

  

	 	b.	A ***** percent Parts Credit Allowance for those Expendable Parts required in the Reconditioning of the Engine or Module. 

 

	 	4.	If such Damage of a First Run Part requires the removal of the Engine or a Module from the Aircraft, IAE will arrange, upon request by the Operator, to Recondition
the Engine or Module or accomplish the Parts Repair at no charge to the Operator rather than providing the above Credit Allowances. Such work will be accomplished at a V2500 Maintenance Center designated by IAE. Transportation charges to and from
the Maintenance Center shall be paid by the Operator. 

  

	 	B.	Extended First Run Engine, Module and Part 

  

	 	1.	An Extended First Run Engine is an Engine with more than ***** hours (or cycles, whichever comes first), Engine Time but not more than ***** hours (or cycles, whichever
comes first), Engine Time, an Extended Run Module is a Module with more than ***** hours (or cycles, whichever comes first), Module Time, but not more than ***** hours (or cycles, whichever comes first), Module Time, and an Extended First Run
Part is a Part with ***** hours (or cycles, whichever comes first), or less Parts Time operating in an Extended First Run Engine or an extended First Run Module. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 63 of 111

	 	2.	If an Extended First Run Part suffers Direct Damage or Resultant Damage, and provided that the Part causing Resultant Damage is also an Extended First Run
Part, IAE will grant to the Operator: 

  

	 	a.	A pro rata Parts Credit Allowance for any Extended First Run Part Scrapped, or 

 

	 	b.	A pro rata Labor Credit Allowance for any Extended First Run Part Repaired. 

 

	 	  	If the Extended First Run Part is a Primary Part (Section III), the pro rata Credit Allowances will be based on ***** percent at ***** hours (or
cycles, whichever comes first), Engine Time which then decreases, pro rata, to ***** percent at ***** hours (or cycles, whichever comes first), Engine Time, or, ***** percent to ***** hours Parts Time which then decreases, pro rata, to *****
percent at the end of its Class Life (Section III), whichever is greater. 

  

	 	  	If the Extended First Run Part is not a Primary Part, the pro rata Credit Allowances will be based on ***** percent at ***** hours (or cycles, whichever comes
first), Engine Time which then decrease, pro rata, to ***** percent at ***** hours (or cycles, whichever comes first), Engine Time. 

  

	 	3.	If such Damage of an Extended First Run Part requires the removal of the Engine or a Module from the Aircraft, IAE will, in addition to Subparagraph B.2.
above, grant to the Operator: 

  

	 	a.	A pro rata Labor Credit Allowance for disassembly, reassembly and necessary testing of the Engine or Module requiring Reconditioning as a result of such Damage of the
Extended First Run Part, and 

  

	 	b.	A pro rata Parts Credit Allowance for those Expendable Parts required in the Reconditioning of the Engine or Module. 

 

	 	  	The pro rata Credit Allowances will be based on ***** percent at ***** hours (or cycles, whichever comes first), Engine Time, which then decreases, pro rata, to *****
percent at ***** hours (or cycles, whichever comes first), Engine Time. 

  

	 	Note:	Section VI, Paragraph D. contains the formulas to be used for computing the Credit Allowances described above. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 64 of 111

	 	C.	Engine or Module Failure Credit Allowances Illustration 

 ***** 
  

	 	Note:	The Primary Parts Credit Allowances Illustration (Section II, Paragraph B) is also applicable to the Credit Allowances which are based on Parts Time as
described in Section I, Subparagraph B.2. 

  

	II.	PRIMARY PARTS CREDIT ALLOWANCE 

  

	 	A.	Primary Parts Other Than First Run Parts or Extended First Run Parts 

 

	 	1.	Primary Parts are limited to those Parts listed in Section III while such Parts are within the Class Life indicated in Section III. 

 

	 	2.	The Primary Parts Credit Allowances described in Subparagraph A.3 below will be based on ***** percent to ***** hours total Parts Time which then decreases, pro
rata, to ***** percent at the end of the applicable hourly Class Life. 

  

	 	3.	If a Primary Part suffers Direct Damage or Resultant Damage, and provided that the Part causing Resultant Damage is also a Primary Part, IAE will grant to the
Operator: 

  

	 	a.	A Parts Credit Allowance for any Primary Part Scrapped, or 

  

	 	b.	A Labor Credit Allowance for any Primary Part Repaired in accordance with a Parts Repair designated in writing by IAE as being eligible for a Credit Allowance
under this Section II, Paragraph A. 

  

	 	Note:	Section VI, Paragraph D. contains the formulas to be used for computing the Credit Allowances described above. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 65 of 111

	 	B.	Primary Parts Credit Allowances Illustration 

 ***** 
  

	III	IDENTIFICATION OF PRIMARY PARTS 

  

	  	The following Parts are defined as Primary Parts while such Parts are within the Class Life indicated. Class Life is the period, expressed in either hours or Parts Time
or number of Parts Cycles during which IAE will grant Credit Allowances for Primary Parts which suffer Direct Damage or Resultant Damage, or for which a Parts Life Limit is established or reduced. 

CLASS A (***** HOURS PARTS TIME) 
  

	 	  	Cold Section Rotating Parts 

  

	 	  	LP Compressor Inlet Cone - Spinner 

	 	  	LP Compressor 1st Stage Blade - Fan 

	 	  	LP Compressor 1st Stage Blade Annulus Fillers 

	 	  	LP Compressor 2nd Stage Blade 

	 	  	Radial Drive Bevel Gear 

	 	  	Tower Shaft 

	 	  	HP Compressor 3 through 12th Stage Blades 

	 	  	HP Compressor Front and Rear Rotating Airseals 

	 	  	LP Turbine Shaft Coupling Nut 

  

	 	  	Cold Section Static Parts 

  

	 	  	Fan Splitter Fairing 

	 	  	LP Compressor Stage 2 Inlet and Exhaust Stator Assembly 

	 	  	HP Compressor Stage 3 to Stage 6 Variable Stator Assembly 

	 	  	Fan Aerodynamic OGV’s 

	 	  	HP Compressor Stage 6 to ll Stator Assembly 

	 	  	HP Compressor Exit Stator 

  

	 	  	Hot Section Rotating Parts 

  

	 	  	HP Turbine Stage l and 2 Blade 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 66 of 111

 HP Turbine Gage Spacer 

HP Turbine Lock Nut 
 LP Turbine Stage 3 to 7 Blades 
 LP Turbine Lock Nut 

Hot Section Static Parts 
 Fuel Injector 
 Combustion Chamber Assembly 

HPT First Stage Cooling Duct Assembly (TOBI Duct) 
 HPT 1st and 2nd Stage Nozzle Guide Vane Assembly 
 HPT 1st and 2nd Stage Outer
Airseal Assembly 
 HP to LP Turbine Transition Duct (Inner & Outer) 

LPT Stage 3 to 7 Nozzle Guide Vane Assembly 
 LPT Stage 3 to 7 Outer Airseal Assembly 
 Main and Angle Gearbox

 Gearshafts and Bearings 
 Lay Shaft 
 All Accessory Drive Shafts 

Gearbox Oil Pumps (Pressure and Scavenge) 
 CLASS B *****HOURS PARTS TIME) 
 Fan Case Assembly (Includes
Intermediate Case) 
 HP Compressor Front Casings (Split Casings) 

HP Compressor Rear Casings 
 Diffuser Case 
 HP Turbine Case 

LP Turbine Case 

Turbine Exhaust Case 
 Main Gearbox Casing 
 Oil Tank 

CLASS C *****HOURS PARTS TIME FOR DAMAGE 
 *****PARTS CYCLES FOR LIFE LIMIT REDUCTION) 
 Fan Disk 

LPC Drum 
 HPC
3 to 8 Drum 
 HPC 9 to 12 Drum 
 HP Turbine Stage l and 2 Disks 
 HP Turbine Spacer Disk 

HP Turbine Stage l Front Rotating Airseal 
 HP Turbine 2nd Stage Disk Rear Seal 
 LP Turbine Stage 3-7 Disks 

LP Turbine Stage 3-7 Rotating Airseals 
 Shafts 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 67 of 111

	IV	PARTS LIFE LIMIT ALLOWANCES 

  

	 	A.	A Parts Life Limit is the maximum allowable Parts Time or Parts Cycles for specific Parts as established by IAE and the United States Federal Aviation Administration.

  

	 	B.	Credit Allowances 

  

	 	1.	Class A and Class B Primary Parts 

  

	 	  	If a Parts Life Limit is established which results in Part Scrappage at less than ***** hours Parts Time for a Class A Primary Part or less than *****
hours Parts Time for a Class B Primary Part, IAE will grant for each such Primary Part Scrapped as a result thereof, a Parts Credit Allowance based on ***** percent to ***** hours total Parts Time which then decreases, pro rata, to *****
percent at the end of ***** hours total Parts Time for a Class A Primary Part or ***** hours total Parts Time for a Class B Primary Part. 

  

	 	2.	Class C Primary Parts 

  

	 	  	If a Parts Life Limit is established for a Class C Primary Part which results in Part Scrappage in less than ***** total Parts Cycles, IAE will grant for each
such Primary Part Scrapped as a result thereof, a Parts Credit Allowance based on ***** percent to ***** total Parts Cycles which then decreases, pro rata, to ***** percent at ***** total Parts Cycles. 

 

	 	  	In addition, IAE will grant a similarly calculated Labor Credit Allowance and Parts Credit Allowance for that labor and those Expendable Parts which are solely related
to the removal and replacement of such Class C Primary Parts and is additional to other maintenance being performed on the Engine or Module. 

  

	 	    	Note: Section VI, Paragraph D. contains the formulas to be used for computing the Credit Allowances described above. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 68 of 111

	 	C.	Parts Life Limit Credit Allowances Illustrations 

 ***** 
  

	V	CAMPAIGN CHANGE CREDIT ALLOWANCES AND ADJUSTMENTS 

  

	 	A.	A Campaign Change is an IAE program, so designated in writing, for the Reoperation, replacement, addition, or deletion of a Part(s). IAE will grant the Credit
Allowances and Adjustments specified in this Section V to the Operator when Campaign Change recommendations are complied with by the Operator. 

  

	 	B.	Standard Allowances 

  

	 	1.	A ***** percent Parts Credit Allowance for the replacing Parts specified in the Campaign Change for installed Parts or serviceable shelf stock Parts which are
Scrapped with ***** hours (or cycles, whichever comes first), or less total Parts Time. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 69 of 111

	 	2.	A pro rata Parts Credit Allowance for the replacing Parts specified in the Campaign Change for installed Parts or serviceable shelf stock Parts which are Scrapped with
more than ***** hours (or cycles, whichever comes first), total Parts Time but less than ***** hours (or cycles, whichever comes first), total Parts Time. The pro rata Parts Credit Allowance will be based on ***** percent at ***** hours (or
cycles, whichever comes first), total Parts Time which then decreases, pro rata, to ***** percent at ***** hours (or cycles, whichever comes first), total Parts Time. 

 

	 	3.	A ***** percent Parts Credit Allowance for the replacing Parts specified in the Campaign Change for installed Parts or serviceable shelf stock Parts which are
Scrapped with more than ***** hours (or cycles, whichever comes first), total Parts Time. 

  

	 	4.	A ***** percent Labor Credit Allowance for Reoperation of installed Parts or serviceable shelf stock Parts with ***** hours (or cycles, whichever comes first), or
less total Parts Time which are Reoperated in accordance with the Campaign Change. 

  

	 	5.	A pro rata Labor Credit Allowance for Reoperation of installed Parts or serviceable shelf stock Parts with more than ***** hours (or cycles, whichever comes first),
total Parts Time but less than ***** hours (or cycles, whichever comes first), total Parts Time which are Reoperated in accordance with the Campaign Change. The pro rata Labor Credit Allowance will be based on ***** percent at ***** hours (or
cycles, whichever comes first), total Parts Time which then decreases, pro rata, to ***** percent at ***** hours (or cycles, whichever comes first), total Parts Time. 

 

	 	6.	A ***** percent Labor Credit Allowance for Reoperation of installed Parts or serviceable shelf stock Parts with more than ***** hours (or cycles, whichever comes
first), total Parts Time which are Reoperated in accordance with the Campaign Change. 

  

	 	7.	A ***** percent Labor Credit Allowance for disassembly and reassembly of the Engine or Module, if the disassembly of the Engine or Module is recommended by IAE for
accomplishment of the Campaign Change and such disassembly is performed solely for the purpose of accomplishing the Campaign Change. 

  

	 	Note:	Section VI, Paragraph D. contains the formulas to be used for computing the Credit Allowances described above. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 70 of 111

	 	C.	Campaign Change Credit Allowances Illustration 

 ***** 
  

	 	D.	Optional Credit Allowances and Adjustments 

  

	 	1.	When IAE declares a Campaign Change, IAE, at its sole option, may grant to the Operator Credit Allowances and adjustments, such as, but not necessarily limited to:

  

	 	a.	No Charge material. 

  

	 	b.	Specifically priced material. 

  

	 	c.	Single credit settlements for the Operators’ fleet. 

  

	 	d.	Fixed Credit Allowance support for each Engine. 

  

	 	2.	These optional Credit Allowances and Adjustments may be provided: 

  

	 	a.	Instead of the standard Credit Allowances of Section V, Paragraph B, 

  

	 	b.	In addition to the standard Credit Allowances of Section V, Paragraph B, or 

 

	 	c.	As a portion of the standard Credit Allowances of Section V, Paragraph B. 

 

	 	3.	In no event shall the worth to the Operator, as reasonably determined by IAE, be less than the amount that would have been granted to the Operator as a standard
Campaign Change Credit Allowance, per Section V, Paragraph B. In considering the use of these optional Credit Allowances and adjustments, IAE will attempt to minimize the financial and administrative impact on the Operator.

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 71 of 111

	VI	DEFINITIONS 

  

	 	A.	CAMPAIGN CHANGE is an IAE program, so designated in writing, for the Reoperation, replacement, addition or deletion of Part(s) and is characterized by the
granting of certain Credit Allowances to the Operator when such program recommendations are complied with by the Operator. 

  

	 	B.	CLASS LIFE is the period, expressed in either hours of Part Time or number of Parts Cycles, during which IAE will grant Credit Allowances for Primary Parts
which suffer Direct Damage or Resultant Damage, or for which a Parts Life Limit is established or reduced. 

  

	 	C.	COMMERCIAL AVIATION USE is the operation of Engines in Aircraft used for commercial, corporate or private transport purposes. The operation of Engines by
government agencies or services is normally excluded except that IAE will consider written requests for the inclusion of such Engines under the provisions of this Service Policy. 

 

	 	D.	CREDIT ALLOWANCES 

  

	 	1.	PARTS CREDIT ALLOWANCE is an amount determined in accordance with the following formulas: 

 

												
	 a.
	 		  	***** Parts Credit Allowance	  	=     P    
				
	 b.
	 		  	***** Parts Credit Allowance	  	

 
					
	 c.
	 		  	Pro rata Parts Credit Allowance	  	=	  	

  

	 	(1)	For a Primary Part which suffers Direct or Resultant Damage, or a Class A or Class B Primary Part for which a Parts Life Limit is established:

  

	 	  	

 

  

	 	(2)	For a Class C Primary Part for which a Parts Life Limit is established, which is greater than ***** total Parts Cycles but is less than ***** total Parts Cycles:

  

	 	  	

 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 72 of 111

	 	(3)	For replacement of a Part because of a Campaign Change, when such a Part has more than ***** hours (or cycles, whichever comes first), Parts Time but less
than ***** hours (or cycles, whichever comes first), Parts Time: 

  
  

	 	  	

 

  

	 	d.	Extended First Run Parts Credit Allowance         = 

 
  

	 	  	

 

  

	 	2.	LABOR CREDIT ALLOWANCE is an amount determined in accordance with the following formulas, except that in no event shall the amount to be granted for repair of
Parts exceed the amount of the Parts Credit Allowance which would have been granted if the Part had been Scrapped: 

  

													
	 a.
	  	***** Labor Credit Allowance	  	 	=	  	  	 	H	×R 	 	
				
	 b.
	  	***** Labor Credit Allowance	  	  
	 

 
	   
	 	
	  	  	 
					
	 c.
	  	Pro rata Labor Credit Allowance	  	 	=	  	  				 	

  

	 	(1)	For a Primary Part which suffers Direct or Resultant Damage, or a Class A or Class B Primary Part for which a Parts Life Limit is established:

  

	 	  	

 

  

	 	(2)	For a Class C Primary Part for which a Parts Life Limit is established which is greater than ***** total Parts Cycles but is less than ***** total Parts Cycles:

  

	 	  	

 

  

	 	(3)	For replacement of a Part because of a Campaign Change, which such a Part has more than ***** hours (or cycles, whichever comes first), Parts Time but less
than ***** hours (or cycles, whichever comes first), Parts Time: 

  

	 	  	

 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 73 of 111

  

	 	d.	Extended First Run Labor Credit Allowance         = 

 

	 	  	

 

  

	 	3.	The variables used in calculating the above allowances are defined as: 

  

							
	P	  	=	    	a.	  	For a Part Scrapped because of Direct Damage, Resultant Damage or a Parts Life Limit being established, the IAE commercial price of the Part Scrapped current at the time
of either the Engine removal or Part removal, whichever occurs sooner, or
				
		  		    	b.	  	For replacement of a Part because of a Campaign Change, the IAE commercial price of the replacing Part specified in the Campaign Change current at the time of notification
to the Operator of the Campaign Change.
				
	T	  	=	    	a.	  	For a Primary Part which has suffered Direct Damage or Resultant Damage, the actual Parts Time on the Part minus ***** hours, or
				
		  		    	b.	  	For a Class A or Class B Primary Part for which a Parts Life Limit is established, the actual Parts Time on the Part minus ***** hours, or the Parts Life Limit minus *****
hours, whichever is greater, or
				
		  		    	c.	  	For replacement of a Part because of a Campaign Change, when such a Part has more than ***** hours (or cycles, whichever comes first), Parts Time but less than ***** hours
(or cycles, whichever comes first), Parts Time, the actual Parts Time on the Part.
			
	C	  	=	    	For a Class C Primary Part for which a Parts Life Limit is established which is greater than ***** Total Parts Cycles but less than ***** Total Parts Cycles, the
greater of either:
				
		  		    	a.	  	The actual Parts Cycles on the Part minus ***** cycles, or
				
		  		    	b.	  	The new Parts Life Limit minus ***** Cycles.

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 74 of 111

							
				
	Lt	  	=	    	Either:	  	
				
		  		    	a.	  	For a Primary Part which has suffered Direct Damage or Resultant Damage, the hours indicated in Section III minus ***** hours, or
				
		  		    	b.	  	For a Class A or Class B Primary Part for which a Parts Life Limit is established, the hours indicated in Section III minus ***** hours.
			
	Lc	  	=	    	For a Class C Primary Part for which a Parts Life Limit is established which is greater than ***** total Parts Cycle, ***** Cycles.
			
	H	  	=	    	The man-hours required to accomplish the work as established in writing by IAE.
			
	R	  	=	    	The labor rate, expressed in U.S. Dollars per hour, which will be determined as follows:
				
		  		    	a.	  	If the labor is performed at the Operator’s facility, or its subcontractor’s facility, the labor rate will be the greater of the Operator’s labor rate or the
subcontractor’s labor rate, where the labor rates were determined in accordance with IAE Form XIAE380 and provided to the Operator in writing, or
				
		  		    	b.	  	If the labor is performed by IAE, the labor rate will be the then-current labor rate of IAE.
			
	E	  	=	    	Actual Engine Time on an Extended First Run Engine.

  

	 	E.	DIRECT DAMAGE is the damage suffered by a Part itself upon its Failure. 

 

	 	F.	ECONOMICALLY REPAIRABLE shall generally mean that the cost of the repair as determined by IAE, exclusive of modification and transportation costs, will be equal
to or less than ***** percent of the IAE commercial price of the Part at the time the repair is considered, or, shall be as otherwise reasonably determined by IAE. 

 

	 	G.	ENGINE(S) means those V2500 Engine(s), as described by IAE Specifications, sold by IAE for Commercial Aviation Use, whether installed as new equipment in
aircraft by the manufacturer thereof and delivered to the Operator or delivered directly to the Operator from IAE for use as a spare Engine. An Engine which has been converted or upgraded in accordance with IAE instructions shall continue to qualify
for Credit Allowances and Adjustments under the provisions of this Service Policy. 

  

	 	H.	ENGINE OR MODULE TIME is the total number of flight hours of operation of an Engine or a Module. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 75 of 111

	 	I.	EXPENDABLE PARTS means those nonreusable Parts, as determined by IAE, which are required to be replaced during inspection or Reconditioning, regardless of the
condition of the Part. 

  

	 	J.	EXTENDED FIRST RUN ENGINE OR MODULE is an Engine or Module with more than ***** hours (or cycles, whichever comes first), Engine or Module Time but not more than
***** hours (or cycles, whichever comes first), Engine or Module Time. 

  

	 	K.	EXTENDED FIRST RUN PART means a Part with ***** hours (or cycles, whichever comes first), or less Parts Time operating in an Extended First Run Engine.

  

	 	L.	FAILURE (FAILED) is the breakage, injury, or malfunction of a Part rendering it unserviceable and incapable of continued operation without corrective
action. 

  

	 	M.	FIRST RUN ENGINE OR FIRST RUN MODULE is an Engine or Module with ***** hours (or cycles, whichever comes first), or less Engine or Module Time.

  

	 	N.	FIRST RUN PART is an Engine Part with ***** hours (or cycles, whichever comes first), or less Parts Time operating in a First Run Engine.

  

	 	O.	MODULE(S) means any one or more of the following assemblies of Parts: 

 

	 	  	Fan Assembly and Low Pressure Compressor Assembly 

	 	  	High Pressure Compressor Assembly 

	 	  	High Pressure Turbine Assembly Low Pressure Turbine Assembly 

	 	  	Main gearbox 

	 	  	Any other Assembly of Parts so designated by IAE 

  

	 	P.	OPERATOR is the owner of one or more Engines operated for Commercial Aviation Use, the lessee if such Engine(s) is the subject of a long-term financing lease or
as otherwise reasonably determined by IAE. 

  

	 	Q.	PART(S) means Engine parts sold by IAE and delivered to the Operator as original equipment in an Engine or Engine parts sold and delivered by IAE to the Operator
as new spare parts in support of an Engine. 

  

	 	R.	PARTS CYCLE(S) means the aggregate total number of times a Part completes an Aircraft takeoff and landing cycle, whether or not thrust reverser is used on
landing. As pilot training will involve extra throttle transients such as touch and go landings and takeoffs, IAE shall evaluate such transients for Parts Cycle determination. 

 

	 	S.	PARTS LIFE LIMIT is the maximum allowable total Parts Time or total Parts Cycles for specific Parts, including Reoperation if applicable, as established by IAE
or by the United States Federal Aviation Administration. Parts Life Limits are published in the Time Limits Section (Chapter 05) of the applicable V2500 Series Engine Manual. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 76 of 111

	 	T.	PARTS REPAIR means the IAE designated restoration of Failed Parts to functional serviceable status, excluding repair of normal wear and tear, as determined by
IAE. 

  

	 	U.	PARTS TIME is the total number of flight hours of operation of a Part. 

 

	 	V.	PRIMARY PART(S) are limited to those Parts listed in Section III while such Parts are within the Class Life indicated in Section III.

  

	 	W.	RECONDITIONING means the restoration of an Engine or Module allowing substitution of new or serviceable used Parts, to the extent necessary for continued
operation of the Engine or Module as a serviceable unit. When such Reconditioning is performed by IAE, the Parts Time or Parts Cycles, as applicable, of the replaced Part shall, for the purpose of this Service Policy, be applicable to the
substituted new or serviceable used Part. Said replaced Part shall become the property of IAE. 

  

	 	X.	REOPERATION is the alteration to or modification of a Part. 

  

	 	Y.	RESULTANT DAMAGE is the damage suffered by a Part because of the Failure of another Part within the same Engine. 

 

	 	Z.	SCRAPPED PARTS (SCRAP, SCRAPPED, SCRAPPAGE) shall mean those Parts determined by IAE to be unserviceable and not Economically Repairable. The Operator shall
cause such Parts to be mutilated or disposed of in such a manner as to preclude any possible further use as an Engine Part. 

  

	VII	GENERAL CONDITIONS 

   The following general conditions govern the application of this Service Policy: 

 

	 	A.	Records and Audit 

  

	 	  	The Operator shall maintain adequate records for the administration of this Service Policy and shall permit IAE to audit such records at reasonable intervals.

  

	 	B.	Scrapping of Parts 

  

	 	1.	Scrappage Verification 

  

	 	  	Any Part for which a Parts Credit Allowance is requested shall be verified as Scrapped prior to the issuance of the Parts Credit Allowance. Verification of
Scrappage shall occur as follows: 

  

	 	a.	At the Operator’s, or its subcontractor’s, facility. Such verification shall be accomplished by the IAE Field Representative. 

 

	 	b.	At IAE, provided that IAE concurs that the Part is to be Scrapped. Sufficient information to identify the Part, the Engine from which the Part was removed,
and the reason for its return shall be provided. 

  
 Page 77 of 111

	 	2.	Return of Parts 

  

	 	  	IAE, at its sole option, may require the Operator to return to IAE any Part for which a Parts Credit Allowance is requested. Such return shall be a condition for
the issuance of a Parts Credit Allowance. 

  

	 	3.	Transportation Expenses 

  

	 	  	Transportation expenses shall be at the expense of the Operator if such Parts are shipped to and from IAE for examination and verification; except that IAE shall pay
the expense if such Parts are shipped at the request of IAE. 

  

	 	4.	Title 

  

	 	  	Title to such Parts returned to IAE shall vest in IAE: 

  

	 	a.	Upon determination by IAE that the Operator is eligible for a Parts Credit Allowance. If it is determined that the Parts are scrapped Parts but are not eligible for
Service Policy coverage, the Operator will be notified of the decision and the Parts returned at the Operator’s expense if the Operator so requests; otherwise, the Parts will be disposed of by IAE without any type of adjustment, or

  

	 	b.	Upon shipment, when such Parts are determined to be Scrap at the Operator’s facility and are shipped to IAE at the request of IAE. 

 

	 	C.	Repairability Requirements 

  

	 	  	The Operator shall set aside and exclude from the operation of this Service Policy for a period of ***** months any Part for which IAE states it has, or plans
to initiate, an active program to achieve a repair, corrective Reoperation or Parts Life Limit extension. In the event IAE has not released a repair procedure, corrective Reoperation, or Parts Life Limit extension by the expiration of this *****
month period, such Part shall be retained by the Operator and excluded from the operation of this Service Policy for additional periods beyond the expiration of said ***** month period only if agreed to by the Operator.

  

	 	D.	Exclusions from Service Policy 

  

	 	  	This Service Policy will not apply to any Engine, Module or Part if it has been determined to the reasonable satisfaction of IAE that said Engine, Module or
Part has Failed because it: 

  

	 	1.	Has not been properly installed or maintained in accordance with IAE recommendations unless such improper installation or maintenance was performed by IAE, or

  

	 	2.	Has been used contrary to the operating and maintenance instructions or recommendations authorized or issued by IAE and current at the time, or

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 78 of 111

	 	3.	Has been repaired or altered other than by an IAE designated V2500 Maintenance Center in such a way as to impair its safety, operation or efficiency, or

  

	 	4.	Has been subjected to: 

  

	 	a.	Misuse, neglect, or accident, or 

  

	 	b.	Ingestion of foreign material, or 

  

	 	5.	Has been affected in any way by a part not defined as a Part herein or by a repair or maintenance practice not approved by IAE, or 

 

	 	6.	Has been affected in any way by occurrences not associated with ordinary use, such as, but not limited to, acts of war, rebellion, seizure or other belligerent acts.

  

	 	E.	Payment Options 

  

	 	  	IAE at its option may grant any Parts Credit Allowance as either a credit to the Operator’s account with IAE or as a Part replacement.

  

	 	F.	Presentation of Claims 

  

	 	  	Any request for a Credit Allowance must be presented to IAE not later than ***** days after the removal from service of the Engine or Part for which the
Credit Allowance is requested. If IAE disallows the request, written notification will be provided to the Operator. The Operator shall have ***** days from such notification to request a reconsideration of the request for Credit Allowance. IAE
shall have the right to refuse any request for a Credit Allowance which is not submitted within the stated time periods. 

  

	 	G.	Duration of Service Policy 

  

	 	  	This Service Policy will normally cease to apply to all Parts in any Engine that is more than ***** years old as measured from the date of shipment of the Engine from
the factory. Unless advised to the contrary by IAE, this Service Policy shall, however, continue to be applicable to individual Engines after the expiration of the ***** year period on a year to year basis so that the Operator may continue to
receive the benefits of the Service Policy on the Parts in these Engines. 

  

	 	H.	General Administration 

  

	 	  	On matters concerning this Service Policy, the Operator is requested to address all correspondence to: 

 

	 	  	IAE International Aero Engines AG 

	 	  	400 Main Street 

	 	  	Mail Stop 121-10 

	 	  	East Hartford, CT 06108 

	 	  	Attention: Warranty Administration 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 79 of 111

	 	I.	Limitation of Liability 

  

	 	1.	The express provisions of this Service Policy set forth the maximum liability of IAE with respect to any claims relating to this Service Policy. In the event of any
conflict or inconsistency between the express provisions of this Service Policy and any Illustrations contained herein, the express provisions shall govern. 

 

	 	2.	Except to the extent that the Credit Allowances and adjustments expressly set forth in this Service Policy may exceed the limitations of the corresponding portions of
any warranties or representations included in any sales agreements, the provisions of this Service Policy do not modify, enlarge or extend in any manner the conditions governing the sale of its Engines and Parts by IAE. 

 

	 	3.	IAE reserves the right to change or retract this Service Policy at any time at its sole discretion. No such retraction or change shall diminish the benefits which the
Operator may be entitled to receive with respect to Engines for which an acceptable order has been placed with IAE or with respect to aircraft with installed Engines for which a firm unconditional order has been placed with the aircraft manufacturer
prior to the announcement of any such retraction or change. 

  

	 	J.	Assignment of Service Policy 

  

	 	  	This Service Policy shall not be assigned, either in whole or in part, by either party. IAE will, however, upon the written request of the Operator consider an
extension of Service Policy Credit Allowances and adjustments to Engines, Modules and Parts sold or leased by an Operator to another Operator, to the extent only, however, that such Credit Allowances and adjustments exist at the time of such sale or
lease and subject to the terms and conditions of the Service Policy. IAE shall not unreasonably withhold such extension of such Credit Allowances. 

  
 Page 80 of 111

 Exhibit D-2 

V2500 Nacelle and Parts Service Policy 

  
 Page 81 of 111

 IAE 
 INTERNATIONAL AERO ENGINES AG 
 V2500 NACELLE AND PARTS SERVICE POLICY

 Issued: November 16, 1988 

  
 Page 82 of 111

 IAE 
 INTERNATIONAL AERO ENGINES AG 
 V2500 NACELLE AND PARTS SERVICE POLICY

 This Nacelle and Parts Service Policy (Service Policy) is a statement of the terms and conditions under which IAE International
Aero Engines AG (“IAE”) will grant the Operators of its V2500 Nacelles certain Allowances and adjustments in the event that Parts of such Nacelles suffer Failure in service. 
 This Service Policy is divided into four sections: 
  

					
	Section I	  	describes the Allowances and adjustments which will be granted should the Nacelle or Part(s) suffer a Failure.	  	Page 85
			
	Section II	  	describes the Allowances and adjustments which will be granted when IAE declares a Campaign Change.	  	Page 86
			
	Section III	  	contains the definitions of certain words and terms used throughout this Service Policy. These words and terms are identified in the text of this Service Policy by the use of
initial capital letters for such words and terms.	  	Page 87
			
	Section IV	  	contains the general conditions governing the application of this Service Policy.	  	Page 90

  
 Page 83 of 111

	I	ALLOWANCES AND ADJUSTMENTS 

  

	 	A.	First Run Nacelle and Part 

  

	 	1.	A First Run Nacelle is a Nacelle with ***** hours or less Nacelle Time and a First Run Part is a Part with ***** hours or less Parts Time operating in a First
Run Nacelle. 

  

	 	2.	If a First Run Part suffers Direct Damage or Resultant Damage, and provided that the Part causing Resultant Damage is also a First Run Part:

  

	 	a.	IAE will grant to the Operator: 

  

	 	(1)	A ***** percent Parts Credit Allowance for any such First Run Part Scrapped, and 

 

	 	(2)	A ***** percent Labor Allowance for Parts Repair of any First Run Part requiring Parts Repair. 

 

	 	b.	If such Damage of a First Run Part causes the removal of the Nacelle from the Aircraft, IAE will, in addition to Subparagraph a. above, grant to the Operator:

  

	 	(1)	A ***** percent Labor Allowance for disassembly, reassembly and necessary testing of the Nacelle requiring Reconditioning as a result of such Damage of the First Run
Part, and 

  

	 	(2)	A ***** percent Parts Credit Allowance for those Expendable Parts required in the Reconditioning of the Nacelle. 

 

	 	c.	If such Damage of a First Run Part causes the removal of the Nacelle from the Aircraft, IAE will arrange, upon request by the Operator, to Recondition the Nacelle
or accomplish the Parts Repair at no charge to the Operator rather than providing the above Allowances. Such work will be accomplished at a V2500 Maintenance Center designated by IAE. Transportation charges to and from the Maintenance Center shall
be paid by the operator. 

  

	 	B.	Primary Part 

  

	 	1.	A Primary Part is a Part other than a First Run Part but having not more than ***** hours Parts Time. 

 

	 	2.	Primary Parts not eligible for those Allowances granted to First Run Parts are eligible for Allowances under this Section I, Paragraph B., provided that the
Primary Part suffers Direct Damage or Resultant Damage and Provided that the Part causing Resultant Damage is also a Primary Part. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 84 of 111

	 	3.	IAE will grant to the Operator a Parts Credit Allowance for such a Primary Part Scrapped or a Labor Allowance for such a Primary Part for which a Parts Repair
is designated in writing by IAE as being eligible for adjustment under this Section I, Paragraph B. Such Allowance will be based on ***** percent to ***** hours total Parts Time which then decreases, pro rata, to zero percent at ***** hours
Parts time. 

  

	II	CAMPAIGN CHANGE ALLOWANCES AND ADJUSTMENTS 

  

	 	A.	A Campaign Change is an IAE program, so designated in writing, for the Reoperation, replacement, addition, or deletion of a Part(s). IAE will grant the Allowances and
adjustments specified in this Section II to the Operator when Campaign Change recommendations are complied with by the Operator. 

  

	 	B.	Standard Allowances 

  

	 	1.	A ***** percent Parts Credit Allowance for the replacing Parts specified in the Campaign Change for installed or serviceable shelf stock Nacelle Parts which are
Scrapped with ***** hours or less total Parts Time. 

  

	 	2.	A ***** percent Parts Credit Allowance for the replacing Parts specified in the Campaign Change for installed or serviceable shelf stock Nacelle Parts which are
Scrapped with more than ***** hours total Parts Time. 

  

	 	3.	A ***** percent Labor Allowance for Reoperation of installed or serviceable shelf stock Nacelle Parts with ***** hours or less total Parts Time, which are
Reoperated in accordance with the Campaign Change. 

  

	 	4.	A ***** percent Labor Allowance for Reoperation of installed or serviceable shelf stock Nacelle Parts with more than ***** hours total Parts Time, which are
Reoperated in accordance with the Campaign Change. 

  

	 	5.	A ***** percent Labor Allowance for disassembly and reassembly of the Nacelle, if the disassembly is recommended by IAE for accomplishment of the Campaign Change
and such disassembly is performed solely for the purpose of accomplishing the Campaign Change. 

  

	 	C.	Optional Allowances and Adjustments 

  

	 	1.	When IAE declares a Campaign Change, IAE, at its sole option, may grant to the Operator allowances and adjustments, such as, but not necessarily limited to:

  

	 	a.	No charge material 

  

	 	b.	Specially priced material 

  

	 	c.	Single payment settlements for the Operators’ fleet 

  

	 	d.	Fixed allowance support for each Nacelle. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 85 of 111

	 	2.	These optional allowances and adjustments will be provided either: 

  

	 	a.	Instead of the standard Allowances of Paragraph B., 

  

	 	b.	In addition to the standard Allowances of Paragraph B., or 

  

	 	c.	As a portion of the standard Allowances of Paragraph B. 

  

	 	3.	In no event shall the worth to the Operator, as reasonably determined by IAE, be less than the amount that would have been granted to the Operator as a standard
Campaign Change Allowance, per Paragraph B. In considering the use of these optional allowances and adjustments, IAE will attempt to minimize the financial and administrative impact on the Operator. 

 

	III	DEFINITIONS 

  

	 	A.	ALLOWANCES 

  

	 	1.	PARTS CREDIT ALLOWANCE is an amount determined in accordance with the following formula: 

 

									
	a.	  	***** Parts Credit Allowance	  	=	  	P	  	
				
	b.	  	***** Parts Credit Allowance	  	

 
	  	
	  	  		  		  	
				
	c.	  	Pro rata Parts Credit Allowance	  	

 
	  	
	  	  		  		  

  

	 	2.	LABOR ALLOWANCE is an amount determined in accordance with the following formulas, except that in no event shall the amount to be granted for repair of Parts exceed the
amount of the Parts Credit Allowance which would have been granted if the Part had been Scrapped. 

  

											
				
	 a.
	  	***** Labor Allowance	  	            =     H×R	  	
			
	 b.
	  	***** Labor Allowance	  	 

 

	  	  		  		  		  	
			
	 c.
	  	Pro rata Labor Allowance	  	

 

	  	  		  		  		  	

  

	 	3.	The variables used in calculating the above Allowances are defined as: 

  

							
	P	  	=	  	for a Part Scrapped because of Direct Damage or Resultant Damage, the IAE commercial price of the Part Scrapped current at the time of either the Nacelle
removal or Part removal, whichever occurs sooner, or

  
 Page 86 of 111

							
			
		  		  	for replacement of Parts because of a Campaign Change, the IAE price of the replacing Part specified in the Campaign Change current at the time of notification to
the Operator of the Campaign Change.
			
	T	  	=	  	actual Parts Time hours on a Part which has suffered Direct Damage or Resultant Damage or the Parts Life Limit as established for the Part.
			
	H	  	=	  	the man-hours required to accomplish the work as established in writing by IAE.
			
	R	  	=	  	the labor rate, expressed in dollars per hour, which will be determined as follows:
				
		  		  	a.	  	If the labor is performed at the Operator’s facility, or its subcontractor’s facility, the labor rate will be the greater of the Operator’s labor rate or the
subcontractor’s labor rate, where the labor rates were determined in accordance with IAE Form and provided to the Operator in writing, or
				
		  		  	b.	  	If the labor is performed at a V2500 Maintenance Center designated by IAE, the labor rate will be the then current labor rate at that Center.

  

	 	B.	CAMPAIGN CHANGE is an IAE program, so designated in writing, for the Reoperation, replacement, addition or deletion of a Part(s) and is characterized by the
granting of certain Allowances to the Operator when such recommendations are complied with by the Operator. 

  

	 	C.	COMMERCIAL AVIATION USE is the operation of Nacelles in Aircraft used for commercial, corporate or private transport purposes. The operation of Nacelles by
Government Agencies or Services is normally excluded except that IAE will consider written requests for the inclusion of such Nacelles under the provisions of this Service Policy. 

 

	 	D.	DIRECT DAMAGE is the damage suffered by a Part itself upon its Failure. 

 

	 	E.	ECONOMICALLY REPAIRABLE shall generally mean that the cost of the repair as determined by IAE exclusive of modification and transportation costs, will be equal
to or less than ***** percent of the IAE commercial price of the Part at the time the repair is considered, or, shall be as otherwise reasonably determined by IAE. 

 

	 	F.	EXPENDABLE PARTS means those nonreusable Parts, as determined by IAE, which are required to be replaced during inspection or Reconditioning, regardless of the
condition of the Part. 

  

	 	G.	FAILURE (FAILED) is the breakage, injury, or malfunction of a Part rendering it unserviceable and incapable of continued operation without corrective
action. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 87 of 111

	 	H.	FIRST RUN NACELLE is a Nacelle with ***** hours or less Nacelle Time. 

 

	 	I.	FIRST RUN PART is a Nacelle Part with ***** hours or less Parts Time operating in a First Run Nacelle. 

 

	 	J.	NACELLE(S) means V2500 nacelle(s) and thrust reverser, as described in IAE Specifications referenced below, as such Specifications may be revised from time to
time, sold by IAE for Commercial Aviation Use, whether installed as new equipment in aircraft by the manufacturer thereof and delivered to the Operator or delivered directly to the Operator from IAE for use as a spare nacelle. A Nacelle which has
been converted or upgraded in accordance with IAE instructions shall continue to qualify for Allowances and adjustments under the provisions of this Service Policy. 

 

					
	 Model No.
	  	Specification No.	  	Specification Date
	 V2500
	  	IAE-0004	  	*****

  

	 	K.	NACELLE TIME is the total number of flight hours of operation of a Nacelle. 

 

	 	L.	OPERATOR is the owner of one or more Nacelles operated for Commercial Aviation use, the lessee if such Nacelle(s) is the subject of a long-term financing lease
or as otherwise reasonably determined by IAE. 

  

	 	M.	PART(S) means Nacelle parts sold by IAE and delivered to the Operator as original equipment in a Nacelle or Nacelle parts sold and delivered by IAE to the
Operator as new spare parts in support of a Nacelle. 

  

	 	N.	PARTS LIFE LIMIT is the maximum allowable Parts Time, for specific Parts as established by IAE or by the Federal Aviation Administration in an Airworthiness
Directive. 

  

	 	O.	PARTS REPAIR means the IAE designated restoration of Failed Parts to functional serviceable status, excluding repair of normal wear and tear, as determined by
IAE. 

  

	 	P.	PARTS TIME is the total number of flight hours of operation of a Part. 

 

	 	Q.	PRIMARY PART means a Part other than a First Run Part but not having more than ***** hours Parts Time. 

 

	 	R.	RECONDITIONING means the restoration of a Nacelle allowing substitution of new or serviceable used Parts, to the extent necessary for continued operation of the
Nacelle as a serviceable unit. When such Reconditioning is performed by IAE designated V2500 Maintenance Center, the Parts Time, of the replaced Part shall, for the purpose of this Service Policy, be applicable to the substituted new or
serviceable used Part. Said replaced Part shall become the property of IAE. 

  

	 	S.	REOPERATION is the alternation to or modification of a Part. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 88 of 111

	 	T.	RESULTANT DAMAGE is the damage suffered by a Part because of the Failure of another Part within the same Nacelle. 

 

	 	U.	SCRAPPED PARTS (SCRAP, SCRAPPED, SCRAPPAGE) shall mean those Parts determined by IAE to be unserviceable and not Economically Repairable. The Operator shall
cause such Parts to be mutilated or disposed of in such a manner as to preclude any possible further use as a Nacelle Part. 

  

	IV	GENERAL CONDITIONS 

  

	  	The following general conditions govern the application of this Service Policy: 

 

	 	A.	Records and Audit 

  

	 	  	The Operator shall maintain adequate records for the administration of this Service Policy and shall permit IAE to audit such records at reasonable intervals.

  

	 	B.	Scrapping of Parts 

  

	 	1.	Scrappage Verification 

  

	 	  	Any Part for which a Parts Credit Allowance is requested shall be verified as Scrapped prior to the issuance of the Allowance. Verification of Scrappage shall
occur as Follows: 

  

	 	a.	At the Operator’s, or its subcontractor’s, facility. Such verification shall be accomplished by the IAE Field Representative. 

 

	 	b.	At a V2500 Maintenance Center designated by IAE, provided that IAE concurs that the Part is to be Scrapped. Sufficient information to identify the Nacelle from
which the Part was removed, and the reason for its return shall be provided. 

  

	 	2.	Return of Parts 

  

	 	  	IAE, at its sole option, may require the Operator to return to IAE any Part for which a Parts Credit Allowance is requested. Such return shall be a condition for
the issuance of a Parts Credit Allowance. 

  

	 	3.	Transportation Expenses 

  

	 	  	Transportation expenses shall be at the expense of the Operator if such Parts are shipped to and from a V2500 Maintenance Center designated by IAE for examination and
verification; except, that IAE shall pay the expense of transport of such Parts as are shipped at the request of IAE. 

  

	 	4.	Title 

  

	 	  	Title to such Parts returned to IAE shall vest in IAE. 

  
 Page 89 of 111

	 	a.	Upon determination by IAE that the Operator is eligible for a Parts Credit Allowance. If it is determined that the Parts are scrapped Parts but are not eligible for
Service Policy coverage, the Operator will be notified of the decision and the Parts returned at the Operator’s expense if the Operator so requests; otherwise, the Parts will be disposed of by IAE without any type of adjustment, or

  

	 	b.	Upon shipment, when such Parts are determined to be Scrap at the Operator’s facility and are shipped to IAE at the request of IAE. 

 

	 	C.	Repairability Requirements 

  

	 	  	The Operator shall set aside and exclude from the operation of this Service Policy for a period of ***** months any Part for which IAE states it has, or plans
to initiate, an active program to achieve a repair, corrective Reoperation or Parts Life Limit extension. In the event IAE has not released a repair procedure, corrective Reoperation, or Parts Life Limit extension by the expiration of this *****
month period, such Part shall be retained by the Operator and excluded from the operation of this Service Policy for additional periods beyond the expiration of said ***** month period only if agreed to by the Operator.

  

	 	D.	Exclusions from Service Policy 

  

	 	  	This Service Policy will not apply to any Nacelle, or Part if it has been determined to the reasonable satisfaction of IAE that said Nacelle or Part has
Failed because it: 

  

	 	1.	Has not been properly installed or maintained in accordance with IAE recommendations unless such improper installation or maintenance was performed by IAE or at any
V2500 Maintenance Center designated by IAE. 

  

	 	2.	Has been used contrary to the operating and maintenance instructions or recommendations authorized or issued by IAE and current at the time, or

  

	 	3.	Has been repaired or altered outside any V2500 Maintenance Center in such a way as to impair its safety, operation or efficiency, or 

 

	 	4.	Has been subjected to: 

  

	 	a.	Misuse, neglect, or accident, or 

  

	 	b.	Ingestion of foreign material, or 

  

	 	5.	Has been affected in any way by a part not defined as a Part herein, or 

 

	 	6.	Has been affected in any way by occurrences not associated with ordinary use, such as, but not limited to, acts of war, rebellion, seizure or other belligerent acts.

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 90 of 111

	 	E.	Payment Options 

  

	 	  	IAE at its option may grant any Parts Credit Allowance as either a credit to the Operator’s account or as a Part replacement. 

 

	 	F.	Presentation of Claims 

  

	 	  	Any request for an Allowance must be presented to IAE not later than ***** days after the removal from service of the Engine or Part for which the Allowance
is requested. If IAE disallows the request, written notification will be provided to the Operator. The Operator shall have 90 days from such notification to request a reconsideration of the request for Allowance. IAE shall have the right to
refuse any request for an Allowance which is not submitted within the stated time periods. 

  

	 	G.	Duration of Service Policy 

  

	 	  	This Service Policy will normally cease to apply to all Parts in any Nacelle that is more than ten years old as measured from the date of shipment of the Nacelle from
the factory. This Service Policy shall, however, continue to be applicable to individual Nacelles after the expiration of the ten year period on a year to year basis so that the Operator may continue to receive the benefits of the Service Policy on
the Parts in these Nacelles. 

  

	 	H.	General Administration 

  

	 	  	On matters concerning this Service Policy, the Operator is requested to address all correspondence to: 

 

	 	  	IAE International Aero Engines AG 

	 	  	400 Main Street 

	 	  	Mail Stop 121-10 

	 	  	East Hartford, CT 06108 

  

	 	  	Attention: Warranty Administration 

  

	 	I.	Limitation of Liability 

  

	 	1.	The express provisions of this Service Policy set forth the maximum liability of IAE with respect to any claims relating to this Service Policy.

  

	 	2.	Except to the extent that the Allowances and adjustments expressly set forth in this Service Policy may exceed the limitations of the corresponding portions of any
warranties or representations included in any sales agreements, the provisions of this Service Policy do not modify, enlarge or extend in any manner the conditions governing the sale of its Nacelles and Parts by IAE. 

 

	 	3.	IAE reserves the right to change or retract this Service Policy at any time at its sole discretion. No such retraction or change shall diminish the benefits which the
Operator may be entitled to receive with respect to 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 91 of 111

	 	  	Nacelles for which a acceptable order has been placed with IAE or with respect to aircraft with installed Nacelles for which firm orders have been placed or options
obtained with the aircraft manufacturer prior to the announcement of any such retraction or change. 

  

	 	J.	Assignment of Service Policy 

  

	 	  	This Service Policy shall not be assigned, either in whole or in part, by either party. IAE will, however, upon the written request of the Operator consider an
extension of Service Policy Allowances and adjustments to Nacelles and Parts sold or leased by an Operator to another Operator, to the extent only, however, that such Allowances and adjustments exist at the time of such sale or lease and subject to
the terms and conditions of the Service Policy. IAE shall not unreasonably withhold such extension of such Allowances. 

  
 Page 92 of 111

 Exhibit D-3 

Warranty for Special Tools and Ground Equipment 

 

	1.	If it is shown that a defect in material or workmanship has become apparent in any item of special tooling and ground equipment within one year from the date of receipt
of such item by the Operator, then IAE will either as it may in its sole discretion determine repair or exchange such item free of charge. 

  

	2.	The obligations of IAE under this Warranty are subject to the following terms and conditions. 

 

	 	2.1	The defect must not be due to misuse, negligence of anyone other than IAE, accident or misapplication. 

 

	 	2.2	Such item shall not have been used, maintained, modified, stored or handled other than in a manner approved by IAE. 

 

	 	2.3	Any claim under this Warranty shall be made in writing to IAE within ***** days of the discovery of the defect and the defective item shall be made available or
sent to IAE for inspection as it may require. 

  

	3.	IAE shall not be liable for any incidental, consequential or resultant loss or damage howsoever occurring, nor for labor costs involved in removal or replacement of
parts. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 93 of 111

 Exhibit D-4 

Guarantee Terms 
  

	I.	SPECIFIC CONDITIONS 

  

	  	The guarantees set out in Exhibit D-5 through Exhibit D-10 (the “Guarantee(s)”) are based on the following specific conditions with respect
to the Aircraft and the Spare Engine(s) (the “Specific Conditions”): 

  

	 	A.	an average flight cycle of no less than ***** hours; 

  

	 	B.	thrust levels which are derated an average of ***** for take-off relative to full take-off ratings for a V2527M-A5 engine; 

 

	 	C.	an average Aircraft utilization equal to or less than ***** flight hours per year per Aircraft; 

 

	 	D.	Vuela maintaining a delivery schedule in respect to the Firm Aircraft and the Firm Spare Engines in accordance with the schedules set forth in Exhibit B hereto;

  

	 	E.	an average ambient temperature at takeoff consistent with Vuela’s current operation temperatures which is no greater than ***** 

 

	 	F.	Vuela operating and maintaining a minimum number of spare Engine(s) in support of its operation of the Aircraft, such that there is a minimum of one (1) spare
engine or a direct ratio of spare Engines to Engines installed on Aircraft equal to or greater than ***** whichever is greater. 

  

	II.	ELIGIBLE ENGINES 

  

	  	The Engines that shall be eligible under the Guarantees shall be: 

  

	 	i)	new Engines originally installed on each Firm Aircraft, Option Aircraft, or Rolling Option Aircraft which are acquired pursuant to this Contract;

  

	 	ii)	the Spare Engines and Option Spare Engines which are acquired pursuant to this Contract; and 

 

	 	iii)	the Engines acquired in March 2006 from Atlantic Aircraft Holding Limited (Engine serial numbers V12144, V12146, V12170 and V12172) 

 

	  	in each case, which are operated by Vuela during the Period of Guarantee (the “Eligible Engines”)? 

 

	  	Engines shall remain Eligible Engines provided that Vuela or its authorized maintenance facility maintains them in accordance with the instructions and recommendations
of IAE and the Aircraft Manufacturer contained in the applicable IAE and Aircraft Manufacturer publications including the latest electronic Maintenance Management Plan (“eMMP”) for Vuela. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 94 of 111

	  	The eMMP shall establish maintenance requirements including LLP management, incorporation of applicable Target Service Bulletins and Aviation Authority airworthiness
directive requirements, and Eligible Engine removal planning. The customized eMMP shall be no less rigorous than the instructions for continued airworthiness of the Aircraft issued by the Airbus and production approval holders of components of the
Aircraft and shall comply with all requirements of the applicable Aviation Authority, so long as such Aviation Authority imposes aircraft maintenance standards which are not materially different from those standards imposed by the FAA. The scope of
the eMMP shall not be limited to the coverage of the requirements of this Contract. 

  
 Page 95 of 111

	III.	DUPLICATION OF BENEFITS 

  

	  	The intent of the Guarantees is to provide specified benefits to Vuela as a result of the failure of Eligible Engines to achieve the reliability or performance level
stipulated in the Guarantees. It is not the intent, however, to duplicate benefits provided to Vuela under any other applicable guarantee, sales warranty, service policy, or any special benefit of any kind as a result of the same failure.

  

	  	Therefore, except as provided in Clause 4.6 of the Contract, the terms and conditions of each Guarantee notwithstanding, if the terms of any Guarantee should make
duplicate benefits available to Vuela from IAE or any third-party as a result of the failure of an Eligible Engine to achieve the reliability or performance level stipulated in the Guarantees, Vuela may elect to receive the benefits accruing as a
result of such failure under any single Guarantee, but may not receive benefits under any other Guarantee, sales warranty, service policy or any special benefit provided by IAE other than those set forth in Clause 4.6 of the Contract.

  
 Page 96 of 111

 Exhibit D-5 

V2500 Reliability Guarantee 
  

	I	INTRODUCTION 

  

	  	IAE assures Vuela that by the end of the ***** year period commencing with Vuela’s first commercial operation of Aircraft powered by V2500 Engines, the cumulative
Engine Shop Visit Rate will not exceed a Guaranteed Rate of ***** per ***** Eligible Engine flight hours for the A320 fleet of Aircraft. Under this Guarantee, if the cumulative Engine Shop Visit Rates exceed the Guaranteed Rates, IAE will credit
Vuela’s account with IAE an amount of ***** for each Eligible Engine Shop Visit determined to have been in excess of the Guaranteed Rates. 

  

	II	GUARANTEE 

  

	 	A.	Period of Guarantee 

  

	 	  	The Period of Guarantee will start on the date Vuela initiates commercial operation of its first Aircraft powered by Eligible Engines and will terminate ***** years
from that date. 

  

	 	B.	Eligible Shop Visits 

  

	 	  	Eligible Shop Visits shall comprise the shop visits of Eligible Engines required for the following reasons: 

 

	 	1.	a Failure of a Part in such Eligible Engines; 

  

	 	2.	foreign object damage caused by the non-negligent ingestion of birds, hailstones or runway gravel; 

 

	 	3.	an Airworthiness Directive issued by the applicable Certification Authority; 

 

	 	4.	maintenance as recommended by IAE; and 

  

	 	5.	removal for LLP time expiration so long as minimum build cycle requirement pursuant to the Maintenance Management Plan is adhered to. 

 

	 	C.	Reporting of Engine Shop Visits and Engine Flight Hours 

  

	 	  	Eligible Shop Visits shall be reported to IAE by Vuela within thirty (30) days after the date of such Engine Shop Visit using IAE Form SVR Rev 1,
July 95 together with such other information as may be needed to determine the Eligibility of the Engine Shop Visit. Each such Form shall be verified by an authorized IAE Representative before submission. Should it be necessary for him to
disqualify a reported Engine Shop Visit, supporting information will be furnished. 

  

	 	  	Flight hours accumulated by Eligible Engines during each month during the Period of Guarantee shall be reported by Vuela within ***** days after each month’s
end to IAE on IAE Form SVR Rev 1, July 95 unless other procedures are established for the reporting of flight hours. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 97 of 111

	 	D.	Credit Allowance Calculation 

  

	 	  	A credit of ***** will be granted by IAE for each Eligible Engine Shop Visit determined as calculated below to be in excess of the Guaranteed Rate during the Period of
Guarantee. An annual calculation will be made no later than ***** days after each yearly anniversary of the commencement of the Period of Guarantee provided that the necessary Engine Shop Visit records and Eligible Engine flight hour
information have been reported to IAE. 

  

	 	  	Each annual calculation will be made using data that will be cumulative from the start of the Period of Guarantee. An interim credit will be granted, if necessary,
following the annual calculations for the second year and each subsequent year of the Period of Guarantee. If subsequent annual calculations show that on a cumulative basis, a previous interim credit (or portion thereof) was excessive, such excess
amount shall be subject to repayment which will be effected by IAE issuing a debit against Vuela’s account with IAE. Credits and debits will be applied to Vuela’s account with IAE not later than thirty (30) days following a
calculation for the second year and each subsequent year of the Period of Guarantee, as applicable. 

  

	 	  	Credit Allowance = (AR - GR) x ***** 

  

	 	  	Where: 

  

					
	AR	  	=	  	Total Eligible Engine Shop Visits during the period of the calculation.
			
	GR	  	=	  	***** x total Engine flight hours accumulated on Eligible Engines during the period of the calculation.
			
		  		  	(NOTE: GR will be rounded to the nearest whole number.)

  

	III	DEFINITIONS AND CONDITIONS 

  

	 	A.	All of the Definitions and General Conditions of the V2500 Engine and Parts Service Policy shall apply to this Guarantee. In the case of conflict between the
Definitions and General Conditions of the Service Policy and the terms and conditions of this Guarantee, this Guarantee shall govern. 

  

	 	B.	The Guaranteed Rate is predicated on the operation by Vuela of the Eligible Engines in accordance with the Specific Conditions. IAE reserves the right to make
appropriate adjustments to the Guaranteed Rate if there is, during the Period of Guarantee, a variation from the Specific Conditions which results in a material change to IAE’s risk. Such adjustments shall be made by IAE in good faith using the
same methodology used to calculate the original guarantee rate will be that generally used by IAE for other operators, and shall not adversely impact nor improve IAE’s risk position from that which was undertaken by IAE with the original
guaranteed rate. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 98 of 111

	 	C.	In the event credits are issued under this Guarantee, such credits shall be dedicated to the procurement of Parts aimed at correction of the situations contributing to
exceedance of the Guarantee. Accordingly, Vuela and IAE shall establish jointly the modifications or Parts to be selected, and Vuela shall incorporate the modifications or Parts selected into the Eligible Engines. 

  
 Page 99 of 111

 Exhibit D-6 

V2500 Delay and Cancellation 
  

	I	INTRODUCTION 

  

	  	IAE assures Vuela that by the end of the ***** year period commencing with Vuela’s first commercial operation of Aircraft powered by V2500 Engines, the cumulative
Engine-caused Delay and Cancellation Rate will not exceed a Guaranteed Rate of ***** per ***** Aircraft departures. Under this Guarantee, if the cumulative Engine-caused Delay and Cancellation Rate is determined to have exceeded the Guaranteed Rate
over the Period of Guarantee, IAE will credit Vuela’s account with IAE an amount of ***** for each excess Eligible Delay and Cancellation determined to have been in excess of the Guaranteed Rate. 

 

	II	GUARANTEE 

  

	 	A.	Period of Guarantee 

  

	 	  	The Period of Guarantee will start on the date Vuela initiates commercial operation of its first Aircraft powered by Eligible Engines and will terminate ***** years
from that date. 

  

	 	B.	Eligible Delay 

  

	 	  	An Eligible Delay shall occur when by a Failure of a Part in an Eligible Engine installed in an Aircraft is the sole cause of a delay in the final Departure of
that Aircraft by more than fifteen minutes after its programmed Departure in either of the following instances: 

  

	 	1.	an originating flight departing later than its scheduled Departure time; or 

 

	 	2.	a through flight or a turnaround flight remaining on the ground longer than its scheduled ground time. 

 

	 	C.	Eligible Cancellation 

  

	 	  	A single Cancellation shall occur when a Failure of a Part in an Eligible Engine installed in an Aircraft is the sole cause of the elimination of a Departure in
either of the following instances: 

  

	 	1.	cancellation of a trip comprising a single flight leg; or 

  

	 	2.	cancellation of any or all of the flight legs of a multiple leg trip. 

  

	 	  	A Departure which is cancelled after an Eligible Delay shall be an Eligible Cancellation not an Eligible Delay. 

 

	 	  	Consecutive Delays and Cancellations for the same problem because corrective action had not been taken will be excluded. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 100 of 111

	 	D.	Departure 

  

	 	  	A Departure comprises the movement of an Aircraft from the blocks for the purpose of an intended scheduled revenue flight provided that there can be only one Departure
for each intended flight. 

  

	 	E.	Reporting of Eligible Delays and Cancellations 

  

	 	  	Eligible Delays and Cancellations shall be reported to IAE by Vuela within***** days after the date of such Delay or Cancellation using IAE Form DC Rev 1,
July 95, together with such other information as may be needed to determine the Eligibility of the Delay or Cancellation. Each such Form shall be verified by an authorized IAE Representative before submission. Should it be necessary for
him to disqualify a reported Delay or Cancellation, supporting information will be furnished. 

  

	 	  	Departures accumulated by Eligible Engines during each month during the Period of Guarantee shall be reported by Vuela within ***** days after each month’s
end to IAE on IAE Form DC Rev 1, July 95, unless other procedures are established for the reporting of Departures. 

  

	 	F.	Credit Allowance Calculation 

  

	 	  	A credit of ***** will be granted by IAE for each Eligible Delay and Eligible Cancellation determined as calculated below to be in excess of the Guaranteed Rate during
the Period of Guarantee. An annual calculation will be made no later than ***** days after each yearly anniversary of the commencement of the Period of Guarantee provided that the necessary records of Delays, Cancellation and Departure have
been reported to IAE. 

  

	 	  	Each annual calculation will be made using data that will be cumulative from the start of the Period of Guarantee. An interim credit will be granted, if necessary,
following the annual calculations for the first year and each subsequent year of the Period of Guarantee. If subsequent annual calculations show that on a cumulative basis, a previous interim credit (or portion thereof) was excessive, such excess
amount shall be subject to repayment which will be effected by IAE issuing a debit against Vuela’s account with IAE. Credits and debits will be applied to Vuela’s account with IAE not later than ***** days following a calculation for
the second year and each subsequent year of the Period of Guarantee, as applicable. 

  

	 	  	Credit Allowance = (ADC - GDC) ***** 

  

	 	  	Where: 

  

							
		  	ADC	  	=	  	Total qualifying actual Engine Caused Delays and Cancellations claimed and accepted as eligible during the applicable period of the calculation.
				
		  	GDC	  	=	  	***** x total Departures accumulated on Eligible Engines during the applicable period of calculation.

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 101 of 111

	III	DEFINITIONS AND CONDITIONS 

  

	 	A.	All of the Definitions and General Conditions of the V2500 Engine and Parts Service Policy shall apply to this Guarantee. In the case of conflict between the
Definitions and General Conditions of the Service Policy and the terms and conditions of this Guarantee, this Guarantee shall govern. 

  

	 	B.	The Guaranteed Rate is predicated on the operation by Vuela of the Eligible Engines in accordance with the Specific Conditions. IAE reserves the right to make
appropriate adjustments to the Guaranteed Rate if there is, during the Period of Guarantee, a variation from the Specific Conditions which results in a material change to IAE’s risk. Such adjustments shall be made by IAE in good faith using the
same methodology used to calculate the original guarantee rate , will be that generally used by IAE for other operators, and shall not adversely impact nor improve IAE’s risk position from that which was undertaken by IAE with the original
guaranteed rate. 

  

	 	C.	In the event credits are issued under this Guarantee, such credits shall be dedicated to the procurement of Parts aimed at correction of the situations contributing to
exceedance of the Guarantee. Accordingly, Vuela and IAE shall establish jointly the modifications or Parts to be selected, and Vuela shall incorporate the modifications or Parts selected into the Eligible Engines. 

  
 Page 102 of 111

 Exhibit C-7 

V2500 Inflight Shutdown Guarantee 
  

	I	INTRODUCTION 

  

	  	IAE assures Vuela that by the end of the ***** year period commencing with Vuela’s first commercial operation of Aircraft powered by V2500 Engines, the cumulative
Engine Inflight Shutdown Rate will not exceed a Guaranteed Rate of ***** per ***** Eligible Engine flight hours. Under this Guarantee, if the cumulative Eligible Inflight Shutdown Rate is determined to have exceeded the Guaranteed Rate over the
Period of Guarantee, IAE will credit Vuela’s account with IAE an amount of ***** for each Eligible Inflight Shutdown determined to have been in excess of the Guaranteed Rate. 

 

	II	GUARANTEE 

  

	 	A.	Period of Guarantee 

  

	 	  	The Period of Guarantee will start on the date Vuela initiates commercial operation of its first Aircraft powered by Eligible Engines and will terminate ***** years
from that date. 

  

	 	B.	Eligible Inflight Shutdowns 

  

	 	  	Eligible Inflight Shutdowns shall comprise the inflight shutdown of an Eligible Engine during a scheduled revenue flight which is determined to have been caused by a
Failure of a Part of such Engine. Multiple inflight shutdowns of the same Engine during the same flight leg for the same problem will be counted as one Eligible Inflight Shutdown. A subsequent inflight shutdown on a subsequent flight leg for
the same problem because corrective action has not been taken will be excluded. 

  

	 	C.	Reporting of Eligible Inflight Shutdowns 

  

	 	  	Eligible Inflight Shutdowns shall be reported to IAE by Vuela within ***** days after the date of such Inflight Shutdown using IAE Form IFSD Rev 1,
July 95 together with such other information as may be needed to determine the Eligibility of the Inflight Shutdown. Each such Form shall be verified by an authorized IAE Representative before submission. Should it be necessary for him to
disqualify a reported Inflight Shutdown, supporting information will be furnished. 

  

	 	  	Flight hours accumulated by Eligible Engines during each month during the Period of Guarantee shall be reported by Vuela within ***** days after each month’s
end to IAE on IAE Form IFSD Rev 1, July 95 unless other procedures are established for the reporting of flight hours. 

  

	 	D.	Credit Allowance Calculation 

  

	 	  	A credit of ***** will be granted by IAE for each Eligible Inflight Shutdown determined as calculated below to be in excess of the Guaranteed 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 103 of 111

	 	  	Rate during the Period of Guarantee. An annual calculation will be made no later than sixty (60) days after each yearly anniversary of the commencement of the
Period of Guarantee provided that the necessary Inflight Shutdown records and Eligible Engine flight hour information have been reported to IAE. 

  

	 	  	Each annual calculation will be made using data that will be cumulative from the start of the Period of Guarantee. An interim credit will be granted, if necessary,
following the annual calculations for the second year and each subsequent year of the Period of Guarantee. If subsequent annual calculations show that on a cumulative basis, a previous interim credit (or portion thereof) was excessive, such excess
amount shall be subject to repayment which will be effected by IAE issuing a debit against Vuela’s account with IAE. Credits and debits will be applied to Vuela’s account with IAE not later than ***** days following a calculation for
the second year and each subsequent year of the Period of Guarantee, as applicable. 

  

	 	  	The Credit Allowance = (AI - GI) x ***** 

  

	 	  	Where: 

  

									
		 		 	AI	  	=	  	Total Eligible Inflight Shutdowns during the period of the calculation;
					
		 		 	GI	  	=	  	***** x total Engine flight hours accumulated on Eligible Engines during the period of the calculation.
					
		 		 		  		  	(NOTE: GI will be rounded to the nearest whole number.)

  

	III	DEFINITIONS AND CONDITIONS 

  

	 	A.	All of the Definitions and General Conditions of the V2500 Engine and Parts Service Policy shall apply to this Guarantee. In the case of conflict between the
Definitions and General Conditions of the Service Policy and the terms and conditions of this Guarantee, this Guarantee shall govern. 

  

	 	B.	The Guaranteed Rate is predicated on the operation by Vuela of the Eligible Engines in accordance with the Specific Conditions. IAE reserves the right to make
appropriate adjustments to the Guaranteed Rate if there is, during the Period of Guarantee, a variation from the Specific Conditions which results in a material change to IAE’s risk. Such adjustments shall be made by IAE in good faith using the
same methodology used to calculate the original guarantee rate, will be that generally used by IAE for other operators, and shall not adversely impact nor improve IAE’s risk position from that which was undertaken by IAE with the original
guaranteed rate. 

  

	 	C.	In the event credits are issued under this Guarantee, such credits shall be dedicated to the procurement of Parts aimed at correction of the situations contributing to
exceedance of the Guarantee. Accordingly, Vuela and IAE shall establish jointly the modifications or Parts to be selected, and Vuela shall incorporate the modifications or Parts selected into the Eligible Engines. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 104 of 111

 Exhibit D-8 

V2500 Fuel Consumption Retention Guarantee 
  

	I	INTRODUCTION 

  

	  	IAE assures Vuela that during the ***** year period commencing with Vuela’s first commercial operation of Aircraft powered by V2500-A5 Engines, the fleet average
cruise fuel consumption for Eligible Engines will not have increased by more than a Guaranteed Rate of *****. Under this Guarantee, if the fleet average cruise fuel consumption for Eligible Engines exceeds the Guaranteed Rate at the end of the
Guarantee Period, IAE will credit Vuela’s account with IAE an amount in respect of excess fuel consumed for that portion of the Period of the Guarantee that the Guarantee level has been exceeded. 

 

	II	GUARANTEE 

  

	 	A.	Period of Guarantee 

  

	 	  	The Period of Guarantee will start on the date Vuela initiates commercial operation of its first Aircraft powered by Eligible Engines and will terminate ***** years
from that date. 

  

	 	B.	Fuel Consumption Measurement 

  

	 	  	The inflight data required for administration of this Guarantee will be obtained by Vuela during stable cruise conditions using ECM data recordings and the ECM II
software available from IAE (requires the ECM sales order option from Airbus). 

  

	 	  	Provided that: 

  

	 	1.	the fuel consumption data for any Eligible Engine on which the engine parameters indicate a possible malfunction (including associated Aircraft systems), other than
normal gas path deterioration, that is subsequently confirmed by maintenance action will not be considered acceptable data, and 

  

	 	2.	data which is obviously inaccurate under normal engine monitoring practices will not be considered acceptable data; this type of data will be rejected unless Vuela
validity checks have established that Total Air Temperature, Fuel Flow Aircraft and Engine Bleed Systems and other Aircraft parameters are within normal operating ranges. 

 

	 	C.	Periodic Fleet Average Cruise Fuel Consumption Deterioration 

  

	 	  	The Periodic Fleet Average Cruise Fuel Consumption Deterioration shall be the average of the Cruise Fuel Flow Deterioration for all installed Eligible Engines for a
***** day reporting period. This is to be reported to IAE every ***** days. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 105 of 111

	 	D.	Fleet Average Cruise Fuel Consumption Deterioration 

  

	 	  	The Fleet Average Cruise Fuel Consumption Deterioration is the average of the Periodic Fleet Average Cruise Fuel Consumption Deterioration values for all ***** day
periods during the Period of Calculation (cumulative from start of Period of Guarantee to end of the *****, *****, *****, and *****years). 

  

	 	E.	Operational Data 

  

	 	  	Vuela shall provide the following data to IAE as indicated during the Period of the Guarantee: 

 

	 	1.	Total quantity of fuel consumed by Eligible Engines during the Period (U.S. Gallons), every ***** days. 

 

	 	2.	Average cost of fuel to Vuela over the Period of Guarantee (U.S. Dollars per U.S. Gallon), every ***** days. 

 

	 	3.	Aircraft operating hours for each ***** day period during the Period of Guarantee. 

 

	 	4.	Engine maintenance action information, as requested. 

  

	 	F.	Excess Fuel Consumption Credit Calculation 

  

	 	  	If at the end of each Period of Calculation the Fleet Average Fuel Consumption Deterioration exceeds the Guaranteed Rate, IAE will grant Vuela a credit in respect to
excess fuel consumption calculated in accordance with the following formula: 

  

	 	  	C = (D-GR)% YHF 

  

	 	  	Where: 

  

							
				
		 	C	  	=	  	the amount of the credit in U.S. dollars
				
		 	D	  	=	  	the Fleet Average Fuel Consumption Deterioration (in percent)
				
		 	GR	  	=	  	the Guaranteed Rate
				
		 	Y	  	=	  	initial cruise fuel flow of new Eligible Engines expressed in U.S. gallons per hour to be established within ***** days of start of operation (per ECM II
program)
				
		 	H	  	=	  	the total of all flight hours flown by Vuela’s Eligible Engines during that portion of the Period of Guarantee that the Guarantee level has been exceeded.
				
		 	F	  	=	  	The average net cost to Vuela in U.S. Dollars per U.S. Gallon of aviation fuel consumed by Vuela during the Period of Guarantee.

  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Page 106
of 111 

	III	DEFINITIONS AND CONDITIONS 

  

	 	A.	All of the Definitions and General Conditions of the V2500 Engine and Parts Service Policy shall apply to this Guarantee. In the case of conflict between the
Definitions and General Conditions of the Service Policy and the terms and conditions of this Guarantee, this Guarantee shall govern. 

  

	 	B.	The Guaranteed Rate is predicated on the operation by Vuela of the Eligible Engines in accordance with the Specific Conditions. IAE reserves the right to make
appropriate adjustments to the Guaranteed Rate if there is, during the Period of Guarantee, a variation from the Specific Conditions which results in a material change to IAE’s risk. Such adjustments shall be made by IAE in good faith using the
same methodology used to calculate the original guarantee rate , will be that generally used by IAE for other operators, and shall not adversely impact nor improve IAE’s risk position from that which was undertaken by IAE with the original
guaranteed rate. 

  

	 	C.	In the event credits are issued under this Guarantee, such credits shall be dedicated to the procurement of Parts aimed at correction of the situations contributing to
exceedance of the Guarantee. Accordingly, Vuela and IAE shall establish jointly the modifications or Parts to be selected, and Vuela shall incorporate the modifications or Parts selected into the Eligible Engines. 

  
 Page 107 of 111

 Exhibit D-9 

V2500 Exhaust Gas Temperature Guarantee 
  

	I	INTRODUCTION 

  

	  	IAE assures Vuela that during the Period of Guarantee, the maximum stabilized takeoff exhaust gas temperature will not exceed the Certified Limit. Under this Guarantee
if it is confirmed that the Certified Limit has been exceeded, IAE will credit Vuela’s account with IAE in the amount of *****. For the purpose of this Guarantee, the Certified Limit is exceeded if the Engine will not achieve the specified
engine pressure ratio for takeoff thrust without exceeding the Certified Limit for its Exhaust Gas Temperature. 

  

	II	GUARANTEE 

  

	 	A.	Period of Guarantee 

  

	 	  	The Period of Guarantee for each Eligible Engine will start on the date Vuela initiates commercial operation of the first Aircraft powered by such Engine and will
terminate upon the completion of the first shop visit of each such Eligible Engine hereunder. 

  

	 	B.	Restoration of Installed Engine 

  

	 	  	If during the Period of Guarantee, the maximum stabilized takeoff exhaust gas temperature of an Eligible Engine installed in an Aircraft operated by Vuela exceeds the
Certified Limit, Vuela shall undertake on-wing Engine maintenance recommended by IAE, with technical assistance provided by IAE, to restore the performance of that Engine. 

 

	 	C.	Calibration of Removed Engine 

  

	 	  	If the performance of an installed Eligible Engine cannot be restored by the maintenance recommended under Section II, Paragraph C, Vuela shall promptly remove
such Engine from the Aircraft and dispatch it at its cost for calibration in an IAE designated test cell. If such calibration verifies that the exhaust gas temperature of the Engine is not in excess of the Certified Limit or it is established that
any excess is due to causes which are excluded by the General Conditions in Section III, then the cost of such test cell calibration and associated transportation will be borne by Vuela. 

 

	 	D.	Credit Allowance 

  

	 	  	A credit of ***** will be granted by IAE for each event not meeting the requirements set forth in Section I of this guarantee and as verified by Section II,
Paragraph D above. 

  

	III	DEFINITIONS AND CONDITIONS 

  

	 	A.	All of the Definitions and General Conditions of the V2500 Engine and Parts Service Policy shall apply to this Guarantee. In the case of conflict between the
Definitions and General Conditions of the Service Policy and the terms and conditions of this Guarantee, this Guarantee shall govern. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 108 of 111

	 	B.	The Guaranteed Rate is predicated on the operation by Vuela of the Eligible Engines in accordance with the Specific Conditions. IAE reserves the right to make
appropriate adjustments to the Guaranteed Rate if there is, during the Period of Guarantee, a variation from the Specific Conditions which results in a material change to IAE’s risk. Such adjustments shall be made by IAE in good faith using the
same methodology used to calculate the original guarantee rate , will be that generally used by IAE for other operators, and shall not adversely impact nor improve IAE’s risk position from that which was undertaken by IAE with the original
guaranteed rate. 

  

	 	C.	In the event credits are issued under this Guarantee, such credits shall be dedicated to the procurement of Parts aimed at correction of the situations contributing to
exceedance of the Guarantee. Accordingly, Vuela and IAE shall establish jointly the modifications or Parts to be selected, and Vuela shall incorporate the modifications or Parts selected into the Eligible Engines. 

  
 Page 109 of 111

 Exhibit D-10 

V2500 Remote Site Removal Guarantee 
  

	I	INTRODUCTION 

  

	  	IAE assures Vuela that by the end of the Period of Guarantee, the cumulative Remote Site Removal Rate shall not exceed a Guaranteed Rate of ***** per *****Eligible
Engine flight hours for the Aircraft. Under this Guarantee, if the cumulative Eligible Remote Site Removal Rate is determined to have exceeded the Guaranteed Rate over the Period of Guarantee, IAE shall credit Vuela’s account with IAE an amount
of ***** for each Eligible Remote Site Removal determined to have been in excess of the Guaranteed Rate. 

  

	II	GUARANTEE 

  

	 	A.	Period of Guarantee 

  

	 	  	The Period of Guarantee shall start on the date Vuela initiated commercial operation of its first Aircraft powered by Eligible Engines and shall terminate ***** year
from that date (“Period of Guarantee’). 

  

	 	B.	Eligible Remote Site Removals 

  

	 	  	Eligible Remote Site Removals shall be the removals of Eligible Engines from Aircraft at an Vuela line station, other than Vuela’s main base or a base established
by Vuela to perform routine Eligible Engine changes, which removal is determined to have been caused by a Failure of a Part of such Eligible Engine. 

  

	 	C.	Reporting of Remote Site Removals 

  

	 	  	Eligible Remote Site Removals shall be reported to IAE by Vuela in January of each year for the preceding year in an electronic form provided by IAE, together with
such other information as may be needed to determine the eligibility of each Remote Site Removal. Each such form shall be verified by an authorized IAE representative before submission. Should it be necessary for such representative to disqualify a
reported Remote Site Removal, supporting information shall be furnished. 

  

	 	  	Flight hours accumulated by Eligible Engines shall be reported to IAE by Vuela in January of each year for the preceding year in an electronic form provided by
IAE. This Guarantee shall only be administered where such information is provided to IAE by Vuela in a timely manner. 

  

	 	D.	Credit Allowance Calculation 

  

	 	  	A credit of ***** shall be granted by IAE for each Eligible Remote Site Removal determined as calculated below to be in excess of the Guaranteed Rate during the Period
of Guarantee. An annual calculation shall be made no later than ***** days after each yearly anniversary of the commencement of the Period of Guarantee provided that the necessary Remote Site Removal records and Eligible Engine flight hour
information have been reported to IAE. 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 110 of 111

	 	  	Each annual calculation shall be made using data that shall be cumulative from the start of the Period of Guarantee. An interim credit shall be granted, if necessary,
following the annual calculations for the second year and each subsequent year of the Period of Guarantee. Credits shall be applied to Vuela’s account with IAE not later than ***** days following a calculation for the second year and each
subsequent year of the Guarantee Period, as applicable. 

  

	 	  	Credit Allowance = (AR – GR) x ***** 

  

	 	  	Where: 

  

					
	AR	  	=	  	Total Eligible Remote Site Removals during the period of the calculation.
			
	GR	  	=	  	***** x total Engine flight hours accumulated on Eligible Engines during the period of the calculation.
			
		  		  	(Note: GR shall be rounded to the nearest whole number)

  

	III	DEFINITIONS AND CONDITIONS 

  

	 	A.	All of the Definitions and General Conditions of the V2500 Engine and Parts Service Policy shall apply to this Guarantee. In the case of conflict between the
Definitions and General Conditions of the Service Policy and the terms and conditions of this Guarantee, this Guarantee shall govern. 

  

	 	B.	The Guaranteed Rate is predicated on the operation by Vuela of the Eligible Engines in accordance with the Specific Conditions. IAE reserves the right to make
appropriate adjustments to the Guaranteed Rate if there is, during the Period of Guarantee, a variation from the Specific Conditions which results in a material change to IAE’s risk. Such adjustments shall be made by IAE in good faith using the
same methodology used to calculate the original guarantee rate , will be that generally used by IAE for other operators, and shall not adversely impact nor improve IAE’s risk position from that which was undertaken by IAE with the original
guaranteed rate. 

  

	 	C.	In the event credits are issued under this Guarantee, such credits shall be dedicated to the procurement of Parts aimed at correction of the situations contributing to
exceedance of the Guarantee. Accordingly, Vuela and IAE shall establish jointly the modifications or Parts to be selected, and Vuela shall incorporate the modifications or Parts selected into the Eligible Engines. 

T x H x R 
    ***** 

X 
 H 

- 
 R2 

***** 

  
  

	*****	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

					
		  		  	Page 111 of 111EX-10.10

 Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the
information subject to the confidentiality request. Omissions are designated as [*****]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. 

Exhibit 10.10 
 A320 FAMILY 
 PURCHASE AGREEMENT 

BETWEEN 
 AIRBUS S.A.S. 
 as Seller 

AND 

CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V. 

as Buyer 

  
 Forward –
Page 1/4 

 CONTENTS 

 

			
	 CLAUSES
	 	 TITLES

	0	 	DEFINITIONS AND INTERPRETATION
		
	1	 	SALE AND PURCHASE
		
	2	 	SPECIFICATION
		
	3	 	PRICES
		
	4	 	PRICE REVISION
		
	5	 	PAYMENTS
		
	6	 	MANUFACTURE PROCEDURE—INSPECTION
		
	7	 	CERTIFICATION
		
	8	 	BUYER’S TECHNICAL ACCEPTANCE
		
	9	 	DELIVERY
		
	10	 	EXCUSABLE DELAY
		
	11	 	NON-EXCUSABLE DELAY
		
	12	 	WARRANTIES AND SERVICE LIFE POLICY
		
	13	 	PATENT AND COPYRIGHT INDEMNITY
		
	14	 	TECHNICAL DATA AND SOFTWARE SERVICES
		
	15	 	SELLER’S REPRESENTATIVES
		
	16	 	TRAINING AND TRAINING AIDS
		
	17	 	EQUIPMENT SUPPLIER PRODUCT SUPPORT
		
	18	 	BUYER FURNISHED EQUIPMENT
		
	19	 	INDEMNIFICATION AND INSURANCE
		
	20	 	TERMINATION
		
	21	 	ASSIGNMENTS AND TRANSFERS
		
	22	 	MISCELLANEOUS PROVISIONS

  
 Forward –
Page 2/4 

 CONTENTS 

 

			
	 EXHIBITS
	  	 TITLES

	 Exhibit A
	  	SPECIFICATION
		
	 Exhibit B
	  	FORM OF SPECIFICATION CHANGE NOTICE
		
	 Exhibit C
	  	PART 1 AIRFRAME PRICE REVISION FORMULA
		
		  	PART 2 AE ENGINE PRICE REVISION FORMULA
		
		  	PART 3 CFMI ENGINE PRICE REVISION FORMULA
		
	 Exhibit D
	  	FORM OF CERTIFICATE OF ACCEPTANCE
		
	 Exhibit E
	  	FORM OF BILL OF SALE
		
	 Exhibit F
	  	SERVICE LIFE POLICY—ITEMS OF PRIMARY STRUCTURE
		
	 Exhibit G
	  	TECHNICAL DATA INDEX
		
	 Exhibit H
	  	MATERIAL SUPPLY AND SERVICES

  
 Forward –
Page 3/4 

 A320 Family PURCHASE AGREEMENT 

This A320 Family Purchase Agreement (the “Agreement”) is made 28th October 2005 

BETWEEN: 
 AIRBUS S.A.S., a
société par actions simplifiée, legal successor of Airbus S.N.C., formerly known as Airbus G.I.E. created and existing under French law having its registered office at 1 Rond-Point Maurice Bellonte, 31707 Blagnac-Cedex,
France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814 (the “Seller”), 

and 
 CONTROLADORA VUELA
COMPAÑÍA DE AVIACIÓN, S. A. de C.V. a company organised under the laws of Mexico having its principal place of business at Blvd. Manuel Avila Camacho 36 Piso 22, Lomas de Chapultepec, 11000 Mexico, D.F. MEXICO (the
“Buyer”). 
 WHEREAS subject to the terms and conditions of this Agreement, the Seller desires to sell the Aircraft to
the Buyer and the Buyer desires to purchase the Aircraft from the Seller. 

  
 Forward –
Page 4/4 

 NOW THEREFORE IT IS AGREED AS FOLLOWS: 

 

	0	DEFINITIONS AND INTERPRETATION 

 In addition to words and terms elsewhere defined in this Agreement, the initially capitalised words and terms used in this Agreement shall have the meaning set out below. 

 

			
	Affiliate	  	means with respect to any person or entity, any other person or entity directly or indirectly controlling, controlled by or under common control with such person or entity. For the
purpose of this definition, “control” (including “controlled by” and “under control with”) means the power, directly or indirectly, to direct the management of such person, or the ownership of more than 50% of the
voting securities of such person.
		
	Aircraft	  	means either an (a) Airbus A319-100 or (b) A320-200 or (c) A321-200 aircraft including the Airframe, the Propulsion Systems, and any part, component, furnishing or equipment
installed on the Aircraft on Delivery under the terms and conditions of this Agreement.
		
	Aircraft Training Services	  	means all training courses, flight training, line training, flight assistance, line assistance, maintenance support, maintenance training (including Practical Training) or training
support performed on aircraft and provided to the Buyer pursuant to this Agreement.
		
	Airframe	  	means the Aircraft excluding the Propulsion Systems.
		
	Airframe Basic Price	  	has the meanings set out in Clauses 3.1.1, 3.2.1 and 3.3.1.
		
	Airframe Price Revision Formula	  	is set out in Part 1 of Exhibit C.
		
	Aviation Authority	  	means when used in respect of any jurisdiction the government entity, which under the laws of such jurisdiction has control over civil aviation or the registration, airworthiness or
operation of aircraft in such jurisdiction.
		
	Balance of Final Price	  	has the meaning set out in Clause 5.4.1.
		
	Basic Price	  	means, with respect to an Aircraft, the sum of the Airframe Basic Price and the Propulsion Systems Basic Price for such Aircraft.
		
	Bill of Sale	  	has the meaning set out in Clause 9.2.2.

  
 Clause 0
– Page 1/5 

			
	Buyer Furnished Equipment	    	has the meaning set out in Clause 18.1.1.
		
	Certificate of Acceptance	    	has the meaning set out in Clause 8.3.
		
	Default Rate	    	means the rate of default interest set forth in Clause 5.7.
		
	Delivery	    	means the tender of possession and transfer of title to the Aircraft from the Seller to the Buyer in accordance with Clause 9.
		
	Delivery Date	    	means the date on which Delivery occurs.
		
	Delivery Location	    	means the facilities of the Seller at the location of final assembly of the Aircraft.
		
	Engine Basic Prices	    	means the prices of a set of Engines as set out in Clauses 3.1.2, 3.2.2 and 3.3.2.
		
	Engine Manufacturer	    	means the manufacturer of the Engines as set out in Clause 2.2.
		
	Engine Reference Prices	    	means the reference prices of a set of Engines as set out in Prices 2 and 3 of Exhibit C.
		
	Engine Price Revision Formulae	    	is set out in Parts 2 and 3 of Exhibit C.
		
	Excusable Delay	    	has the meaning set out in Clause 10.1.
		
	Export Airworthiness Certificate	    	means an export certificate of airworthiness issued by the Aviation Authority of the Delivery Location.
		
	Final Price	    	has the meaning set out in Clause 3.4.
		
	Ground Training Services	    	means all training courses performed in classrooms (classical or Airbus CBT courses), full flight simulator sessions, fixed base simulator sessions, field trips and any other
services provided to the Buyer on the ground pursuant to this Agreement and which are not Aircraft Training Services.
		
	Manufacture Facilities	    	means the various manufacture facilities of the Seller, its Affiliates or any sub-contractor, where the Airframe or its parts are manufactured or assembled.
		
	Material	    	has the meaning set out in Clause 1.1 of Exhibit H.

  
 Clause 0
– Page 2/5 

			
	Non-Excusable Delay	    	has the meaning set out in Clause 11.1.
		
	Predelivery Payment	    	means the payment(s) made or determined in accordance with Clause 5.3.
		
	Propulsion Systems	    	has the meaning set out in Clause 2.2.
		
	Propulsion Systems Manufacturer	    	means the manufacturer of the Propulsion Systems as set out in Clause 2.2.
		
	Ready for Delivery	    	means, with respect to an Aircraft, the time when (i) the Technical Acceptance Process has been successfully completed for such Aircraft and (ii) the Export Airworthiness
Certificate has been issued for such Aircraft.
		
	Scheduled Delivery Month	    	has the meaning set out in Clause 9.1.
		
	Seller’s Representatives	    	means the representatives of the Seller referred to in Clause 15.2.
		
	Seller Representatives Services	    	means the services provided by the Seller to the Buyer and from the Buyer to the Seller pursuant to Clause 15.
		
	Seller Service Life Policy	    	has the meaning set out in Clause 12.2.
		
	Spare Parts	    	means the items of equipment and material which may be provided pursuant to Exhibit H.
		
	Specification Change Notice or SCN	    	means an agreement in writing between the parties to amend the Specification pursuant to Clause 2.
		
	Specification	    	means with respect to each Aircraft type either (a) the Standard Specification if no SCNs are applicable or (b) if SCNs are issued, the Standard Specification as amended by all
applicable SCNs.

  
 Clause 0
– Page 3/5 

			
	Standard Specification	  	 means either :
  

(a)    the A319-100 standard specification document number *****, with the design
weights
  

MTOW     *****
  

MLW        *****

 
 MZFW      *****

 
 (b)    the
A320-200 standard specification document number *****, with the design weights
  
 MTOW      *****
  
 MLW         *****
  

MZFW       *****
  

(c)    the A321-200 standard specification document number *****, with the design
weights
  

MTOW      *****
  

MLW         *****

 
 MZFW       *****

copies of which have been annexed hereto as Exhibit A.

		
	Supplier	  	has the meaning set out in Clause 12.3.1.1.
		
	Supplier Part	  	has the meaning set out in Clause 12.3.1.2.
		
	Supplier Product Support Agreement	  	has the meaning set out in Clause 12.3.1.3.
		
	Technical Data	  	has the meaning set out in Clause 14.1.
		
	Total Loss	  	has the meaning set out in Clause 10.4.
		
	Type Certificate	  	has the meaning set out in Clause 7.1.
		
	Warranted Part	  	has the meaning set out in Clause 12.1.1.

  

	0.1	Clause headings and the Index are inserted for convenience of reference only and shall be ignored in the interpretation of this Agreement.

  

	0.2	In this Agreement unless the context otherwise requires: 

  

	 	(a)	references to Clauses, Appendices and Exhibits are to be construed as references to the Clauses of, and Appendices and Exhibits to this Agreement and references to this
Agreement include its Schedules, Exhibits and Appendices; 

  

	 	(b)	words importing the plural shall include the singular and vice versa; and 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 0
– Page 4/5 

	 	(c)	references to a person shall be construed as including, without limitation, references to an individual, firm, company, corporation, unincorporated body of persons and
any state or agency of a state. 

  
 Clause 0
– Page 5/5 

	1	SALE AND PURCHASE 

 The
Seller shall manufacture, sell and deliver and the Buyer shall buy and take delivery of sixteen (16) Aircraft on the Delivery Date at the Delivery Location upon the terms and conditions contained in this Agreement. 

  
 Clause 1
– Page 1/1 

	2	SPECIFICATION 

  

	2.1	Airframe Specification 

  

	2.1.1	Specification 

 The
Airframe shall be manufactured in accordance with the Standard Specification, as modified or varied prior to the date of this Agreement by the Specification Change Notices listed in Appendix 1 to Exhibit A. 

 

	2.1.2	Specification Change Notice (SCN) 

 The Specification may be amended by written agreement between the parties in a Specification Change Notice. Each Specification Change Notice shall be substantially in the form set out in Exhibit B and
shall set out in detail the particular change to be made to the Specification and the effect, if any, of such change on design, performance, weight, time of Delivery of the affected Aircraft, and on the text of the Specification. An SCN may result
in an adjustment of the Basic Price which adjustment, if any, will be specified in the SCN. 
 In order to avoid delay in the
agreement caused by major changes, the effect thereof on the price of the Aircraft may occasionally be expressed in the SCN form as a maximum increase or minimum decrease in the price, the actual effect being later agreed. All pricing with respect
to new SCNs and amendments to SCNs shall be on a nondiscriminatory basis as among Buyer and other buyers of such similar aircraft. 
  

	2.1.3	Development Changes 

 The
Specification may also be revised by the Seller without the Buyer’s consent in order to incorporate development changes, provided that such changes do not adversely affect the price, time of Delivery, weight or performance of the Aircraft,
interchangeability or replaceability requirements under the Specification. In any other case the Seller shall issue to the Buyer a Manufacturer Specification Change Notice which will be subject to Buyer’s acceptance. Development changes are
changes deemed necessary by the Seller to improve the Aircraft, prevent delay or ensure compliance with this Agreement. 
  

	2.1.4	Specification Change Notices for Certification 

 The provisions relating to Specification Change Notices for certification are set out in Clauses 7.2 and 7.3. 
  

	2.1.5	Buyer Import Requirements 

The provisions relating to Specification Change Notices for Buyer import requirements are set out in Clause 7.4. 

  
 Clause 2
– Page 1/2 

	2.1.6	Inconsistency 

 In the
event of any inconsistency between the Specification and any other part of this Agreement, this Agreement shall prevail to the extent of such inconsistency. 
  

	2.2	Propulsion Systems 

 The
Airframe can be equipped either with a set of INTERNATIONAL AERO Engines or CFM INTERNATIONAL Engines (the “Engines”), including nacelles and thrust reversers (together the “Propulsion Systems”). 

 

	2.2.1	Propulsion Systems selection lead time 

 The Buyer shall select one of the above Propulsion System Manufacturers for all or any of the Aircraft and notify in writing the Seller ***** 

 

	2.2.2	Engines Types 

 The
Aircraft can be equipped with a set of two (2) of the following Engines: 
 - For the A319-100: 

CFM INTERNATIONAL 56-5B5/P 
 or 
 INTERNATIONAL AERO ENGINE V2522-A5 

- For the A320-200: 
 CFM INTERNATIONAL 56-5B6/P 
 or 

INTERNATIONAL AERO ENGINE V2527-A5 
 - For the A321-200: 
 CFM INTERNATIONAL 56-5B3/P 

or 

INTERNATIONAL AERO ENGINE V2533-A5 
  

	2.3	Customisation Milestones Chart 

 Within a reasonable period of time following signature of the Agreement, the Seller shall provide the Buyer with a Customisation Milestones Chart setting out the minimum lead times prior to the Scheduled
Delivery Month of the Aircraft when a mutual agreement shall be reached (execution of an SCN) in order to integrate into the Specification any items requested by the Buyer from the Specification Changes Catalogues made available by the Seller.

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 2
– Page 2/2 

	3	PRICES 

  

	3.1	A319-100 Basic Price 

  

	3.1.1	The A319-100 Airframe Basic Price is the sum of: 

  

	 	(i)	the basic price of the Airframe as defined in the A319-100 Standard Specification (excluding Buyer Furnished Equipment), including nacelles and thrust reversers, which
is: 

  

	 	    	USD ***** 

  

	 	    	(US Dollars ***** 

  

	 	(ii)	the sum of the basic prices of all SCNs set forth in Appendix 1.1 to Exhibit “A”, which is: 

 

	 	    	USD ***** 

  

	 	    	(US Dollars ***** 

 The A319-100
Airframe Basic Price corresponds to a theoretical delivery in ***** (the “Base Period”). 
  

	3.1.2	A319-100 Engines Basic Prices 

The basic price of a set of INTERNATIONAL AERO ENGINES V2522-A5, excluding nacelles and thrust reversers is 

 

	 	    	USD ***** 

  

	 	    	(US Dollars ***** 

 The basic
price of a set of CFM INTERNATIONAL Engines CFM 56-5B5/P, excluding nacelles and thrust reversers is 
  

	 	    	USD ***** 

  

	 	    	(US Dollars ***** 

 The above
Engine Basic Prices have been calculated from the Engine Reference Prices set forth in Exhibit C parts 2 and 3 in accordance with the delivery conditions prevailing in ***** 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 3
– Page 1/4 

	3.2	A320-200 Basic Price 

  

	3.2.1	The A320-200 Airframe Basic Price is the sum of: 

  

	 	(i)	the basic price of the A320-200 Airframe as defined in the A320-200 Standard Specification (excluding Buyer Furnished Equipment), including nacelles and thrust
reversers, which is: 

  

	 	    	USD ***** 

  

	 	    	(US Dollars ***** 

  

	 	(ii)	the sum of the basic prices of all SCNs set forth in Appendix 1.2 to Exhibit “A”, which is: 

 

	 	    	USD ***** 

  

	 	    	(US Dollars ***** 

  

	    	The A320-200 Airframe Basic Price corresponds to a theoretical delivery in ***** (the “Base Period”). 

 

	3.2.2	A320-200 Engines Basic Prices 

  

	    	The basic price of a set of INTERNATIONAL AERO ENGINES V2527-A5, excluding nacelles and thrust reversers is: 

 

	    	USD ***** 

  

	    	(US Dollars ***** 

  

	    	The basic price of a set of CFM INTERNATIONAL Engines CFM 56-5B6/P, excluding nacelles and thrust reversers is: 

 

	    	USD ***** 

  

	    	(US Dollars ***** 

  

	    	The above Engine Basic Prices have been calculated from the Engine Reference Prices set forth in Exhibit C parts 2 and 3 in accordance with the delivery conditions
prevailing in ***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 3
– Page 2/4 

	3.3	A321-200 Basic Price 

  

	3.3.1	The A321-200 Airframe Basic Price is the sum of: 

  

	 	(i)	the basic price of the A321-200 Airframe as defined in the A321-200 Standard Specification (excluding Buyer Furnished Equipment), including nacelles and thrust
reversers, which is: 

  

	 	    	USD ***** 

  

	 	    	(US Dollars ***** 

  

	 	(ii)	the sum of the basic prices of all SCNs set forth in Appendix 1.3 to Exhibit “A”, which is 

 

	 	    	USD ***** 

  

	 	    	(US Dollars ***** 

  

	    	The A321-200 Airframe Basic Price corresponds to a theoretical delivery in *****  —  (the “Base Period”).

  

	3.3.2	A321-200 Engines Basic Prices 

  

	    	The basic price of a set of INTERNATIONAL AERO ENGINES V2533-A5, excluding nacelles and thrust reversers is: 

 

	 	    	USD ***** 

  

	 	    	US Dollars ***** 

  

	    	The basic price of a set of CFM INTERNATIONAL Engines CFM 56-5B3/P, excluding nacelles and thrust reversers is 

 

	 	    	USD ***** 

  

	 	    	(US Dollars ***** 

  

	    	The above Engine Basic Prices have been calculated from the Engine Reference Prices set forth in Exhibit C parts 2 and 3 in accordance with the delivery conditions
prevailing in ***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 3
– Page 3/4 

	3.4	Final Price 

  

	    	The Final Price of each Aircraft shall be the sum of: 

  

	 	(i)	the Airframe Basic Price adjusted to the Delivery Date in accordance with the Airframe Price Revision Formula as set forth in Clause 4.1; plus

  

	 	(ii)	the aggregate of all increases or decreases to the Airframe Basic Price as agreed in any Specification Change Notice or part thereof applicable to the Airframe
subsequent to the date of this Agreement adjusted to the Delivery Date in accordance with the Airframe Price Revision Formula as set forth in Clause 4.1; plus 

 

	 	(iii)	the Engine Reference Price adjusted to the Delivery Date in accordance with the Engine Price Revision Formula as set forth in Clause 4.2; plus

  

	 	(iv)	the aggregate of all increases or decreases to the Engines Reference Price as agreed in any Specification Change Notice or part thereof applicable to the Engines
subsequent to the date of this Agreement adjusted to the Delivery Date in accordance with the Engine Price Revision Formula as set forth in Clause 4.2; plus 

 

	 	(v)	any other amount due by the Buyer to the Seller with respect to the particular Aircraft pursuant to this Agreement and/or any other written agreement between the Buyer
and the Seller with respect to the Aircraft. 

  
 Clause 3
– Page 4/4 

	4	PRICE REVISION 

  

	4.1	Revision of Airframe Basic Price 

  

	    	The Airframe Basic Price is subject to revision up to and including the Delivery Date in accordance with the Airframe Price Revision Formula set forth in Part 1 of
Exhibit C. 

  

	4.2	Revision of Engine Reference Price 

  

	4.2.1	The Engine Reference Price is subject to revision up to and including the Delivery Date in accordance with the Engine Price Revision Formula set forth in Parts 2
and 3 of Exhibit C. 

  

	4.2.2	Modification of Engine Reference Price and Engine Price Revision Formula 

 

	    	The Engine Reference Price, the prices of the related equipment and the Engine Price Revision Formula are based on information received from the Engine Manufacturer and
are subject to amendment by the Engine Manufacturer at any time prior to the Delivery Date provided such amendment affects all other Engines ordered by the Seller on or after the date the Seller places the order for the Engines to be installed on
the Aircraft delivered to the Buyer. If the Engine Manufacturer makes any such amendment, the amendment shall be automatically incorporated into this Agreement and the Engine Reference Price, the prices of the related equipment and the Engine Price
Revision Formula shall be adjusted accordingly. The Seller agrees to notify the Buyer as soon as it receives notice of any such amendment from the Engine Manufacturer. 

  
 Clause 4
– Page 1/1 

	5	PAYMENTS 

  

	5.1	Seller’s Account 

  

	    	The Buyer shall pay the Predelivery Payments, the Balance of Final Price and/or any other amount due by the Buyer to the Seller, to the Seller’s account:

  

	    	Beneficiary Name: AIRBUS 

  

	    	account identification: ***** with: 

  

	    	CALYON 

	    	SWIFT: ***** 

	    	ABA: ***** 

	    	1301 Avenue of the Americas 

	    	New York, NY 10019 

	    	USA 

  

	    	or to such other account as may be designated by the Seller. 

  

	5.2	***** 

  

	5.3	Predelivery Payments 

  

	5.3.1	The Buyer shall pay Predelivery Payments to the Seller calculated on the predelivery payment reference price of each Aircraft. The predelivery payment reference price
is determined by the following formula: 

  

	    	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 5
– Page 1/5 

  

					
	5.3.2            	    	*****	  	
		    	*****	  	*****
		    	*****	  	*****
		    	*****	  	*****
		    	***** months	  	*****
		    	***** months	  	*****
		    	***** months	  	*****
		    	***** months	  	*****
		    	*****	  	*****
		    	*****	  	
			
	5.3.3	    	*****	  	
			
	5.3.4	    	*****	  	

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 5
– Page 2/5 

	    	Month of the affected Aircraft consistent with the Seller’s other commitments and production capabilities. 

 

	5.4	Balance of Final Price 

  

	5.4.1	The Balance of Final Price payable by the Buyer to the Seller on the Delivery Date shall be an amount equal to the Final Price less the amount of Predelivery Payments
received by the Seller on or before the Delivery Date. 

  

	5.4.2	Following receipt of the Seller’s invoice, and immediately prior to Delivery, the Buyer shall pay to the Seller the Balance of Final Price.

  

	5.5	Other Charges 

  

	    	Unless expressly stipulated otherwise, any other charges due under this Agreement with respect to an Aircraft, other than those set out in Clauses 5.2, 5.3 and 5.4,
shall be paid by the Buyer at the same time as payment of the Balance of Final Price or, if invoiced after the Delivery Date, ***** 

  

	5.6	Method of Payment 

  

	5.6.1	All payments provided for in this Agreement shall be made in United States Dollars (USD) in immediately available funds. 

 

	5.6.2	All payments due to the Seller hereunder shall be made in full, without set-off, counterclaim, deduction or withholding of any kind. Consequently, the Buyer shall
procure that the sums received by the Seller under this Agreement shall be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on account of and free from any and all taxes, levies, imposts, dues
or charges of whatever nature. If the Buyer is compelled by law to make any such deduction or withholding the Buyer shall pay such additional amounts as may be necessary in order that the net amount received by the Seller after such deduction or
withholding shall be equal to the amounts which would have been received in the absence of such deduction or withholding and pay to the relevant taxation or other authorities within the period for payment permitted by applicable law, the full amount
of the deduction or withholding. 

  

	5.7	Default Interest 

  

	    	If any payment due to the Seller under this Agreement including but not limited to any Predelivery Payment, commitment fee, option fees for the Aircraft as well as any
payment due to the Seller for any spare parts, data, documents, training and services under this Agreement, is not received on the due date, without prejudice to the Seller’s other rights under this Agreement and at law, the Seller shall be
entitled to interest on the late payment calculated on the amount due from and including the due date of payment up to and including the date when the payment is received by the Seller at a rate equal to the ***** 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 5
– Page 3/5 

	    	***** in US Dollars (as published in the Financial Times on the due date) ***** 

 

	    	All such interest shall be calculated on the basis of the actual number of days elapsed in the month assuming a ***** month and a ***** 

 

	5.8	Taxes 

  

	5.8.1	Provided that Buyer exports the Aircraft following Delivery the Seller shall pay any and all taxes, duties or similar charges of any nature whatsoever levied, assessed,
charged or collected for or in connection with the manufacture, assembly, sale and delivery under this Agreement of any of the Aircraft, services, instructions and data delivered or furnished hereunder provided such charges have been promulgated and
are enforceable under the laws of France, Federal Republic of Germany, Great Britain and Spain or any other jurisdiction where the Aircraft or any part or components (excluding Buyer Furnished Equipment as defined in sub-Clause 18 of the
Agreement) thereof is manufactured or assembled. Upon request, the Buyer shall furnish the Seller with evidence of the exportation of an Aircraft following Delivery. 

 

	5.8.2	The Buyer shall bear the costs of and pay any and all taxes, duties or similar charges of any nature whatsoever not assumed by the Seller under Clause 5.8.1
including but not limited to any duties or taxes due upon or in relation to the importation or registration of the Aircraft in the Buyer’s country or any permitted operator’s country or for importation or registration of the Aircraft in
the United States of America and/or any withholdings or deductions levied or required in the Buyer’s country or any permitted operator’s country or the Aircraft in the United States of America in respect of the payment to the Seller of any
amount due by the Buyer hereunder except: 

  

	 	(i)	any taxes assessed upon or calculated in accordance with Seller’s or any member of Seller’s gross or net income, gross revenues or gains.

  

	 	(ii)	taxes which would not have been imposed but for Seller’s or its Affiliates’ gross negligence or wilful misconduct or failure to file any required tax return
or other information with any taxing authority having jurisdiction over Seller or such Affiliate, as the case may be, or any connection of the Seller to the taxing jurisdiction other than as arising solely in respect hereof.

  

	5.9	Proprietary Interest 

  

	    	The Buyer shall not, by virtue of anything contained in this Agreement (including, without limitation, any Predelivery Payments hereunder, or any designation or
identification by the Seller of a particular aircraft as an Aircraft to which any of the provisions of this Agreement refers) acquire any proprietary, insurable or other interest whatsoever in any Aircraft before Delivery of and payment for such
Aircraft, as provided in this Agreement. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 5
– Page 4/5 

	5.10	Set-Off 

  

	    	The Seller may set-off any matured obligation owed by the Buyer to the Seller against any obligation (whether or not matured) owed by the Seller to the Buyer,
regardless of the place of payment or currency (it being understood that if this obligation is unascertainable it may be estimated and the set-off made in respect of such estimate). The Seller will promptly notify the Buyer in writing after such
set-off. 

  

	5.11	***** 

  

	5.11.1	***** 

  

	5.11.2	***** 

  

	    	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 5
– Page 5/5 

	6	MANUFACTURE PROCEDURE — INSPECTION 

  

	6.1	Manufacture Procedure 

  

	    	The Airframe shall be manufactured in accordance with the relevant requirements of the laws of the jurisdiction of incorporation of the Seller or of its relevant
Affiliate as enforced by the Aviation Authority of such jurisdiction. 

  

	6.2	Inspection 

  

	6.2.1	The Buyer or its duly authorised representatives (the “Buyer’s Inspector(s)”) shall be entitled to inspect the manufacture of the Airframe and all
materials and parts obtained by the Seller for the manufacture of the Airframe on the following terms and conditions: 

  

	 	(i)	any inspection shall be made according to a procedure to be agreed upon with the Buyer but shall be conducted pursuant to the Seller’s own system of inspection as
developed under the supervision of the relevant Aviation Authority; 

  

	 	(ii)	the Buyer’s Inspector(s) shall have access to such relevant technical data as is reasonably necessary for the purpose of the inspection; 

 

	 	(iii)	any inspection and any related discussions with the Seller and other relevant personnel by the Buyer’s Inspector(s) shall be at reasonable times during business
hours and shall take place in the presence of relevant inspection department personnel of the Seller; 

  

	 	(iv)	the inspections shall be performed in a manner not to unduly delay or hinder the manufacture or assembly of the Aircraft or the performance of this Agreement by the
Seller or any other work in progress at the Manufacture Facilities. 

  

	6.2.2	Location of Inspections 

  

	    	The Buyer’s Inspector(s) shall be entitled to conduct any such inspection at the relevant Manufacture Facility of the Seller or the Affiliates and where possible
at the Manufacture Facilities of the sub-contractors provided that if access to any part of the Manufacture Facilities where the Airframe manufacture is in progress or materials or parts are stored is restricted for security or confidentiality
reasons, the Seller shall be allowed reasonable time to make the relevant items available elsewhere. 

  

	6.3	Seller’s Service for Buyer’s Inspector(s) 

  

	    	For the purpose of the inspections, and commencing with the date of this Agreement until the Delivery Date of the last Aircraft, the Seller *****

  
  

	    	The Buyer shall pay for its telephone and fax invoices. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 6
– Page 1/1 

	7	CERTIFICATION 

  

	7.1	Type Certification 

  

	    	The Aircraft has been type certificated under European Aviation Safety Agency (EASA) procedures for certification in the transport category. The Seller shall obtain the
relevant type certificate (the “Type Certificate”) to allow the issuance of an Export Certificate of Airworthiness valid for the export to Mexico, the United States of America or other country requested by the Buyer and reasonably
acceptable to the Seller, such acceptance not be unreasonably withheld. 

  

	7.2	Export Airworthiness Certificate 

  

	7.2.1	The Aircraft shall be delivered to the Buyer with an Export Airworthiness Certificate. 

 

	7.2.2	If, any time before the date on which the Aircraft is Ready for Delivery, any law or regulation is enacted, promulgated, becomes effective and/or an interpretation of
any law or regulation is issued which requires any change to the Specification for the purposes of obtaining the Export Airworthiness Certificate (a “Change in Law”), the Seller shall make the required variation or modification at
Seller’s cost and the parties hereto shall sign a Specification Change Notice which specifies the effects, if any, upon the guaranteed performances, weights, interchangeability, time of Delivery of the Aircraft and text of the Specification.

  

	7.2.3	The Seller shall as far as practicable (but at its sole discretion and without prejudice to Clause 7.3.1(ii)) take into account the information available to it
concerning any proposed law, regulation or interpretation which could become a Change in Law in order to minimise the costs of changes to the Specification as a result of such proposed law, regulation or interpretation becoming effective prior to
the Aircraft being Ready for Delivery. 

  

	7.2.4	The costs of implementing a variation or modification referred to in Clause 7.2.2 that relates to the Propulsion Systems shall be borne in accordance with such
arrangements as may be made separately between the Buyer and the Propulsion Systems Manufacturer at no cost to the Seller. 

  

	7.4	Validation of the Export Airworthiness Certificate 

  

	7.4.1	Where the Buyer’s Aviation Authority requires a modification to comply with additional import aviation requirements and/or supply of additional data prior to the
issuance of the Export Airworthiness Certificate, the Seller shall incorporate such modification and/or provide such data at costs to be borne by the Seller. The parties shall sign a Specification Change Notice which specifies the effects, if any,
upon the guaranteed performances, weights, interchangeability and time of Delivery of the Aircraft. 

  
 Clause 7
– Page 1/1 

	8	BUYER’S TECHNICAL ACCEPTANCE 

  

	8.1	Technical Acceptance Process 

  

	8.1.1	Prior to Delivery the Aircraft shall undergo a technical acceptance process, developed by the Seller for the Aircraft type (the “Technical Acceptance
Process”). The Technical Acceptance Process shall demonstrate the satisfactory functioning of the Aircraft. The successful compliance with the Technical Acceptance Process shall be deemed to demonstrate the compliance with the
Specification. Should it be established that the Aircraft does not comply with the Technical Acceptance Process requirements, the Seller shall without hindrance from the Buyer be entitled to carry out any necessary changes and, as soon as
practicable thereafter, resubmit the Aircraft to such further Technical Acceptance Process as is necessary to demonstrate the elimination of the non-compliance. 

 

	8.1.2	The Technical Acceptance Process shall: 

  

	 	(i)	commence on a date notified by the Seller to the Buyer by ***** 

  

	 	(ii)	take place at the Delivery Location; 

  

	 	(iii)	be carried out by the personnel of the Seller; 

  

	 	(iv)	include a technical acceptance flight which shall ***** unless a discrepancy or defect discovered during the Technical Acceptance Process requires *****

  

	8.2	Buyer’s Attendance 

  

	8.2.1	The Buyer shall be entitled to elect to attend the Technical Acceptance Process. 

 

	8.2.2	If the Buyer elects to attend the Technical Acceptance Process, the Buyer: 

 

	 	(i)	shall co-operate in complying with the reasonable requirements of the Seller with the intention of completing the Technical Acceptance Process within ***** after its
commencement; 

  

	 	(ii)	may have a ***** having access to the cockpit at any one time) accompany the Seller’s representatives on a technical acceptance flight and during such flight the
Buyer’s representatives shall comply with the instructions of the Seller’s representatives. 

  

	8.2.3	If the Buyer does not attend and/or fails to co-operate in the Technical Acceptance Process, the Seller shall be entitled to complete the Technical Acceptance Process
and the Buyer shall be deemed to have accepted the Technical Acceptance Process as satisfactory in all respects (provided, that the Technical Acceptance Process shall have demonstrated the satisfactory functioning of the Aircraft).

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 8
– Page 1/2 

	8.3	Certificate of Acceptance 

  

	    	Upon successful completion of the Technical Acceptance Process ***** the Buyer shall, on or before the Delivery Date, sign and deliver to the Seller a certificate of
acceptance in respect of the Aircraft in the form of Exhibit D (the “Certificate of Acceptance”). 

  

	8.4	Aircraft Utilisation 

  

	    	The Seller shall, without payment or other liability, be entitled to use the Aircraft prior to Delivery as may be necessary to obtain the certificates required under
Clause 7, and such use shall not prejudice the Buyer’s obligation to accept Delivery of the Aircraft hereunder. 

  

	    	However the Seller shall not be authorised to use the Aircraft during more than ***** for any other purpose without the specific agreement of the Buyer.

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 8
– Page 2/2 

	9	DELIVERY 

  

	9.1	Delivery Schedule 

  

	9.1.1	Subject to Clauses 2, 7, 8, 10 and 18, the Seller shall have the Aircraft Ready for Delivery at the Delivery Location within the following months:

  

							
	Aircraft Rank	 	Aircraft Type	 	Delivery Month
	- Aircraft N°01	 	A319-100	 	*****	 	*****
	- Aircraft N°02	 	A319-100	 	*****	 	*****
	- Aircraft N°03	 	A319-100	 	*****	 	*****
	- Aircraft N°04	 	A319-100	 	*****	 	*****
	- Aircraft N°05	 	A319-100	 	*****	 	*****
	- Aircraft N°06	 	A319-100	 	*****	 	*****
	- Aircraft N°07	 	A319-100	 	*****	 	*****
	- Aircraft N°08	 	A319-100	 	*****	 	*****
	- Aircraft N°09	 	A319-100	 	*****	 	*****
	- Aircraft N°10	 	A319-100	 	*****	 	*****
	- Aircraft N°11	 	A319-100	 	*****	 	*****
	- Aircraft N°12	 	A319-100	 	*****	 	*****
	- Aircraft N°13	 	A319-100	 	*****	 	*****
	- Aircraft N°14	 	A319-100	 	*****	 	*****
	- Aircraft N°15	 	A319-100	 	*****	 	*****
	- Aircraft N°16	 	A319-100	 	*****	 	*****

  

	    	Each of such months shall be, with respect to the corresponding Aircraft, the “Scheduled Delivery Month”. 

 

	    	***** 

  

	9.1.2	The Seller shall give the Buyer at least ***** prior written notice of the anticipated date on which the Aircraft shall be Ready for Delivery. Thereafter the Seller
shall notify the Buyer of any change in such date necessitated by the conditions of manufacture or flight. 

  

	9.2	Delivery 

  

	9.2.1	The Buyer shall send its representatives to the Delivery Location to take Delivery of, and collect, the Aircraft within ***** after the date on which the Aircraft is
Ready for Delivery and shall pay the Balance of the Final Price on or before the Delivery Date. 

  

	9.2.2	The Seller shall deliver and transfer title to the Aircraft free and clear of all encumbrances to the Buyer provided that the Balance of the Final Price has been paid
by the Buyer pursuant to Clause 5.4 and that the Certificate of Acceptance 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 9
– Page 1/2 

	    	has been signed and delivered to the Seller pursuant to Clause 8.3. The Seller shall provide the Buyer with a bill of sale in the form of Exhibit E (the
“Bill of Sale”) and/or such other documentation confirming transfer of title and receipt of the Final Price as may reasonably be requested by the Buyer. Title to, property in and risk of loss of or damage to the Aircraft shall be
transferred to the Buyer on Delivery. 

  

	9.2.3	If the Aircraft is Ready for Delivery and the Buyer fails to 

  

	 	(i)	deliver the signed Certificate of Acceptance to the Seller within the delivery period as defined in Clause 9.2.1; or 

 

	 	(ii)	pay the Balance of the Final Price for the Aircraft to the Seller within the above defined period; 

 

	    	then the Buyer shall be in default with regard to the delivery of the Aircraft. In addition to Clause 5.7 and the Seller’s other rights under this Agreement,
the Seller shall retain title to the Aircraft but the Buyer shall thereafter bear all risk of loss of or damage to the Aircraft and shall indemnify and hold the Seller harmless against any and all reasonable documented costs (including but not
limited to any parking, storage, and insurance costs) and consequences resulting from such failure, it being understood that the Seller shall be under no duty to store, park, insure, or otherwise protect the Aircraft. 

 

	9.3	Fly Away 

  

	9.3.1	The Buyer and the Seller shall co-operate to obtain any licenses which may be required by the Aviation Authority of the Delivery Location for the purpose of exporting
the Aircraft. In that case, the Buyer will be obligated to take delivery of the Aircraft only after such licenses have been obtained. 

  

	9.3.2	All expenses of, or connected with, flying the Aircraft from the Delivery Location after Delivery shall be borne by the Buyer. The Buyer shall make direct arrangements
with the supplying companies for the fuel and oil required for all post-Delivery flights. 

  
 Clause 9
– Page 2/2 

	10	EXCUSABLE DELAY 

  

	10.1	The Buyer acknowledges that the Aircraft (is) (are) to be manufactured by Seller in performance of this Agreement and that the Scheduled Delivery Month
(s) (is) (are) based on the assumption that there shall be no delay due to causes beyond the control of the Seller. Accordingly, Seller shall not be responsible for any delay in the Delivery of the Aircraft or delay or interruption in the
performance of the other obligations of the Seller hereunder due to causes beyond its control, and not occasioned by its fault or negligence including (but without limitation) acts of God or the public enemy, war, civil war, warlike operations,
terrorism, insurrections or riots, fires, explosions, natural disasters, compliance with any applicable foreign or domestic governmental regulation or order, labour disputes causing cessation, slowdown or interruption of ***** inability after due
and timely diligence to procure materials, equipment or parts, general hindrance in transportation or failure of a sub-contractor or supplier to furnish materials, equipment or parts due to the above mentioned causes. Any delay or interruption
resulting from any of the foregoing causes is referred to as an “Excusable Delay”. 

  

	10.2	If an Excusable Delay occurs: 

  

	 	(i)	the Seller shall notify the Buyer of such Excusable Delay as soon as practicable after becoming aware of the same; 

 

	 	(ii)	the Seller shall not be responsible for any damages arising from or in connection with such Excusable Delay suffered or incurred by the Buyer; 

 

	 	(iii)	the Seller shall not be deemed to be in default in the performance of its obligations hereunder as a result of such Excusable Delay; and 

 

	 	(iv)	the Seller shall as soon as practicable after the removal of the cause of the delay resume performance of its obligations under this Agreement and in particular shall
notify to the Buyer the revised Scheduled Delivery Month. 

  

	 	(v)	In addition, the result of the ***** as referred in ***** for the affected Aircraft shall be ***** 

 

	10.3	Termination on Excusable Delay 

  

	10.3.1	If the Delivery of any Aircraft is delayed as a result of an Excusable Delay for a period of more than ***** then the Buyer may terminate this Agreement with respect to
the Aircraft and related spare parts so affected by giving written notice to the Seller within ***** provided, that the Buyer shall not be entitled to terminate this Agreement pursuant to this Clause if the Excusable Delay results from a cause
within its control. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 10
– Page 1/3 

	10.3.2	If the Seller concludes that the Delivery of any Aircraft shall be delayed for more than ***** due to an Excusable Delay and as a result thereof in good faith
reschedules Delivery of such Aircraft in a non-discriminatory manner to a date or month reflecting such delay, then the Seller shall promptly notify the Buyer in writing to this effect and shall include in such notification the new Scheduled
Delivery Month. The Buyer may thereupon terminate this Agreement with respect to such Aircraft by giving written notice to the Seller ***** If the Buyer chooses not to so terminate this Agreement, it and the Seller shall enter into an amendment in
writing to reflect such rescheduled delivery date. 

  

	10.3.3	If this Agreement shall not have been terminated with respect to the delayed Aircraft during the ***** referred to in either Clause 10.3.1 or 10.3.2 above, then
the Seller shall be entitled to reschedule Delivery and the new Scheduled Delivery Month shall be notified to the Buyer and shall be binding on the parties and any further delay will be subject to the provisions of this Clause 10.

  

	10.4	Total Loss, Destruction or Damage 

  

	    	If prior to Delivery, any Aircraft is lost, destroyed or in the reasonable opinion of the Seller is damaged beyond repair (“Total Loss”), the Seller
shall notify the Buyer to this effect ***** The Seller shall include in said notification (or as soon after the issue of the notice as such information becomes available to the Seller) the earliest date consistent with the Seller’s other
commitments and production capabilities that an aircraft to replace the Aircraft may be delivered to the Buyer and the Scheduled Delivery Month shall be extended as specified in the Seller’s notice to accommodate the delivery of the replacement
aircraft; provided, however, that in the event the specified extension of the Scheduled Delivery Month ***** 

  

	 	(i)	the Buyer notifies the Seller ***** 

  

	 	(ii)	the parties execute an amendment to this Agreement recording the variation in the Scheduled Delivery Month; 

 

	    	provided, however, that nothing herein shall require the Seller to manufacture and deliver a replacement aircraft if such manufacture would require the reactivation of
its production line for the model or series of aircraft which includes the Aircraft purchased hereunder. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 10
– Page 2/3 

	10.5	Termination Rights Exclusive 

  

	    	***** such termination shall discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft and undelivered material,
services, data or other items applicable thereto and to be furnished ***** 

  

	    	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 10
– Page 3/3 

	11	NON-EXCUSABLE DELAY 

  

	11.1	Liquidated Damages 

  

	    	Should any of the Aircraft not be Ready for Delivery to the Buyer within ***** after the last day of the Scheduled Delivery Month (as varied by virtue of Clauses 2, 7
and 10) (the “Delivery Period”) and such delay is not as a result of an Excusable Delay or Total Loss (a “Non-Excusable Delay”), then the Buyer shall have the right to claim, and the Seller shall pay by way of
liquidated damages to the Buyer ***** (delivery conditions January 2004) for each day of delay in the Delivery commencing on the date falling ***** after the last day of the Scheduled Delivery Month. 

 

	    	The amount of such liquidated damages shall in no event exceed the total of ***** (delivery conditions ***** in respect of any one Aircraft. 

 

	    	The Buyer’s right to be paid damages in respect of the Aircraft is conditional upon the Buyer submitting a claim in respect of such liquidated damages in writing
to the Seller not later than***** after the last day of the Scheduled Delivery Month. 

  

	    	In addition, the ***** 

  

	11.2	Re-negotiation 

  

	    	If, as a result of Non-Excusable Delay, Delivery does not occur in the period ***** after the Delivery Period, the Buyer shall have the right exercisable by written
notice to the Seller given not less than ***** nor more than ***** after the expiration of the ***** falling after the Delivery Period to require from the Seller a re-negotiation of the Scheduled Delivery Month for the affected Aircraft. Unless
otherwise agreed between the Seller and the Buyer during such re-negotiation, re-negotiation shall not prejudice the Buyer’s right to receive liquidated damages in accordance with Clause 11.1 during the period of Non-Excusable Delay.

  

	11.3	Termination 

  

	    	If, as a result of Non-Excusable Delay, Delivery does not occur ***** and the parties have not renegotiated the Delivery Date pursuant to Clause 11.2, the Buyer in
its discretion and the Seller in the exercise of good faith shall have the right exercisable by written notice to the other party, given ***** to terminate this Agreement in respect of the affected Aircraft ***** and neither party shall have any
claim against the other in respect of such non-delivery ***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 11
– Page 1/2 

	    	***** 

  

	    	***** 

  

	    	The Seller, if the Buyer requests, ***** 

  

	11.4	Limitation of Damages 

  

	    	The Buyer and the Seller agree that payment by the Seller of the amounts due pursuant to Clause 11.1 shall be considered to be a liquidated damages provision
(Clause pénale) within the meaning of Articles 1152 and 1226 of the French Civil Code and has been calculated to compensate the Buyer for its entire damages for all losses of any kind due to Non-Excusable Delay. The Seller shall not in
any circumstances have any liability whatsoever for Non-Excusable Delay other than as set forth in this Clause 11. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 11
– Page 2/2 

	12	WARRANTIES AND SERVICE LIFE POLICY 

  

	    	This Clause covers the terms and conditions of the warranty and service life policy. 

 

	12.1	Standard Warranty 

  

	12.1.1	Nature of Warranty 

  

	    	Subject to the conditions and limitations as hereinafter provided for and except as provided for in Clause 12.1.2, the Seller warrants to the Buyer that each
Aircraft and all Warranted Parts as defined hereinafter shall at Delivery to the Buyer: 

  

	 	(i)	be free from defects in material; 

  

	 	(ii)	be free from defects in workmanship, including without limitation processes of manufacture; 

 

	 	(iii)	be free from defects in design (including without limitation the selection of materials) having regard to the state of the art at the date of such design;

  

	 	(iv)	be free from defects arising from failure to conform to the Specification, except to those portions of the Specification relating to performance or where it is
expressly stated that they are estimates, approximations or design aims; and 

  

	 	(v)	conform to the Customized Specifications as the same may be amended pursuant hereto. 

 

	    	For the purpose of this Agreement the term “Warranted Part” shall mean any Seller proprietary component, equipment, accessory or part as installed on
an Aircraft at Delivery of such Aircraft and 

  

	 	(a)	which is manufactured to the detailed design of the Seller or a subcontractor of the Seller and 

 

	 	(b)	which bears a part number of the Seller at the time of such delivery. 

  

	12.1.2	Exclusions 

  

	    	The warranties set forth in Clause 12.1.1 shall not apply to Buyer Furnished Equipment, nor to the Propulsion Systems, nor to any component, equipment, accessory
or part purchased by the Seller that is not a Warranted Part except that: 

  

	 	(i)	any defect in the Seller’s workmanship incorporated in the installation, storage and handling of such items in the Aircraft, including any failure by the Seller to
conform to the installation instructions of the manufacturer of such item that invalidates any applicable warranty from such manufacturer, shall constitute a defect in workmanship for the purpose of this Clause 12.1 and be covered by the
warranty set forth in sub-Clause 12.1.1(ii); and 

  
 Clause 12
– Page 1/16 

	 	(ii)	any defect inherent in the Seller’s design of the installation, in view of the state of the art at the date of such design, which impairs the use of such item
shall constitute a defect in design for the purpose of this Clause 12.1 and be covered by the warranty set forth in sub-Clause 12.1.1(iii). 

  

	12.1.3	Warranty Period 

  

	    	The warranties contained in Clauses 12.1.1 and 12.1.2 shall be limited to those defects which become apparent within ***** after Delivery of the affected Aircraft
(“Warranty Period”). 

  

	12.1.4	Buyer’s Remedy and Seller’s Obligation 

  

	12.1.4.1	The Buyer’s remedy and the Seller’s obligation and liability under Clauses 12.1.1 and 12.1.2 are, at Sellers expense and option, limited to either
(i) the repair, replacement or correction on the Aircraft of any Warranted Part which is defective, or (ii) the supply of modification kits rectifying the defect, or (iii) to furnish a credit to the Buyer equal to the price at which
the Buyer is entitled to purchase a replacement for the defective Warranted Part. In all of the preceding cases, Seller will furnish a credit to the Buyer equal to the labor required for the removal and re-installation on the Aircraft of any
Warranted Part which is defective at the rate established in Clause 12.1.7(v). 

  

	    	Any replacement part shall not have less cycles, calendar time and flight hours (as the case may be) remaining, than the Warranted Part which it replaced.

  

	12.1.4.2	In the event of a defect covered by sub-Clauses 12.1.1(iii), 12.1.1(iv) and 12.1.2(ii) becoming apparent within the Warranty Period and the Seller is obliged to correct
such defect, the Seller shall also, if so requested by the Buyer, make such correction in any Aircraft which has not yet been delivered to the Buyer; provided, however, 

 

	 	(i)	that the Seller shall not be responsible nor deemed to be in default on account of any reasonable delay (the Seller shall use its reasonable efforts to minimize such
delay) in delivery of any Aircraft or otherwise, in respect of the performance of this Agreement due to the Seller’s undertaking to make such correction and provided further 

 

	 	(ii)	that, rather than accept a delay in the delivery of any such Aircraft, the Buyer and the Seller may agree to deliver such Aircraft with subsequent correction of the
defect by the Buyer at the Seller’s expense, or the Buyer may elect to accept delivery and thereafter file a warranty claim as though the defect had become apparent immediately after Delivery of such Aircraft. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 12
– Page 2/16 

	12.1.4.3	In addition to the remedies set forth in Clauses 12.1.4.1 and 12.1.4.2, the Seller shall reimburse the direct labor costs spent by the Buyer in performing inspections
of the Aircraft to determine whether or not a defect exists in any Warranted Part within the Warranty Period or until the corrective technical solution removing the need for the inspection is provided by the Seller. 

 

	    	The above commitment is subject to the following conditions: 

  

	 	(i)	such inspections are recommended by a Seller Service Bulletin to be performed within the Warranty Period; 

 

	 	(ii)	the inspection performed is not part of a scheduled maintenance check as recommended by the Sellers Maintenance Planning Document; 

 

	 	(iii)	the reimbursement shall not apply for any inspections performed as an alternative to accomplishing corrective action when such corrective action has been made available
to the Buyer and such corrective action could have reasonably been accomplished by the Buyer at the time such inspections are performed or earlier; 

  

	 	(iv)	the labor rate to be used for the reimbursement shall be labor rate defined in Clause 12.1.7; and 

 

	 	(v)	the man-hours used to determine such reimbursement shall not exceed the Sellers reasonable estimate of the man-hours required by the Buyer for such inspections.

  

	12.1.5	Warranty Claim Requirements 

  

	    	Each Buyers warranty claim (“Warranty Claim”) shall be considered by the Seller only if the following conditions are first fulfilled:

  

	 	(i)	the defect having become apparent within the Warranty Period; 

  

	 	(ii)	the Buyer having submitted to the Seller proof reasonably satisfactory to the Seller that the claimed defect is due to a matter embraced within this Clause 12.1,
and that such defect has not resulted from any act or omission of the Buyer, including but not limited to, any failure to operate and maintain the affected Aircraft or part thereof in accordance with the standards set forth or any matter covered in
Clause 12.1.10; 

  

	 	(iii)	the Buyer having returned as soon as practicable the Warranted Part claimed to be defective to the repair facilities as may be reasonably designated by the Seller,
except when the Buyer elects to repair a defective Warranted Part in accordance with the provisions of Clause 12.1.7; 

  

	 	(iv)	the Seller having received a Warranty Claim as set forth in Clause 12.1.6. 

  
 Clause 12
– Page 3/16 

	12.1.6	Warranty Administration 

  

	    	The warranties set forth in Clause 12.1 shall be administered as hereinafter provided for: 

 

	 	(i)	Claim Determination 

  

	 	    	Warranty Claim determination by the Seller shall be reasonably based upon the claim details, reports from the Seller’s local representative, historical data logs,
inspection, tests, findings during repair, defect analysis and other suitable documents. 

  

	 	(ii)	Transportation Costs 

  

	 	    	Transportation costs for sending a defective Warranted Part to the facilities designated by the Seller and for the return therefrom of a repaired or replaced Warranted
Part shall be borne by the Buyer on its network and by the Seller for the remainder of the transport. 

  

	 	(iii)	Return of an Aircraft 

  

	 	    	In the event of the Buyer desiring to return an Aircraft to the Seller for consideration of a Warranty Claim, the Buyer shall notify the Seller of its intention to do
so and the Seller shall, prior to such return, have the right to inspect such Aircraft and thereafter, without prejudice to its rights hereunder, to repair such Aircraft, at its sole option, either at the Buyer’s facilities or at another place
acceptable to the Seller. Return of any Aircraft by the Buyer to the Seller and return of such Aircraft to the Buyer’s facilities shall be at the Seller’s expense. 

 

	 	(iv)	On-Aircraft Work by the Seller 

  

	 	    	In the event that a defect subject to this Clause 12.1 may justify the dispatch by the Seller of a working team to repair or correct such defect through the
embodiment of one or several Seller’s Service Bulletins at the Buyer’s facilities, or in the event of the Seller accepting the return of an Aircraft to perform or have performed such repair or correction, then the direct cost (including
labor costs) for such on-Aircraft work are to be borne by the Seller. 

  

	 	    	The condition which has to be fulfilled for on-Aircraft work by the Seller is that in the reasonable opinion of the Seller, the work necessitates the technical
expertise of the Seller as manufacturer of the Aircraft. 

  

	 	    	If said condition is fulfilled and if the Seller is requested to perform the work, the Seller and the Buyer shall agree on a schedule and place for the work to be
performed. 

  
 Clause 12
– Page 4/16 

	 	(v)	Warranty Claim Substantiation 

  

	 	    	In connection with each claim by the Buyer made under this Clause 12.1, the Buyer shall file a Warranty Claim on the Buyer’s form within sixty (60) days
after a defect became apparent. Such form must contain at least the following data: 

  

	 	a)	description of defect and action taken, if any, 

  

	 	b)	date of incident and/or removal date, 

  

	 	c)	description of the defective part, 

  

	 	d)	part number, 

  

	 	e)	serial number (if applicable), 

  

	 	f)	position on Aircraft, 

  

	 	g)	total flying hours or calendar time, as applicable at the date of defect appearance, 

 

	 	h)	time since last shop visit at the date of defect appearance, 

  

	 	i)	manufacturer serial number (“Manufacturer’s Serial Number”) of the Aircraft and/or its registration, 

 

	 	j)	Aircraft total flying hours and/or number of landings at the date of defect appearance, 

 

	 	k)	Warranty Claim number, 

  

	 	l)	date of Warranty Claim, 

  

	 	m)	delivery date of Aircraft or part to the Buyer. 

  

	 	    	Warranty Claims are to be addressed as follows: 

  

	 	    	AIRBUS 

	 	    	CUSTOMER SERVICES DIRECTORATE 

	 	    	WARRANTY ADMINISTRATION 

	 	    	Rond-Point Maurice Bellonte 

	 	    	B.P. 33 

	 	    	F-31707 BLAGNAC CEDEX 

	 	    	FRANCE 

  
 Clause 12
– Page 5/16 

	 	(vi)	Replacements 

  

	 	    	Components, equipment, accessories or parts, which the Seller has replaced pursuant to this Clause, shall become the Seller’s property. The replacement components,
equipment, accessories or parts provided by the Seller to the Buyer pursuant to this Clause shall become the Buyer’s property. 

  

	 	(vii)	Seller’s Rejection 

  

	 	    	The Seller shall provide reasonable written substantiation in case of rejection of a Warranty Claim. The Buyer shall refund to the Seller reasonable inspection and test
charges incurred in connection with a rejected Warranty Claim if no defect has been substantiated in more than ***** of the Buyer’s Warranty Claims. 

  

	 	(viii)	Seller’s Inspection 

  

	 	    	The Seller shall have the right to inspect the affected Aircraft and documents and other records relating thereto in the event of any Warranty Claim under this
Clause 12.1. 

  

	12.1.7	Inhouse Warranty 

  

	 	(i)	Seller’s Authorization 

  

	 	    	The Seller hereby authorizes the Buyer to perform the repair of Warranted Parts (“Inhouse Warranty”) subject to the terms of this
Clause 12.1.7. 

  

	 	(ii)	Conditions for Seller’s Authorization 

  

	 	    	The Buyer shall be entitled to repair such Warranted Parts only: 

  

	 	-	 	 if the Buyer notifies the Seller’s Representative of its intention to perform Inhouse Warranty repairs before any such repairs are started where
the estimated cost of such repair is in excess of US Dollars ***** (US$ *****). The Buyer’s notification shall include sufficient detail regarding the defect, estimated labor hours and material to allow the Seller to ascertain the
reasonableness of the estimate. The Seller agrees to use all reasonable efforts to ensure a prompt response and shall not unreasonably withhold authorization; 

 

	 	-	 	 if adequate facilities and qualified personnel are available to the Buyer; 

 

	 	-	 	 in accordance with the Seller’s written instructions set forth in the applicable Seller’s technical documentation;

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 12
– Page 6/16 

	 	-	 	 to the extent specified by the Seller, or, in the absence of such specification, to the extent reasonably necessary to correct the defect, in
accordance with the standards set forth in Clause 12.1.10. 

  

	 	(iii)	Seller’s Rights 

The Seller shall have the right to have any Warranted Part, or any part removed therefrom, claimed to be defective, returned to the
Seller, as set forth in sub-Clause 12.1.6(ii) if, in the judgement of the Seller, the nature of the defect requires technical investigation. The Seller shall further have the right to have a representative present during the disassembly,
inspection and testing of any Warranted Part claimed to be defective, subject to its presence being practical and not unduly delaying the repair. 
  

	 	(iv)	Inhouse Warranty Claim Substantiation 

 Claims for Inhouse Warranty credit shall contain the same information as that required for Warranty Claims under sub-Clause 12.1.6(v) and in addition shall include: 

 

	 	a)	a report of technical findings with respect to the defect, 

  

	 	b)	for parts required to remedy the defect: 

  

	 	-	 	 part numbers, 

  

	 	-	 	 serial numbers (if applicable), 

  

	 	-	 	 parts description, 

  

	 	-	 	 quantity of parts, 

  

	 	-	 	 unit price of parts, 

  

	 	-	 	 related Seller’s or third party’s invoices (if applicable), 

 

	 	-	 	 total price of parts, 

  

	 	c)	detailed number of labor hours, 

  

	 	d)	Inhouse Warranty Labor Rate, 

  

	 	e)	total claim value. 

  
 Clause 12
– Page 7/16 

	 	(v)	Credit 

 The Buyer’s
account shall be credited with an amount equal to the mutually agreed direct labor costs expended in performing the repair of a Warranted Part and to the direct costs of materials incorporated in said repair. 

 

	 	-	 	 For the determination of direct labor costs only manhours spent on removal from the Aircraft, disassembly, inspection, repair, reassembly, and final
inspection, re-installation and test of the Warranted Part and reinstallation thereof on the Aircraft are permissible. Any manhours required for maintenance work concurrently being carried out on the Aircraft or Warranted Part are not included.

  

	 	-	 	 The manhours permissible above shall be multiplied by an agreed labor rate of US Dollars ***** paid to the Buyer’s employees whose jobs are
directly related to the performance of the repair. 

  

	 	-	 	 Direct material costs are determined by the prices at which the Buyer acquired such material, excluding any parts and materials used for overhaul and
as may be furnished by the Seller at no charge. 

  

	 	(vi)	Limitation 

 *****

  

	 	(vii)	Scrapped Material 

The Buyer shall retain any defective Warranted Part beyond economic repair and any defective part removed from a Warranted Part during
repair for a period of either ***** days after the date of completion of repair or ***** after submission of a claim for Inhouse Warranty credit relating thereto, whichever is longer. Such parts shall be returned to the Seller within ***** of
receipt of the Seller’s request to that effect. 
 Notwithstanding the foregoing, the Buyer may scrap any such defective
parts which are beyond economic repair and not required for technical evaluation locally with the agreement of the Seller’s local representative. 
 Scrapped Warranted Parts shall be evidenced by a record of scrapped material certified by an authorized representative of the Buyer. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 12
– Page 8/16 

	12.1.8	Standard Warranty Transferability 

 The warranties provided for in this Clause 12.1 for any Warranted Part shall accrue to the benefit of any airline in revenue service, other than the Buyer, if the Warranted Part enters into the
possession of any such airline as a result of a sale, pooling or leasing agreement between such airlines and the Buyer, in accordance with the terms and subject to the limitations and exclusions of the foregoing warranties, and to the extent
permitted by any applicable law or regulations. 
  

	12.1.9	Warranty for Corrected, Replaced or Repaired Warranted Parts 

 Whenever any Warranted Part which contains a defect for which the Seller is liable under Clause 12.1 has been corrected, replaced or repaired pursuant to the terms of this Clause 12.1, the
period of the Seller’s warranty with respect to such corrected, replaced or repaired Warranted Part whichever may be the case, shall be the remaining portion of the original warranty. 

 

	12.1.10	Accepted Industry Standard Practices—Normal Wear and Tear 

 The Buyer’s rights under this Clause 12.1 are subject to the Aircraft and each component, equipment, accessory and part thereof being maintained, overhauled, repaired, and operated in accordance
with accepted industry standard practices, all technical documentation and any other instructions issued by the Seller and the Suppliers and the Propulsion Systems Manufacturer and all applicable rules, regulations and directives of relevant
Aviation Authorities. 
  

	12.1.10.1	The Seller’s liability under this Clause 12.1 shall not extend to normal wear and tear nor to: 

 

	 	(i)	any Aircraft or component, equipment, accessory or part thereof which has been repaired, altered or modified after Delivery except by the Seller or in a manner approved
by the Seller; 

  

	 	(ii)	any Aircraft or component, equipment, accessory or part thereof which has been knowingly operated in a damaged state (unless the continuation of such operation was
unavoidable); 

  

	 	(iii)	any component, equipment, accessory and part from which the trademark, name, part or serial number or other identification marks have been removed;

 Unless in any such case (except in the case of (iii) above) the Buyer submits reasonable evidence to the
Seller that the defect did not arise from or was not attributable to any one or more of such causes. 

  
 Clause 12
– Page 9/16 

	12.1.11	Survival of the Warranty 

With respect to each Aircraft (including all Warranted Parts), the warranties set forth above shall survive any termination of this
Agreement and delivery of the Aircraft. 
  

	12.2	Seller Service Life Policy 

  

	12.2.1	In addition to the warranties set forth in Clause 12.1, the Seller further agrees that should any item listed in Exhibit “F” (“Item”),
sustain any defect, and which materially impairs the utility of the Item (“Failure”), and subject to the general conditions and limitations set forth in Clause 12.2.4, then the provisions of this Clause 12.2
(“Seller Service Life Policy”) shall apply. 

  

	12.2.2	Periods and Seller’s Undertakings 

 The Seller agrees that if a Failure occurs in an Item before the Aircraft in which such Item has been originally installed has completed ***** the Delivery of said Aircraft to the Buyer, whichever shall
first occur, the Seller shall at its own discretion and as promptly as practicable and with the Seller’s financial participation as hereinafter provided either: 
  

	12.2.2.1	design and furnish to the Buyer a correction for such Item with a Failure and provide any parts required for such correction (including Seller designed standard parts
but excluding industry standard parts), or, 

  

	12.2.2.2	replace such Item. 

  

	12.2.3	Seller’s Participation in the Costs 

 Any part or Item which the Seller is required to furnish to the Buyer under this Service Life Policy in connection with the correction or replacement of an Item shall be furnished to the Buyer with the
Seller’s financial participation determined in accordance with the following formula: 
 ***** 

***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 12
– Page 10/16 

	12.2.4	General Conditions and Limitations 

  

	12.2.4.1	The undertakings given in this Clause 12.2 shall be valid after the period of the Seller’s warranty applicable to an Item under Clause 12.1.

  

	12.2.4.2	The Buyer’s remedy and the Seller’s obligation and liability under this Service Life Policy are subject to the prior compliance by the Buyer with the
following conditions: 

  

	 	(i)	the Buyer shall maintain log books and other historical records with respect to each Item adequate to enable determination of whether the alleged Failure is covered by
this Service Life Policy and if so to define the costs to be borne by the Seller in accordance with Clause 12.2.3; 

  

	 	(ii)	the Buyer shall keep the Seller informed of any significant incidents relating to an Aircraft howsoever occurring or recorded; 

 

	 	(iii)	the Buyer shall comply with the conditions of Clause 12.1.10; 

  

	 	(iv)	the Buyer shall carry out specific structural inspection programs for purposes of monitoring an identified Failure as may be established from time to time by the
Seller. Such programs shall be as compatible as possible with the Buyer’s operational requirements and shall be carried out at the Buyer’s expense. Reports relating thereto shall be regularly furnished to the Seller;

  
 Clause 12
– Page 11/16 

	 	(v)	in the case of any breakage or defect, the Buyer must have reported the same in writing to the Seller within sixty (60) days after any breakage or defect in an
Item becomes apparent whether or not said breakage or defect can reasonably be expected to occur in any other aircraft, and the Buyer shall have informed the Seller of the breakage or defect in sufficient detail to enable the Seller to determine
whether said breakage or defect is subject to this Service Life Policy. 

  

	12.2.4.3	Except as otherwise provided for in this Clause 12.2, any claim under this Service Life Policy shall be administered as provided for in and shall be subject to the
terms and conditions of Clause 12.1.6. 

  

	12.2.4.4	In the event that the Seller shall have issued a modification applicable to an Aircraft, the purpose of which is to avoid a Failure, the Seller may elect to supply the
necessary modification kit free of charge or under a pro rata formula. If such a kit is so offered to the Buyer, then, to the extent of such Failure and any Failures that could ensue therefrom, the validity of the Seller’s commitment under this
Clause 12.2 shall be subject to the Buyer’s incorporating such modification in the relevant Aircraft, as promulgated by the Seller and in accordance with the Seller’s instructions, within a reasonable time. 

 

	12.2.4.5	This Service Life Policy is neither a warranty, performance guarantee, nor an agreement to modify any Aircraft or airframe components to conform to new developments
occurring in the state of airframe design and manufacturing art. 

 The Seller’s obligation herein is to
furnish only those corrections to the Items or provide replacement therefor as provided for in Clause 12.2.3. 
 The
Buyer’s sole remedy and relief for the non-performance of any obligation or liability of the Seller arising under or by virtue of this Service Life Policy shall be in monetary damages, limited to the amount the Buyer reasonably expends in
procuring a correction or replacement for any Item which is the subject of a Failure covered by this Service Life Policy and to which such non-performance is related. 
 The Buyer hereby waives, releases and renounces all claims to any further damages, direct, incidental or consequential, including loss of profits and all other rights, claims and remedies, arising under
or by virtue of this Service Life Policy. 
  

	12.2.5	Transferability 

 The
Buyer’s rights under this Clause 12.2 shall not be assigned, sold, transferred or otherwise alienated by operation of law or otherwise, without the Seller’s prior consent thereto, which shall not be unreasonably withheld and given in
writing. 
 Any unauthorized assignment, sale, transfer or other alienation of the Buyer’s rights under this Service Life
Policy shall, as to the particular Aircraft involved, immediately void this Service Life Policy in its entirety. 

  
 Clause 12
– Page 12/16 

	12.3	Supplier Product Support Agreements 

 Prior to the Delivery of the first Aircraft, the Seller shall provide the Buyer with such warranties and service life policies that the Seller has obtained pursuant to the Supplier Product Support
Agreement. 
  

	12.3.1	Definitions 

  

	12.3.1.1	“Supplier” means any supplier of Supplier Parts. 

  

	12.3.1.2	“Supplier Part” means any component, equipment, accessory or part installed in an Aircraft at the time of Delivery thereof as to which there exists a
Supplier Product Support Agreement. However, the Propulsion Systems and Buyer Furnished Equipment and other equipment selected by the Buyer to be supplied by Suppliers with whom the Seller has no existing enforceable warranty agreements are not
Supplier Parts. 

  

	12.3.1.3	“Supplier Product Support Agreement” means an agreement between the Seller and a Supplier containing enforceable and transferable warranties and, in
the case of landing gear suppliers, service life policies for selected structural landing gear elements. 

  

	12.3.2	Supplier’s Default 

  

	12.3.2.1	In the event of any Supplier, under any standard warranty obtained by the Seller pursuant to Clause 12.3.1, defaulting in the performance of any material
obligation with respect thereto and the Buyer submitting in reasonable time to the Seller reasonable proof that such default has occurred, then Clause 12.1 shall apply to the extent the same would have been applicable had such Supplier Part
been a Warranted Part, except that the Supplier’s warranty period as indicated in the Supplier Product Support Agreement shall apply. 

  

	12.3.2.2	In the event of any Supplier, under any Supplier Service Life Policy obtained by the Seller pursuant to Clause 12.3.1, defaulting in the performance of any
material obligation with respect thereto and the Buyer submitting in reasonable time to the Seller reasonable proof that such default has occurred, then Clause 12.2 shall apply to the extent the same would have been applicable had such Supplier
Item been listed in Exhibit F, Seller Service Life Policy, except that the Supplier’s Service Life Policy period as indicated in the Supplier Product Support Agreement shall apply. 

 

	12.3.2.3	At the Seller’s request, the Buyer shall assign to the Seller, and the Seller shall be subrogated to, all of the Buyer’s rights against the relevant Supplier
with respect to and arising by reason of such default and shall provide reasonable assistance to enable the Seller to enforce the rights so assigned. 

  
 Clause 12
– Page 13/16 

	12.4	Interface Commitment 

  

	12.4.1	Interface Problem 

If the Buyer experiences any technical problem in the operation of an Aircraft or its systems due to a malfunction, the cause of which,
after due and reasonable investigation, is not readily identifiable by the Buyer, but which the Buyer reasonably believes to be attributable to the design characteristics of one or more components of the Aircraft (“Interface
Problem”), the Seller shall, if so requested by the Buyer, and without additional charge to the Buyer except for transportation of the Seller’s personnel to the Buyer’s facilities, promptly conduct or have conducted an
investigation and analysis of such problem to determine, if possible, the cause or causes of the problem and to recommend such corrective action as may be feasible. The Buyer shall furnish to the Seller all data and information in the Buyer’s
possession relevant to the Interface Problem, and shall cooperate with the Seller in the conduct of the Seller’s investigations and such tests as may be required. 
 At the conclusion of such investigation the Seller shall promptly advise the Buyer in writing of the Seller’s opinion as to the cause or causes of the Interface Problem and the Seller’s
recommendations as to corrective action. 
  

	12.4.2	Seller’s Responsibility 

 If the Seller determines that the Interface Problem is primarily attributable to the design of a Warranted Part, the Seller shall, if so requested by the Buyer and pursuant to the terms and conditions of
Clause 12.1, correct the design of such Warranted Part to the extent of the Seller’s obligation as defined in Clause 12.1. 
  

	12.4.3	Supplier’s Responsibility 

 If the Seller determines that the Interface Problem is primarily attributable to the design of any Supplier Part, the Seller shall, if so requested by the Buyer, reasonably assist the Buyer in processing
any warranty claim the Buyer may have against the Supplier. 
  

	12.4.4	Joint Responsibility 

 If
the Seller determines that the Interface Problem is attributable partially to the design of a Warranted Part and partially to the design of any Supplier Part, the Seller shall, if so requested by the Buyer, seek a solution to the Interface Problem
through cooperative efforts of the Seller and any Supplier involved. 
 The Seller shall promptly advise the Buyer of such
corrective action as may be proposed by the Seller and any such Supplier. Such proposal shall be consistent with any then existing obligations of the Seller hereunder and of any such Supplier to the Buyer. Such corrective action when accepted by the
Buyer shall constitute full satisfaction of any claim the Buyer may have against either the Seller or any such Supplier with respect to such Interface Problem. 

  
 Clause 12
– Page 14/16 

	12.4.5	General 

  

	12.4.5.1	All requests under this Clause 12.4 shall be directed to both the Seller and the Supplier. 

 

	12.4.5.2	Except as specifically set forth in this Clause 12.4, this Clause shall not be deemed to impose on the Seller any obligations not expressly set forth elsewhere in
this Clause 12. 

  

	12.4.5.3	All reports, recommendations, data and other documents furnished by the Seller to the Buyer pursuant to this Clause 12.4 shall be deemed to be delivered under this
Agreement and shall be subject to the terms, covenants and conditions set forth in this Clause 12. 

  

	12.5	Waiver, Release and Renunciation 

 THE WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE SELLER AND/OR ITS SUPPLIERS AND REMEDIES OF THE BUYER SET FORTH IN THIS CLAUSE 12 ARE EXCLUSIVE AND IN SUBSTITUTION FOR, AND THE BUYER HEREBY WAIVES,
RELEASES AND RENOUNCES ALL OTHER WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE SELLER AND/OR ITS SUPPLIERS AND RIGHTS, CLAIMS AND REMEDIES OF THE BUYER AGAINST THE SELLER, ITS SUPPLIERS AND/OR THEIR INSURERS, EXPRESS OR IMPLIED, ARISING BY LAW OR
OTHERWISE WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN ANY AIRCRAFT, COMPONENT, EQUIPMENT, ACCESSORY, PART, SOFTWARE OR DATA DELIVERED UNDER THIS AGREEMENT INCLUDING BUT NOT LIMITED TO: 

 

	 	(A)	ANY WARRANTY AGAINST HIDDEN DEFECTS (GARANTIE DES VICES CACHES); 

  

	 	(B)	ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS; 

  

	 	(C)	ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE; 

 

	 	(D)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY, WHETHER CONTRACTUAL OR DELICTUAL AND WHETHER OR NOT ARISING FROM THE SELLER’S AND/OR ITS SUPPLIERS’
NEGLIGENCE, ACTUAL OR IMPUTED; AND 

  

	 	(E)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY FOR LOSS OR DAMAGE TO ANY AIRCRAFT, COMPONENT, EQUIPMENT, ACCESSORY, PART, SOFTWARE OR DATA DELIVERED UNDER THIS
AGREEMENT. 

  
 Clause 12
– Page 15/16 

 THE SELLER AND/OR ITS SUPPLIERS SHALL HAVE NO OBLIGATION OR LIABILITY, HOWSOEVER ARISING,
FOR LOSS OF USE, REVENUE OR PROFIT OR FOR ANY OTHER DIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN ANY AIRCRAFT, COMPONENT, EQUIPMENT, ACCESSORY, PART, SOFTWARE OR DATA DELIVERED UNDER THIS AGREEMENT.

 FOR THE PURPOSES OF THIS CLAUSE 12.5, “THE SELLER” SHALL INCLUDE THE SELLER, ITS AFFILIATES AND ANY OF THEIR
RESPECTIVE INSURERS. 
  

	12.6	Duplicate Remedies 

 The
Seller shall not be obliged to provide any remedy which duplicates any other remedy already provided to the Buyer in respect of the same defect under any part of this Clause 12 as such Clause may be amended, complemented or supplemented by
other contractual agreements or by other Clauses of this Agreement. 
  

	12.7	Negotiated Agreement 

The Buyer specifically recognises that: 
  

	 	(i)	the Specification has been agreed upon after careful consideration by the Buyer using its judgment as a professional operator of aircraft used in public transportation
and as such is a professional within the same industry as the Seller; 

  

	 	(ii)	this Agreement, and in particular this Clause 12, has been the subject of discussion and negotiation and is fully understood by the Buyer;

  

	 	(iii)	the price of the Aircraft and the other mutual agreements of the Buyer set forth in this Agreement were arrived at in consideration of, inter alia, the provisions of
this Clause 12, specifically including the waiver, release and renunciation by the Buyer set forth in Clause 12.5. 

  
 Clause 12
– Page 16/16 

	13	PATENT AND COPYRIGHT INDEMNITY 

  

	13.1	Indemnity 

  

	13.1.1	Subject to the provisions of Clause 13.2.3, the Seller shall indemnify the Buyer from and against any damages, costs or expenses including legal costs (excluding
damages, costs, expenses, loss of profits and other liabilities in respect of or resulting from loss of use of the Aircraft) resulting from any infringement or claim of infringement by the Airframe (or any part or software installed therein at
Delivery) of: 

  

	 	(i)	any British, French, German, Spanish or U.S. patent; 

 and 
  

	 	(ii)	any patent granted by any other country in which any part, component or accessory of the Airframe or any such software is designed or manufactured at the request or
direction of the Seller and any patent issued under the laws of any other country in which the Buyer may lawfully operate the Aircraft, provided that: 

  

	 	(1)	from the time of design of such Airframe, accessory, equipment or part and until infringement claims are resolved, such country and the flag country of the Aircraft are
each a party to the Chicago Convention on International Civil Aviation of December 7, 1944, and are each fully entitled to all benefits of Article 27 thereof, 

or in the alternative, 
  

	 	(2)	from such time of design and until infringement claims are resolved, such country and the flag country of the Aircraft are each a party to the International Convention
for the Protection of Industrial Property of March 20, 1883 (“Paris Convention”); 

 and

  

	 	(iii)	in respect of computer software installed on the Aircraft, any copyright, provided that the Seller’s obligation to indemnify shall be limited to infringements in
countries which, at the time of infringement, are members of The Berne Union and recognise computer software as a “work” under the Berne Convention. 

 

	13.1.2	Clause 13.1.1 shall not apply to 

  

	 	(i)	Buyer Furnished Equipment or Propulsion Systems; or 

  

	 	(ii)	parts not supplied pursuant to a Supplier Product Support Agreement; or 

  

	 	(iii)	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 13
– Page 1/3 

	13.1.3	In the event that the Buyer is prevented from using the Aircraft (whether by a valid judgement of a court of competent jurisdiction or by a settlement arrived at
between claimant, Seller and Buyer), the Seller shall at its expense either: 

  

	 	(i)	procure for the Buyer the right to use the same free of charge to the Buyer; or 

 

	 	(ii)	replace the infringing part of the Aircraft as soon as possible with a non-infringing substitute complying in all other respects with the requirements of this
Agreement. 

  

	13.2	Administration of Patent and Copyright Indemnity Claims 

  

	13.2.1	If the Buyer receives a written claim or a suit is threatened or commenced against the Buyer for infringement of a patent or copyright referred to in Clause 13.1,
the Buyer shall: 

  

	 	(i)	forthwith notify the Seller giving particulars thereof; 

  

	 	(ii)	furnish to the Seller all data, papers and records within the Buyer’s control or possession relating to such patent or claim; 

 

	 	(iii)	refrain from admitting any liability or making any payment or assuming any expenses, damages, costs or royalties or otherwise acting in a manner prejudicial to the
defense or denial of such suit or claim provided always that nothing in this sub-Clause (iii) shall prevent the Buyer from paying such sums as may be required in order to obtain the release of the Aircraft, provided such payment is accompanied
by a denial of liability and is made without prejudice; 

  

	 	(iv)	at Sellers expense, fully co-operate with, and render all such assistance to, the Seller as may be pertinent to the defense or denial of the suit or claim;

  

	 	(v)	to the extent commercially reasonable, act in such a way as to mitigate damages and / or to reduce the amount of royalties which may be payable as well as to minimise
costs and expenses. 

  
 Clause 13
– Page 2/3 

	13.2.2	The Seller shall be entitled either in its own name or on behalf of the Buyer to conduct negotiations with the party or parties alleging infringement and may assume and
conduct the defense or settlement of any suit or claim in the manner which, in the Seller’s opinion, it deems proper. 

  

	13.2.3	The Seller’s liability hereunder shall be conditional upon the strict and timely compliance by the Buyer with the terms of this Clause and is in lieu of any other
liability to the Buyer express or implied which the Seller might incur at law as a result of any infringement or claim of infringement of any patent or copyright. 

  
 Clause 13
– Page 3/3 

 APPENDIX B TO CLAUSE 14 
  

	14	TECHNICAL DATA AND SOFTWARE SERVICES 

 This Clause covers the terms and conditions for the supply of technical data and software services (hereinafter “Technical Data”) to support the Aircraft operation. 

 

	14.1	Scope 

 The Technical
Data shall be supplied in the English language using the aeronautical terminology in common use. 
 Range, form, type, format,
Air Transport Association (“ATA”) / Non ATA compliance, quantity and delivery schedule of the Technical Data to be provided under this Agreement are covered in Exhibit G. 

If the Buyer does not use or only partially uses the Technical Data provided pursuant to this Clause, the Buyer shall not be entitled to
compensation or credit. 
  

	14.2	Aircraft Identification for Technical Data 

  

	14.2.1	For the customized Technical Data the Buyer agrees to the allocation of fleet serial numbers (“Fleet Serial Numbers”) in the form of block of numbers
selected in the range from 001 to 999. 

  

	14.2.2	The sequence shall not be interrupted except if two (2) different Propulsion Systems or two (2) different Aircraft models are selected.

  

	14.2.3	The Buyer shall indicate to the Seller the Fleet Serial Number allocated to each Aircraft corresponding to the Aircraft rank in the Delivery schedule set forth in
Clause 9.1.1 hereof within ***** after execution of this Agreement. The subsequent allocation of such Fleet Serial Numbers to Manufacturer’s Serial Numbers for the purpose of producing customized Technical Data shall not constitute any
property, insurable or other interest of the Buyer whatsoever in any Aircraft prior to the Delivery of such Aircraft as provided for in this Agreement. 

 The affected customized Technical Data are: 
  

	 	-	Aircraft Maintenance Manual, 

  

	 	-	Illustrated Parts Catalog, 

  

	 	-	Trouble Shooting Manual, 

  

	 	-	Aircraft Wiring Manual, 

  

	 	-	Aircraft Schematics Manual, 

  

	 	-	Aircraft Wiring Lists. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 1/21 

 APPENDIX B TO CLAUSE 14 
  

	14.3	Integration of Equipment Data 

  

	14.3.1	Supplier Equipment 

Information relating to Supplier equipment which is installed on the Aircraft by the Seller shall be introduced into the customized
Technical Data to the extent necessary for the comprehension of the systems concerned, at no additional charge to the Buyer for the Technical Data basic issue. 
  

	14.3.2	Buyer Furnished Equipment 

  

	14.3.2.1	The Seller shall introduce Buyer Furnished Equipment data, for equipment which is installed on the Aircraft by the Seller, into the customized Technical Data at no
additional charge to the Buyer for the Technical Data basic issue, provided such data is provided in accordance with the conditions set forth in Clauses 14.3.2.2 through 14.3.2.5 hereunder. 

 

	14.3.2.2	The Buyer shall supply the data related to Buyer Furnished Equipment to the Seller at least ***** before the scheduled delivery of the customized Technical Data. The
Buyer Furnished Equipment data supplied to the Buyer by the Seller shall be in English Language. 

  

	14.3.2.3	The supplied Buyer Furnished Equipment data shall be established in compliance with ATA 2200 standard Specification, in the Revision applicable to the corresponding
Aircraft type. 

 Subsequent revisions of the ATA Specification shall be considered as applicable. 

 

	14.3.2.4	The Buyer and the Seller shall agree on the requirements for the provision to the Seller of BFE data for “on-aircraft maintenance”, such as but not limited to
timeframe, media and format, for integration of such data into Technical Data, with the aim of managing the BFE data integration process in an efficient, expedite and economic manner. 

 

	14.3.2.5	The Buyer Furnished Equipment data shall be delivered in digital format (SGML) and/or in Portable Document Format (PDF), as shall have been set forth in the Data
Supply/Exchange Agreement. 

  

	14.3.2.6	All costs related to the delivery to the Seller of the applicable Buyer Furnished Equipment data shall be borne by the Buyer ***** 

 

	14.4	Delivery 

  

	14.4.1	The Technical Data are delivered on-line and/or off-line, as set forth in Exhibit G hereto. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 2/21 

 APPENDIX B TO CLAUSE 14 
  

	14.4.2	For Technical Data not delivered on-line, the Technical Data and corresponding revisions to be supplied by the Seller shall be sent to one address only as advised by
the Buyer. 

  

	14.4.3	Packing and shipment of the Technical Data and their revisions shall be carried out in consideration of the quickest transportation methods. The shipment shall be Free
Carrier (FCA) TOULOUSE, FRANCE and/or Free Carrier (FCA) HAMBURG, FEDERAL REPUBLIC OF GERMANY, as the term Free Carrier (FCA) is defined by publication n° 560 of the International Chamber of Commerce, published in January 2000.

  

	14.4.4	The delivery schedule of the Technical Data shall be phased as mutually agreed to correspond with Aircraft Deliveries. The Buyer agrees to provide ***** notice when
requesting a change to the delivery schedule. 

  

	14.4.5	It shall be the responsibility of the Buyer to coordinate and satisfy local Aviation Authorities’ needs for Technical Data. Reasonable quantities of such Technical
Data shall be supplied by the Seller ***** to the Buyer Free Carrier (FCA) TOULOUSE, FRANCE and/or Free Carrier (FCA) HAMBURG, FEDERAL REPUBLIC OF GERMANY. 

 

	14.5	Revision Service 

 Unless
otherwise specifically stated, revision service shall be provided ***** for a period of ***** 
 Thereafter revision service
shall be provided at the standard conditions set forth in the then current Seller’s Customer Services Catalog. 
  

	14.6	Service Bulletins (SB) Incorporation 

 During the period of revision service and upon the Buyer’s request for incorporation, which shall be made within two years after issuance of a Service Bulletin, Seller’s Service Bulletin
information shall be incorporated into the Technical Data for the Buyer’s Aircraft after formal notification by the Buyer of its intention to accomplish a Service Bulletin. The split effectivity for the corresponding Service Bulletin shall
remain in the Technical Data until notification from the Buyer that embodiment has been completed on all the Buyer’s Aircraft. The above is applicable for Technical Data relating to maintenance. For the operational Data only the pre or post
Service Bulletin status shall be shown. 
  

	14.7	Future Developments 

 The
Seller shall continuously monitor technological developments and apply them to data and document production and methods of transmission where beneficial and economical. The Buyer accepts to consider any new development proposed by the Seller for
possible implementation. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 3/21 

 APPENDIX B TO CLAUSE 14 
  

	14.8	Technical Data Familiarization 

 Upon request by the Buyer, the Seller is ready to provide a ***** Technical Data familiarization training at the Seller’s or at the Buyer’s facilities. If such familiarization is conducted at
the Buyers facilities, the Buyer shall reimburse the Seller for all air travel (business class) and living expenses of the representatives of the Seller conducting such familiarization. 

 

	14.9	Customer Originated Changes (COC) 

  

	14.9.1	Buyer originated data may be introduced as COC into the following customized Technical Data: 

 

	 	-	Aircraft Maintenance Manual, 

  

	 	-	Illustrated Parts Catalog, 

  

	 	-	Trouble Shooting Manual, 

  

	 	-	Aircraft Wiring Manual, 

  

	 	-	Aircraft Schematics Manual, 

  

	 	-	Aircraft Wiring Lists, 

  

	 	-	Flight Crew Operating Manual, 

  

	 	-	Quick Reference Handbook. 

  

	14.9.2	COC data shall be established by the Buyer according to the Customer Guide for Customer Originated Changes, as issued by the Seller. The Buyer shall ensure that any
such data is in compliance with the requirements of its local Aviation Authorities. 

 COC data shall be
incorporated by the Seller into all affected customized Technical Data unless the Buyer specifies in writing the documents of its choice into which the COC data shall be incorporated. The customized Technical Data into which the COC data are
incorporated shall only show the Aircraft configuration reflecting the COC data and not the configuration before such COC data’s incorporation. 
  

	14.9.2.1	The Buyer hereby acknowledges and accepts that the incorporation of any COC into the Technical Data issued by the Seller shall be entirely at the Buyer’s risk and
that the Seller shall not be required to check any COC data submitted for incorporation. 

 Further, the Buyer
acknowledges full liability for the effects, including all related costs, which any COC may have on any subsequent Service Bulletins and/or modifications. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 4/21 

 APPENDIX B TO CLAUSE 14 
  

	14.9.2.2	THE SELLER HEREBY EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES OR LIABILITIES, EXPRESSED OR IMPLIED, ORAL OR WRITTEN, ARISING BY LAW, COURSE OF DEALING OR OTHERWISE, AND
WITHOUT LIMITATION ALL WARRANTIES AS TO QUALITY, OPERATION, MERCHANTABILITY, FITNESS FOR ANY INTENDED PURPOSE, AND ALL OTHER CHARACTERISTICS WHATSOEVER, INCLUDING ANY OMISSIONS OR INACCURACIES THEREIN, OF ANY CUSTOMER ORIGINATED CHANGES INCORPORATED
INTO THE TECHNICAL DATA ISSUED BY THE SELLER. 

 THE FOREGOING DISCLAIMER SHALL ALSO APPLY TO ANY OTHER PORTION OF
THE SELLER’S TECHNICAL DATA WHICH MAY BE AFFECTED BY ANY SUCH CUSTOMER ORIGINATED CHANGES. 
  

	14.9.2.3	In the event of the Seller being required under any court order or settlement to indemnify any third party for injury, loss or damage incurred directly or indirectly as
a result of incorporation of any COC into the Technical Data issued by the Seller, the Buyer agrees to reimburse the Seller for all payments or settlements made in respect of such injury, loss or damage including any expenses incurred by the Seller
in defending such claims. 

  

	14.9.2.4	In the event of the Buyer selling, leasing or otherwise transferring the Aircraft to which the COC data apply, the Buyer hereby agrees that, unless the COC data are
removed from the Technical Data at the Buyer’s request and expense prior to such transfer: 

  

	 	(i)	the Buyer shall remain fully liable for the COC data and any and all effects of their incorporation, as set forth in this Clause 14.9; 

 

	 	(ii)	the Seller may disclose the COC data to the subsequent owner(s) or operator(s) of the transferred Aircraft; 

 

	 	(iii)	it shall be the sole responsibility of the Buyer to notify, or cause to be notified, the subsequent owner(s) or operator(s) of the existence of the such COC data in the
Technical Data applicable to the corresponding Aircraft. 

 The Seller hereby disclaims any and all liabilities
whatsoever for the COC data in the event of transfer, sale or lease as set forth hereabove. 
  

	14.9.3	The incorporation of any COC as aforesaid shall be performed under the conditions specified in the Seller’s then current Customer Services Catalog.

  

	14.10	Software Services 

  

	14.10.1	***** 

  

	14.10.1.1	In addition to the standard operational manuals, the Seller shall provide to the Buyer software components and databases composing the Performance Engineer’s
Programs (PEP) for the Aircraft type covered under this Agreement under licence conditions as defined in Appendix A to this Clause. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 5/21 

 APPENDIX B TO CLAUSE 14 
  

	14.10.1.2	Use of the PEP shall be limited to ***** The PEP is intended for use on ground only and shall not be embarked on board of the Aircraft. 

 

	14.10.1.3	The licence to use the PEP ***** 

  

	14.10.2	AirN@v and/or ADOC N@vigator Based Consultation 

 Certain Technical Data are provided on DVD and/or on line under licence conditions as defined in Appendix A to this Clause. 
 The affected Technical Data under AirN@v are the following: 
  

	 	-	Trouble Shooting Manual, 

  

	 	-	Aircraft Maintenance Manual, 

  

	 	-	Illustrated Parts Catalog (Airframe), 

  

	 	-	Aircraft Schematics Manual, 

  

	 	-	Aircraft Wiring Lists, 

  

	 	-	Aircraft Wiring Manual, 

  

	 	-	Electrical Standard Practices Manual, 

  

	 	-	Consumable Material List, 

  

	 	-	Standards Manual. 

 The affected
Technical Data covered under an Advanced Consultation Tool based on ADOC N@vigator browser are: 
  

	 	-	Engineering Documentation Combined Index 

  

	 	-	Engineering Drawings Parts Usage 

  

	 	-	Engineering Drawings Parts List 

The ***** AirN@v and/or ADOC N@vigator based products ***** 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

	

  
 Clause 14
– Page 6/21 

 APPENDIX B TO CLAUSE 14 
  

	14.10.3	Airbus World Customer Portal 

  

	14.10.3.1	The Buyer shall be entitled to obtain access to a wide range of information and services, including Technical Data, available in the secure zone of Airbus’
Customer Portal Airbus/World (“Airbus World”). 

 Access to the secure zone of Airbus/World,
which is reserved to Airbus owners and operators (the “Secure Zone”), shall be subject to the prior signature by the Buyer of the “General Terms and Conditions of Access to and Use of Airbus Secure Area of Customer Portal”
(hereinafter the “GTC.”). 
 A description of the Basic Services, which are available to the Buyer in the
Secure Zone and are provided to the Buyer free of charge after signature of the GTC, for as long as the Buyer operates the Aircraft, is set forth in Appendix B to this Clause 14. 

Furthermore, although part of the data available on Airbus/World is neither sensitive nor confidential and is also available to the
general Internet public in the public zone of the portal (the “Public Zone”), it is however recommended that for simplicity of access the Buyer find this information in the Secure Zone. 

 

	14.10.3.2	On-Line Technical Data 

  

	14.10.3.2.1	The Technical Data defined in Exhibit “G” as being provided on-line shall be made available to the Buyer through the Secure Zone. 

Such provision shall be ***** accordance with Clause 14.5 

 

	14.10.3.2.2	The list of the Technical Data available on-line may be extended from time to time. 

For any Technical Data which is or becomes available on-line, the Seller reserves the right to suppress other formats for the concerned
Technical Data. 
  

	14.10.3.3	Access to the Secure Zone shall be granted ***** of the Buyer’s users (including one Buyer Administrator) for the Technical Data related to the Aircraft which
shall be operated by the Buyer. 

  

	14.10.3.4	For the sake of clarification, it is hereby specified that Technical Data accessed through the Secure Zone—which access shall be covered by terms and conditions
set forth in the GTC — shall remain subject to the conditions of this Clause 14. 

 In addition, should
the Secure Zone provide access to Technical Data in software format, the use of such software shall be further subject to the conditions of Appendix A hereto. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 7/21 

 APPENDIX B TO CLAUSE 14 
  

	14.11	Warranties 

  

	14.11.1	The Seller warrants that the Technical Data are prepared in accordance with the state of art at the date of their conception. Should any Technical Data prepared by the
Seller contain errors or omissions, the sole and exclusive liability of the Seller shall be to take all reasonable and proper steps to, at its option, correct or replace such Technical Data. Notwithstanding the above, no warranties of any kind are
given for the Customer Originated Changes, as set forth in Clause 14.9. 

  

	14.11.2	THE WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE SELLER AND/OR ITS SUPPLIERS AND REMEDIES OF THE BUYER SET FORTH IN THIS CLAUSE 14 ARE EXCLUSIVE AND IN SUBSTITUTION
FOR, AND THE BUYER HEREBY WAIVES, RELEASES AND RENOUNCES ALL OTHER WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE SELLER AND/OR ITS SUPPLIERS AND RIGHTS, CLAIMS AND REMEDIES OF THE BUYER AGAINST THE SELLER, ITS SUPPLIERS AND/OR THEIR INSURERS,
EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE, WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN ANY TECHNICAL DATA DELIVERED UNDER THIS AGREEMENT, INCLUDING BUT NOT LIMITED TO: 

 

	 	(A)	ANY WARRANTY AGAINST HIDDEN DEFECTS (GARANTIE DES VICES CACHES); 

  

	 	(B)	ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS; 

  

	 	(C)	ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE; 

 

	 	(D)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY, WHETHER CONTRACTUAL OR DELICTUAL AND WHETHER OR NOT ARISING FROM THE SELLER’S AND/OR ITS SUPPLIERS’
NEGLIGENCE, ACTUAL OR IMPUTED; AND 

  

	 	(E)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY FOR LOSS OR DAMAGE TO ANY AIRCRAFT, COMPONENT, EQUIPMENT, ACCESSORY OR PART THEREOF OR ANY TECHNICAL DATA DELIVERED
HEREUNDER. 

 THE SELLER AND/OR ITS SUPPLIERS SHALL HAVE NO OBLIGATION OR LIABILITY, HOWSOEVER ARISING, FOR LOSS
OF USE, REVENUE OR PROFIT OR FOR ANY OTHER DIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN ANY TECHNICAL DATA DELIVERED UNDER THIS AGREEMENT. 

  
 Clause 14
– Page 8/21 

 APPENDIX B TO CLAUSE 14 
  

 FOR THE PURPOSES OF THIS CLAUSE 14.11.2, “THE SELLER” SHALL INCLUDE THE
SELLER, ITS AFFILIATES AND ANY OF THEIR RESPECTIVE INSURERS. 
  

	14.12	Proprietary Rights 

  

	14.12.1	All proprietary rights, including but not limited to patent, design and copyrights, relating to Technical Data shall remain with the Seller and/or its Affiliates as the
case may be. 

 These proprietary rights shall also apply to any translation into a language or languages or media
that may have been performed or caused to be performed by the Buyer. 
  

	14.12.2	Whenever this Agreement provides for manufacturing by the Buyer, the consent given by the Seller shall not be construed as express or implicit approval howsoever
neither of the Buyer nor of the manufactured products. The supply of the Technical Data shall not be construed as any further right for the Buyer to design or manufacture any Aircraft or part thereof or spare part. 

 

	14.13	Confidentiality 

  

	14.13.1	The Technical Data and their content are designated as confidential. All such Technical Data are supplied to the Buyer for the sole use of the Buyer who undertakes not
to disclose the contents thereof to any third party (except as necessary in connection with Buyer’s operations or maintenance of an Aircraft and provided such third party has executed the Data Release Agreement (“DRA”) issued
by the Seller) without the prior written consent of the Seller save as permitted therein or otherwise pursuant to any government or legal requirement imposed upon the Buyer. 

 

	14.13.2	In the case of the Seller having authorized the disclosure to third parties either under this Agreement or by an express prior written authorization, the Buyer shall
undertake that such third party agree to be bound by the same conditions and restrictions as the Buyer with respect to the disclosed Technical Data. 

  
 Clause 14
– Page 9/21 

 APPENDIX B TO CLALUSE 14 
  

 APPENDIX A TO CLAUSE 14 

LICENCE FOR USE 
 OF 
 SOFTWARE 

  
 Clause 14
– Page 10/21 

 APPENDIX B TO CLAUSE 14 
  

 LICENCE FOR USE OF SOFTWARE 

 

	1.	Definitions 

 For the
purposes of this licence the following definitions shall apply: 
 “Licensor” means the Seller. 

“Licensee” means the Buyer. 
 “Software” means the set of programs, configurations, processes, rules and, if applicable, documentation related to the operation of the data processing. 

***** 

“Composite Work” means the work composed of various elements, such as database, software or data, and which necessitates
the use of the Software. 
 “User Guide” means the documentation, which may be in electronic format, designed
to assist the Licensee to use the Software, ***** or Composite Work, as applicable. 
 Capitalized terms used herein and not
otherwise defined in this Software Licence shall have the meaning assigned thereto in the Agreement. 
  

	2.	Grant 

 The Licensor
grants the Licensee the right to use the Software under the conditions set forth below (the “Software Licence”). The Software Licence shall also apply to any ***** and/or Composite Work delivered by the Licensor. 

 

	3.	Personal Licence 

 The
sole right granted to the Licensee under this Software Licence is the right to use the Software. The Software Licence is personal to the Licensee, for its own internal use, and is non-transferable and non-exclusive. 

 

	4.	Copies 

 Use of the
Software is limited to the number of copies delivered by the Licensor to the Licensee and to the medium on which the Software is delivered. No reproduction shall be made without the written consent of the Licensor. It is however agreed that the
Licensee is authorized to copy the Software for back-up and archiving purposes. Any copy authorized by the Licensor to be made by the Licensee shall be performed under the sole responsibility of the Licensee. The Licensee agrees to reproduce the
copyright and other notices as they appear on or within the original media on any copies that the Licensee makes of the Software. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 11/21 

 APPENDIX B TO CLAUSE 14 
  

	5.	Term 

 Subject to the
Licensee having complied with the terms of this Software Licence, the rights under the Software Licence shall be ***** 
  

	6.	Conditions of Use 

 Under
the present Software Licence, the Licensee shall: 
  

	 	•	do its utmost to maintain the Software and the relating documentation in good working condition, in order to ensure the correct operation thereof;

  

	 	•	use the Software in accordance with such documentation and the User Guide, and ensure that the staff using the Software has received the appropriate training;

  

	 	•	use the Software exclusively in the technical environment defined in the applicable User Guide, except as otherwise agreed in writing between the parties (subject to
said agreement, decompilation may be exceptionally agreed to by the Licensor in order for the Licensee to obtain the necessary information to enable the Software to function in another technical environment); 

 

	 	•	use the Software for its own internal needs and on its network only, when technically possible, and exclusively on the machine referenced and the site declared;

  

	 	•	not alter, reverse engineer, modify or adapt the Software, nor integrate all or part of the Software in any manner whatsoever into another software product;

  

	 	•	when the source code is provided to the Licensee, the Licensee shall have the right to study and test the Software, under conditions to be expressly specified by the
Licensor, but in no event shall the Licensee have the right to correct, modify or translate the Software; 

  

	 	•	not correct the Software, except that such correction right may exceptionally be granted to the Licensee by the Licensor in writing; 

 

	 	•	not translate, disassemble or decompile the Software, nor create a software product derived from the Software; 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 12/21 

 APPENDIX B TO CLAUSE 14 
  

	 	•	not attempt to or authorize a third party to discover or re-write the Software source codes in any manner whatsoever; 

 

	 	•	not delete any identification or declaration relative to the intellectual property rights, trademarks or any other information related to ownership or intellectual
property rights provided in the Software by the Licensor; 

  

	 	•	not pledge, sell, distribute, grant, sub-licence, lease, lend, whether on a free-of-charge basis or against payment, or permit access on a time-sharing basis or any
other utilization of the Software, whether in whole or in part, for the benefit of a third party; 

  

	 	•	not permit any third party to use the Software in any manner, including but not limited to, any outsourcing, loan, commercialization of the Software or
commercialization by merging the Software into another software or adapting the Software, without prior written consent from the Licensor. 

 The Licensor shall be entitled, subject to providing reasonable prior written notice thereof to the Licensee, to come and verify in the Licensee’s facilities whether the conditions specified in the
present Software Licence are respected. This shall not however engage the responsibility of the Licensor in any way whatsoever. 
  

	7.	Training 

 In addition to
the User Guide provided with the Software, training and other assistance shall be provided upon the Licensee’s request on a chargeable basis. 
  

	8.	Proprietary Rights 

 The
Software is proprietary to the Licensor or the Licensor has acquired the intellectual property rights necessary to grant this Software Licence. The copyright and all other proprietary rights in the Software are and shall remain the property of the
Licensor. 
 The Licensor reserves the right to modify any Software at its sole discretion without prior notice to the Licensee.

  

	9.	Copyright Indemnity 

 The
Licensor shall defend and indemnify the Licensee against any claim that the normal use of the Software infringes the intellectual property rights of any third party, provided that the Licensee: 

 

	 	•	Immediately notifies the Licensor of any such claim; 

  

	 	•	Makes no decision or settlement of any claim; 

  

	 	•	Allows the Licensor to have sole control over all negotiations for its settlement; 

 

	 	•	Gives the Licensor all reasonable assistance in connection therewith. 

  
 Clause 14
– Page 13/21 

 APPENDIX B TO CLAUSE 14 
  

 Should the Licensee be prevented from using the Software by any enforceable court
decision, the Licensor shall at its own costs and at its choice either modify the Software to avoid infringement or obtain for the Licensee the right to use the Software. 

 

	10.	Confidentiality 

 The
Software and its contents are designated as confidential. The Licensee undertakes not to disclose the Software or parts thereof to any third party without the prior written consent of the Licensor. In so far as it is necessary to disclose aspects of
the Software to the employees, such disclosure is permitted solely for the purpose for which the Software is supplied and only to those employees who need to know the same. 
 The obligations of the Licensee to maintain confidentiality shall survive the termination of the Software Licence grant for a period of ***** 

 

	11.	Warranty 

 The Licensor
warrants that the Software is prepared in accordance with the state of art at the date of its conception and shall perform substantially in accordance with its functional and technical specification at the time of delivery. Should the Software be
found to contain any nonconformity or defect, the Licensee shall notify the Licensor promptly thereof and the sole and exclusive liability of the Licensor under this Software Licence shall be to correct the same. 

THE WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE LICENSOR AND/OR ITS SUPPLIERS AND REMEDIES OF THE LICENSEE ARE EXCLUSIVE AND IN
SUBSTITUTION FOR, AND THE LICENSEE HEREBY WAIVES, RELEASE AND RENOUNCES, ALL OTHER WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE LICENSOR AND/OR ITS SUPPLIERS AND RIGHTS, CLAIMS AND REMEDIES OF THE LICENSEE AGAINST THE LICENSOR, ITS SUPPLIERS
AND/OR THEIR INSURERS, EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN ANY SOFTWARE DELIVERED UNDER THIS SOFTWARE LICENCE INCLUDING BUT NOT LIMITED TO: 

 

	 	(A)	ANY WARRANTY AGAINST HIDDEN DEFECTS (GARANTIE DES VICES CACHES); 

  

	 	(B)	ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS; 

  

	 	(C)	ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE; 

 

	 	(D)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY, WHETHER CONTRACTUAL OR DELICTUAL AND WHETHER OR NOT ARISING FROM THE LICENSOR’S AND/OR ITS SUPPLIERS’
NEGLIGENCE, ACTUAL OR IMPUTED; AND 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 14/21 

 APPENDIX B TO CLAUSE 14 
  

	 	(E)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY FOR LOSS OR DAMAGE TO ANY AIRCRAFT, COMPONENT, EQUIPMENT, ACCESSORY OR PART THEREOF OR ANY SOFTWARE DELIVERED
HEREUNDER. 

 THE LICENSOR AND/OR ITS SUPPLIERS SHALL HAVE NO OBLIGATION OR LIABILITY, HOWSOEVER ARISING, FOR LOSS
OF USE, REVENUE OR PROFIT OR FOR ANY OTHER DIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY NONCONFORMITY OR DEFECT IN ANY SOFTWARE DELIVERED UNDER THIS SOFTWARE LICENCE. 

FOR THE PURPOSES OF THIS CLAUSE 11, “THE LICENSOR” SHALL INCLUDE THE LICENSOR, ITS AFFILIATES AND ANY OF THEIR RESPECTIVE
INSURERS. 
 The Licensor shall have no liability for data that is entered into the Software by the Licensee and/or used for
computation purposes. 
  

	12.	Liability and Indemnity 

The Software is supplied under the express condition that, except as otherwise provided in this Agreement, the Licensor shall have no
liability in contract or in tort arising from or in connection with the use or possession by the Licensee of the Software and that the Licensee shall indemnify and hold the Licensor harmless from and against any liabilities and claims resulting from
such use or possession. 
  

	13.	Excusable Delays 

  

	13.1	The Licensor shall not be responsible nor be deemed to be in default on account of delays in delivery or otherwise in the performance of this Software Licence or any
part thereof due to causes reasonably beyond Licensor’s or its subcontractors’ control including but not limited to: natural disasters, fires, floods, explosions or earthquakes, epidemics or quarantine restrictions, serious accidents,
total or constructive total loss, any act of the government of the country of the Licensee or the governments of the countries of Licensor or its subcontractors, war, insurrections or riots, failure of transportation, communications or services,
strikes or labor troubles causing cessation, slow down or interruption of services, inability after due and timely diligence to procure materials, accessories, equipment or parts, failure of a subcontractor or vendor to furnish materials,
accessories, equipment or parts due to causes reasonably beyond such subcontractor’s or vendor’s control or failure of the Licensee to comply with its obligations arising out of the present Software Licence. The Licensor shall, as soon as
practicable after becoming aware of any delay falling within the provisions of this Clause, notify the Licensee of such delay and of the probable extent thereof and shall, subject to the conditions as hereinafter provided and as soon as practicable
after the removal of the cause or causes for delay, resume performance under the Software Licence. 

  
 Clause 14
– Page 15/21 

 APPENDIX B TO CLAUSE 14 
  

	13.2	Should an event of force majeure last for a period extending beyond ***** the Software Licence shall be automatically terminated, as a matter of right, unless otherwise
agreed in writing, without compensation for either the Licensor or the Licensee. 

  

	14.	Termination 

 In the
event of breach of an obligation set forth in this Software Licence by either the Licensor or the Licensee, which is not cured within ***** from the date of receipt of a written notice notifying the breach, the non-breaching party shall be entitled
to terminate this Software Licence. 
 In the event of termination for any cause, the Licensee shall no longer have any right to
use the Software and shall return to the Licensor all copies of the Software and any relating documentation together with an affidavit to that effect. In case of breach by the Licensee, the Licensor shall be entitled to retain any amount paid for
the ongoing year. 
  

	15.	General Provisions 

  

	15.1	This Software Licence or part thereof shall not be assigned to a third party without the prior written consent of the other party such consent shall not be unreasonably
withheld. 

  

	15.2	This Software Licence shall be governed by the laws of France. All disputes arising in connection with this Software Licence shall be submitted to the competent courts
of Toulouse, France. 

  

	15.3	In the event that any provision of this Software Licence should for any reason be held ineffective, the remainder of this Software Licence shall remain in full force
and effect. The invalid provision shall be replaced by such valid one as the parties would have chosen had they been aware of such invalidity. 

  

	15.4	All notices and requests required or authorized hereunder shall be given in writing either by registered mail (return receipt requested) or by telefax. In the case of
any such notice or request being given by registered mail, the date upon which the answerback is recorded by the addressee or, in case of a telefax, the date upon which the answerback is recorded by the sender’s telefax machine, shall be deemed
to be the effective date of such notice or request. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Clause 14
– Page 16/21 

 APPENDIX B TO CLAUSE 14 

APPENDIX B TO CLAUSE 14 
 Airbus/World Customer Portal 
 SECURE ZONE 

BASIC SERVICES 

  
 Clause 14
– Page 17/21 

 APPENDIX B TO CLAUSE 14 
  

	1.	General services 

  

	1.1	GCS General Information 

Providing general information such as: 
  

	 	•	Airbus Abbreviations Dictionary (AAD) 

  

	 	•	Airbus Monitored Retrofit Campaign 

  

	 	•	Engineering and Technical Services (Contact List) 

  

	 	•	Events & Symposium 

  

	 	•	On-line Services General Information 

  

	 	•	Training Catalogues 

  

	 	•	Monthly Service Report 

  

	 	•	Tutorials 

  

	 	•	Spares Information 

  

	 	•	Fast Magazine 

  

	 	•	Upgrade Services 

  

	1.2	FTP Site 

 This service
provides access on an ad-hoc basis to specific documents or data that first need to be downloaded onto the user’s local workstation for display and use, after prior arrangement with the corresponding Airbus technical counterpart. 

 

	1.3	“What is New” facility and E-mail notification 

 The “What is New function” allows a user to be informed of new information put On-Line within a specific date range (default value is between user’s last login and “now”).

 This facility is applicable to following services: 

 

	 	-	AIDA (Drawings) 

  

	 	-	AOG RG 

  

	 	-	CAWA 

  

	 	-	ETAS 

  

	 	-	General Information 

  

	 	-	SPSA 

  

	 	-	TPPO 

  

	 	-	VIM 

 As a complementary service
to the “What is New facility”, a subscription to e-mail notification is available for some mainly used documents. 

This function provides information of new data on-line, with direct access links, via e-mail, according to the user’s subscription.

  
 Clause 14
– Page 18/21 

 APPENDIX B TO CLAUSE 14 
  

	2.	Technical Data 

  

	2.1	ETDS (Engineering Technical Documentation) service 

 The service provides access via a document index to the contents of: 
  

	 	•	Service Bulletins—all SB in PDF, but SB issued after July 1997 in PDF and SGML 

 

	 	•	Technical Follow-Up (TFU)—all 

  

	 	•	Modification Information Document (MID)—all 

  

	 	•	All Operators Telex (AOT)—all 

  

	 	•	Operators Information Telex (OIT)—all 

  

	 	•	Flight Operations Telex (FOT)—all 

  

	 	•	Service Information Letter (SIL)—all 

  

	 	•	Consignes de Navigabilité (CN)—all 

  

	 	•	Advisory Directives (AD)—all 

 In addition, links between such documents are available through the service. 

Documents can be printed or downloaded, depending of their electronic format. 

SBs available in SGML format can be downloaded in SGML. 
 Printing will be based on PDF format. 
  

	2.2	STDO (Supplier Technical Manuals) service 

 The Supplier Technical Manuals service provides an on-line consultation of Suppliers’ component maintenance manuals (CMMv) available in PDF. 

It allows access to Suppliers’ CMMs that are effective for the Buyer’s fleet. Through the application interface, users are able
to: 
  

	 	•	Search documents by Aircraft type, ATA references, document type, Supplier code and Part number; 

 

	 	•	Access, print and download via the PDF reader plug in (Acrobat Reader) the available release of the Suppliers’ technical documentation. 

 

	3.	Spare Parts and Repair 

  

	3.1	ARG (AOG and Repair Guide) service 

 Access to vendor and repairs stations by P/N. 

  
 Clause 14
– Page 19/21 

 APPENDIX B TO CLAUSE 14 
  

	3.2	ASDS (Airbus Support Data for Supplier) service 

 This service offers for all Airbus aircraft: 
  

	 	•	Part number information such as price, lead-time, manufacturer code, stock status and location 

 

	 	•	Part number interchangeability 

  

	 	•	Single purchase order status 

  

	 	•	Useful information such as contact details, help function and e-mail 

  

	 	•	Internet parts ordering 

  

	 	•	Information link to selected in-house forwarders 

  

	 	•	Support guide and excess inventory list 

  

	3.3	VIM (Vendor Information Manual) service 

 The service offers: 
  

	 	•	List of Airbus vendors with location, fax, phones, addresses and contacts 

  

	 	•	List of repairs stations 

  

	 	•	List of equipment manufactured by the vendors 

  

	3.4	SPSA (Supplier Product Support Agreements) service 

 Information relative to agreements negotiated between Airbus and Aircraft Equipment Suppliers. DMC and MTBUR are available for the main Suppliers 

 

	3.5	Spares services 

 This
service is already available in an autonomous mode through the Spares Portal (http://spares.airbus.com). 
 The service offers
for all AIRBUS aircraft: 
  

	 	•	Part number information such as price, lead-time, manufacturer code, stock status and location 

 

	 	•	Part number interchangeability 

  

	 	•	Single purchase order status 

  

	 	•	Useful information such as contact details, help function and e-mail 

  

	 	•	Internet parts ordering 

  

	 	•	Information link to selected in-house forwarders 

  

	 	•	Support guide and excess inventory list 

  
 Clause 14
– Page 20/21 

 APPENDIX B TO CLAUSE 14 
  

	4.	Warranty 

  

	4.1	CAWA (Contracts and Warranty Administration) service 

 The Warranty Claim Service proposes four main functions: 
  

	 	•	Warranty claims booking 

  

	 	•	Consultation of the warranty claims status 

  

	 	•	Consultation of statistics on response time regarding closed/open files 

  

	 	•	Consultation of warranty guide 

  

	5.	Customize & Deliver 

  

	5.1	ACCL (A/C Comparison List) service 

 Aircraft configuration comparison list, 6 months and 1 month before Delivery. 
  

	5.2	CDIS (Customization and Delivery Information) services 

 The following service provides access to: 
  

	 	•	RFC (Request For Change) 

  

	 	•	AIR (Aircraft Inspection Report) 

  

	 	•	SCN (Specification change Notices) 

  

	 	•	CCR (Customer Change Register) 

  

	 	•	Concessions 

  
 Clause 14
– Page 21/21 

 APPENDIX A TO CLAUSE 15 
  

	15	SELLER REPRESENTATIVES 

  

	15.1	Customer Support Manager 

  

	    	***** 

  

	15.2	Customer Services Representatives 

  

	15.2.1	The Seller shall provide free of charge the services of Seller customer services representatives (“Seller’s Representatives”) acting in an
advisory capacity as defined in Appendix A of this Clause 15. 

  

	15.2.2	In the event of a need for non-routine technical assistance, the Buyer shall have non-exclusive access to the Seller’s Representatives closest to the Buyer’s
main base after the end of the assignment of the Seller’s Representatives referred to in Appendix A of this Clause 15. A list of the contacts for the Seller’s Representatives closest to the Buyer’s main base shall be provided to
the Buyer. 

  

	15.2.3	The Seller shall cause similar services to be provided by competent representatives of the Propulsion System Manufacturer and by Supplier representatives when necessary
and applicable. 

  

	15.2.4	The Seller shall provide to the Buyer an annual written accounting of the consumed man-months and any remaining man-month balance. Absent manifest error, such
accounting shall be deemed as final and acceptable to the Buyer unless the Seller receives written objection from the Buyer within thirty (30) days of receipt of such accounting. 

 

	15.2.5	If requested by the Buyer, Seller Representative services exceeding the allocation specified in Appendix A of this Clause 15 may be provided by the Seller subject
to terms and conditions to be mutually agreed. 

  

	15.3	Buyer’s Service 

  

	15.3.1	From the date of arrival of the first of the Seller’s Representatives and for the duration of the assignment, the Buyer shall provide free of charge a suitable
lockable office, conveniently located with respect to the Buyer’s maintenance facilities, with complete office furniture and equipment including access to telephone and facsimile connections for the sole use of the Seller’s
Representatives. The Seller shall pay for its telephone and fax invoices. 

  

	15.3.2	The Buyer shall reimburse the Seller the costs for the initial and termination assignment travel of the Seller’s Representatives of one (1) confirmed ticket,
Business Class, if available, to and from their place of assignment and the airport on the Buyer’s network nearest to TOULOUSE, FRANCE. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

	 	

  
 Clause 15
– Page 1/3 

 APPENDIX A TO CLAUSE 15 
  

	15.3.3	The Buyer shall also reimburse the Seller the costs for air transportation for the annual vacation of the Seller’s Representatives to and from their place of
assignment and the airport on the Buyer’s network nearest to TOULOUSE, FRANCE. 

  

	15.3.4	Should the Buyer request any of the Seller’s Representatives referred to in Clause 15.2 above, to travel on business to a city other than his usual place of
assignment, the Buyer shall be responsible for all related transportation costs and expenses. 

  

	15.3.5	The Buyer shall assist the Seller to obtain from the civil authorities of the Buyer’s country those documents which are necessary to permit the Seller’s
Representatives to live and work in the Buyer’s country. Failure of the Seller to obtain the necessary documents shall relieve the Seller of any obligation to the Buyer under the provisions of Clause 15.2. 

 

	15.3.6	The Buyer shall reimburse to the Seller charges, taxes, duties, imposts or levies of any kind whatsoever, imposed by authorities of the Buyer’s country upon:

  

	 	-	the entry into or exit from the Buyer’s country of the Seller’s Representatives and their families, 

 

	 	-	the entry into or the exit from the Buyer’s country of the Seller’s Representatives and their families’ personal property, 

 

	 	-	the entry into or the exit from the Buyer’s country of the Seller’s property. 

 

	15.4	Withdrawal of the Seller’s Representatives 

 The Seller shall have the right to withdraw its assigned Seller Representatives as it sees fit if conditions arise which are in the Seller’s opinion dangerous to their safety or health or prevent
them from fulfilling their contractual tasks. 
  

	15.5	Seller’s Representatives’ Status 

 In providing the above technical services, the Seller’s Representatives and other employees are deemed to be acting in an advisory capacity only and at no time shall they be deemed to act as
Buyer’s employees or agents, either directly or indirectly. 
  

	15.6	Indemnities 

INDEMNIFICATION PROVISIONS APPLICABLE TO THIS CLAUSE 15 ARE SET FORTH IN CLAUSE 19. 

  
 Clause 15
– Page 2/3 

 APPENDIX A TO CLAUSE 15 
  

 SELLER REPRESENTATIVE ALLOCATION 

The Seller Representative allocation that is provided to the Buyer pursuant to Clause 15.2 is defined hereunder. 

 

	1	***** 

  

	2	***** 

  

	3	***** 

  

	4	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 15
– Page 3/3 

	16	TRAINING AND TRAINING AIDS 

  

	16.1	General 

 This
Clause 16 covers the terms and conditions for the supply of training and training aids for the Buyer’s personnel to support the Aircraft operation. 
  

	16.2	Scope 

  

	16.2.1	The range and quantity of training and training aids to be provided ***** under this Agreement are covered in Appendix A to this Clause 16.

  

	16.2.1.1	With respect to Maintenance Training, training courses shall be provided up to ***** ordered under this Agreement. 

 

	16.2.1.2	With respect to Flight Operations Training, the quantity of training allocated to each Aircraft shall be provided 
up to ***** 

 

	16.2.2	Unless otherwise agreed by the Seller, in the event that the Buyer should use none or only part of the training or training aids to be provided pursuant to this
Clause 16, no compensation or credit of any sort shall be provided. 

  

	16.3	Training Organisation / Location 

  

	16.3.1	The Seller shall provide training at its training center in Blagnac, France, or in Hamburg, Germany (each the “Seller’s Training Center”) or its
affiliated training centers in Miami, U.S.A., (the “Affiliated Training Centers”). 

  

	16.3.2	In the event of the non-availability of facilities or scheduling imperatives making training by the Seller impractical, the Seller shall make arrangements for the
provision to the Buyer of such training support elsewhere. 

  

	16.3.2.1	Upon the Buyer’s request, the Seller may also provide certain training at a location other than the Seller’s Training Centers or Affiliated Training Centers,
including one of the Buyer’s bases, if and when practicable for the Seller, under terms and conditions to be mutually agreed upon. In this event, all additional charges listed in Clause 16.6.2 shall be borne by the Buyer.

  

	16.3.2.2	If the training as set forth in Clause 16.3.3.1 above is either an Airbus EASA — Part 147 (for maintenance training) or a Type Rating Training
Organisation (TRTO) (for flight operation training) approved course, the Buyer shall provide access to its training facilities to the Seller’s and the relevant Aviation Authorities’ representatives for the necessary approval of such
facilities for the training. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 16
– Page 1/22 

	16.4	Training Courses 

  

	16.4.1	Training courses, as well as the minimum and maximum numbers of trainees per course provided for the Buyer’s personnel, are defined in the applicable brochure
describing the various Seller’s training courses (the “Seller’s Training Course Catalog”) and shall be scheduled as mutually agreed upon during a training conference (the “Training Conference”).

  

	16.4.2	When training is performed by the Seller: 

  

	 	(i)	Training courses shall be the Seller’s standard courses as described in the applicable Seller’s Training Course Catalog valid at the time of the execution of
the course. The Seller shall be responsible for all training course syllabi, training aids and training equipment necessary for the organisation of the training courses; however, for the purpose of performing training, training equipment does not
include aircraft; 

  

	 	(ii)	The equipment used for training of flight and maintenance personnel shall not be fully customised, however such equipment and the training curricula used for training
of flight and/or maintenance personnel shall be configured in order to obtain the relevant Aviation Authorities’ approval and to support the Seller’s training programs. Training data and documentation shall not be revised;

  

	 	(iii)	Training data and documentation for trainees receiving the training at the Seller’s Training Centers or Affiliated Training Centers shall be free-of-charge.
Training data and documentation shall be marked “FOR TRAINING ONLY” and as such are supplied for the sole and express purpose of training; 

  

	 	(iv)	Upon the Buyer’s request, the Seller shall collect and pack for consolidated shipment to the Buyer’s facility, all training data and documentation of the
Buyer’s trainees attending training at the Seller’s Training Centers or Affiliated Training Centers at no charge to the Buyer; 

  

	 	    	The above shipment shall be delivered Free Carrier (“FCA”) to the airport closest to the location at which the training actually takes place, as the
term Free Carrier (“FCA”) is defined by publication N° 560 of the International Chamber of Commerce published in January 2000. Title to and risk of loss of said shipment shall pass to the Buyer upon delivery.

  

	16.4.3	When the Seller’s training courses are provided by the Seller’s instructors, the Seller shall deliver a Certificate of Recognition, a Certificate of Course
Completion or an Attestation, as applicable, at the end of any such training course. Any such certificate shall not represent authority or qualification by any Aviation Authorities but may be presented to such Aviation Authorities in order to obtain
relevant formal qualification. 

  
 Clause 16
– Page 2/22 

 In the event of the training courses being provided by a training provider selected by the
Seller, the Seller shall cause such training provider to deliver a Certificate of Recognition, a Certificate of Course Completion or an Attestation, as applicable, at the end of any such training course. Any such certificate shall not represent
authority or qualification by any Aviation Authorities but may be presented to such Aviation Authorities in order to obtain relevant formal qualification. 
  

	16.4.4	In the event of the Buyer deciding to cancel or re-schedule a training course, if the cancellation is notified between ***** prior to the training, a cancellation
charge of ***** shall be applied against the Buyer’s allocation for such training course. 

 If the
notification occurs less than ***** prior to the training, a cancellation charge of ***** shall be applied against the Buyer’s allocation for such training course. 
  

	16.5	Prerequisites and Conditions 

  

	16.5.1	Training shall be conducted in English and all training aids are written in English using common aeronautical terminology. Trainees shall have the prerequisite
knowledge and experience defined in Appendix “B” to this Clause 16. 

 The Buyer hereby
acknowledges that the Seller’s training courses are “Standard Transition Training Courses” and not “Ab Initio Training Courses”. 
 The Buyer shall be responsible for the selection of the trainees and for any liability with respect to the entry knowledge level of the trainees. 

 

	16.5.1.1	The Buyer shall provide the Seller with an attendance list of the trainees for each course with the validated qualification of each trainee. The Seller reserves the
right to check the trainees’ proficiency and previous professional experience. The Seller shall in no case warrant or otherwise be held liable for any trainee’s performance as a result of any training provided. 

 

	16.5.1.2	The Buyer shall further return to the Seller the “Airbus Pre-Training Survey” or the “Maintenance Training Survey” as applicable, detailing the
trainees’ associated background at the latest ***** before the start of the training course. 

  

	16.5.1.3	In the event of the Buyer having to make a change to the trainees attendance list within the ***** period stated in Clause 16.5.2.2, the Buyer shall immediately
inform the Seller thereof and send to the Seller an updated Airbus Pre-Training Survey or Maintenance Training Survey reflecting such change. 

  

	16.5.2	Upon the Buyer’s request, the Seller may be consulted to direct the above mentioned trainee(s) through a relevant entry level training program, which shall be at
the Buyer’s charge, and, if necessary, to coordinate with competent outside organisations for this purpose. Such consultation shall be held during the Training Conference. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 16
– Page 3/22 

 In the event of the Seller determining that a trainee lacks the required entry level,
following consultation with the Buyer, such trainee shall be withdrawn from the program. 
  

	16.6	Logistics 

  

	16.6.1	Trainees 

  

	16.6.1.1	***** 

  

	16.6.1.2	Living and travel expenses for the Buyer’s trainees shall be borne by the Buyer. 

 

	16.6.2	Training at External Location—Seller’s Instructors 

 ***** 
 In the event of training being provided by the Seller’s instructors
at any location other than the Seller’s Training Centers or Affiliated Training Centers at the Buyer’s request or as otherwise detailed in this Clause 16, the Buyer shall reimburse the Seller for all the reasonable expenses related to
the assignment of such instructors and their performance of the duties as aforesaid. 
  

	16.6.2.1	Living Expenses 

 Such
expenses, covering the entire period from day of departure from to day of return to the Seller’s base, shall include but shall not be limited to lodging, food and local transportation to and from the place of lodging and the training course
location. The Buyer shall reimburse the Seller for such expenses at the per diem rate currently used by the Seller for its personnel. 
  

	16.6.2.2	Air Travel 

 The Buyer
shall reimburse the Seller the costs for the Seller’s instructors in confirmed business class to and from the Buyer’s designated training site and the Seller’s Training Centers or Affiliated Training Center, as applicable. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 16
– Page 4/22 

	16.6.2.3	Training Material 

 The
Buyer shall reimburse the Seller the cost of shipment for the training material needed to conduct such courses. 
  

	16.6.2.4	Transportation 

 The
Buyer shall be solely liable for any and all delay in the performance of the training outside of the Seller’s or the Seller’s Affiliated Training Centers associated with any transportation described in this Clause 16.6. 

 

	16.6.3	Training Equipment Availability—Training at External Location 

 Training equipment necessary for course performance at any course location other than the Seller’s Training Centers or Affiliated Training Centers or the facilities of the training provider selected
by the Seller shall be provided by the Buyer in accordance with the Seller’s specifications. 
  

	16.7	Flight Operations Training 

  

	16.7.1	Flight Crew Training Course 

  

	16.7.1.1	The Seller shall perform a flight crew training course program (standard transition course or a cross crew qualification program as applicable) for the Buyer’s
flight crews, each of which shall consist of ***** captain and ***** first officer, as defined in Appendix A to this Clause 16. The training manual used shall be the Seller’s Flight Crew Operating Manual (FCOM), except for base Flight
training, for which the Buyer’s customized FCOM shall be used. 

  

	16.7.1.2	Base Flight Training 

  

	16.7.1.2.1	The Buyer shall use its delivered Aircraft, or any other aircraft operated by the Buyer, for any base flight training, which shall not exceed ***** session of ***** per
pilot, according to the related Airbus training course definition. 

  

	16.7.1.2.2	In the event of it being necessary to ferry the Buyer’s delivered Aircraft to the location where the base flight training shall take place, the additional flight
time required for the ferry flight to and/or from the base training field shall not be deducted from the base flight training allowance. 

 However, if the base flight training is performed outside of the zone where the Seller usually performs such training, the ferry flight to the location where the base flight training shall take place
shall be performed by a crew composed of the Seller’s and/or the Buyer’s qualified pilots, in accordance with the Aviation Authorities’ regulations related to the place of performance of the base flight training. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 16
– Page 5/22 

	16.7.2	Flight Crew Line Initial Operating Experience 

  

	16.7.2.1	To assist the Buyer with initial operating experience after Delivery of the first Aircraft, the Seller shall provide to the Buyer pilot instructor(s) as defined in
Appendix A to this Clause 16. 

  

	16.7.2.2	The Buyer shall reimburse the expenses for each such instructor in accordance with Clause 16.6.2. Additional pilot instructors can be provided at the Buyer’s
expense and upon conditions to be mutually agreed upon. 

  

	16.7.3	Instructor Cabin Attendants’ Familiarization Course 

 The Seller shall provide instructor cabin attendants’ course(s) to the Buyer’s cabin attendants, as defined in Appendix A to this Clause 16, at one of the locations defined in
Clause 16.3.1. 
 The instructor cabin attendants’ course, when incorporating the features of the Buyer’s
Aircraft, can be given at the earliest two (2) weeks before the Delivery date of the Buyer’s first Aircraft. 
  

	16.7.4	Performance / Operations Course 

 The Seller shall provide performance/operations training for the Buyer’s personnel as defined in Appendix A to this Clause 16. 

The available courses are listed in the Seller’s applicable Training Courses Catalog. 

 

	16.7.5	Transition Type Rating Instructor (TRI) Course 

 The Seller shall provide transition type rating instructor (TRI) training for the Buyer’s flight crew instructors as defined in Appendix A to this Clause 16. 

This course provides the Buyer’s instructors with the training in flight instruction and synthetic instruction required to instruct
on Airbus aircraft. 
  

	16.7.6	During any and all flights performed in accordance with this Clause 16.7, the Buyer shall bear full responsibility for the aircraft upon which the flight is
performed, including but not limited to any required maintenance, all expenses such as fuel, oil or landing fees and the provision of insurance in line with Clause 16.12. 

 

	16.8	Maintenance Training 

The Seller shall provide maintenance training for the Buyer’s ground personnel as defined in Appendix A to this Clause 16.

  
 Clause 16
– Page 6/22 

 The available courses are listed in the Seller’s applicable Training Courses Catalog.

 The Buyer shall provide the Seller with an attendance list of trainees at the latest ***** before the start of the training
course. 
 The practical training provided in the frame of maintenance training is performed exclusively on the training devices
in use in the Seller’s Training Centers or Affiliated Training Centers. 
 In the event of practical training on aircraft
being requested by the Buyer, such practical training can be organized with the assistance of the Seller, in accordance with Clause 16.8.1 hereunder. 
  

	16.8.1	Practical Training on Aircraft 

 If the practical training does not need to be covered by an EASA — Part 147 (or equivalent) certificate, the Seller may assist the Buyer in organizing such practical training on aircraft, at the
Buyer’s expense. 
 In the event of the Buyer requiring a full EASA — Part 147 certificate from the Seller, the
practical training on aircraft shall be conducted by the Seller, at the Buyer’s expense, in a EASA — Part 145 facility approved and selected by the Seller. 
 In the event of the Buyer requiring such practical training to be conducted at the Buyer’s EASA — Part 145 (or equivalent) approved facilities, such training shall be subject to prior
approval by the Seller of the facilities at which the training is to be conducted. 
 The provision of an instructor by the
Seller for the practical training shall be deducted from the trainee days allowance defined in Appendix A to this Clause 16, subject to the conditions detailed in Paragraph 3.2 thereof. 

The Buyer shall reimburse the expenses for said instructor(s) in accordance with Clause 16.6.2. 

 

	16.8.2	Line Maintenance Initial Operating Experience Training 

 In order to assist the Buyer during the entry into service of the Aircraft, the Seller shall provide to the Buyer maintenance instructor(s) at the Buyer’s base as defined in Appendix A to this
Clause 16. 
  

	16.8.2.1	This line maintenance training shall cover training in handling and servicing of Aircraft, flight crew / maintenance coordination, use of Technical Data and any other
activities that may be deemed necessary after Delivery of the first Aircraft. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 16
– Page 7/22 

	16.8.2.2	The Buyer shall reimburse the expenses for said instructor(s) in accordance with Clause 16.6.2. Additional maintenance instructors can be provided at the
Buyer’s expense. 

  

	16.9	Supplier and Propulsion System Manufacturer Training 

 Upon the Buyer’s request, the Seller shall provide to the Buyer the list of the maintenance and overhaul training courses (the “Supplier Training Catalog”) provided by major
Suppliers and the applicable Propulsion Systems Manufacturer on their products. 
 Airbus will ensure that all major Suppliers
and the selected propulsion system manufacturer will provide maintenance and overhaul training on their products at appropriate times. 
  

	16.10	Training Aids for the Buyer’s Training Organisation 

  

	16.10.1	The Seller shall provide to the Buyer training aids, consisting of the Airbus Computer Based Training (Airbus CBT) courseware, as used in the Seller’s
Training Centers, and the Virtual Aircraft (Walk around and Component Location), ***** as defined in Appendix A to this Clause 16. 

 The Airbus CBT and training aids supplied to the Buyer shall be similar to those used in the Seller’s Training Centers for the training provided for the Buyer. The Airbus CBT and Virtual Aircraft in
use at the Seller’s Training Centers are revised on a regular basis and such revision ***** under this Agreement, ***** 
  

	16.10.2	Delivery 

  

	16.10.2.1	The Seller shall deliver to the Buyer the Airbus CBT and training aids, as defined in Appendix A to this Clause 16, ***** during the Training Conference.

  

	16.10.2.2	The items supplied to the Buyer pursuant to Clause 16.10.1 shall be delivered FCA Toulouse, Blagnac Airport. Title to and risk of loss of said items shall pass to
the Buyer upon delivery. 

  

	16.10.2.3	All costs related to transportation and insurance of said items from the FCA point to the Buyer’s facilities shall be at the Buyer’s expense.

  

	16.10.3	Installation of the Airbus CBT 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 16
– Page 8/22 

	16.10.3.1.1	Before the initial delivery of the Airbus CBT, as defined in Appendix A hereto, the Seller shall provide to up to six (6) trainees of the Buyer, at the
Buyer’s facilities, the Airbus CBT Administrator Course, as defined in Appendix C hereto. 

 To conduct the
course, the workstations and/or “Servers”, as applicable, shall be ready for use and shall comply with the latest “Airbus CBT Workstation Technical Specification” or “Airbus CBT Server Technical Specification”, as
applicable (collectively the “Airbus CBT Technical Specification”). 
  

	16.10.3.1.2	The Airbus CBT shall be installed by the Buyer’s personnel, who shall have followed the Airbus CBT Administrator Course. The Seller shall be held harmless from any
injury to person and/or damage to property caused by or in any way connected with the handling and/or installation of the Airbus CBT by the Buyer’s personnel. 

 

	16.10.3.1	Upon the Buyer’s request and subject to conditions to be quoted by ***** Such assistance shall follow notification in writing that the various components, which
shall be in accordance with the specifications defined in the Airbus CBT Technical Specification, are ready for installation and available at the Buyer’s facilities. 

 

	16.10.3.2	The Buyer ***** in accordance with Clause 16.6.2, for the Seller’s personnel required at the Buyer’s facilities to conduct the Airbus CBT Administrator
Course and/or provide installation assistance. 

  

	16.10.4	Licences 

  

	16.10.4.1	Airbus CBT License 

  

	16.10.4.2	The Seller ***** defined in Appendix C to this Clause 16. 

  

	16.10.4.1.2	Supply of sets of CBT Courseware, as defined in Appendix C, and additional to those indicated in Appendix A, as well as any extension to the Licence of such CBT
Courseware, shall be subject to terms and conditions to be mutually agreed. 

  

	16.10.4.3	Virtual Aircraft License 

  

	16.10.4.2.1	The Seller ***** defined in Appendix C to this Clause 16. For the purpose of such Licence, the term “Airbus CBT” as used in such License shall mean the
“Virtual Aircraft”. 

  

	16.10.4.2.2	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 16
– Page 9/22 

	16.10.5	The Seller shall not be responsible for and hereby disclaims any and all liabilities resulting from or in connection with the use by the Buyer of the Airbus CBT, the
Virtual Aircraft and any other training aids provided under this Clause 16.10. 

  

	16.11	Proprietary Rights 

 The
Seller’s training data and documentation, Airbus CBT, Virtual Aircraft and training aids are proprietary to the Seller and/or its Affiliates and/or its suppliers and the Buyer agrees not to disclose the content of the courseware or any
information or documentation provided by the Seller in relation to training, in whole or in part, to any third party without the prior written consent of the Seller. 
  

	16.12	Indemnities and Insurance 

INDEMNIFICATION PROVISIONS AND INSURANCE REQUIREMENTS APPLICABLE TO THIS CLAUSE 16 ARE AS SET FORTH IN CLAUSE 19. 

THE BUYER WILL PROVIDE THE SELLER WITH AN ADEQUATE INSURANCE CERTIFICATE PRIOR TO ANY TRAINING ON AIRCRAFT. 

  
 Clause 16
– Page 10/22 

 APPENDIX “A” TO CLAUSE 16 

TRAINING ALLOWANCE 

For the avoidance of doubt, all quantities indicated below are the total quantities granted for the whole of the Buyer’s fleet of sixteen (16)
Aircraft, unless otherwise specified. 
  

	1.	FLIGHT OPERATIONS TRAINING 

  

	1.1	Flight Crew Training (standard transition course or cross crew qualification (CCQ) as applicable) 

The Seller shall provide flight crew training (standard transition course or CCQ as applicable) ***** of the Buyer’s flight crews
***** 
  

	1.2	Flight Crew Line Initial Operating Experience 

 The Seller shall provide to the Buyer pilot instructor(s) ***** 
  

	1.2.1	The ***** of pilot instructors present at any one time ***** 

  

	1.3	Instructor Cabin Attendants’ Familiarization Course 

 The Seller shall provide to the Buyer instructor cabin attendants’ training ***** instructor cabin attendants. 
  

	1.4	Performance / Operations Course(s) 

  

	1.4.1	The Seller shall provide to the Buyer ***** trainee days of performance/ operations training ***** for the Buyer’s personnel. 

 

	1.4.2	The above trainee days shall be used solely for the performance/operations training courses as defined in the Seller’s applicable Training Course Catalog.

  

	1.5	Transition Type Rating Instructor (TRI) course 

 The Seller shall provide to the Buyer transition type rating instructor training (transition or CCQ, as applicable) ***** of the Buyer’s flight instructors. 

 

	2.	MAINTENANCE TRAINING 

  

	2.1	Maintenance Training Courses 

  

	2.1.1	The Seller shall provide to the Buyer ***** trainee days of maintenance training ***** for the Buyer’s personnel. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 16
– Page 11/22 

	2.1.2	The above trainee days shall be used solely for the Maintenance training courses as defined in the Seller’s applicable Training Courses Catalog.

  

	2.1.3	Within the trainee days allowance in Paragraph 2.1.1 above, the number of Engine Run-up courses shall be limited to ***** 

 

	2.2	Line Maintenance Initial Operating Experience Training 

 The Seller shall provide to the Buyer ***** 
  

	3.	TRAINEE DAYS ACCOUNTING 

Trainee days are counted as follows: 
  

	3.1	For instruction at the Seller’s Training Centers or Affiliated Training Centers: ***** of instruction for ***** The number of trainees originally registered at the
beginning of the course shall be counted as the number of trainees to have taken the course. 

  

	3.2	For instruction outside of the Seller’s Training Centers or Affiliated Training Centers: ***** 

 

	3.3	For practical training, ***** 

  

	3.4	In the event of training being provided outside of the Seller’s Training Centers or Affiliated Training Centers specifically at the Seller’s request,
Paragraph 3.1 hereabove shall be applicable to the trainee days accounting for such training. 

  

	4.	TRAINING AIDS FOR BUYER’S TRAINING ORGANISATION 

 The Seller shall provide to the Buyer *****: 
  

	 	-	***** Airbus CBT (flight and/or maintenance) Courseware related to the Aircraft type(s) as covered by this Agreement (including set of CBT Software for flight and set
of CBT Software for maintenance). The detailed description of the Airbus CBT shall be provided to the Buyer at the Training Conference; 

  

	 	-	***** Virtual Aircraft (Walk around and Component Location) related to the aircraft type (s) as covered in this Agreement. 

 

	 	-	***** set of training documentation on CD-ROM; 

  

	 	-	***** CD-ROM of cockpit panels for training. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 16
– Page 12/22 

 APPENDIX B TO CLAUSE 16 
  

 APPENDIX “B” TO CLAUSE 16 

MINIMUM RECOMMENDED QUALIFICATION 
 IN RELATION TO TRAINING REQUIREMENTS 
 The prerequisites listed below are the minimum
recommended requirements specified for Airbus training. If the appropriate Aviation Authorities or the specific airline policy of the trainee demand greater or additional requirements, they shall apply as prerequisites. 

FLIGHT CREW Standard Transition Courses) 
 Captain prerequisites: 
  

	 	•	Previously qualified on JAR/FAR/CS 25 aircraft and commercial operations 

  

	 	•	Valid and Current Airline Transport Pilot License (ATPLY) 

  

	 	•	Previous command experience 

  

	 	•	Fluency in English (able to write, read and communicate at an adequately understandable level in English language) 

 

	 	•	Jet experience 

  

	 	•	Flight time : 

  

	 	-	1 500 hours as pilot 

  

	 	-	1 000 hours on JAR/FAR/CS 25 aircraft 

  

	 	-	200 hours experience as airline, corporate or military transport pilot 

 First Officer prerequisites: 
  

	 	•	Previously qualified on JAR/FAR/CS 25 aircraft and commercial operations 

  

	 	•	Aircraft and commercial operations valid and current CPL (Commercial pilot license) with Instrument rating, 

 

	 	•	Fluency in English (able to write, read and communicate at an adequately understandable level in English language) 

 

	 	•	Jet experience 

  

	 	•	Flight time : 

  

	 	-	500 hours as pilot 

  

	 	-	300 hours on JAR/FAR/CS 25 aircraft 

  

	 	-	200 hours experience as airline, corporate or military transport pilot 

 If the Trainee does not speak English or is not fluent enough to follow the Standard Transition course, he shall follow the Adapted language transition and provide a translator as indicated by the Seller.

 If no Jet experience, both CAPTAIN and/or FIRST OFFICER must follow before entering the transition course, a dedicated “Jet
Familiarization entry level course”. Such course(s), if required, shall be at the Buyer’s expense. 

  
 Clause 16
– Page 13/22 

 APPENDIX B TO CLAUSE 16 
  

 First type rating course 
 This course is designed for Ab initio pilots who do not hold an aircraft type rating on their pilot license 
 Pilot prerequisites 
  

	 	•	Valid and current CPL (commercial pilot license) 

  

	 	•	Valid and current Instrument Rating on multi engine aircraft 

  

	 	•	APTLY written examination 

  

	 	•	Fluency in English (able to write, read and communicate at an adequately understandable level in English language) 

 

	 	•	Flight experience: 

  

	 	-	220 hours as pilot 

  

	 	-	100 hours as pilot in command (PIC) 

  

	 	-	25 hours on multi engine aircraft (up to 10 hours can be completed in a simulator) 

 In addition to the above conditions and in accordance to the JAR Flight Crew Licensing (FCL) and the Airbus Training Policy, a pilot applying for a first type rating must have followed either an approved
JAR Multi Crew Cooperation (MCC) program or regulatory equivalent or the “Airbus Entry Level Training (ELT) program” (combined MCC and Jet familiarization course). Such course, if required, shall be at the Buyer’s expense. 

CCQ additional prerequisites 
 In
addition to the prerequisites set forth for the Flight Crew Standard Transition Course, both CAPTAIN and FIRST OFFICER must: 
  

	 	•	be qualified and current on the base aircraft type 

  

	 	•	have 150 hours minimum and 3 months minimum of operations on the base aircraft type. 

 TRI course additional prerequisites 
 In addition to the prerequisites set forth for
the Flight Crew Standard Transition Course, it is the responsibility of the Buyer to: 
  

	 	-	select instructor candidate(s) with airmanship and behaviour corresponding to the role and responsibility of an airline instructor 

 

	 	-	designate instructor candidate(s) with the Airbus prerequisite, which corresponds to the JAR requirements (ref JAR — FCL 1 — Requirements / Subparts H —
Instructor rating (Aeroplane) 

  
 Clause 16
– Page 14/22 

 APPENDIX B TO CLAUSE 16 
  

 Performance and Operations personnel prerequisites 

The Buyer’s performance and operations personnel shall be fluent in English (able to write, read and communicate at an adequately understandable
level in English language). 
 All further detailed prerequisites shall be provided by the Seller to the Buyer during the Training Conference,
depending on the type of training course(s) selected by the Buyer. 
 Maintenance Personnel prerequisites 

 

	 	•	Fluency in English (understanding of English (able to write, read and communicate at an adequately understandable level in English language) adequate to be able to
follow the training (If this is not the case, the Buyer shall assign a minimum of one (1) translator for eight (8) trainees). 

  

	 	•	Technical experience in the line or/and base maintenance activity of commercial jet aircraft 

 Additional prerequisites for Aircraft Rigging Course 
 Qualification as line or line and
base mechanic on one type of Airbus aircraft family 
 Additional prerequisites for Maintenance Initial Operating Experience 

Qualification as line or line and base mechanic on the concerned Airbus aircraft type (for Course) 

Maintenance Training Difference Courses additional prerequisites 
 In addition to the prerequisites set forth for Maintenance Personnel, the personnel shall be current and operating on the base aircraft 

  
 Clause 16
– Page 15/22 

 APPENDIX C TO CLAUSE 16 

LICENCE FOR USE OF AIRBUS COMPUTER BASED TRAINING 

 APPENDIX C TO CLAUSE 16 
  

 LICENCE FOR USE OF AIRBUS COMPUTER BASED TRAINING (AIRBUS CBT) 

 

	1.	DEFINITIONS 

  

	1.1	For the purpose of this Appendix C to Clause 16, the following definitions shall apply: 

 

	1.1.1	“Airbus CBT” means the combination of the Airbus CBT Software and the Airbus CBT Courseware. 

 

	1.1.2	“Airbus CBT Courseware” means the programmed instructions that provide flight crew and maintenance training. 

 

	1.1.3	“Airbus CBT Software” means the system software that permits the use of the Airbus CBT Courseware. 

 

	1.1.4	“Student / Instructor Mode” means the mode that allows the Buyer to run the Airbus CBT Courseware. 

 

	1.1.5	“Airbus CBT Administrator Course” means the training enabling the Buyer to load and use the Airbus CBT either on stand-alone workstations or in a
Server mode. 

  

	1.1.6	“Network”, means the group of the Buyer’s computers connected to each other through cables and allowing the transmission of data and instructions,
which can be used by up to fifteen (15) of the Buyer’s computers so linked. 

  

	1.1.7	“Server” means the computer dedicated to the administration of a Network and on which the Airbus CBT is installed and can be reached through the
Network. 

  

	1.1.8	“Technical Specification” means either the “Airbus CBT Workstation Technical Specification” or the “Airbus CBT Server Technical
Specification”, as applicable. 

  

	1.1.9	“Intranet” means the Buyer’s private and local Network using the same technical protocols as Internet but which is not open to public connection.

  

	1.1.10	“Extranet” means the network constituted of an external Intranet, allowing communication between the Buyer and certain defined external entities.

  

	1.1.11	“User Guide” means the documentation, which may be in electronic format, designed to assist the Buyer to use the Airbus CBT. 

 

	1.2	Capitalised terms used herein and not otherwise defined in this Airbus CBT Licence shall have the meaning assigned thereto in the Agreement.

  

	1.3	Any and all hardware required for the operation of the Airbus CBT is not part of the Airbus CBT and shall be procured under the sole responsibility of the Buyer.

  
 Clause 16
– Page 17/22 

 APPENDIX C TO CLAUSE 16 
  

 The Seller shall not be responsible for any incompatibility of such hardware with the
Airbus CBT. 
  

	2.	GRANT 

 The Seller grants
the Buyer the right, pursuant to the terms and conditions herein, to use the Airbus CBT for the Term of this licence (“Airbus CBT Licence”). 
  

	3.	COPIES 

 Use of the
Airbus CBT is limited to the number of copies delivered by the Seller to the Buyer and to the medium on which the Airbus CBT is delivered. No reproduction shall be made without the prior written consent of the Seller. Notwithstanding the above,
specific rights as detailed hereafter shall be granted for respectively the Airbus CBT Software and the Airbus CBT Courseware. 
  

	3.1	Airbus CBT Software 

 The
Buyer shall be permitted to copy the Airbus CBT Software for back-up and archiving purposes and for loading of the Airbus CBT Software exclusively on the Buyer’s workstations or Server, as applicable. In such cases, the Buyer shall advise the
Seller in writing of the number of any copies made. Any other copy for any other purpose is strictly prohibited. 
  

	3.2	Airbus CBT Courseware 

The Buyer shall be permitted to copy the Airbus CBT Courseware for the sole purpose of internal training of the Buyer’s personnel,
explicitly such copies shall be used by the Buyer’s employees only on their laptops for training purposes. 
 In such
cases, the Buyer shall advise the Seller in writing of the number of copies made and shall cause its employees to strictly comply with the conditions of use and the confidentiality provisions of this Airbus CBT Licence. In particular, the
Buyer’s employees shall agree to use such copy for training purposes only and to make no additional copy. The Buyer shall further ensure that any copy provided to an employee is returned to the Buyer either upon request by the Buyer or upon
termination of the employment of the employee. Any other copy for any other purpose is strictly prohibited. 
  

	3.3	Any copy made by the Buyer shall be performed under the sole responsibility of the Buyer. The Buyer agrees to reproduce the copyright and other notices as they
appear on or within the original media on any copies that the Buyer makes of the Airbus CBT Software or the Airbus CBT Courseware. The Seller shall not provide revision service for any copies made. 

  
 Clause 16
– Page 18/22 

 APPENDIX C TO CLAUSE 16 
  

	4.	TERM 

 The rights under
this Airbus CBT Licence shall be granted to the Buyer for as long as the Buyer operates the Seller’s Aircraft model to which the Airbus CBT Software and the Airbus CBT Courseware apply (the “Term”). At the end of the Term, the
Buyer shall return the Airbus CBT and any copies thereof to the Seller, accompanied by a note certifying that the Buyer has returned all existing copies. 
  

	5.	PERSONAL ON-SITE LICENCE 

The sole right granted to the Buyer under this Airbus CBT Licence is the right to use the Airbus CBT. The Airbus CBT Licence is personal
to the Buyer, for its own internal use, and is non-transferable and non-exclusive. 
  

	6.	CONDITIONS OF USE 

  

	6.1	The Buyer shall: 

  

	 	-	do its utmost to maintain the Airbus CBT and the relating documentation in good working condition, in order to ensure the correct operation thereof;

  

	 	-	use the Airbus CBT in accordance with such documentation and the User Guide, and ensure that the staff using the Airbus CBT has received the appropriate training;

  

	 	-	use the Airbus CBT exclusively in the technical environment defined in the Technical Specification, except as otherwise agreed in writing between the parties;

  

	 	-	use the Airbus CBT for its own internal needs and on its Network, when technically possible, only and exclusively on the machine referenced and the site declared;

  

	 	-	not transmit the Airbus CBT electronically by any means, nor use the Airbus CBT on either the internet, Intranet or Extranet; 

 

	 	-	not alter, reverse engineer, modify or adapt the Airbus CBT, or integrate all or part of the Airbus CBT in any manner whatsoever into another software product;

  

	 	-	not correct the Airbus CBT, except that such correction right may exceptionally be granted to the Buyer by the Seller in writing; 

 

	 	-	not translate, disassemble or decompile the Airbus CBT Software or create a software product derived from the Airbus CBT Software; 

 

	 	-	not attempt to or authorise a third party to discover or re-write the Airbus CBT source codes in any manner whatsoever; 

  
 Clause 16
– Page 19/22 

 APPENDIX C TO CLAUSE 16 
  

	 	-	not delete any identification or declaration relative to the intellectual property rights, trademarks or any other information related to ownership or intellectual
property rights provided in the Airbus CBT by the Seller; 

  

	 	-	not pledge, sell, distribute, grant, sub-license, lease, lend, whether on a free-of-charge basis or against payment, or permit access on a time-sharing basis or any
other utilisation of the Airbus CBT, whether in whole or in part, for the benefit of a third party; 

  

	 	-	not permit any third party to use the Airbus CBT in any manner, including but not limited to, any outsourcing, loan, commercialisation of the Airbus CBT or
commercialisation by merging the Airbus CBT into another software or adapting the Airbus CBT, without prior written consent from the Seller. 

 The Seller shall be entitled, subject to providing reasonable prior written notice thereof to the Buyer, to come and verify in the Buyer’s facilities whether the conditions specified in this Airbus
CBT License are respected. This shall not however commit the responsibility of the Seller in any way whatsoever. 
  

	6.2	Use of the Airbus CBT Software 

 Notwithstanding Clause 6.1 above, the Buyer shall use the Airbus CBT Software for the exclusive purpose of, for the student delivery mode: 

 

	 	(i)	rostering students for one or several courses syllabi in order to follow students’ progression, 

 

	 	(ii)	rearranging courses syllabi or creating new ones using available courseware modules. 

However, the Seller disclaims any responsibility regarding any course(s) that may be modified or rearranged by the Buyer. 

 

	6.3	Use of the Airbus CBT Courseware 

 Notwithstanding Clause 5 above, the Buyer shall use the Airbus CBT Courseware for the exclusive purpose of performing training of its personnel, or of third party personnel contracted to perform
maintenance work on the Buyer’s Aircraft on behalf of the Buyer. Such training shall be performed exclusively at the Buyer’s facility or at a subcontractor’s facility if performed by Buyer’s personnel and for the Buyer’s
personnel. 
  

	7.	PROPRIETARY RIGHTS AND NON DISCLOSURE 

 The Airbus CBT Software and Airbus CBT Courseware, the copyrights and any and all other author rights, intellectual, commercial or industrial proprietary rights of whatever nature in the Airbus CBT
Software and Airbus CBT Courseware are and shall remain with the Seller and/or its Affiliates or suppliers, as the case may 

  
 Clause 16
– Page 20/22 

 APPENDIX C TO CLAUSE 16 
  

 be. The Airbus CBT Software and Airbus CBT Courseware and their contents are designated
as confidential. The Buyer shall not take any commercial advantage by copy or presentation to third parties of the Airbus CBT Software, the documentation, the Airbus CBT Courseware, and/or any rearrangement, modification or copy thereof. 

The Buyer acknowledges the Seller’s proprietary rights in the Airbus CBT and undertakes not to disclose the Airbus CBT Software or
Airbus CBT Courseware or parts thereof or their contents to any third party without the prior written consent of the Seller. Insofar as it is necessary to disclose aspects of the Airbus CBT Software and Airbus CBT Courseware to the Buyer’s
personnel, such disclosure is permitted only for the purpose for which the Airbus CBT Software and Airbus CBT Courseware are supplied to the Buyer under the present Airbus CBT Licence. 

 

	8.	WARRANTY 

  

	8.1	The Seller warrants that the Airbus CBT is prepared in accordance with the state of art at the date of its conception. Should the Airbus CBT be found to contain
any non-conformity or defect, the Buyer shall promptly notify the Seller thereof and the sole and exclusive liability of the Seller under this Clause 8.1 shall be to correct the same at its own expense. 

 

	8.2	THE WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE SELLER AND/OR ITS SUPPLIERS AND REMEDIES OF THE BUYER SET FORTH IN THE AIRBUS CBT LICENCE ARE EXCLUSIVE AND IN
SUBSTITUTION FOR, AND THE BUYER HEREBY WAIVES, RELEASES AND RENOUNCES ALL OTHER WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE SELLER AND/OR ITS SUPPLIERS AND RIGHTS, CLAIMS AND REMEDIES OF THE BUYER AGAINST THE SELLER, ITS SUPPLIERS AND/OR THEIR
INSURERS, EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN THE AIRBUS CBT DELIVERED UNDER THIS AGREEMENT INCLUDING BUT NOT LIMITED TO: 

 

	 	(A)	ANY WARRANTY AGAINST HIDDEN DEFECTS (GARANTIE DES VICES CACHES); 

  

	 	(B)	ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS; 

  

	 	(C)	ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE; 

 

	 	(D)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY, WHETHER CONTRACTUAL OR DELICTUAL AND WHETHER OR NOT ARISING FROM THE SELLER’S AND/OR ITS SUPPLIERS’
NEGLIGENCE, ACTUAL OR IMPUTED; AND 

  
 Clause 16
– Page 21/22 

 APPENDIX C TO CLAUSE 16 
  

	 	(E)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY FOR LOSS OF OR DAMAGE TO ANY AIRCRAFT, COMPONENT, EQUIPMENT, ACCESSORY OR PART THEREOF OR THE AIRBUS CBT DELIVERED
HEREUNDER. 

 THE SELLER AND/OR ITS SUPPLIERS SHALL HAVE NO OBLIGATION OR LIABILITY, HOWSOEVER ARISING, FOR LOSS
OF USE, REVENUE OR PROFIT OR FOR ANY OTHER DIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY NONCONFORMITY OR DEFECT IN THE AIRBUS CBT DELIVERED UNDER THIS AGREEMENT. 

FOR THE PURPOSES OF THIS CLAUSE 8.2, “THE SELLER” SHALL INCLUDE THE SELLER, ITS AFFILIATES AND ANY OF THEIR RESPECTIVE
INSURERS. 
  

	9.	Copyright Indemnity 

 The
Licensor shall defend and indemnify the Licensee against any claim that the normal use of the Software infringes the intellectual property rights of any third party, provided that the Licensee: 

 

	 	•	Immediately notifies the Licensor of any such claim; 

  

	 	•	Makes no decision or settlement of any claim; 

  

	 	•	Allows the Licensor to have sole control over all negotiations for its settlement; 

 

	 	•	Gives the Licensor all reasonable assistance in connection therewith. 

 Should the Licensee be prevented from using the Software by any enforceable court decision, the Licensor shall at its own costs and at its choice either modify the Software to avoid infringement or obtain
for the Licensee the right to use the Software. 

  
 Clause 16
– Page 22/22 

 Appendix 1.1 to Exhibit A 
 STANDARD SPECIFICATION Ref. *****  
 All prices are in USD at Delivery
Conditions ***** 
  

							
	 EPAC Ref.
	  	 Title
	  	Price per Aircraft
USD D.C.
*****	 
		  	Introduction of A319-100 Standard Specification at *****	  	 	*****	  
		
	ATA 02	  	Certification	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.12.*****	  	*****	  	 	*****	  
	02.12.*****	  	*****	  	 	*****	  
	02.35.*****	  	*****	  	 	*****	  
	02.35.*****	  	*****	  	 	*****	  
	02.40.*****	  	*****	  	 	*****	  
		
	ATA 03	  	Weights	  
	03.20.*****	  	*****	  	 	*****	  
	03.20.*****	  	*****	  	 	*****	  
		
	ATA 11	  	Placards and markings	  
	11.00.*****	  	*****	  	 	*****	  
	11.00.*****	  	*****	  	 	*****	  
	11.00.*****	  	*****	  	 	*****	  
	11.00.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.30.*****	  	*****	  	 	*****	  
	11.30.*****	  	*****	  	 	*****	  
	11.30.*****	  	*****	  	 	*****	  
	11.30.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.1 to Exhibit A 

 

							
	ATA 21	  	Air conditioning	  
	21.27.*****	  	*****	  	 	*****	  
	21.27.*****	  	*****	  	 	*****	  
	21.30.*****	  	*****	  	 	*****	  
	21.50.*****	  	*****	  	 	*****	  
		
	ATA 22	  	Auto flight	  
	22.70. *****	  	*****	  	 	*****	  
		
	ATA 23	  	Communications	  
	23.73.*****	  	*****	  	 	*****	  
	23.00.*****	  	*****	  	 	*****	  
	23.11.*****	  	*****	  	 	*****	  
	23.13.*****	  	*****	  	 	*****	  
	23.50.*****	  	*****	  	 	*****	  
	23.51.*****	  	*****	  	 	*****	  
	23.71.*****	  	*****	  	 	*****	  
	    *****	  	*****	  	 	*****	  
	23.36.*****	  	*****	  	 	*****	  
	23.36.*****	  	*****	  	 	*****	  
	    *** **	  	*****	  	 	*****	  
		
	ATA 24	  	Electrical power	  
	24.00.*****	  	*****	  	 	*****	  
		  	*****	  	 	*****	  
		
	ATA 25	  	Cabin & cockpit	  
	    *****	  	*****	  	 	*****	  
		  	*****	  	 	*****	  
		  	*****	  	 	*****	  
	25.24.*****	  	*****	  	 	*****	  
	    *****	  	*****	  	 	*****	  
	25.50.*****	  	*****	  	 	*****	  
	25.61.*****	  	*****	  	 	*****	  
	25.45.*****	  	*****	  	 	*****	  
	25.28.*****	  	*****	  	 	*****	  
	25.35.*****	  	*****	  	 	*****	  
	25.35.*****	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.1 to Exhibit A 

 

							
	25.35.*****	  	*****	  	 	*****	  
	25.45.*****	  	*****	  	 	*****	  
	25.67.*****	  	*****	  	 	*****	  
	25.28.*****	  	*****	  	 	*****	  
		  	*****	  	 	*****	  
		
	ATA 26	  	Fire protection	  
	26.21.*****	  	*****	  	 	*****	  
		
	ATA 27	  	Flight Controls	  
	27.92. *****	  	*****	  	 	*****	  
		
	ATA 29	  	Hydraulic Power	  
	29.10.*****	  	*****	  	 	*****	  
	29.21.*****	  	*****	  	 	*****	  
		
	ATA 30	  	Ice and Rain Protection	  
	30.11.*****	  	*****	  	 	*****	  
		
	ATA 31	  	Indicating/Recording	  
	31.33.*****	  	*****	  	 	*****	  
	31.33.*****	  	*****	  	 	*****	  
	31.52.*****	  	*****	  	 	*****	  
	31.60.*****	  	*****	  	 	*****	  
		
	ATA 32	  	Landing gear	  
	32.00.*****	  	*****	  	 	*****	  
	32.10.*****	  	*****	  	 	*****	  
	32.40.*****	  	*****	  	 	*****	  
	32.41.*****	  	*****	  	 	*****	  
	32.41.*****	  	*****	  	 	*****	  
	32.48.*****	  	*****	  	 	*****	  
		
	ATA 33	  	Lights	  
	33.50.*****	  	*****	  	 	*****	  
		
	ATA 34	  	Navigation	  
	34.10.*****	  	*****	  	 	*****	  
	34.13.*****	  	*****	  	 	*****	  
	34.13.*****	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.1 to Exhibit A 

 

							
	34.20.*****	  	*****	  	 	*****	  
	34.41.*****	  	*****	  	 	*****	  
	34.42.*****	  	*****	  	 	*****	  
	34.42.*****	  	*****	  	 	*****	  
	34.43.*****	  	*****	  	 	*****	  
	34.48.*****	  	*****	  	 	*****	  
	34.48.*****	  	*****	  	 	*****	  
	34.48.*****	  	*****	  	 	*****	  
	34.50.*****	  	*****	  	 	*****	  
	34.58.*****	  	*****	  	 	*****	  
		
	ATA 35	  	Oxygen	  
	35.11.*****	  	*****	  	 	*****	  
	35.20.*****	  	*****	  	 	*****	  
	35.21.*****	  	*****	  	 	*****	  
	35.31.*****	  	*****	  	 	*****	  
		
	ATA 36	  	Pneumatic	  
	36.110.*****	  	*****	  	 	*****	  
		
	ATA 38	  	Water/Waste	  
	38.41.*****	  	*****	  	 	*****	  
	38.10.*****	  	*****	  	 	*****	  
		
	ATA 46	  	ATSU	  
	46.21.*****	  	*****	  	 	*****	  
		
	ATA 49	  	APU	  
	49.00.*****	  	*****	  	 	*****	  
		
	ATA 51	  	Structure	  
	51.22.*****	  	*****	  	 	*****	  
		
	ATA 52	  	Doors	  
	52.51.*****	  	*****	  	 	*****	  
		
	ATA 55	  	Stabilizers	  
	55.30.*****	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.1 to Exhibit A 

 

							
	ATA 56	 	Windows	  
	56.10.*****	 	*****	 	 	*****	  
	56.10.*****	 	*****	 	 	*****	  
		
	ATA 72	 	Engines	  
	72.00.*****	 	*****	 	 	*****	  
			
		 	 TOTAL USD per Aircraft D.C. *****
	 	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.2 to Exhibit A 
 STANDARD SPECIFICATION Ref. *****  
 All prices are in USD at Delivery
Conditions ***** 
  

							
	 EPAC Ref.
	  	 Title
	  	Price per Aircraft
USD D.C.
*****	 
		  	Introduction of A320-200 Standard Specification at *****	  	 	*****	  
		
	ATA 02	  	Certification	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	2.12.*****	  	*****	  	 	*****	  
	02.12.*****	  	*****	  	 	*****	  
	02.35.*****	  	*****	  	 	*****	  
	02.35.*****	  	*****	  	 	*****	  
	02.40.*****	  	*****	  	 	*****	  
		
	ATA 03	  	Weights	  
	03.20.*****	  	*****	  	 	*****	  
	03.20.*****	  	*****	  	 	*****	  
		
	ATA 11	  	Placards and markings	  
	11.00.*****	  	*****	  	 	*****	  
	11.00.*****	  	*****	  	 	*****	  
	11.00.*****	  	*****	  	 	*****	  
	11.00.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.30.*****	  	*****	  	 	*****	  
	11.30.*****	  	*****	  	 	*****	  
	11.30.*****	  	*****	  	 	*****	  
	11.30.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  
	11.20.*****	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.2 to Exhibit A 

 

							
	ATA 21	  	Air conditioning	  
	1.27.*****	  	*****	  	 	*****	  
	21.27.*****	  	*****	  	 	*****	  
	21.30.*****	  	*****	  	 	*****	  
	21.50.*****	  	*****	  	 	*****	  
		
	ATA 22	  	Auto flight	  
	22.70.*****	  	*****	  	 	*****	  
		
	ATA 23	  	Communications	  
	23.73.*****	  	*****	  	 	*****	  
	23.00.*****	  	*****	  	 	*****	  
	23.11.*****	  	*****	  	 	*****	  
	23.13.*****	  	*****	  	 	*****	  
	23.50.*****	  	*****	  	 	*****	  
	23.51.*****	  	*****	  	 	*****	  
	23.71.*****	  	*****	  	 	*****	  
	    *****	  	*****	  	 	*****	  
	23.36.*****	  	*****	  	 	*****	  
	23.36.*****	  	*****	  	 	*****	  
		  	*****	  	 	*****	  
		
	ATA 24	  	Electrical power	  
	24.00.*****	  	*****	  	 	*****	  
		  	*****	  	 	*****	  
		
	ATA 25	  	Cabin & cockpit	  
		  	*****	  	 	*****	  
		  	*****	  	 	*****	  
		  	*****	  	 	*****	  
	25.24.*****	  	*****	  	 	*****	  
	    *****	  	*****	  	 	*****	  
	25.50.*****	  	*****	  	 	*****	  
	25.61.*****	  	*****	  	 	*****	  
	25.45.*****	  	*****	  	 	*****	  
	25.28.*****	  	*****	  	 	*****	  
	25.35.*****	  	*****	  	 	*****	  
	25.35.*****	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.2 to Exhibit A 

 

					
	25.35.*****	  	*****	  	*****
	25.45.*****	  	*****	  	*****
	25.67.*****	  	*****	  	*****
	*****	  	*****	  	*****
	25.28.*****	  	*****	  	*****
		  	*****	  	*****
		
	ATA 26	  	Fire protection
	26.21.*****	  	*****	  	*****
		
	ATA 27	  	Flight Controls
	27.92.*****	  	*****	  	*****
		
	ATA 29	  	Hydraulic Power
	29.10.*****	  	*****	  	*****
	29.21.*****	  	*****	  	*****
		
	ATA 30	  	Ice and Rain Protection
	30.11.*****	  	*****	  	*****
		
	ATA 31	  	Indicating/Recording
	31.33.*****	  	*****	  	*****
	31.33.*****	  	*****	  	*****
	31.52.*****	  	*****	  	*****
	31.60.*****	  	*****	  	*****
		
	ATA 32	  	Landing gear
	32.00.*****	  	*****	  	*****
	32.10.*****	  	*****	  	*****
	32.40.*****	  	*****	  	*****
	32.41.*****	  	*****	  	*****
	32.41.*****	  	*****	  	*****
	32.48.*****	  	*****	  	*****
		
	ATA 33	  	Lights
	33.50.*****	  	*****	  	*****
		
	ATA 34	  	Navigation
	34.10.*****	  	*****	  	*****
	34.13.*****	  	*****	  	*****

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.2 to Exhibit A 

 

							
	34.13.*****	  	*****	  	 	*****	  
	34.20.*****	  	*****	  	 	*****	  
	34.41.*****	  	*****	  	 	*****	  
	34.42.*****	  	*****	  	 	*****	  
	34.42.*****	  	*****	  	 	*****	  
	34.43.*****	  	*****	  	 	*****	  
	34.48.*****	  	*****	  	 	*****	  
	34.48.*****	  	*****	  	 	*****	  
	34.48.*****	  	*****	  	 	*****	  
	34.50.*****	  	*****	  	 	*****	  
	34.58.****	  	*****	  	 	*****	  
		
	ATA 35	  	Oxygen	  
	3.11.*****	  	*****	  	 	*****	  
	35.20.*****	  	*****	  	 	*****	  
	35.21.*****	  	*****	  	 	*****	  
	35.31.*****	  	*****	  	 	*****	  
		
	ATA 36	  	Pneumatic	  
	36.110.*****	  	*****	  	 	*****	  
		
	ATA 38	  	Water/Waste	  
	38.41.*****	  	*****	  	 	*****	  
	38.10.*****	  	*****	  	 	*****	  
		
	ATA 46	  	ATSU	  
	46.21.*****	  	*****	  	 	*****	  
		
	ATA 49	  	APU	  
	9.00.*****	  	*****	  	 	*****	  
		
	ATA 51	  	Structure	  
	51.22.*****	  	*****	  	 	*****	  
		
	ATA 52	  	Doors	  
	52.51.*****	  	*****	  	 	*****	  
		
	ATA 55	  	Stabilizers	  
	55.30.*****	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.2 to Exhibit A 

 

					
	ATA 56	  	Windows
	56.10.*****	  	*****	  	*****
	56.10.*****	  	*****	  	*****
		
	ATA 72	  	Engines
	72.00.*****	  	*****	  	*****
			
		  	 TOTAL USD per Aircraft D.C. *****
	  	*****

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.3 to Exhibit A 
 STANDARD SPECIFICATION Ref. ***** 
 All prices are in USD at Delivery Conditions
***** 
  

							
	 EPAC Ref.
	  	 Title
	  	Price per Aircraft
USD
D.C.*****	 
		  	Introduction of A321-200 Standard Specification at *****	  	 	*****	  
		
	ATA 02	  	Certification	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.10.*****	  	*****	  	 	*****	  
	02.12.*****	  	*****	  	 	*****	  
	02.12.*****	  	*****	  	 	*****	  
	 02.35.*****
	  	*****	  	 	*****	  
	 02.35.*****
	  	*****	  	 	*****	  
	 02.40.*****
	  	*****	  	 	*****	  
			
	 ATA 03
	  	Weights	  			
	 03.20.*****
	  	*****	  	 	*****	  
			
	 ATA 11
	  	Placards and markings	  			
	 11.00.*****
	  	*****	  	 	*****	  
	 11.00.*****
	  	*****	  	 	*****	  
	 11.00.*****
	  	*****	  	 	*****	  
	 11.00.*****
	  	*****	  	 	*****	  
	 11.20.*****
	  	*****	  	 	*****	  
	 11.30.*****
	  	*****	  	 	*****	  
	 11.30.*****
	  	*****	  	 	*****	  
	 11.30.*****
	  	*****	  	 	*****	  
	 11.30.*****
	  	*****	  	 	*****	  
	 11.20.*****
	  	*****	  	 	*****	  
	 11.20.*****
	  	*****	  	 	*****	  
	 11.20.*****
	  	*****	  	 	*****	  
	 11.20.*****
	  	*****	  	 	*****	  
	 11.20.*****
	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.3 to Exhibit A 

 

							
			
	 ATA 21
	  	Air conditioning	  			
	 21.27.*****
	  	*****	  	 	*****	  
	 21.27.*****
	  	*****	  	 	*****	  
	 21.30.*****
	  	*****	  	 	*****	  
	 21.50.*****
	  	*****	  	 	*****	  
			
	 ATA 22
	  	Auto flight	  			
	 22.70.*****
	  	*****	  	 	*****	  
			
	 ATA 23
	  	Communications	  			
	 23.73.*****
	  	*****	  	 	*****	  
	 23.00.*****
	  	*****	  	 	*****	  
	 23.11.*****
	  	*****	  	 	*****	  
	 23.13.*****
	  	*****	  	 	*****	  
	 23.50.*****
	  	*****	  	 	*****	  
	 23.51.*****
	  	*****	  	 	*****	  
	 23.71.*****
	  	*****	  	 	*****	  
	     *****
	  	*****	  	 	*****	  
	 23.36.*****
	  	*****	  	 	*****	  
	 23.36.*****
	  	*****	  	 	*****	  
	     *****
	  	*****	  	 	*****	  
			
	 ATA 24
	  	Electrical power	  			
	 24.00.*****
	  	*****	  	 	*****	  
		  	*****	  	 	*****	  
			
	 ATA 25
	  	Cabin & cockpit	  			
	     *****
	  	*****	  	 	*****	  
		  	*****	  	 	*****	  
		  	*****	  	 	*****	  
	 25.24.*****
	  	*****	  	 	*****	  
	     *****
	  	*****	  	 	*****	  
	 25.50.*****
	  	*****	  	 	*****	  
	 25.61.*****
	  	*****	  	 	*****	  
	 25.45.*****
	  	*****	  	 	*****	  
	 25.28.*****
	  	*****	  	 	*****	  
	 25.35.*****
	  	*****	  	 	*****	  
	 25.35.*****
	  	*****	  	 	*****	  
	 25.36.*****
	  	*****	  	 	*****	  
	 25.45.*****
	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.3 to Exhibit A 

 

							
	 25.67.*****
	  	*****	  	 	*****	  
	 25.28.*****
	  	*****	  	 	*****	  
		  	*****	  	 	*****	  
		
	 ATA 26
	  	Fire protection	  
	 26.21.*****
	  	*****	  	 	*****	  
		
	 ATA 27
	  	Flight Controls	  
	 27.92.*****
	  	*****	  	 	*****	  
			
	 ATA 29
	  	Hydraulic Power	  			
	 29.10.*****
	  	*****	  	 	*****	  
	 29.21.*****
	  	*****	  	 	*****	  
		
	 ATA 30
	  	Ice and Rain Protection	  
	 30.11.*****
	  	*****	  	 	*****	  
		
	 ATA 31
	  	Indicating/Recording	  
	 31.33.*****
	  	*****	  	 	*****	  
	 31.33.*****
	  	*****	  	 	*****	  
	 31.52.*****
	  	*****	  	 	*****	  
	 31.60.*****
	  	*****	  	 	*****	  
		
	 ATA 32
	  	Landing gear	  
	 32.00.*****
	  	*****	  	 	*****	  
	 32.10.*****
	  	*****	  	 	*****	  
	 32.40.*****
	  	*****	  	 	*****	  
	 32.41.*****
	  	*****	  	 	*****	  
	 32.41.*****
	  	*****	  	 	*****	  
	 32.48.*****
	  	*****	  	 	*****	  
		
	 ATA 33
	  	Lights	  
	 33.50.*****
	  	*****	  	 	*****	  
		
	 ATA 34
	  	Navigation	  
	 34.10.*****
	  	*****	  	 	*****	  
	 34.13.*****
	  	*****	  	 	*****	  
	 34.13.*****
	  	*****	  	 	*****	  
	 34.20.*****
	  	*****	  	 	*****	  
	 34.41.*****
	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.3 to Exhibit A 

 

							
	 34.42.*****
	  	*****	  	 	*****	  
	 34.42.*****
	  	*****	  	 	*****	  
	 34.41*****
	  	*****	  	 	*****	  
	 34.48.*****
	  	*****	  	 	*****	  
	 34.48.*****
	  	*****	  	 	*****	  
	 34.48.*****
	  	*****	  	 	*****	  
	 34.50.*****
	  	*****	  	 	*****	  
	 34.58.*****
	  	*****	  	 	*****	  
		
	 ATA 35
	  	Oxygen	  
	 35.11.*****
	  	*****	  	 	*****	  
	 35.20.*****
	  	*****	  	 	*****	  
	 35.5.*****
	  	*****	  	 	*****	  
	 35.31.*****
	  	*****	  	 	*****	  
		
	 ATA 36
	  	Pneumatic	  
	 36.110.*****
	  	*****	  	 	*****	  
		
	 ATA 38
	  	Water/Waste	  
	 38.41.*****
	  	*****	  	 	*****	  
	 38.10.*****
	  	*****	  	 	*****	  
		
	 ATA 46
	  	ATSU	  
	 46.21.*****
	  	*****	  	 	*****	  
		
	 ATA 49
	  	APU	  
	 49.00.*****
	  	*****	  	 	*****	  
		
	 ATA 51
	  	Structure	  
	 51.22.*****
	  	*****	  	 	*****	  
		
	 ATA 52
	  	Doors	  
	 52.51.*****
	  	*****	  	 	*****	  
		
	 ATA 55
	  	Stabilizers	  
	 55.30.*****
	  	*****	  	 	*****	  
		
	 ATA 56
	  	Windows	  
	 56.10.*****
	  	*****	  	 	*****	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 Appendix 1.3 to Exhibit A 

 

							
	 56.10.*****
	  	*****	  	 	*****	  
		
	 ATA 72
	  	Engines	  
	 72.00.*****
	  	*****	  	 	*****	  
			
		  	 TOTAL USD per Aircraft D.C. *****
	  	 	$1,348,800.00	  

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

	17	EQUIPMENT SUPPLIER PRODUCT SUPPORT 

  

	a)	Equipment Supplier Product Support Agreements 

  

	17.1.1	The Seller has obtained enforceable and transferable product support agreements from Suppliers of Seller Furnished Equipment listed in the Specification.

  

	17.1.2	These agreements are based on the “World Airlines Suppliers Guide” and include Supplier commitments as contained in the “Supplier Product
Support Agreements” which include the following provisions: 

  

	17.1.2.1	Technical data and manuals required to operate, maintain, service and overhaul the Supplier Parts. Such technical data and manuals shall be prepared in accordance with
the applicable provisions of ATA Specification including revision service and be published in the English language. The Seller shall recommend that software data, where applicable, be supplied in the form of an appendix to the Component Maintenance
Manual, such data shall be provided in compliance with the applicable ATA Specification. 

  

	17.1.2.2	Warranties and guarantees including standard warranties. In addition, landing gear Suppliers shall provide service life policies for selected structural landing gear
elements. 

  

	17.1.2.3	Training to ensure efficient operation, maintenance and overhaul of the Supplier Parts for the Buyer’s instructors, shop and line service personnel.

  

	17.1.2.4	Spares data in compliance with ATA 200/2000 Specification, initial provisioning recommendations, spare parts and logistic service including routine and expedited
deliveries. 

  

	17.1.2.5	Technical service to assist the Buyer with maintenance, overhaul, repair, operation and inspection of Supplier Parts as well as required tooling and spares
provisioning. 

  

	b)	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 17
– Page 1/1 

	18	BUYER FURNISHED EQUIPMENT 

  

	c)	Administration 

  

	18.1.1	***** the Seller shall install on each Aircraft those items of equipment which are identified in the Specification as being furnished by the Buyer (“Buyer
Furnished Equipment” or “BFE”), provided that they are referred to in the Airbus BFE Catalog of Approved Suppliers by Products valid at time of ordering of the concerned BFE. 

The Seller shall advise the Buyer of the dates by which, in the planned release of engineering for the Aircraft, the Seller requires a
written detailed engineering definition including the description of the dimensions and weight of BFE, the information related to its certification and information necessary for the installation and operation thereof. The Buyer shall furnish such
detailed description and information by the dates so specified. Such information, dimensions and weights shall not thereafter be revised unless authorised by a Specification Change Notice. 

The Seller shall also furnish in due time to the Buyer a schedule of dates and indication of shipping addresses for delivery of BEE and,
where requested by the Seller, additional spare BFE to permit installation in the Aircraft and delivery of the Aircraft in accordance with the delivery schedule. The Buyer shall provide such equipment by such dates in a serviceable condition, in
order to allow performance of any assembly, test, or acceptance process in accordance with the industrial schedule. 
 The Buyer
shall also cause to provide, when requested by the Seller, at AIRBUS FRANCE S.A.S. works in TOULOUSE (FRANCE) and/or at AIRBUS DEUTSCHLAND GmbH, Division Hamburger Flugzeugbau Works in HAMBURG (FEDERAL REPUBLIC OF GERMANY) adequate field service
including support from BFE suppliers to act in a technical advisory capacity to the Seller in the installation, calibration and possible repair of any BFE. 
  

	18.1.2	The Seller shall be entitled to refuse any item of BFE which it considers incompatible with the Specification, the above mentioned engineering definition or the
certification requirements. 

  

	18.1.3	The BFE shall be imported into FRANCE or into the FEDERAL REPUBLIC OF GERMANY by the Buyer under a suspensive customs system (“Régime de
l’entrepôt industriel pour fabrication coordonnée” or “Zollverschluss”) without application of any French or German tax or customs duty, and shall be Delivered Duty Unpaid (DDU) according to the Incoterms
definition. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 18
– Page 1/3 

 Shipping Addresses: 

AIRBUS FRANCE S.A.S. 
 316 Route de Bayonne 
 31300 TOULOUSE 

FRANCE 
 or

 AIRBUS DEUTSCHLAND GmbH 
 Division Hamburger Flugzeugbau 
 Kreetslag 10 

21129 HAMBURG 

FEDERAL REPUBLIC OF GERMANY 
 as provided in Clause 18.1. 
  

	18.1.4	***** 

  

	d)	Aviation Authorities’ Requirements 

 The Buyer is responsible for, at its expense, and warrants that BFE shall be manufactured by a qualified supplier, shall meet the requirements of the applicable Specification, shall comply with applicable
requirements incorporated by reference to the Type Certificate and listed in the Type Certificate Data Sheet, shall be approved by the Aviation Authorities delivering the Export Certificate of Airworthiness and by the Buyer’s Aviation Authority
for installation and use on the Aircraft at the time of Delivery of such Aircraft. 
  

	e)	Buyer’s Obligation and Seller’s Remedies 

  

	18.1.5	Any delay or failure in complying with the foregoing warranty or in providing the descriptive information or service representatives mentioned in Clause 18.1 or in
furnishing the BFE in serviceable condition at the requested delivery date or in obtaining any required approval for such equipment under the above mentioned Aviation Authorities regulations may delay the performance of any act to be performed by
the Seller, and cause the Final Price of the Aircraft to be adjusted in accordance with the updated delivery schedule and to include in particular the amount of the Seller’s additional costs, attributable to such delay or failure such as
storage, taxes, insurance and costs of out-of-sequence installation. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 18
– Page 2/3 

	18.1.6	Further, in any such event, the Seller may: 

  

	 	(i)	select, purchase and install an equipment similar to the involved one, in which event the Final Price of the affected Aircraft shall also be increased by the purchase
price of such equipment plus reasonable costs and expenses incurred by the Seller for handling charges, transportation, insurance, packaging and if so required and not already provided for in the price of the Aircraft for adjustment and calibration;
or 

  

	 	(ii)	if the BFE shall be so delayed by more than ***** or unapproved within ***** deliver the Aircraft without the installation of such equipment, notwithstanding the terms
of Clause 7 insofar as it may otherwise have applied, and the Seller shall thereupon be relieved of all obligations to install such equipment. The Buyer may also elect to have the Aircraft so delivered. 

 

	f)	Title and Risk of Loss 

Title to and risk of loss of any BFE shall at all times remain with the Buyer except that risk of loss (limited to cost of replacement of
said BFE and excluding in particular loss of use) shall be with the Seller for as long as such BFE shall be under the care, custody and control of the Seller. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 18
– Page 3/3 

	19	INDEMNIFICATION AND INSURANCE 

  

	g)	Indemnities Relating to Inspection, Technical Acceptance Process and Ground Training 

 

	19.1.1	The Seller shall, except in case of gross negligence or wilful misconduct of the Buyer, its directors, officers, agents or employees, be solely liable for and shall
indemnify and hold harmless the Buyer, its Affiliates and each of their respective directors, officers, agents, employees and insurers from and against all liabilities, claims, damages, costs and expenses (including legal expenses and attorney fees)
in respect of: 

  

	 	(i)	loss of, or damage to, the Seller’s property; 

  

	 	(ii)	injury to, or death of, the directors, officers, agents or employees of the Seller; 

 

	 	(iii)	any damage caused by the Seller to third parties arising out of, or in any way connected with, any ground check, check or controls under Clause 6 or Clause 8
of this Agreement, the Seller Representative Services and/or Ground Training Services; and 

  

	 	(iv)	any damage caused by the Buyer and/or the Seller to third parties arising out of, or in any way connected with, technical acceptance flights under Clause 8 of this
Agreement. 

  

	19.1.2	The Buyer shall, except in case of gross negligence or wilful misconduct of the Seller, its directors, officers, agents or employees, be solely liable for and shall
indemnify and hold harmless the Seller, its Affiliates and each of their respective directors, officers, agents, employees, sub-contractors and insurers from and against all liabilities, claims, damages, costs and expenses (including legal expenses
and attorney fees) in respect of: 

  

	 	(i)	loss of, or damage to, the Buyer’s property; 

  

	 	(ii)	injury to, or death of the directors, officers, agents or employees of the Buyer; and 

 

	 	(iii)	any damage caused by the Buyer to third parties arising out of, or in any way connected with, any ground check, check or controls under Clause 6 or Clause 8
of this Agreement, the Seller Representative Services and/or Ground Training Services. 

  

	h)	Indemnities Relating to Training on Aircraft after Delivery 

  

	19.1.3	The Buyer shall, except in the case of gross negligence or wilful misconduct of the Seller, its directors, officers, agents and employees, be solely liable for and
shall indemnify and hold harmless the Seller, its Affiliates and each of their 

  
 Clause 19
– Page 1/3 

 respective directors, officers, agents, employees, sub-contractors and insurers from and
against all liabilities, claims, damages, costs and expenses (including legal expenses and attorney fees) incident thereto or incident to successfully establishing the right to indemnification in respect of: 

 

	 	(i)	injury to, or death of, any person (including any of the Buyer’s directors, officers, agents and employees, but not directors, officers, agents and employees of
the Seller); and 

  

	 	(ii)	loss of, or damage to, any property and for loss of use thereof (including the aircraft on which the Aircraft Training Services are performed), arising out of, or in
any way connected with, the performance of any Aircraft Training Services. 

  

	19.1.4	The foregoing indemnity shall not apply with respect to the Seller’s legal liability towards any person other than the Buyer, its directors, officers, agents or
employees arising out of an accident caused solely by a product defect in the Aircraft delivered to and accepted by the Buyer hereunder. 

  

	i)	Indemnities relating to Seller Representatives Services 

 The Buyer shall be solely liable for, and shall indemnify and hold harmless the Seller, its officers, agents, subcontractors and employees from and against all liabilities, damages, losses, costs and
expenses (including all reasonable attorneys’ fees and costs, damages or fees necessary for the establishment of a right to indemnification if such right is successfully established) for all injuries to and death of persons excepting injuries
to and death of the Seller’s Representatives Services, and for loss of or damage to property howsoever arising out of or in connection with performance of the Seller’s Representatives Services, except when due to gross negligence or wilful
misconduct of the Seller, its directors, agents or employees. 
 The Seller hereby indemnifies and holds harmless the Buyer, its
officers, agents, subcontractors and employees from and against all liabilities, damages, losses, costs and expenses (including all reasonable attorneys’ fees and costs, damages or fees necessary for the establishment of a right to
indemnification if such right is successfully established) for injuries to or death of Seller’s said representatives during the performance of Seller’s Representatives Services, except when due to gross negligence or wilful misconduct of
the Buyer, its directors, agents or employees. 
  

	j)	Insurances 

 To the
extent of the Buyer’s undertaking set forth in Clause 19.2.1, for all training periods on aircraft, the Buyer shall: 
  

	 	(i)	cause the Seller and its directors, officers, agents, employees, Affiliates and sub-contractors to be named as additional insureds under the Buyer’s

  
 Clause 19
– Page 2/3 

 Comprehensive Aviation Legal Liability insurance policies, including War Risks and Allied
Perils such insurance shall include the AVN 52E Extended Coverage Endorsement Aviation Liabilities as well an additional coverage in respect of War and Allied Perils Third Parties Legal Liabilities Insurance; and 

 

	 	(ii)	with respect to the Buyer’s Hull All Risks and Hull War Risks insurances and Allied Perils, cause the insurers of the Buyer’s hull insurance policies to waive
all rights of subrogation against the Seller and its directors, officers, agents, employees, Affiliates and sub-contractors. 

 Any applicable deductible shall be borne by the Buyer. 
 With respect to the above
policies, the Buyer shall furnish to the Seller, not less than ***** prior to the start of any such training period, certificates of insurance from the Buyer’s insurance broker(s), in English, evidencing the limit of liability cover and period
of insurance in a form acceptable to the Seller certifying that such policies have been endorsed as follows: 
  

	 	(i)	under the Comprehensive Aviation Legal Liability Insurances, the Buyer’s policies are primary and non-contributory to any insurance maintained by the Seller;

  

	 	(ii)	such insurance can only be cancelled or materially altered by the giving of not less than thirty (30) days (but seven (7) days or such lesser period as may be
customarily available in respect of War Risks and Allied Perils) prior written notice thereof to the Seller; and 

  

	 	(iii)	under any such cover, all rights of subrogation against the Seller, its directors, officers, agents, employees, Affiliates and sub-contractors, and their respective
insurers, have been waived to the extent of the Buyer’s undertaking and specifically referring to Clause 19.2.1 and to this Clause 19.4. 

  

	k)	Notice of Claims 

 If any
claim is made or suit is brought against either party (or its respective directors, officers, agents, employees, Affiliates and sub-contractors) for damages for which liability has been assumed by the other party in accordance with the provisions of
this Agreement, the party against which a claim is so made or suit is so brought shall promptly give notice to the other party, and the latter shall (unless otherwise requested by the party against which a claim is so made or suit is so brought, in
which case the other party nevertheless shall have the right to) assume and conduct the defence thereof, or effect any settlement which it, in its opinion, deems proper. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 19
– Page 3/3 

	20	TERMINATION 

  

	l)	***** 

  

	m)	***** 

  

	n)	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 20
– Page 1/2 

 All costs referred to in Clause 9.2.3 and relating to the period between the notified
date of delivery (as referred to in Clause 9.2.3) and the date of termination of all or part of this Agreement shall be borne by the Buyer. 
  

	o)	Termination for Default under other Agreements 

 If the Buyer fails to perform or comply with any payment obligation in excess of ***** US Dollar (USD *****), expressed to be assumed by it in any Other Agreement between the Buyer and the Seller or
any of its Affiliates and such failure is not remedied within ***** after the Seller has given notice thereof to the Buyer, then the Seller may, by written notice, terminate all or part of this Agreement. 

 

	p)	General 

  

	20.1.1	To the full extent permitted by law, the termination of all or part of this Agreement pursuant to Clauses 20.1, 20.2, 20.3 and 20.4 shall become effective immediately
upon receipt by the relevant party of the notice of termination sent by the other party without it being necessary for either party to take any further action or to seek any consent from the other party or any court having jurisdiction.

  

	20.1.2	The right for either party under Clause 20.1 and for the Seller under Clauses 20.2, 20.3, and 20.4 to terminate all or part of this Agreement shall be without
prejudice to any other rights and remedies available to such party to seek termination of all or part of this Agreement before any court having jurisdiction pursuant to any failure by the other party to perform its obligations under this Agreement.

  

	20.1.3	If the party taking the initiative of terminating this Agreement decides to terminate part of it only, the notice sent to the other party shall specify those provisions
of this Agreement which shall be terminated. 

  

	20.1.4	In the event of termination of this Agreement following a default from the Buyer, including but not limited to a default under Clauses 20.1, 20.2, 20.3 and 20.4, the
Seller without prejudice to any other rights and remedies available under this Agreement or by law, shall be entitled to retain from the Predelivery Payments, deposits, option fees and any other monies paid by the Buyer to the Seller under this
Agreement an amount equal to the substantiated losses and damages incurred by the Seller and corresponding to the Aircraft, services, data and other items covered by such termination and the balance of such Predelivery Payments, deposits, option
fees and any other monies paid by the Buyer to the Seller under this Agreement and not so retained shall be returned to the Buyer. The Seller shall use reasonable efforts to mitigate the amount of any such losses and damages.

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 20
– Page 2/2 

	21	ASSIGNMENTS AND TRANSFERS 

  

	q)	Assignments by Buyer 

Except as hereinafter provided, the Buyer may not sell, assign, novate or transfer its rights and obligations under this Agreement to any
person without the prior written consent of the Seller, which shall not unreasonably be withheld. 
  

	21.1.1	Assignments for Predelivery Financing 

 The Buyer shall be entitled to assign its rights under this Agreement at any time in order to provide security for the financing of any Predelivery Payments subject to such assignment being in form and
substance reasonably acceptable to the Seller. 
  

	21.1.2	Assignments for Delivery Financing or Refinancing 

 The Buyer shall be entitled to assign its rights under this Agreement at any time in connection with the financing of its obligation to pay the Final Price or any refinancing of indebtedness secured by
the Aircraft subject to such assignment being in form and substance reasonably acceptable to the Seller. 
  

	21.1.3	Assignments to a Buyer’s Affiliate 

 ***** 
  

	r)	Assignments by Seller 

The Seller may at any time sell, assign, novate or transfer its rights and obligations under this Agreement to any person, provided such
sale, assignment or transfer be notified to Buyer and shall not have a material adverse effect on any of Buyer’s rights and obligations under this Agreement nor additional costs or expenses for the Buyer. 

 

	s)	Post-delivery Sale or Lease of Aircraft 

 ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Clause 21
– Page 1/1 

	22	MISCELLANEOUS PROVISIONS 

  

	t)	Data Retrieval 

 The
Buyer shall provide the Seller, as the Seller may reasonably request, with all the necessary data as customarily compiled by the Buyer and pertaining to the operation of the Aircraft to assist the Seller in making efficient and coordinated survey of
all reliability, maintainability, operational and cost data with a view to improving the safety, availability and operational costs of the Aircraft. 
  

	u)	Notices 

 All notices and
requests required or authorized hereunder shall be given in writing either by personal delivery to an authorized representative of the party to whom the same is given or by registered mail (return receipt requested), express mail, or courier
(tracking receipt requested) or by facsimile, to be confirmed by subsequent registered mail, and the date upon which any such notice or request is so personally delivered or if such notice or request is given by registered mail, the date upon which
it is received by the addressee or, if given by facsimile, the date upon which it is sent with a correct confirmation printout, provided that if such date of receipt is not a business day notice shall be deemed to have been received on the first
following business day, shall be deemed to be the effective date of such notice or request. 
 Seller’s address for notices
is: 
 AIRBUS 
 Attn. To V. P. Contracts 
 Rond-Point Maurice Bellonte 

31707 Blagnac Cedex 
 France 
 Buyer’s address for notices is: 

CONTROLADORA VUELA 
 COMPANIA DE AVIACION, S. A. de C.V. 
 Blvd. Manuel Avila Camacho 36 Piso 22

 Lomas de Chapultepec 
 Mexico, D.F. 
 MEXICO 

or such other address or such other person as the party receiving the notice or request may reasonably designate from time to time.

  
 Clause 22
– Page 1/4 

	v)	Waiver 

 The failure of
either party to enforce at any time any of the provisions of this Agreement, or to exercise any right herein provided, or to require at any time performance by the other party of any of the provisions hereof, shall in no way be construed to be a
present or future waiver of such provisions nor in any way to affect the validity of this Agreement or any part thereof or the right of the other party thereafter to enforce each and every such provision. The express waiver (whether made one
(1) or several times) by either party of any provision, condition or requirement of this Agreement shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement. 

 

	w)	Law and Jurisdiction 

  

	22.1.1	This Agreement shall be governed by and construed in accordance with the laws of France. 

 

	22.1.2	Any dispute arising out of or in connection with this Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris.

  

	x)	International Supply Contract 

 The Buyer and the Seller recognise that this Agreement is an international supply contract which has been the subject of discussion and negotiation, that all its terms and conditions are fully understood
by the parties, and that the Specification and price of the Aircraft and the other mutual agreements of the parties set forth herein were arrived at in consideration of, inter alia, all the provisions hereof specifically including all waivers,
releases and renunciations by the Buyer set out herein. 
 The Buyer and the Seller hereby also agree that the United Nations
Convention on Contracts for the International Sale of Goods will not apply to this transaction. 
  

	y)	Severability 

 In the
event that any provision of this Agreement should for any reason be held ineffective, the remainder of this Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any provision of
law which renders any provision of this Agreement prohibited or unenforceable in any respect. 
  

	z)	Alterations to Contract 

This Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any previous
understandings, commitments or representations whatsoever oral or written in respect thereto. This Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties or by their duly
authorised representatives. 

  
 Clause 22
– Page 2/4 

	aa)	Language 

 All
correspondence, documents and any other written matters in connection with this Agreement shall be in English. 
  

	bb)	Counterparts 

 This
Agreement has been executed in two (2) original copies. 
 Notwithstanding the above, this Agreement may be executed by the
parties in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same Agreement. 

 

	cc)	Confidentiality 

 This
Agreement including any Exhibits, other documents or data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under the Agreement shall be treated by both parties as confidential and shall not be released in
whole or in part to any third party except as may be required by law, or to professional advisors for the purpose of implementation hereof. 
 In particular, both parties agree: 
  

	 	-	not to make any press release concerning the whole or any part of the contents and/or subject matter hereof or of any future addendum hereto without the prior written
consent of the other party hereto. 

  

	 	-	that any and all terms and conditions of the transaction contemplated in this Agreement are strictly personal and exclusive to the Buyer, including in particular, but
not limited to, the Aircraft pricing (the “Personal Information”). The Buyer therefore agrees to enter into consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial
institutions, including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 Without prejudice to the foregoing, any disclosure of Personal Information to a Receiving Party shall be
subject to written agreement between the Buyer and the Seller, including in particular, but not limited to: 
  

	 	(i)	the contact details of the Receiving Party, 

  

	 	(ii)	the extent of the Personal Information subject to disclosure, 

  

	 	(iii)	the Aircraft pricing to be provided to the Receiving Party. 

  
 Clause 22
– Page 3/4 

 Furthermore, the Buyer shall use its best efforts to limit the disclosure of the contents
of this Agreement to the extent legally permissible in any filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure or filing, the Seller and the Buyer shall jointly
review and agree on the terms and conditions of the document to be filed or disclosed. 
 The provisions of this
Clause 22.10 shall survive any termination of this Agreement for a period of ***** 
 IN WITNESS WHEREOF this Agreement was entered
into the day and year first above written. 
  

									
	For and on behalf of	 	 	 	For and on behalf of
			
	 CONTROLADORA VUELA
 COMPANIA DE AVIACION, S. A. de C.V.
	 	 	 	AIRBUS S.A.S.
					
	 Name:
	 	/s/ Carlos Mendoza	 		 	Name:	 	/s/ Christian Scherer
	 Title:
	 	 Legal Representative
	 		 	Title:	 	 Senior Vice-President Transactions and
 Control Deputy Head of Commercial

					
	 Name:
	 	/s/ Luis Rubio	 		 		 	
	 Title:
	 	 Legal Representative
	 		 		 	

  
 Clause 22
– Page 4/4 

 EXHIBIT B 
 FORM OF SPECIFICATION CHANGE NOTICE 

  
 Exhibit B
– Page 1/1 

 EXHIBIT C 

 

	PART 1	AIRFRAME PRICE REVISION FORMULA 

  

	1.	Basic Price 

 The
Airframe Basic Price quoted in Clause 3.1 of the Agreement is subject to adjustment for changes in economic conditions as measured by data obtained from the US Department of Labor, Bureau of Labor Statistics, and in accordance with the
provisions hereof. 
  

	2.	Base Period 

 The
Airframe Basic Price has been established in accordance with the average economic conditions prevailing in ***** as defined by “ECIb” and “ICb” index values indicated hereafter. 

“ECIb” and “ICb” index values indicated herein shall not be subject to any revision. 

 

	3.	Indexes 

 Labor
Index: “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI SIC 3721W”, quarterly published by the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and found
in Table 6, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and occupational group”, or such other name that may be from time to time used for the
publication title and/or table, (Aircraft manufacturing, standard; industrial classification code SIC 3721, base month and year June 1989 = 100). 
 The quarterly value released for a certain month (March, June, September and December) shall be the one deemed to apply for the two preceding months. 

Index code for access on the Web site of the US Bureau of Labor Statistics: ECU28102i. 

Material Index: “Industrial commodities” (hereinafter referred to as “IC”) as published in
“Producer Price Indexes” (Table 6. Producer price indexes and percent changes for commodity groupings and individual items). 
 (Base Year 1982 = 100). 
 Index code for access on the Web site of the US Bureau
of Labor Statistics: WPU03THRU15. 
  

	4.	Revision Formula 

***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Exhibit C1
– Page 1/3 

	PART 1	AIRFRAME PRICE REVISION FORMULA 

 ***** 
  

	5.	General Provisions 

  

	5.1	Roundings 

 The Labor
Index average and the Material Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. 

Each quotient (ECIn/ECIb) and (ICn/ICb) shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five
(5) or more, the preceding decimal place shall be raised to the next higher figure. 
 The final factor shall be rounded to
the nearest ten-thousandth (4 decimals). 
 The final price shall be rounded to the nearest whole number (0.5 or more rounded to
1). 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Exhibit C1
– Page 2/3 

	PART 1	AIRFRAME PRICE REVISION FORMULA 

  

	5.2	Substitution of Indexes for Airframe Price Revision Formula 

 If; 
  

	 	(i)	the United States Department of Labor substantially revises the methodology of calculation of the Labor Index or the Material Index as used in the Airframe Price
Revision Formula, or 

  

	 	(ii)	the United States Department of Labor discontinues, either temporarily or permanently, such Labor Index or such Material Index, or 

 

	 	(iii)	the data samples used to calculate such Labor Index or such Material Index are substantially changed; 

the Seller and the Buyer shall select a substitute index for inclusion in the Airframe Price Revision Formula (the “Substitute
Index”). 
 The Substitute Index shall reflect as closely as possible the actual variance of the Labor Costs or of the
material costs used in the calculation of the original Labor Index or Material Index as the case may be. 
 As a result of the
selection of the Substitute Index, the Seller shall make an appropriate adjustment to the Airframe Price Revision Formula to combine the successive utilisation of the original Labor Index or Material Index (as the case may be) and of the Substitute
Index. 
  

	5.3	Final Index Values 

 The
Index values as defined in Clause 4 above shall be considered final and no further adjustment to the basic prices as revised at Delivery of the Aircraft shall be made after Aircraft Delivery for any subsequent changes in the published Index
values. 

  
 Exhibit C1
– Page 3/3 

	PART 2	INTERNATIONAL AERO ENGINES PRICE REVISION FORMULA 

  

	1.	Reference Price of the Engines 

 The Reference Price of a set of two (2) INTERNATIONAL AERO ENGINES V2522-A5 Engines is: 
 ***** 
 These Reference Prices are subject to adjustment for changes in economic
conditions as measured by data obtained from the US Department of Labor, Bureau of Labor Statistics, and in accordance with the provisions hereof. 
  

	2.	Reference Period  

The above Reference Prices have been established in accordance with the ***** as defined, according to INTERNATIONAL AERO ENGINES by the
ECIb and ICb index values indicated in Clause 4 of this Exhibit C. 
  

	3.	Indexes 

 Labor
Index: “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI SIC 3721W”, quarterly published by the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and found
in Table 6, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and occupational group”, or such other name that may be from time to time used for the
publication title and/or table (Aircraft manufacturing, standard industrial classification code SIC 3721, base month and year June 1989 = 100). 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Exhibit C2
– Page 1/3 

	PART 2	INTERNATIONAL AERO ENGINES PRICE REVISION FORMULA 

 The quarterly value released for a certain month ***** 
 Index code for access on
the Web site of the US Bureau of Labor Statistics: ECU28102i. 
 Material Index: “Industrial Commodities”
(hereinafter referred to as “IC”) as published in “PPI Detailed report” (found in Table 6. “Producer price indexes and percent changes for commodity groupings and individual items not seasonally adjusted” or such
other names that may be from time to time used for the publication title and/or table). (Base Year 1982 = 100). 
 Index code
for access on the Web site of the US Bureau of Labor Statistics: WPU03THRU15. 
  

	4.	Revision Formula 

***** 
  

	5.	General Provisions 

  

	5.1	Roundings 

  

	 	(i)	ECIn and ICn shall be calculated to the nearest tenth (1 decimal) 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Exhibit C2
– Page 2/3 

	PART 2	INTERNATIONAL AERO ENGINES PRICE REVISION FORMULA 

  

	 	(ii)	Each quotient (ECIn/ECIb) and (ICn/ICb) shall be calculated to the nearest ten-thousandth (4 decimals). 

 

	 	(iii)	The final factor shall be rounded to the nearest ten-thousandth (4 decimals), 

 If the next succeeding place is five (5) or more the preceding decimal place shall be raised to the nearest higher figure. 
 After final computation Pn shall be rounded to the nearest whole number (0.5 rounds to 1). 
  

	5.2	Final Index Values 

 The
revised Reference Price at the date of Aircraft Delivery shall be the final price and shall not be subject to any further adjustments in the indexes. 
 If no final index values are available for any of the applicable month, the then published preliminary figures shall be the basis on which the Revised Reference Price shall be computed. 

 

	5.3	Interruption of Index Publication 

 If the US Department of Labor substantially revises the methodology of calculation or discontinues any of the indexes referred to hereabove, the Seller shall reflect the substitute for the revised or
discontinued index selected by INTERNATIONAL AERO ENGINES, such substitute index to lead in application to the same adjustment result, insofar as possible, as would have been achieved by continuing the use of the original index as it may have
fluctuated had it not been revised or discontinued. 
 Appropriate revision of the formula shall be made to accomplish this
result, 
  

	5.4	Annulment of Formula 

 Should the above escalation provisions become null and void by action of the US Government, the price shall be adjusted due to increases in the costs of labor and material which have occurred from the
period represented by the applicable Reference Price Indexes to the Fifth (5th), Sixth(6th)
and Seventh (7th) months averaged prior to the
scheduled Aircraft Delivery. 
  

	5.5	Limitation 

 Should the
revised Reference Price be lower than the Reference Price, the final price shall be computed with the Reference Price. 

  
 Exhibit C2
– Page 3/3 

	PART 3	PROPULSION SYSTEMS PRICE REVISION FORMULA 

 CFM INTERNATIONAL 
  

	1.	Reference Price of the Propulsion Systems 

 The Reference Price of a set of CFM INTERNATIONAL Engines CFM 56-5B5/P. excluding nacelles and thrust reversers is: 
 ***** 
 These Reference Prices are subject to adjustment for changes in economic
conditions as measured by data obtained from the US Department of Labor, Bureau of Labor Statistics and in accordance with the provisions of Clauses 4 and 5 of this part 3 of Exhibit C. 

 

	2.	Reference Period 

The above Reference Prices have been established in accordance with the ***** as defined by CFM INTERNATIONAL by the Reference Composite
Price Index (CPIb) of ***** 
  

	3.	Indexes 

 Labor
Index: “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI SIC 3721W”, quarterly published by the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and found
in Table 6, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and occupational group”, or such other name that may be from time to time used for the
publication title and/or table, (Aircraft manufacturing, standard industrial classification code SIC 3721, base month and year June 1989 = 100.) 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Exhibit C3
– Page 1/3 

	PART 3	PROPULSION SYSTEMS PRICE REVISION FORMULA 

 CFM INTERNATIONAL 
 The quarterly value released for a certain month *****

 Index code for access on the Web site of the US Bureau of Labor Statistics: ECU28102i. 

Material Index: “Industrial Commodities” (hereinafter referred to as “IC”) as published in “PPI
Detailed report” (found in Table 6. “Producer price indexes and percent changes for commodity groupings and individual items not seasonally adjusted or such other names that may be from time to time used for the publication title and/or
table). (Base Year 1982 = 100). 
 Index code for access on the Web site of the US Bureau of Labor Statistics: WPU03THRU15.

  

	4.	Revision Formula 

 *****

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit C3
– Page 2/3 

	PART 3	PROPULSION SYSTEMS PRICE REVISION FORMULA 

 CFM INTERNATIONAL 
  

	5.	General Provisions 

  

	5.1	Roundings 

  

	 	(i)	The Material index average (ICn) shall be rounded to the nearest second decimal place and the labor index average (ECIn) shall be rounded to the nearest first decimal
place: 

  

	 	(ii)	CPIn shall be rounded to the nearest second decimal place. 

  

	 	(iii)	The final factor (CPIn/148:84) shall be rounded to the nearest third decimal place. 

If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. 

After final computation Pn shall be rounded to the nearest whole number (0.5 rounds to 1). 

 

	5.2	Final Index Values 

 The
revised Reference Price at the date of Aircraft Delivery shall not be subject to any further adjustments in the indexes: 
  

	5.3	Interruption of Index Publication 

 If the US Department of Labor substantially revises the methodology of calculation or discontinues any to these indexes referred to hereabove, the Seller shall reflect the substitute for the revised or
discontinued index selected by CFM INTERNATIONAL, such substitute index to lead in application to the same adjustment result, insofar as possible, as would have been achieved by continuing the use of the original index as it may have fluctuated had
it not been revised or discontinued. 
 Appropriate revision of the formula shall be made to accomplish this result. 

 

	5.4	Annulment of Formula 

Should the above escalation provisions become null and void by action of the US Government, the Reference Price shall be *****

  

	5.5	Limitations 

 Should the
***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Exhibit C3
– Page 3/3 

 EXHIBIT D 

CERTIFICATE OF ACCEPTANCE 

In accordance with the terms of the A 320 Family Purchase Agreement dated 28th October 2005 and made between CONCESIONARIA VUELA
COMPAÑÍA DE AVIACIÓN, S.A. de C.V and AIRBUS S.A.S., as amended (the “Purchase Agreement”), the acceptance tests relating to the A 319-100 aircraft, Manufacturer’s Serial Number: [ ], Registration Marks: [
] (the “Aircraft”), have taken place at Blagnac (or Hamburg) Works on the [ ] day of [ ]. 
 In view of said tests having been
carried out with satisfactory results, CONCESIONARIA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V hereby approves the Aircraft as being in conformity with the provisions of the Purchase Agreement. 

Said acceptance does not impair the rights that may be derived from the warranties relating to the Aircraft set forth in the Purchase Agreement.

 Any right at law or otherwise to revoke this acceptance of the Aircraft is hereby waived. 

The [         ] day of [         ] 

CONCESIONARIA VUELA 
 COMPAÑÍA DE
AVIACIÓN, S. A. de C.V 
 By: 

Its: 

  
 Exhibit D Page
1/1 

 EXHIBIT E 

BILL OF SALE 

Know all men by these presents that Airbus S.A.S. (the “Seller”), a “société par actions
simplifiée” existing under French law and whose address is 1 rond-point Maurice Bellonte, 31707 Blagnac Cedex, FRANCE, this [ ] 2006, is the owner of the title to the following airframe (the “Airframe”), the engines
as specified (the “Engines”) and all appliances, components, parts, instruments, accessories, furnishings, modules and other equipment of any nature, excluding Buyer Furnished Equipment (“BFE”), incorporated
therein, installed thereon or attached thereto on the date hereof (the “Parts”): 
  

			
	AIRFRAME:	  	ENGINES:
		
	AIRBUS Model A319-100	  	International Aero Engine Model V2522-A5
		
	MANUFACTURER’S	  	ENGINE SERIAL NUMBERS:
	SERIAL NUMBER: [    ]	  	LH: [    ]
		  	RH: [    ]
		
	REGISTRATION MARKS: [    ]	  	

 and has such title to the BFE as was acquired by it from CONCESIONARIA VUELA COMPAÑÍA DE AVIACIÓN,
S.A. de C.V as confirmed in a bill of sale dated [    ] (the “BFE Bill of Sale”). 
 The Airframe, Engines
and Parts are hereafter together referred to as the Aircraft (the “Aircraft”). 
 The Seller confirms that it did this [ ] day
of [    ] sell, transfer and deliver all of its above described rights, title and interest to the Aircraft and the BFE to the following company and to its successors and assigns forever, said Aircraft to be the property thereof:

 CONCESIONARIA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V 

The Seller hereby warrants to the Buyer, its successors and assigns that it had this day (i) good and lawful right to sell, deliver and transfer
title to the Aircraft to the Buyer and that there was conveyed to the Buyer good, legal and valid title to the Aircraft, free and clear of all liens, claims, charges, encumbrances and rights of others and that the Seller will warrant and defend such
title forever against all claims and demands whatsoever and (ii) such title to the BFE as Seller has acquired from CONCESIONARIA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V pursuant to the BFE Bill of Sale: 

This Bill of Sale shall be governed by and construed in accordance with the laws of France. 
 IN WITNESS WHEREOF, the undersigned has caused this instrument to be executed by its duly authorized representative this
                     day of [    ] 2006. 

  
 Exhibit E Page
1/2 

 AIRBUS S.A.S: 
 By: 
 Title: 
 Signature: 

  
 Exhibit E Page
2/2 

 EXHIBIT F 

EXHIBIT F 
 SERVICE LIFE POLICY 
 ITEMS OF PRIMARY STRUCTURE 

  
 Exhibit F
– Page 1/4 

 SELLER SERVICE LIFE POLICY 

 

	1.	The Items covered by the Service Life Policy pursuant to Clause 12.2 are those Seller Items of primary and auxiliary structure described hereunder:

  

	2.	WINGS—CENTER AND OUTER WING BOX (LEFT AND RIGHT) 

  

	2.1	Wing Structure 

  

	2.1.1	Spars 

  

	2.1.2	Ribs and stringers inside the wing box 

  

	2.1.3	Upper and lower wing skin panels of the wing box 

  

	2.2	Fittings 

  

	2.2.1	Support structure and attachment fittings for the flap structure 

  

	2.2.2	Support structure and attachment fitting for the engine pylons 

  

	2.2.3	Support structure and attachment fitting for the main landing gear 

  

	2.2.4	Support structure and attachment fitting for the center wing box 

  

	2.3	Auxiliary Support Structure 

  

	2.3.1	For the slats: 

  

	2.3.1.1	Ribs supporting the track rollers on wing box structure 

  

	2.3.1.2	Ribs supporting the actuators on wing box structure 

  

	2.3.2	For the ailerons: 

  

	2.3.2.1	Hinge brackets and ribs on wing box rear spar or shroud box 

  

	2.3.2.2	Actuator fittings on wing box rear spar or shroud box 

  

	2.3.3	For airbrakes, spoilers, lift dumpers: 

  

	2.3.3.1	Hinge brackets and ribs on wing box rear spar or shroud box 

  

	2.3.3.2	Actuator fittings on wing box rear spar or shroud box 

  

	2.4	Pylon 

  

	2.4.1	For the Pylon Main Structural Box 

  

	2.4.1.1	Spars 

  
 Exhibit F
– Page 2/4 

	2.4.1.2	Ribs 

  

	2.4.1.3	Skin, doublers and stiffeners 

  

	2.4.1.4	Support structure and attachment fitting for engine supports 

  

	3.	FUSELAGE 

  

	3.1	Fuselage structure 

  

	3.1.1	Fore and aft bulkheads 

  

	3.1.2	Pressurized floors and bulkheads surrounding the main and nose gear wheel well and center wing box 

 

	3.1.3	Skins with doublers, stringers and frames from the forward pressure bulkheads to the frame supporting the rear attachment of horizontal stabilizer

  

	3.1.4	Window and windscreen attachment structure but excluding transparencies 

  

	3.1.5	Passenger and cargo doors internal structure 

  

	3.1.6	Sills, excluding scuff plates, and upper beams surrounding passenger and cargo door apertures 

 

	3.1.7	Cockpit floor structure and passenger cabin floor beams excluding floor panels and seat rails 

 

	3.1.8	Keel beam structure 

  

	3.2	Fittings 

  

	3.2.1	Landing gear support structure and attachment fitting 

  

	3.2.2	Support structure and attachment fittings for the vertical and horizontal stabilizers 

 

	3.2.3	Support structure and attachment fitting for the APU 

  

	4.	STABILIZERS 

  

	4.1	Horizontal Stabilizer Main Structural Box 

  

	4.1.1	Spars 

  

	4.1.2	Ribs 

  

	4.1.3	Upper and lower skins and stringers 

  

	4.1.4	Support structure and attachment fitting to fuselage and trim screw actuator 

  
 Exhibit F
– Page 3/4 

	4.1.5	Elevator support structure 

  

	4.1.5.1	Hinge bracket 

  

	4.1.5.2	Servo control attachment brackets 

  

	4.2	Vertical Stabilizer Main Structural Box 

  

	4.2.1	Spars 

  

	4.2.2	Ribs 

  

	4.2.3	Skins and stringers 

  

	4.2.4	Support structure and attachment fitting to fuselage 

  

	4.2.5	Rudder support structure 

  

	4.2.5.1	Hinge brackets 

  

	4.2.5.2	Servocontrol attachment brackets 

  

	5.	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit F
– Page 4/4 

 EXHIBIT G 

EXHIBIT G 
 TECHNICAL DATA INDEX 

  
 Exhibit G
– Page 1/14 

 TECHNICAL DATA INDEX 
 Where applicable data will be established in general compliance with ATA Specification 2200 (iSpec2200), Information Standards for Aviation Maintenance (Revision 2003). 

The following index identifies the Technical Data provided in support of the Aircraft. 
 The explanation of the table is as follows: 
  

			
	 NOMENCLATURE
	  	Self-explanatory.
		
	 ABBREVIATED DESIGNATION (Abbr)
	  	Self-explanatory.
		
	 AVAILABILITY (Avail)
	  	

 Technical Data can be available: 
  

	-	ON-LINE (ON) through the relevant Service on Airbus Customer Portal, and / or 

 

	-	OFF-LINE (OFF) through the most suitable means applicable to the size of the concerned document (e.g.; CD or DVD). 

FORMAT (Form) 
 Following Data formats
can be used: 
  

	-	SGML—Standard Generalized Mark-up Language: which allows further data processing by the Buyer. 

 

	-	XML—Evolution of the SGML format to cope with WEB technology requirements. 

 

	-	PDF (PDF)—Portable Document Format allowing data consultation. 

  

	-	Advanced Consultation Tool—refers to Technical Data Consultation application that offers advanced consultation & navigation functionality compared with
PDF: Both browser software & Technical Data are packaged together. 

  

	-	P1 / P2, refers to manuals printed on one side, or both sides of the sheet. 

 

	-	CD-P—refers to CD-Rom including Portable Document Format (PDF) Data. 

  
 Exhibit G
– Page 2/14 

 TYPE    C   CUSTOMIZED. Refers to manuals that are applicable to an
individual Airbus customer/operator fleet or aircraft. 
               G
  GENERIC: Refers to manuals that are applicable for all Airbus aircraft types/models/series. 

              E   ENVELOPE. Refers to manuals that are applicable to a
whole group of Airbus customers for a 

                    specific aircraft
type/model/series. 
  

			
	 QUANTITY (Qty)
	  	Self-explanatory for physical media.
		
	 DELIVERY (Deliv)
	  	 Delivery refers to scheduled delivery dates and is expressed in either the number of corresponding days prior to first Aircraft
delivery, or nil (0) corresponding to the first delivery day.
  
 The
number of days indicated shall be rounded up to the next regular revision release date.

  
 Exhibit G
– Page 3/14 

															
	 NOMENCLATURE
	  	 Abbr
	  	 Avail
	  	 Form
	  	 Type
	  	 Qty
	  	 Deliv
	  	 Comments

	OPERATIONAL MANUALS AND DATA
								
	Flight Crew Operating Manual	  	FCOM	  	OFF	  	P2	  	C	  	*****	  	*****	  	Per crew quantity / Plus one copy per Aircraft at Delivery
								
		  	FCOM	  	OFF	  	CD-P	  	C	  	*****	  	*****	  	PDF is fallback solution to paper for on-ground consultation only
								
		  	FCOM	  	ON	  	Advanced Consultation Tool	  	C	  	*****	  	*****	  	
								
		  	FCOM	  	OFF	  	Advanced Consultation Tool on C	  	C	  	*****	  	*****	  	FCOM Module including OEB & TR download consultation
								
		  	FCOM	  	OFF	  	SGML	  	C	  	*****	  	*****	  	SGML shall be used to process Buyer’s own FCOM for delivery to flight crew Applicable for SA and LR Aircraft.
								
	Flight Crew Training Manual	  	FCTM	  	OFF	  	CD-P	  	C	  	*****	  	*****	  	FCTM is a supplement to FCOM / a “Pilot’s guide” for use in training and in operations
								
		  	FCTM	  	OFF	  	XML	  	C	  	*****	  	*****	  	XML data for further processing/customization by the Buyer
								
	Flight Manual	  	FM	  	OFF	  	P2	  	C	  	*****	  	*****	  	Plus one copy per Aircraft at Delivery
								
	Master Minimum Equipment List	  	MMEL	  	OFF	  	P2	  	C	  	*****	  	*****	  	Per crew quantity / Plus one copy per Aircraft at Delivery
								
		  	MMEL	  	OFF	  	CD-P	  	C	  	*****	  	*****	  	PDF CD is fallback solution to paper for on-ground consultation only (For Temporary Revisions & OEB’s, refer to paper)
								
		  	MMEL	  	OFF	  	SGML	  	C	  	*****	  	*****	  	Applicable for SA and LR Aircraft. SGML data, including Parts 1 and 2, for further processing by the Buyer. Recommended for issue of MEL by using the ADOC Starter Pack (for
conversion of SGML Data to e.g. Framemaker or MS Word RTF format)
								
	Quick Reference Handbook (if required by Airworthiness Authorities)	  	QRH	  	OFF	  	P2 CD-P	  	C	  	*****	  	*****	  	Per crew quantity / Plus one copy per Aircraft at Delivery
								
	Trim Sheet	  	TS	  	OFF	  	Word Doc	  	C	  	*****	  	*****	  	Office Automation format (.doc) for further processing by the Buyer

 WB = Wide Body: A310/A300-600 SA = Single Aisle: A318/A319 / A320/A321 1 LR = Long Range: A330 / A340 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
4/14 

															
	 NOMENCLATURE
	  	 Abbr
	  	 Avail
	  	 Form
	  	 Type
	  	 Qty
	  	 Deliv
	  	 Comments

	OPERATIONAL MANUALS AND DATA (Cont’d)
								
	Weight and Balance Manual	  	WBM	  	OFF	  	P1CD-P	  	 C
  

C
	  	 *****
  

*****
	  	 *****
  

*****
	  	Fleet customized WBM for reference in central Library (*) plus one copy per Aircraft at Delivery. For the WBM the flight deck copy is an advance copy only of the
customized manual, not subject to revision or updating. Weighing Equipment List delivered two weeks after Aircraft Delivery
		  		  		  		  	  	  	  
								
	Performance Engineer’s Programs	  	PEP	  	ON	  	Advanced Consultation Tool	  	C	  	*****	  	*****	  	
								
		  	PEP	  	OFF	  	Advanced Consultation Tool on CD	  	C	  	*****	  	*****	  	
								
	Performance Programs Manual	  	PPM	  	OFF	  	Advanced Consultation Tool on CD	  		  	*****	  	*****	  	Included in the PEP CD

  

															
	 NOMENCLATURE
	  	 Abbr
	  	 Avail
	  	 Form
	  	 Type
	  	 *****
	  	 *****
	  	 Comments

	MAINTENANCE AND ASSOCIATED MANUALS	  	
	AirN@v, including: Aircraft Maintenance Manual Illustrated Parts Catalog (Airframe) Trouble Shooting Manual Aircraft Schematics Manual Aircraft Wiring Lists Aircraft
Wiring Manual Electrical Standard Practices Manual Consumable Material List Standards Manual	  	AirN@v	  	ON	  	Advanced Consultation Tool	  	C	  	*****	  	*****	  
	  	  
 AirN@v
	  	  
 OFF
	  	  
 Advanced Consultation Tool on DVD
	  	  
 C
	  	  
 *****
	  	  
 *****
	  	  
 Recommended basic delivery quantity

								
	Technical Follow-up	  	TFU	  	OFF	  	CD-P	  	E	  	N/A	  	90	  	TFU for Trouble shooting & maintenance, to be used with AirN@v

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
5/14 

															
	 NOMENCLATURE
	  	 Abbr
	  	 Avail
	  	 Form
	  	 Type
	  	 Qty
	  	 Deliv
	  	 Comments

	 MAINTENANCE AND ASSOCIATED MANUALS (Cont’d)

								
	 Aircraft Maintenance Manual
	  	AMM	  	ON	  	PDF	  	C	  	*****	  	*****	  	
								
		  	AMM	  	OFF	  	CD-P	  	C	  	*****	  	*****	  	Fallback solution to AirN@v
								
		  	AMM	  	OFF	  	SGML	  	C	  	*****	  	*****	  	Applicable for SA and LR Aircraft. If selected by the Buyer, SGML format will not be automatically supplied. Effective delivery will only take place upon explicit request from
the Buyer (Graphics in TIFF or CGM, to be specified).
								
	 Aircraft Schematics Manual
	  	ASM	  	ON	  	PDF	  	C	  	*****	  	*****	  	
								
		  	ASM	  	OFF	  	CD-P	  	C	  	*****	  	*****	  	Fallback solution to AirN@v
								
		  	ASM	  	OFF	  	SGML	  	C	  	*****	  	*****	  	Applicable for SA and LR Aircraft. If selected by the Buyer, SGML format will not be automatically supplied. Effective delivery will only take place upon explicit request from
the Buyer (Graphics in TIFF or CGM, to be specified).
								
	 Aircraft Wiring List
	  	AWL	  	ON	  	PDF	  	C	  	*****	  	*****	  	
								
		  	AWL	  	OFF	  	CD-P	  	C	  	*****	  	*****	  	Fallback solution to AirN@v
								
		  	AWL	  	OFF	  	SGML	  	C	  	*****	  	*****	  	Applicable for SA and LR Aircraft. If selected by the Buyer, SGML format will not be automatically supplied. Effective delivery will only take place upon explicit request from
the Buyer (Graphics in TIFF or CGM, to be specified).
								
	 Aircraft Wiring Manual
	  	AWM	  	ON	  	PDF	  	C	  	*****	  	*****	  	
								
		  	AWM	  	OFF	  	CD-P	  	C	  	*****	  	*****	  	Fallback solution to AirN@v
								
		  	AWM	  	OFF	  	SGML	  	C	  	*****	  	*****	  	Applicable for SA and LR Aircraft. If selected by the Buyer, SGML format will not be automatically supplied Effective delivery will only take place upon explicit request from the
Buyer (Graphics in TIFF or CGM, to be specified).
								
	 Component Location Manual
	  	CLM	  	ON	  	PDF	  	C	  	*****	  	*****	  	For SA and LR Aircraft
								
		  	CLM	  	OFF	  	CD-P	  	C	  	*****	  	*****	  	

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
6/14 

															
	 NOMENCLATURE
	  	 Abbr
	  	 Avail
	  	 Form
	  	 Type
	  	 Qty
	  	 Deliv
	  	 Comments

	 MAINTENANCE AND ASSOCIATED MANUALS (Cont’d)

								
	 Consumable Material List
	  	CML	  	ON	  	PDF	  	G	  	*****	  	*****	  	
								
		  	CML	  	OFF	  	CD-P	  	G	  	*****	  	*****	  	Fallback solution to AirN@v.
								
		  	CML	  	OFF	  	SGML	  	G	  	*****	  	*****	  	If selected by the Buyer, SGML format will not be automatically supplied. Effective delivery will only take place upon explicit request from the Buyer
								
	 Duct Repair Manual
	  	DRM	  	ON	  	PDF	  	G	  	*****	  	*****	  	
								
		  	DRM	  	OFF	  	CD-P	  	G	  	*****	  	*****	  	
								
	 Ecam System Logic Data
	  	ESLD	  	ON	  	PDF	  	E	  	*****	  	*****	  	For SA & LR aircraft
								
		  	ESLD	  	OFF	  	CD-P	  	E	  	*****	  	*****	  	
								
	 Electrical Load Analysis
	  	ELA	  	OFF	  	PDF/RTF/ Excel	  	C	  	*****	  	*****	  	 One ELA supplied for each Aircraft, delivered one month after Aircraft Delivery

PDF File + Office automation format RTF & Excel file delivered on one single CD for ELA updating by the Buyer

								
	 Electrical Standard Practices Manual
	  	ESPM	  	ON	  	PDF	  	G	  	*****	  	*****	  	
								
		  	ESPM	  	OFF	  	CD-P	  	G	  	*****	  	*****	  	Fallback solution to AirN@v
								
		  	ESPM	  	OFF	  	SGML	  	G	  	*****	  	*****	  	 If selected by the Buyer, SGML format will not be automatically supplied
 Effective delivery will only take place upon explicit request from the Buyer (Graphics format in TIFF or CGM, to be specified):

								
	 Electrical Standard Practices booklet
	  	ESP	  	OFF	  	P2*	  	G	  	*****	  	*****	  	*Pocket size format booklets for ground mechanics
								
	 Flight Data Recording Parameter Library
	  	FDRPL	  	OFF	  	Advanced Consultation Tool on CD	  	E	  	*****	  	*****	  	For WB ( A310 & A300-600), SA & LR aircraft
								
	 Fuel Pipe Repair Manual
	  	FPRM	  	ON	  	PDF	  	G	  	*****	  	*****	  	
								
		  	FPRM	  	OFF	  	CD-P	  	G	  	*****	  	*****	  	

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
7/14 

															
	 NOMENCLATURE
	  	Abbr	  	Avail	  	Form	  	Type	  	Qty	 	Deliv	 	 Comments

	 MAINTENANCE AND ASSOCIATED MANUALS (Cont’d)

								
	Illustrated Parts Catalog (Airframe)	  	IPC	  	ON	  	PDF	  	C	  	*****	 	*****	 	
								
		  	IPC	  	OFF	  	CD-P	  	C	  	*****	 	*****	 	Fallback solution to AirN@v
								
		  	IPC	  	OFF	  	SGML	  	C	  	*****	 	*****	 	Applicable for SA and LR Aircraft. If selected by the Buyer, SGML format will not be automatically supplied. Effective delivery will only take place upon explicit request from the
Buyer (Graphics in TIFF or CGM, to be specified).
								
	Illustrated Parts Catalog (Powerplant)	  	PIPC	  	ON	  	PDF	  	C	  	*****	 	*****	 	
								
		  	PIPC	  	OFF	  	CD-P	  	C	  	*****	 	*****	 	Integrated in the SA aircraft IPC for IAE V2500 A1/A3 Engines. Integrated in the LR A340-500/-600 aircraft IPC for RR Trent 500 Engines. For other Aircraft and engine types,
supplied by Propulsion Systems Manufacturer concurrently with the Airframe IPC.
								
	Maintenance Planning Document	  	MPD	  	ON	  	PDF	  	E	  	*****	 	*****	 	Includes 3 files : PDF, Excel and Text File
								
		  	MPD	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	
								
	Maintenance Review Board Report	  	MRBR	  	ON	  	PDF	  	E	  	*****	 	*****	 	MRB Report document includes the Certification Maintenance Requirements (CMR) and Airworthiness Limitation Items (ALI) documents.
								
		  	MRBR	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	
								
	Support Equipment Summary / SES Tool and Equipment Index / TEI Illustrated Tool and Equipment Manual / TEM	  	STT	  	ON	  	PDF	  	G	  	*****	 	*****	 	
								
		  	STT	  	OFF	  	CD-P	  	G	  	*****	 	*****	 	SES, TEI & TEM are grouped on a single CD
								
	Tool & Equipment Bulletins	  	TEB	  	OFF	  	P2	  	E	  	*****	 	*****	 	
								
	Tool and Equipment Drawings	  	TED	  	ON	  	Advanced
Consultation
Tool	  	E	  	*****	 	*****	 	On-line Consultation from Engineering Drawings Service

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
8/14 

															
	 NOMENCLATURE
	  	Abbr	  	Avail	  	Form	  	Type	  	Qty	 	Deliv	 	 Comments

	 MAINTENANCE AND ASSOCIATED MANUALS (Cont’d)

								
	Engineering Documentation Combined Index, including: Airworthiness Directives / AD Consignes de Navigabilite / CN (French DGAC) All Operator Telex / AOT Operator
Information Telex / OIT Flight Operator Telex / FOT Modification / MOD Modification Proposal / MP Service Bulletin / SB Service information Letter / SIL Technical Follow-Up / TFU Vendor Service Bulletin / VSB	  	EDCI	  	ON	  	Advanced
Consultation
Tool	  	C	  	*****	 	*****	 	
	  	EDCI	  	OFF	  	Advanced
Consultation
Tool on
DVD	  	C	  	*****	 	*****	 	Outstations with no On-Line connection to Airbus Customer Portal to be supplied with one DVD set
								
	Trouble Shooting Manual	  	TSM	  	ON	  	PDF	  	C	  	*****	 	*****	 	
								
		  	TSM	  	OFF	  	CD-P	  	C	  	*****	 	*****	 	Fallback solution to AirN@v
								
		  	TSM	  	OFF	  	SGML	  	C	  	*****	 	*****	 	 Applicable for SA and LR Aircraft.
 If selected by the Buyer, SGML format will not be automatically supplied. Effective delivery will only take place upon explicit request from the Buyer

Graphics in TIFF or CGM format to be specified

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
9/14 

															
	 NOMENCLATURE
	  	Abbr	  	Avail	  	Form	  	Type	  	Qty	 	Deliv	 	 Comments

	 STRUCTURAL MANUALS

								
	 Nondestructive Testing Manual
	  	NTM	  	ON	  	PDF	  	E	  	*****	 	*****	 	
								
		  	NTM	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	
								
		  	NSRM	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	
								
	 Structural Repair Manual
	  	SRM	  	ON	  	PDF	  	E	  	*****	 	*****	 	
								
		  	SRM	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	
								
		  	SRM	  	OFF	  	SGML	  	E	  	*****	 	*****	 	Applicable for SA and LR Aircraft. If selected by the Buyer, SGML format will not be automatically supplied. Effective delivery will only take place upon explicit request from the
Buyer Graphics format in TIFF or CGM to be specified

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
10/14 

															
	 NOMENCLATURE
	  	Abbr	  	Avail	  	Form	  	Type	  	Qty	 	Deliv	 	 Comments

	 OVERHAUL DATA

								
	Component Documentation Status	  	CDS	  	OFF	  	D	  	C	  	*****	 	*****	 	*****
								
	Component Evolution List	  	CEL	  	ON	  	PDF	  	G	  	*****	 	*****	 	
								
		  	CEL	  	OFF	  	CD-P	  	G	  	*****	 	*****	 	Delivered as follow-on for CDS.
								
	Component Maintenance Manual — Manufacturer	  	CMMM	  	ON	  	PDF	  	E	  	*****	 	*****	 	
								
		  	CMMM	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	
								
	Component Maintenance Manual — Vendor	  	CMMV	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	PDF on CD to be provided by Vendors. If more than one Airbus aircraft type in operation with the Buyer, dispatch of the “common” CMMV only
								
		  	CMMV	  	ON	  	PDF	  	E	  	*****	 	*****	 	Available from the “Suppliers Technical Manuals “ Service in the Airbus Customer Portal

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
11/14 

															
	 NOMENCLATURE
	  	Abbr	  	Avail	  	Form	  	Type	  	Qty	 	Deliv	 	 Comments

	 ENGINEERING DOCUMENT

								
	Installation and Assembly Drawings (mechanical)	  	IAD	  	ON	  	Advanced
Consultation
Tool	  	C	  	*****	 	*****	 	On-line Consultation from Engineering Drawings Service in Airbus Customer Portal
								
	Parts Usage (Effectivity)	  	PU	  	ON	  	Advanced
Consultation
Tool	  	C	  	*****	 	*****	 	On-line Consultation from Engineering Drawings Service in Airbus Customer Portal
								
	Parts List	  	PL	  	ON	  	Advanced
Consultation
Tool	  	C	  	*****	 	*****	 	On-line Consultation from Engineering Drawings Service in Airbus Customer Portal
								
	Standards Manual	  	SM	  	ON	  	PDF	  	G	  	*****	 	*****	 	
								
		  	SM	  	OFF	  	CD-P	  	G	  	*****	 	*****	 	Fallback solution to AirN@v
								
		  	SM	  	OFF	  	SGML	  	G	  	*****	 	*****	 	 If selected by the Buyer, SGML format will not be automatically supplied.
 Effective delivery will only take place upon explicit request from the Buyer

								
	Process and Material Specification	  	PMS	  	ON	  	PDF	  	G	  	*****	 	*****	 	
								
		  	PMS	  	OFF	  	CD-P	  	G	  	*****	 	*****	 	

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
12/14 

															
	 NOMENCLATURE
	  	Abbr	  	Avail	  	Form	  	Type	  	Qty	 	Deliv	 	 Comments

	 MISCELLANEOUS PUBLICATIONS

								
	Airplane Characteristics for Airport Planning / AC Maintenance Facility Planning / MFP Ground Support Equipment Vendor Information Manual / GSE VIM	  	AMVG	  	ON	  	PDF	  	E	  	*****	 	*****	 	Available On-Line from the Airbus Customer Portal
	  	  
 AMVG
	  	  
 OFF
	  	  
 CD-P
	  	  
 E
	  	  
 *****
	 	  
 *****
	 	  
 AC, MFP and GSE VIM are grouped on one single CD/ Back-up set to
On-Line access

								
	ATA Index	  	ATI	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	
								
	CADETS (Technical Publications Training)	  	CADETS	  	OFF	  	Advanced
Consultation
Tool on CD	  	G	  	*****	 	*****	 	
								
	Aircraft Recovery Manual	  	ARM	  	ON	  	PDF	  	E	  	*****	 	*****	 	
								
		  	ARM	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	
								
	Aircraft Rescue & Firefighting Chart	  	ARFC	  	ON	  	PDF	  	E	  	*****	 	*****	 	Available On-Line from the Airbus Customer Portal
								
	Crash Crew Chart	  	CCC	  	OFF	  	P1	  	E	  	*****	 	*****	 	
								
	Cargo Loading System Manual	  	CLS	  	ON	  	PDF	  	E	  	*****	 	*****	 	
								
		  	CLS	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	One CLS per delivered Aircraft CLS is Envelope (E) for SA and LR aircraft and Customized for WB aircraft
								
	List of Applicable Publications	  	LAP	  	OFF	  	PDF	  	C	  	*****	 	*****	 	
								
	List of Radioactive and Hazardous Elements	  	LRE	  	ON	  	PDF	  	G	  	*****	 	*****	 	
								
		  	LRE	  	OFF	  	CD-P	  	G	  	*****	 	*****	 	
								
	Livestock Transportation Manual	  	LTM	  	ON	  	PDF	  	E	  	*****	 	*****	 	
								
		  	LTM	  	OFF	  	CD-P	  	E	  	*****	 	*****	 	*****
								
	Service Bulletins	  	SB	  	ON	  	Advanced
Consultation
Tool	  	C	  	*****	 	*****	 	Full content available from the Airbus Customer Portal/ SB Index available from EDCI on DVD
								
		  	SB	  	OFF	  	CD-P	  	C	  	*****	 	*****	 	One CD per SB issued and/or revised

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
13/14 

															
	 NOMENCLATURE
	  	Abbr	  	Avail	  	Form	  	Type	  	Qty	 	Deliv	 	 Comments

	 MISCELLANEOUS PUBLICATIONS

								
	Supplier Product Support Agreements 2000	  	SPSA	  	ON	  	PDF	  	G	  	*****	 	*****	 	Based on General Conditions of Purchase (GCP) 2000 issue 5
								
		  	SPSA	  	OFF	  	CD-P	  	G	  	*****	 	*****	 	
								
	Transportability Manual	  	TM	  	OFF	  	CD-P	  	G	  	*****	 	*****	 	
								
	Vendor Information Manual	  	VIM	  	ON	  	Advanced
Consultation
Tool	  	G	  	*****	 	*****	 	
								
		  	VIM	  	OFF	  	Advanced
Consultation
Tool on CD	  	G	  	*****	 	*****	 	

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit G Page
14/14 

 EXHIBIT H 

EXHIBIT “H” 
 MATERIAL 
 SUPPLY AND SERVICES 

  
 Exhibit H Page
1/24 

	1.	GENERAL 

  

	1.1	This Exhibit defines the terms and conditions for the material support services offered by the Seller to the Buyer in the following areas:

  

	 	-	Initial provisioning of data and material 

  

	 	-	Replenishment of material 

  

	 	-	Lease of certain Seller Parts 

  

	1.1.1	Capitalized terms used herein and not otherwise defined in this Exhibit “H” shall have the same meanings assigned thereto in the Agreement.

  

	1.1.2	References made to Clauses or sub-Clauses shall refer to Clauses or sub-Clauses of this Exhibit “H” unless otherwise specified. 

 

	1.2	Scope of Material Support 

Material is classified into the following categories (hereinafter referred to as “Material”): 

 

	 	(i)	Seller Parts (Seller’s proprietary Material bearing an official part number of the Seller or Material for which the Seller has the exclusive sales rights);

  

	 	(ii)	Supplier Parts classified as Repairable Line Maintenance Parts in accordance with SPEC 2000; 

 

	 	(iii)	Supplier Parts classified as Expendable Line Maintenance Parts in accordance with SPEC 2000; 

 

	 	(iv)	Ground Support Equipment and Specific (To Type) Tools. 

  

	1.2.1	Certain Seller Parts listed in Appendix A of Clause 6 are available for lease by the Seller to the Buyer. 

 

	1.2.2	The Material support to be provided hereunder by the Seller covers items classified as Material in sub-Clauses 1.2(i) thru (iv) both for initial provisioning as
described in Clause 2 (“Initial Provisioning”) and for replenishment as described in Clause 3. 

 Repairable Line Maintenance Parts as specified in sub-Clauses 1.2(i) and 1.2(ii) above having less than fifty (50) flight-hours are considered as new. 

 

	1.2.3	Propulsion Systems, nacelles, quick engine change kit and thrust reverser accessories and parts, including associated parts, are not covered under this Exhibit
“H” and shall be subject to direct agreements between the Buyer and the relevant Propulsion System Manufacturer. The Seller shall use its reasonable efforts to assist the Buyer in case of any difficulties with availability of Propulsion
Systems and associated spare parts. 

  
 Exhibit H Page
2/24 

	1.2.4	During a period commencing on the date hereof and continuing for ***** (the “Term”), the Seller shall maintain or have maintained such stock of Seller
Parts as is deemed reasonable by the Seller and shall furnish at reasonable prices Seller Parts adequate to meet the Buyer’s needs for maintenance of the Aircraft. 

The Seller shall use its reasonable efforts to obtain a similar service from all Suppliers of parts which are originally installed on the
Aircraft and not manufactured by the Seller. 
  

	1.3	Airbus Spares Support and Services Headquarter 

  

	1.3.1	The Seller has established its Airbus Spares Support Centre in HAMBURG, FEDERAL REPUBLIC OF GERMANY (“Airbus Spares Support Centre”) and shall maintain
or cause to be maintained during the Term a central store of Seller Parts. 

  

	1.3.2	The Airbus Spares Support Centre is operated twenty-four (24) hours/day and seven (7) days/week. 

 

	1.3.3	The Seller reserves the right to effect deliveries from distribution centres other than Airbus Spares Support Centre or from any designated production or
Suppliers’ facilities: 

 For efficient and convenient deliveries, the Seller and its Affiliate companies
operate regional satellite stores. 
  

	1.4	Agreements of the Buyer 

  

	1.4.1	The Buyer agrees to purchase from the Seller or its licensee(s) (the “Licensees”) the Seller Parts required for the Buyer’s own needs during the
Term, provided that the provisions of this Clause 1.4 shall not in any way prevent the Buyer from resorting to the Seller Parts stocks of other operators using the same Aircraft or from purchasing Seller Parts from said operators or from
distributors, provided said Seller Parts have been designed by the Seller and manufactured by the Seller or its Licensee(s). 

  

	1.4.2	The Buyer may manufacture or have manufactured for its own use without paying any license fee to the Seller parts equivalent to Seller Parts: 

 

	1.4.2.1	after expiration of the Term if at such time the Seller Parts are out of stock, 

 

	1.4.2.2	at any time, to the extent Seller Parts are needed to effect aircraft on ground (“AOG”) repairs upon any Aircraft delivered under the Agreement and are
not available from the Seller or its Licensees within a lead time shorter than or equal to the time in which the Buyer can procure such Seller Parts, and provided the Buyer shall not sell such Seller Parts, 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
3/24 

	1.4.2.3	in the event that the Seller fails to fulfill its obligations with respect to any Seller Parts pursuant to Clause 1.2 within a reasonable time after written notice
thereof from the Buyer, 

  

	1.4.2.4	in those instances where a Seller Part is identified as “Local Manufacture” in the Illustrated Parts Catalog (IPC). 

 

	1.4.3.1	The rights granted to the Buyer in Clause 1.4.2 shall not in any way be construed as a license, nor shall they in any way obligate the Buyer to the payment of any
license fee or royalty, nor shall they in any way be construed to affect the rights of third parties. 

  

	1.4.3.2	Furthermore, in the event of the Buyer manufacturing or having manufactured any parts, subject to the conditions of Clause 1.4.2 such manufacturing and any use
made of the manufactured part shall be under the sole liability of the Buyer and the consent given by the Seller shall not be construed as express or implicit approval howsoever either of the Buyer or of the manufactured parts.

 It shall further be the Buyer’s responsibility to ensure that such manufacturing is performed in
accordance with the relevant procedures and Aviation Authority requirements. 
  

	1.4.3.3	The Buyer shall allocate or cause to be allocated its own part number to any part manufactured or caused to be manufactured subject to Clause 1.4.2 above. The
Buyer shall not be allowed to use or cause to be used the Airbus Part number of the Seller Part to which such manufactured part is equivalent. 

  

	1.4.3.4	Notwithstanding any right provided to the Buyer under Clause 1.4.2, the Buyer shall not be entitled under any circumstances to sell any part manufactured or caused
to be manufactured under Clause 1.4.2 to any third party. 

  
 Exhibit H Page
4/24 

	2.	INITIAL PROVISIONING 

  

	2.1	Initial Provisioning Period 

 The Initial Provisioning Period is defined as the period up to and expiring on the ninetieth (90th) day after Delivery of the last Aircraft subject to firm order under the Agreement.

  

	2.2	Pre-Provisioning Meeting 

  

	2.2.1	The Seller shall organize a pre-provisioning meeting (“Pre-Provisioning Meeting”) at its Airbus Spares Support Centre for the purpose of formulating an
acceptable schedule and working procedure to accomplish the initial provisioning of Material. 

  

	2.2.2	The date of the meeting shall be mutually agreed upon, allowing a minimum preparation time of ***** for the Initial Provisioning Conference referred to in
Clause 2.4 below. 

  

	2.3	Initial Provisioning Training 

 Upon the request of the Buyer, the Seller can provide Initial Provisioning training for the Buyer’s provisioning and purchasing personnel. The following areas shall be covered: 

 

	 	(i)	The Seller during the Pre-Provisioning Meeting shall familiarize the Buyer with the provisioning documents. 

 

	 	(ii)	The technical function as well as the necessary technical and commercial Initial Provisioning Data shall be explained during the Initial Provisioning Conference.

  

	 	(iii)	A familiarization with the Seller’s purchase order administration system shall be conducted during the Initial Provisioning Conference. 

 

	2.4	Initial Provisioning Conference 

 The Seller shall organize an Initial Provisioning conference (“Initial Provisioning Conference”) at the Airbus Spares Support Centre, including participation of major Suppliers as
mutually agreed upon during the Pre-Provisioning Meeting. 
 Such conference shall not take place earlier than ***** after
Manufacturer Serial Number allocation, Buyer Furnished Equipment selection or Contractual Definition Freeze, whichever is the latest. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
5/24 

	2.5	Seller-Supplied Data 

The Seller shall prepare and supply to the Buyer the data set forth hereunder. 

 

	2.5.1	Initial Provisioning Data 

Initial Provisioning data elements generally in accordance with SPEC 2000, Chapter 1, (“Initial Provisioning Data”)
shall be supplied by the Seller to the Buyer in a form, format and a time-scale to be mutually agreed upon during the Pre-Provisioning Meeting. 
  

	2.5.1.1	Revision service shall be provided ***** up to the end of the Initial Provisioning Period. 

 

	2.5.1.2	In any event, the Seller shall ensure that Initial Provisioning Data is released to the Buyer in due time to give the Buyer sufficient time to perform any necessary
evaluation and allow the on-time delivery of any ordered Material. 

  

	2.5.2	Supplementary Data 

 The
Seller shall provide the Buyer with supplementary data to the Initial Provisioning Data, including Local Manufacture Tables (X-File) and Ground Support Equipment and Specific (To-Type) Tools (W-File) in accordance with SPEC 2000, Chapter 1.

  

	2.5.3	Data for Standard Hardware 

 The Initial Provisioning Data provided to the Buyer shall include data for hardware and standard material. 
  

	2.6	Supplier-Supplied Data 

  

	2.6.1	General 

 The Seller
shall obtain from Suppliers agreements to prepare and issue for their own products as per Clause 1.2(ii) repair/overhaul Initial Provisioning Data in the English language, for those components for which the Buyer has elected to receive data.

 Said data (initial issue and revisions) shall be transmitted to the Buyer through the Suppliers and/or the Seller. The Seller
shall not be responsible for the substance of such data. 
 In any event, the Seller shall exert its reasonable efforts to
supply such Data to the Buyer in due time to give the Buyer sufficient time to perform any necessary evaluation and allow on-time deliveries. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
6/24 

	2.6.2	Initial Provisioning Data 

Initial Provisioning Data elements for Supplier Parts as per sub-Clause 1.2(ii) generally in accordance with SPEC 2000, Chapter 1,
shall be furnished as mutually agreed upon during a Pre-Provisioning Meeting with revision service assured up to the end of the Initial Provisioning period. 
  

	2.7	Initial Provisioning Data Compliance 

  

	2.7.1	Initial Provisioning Data generated by the Seller and supplied to the Buyer shall comply with the latest configuration of the Aircraft to which such data relate as
known ***** Said data shall enable the Buyer to order material conforming to its Aircraft as required for maintenance and overhaul. 

 This provision shall not cover: 
  

	 	-	Buyer modifications not known to the Seller, 

  

	 	-	modifications not agreed to by the Seller. 

  

	2.8	Commercial Offer 

  

	2.8.1	At the end of the Initial Provisioning Conference, the Seller shall, at the Buyer’s request, submit a commercial offer for all Material as defined in Clauses
1.2(i) thru 1.2(iv) mutually agreed as being Initial Provisioning based on the Seller’s sales prices valid at the time of finalization of the Initial Provisioning Conference. This commercial offer shall be valid for a period to be mutually
agreed upon, irrespective of any price changes for Seller Parts during this period, except for significant error and/or price alterations due to part number changes and/or Supplier price changes. 

 

	2.8.2	During the Initial Provisioning Period the Seller shall supply Material, as defined in Clause 1.2 and ordered from the Seller, which shall be in conformity with
the configuration standard of the concerned Aircraft and with the Initial Provisioning Data transmitted by the Seller. 

  

	2.8.3	The Seller shall in addition use its reasonable efforts to cause Suppliers to provide a similar service for their items. 

 

	2.9	Delivery of Initial Provisioning Material 

  

	2.9.1	To cover the requirements in Material for entry into service of the Aircraft, the Seller shall use its reasonable efforts to deliver Material ordered during the Initial
Provisioning Period against the Buyer’s orders and according to a mutually agreed schedule. Such deliveries shall cover the Material requirements in line with the Aircraft fleet build up, only up to that portion of the ordered quantity that is
recommended for the number of Aircraft operated during the Initial Provisioning Period. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
7/24 

 The Seller shall in addition use its reasonable efforts to cause Suppliers to provide to
the Buyer a similar service for their items: 
  

	2.9.2	The Buyer may, subject to the Seller’s agreement, cancel or modify Initial Provisioning orders placed with the Seller, with no cancellation charge, not later than
the quoted lead-time before scheduled delivery of said Material. 

  

	2.9.3	In the event of the Buyer canceling or modifying (without any liability of the Seller for the cancellation or modification) any orders for Material outside the time
limits defined in Clause 2.9.2, the Buyer shall reimburse the Seller for any costs incurred in connection therewith. 

  

	2.9.4	All transportation costs for the return of Material under this Clause 2, including any insurance, customs and duties applicable or other related expenditures,
shall be borne by the Buyer. 

  

	2.10	***** 

  

	2.10.1	***** 

  

	2.10.2	***** 

  

	2.10.3	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
8/24 

	3.	REPLENISHMENT AND DELIVERY 

  

	3.1	General 

 Buyer’s
purchase orders are administered in accordance with SPEC 2000, Chapter 3. 
 For the purpose of clarification it is expressly
stated that the provisions of Clause 3.2 do not apply to Initial Provisioning Data and Material as described in Clause 2. 
  

	3.2	Lead times 

 In general,
lead times are in accordance with the provisions of the “World Airlines and Suppliers’ Guide” (Latest Edition). 
  

	3.2.1	Seller Parts as per sub-Clause 1.2(i) listed in the Seller’s Spare Parts Price Catalog can be dispatched within the lead times defined in the Spare Parts
Price Catalog. 

 Lead times for Seller Parts, which are not published in the Seller’s Spare Parts Price
Catalog, are quoted upon request. 
  

	3.2.2	Material of sub-Clauses 1.2(ii) thru 1.2(iv) can be dispatched within the Supplier’s lead-time augmented by the Seller’s own order and delivery processing
time. 

  

	3.2.3	Expedite Service 

 The
Seller shall provide a twenty-four (24) hours-a-day, seven (7) days-a-week expedite service to provide for the supply of the relevant Seller Parts available in the Seller’s stock, workshops and assembly line including long lead time
spare parts, to the international airport nearest to the location of such part (“Expedite Service”). 
  

	3.2.3.1	The Expedite Service is operated in accordance with the “World Airlines and Suppliers’ Guide”, and the Seller shall notify the Buyer of the action taken
to satisfy the expedite within: 

  

	 	-	four (4) hours after receipt of an AOG Order, 

  

	 	-	twenty-four (24) hours after receipt of a Critical Order (imminent AOG or work stoppage), 

 

	 	-	seven (7) days after receipt of an Expedite Order from the Buyer. 

  

	3.2.3.2	The Seller shall deliver Seller Parts requested on an Expedite basis against normal orders placed by the Buyer, or upon telephone or telex requests by the Buyer’s
representatives. Such telephone or telex requests shall be confirmed by subsequent Buyer’s orders for such Seller Parts within a reasonable time. 

  
 Exhibit H Page
9/24 

	3.3	Delivery Status 

 The
Seller shall make available to the Buyer on the Airbus Spares Portal the status of supplies against orders. 
  

	3.4	Excusable Delay 

Clause 10.1 of the Agreement shall apply to the Material support. 

 

	3.5	Shortages, Overshipments, Non-Conformity in Orders 

  

	3.5.1	The Buyer shall immediately and not later than ***** days after receipt of Material delivered pursuant to a purchase order advise the Seller: 

 

	 	(a)	of any alleged shortages or overshipments with respect to such order, 

  

	 	(b)	of all non-conformities to specification of parts in such order subjected to inspections by the Buyer. 

In the event of the Buyer not having advised the Seller of any such alleged shortages, overshipments or non-conformity within the above
defined period, the Buyer shall be deemed to have accepted the deliveries. 
  

	3.5.2	In the event of the Buyer reporting overshipments or non-conformity to the specifications within the period defined in Clause 3.5.1 the Seller shall, if the Seller
accepts such overshipment or non-conformity, either replace the concerned Material or credit the Buyer for the returned Material: In such case, transportation costs shall be borne by the Seller. 

The Buyer shall endeavour to minimize such costs, particularly through the use of its own airfreight system for transportation at no
charge to the Seller. 
  

	3.6	Packaging 

 All Material
shall be packaged in accordance with ATA 300 Specification, Category III for consumable/expendable material and Category II for rotables. Category I containers shall be used if requested by the Buyer and the difference between Category I and
Category II packaging costs shall be paid by the Buyer together with payment for the respective Material. 
  

	3.7	Cessation of Deliveries 

The Seller reserves the right to restrict, stop or otherwise suspend deliveries if the Buyer fails to meet its obligations defined in
Clauses 4.2 thru 4.4. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
10/24 

	4.	COMMERCIAL CONDITIONS 

  

	4.1	Price 

  

	4.1.1	The Material prices shall be: 

  

	 	-	Free Carrier (FCA) the Airbus Spares Support Centre for deliveries from the Airbus Spares Support Centre. 

 

	 	-	Free Carrier (FCA) place specified by the Seller for deliveries from other Seller or Supplier facilities as the term Free Carrier (FCA) is defined by the publication
N°560 of the International Chamber of Commerce published in January 2000. 

  

	4.1.2	Prices shall be the Seller’s sales prices in effect on the date of receipt of the order (subject to reasonable quantities and delivery time) and shall be expressed
in US-Dollars. 

  

	4.1.3	Prices of Seller Parts shall be in accordance with the current Seller’s Spare Parts Price Catalog. Prices shall be firm for each calendar year. The Seller,
however, reserves the right to revise the prices of said parts during the course of the calendar year in the following cases: 

  

	 	-	significant revision in manufacturing costs, 

  

	 	-	significant revision in manufacturers purchase price of parts or materials (including significant variation of exchange rates), 

 

	 	-	significant error in estimation or expression of any price. 

  

	4.1.4	Prices of Material as defined in sub-Clauses 1.2(ii) thru 1.2(iv) shall be the valid list prices of the Supplier augmented by the Sellers handling charge. The
percentage of the handling charge shall vary with the Material’s value and shall be determined item by item. 

  

	4.2	Payment Procedures and Conditions 

  

	4.2.1	Payment shall be made in immediately available funds in the quoted currency. In case of payment in any other free convertible currency, the exchange rate valid on the
day of actual money transfer shall be applied for conversion. 

  

	4.2.2	Payment shall be made by the Buyer to the Seller within ***** from date of the invoice to the effect that the value date of the credit to the Seller’s account of
the payment falls within this ***** period. 

  

	4.2.3	The Buyer shall make all payments hereunder to the Seller’s account with: 

 VEREINS & WESTBANK AG—20457 Hamburg—Germany 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
11/24 

 Account: ***** 
 Swift Address: ***** 
 using international IBAN Code: ***** 

or as otherwise directed by the Seller. 
  

	4.2.4	All payments due to the Seller hereunder shall be made in full without set-off, counterclaim, deduction or withholding of any kind. Consequently, the Buyer shall
procure that the sums received by the Seller under this Exhibit “H” shall be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on account of and free from any and all taxes, levies,
imposts, dues or charges of whatever nature except that if the Buyer is compelled by law to make any such deduction or withholding the Buyer shall pay such additional amounts as may be necessary in order that the net amount received by the Seller
after such deduction or withholding shall equal the amounts which would have been received in the absence of such deduction or withholding. 

  

	4.2.5	If any payment due to the Seller is not received in accordance with the timescale provided in Clause 4.2.2, without prejudice to the Seller’s other rights
under this Exhibit “H”, the Seller shall be entitled to interest for late payment calculated on the amount due from and including the due date of payment up to and including the date when the payment is received by the Seller at a rate
equal ***** 

  

	4.3	Credit Assurance 

 The
Seller and the Buyer agree that the Seller has the right to request and the Buyer shall upon such request provide the Seller with sufficient financial means in due time in order to assure the Seller of full payment of the Buyers’ current and/or
expected payment obligations. 
  

	4.4	Title 

 Title to any
Material purchased under this Exhibit “H” remains with the Seller until full payment of the invoices and any interest thereon has been received by the Seller. 
 The Buyer shall undertake that Material, title to which has not passed to the Buyer, shall be kept free from any debenture or mortgage or any similar charge or claim in favour of any third party.

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
12/24 

	4.5	Buy-Back 

  

	4.5.1	Buy-Back of Obsolete Material 

 The Seller agrees to buy back unused Seller Parts which may become obsolete before Delivery of the first Aircraft to the Buyer as a result of mandatory modifications required by the Buyer’s or the
Seller’s Aviation Authorities, subject to the following: 
  

	4.5.1.1	The Seller Parts involved shall be those, which the Buyer is directed by the Seller to scrap or dispose of and which cannot be reworked or repaired to satisfy the
revised standard. 

  

	4.5.1.2	The Seller shall credit to the Buyer the purchase price paid by the Buyer for any such obsolete parts, provided that the Seller’s liability in this respect does
not extend to quantities in excess of the Seller’s Initial Provisioning recommendation. 

  

	4.5.1.3	The Seller shall use its reasonable efforts to obtain for the Buyer the same protection 

 

	4.5.2	Buy-Back of Initial Provisioning Surplus Material 

  

	4.5.2.1	The Seller agrees that at any time after ***** to the Buyer, the Buyer shall have the right to return to the Seller, at a credit of ***** of the original purchase price
paid by the Buyer, unused and undamaged Material as per sub-Clause 1.2(i) and at a credit of ***** of the original Supplier list price, unused and undamaged Material as per sub-Clause 1.2(ii) originally purchased from the Seller under the
terms hereof, provided that the selected protection level does not ***** with a transit time of ***** and said Material was recommended for the Buyer’s purchase in the Seller’s Initial Provisioning recommendations to the Buyer and does not
exceed the provisioning quantities recommended by the Seller, and is not shelflife limited, or does not contain any shelflife limited components with ***** shelflife remaining when returned to the Seller and provided that the Material is returned
with the Seller’s original documentation (tag, certificates). 

  

	4.5.2.2	In the event of the Buyer electing to procure Material in excess of the Seller’s recommendation, the Buyer shall notify the Seller thereof in writing, with due
reference to the present Clause. The Seller’s agreement in writing is necessary before any Material in excess of the Seller’s recommendation shall be considered for buy-back. 

 

	4.5.2.3	It is expressly understood and agreed that the rights granted to the Buyer under this Clause 4.5.2 shall not apply to Material which may become surplus to
requirements due to obsolescence at any time or for any reason other than those set forth in Clause 4.5.1. above. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
13/24 

	4.5.2.4	Further, it is expressly understood and agreed that all credits described in this Clause 4.5.2 shall be provided by the Seller to the Buyer exclusively by means of
credit notes to be entered into the Buyer’s spares account with the Seller. 

  

	4.5.2.5	All transportation costs for the return of obsolete or surplus Material under this Clause 4, including any insurance and customs duties applicable or other related
expenditures, shall be borne by the Buyer. 

  

	4.6	Inventory Usage Data 

The Buyer undertakes to provide periodically to the Seller a quantitative list of the parts used for maintenance and overhaul of the
Aircraft. The range and contents of this list shall be established according to SPEC 2000, Chapter 5, or as mutually agreed between the Seller and the Buyer. 

  
 Exhibit H Page
14/24 

	5.	WARRANTIES 

  

	5.1	Seller Parts 

 Subject to
the limitations and conditions as hereinafter provided, the Seller warrants to the Buyer that all Seller Parts in sub-Clause 1.2(i) shall at delivery to the Buyer: 
  

	 	(i)	be free from defects in material, 

  

	 	(ii)	be free from defects in workmanship, including without limitation processes of manufacture, 

 

	 	(iii)	be free from defects arising from failure to conform to the applicable specification for such part. 

 

	5.2	Warranty Period 

  

	5.2.1	The standard warranty period for new Seller Parts is ***** after delivery of such parts to the Buyer. 

 

	5.2.2	The standard warranty period for used Seller Parts delivered, by and/or repaired, modified, overhauled or exchanged by the Seller is ***** after delivery of such parts
to the Buyer. 

  

	5.3	Buyer’s Remedy and Seller’s Obligation 

 The Buyers remedy and Sellers obligation and liability under this Clause 5 are limited to the repair, replacement or correction, at the Seller’s expense and option, of any Seller Part which is
defective. 
 The Seller may equally at its option furnish a credit to the Buyer for the future purchase of Seller Parts equal
to the price at which the Buyer is then entitled to acquire a replacement for the defective Seller Parts. 
 The provisions of
Clauses 12.1.5 thru 12.1.10 of the Agreement shall apply to this Clause 5 of this Exhibit “H”. 
  

	5.4	Waiver, Release and Renunciation 

 THE WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE SELLER AND/OR ITS SUPPLIERS AND REMEDIES OF THE BUYER SET FORTH IN THIS CLAUSE 5 ARE EXCLUSIVE AND IN SUBSTITUTION FOR, AND THE BUYER HEREBY WAIVES,
RELEASES AND RENOUNCES, ALL OTHER WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE SELLER AND/OR ITS SUPPLIERS AND RIGHTS, CLAIMS AND REMEDIES OF THE BUYER AGAINST THE SELLER, ITS SUPPLIERS AND/OR THEIR INSURERS EXPRESS OR IMPLIED, ARISING BY LAW OR

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
15/24 

 OTHERWISE WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN ANY MATERIAL DELIVERED UNDER THIS
AGREEMENT INCLUDING BUT NOT LIMITED TO: 
  

	 	(A)	ANY WARRANTY AGAINST HIDDEN DEFECTS (GARANTIE DES VICES CACHES); 

  

	 	(B)	ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS; 

  

	 	(C)	ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE; 

 

	 	(D)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY. WHETHER CONTRACTUAL OR DELICTUAL AND WHETHER OR. NOT ARISING FROM THE SELLER’S AND/OR ITS SUPPLIERS’
NEGLIGENCE, ACTUAL OR IMPUTED; AND 

  

	 	(E)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY FOR LOSS OR DAMAGE TO ANY AIRCRAFT, COMPONENT, EQUIPMENT, ACCESSORY OR PART THEREOF OR MATERIAL DELIVERED HEREUNDER.

 THE SELLER AND/OR ITS SUPPLIERS SHALL HAVE NO OBLIGATION OR LIABILITY, HOWSOEVER ARISING; LOSS OF USE, REVENUE
OR PROFIT OR FOR ANY OTHER DIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN ANY MATERIAL DELIVERED UNDER THIS AGREEMENT. 
 FOR THE PURPOSES OF THIS CLAUSE 5.4, “THE SELLER” SHALL INCLUDE THE SELLER, ITS AFFILIATES AND ANY OF THEIR RESPECTIVE INSURERS. 

  
 Exhibit H Page
16/24 

	6.	SELLER PARTS LEASING 

  

	6.1	General 

 The terms and
conditions of this Clause 6 shall apply for the leasing of Seller Parts listed in Appendix A to this Clause 6, hereinafter “Leased Parts” or a “Leased Part”, and shall form a part of each lease of Seller
Parts by the Buyer from the Seller. 
  

	6.1.1	The terms and conditions of this Clause 6 shall prevail over all other terms and conditions appearing on any order form or other document pertaining to Leased
Parts. The Seller’s current proprietary parts Repair Guide shall be provided to the Buyer and shall be used, along with this Agreement, as the basis for Seller Parts lease transactions between the Buyer and the Seller. In case of discrepancy,
this Agreement shall prevail. 

  

	6.1.2	For the purposes of this Clause 6, the term “Lessor” refers to the Seller and the term “Lessee” refers to the Buyer.

  

	6.1.3	Parts not included in Appendix A to this Clause 6 shall be the subject of a separate lease agreement supplied by the Seller at the Buyer’s request.

  

	6.2	Leasing Procedure 

 Upon
the Lessee’s request by telephone (to be confirmed promptly in writing), facsimile, cable, SITA, letter or other written instrument, the Lessor shall lease such Leased Parts, which shall be made available in accordance with Clause 3.2.3
for the purpose of being substituted for a part removed from an Aircraft for repair or overhaul. Each lease of Leased Parts shall be evidenced by a lease document (hereinafter “Lease”) issued by the Lessor to the Lessee not later
than seven (7) days after delivery of the Leased Part. 
  

	6.3	Lease Period 

  

	6.3.1	The total term of the Lease (hereinafter “Lease Period”) shall be counted from inclusively the day the Leased Part is delivered Free Carrier (FCA) up
to inclusively the day of receipt of the Leased Part back at the Lessor or at any other address indicated by the Lessor. 

  

	6.3.2	If a Leased Part is not returned by the Lessee within ***** the Lease shall be converted into a sale. Should the Lessee not return the Leased Part to the Lessor within
***** and if the Lessor so elects, by giving prompt written notice to the Lessee, such non return shall be deemed to be an election by the Lessee to purchase the Leased Part and, upon the happening of such event, the Lessee shall pay the Lessor all
amounts due under Clauses 6.4 and 6.8 for the Leased Part for the Lease Period of ***** plus the current sales price of the Leased Part at the moment of the conversion of the Lease. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
17/24 

	6.3.3	Notwithstanding the foregoing, the Lease Period shall end in the event of and upon the date that, the Lessee acquiring title to a Leased Part as a result of exercise of
the Lessee’s option to purchase the Leased Part, as provided for herein. 

  

	6.3.4	The chargeable period to lease a part is a minimum of seven (7) days. If the shipment of the Leased Part has been arranged and the Lessee cancels the lease order,
the minimum chargeable period of seven (7) days shall apply. 

  

	6.4	Lease Charges and Taxes 

The Lessee shall pay the Lessor: 
  

	 	(i)	a Lease fee per day of the Lease Period amounting to ***** of the part’s sales price as set forth in the Seller’s Spare Parts Price Catalog in effect on the
date of the commencement of the Lease Period; 

  

	 	(ii)	any reasonable additional costs which may be incurred by the Lessor as a direct result of such Lease, such as recertification, inspection, test, repair, overhaul,
removal of paint and/or repackaging costs as required to place the Leased Part in a satisfactory condition for lease to a subsequent customer; 

  

	 	(iii)	all transportation and insurance charges; and 

  

	 	(iv)	any taxes, charges or custom duties imposed upon the Lessor or its property as a result of the Lease, sale, delivery, storage or transfer of any Leased Part. All
payments due hereunder shall be made in accordance with Clause 4. 

  

	6.5	Risk of Loss, Maintenance, Storing and Repair of the Leased Part 

  

	 	(i)	The Lessee shall he liable for maintaining and storing the Leased Part in accordance with all applicable rules of the relevant aviation authorities and the technical
documentation and other instructions issued by the Lessor. 

  

	 	(ii)	Except for normal wear and tear, each Leased Part shall be returned to the Lessor in the same condition as when delivered to the Lessee. 

 

	 	(iii)	The Leased Part shall be repaired solely at repair stations approved by the Lessor. If during the Lease Period any inspection, maintenance, rework and/or repair is
carried out to maintain the Leased Part serviceable, in accordance with the standards of the Lessor, the Lessee shall provide details and documentation about the scope of the work performed, including respective inspection, work and test reports.

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
18/24 

	 	(iv)	All documentation shall include, but not be limited to, evidence of incidents such as hard landings, abnormalities of operation and corrective action taken by the
Lessee as a result of such incidents. 

  

	 	(v)	The Leased Part must not be lent to a third party. 

  

	 	(vi)	Risk of loss or damage to each Leased Part shall remain with the Lessee until such Leased Part is redelivered to the Lessor at the return location specified in the
applicable Lease. If a Leased Part is lost, damaged beyond economical repair or damaged unrepairable, the Lessee shall be deemed to have exercised its option to purchase said Leased Part in accordance with Clause 6.8 as of the date of such loss
or damage. 

  

	6.6	Title 

 Title to each
Leased Part shall remain with the Lessor at all times unless the Lessee exercises its option to purchase in accordance with Clause 6.8, in which case title shall pass to the Lessee upon receipt by the Lessor of the payment for the purchased
Leased Part. 
  

	6.7	Return of Leased Part 

  

	6.7.1	The Lessee shall return the Leased Part at the end of the Lease Period to the address indicated on the individual lease document provided by the Lessor at the start of
each Lease transaction. 

  

	6.7.2	The return shipping document shall indicate the reference of the Lease document and the removal data such as: 

 

	 	(i)	aircraft manufacturer serial number 

  

	 	(ii)	removal date 

  

	 	(iii)	total flight hours and flight cycles for the period the Leased Part was installed on the aircraft 

 

	 	(iv)	documentation in accordance with Clause 6.5. 

 If the Lessee cannot provide the above mentioned data and documentation for the Leased Part to be returned from Lease, lease charges of ***** of the Lessor’s current sales price for a new part plus
***** of the accumulated Lease fees shall be invoiced. According to the Lessor’s quality standards, parts are not serviceable without the maintenance history data outlined above and have to be scrapped on site. 

 

	6.7.3	The unserviceable or serviceable tag issued by the Lessee and the original Lessor certification documents must be attached to the Leased Part. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
19/24 

	6.7.4	Except for normal wear and tear, each Leased Part shall be returned to the Lessor in the same condition as when delivered to the Lessee. The Leased Part shall be
returned with the same painting as when delivered (Airbus grey or primary paint). If the Lessee is not in a position to return the Leased Part in the same serviceable condition, the Lessee has to contact the Lessor for instructions.

  

	6.7.5	The Leased Part is to be returned in the same shipping container as that delivered by the Lessor. The container must be in a serviceable condition, normal wear and tear
excepted. 

  

	6.7.6	The return of an equivalent part different from the Leased Part delivered by the Lessor is not allowed without previous written agreement of the Lessor.

  

	6.8	Option to Purchase 

  

	6.8.1	The Lessee may at its option, exercisable by written notice given to the Lessor during the Lease Period, elect to purchase the Leased Part, in which case the then
current sales price for such Leased Part as set forth in the Seller’s Spare Parts Price Catalog shall be paid by the Lessee to the Lessor. Should the Lessee exercise such option, ***** of the Lease rental charges due pursuant to
sub-Clause 6.4(i) shall be credited to the Lessee against said purchase price of the Leased Part. 

  

	6.8.2	In the event of purchase, the Leased Part shall be warranted in accordance with Clause 5 as though such Leased Part were a Seller Part, but the warranty period
shall be deemed to have commenced on the date such part was first installed on any Aircraft; provided however, that in no event shall such warranty period be less than ***** from the date of purchase of such Leased Part. A warranty granted under
this Clause 6.8.2 shall be in substitution for the warranty granted under Clause 6.9 at the commencement of the Lease Period. 

  

	6.9	Warranties 

  

	6.9.1	The Lessor warrants that each Leased Part shall at the time of delivery be free from defects in material and workmanship which could materially impair the utility of
the Leased Part. 

  

	6.9.2	Warranty and Notice Periods 

 The Lessee’s remedy and the Lessor’s obligation and liability under this Clause 6.9, with respect to each defect, are conditioned upon: 

 

	 	(i)	the defect having become apparent to the Lessee within the Lease Period and 

 

	 	(ii)	the return by the Lessee as soon as practicable to the return location specified in the applicable Lease, or such other place as may be mutually agreed upon, of the
Leased Part claimed to be defective and 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
20/24 

	 	(iii)	the Lessor’s warranty administrator having received written notice of the defect from the Lessee within ***** after the defect becomes apparent to the Lessee, with
reasonable proof that the claimed defect is due to a matter embraced within the Lessor’s warranty under this Clause 6.9 and that such defect did not result from any act or omission of the Lessee, including but not limited to any failure to
operate or maintain the Leased Part claimed to be defective or the Aircraft in which it was installed in accordance with applicable governmental regulations and the Lessor’s applicable written instructions. 

 

	6.9.3	Remedies 

 The
Lessee’s remedy and the Lessor’s obligation and liability under this Clause 6.9 with respect to each defect are limited to the repair of such defect in the Leased Part in which the defect appears, or, as mutually agreed to the
replacement of such Leased Part with a similar part free from defect. 
 Any replacement part furnished under this Clause 6.9.3 shall be
deemed to be the Leased Part so replaced. 
  

	6.9.4	Suspension and Transportation Costs 

  

	6.9.4.1	If a Leased Part is found to be defective and covered by this warranty, the Lease Period and the Lessee’s obligation to pay rental charges as provided for in
sub-Clause 6.4(i) shall be suspended from the date on which the Lessee notifies the Lessor of such defect until the date upon which the Lessor has repaired, corrected or replaced the defective Leased Part, provided, however, that the Lessee
has, promptly after giving such notice to the Lessor, withdrawn such defective Leased Part from use. If the defective Leased Part is replaced, such replaced part shall be deemed to no longer be a Leased Part under the Lease as of the date upon which
such part was received by the Lessor at the return location specified in the applicable Lease. 

 If a Leased Part
is found to be defective upon first use by the Lessee and is covered by this warranty, no rental charges as provided in sub-Clause 6.4(i) shall accrue and be payable by the Lessee until the date on which the Lessor has repaired, corrected or
replaced the defective Leased Part. 
  

	6.9.4.2	All transportation and insurance costs of returning the defective Leased Part and returning the repaired, corrected or replacement part to the Lessee shall be borne by
the Lessor. 

  

	6.9.5	Wear and Tear 

 Normal
wear and tear and the need for regular maintenance and overhaul shall not constitute a defect or non-conformance under this Clause 6.9. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Exhibit H Page
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	6.9.6	Waiver, Release and Renunciation 

 THE WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE LESSOR AND/OR ITS SUPPLIERS AND REMEDIES OF THE LESSEE SET FORTH IN THIS CLAUSE 6 ARE EXCLUSIVE AND IN SUBSTITUTION FOR, AND THE LESSEE HEREBY WAIVES,
RELEASES AND RENOUNCES, ALL OTHER WARRANTIES, OBLIGATIONS AND LIABILITIES OF THE LESSOR AND/OR ITS SUPPLIERS AND RIGHTS. CLAIMS AND REMEDIES OF THE LESSEE AGAINST THE LESSOR, ITS SUPPLIERS AND/OR THEIR INSURERS EXPRESS OR IMPLIED, ARISING BY LAW OR
OTHERWISE WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN ANY LEASED PART DELIVERED UNDER THESE LEASING CONDITIONS INCLUDING BUT NOT LIMITED TO: 
  

	 	(A)	ANY WARRANTY AGAINST HIDDEN DEFECTS (GARANTIE DES VICES CACHES); 

  

	 	(B)	ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS; 

  

	 	(C)	ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE; 

 

	 	(D)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY. WHETHER CONTRACTUAL OR DELICTUAL AND WHETHER OR NOT ARISING FROM THE LESSOR’S OR ITS SUPPLIERS’ NEGLIGENCE,
ACTUAL OR IMPUTED; AND 

  

	 	(E)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY FOR LOSS OR DAMAGE TO ANY AIRCRAFT, COMPONENT, EQUIPMENT, ACCESSORY OR PART THEREOF OR ANY LEASED PART DELIVERED
HEREUNDER. 

 THE LESSOR AND/OR ITS SUPPLIERS SHALL HAVE NO OBLIGATION OR LIABILITY, HOWSOEVER ARISING, FOR LOSS
OF USE, REVENUE OR PROFIT OR FOR ANY OTHER DIRECT, INCIDENTAL. OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT IN ANY LEASED PART DELIVERED UNDER THESE LEASING CONDITIONS. 

FOR THE PURPOSES OF THIS CLAUSE 6.9.6, “THE LESSOR” SHALL INCLUDE THE LESSOR, ITS AFFILIATES AND ANY OF THEIR RESPECTIVE
INSURERS. 

  
 Exhibit H Page
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 APPENDIX “A” TO CLAUSE 6 OF EXHIBIT “H” 

SELLER PARTS AVAILABLE FOR LEASING 
 AILERONS 
 APU DOORS 
 CARGO DOORS 
 PASSENGER DOORS 
 ELEVATORS 
 FLAPS 
 LANDING GEAR DOORS 
 RUDDER 
 TAIL CONE 
 SLATS 
 SPOILERS 
 AIRBRAKES 
 WING TIPS 
 WINGLETS 

  
 Exhibit H Page
23/24 

	7.	TERMINATION OF SPARES PROCUREMENT COMMITMENTS 

  

	7.1	In the event of the Agreement being terminated with respect to any Aircraft due to causes provided for in Clauses 10, 11 or 20 of the Agreement, such termination
may also affect the terms of this Exhibit “H” to the extent set forth in Clause 7.2 below. 

  

	7.2	Any termination under Clauses 10, 11 or 20 of the Agreement shall discharge all obligations and liabilities of the parties hereunder with respect to such
undelivered spare parts, services, data or other items to be purchased hereunder which are applicable to those Aircraft for which the Agreement has been terminated. Unused spare parts in excess of the Buyer’s requirements due to such Aircraft
cancellation shall be repurchased by the Seller as provided for in Clause 4.5.2. 

  
 Exhibit H Page
24/24 

 LETTER AGREEMENT N°0 

CONTENTS 

LETTERS AGREEMENTS 
  

			
	Letter Agreement N° 1:	  	*****
		
	Letter Agreement N° 2:	  	FINANCING
		
	Letter Agreement N° 3:	  	*****
		
	Letter Agreement N° 4:	  	AIRCRAFT ***** AND DELIVERY DATE *****
		
	Letter Agreement N° 5:	  	PERFORMANCES GUARANTEES
		
	Letter Agreement N° 6:	  	PRODUCT SUPPORT
		
	Letter Agreement N° 7:	  	*****

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter Agreement No1 Page 1/1 

 LETTER AGREEMENT N°1 
 CONTROLADORA VUELA 
 COMPAÑÍA DE AVIACIÓN, S.A. de C.V.

 MEXICO 
 Subject: *****

 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V. (the “Buyer”) and AIRBUS (the
“Seller”) have entered into an A320 Family Purchase Agreement (the “Agreement”) dated as of even date herewith which covers the manufacture and the sale by the Seller and the purchase by the Buyer of the A320 Family
Aircraft described in the Agreement. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings
assigned thereto in the Agreement. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral,
nonseverable part of said Agreement and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°1 Page 1/4 

 LETTER AGREEMENT N°1 

 

	1.	Airframe Base ***** 

 The
seller shall ***** 
 The Airframe Base ***** 
 The Airframe Base ***** 
 The Airframe Base ***** 

 

	2.	***** 

 ***** 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°1 Page 2/4 

 LETTER AGREEMENT N°1 

***** 
  

	3	***** 

 The Seller shall
***** 
  

	4	***** 

 The Seller *****

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°1 Page 3/4 

 LETTER AGREEMENT N°1 

***** 
 If the foregoing
correctly sets forth our understanding, please execute two (2) originals in the space provided below and return one (1) original of this Letter Agreement to the Seller. 

 

			
	Agreed and Accepted	  	Agreed and Accepted
		
	For and on behalf of	  	For and on behalf of

  

			
	 CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, S.A. de C.V.
	  	AIRBUS S.A.S.
		
	By :	  	By :
		
	Its :	  	Its :
		
	Date :	  	Date :

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°1 Page 4/4 

 LETTER AGREEMENT N°2 
 CONTROLADORA VUELA 
 COMPAÑÍA DE AVIACIÓN, S.A. de C.V.

 MEXICO 
 Subject: FINANCING
SUPPORT 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de CV. (the “Buyer”) and AIRBUS
(the “Seller”) have entered into an A320 Family Purchase Agreement (the “Agreement”) dated as of even date herewith which covers the manufacture and the sale by the Seller and the purchase by the Buyer of the
A320 Family Aircraft described in the Agreement. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have
the meanings assigned thereto in the Agreement. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 Letter
Agreement N°2 Page 1/3 

 LETTER AGREEMENT N°2 

 

	1.	ECA FINANCING SUPPORT 

The Seller will assist the Buyer in applying for support from the Export Credit Agencies of France, Germany and the United Kingdom (the
“ECAs”) for the financing of the acquisition of the Aircraft. 
 Under the ***** 

The Seller shall assist the Buyer in its discussions with the ECAs. To this end, the Buyer and the Seller shall co-operate closely in
order to provide all relevant information as may be requested by the ECAs, in due course. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°2 Page 2/3 

 LETTER AGREEMENT N°2 
 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the space provided below and return one (1) original of this Letter Agreement to the Seller.

  

			
	Agreed and Accepted	  	Agreed and Accepted
		
	For and on behalf of	  	For and on behalf of

  

			
	 CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, S.A. de C.V.
	  	AIRBUS S.A.S.
		
	By :	  	By :
		
	Its :	  	Its :
		
	Date :	  	Date :

  
 Letter
Agreement N°2 Page 3/3 

 LETTER AGREEMENT N°3 
 CONTROLADORA COMPAÑÍA 
 DE AVIACIÓN, S.A. de CV 

MEXICO 
 Subject: ***** 

CONTROLADORA COMPAÑÍA DE AVIACIÓN, S.A. de C.V (the “Buyer”) and AIRBUS (the
“Seller”) have entered into an A320 Family Purchase Agreement (the “Agreement”) dated as of even date herewith which covers the manufacture and the sale by the Seller and the purchase by the Buyer of the A320 Family
Aircraft described in the Agreement. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings
assigned thereto in the Agreement. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral,
nonseverable part of said Agreement and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°3 Page 1/4 

 LETTER AGREEMENT N°3 

 

	1	General 

 The Seller
hereby ***** as the sixteen (16) Aircraft subject to the Agreement, except that no delivery date is reserved. 
 The *****
shall be manufactured in accordance with the Aircraft definition specified in Clause 2 of the Agreement and including any development changes which are incorporated by the Seller prior to the delivery of the ***** 

 

	2	***** 

 The
Airframe Basic Price of the ***** of the Agreement for the firm ordered Aircraft. Without limiting the generality of the foregoing, the ***** 
 The Engine Reference Price and associated price revision formula shall be as quoted by the corresponding Engine Manufacturer at the time of ***** or as otherwise agreed between the Buyer and the Engine
Manufacturer. 
  

	3	***** 

 *****

  

	4	***** and Delivery Date 

 Buyer shall have the ***** 
 Upon ***** 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°3 Page 2/4 

 LETTER AGREEMENT N°3 
 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the space provided below and return one (1) original of this Letter Agreement to the Seller.

  

			
	Agreed and Accepted	  	Agreed and Accepted
		
	For and on behalf of	  	For and on behalf of

  

			
	 CONTROLADORA COMPAÑÍA
 DE AVIACIÓN, S.A. de C.V.
	  	AIRBUS S.A.S.
		
	By :	  	By :
		
	Its :	  	Its :
		
	Date :	  	Date :

  
 Letter
Agreement N°3 Page 3/4 

 LETTER AGREEMENT N°3 

Upon confirmation of the Buyer’s acceptance of the Seller’s proposed ***** the Buyer shall transfer to Seller’s bank
account the initial pre-delivery payment then due for such Aircraft according to Clause 5 of the Agreement, ***** If the Buyer does not accept the Seller’s proposed ***** 

 

	5	***** 

 In the event that the
Buyer fails to ***** 
  

	6	***** 

 Upon the ***** according
to the above procedure, the Seller ***** The Buyer shall pay to the Seller ***** 
 The ***** 

 

	7	Assignment 

 The *****
are personal to the Buyer and cannot be assigned to any third party without the Seller’s prior written consent. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°3 Page 4/4 

 LETTER AGREEMENT N°4 
 CONTROLADORA VUELA 
 COMPAÑÍA DE AVIACIÓN, S.A. de C.V.

 MEXICO 
 Subject: AIRCRAFT
***** AND DELIVERY DATE***** 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V. (the
“Buyer”) and AIRBUS (the “Seller”) have entered into an A320 Family Purchase Agreement (the “Agreement”) dated as of even date herewith which covers the manufacture and the sale by the Seller
and the purchase by the Buyer of the A320 Family Aircraft described in the Agreement. 
 Capitalized terms used herein and not otherwise defined
in this Letter Agreement shall have the meanings assigned thereto in the Agreement. 
 Both parties agree that this Letter Agreement, upon
execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°4 Page 1/3 

 LETTER AGREEMENT N°4 

 

	1	AIRCRAFT ***** 

 The
Buyer shall have ***** 
 Should the Buyer wish to ***** prior the delivery of the concerned Aircraft. 

The ***** 

Upon confirmation from the Buyer of its ***** 
  

	2	***** DELIVERY POSITION 

 Should the Buyer and ***** 
  

	3	***** 

 For ***** (as
specified in Clause 9.1 of the Agreement), of its decision to ***** The Seller shall then provide the Buyer with ***** 

Upon confirmation of the ***** as specified in Clause 9.1 of the Agreement ***** 

The ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°4 Page 2/3 

 LETTER AGREEMENT N°4 

Should the Buyer ***** shall not occur. 
 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the space provided below and return one (I) original of this Letter Agreement to the Seller.

  

			
	Agreed and Accepted	  	Agreed and Accepted
		
	For and on behalf of	  	For and on behalf of

  

							
	 CONTROLADORA VUELA
 COMPAÑÍA DE AVIACIÓN, S. A. de C.V.
	  	AIRBUS S.A.S.
				
	 By    
	 	 :        
	  	By  	  	 :        

				
	 Its     
	 	 :        
	  	Its	  	 :        

				
	 Date  
	 	 :        
	  	Date  	  	 :        

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°4 Page 3/3 

 LETTER AGREEMENT N°5 A 
 CONTROLADORA VUELA 
 COMPAÑÍA DE AVIACIÓN, S.A. de C.V.

 MEXICO 
 Subject: A319-100
PERFORMANCES GUARANTEES 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V. (the
“Buyer”) and AIRBUS (the “Seller”) have entered into an A320 Family Purchase Agreement (the “Agreement”) dated as of even date herewith which covers the manufacture and the sale by the Seller
and the purchase by the Buyer of the A320 Family Aircraft described in the Agreement. 
 Capitalized terms used herein and not otherwise defined
in this Letter Agreement shall have the meanings assigned thereto in the Agreement. 
 Both parties agree that this Letter Agreement, upon
execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 Letter
Agreement N°5 A Page 1/7 

 LETTER AGREEMENT N°5 A 

 

	1.	AIRCRAFT CONFIGURATION 

The guarantees defined below (the “Guarantees”) are applicable to the A319-100 Aircraft as described in the Standard
Specification Ref.***** and amended by Specification Change Notices (SCN) for: 
  

	 	(i)	increase of the design weights as follows: 

  

	 	    	Maximum Take-off Weight to ***** 

	 	    	Maximum Landing Weight to ***** 

	 	    	Maximum Zero Fuel Weight to ***** 

  

	 	(ii)	installation of International Aero Engines (IAE) V2527M-A5 engines 

 hereinafter referred to as the “Specification”, and without taking into account any further changes thereto as provided in the Agreement 

 

	2.	***** GUARANTEES 

  

	2.1	***** 

  

	2.1.1	The Aircraft will be capable of ***** of ***** when operated under the conditions defined below: 

 

	2.1.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

**** 
 The
destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure attitude at destination airport is ***** 
  

	2.1.3	Allowances of ***** 

  

	2.1.4	***** the destination airport are 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°5 A Page 2/7 

 LETTER AGREEMENT N°5 A 

conducted in ***** Climb and descent speeds ***** 
 The ***** these climb, cruise and descent phases***** 
  

	2.1.5	Allowances of ***** 

  

	2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described above. 

Trip time is defined as the time spent during take-off and initial climb, climb, cruise, descent and approach and land as described
above. 
  

	2.1.7	At the end of approach and land ***** will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.1.8	***** 

  

	2.2	***** 

  

	2.2.1	The Aircraft will be capable of ***** when operated under the conditions defined below: 

 

	2.2.2	The departure airport conditions at ***** are assumed to be such as to allow the required take-off weight to be used without restriction. Pressure altitude at departure
airport is ***** 

 The destination airport conditions are such as to allow the required landing weight to be used
without restriction. Pressure altitude at destination airport is ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°5 A Page 3/7 

 LETTER AGREEMENT N°5 A 

 

	2.2.3	Allowances of ***** the departure airport with acceleration to climb speed. 

 

	2.2.4	Climb from ***** Climb and descent speeds below ***** will be ***** 

 The ***** these climb, cruise and descent phases shall be ***** 
  

	2.2.5	Allowances of ***** at the destination airport. 

  

	2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described above. 

Trip time is defined as the time spent during take-off and initial climb, climb, cruise, descent and approach and land as described
above. 
  

	2.2.7	At the end of approach and land ***** will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.8	***** 

  

	3.	MANUFACTURER’S ***** 

The Seller ***** that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be
***** according to Section 13-10.00.00 of the Standard Specification and subject to adjustments as defined in paragraph 6.2 below, shall ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°5 A Page 4/7 

 LETTER AGREEMENT N°5 A 

 

	4.	GUARANTEE CONDITIONS 

  

	4.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	4.2	For the determination of ***** in the conditions liable to provide the best results will be assumed. 

 

	4.3	When establishing ***** except if otherwise noted. 

  

	4.4	***** in Section 21-30.31 of the Specification. ***** 

  

	4.5	The engines will be operated using ***** unless otherwise stated. 

 Where applicable, ***** 
  

	5.	GUARANTEE COMPLIANCE 

  

	5.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	5.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	5.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A319-100 aircraft of the same ***** purchased by the Buyer and
incorporated in the In-Flight Performance Program and data bases (the “IFP”) appropriate to the Aircraft. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Letter
Agreement N°5 A Page 5/7 

 LETTER AGREEMENT N°5 A 

 

	5.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	5.5	***** 

  

	5.6	The Seller undertakes to furnish the Buyer with a report or reports ***** 

  

	6.	ADJUSTMENT OF GUARANTEES 

  

	6.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	6.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of: 

 

	 	(a)	Any further configuration change which is the subject of a SCN 

  

	 	(b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	7.	EXCLUSIVE GUARANTEES 

***** in the Specification or any other document. 
  

	8.	UNDERTAKING ***** 

Should the Aircraft fail to meet any of the Guarantees the Seller will ***** 

 

	8.1	Should the Seller ***** 

 *****

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°5 A Page 6/7 

 LETTER AGREEMENT N°5 A 

 

	8.2	In the event the Seller develops and makes available ***** mentioned above ***** 

 

	8.3	The Seller’s ***** 

 If the foregoing
correctly sets forth our understanding, please execute two (2) originals in the space provided below and return one (1) original of this Letter Agreement to the Seller. 

 

			
	Agreed and Accepted	  	Agreed and Accepted
		
	For and on behalf of	  	For and on behalf of
		
	 CONTROLADORA VUELA COMPAÑÍA DE
 AVIACIÓN, S.A. de C.V.
	  	AIRBUS S.A.S.
		
	 By    :
	  	 By    :

		
	 Its     :
	  	 Its     :

		
	 Date :
	  	 Date :

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°5 A Page 7/7 

 LETTER AGREEMENT N°5 B 
 CONTROLADORA VUELA 
 COMPAÑÍA DE AVIACIÓN, S.A. de C.V.

 MEXICO 
 Subject A320-200
PERFORMANCES GUARANTEES 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V. (the
“Buyer”) and AIRBUS (the “Seller”) have entered into an A320 Family Purchase Agreement (the “Agreement”) dated as of even date herewith which covers the manufacture and the sale by the Seller
and the purchase by the Buyer of the A320 Family Aircraft described in the Agreement. 
 Capitalized terms used herein and not otherwise defined
in this Letter Agreement shall have the meanings assigned thereto in the Agreement. 
 Both parties agree that this Letter Agreement, upon
execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 Letter
Agreement N°5 B Page 1/7 

 LETTER AGREEMENT N°5 B 

 

	1.	AIRCRAFT CONFIGURATION 

The guarantees defined below (the “Guarantees”) are applicable to the A320-200 Aircraft as described in the Standard
Specification Ref. ***** and amended by Specification Change Notices (SCN) for: 
  

	 	(i)	increase of the design weights as follows: 

  

	 	    	Maximum Take-off Weight to ***** 

	 	    	Maximum Landing Weight to ***** 

	 	    	Maximum Zero Fuel Weight to ***** 

  

	 	(ii)	installation of International Aero Engines (IAE) V2527E-A5 engines 

 hereinafter referred to as the “Specification”, and without taking into account any further changes thereto as provided in the Agreement. 

 

	2.	***** GUARANTEE 

 *****

  

	2.1	The Aircraft will be capable of ***** when operated under the conditions defined below: 

 

	2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

***** 
 The
destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at destination airport is ***** 
  

	2.3	Allowances of ***** the departure airport with acceleration to climb speed. 

 

	2.4	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°5 B Page 2/7 

 LETTER AGREEMENT N°5 B 

***** airport are conducted in ISA+10°C conditions. Climb and descent speeds ***** 

The ***** these climb, cruise and descent phases shall be ***** 

 

	2.5	Allowances ***** at the destination airport. 

  

	2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described above. 

Trip time is defined as the time spent during take-off and initial climb, climb, cruise, descent and approach and land as described
above. 
  

	2.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.8	***** 

  

	3.	MANUFACTURER’S ***** 

The Seller ***** that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be
***** with corrections according to Section 13-10.00.00 of the Standard Specification and subject to adjustments as defined in paragraph 6.2 below, shall ***** 
  

	4.	GUARANTEE CONDITIONS 

  

	4.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°5 B Page 3/7 

 LETTER AGREEMENT N°5 B 

 

	4.2	For the determination of ***** in the conditions liable to provide the best results will be assumed. 

 

	4.3	When establishing ***** 

  

	4.4	***** as defined in Section 21-30.31 of the Specification. ***** 

  

	4.5	The engines will be operated ***** 

  

	4.6	Where applicable, ***** 

  

	5.	GUARANTEE COMPLIANCE 

  

	5.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	5.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	5.3	Compliance with those parts of the Gaurantees ***** (or more, at the Seller’s discretion) A390-200 aircraft of the same ***** purchased by the Buyer and
incorporated in the In-Flight Performance Program and data bases (the “IFP”) appropriate to the Aircraft. 

  

	5.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	5.5	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°5 B Page 4/7 

 LETTER AGREEMENT N°5 B 

 

	5.6	The Seller undertakes to furnish the Buyer with a report or reports demonstrating compliance with the Guarantees at, or as soon as possible after, the delivery of each
of the Buyer’s A320-200 Aircraft. 

  

	6.	ADJUSTMENT OF GUARANTEES 

  

	6.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	6.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of: 

 

	 	(a)	Any further configuration change which is the subject of a SCN 

  

	 	(b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	7.	EXCLUSIVE GUARANTEES 

***** 
  

	8.	UNDERTAKING REMEDIES 

Should the Aircraft fail to meet any of the Guarantees the Seller ***** 

 

	8.1	Should the Seller ***** 

  

	8.2	In the event the Seller develops and makes available ***** mentioned above ***** 

 

	8.3	The Seller’s ***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°5 B Page 5/7 

 LETTER AGREEMENT N°5 B 

If the foregoing correctly sets forth our understanding, please execute two (2) originals in the space provided below and return one
(1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and Accepted	  	Agreed and Accepted
		
	For and on behalf of	  	For and on behalf of
		
	CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V.	  	AIRBUS S.A.S.
		
	By :	  	By :
		
	Its :	  	Its :
		
	Date :	  	Date :

  
 Letter
Agreement N°5 B Page 6/7 

 LETTER AGREEMENT N°6 
 CONTROLADORA VUELA 
 COMPAÑÍA DE AVIACIÓN, S.A. de C.V.

 MEXICO 
 Subject: PRODUCT
SUPPORT 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V. (the “Buyer”) and
AIRBUS (the “Seller”) have entered into an A320 Family Purchase Agreement (the “Agreement”) dated as of even date herewith which covers the manufacture and the sale by the Seller and the purchase by the Buyer
of the A320 Family Aircraft described in the Agreement. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement
shall have the meanings assigned thereto in the Agreement. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall
constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 Letter
Agreement N°6 Page 1/4 

 LETTER AGREEMENT N°6 

 

	1.	ADOC (Airbus Documentation On-line Consultation) 

 For the purpose of the Buyer’s managing the technical Data content to fit with its requirements, the seller will ***** 
  

	1.2	ADOC Job Card Package 

 The
Seller will provide the source data in SGML format. From the SGML documentation the Buyer builds its own formatted data for production of Job cards using standard Airbus Job Cards models. In addition to the above Customized Job card models can be
developed from Buyer’s specifications. 
 The ADOC Job Card Package delivery includes: 

***** 
  

	1.3	ADOC consultation Package 

 The
Seller will provide to the Buyer the ADOC consultation Package. The ADOC consultation package makes possible to distribute the data through intranet Extranet or Internet. The ADOC Consultation Packages contain: 

***** 
  

	1.4	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°6 Page 2/4 

 LETTER AGREEMENT N°6 

 

	2.	AIRMAN (Aircraft Maintenance Analysis) 

 The Seller has developed the AIRMAN software dedicated to maintenance operations for new aircraft equipped with an on-board monitoring function. 

AIRMAN’s data analysis, synthesis and presentation provides: 

 

	 	-	simpler, more effective troubleshooting, 

  

	 	-	preventive maintenance recommendations, 

  

	 	-	more effective engineering support, 

 The result is: 
  

	 	-	improved aircraft Dispatch Reliability, 

  

	 	-	reduced operational costs, and 

  

	 	-	reduced maintenance costs. 

***** 
  

	3.	****** 

 *****

  

	4.	Maintenance and Ground Operation Training ***** 

 Notwithstanding Clause 16.2.3 of the Agreement, if the Buyer does not require some of the maintenance and ground operation training allowance (as defined in paragraph 1.4.1 and 2.1.1 of Appendix A of
Clause 16 of the Agreement), the Seller and the Buyer shall review the situation ***** 
  

	5.	***** 

 The Seller shall
provide, or cause to be provided, to the Buyer the ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°6 Page 3/4 

 LETTER AGREEMENT N°6 

***** 
 Should
the Buyer ***** 
  

	6.	Maintenance Planning and Operation Support (Maintenance Planning Data System) 

The Seller will provide ***** 
 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the space provided below and return one (1) original of this Letter Agreement to the Seller.

  

			
	Agreed and Accepted	  	Agreed and Accepted
		
	For and on behalf of	  	For and on behalf of
		
	CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V.	  	AIRBUS S.A.S.
		
	By :	  	By :
		
	Its :	  	Its :
		
	Date :	  	Date :

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°6 Page 4/4 

 LETTER AGREEMENT N°7 
 CONTROLADORA VUELA 
 COMPAÑÍA DE AVIACIÓN, S.A. de C.V.

 MEXICO 
 Subject: *****

 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V. (the “Buyer”) and AIRBUS (the
“Seller”) have entered into an A320 Family Purchase Agreement (the “Agreement”) dated as of even date herewith which covers the manufacture and the sale by the Seller and the purchase by the Buyer of the A320 Family
Aircraft described in the Agreement. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings
assigned thereto in the Agreement. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral,
nonseverable part of said Agreement and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°7 Page 1/2 

 LETTER AGREEMENT N°7 
 ***** 
 If the foregoing correctly sets forth our understanding, please execute two
(2) originals in the space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and Accepted	  	Agreed and Accepted
		
	For and on behalf of	  	For and on behalf of
		
	CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V.	  	AIRBUS S.A.S.
		
	By :	  	By :
		
	Its :	  	Its :
		
	Date :	  	Date :

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Letter
Agreement N°7 Page 2/2 

			
	AIRBUS	  	CONCESIONARIA VUELA COMPANIA DE
AVIACION
		
	SPECIFICATION CHANGE NOTICE	  	
		  	SCN Number  32Y72J0011939S2A
		  	 Issue               2

	(SCN)	  	 Dated             16-Jun-2006

		  	Page 1 of 3

 Title: IAE engines - V2527M-A5 at 26 500 lbf nominal thrust (A319-133) 

Description 
 *****

 Effect on weight 
  

					
	Manufacturer’s Weight Empty Change	  	:	  	*****
	Operational Weight Empty Change	  	:	  	*****
	Allowable Payload Change	  	:	  	*****

 Remarks / References 
 Responds to RFC 32Y72J001A 
 Specification changed by this SCN 

A319-100 Aircraft Standard Specification Reference N° J 000 01000 

Issue 05 Revision 00 Temporary Revision 00 dated 17-Jan-2005 
 This SCN requires prior or concurrent acceptance of the following SCN (s) : 
 Note:
This SCN issue replaces and cancels previous one. 
  
  

Price per aircraft 
 US DOLLARS : Price
and delivery conditions are mentioned above 
 AT DELIVERY CONDITIONS : 
 This change will be effective on VOLARIS A319 AIRCRAFT N° 1 and subsequent. 
 Already Accepted

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

			
	Buyer approval	  	Seller approval
		
	By:	  	By:
		
	Date:	  	Date: 16/06/2006

			
	AIRBUS	  	CONCESIONARIA VUELA COMPANIA DE
AVIACION
		
	SPECIFICATION CHANGE NOTICE	  	
		  	SCN Number     32Y72J0011939S2A
		  	Issue                   2
	(SCN)	  	Dated                  16-Jun-2006
		  	Page                    2 of 3

 Specification repercussion: 
 After contractual agreement with respect to weight, performance, delivery, etc, the indicated part of the specification wording will read as follows: 

 

			
	01-10.02.00	  	The aircraft shall be equipped with two (2) International Aero Engines IAE V2527M-A5 propulsion systems, at a nominal thrust rating of 26 500 lbf (117.0 kN), aircraft model
designation A319-133.
		
	72-00.01.00	  	Turbofan engines of the type Int Aero Engines IAE V2527M-A5 shall be installed. -Reference to CFMI engines shall be deleted throughout.

 SFE changes: 
  

			
	
Qty                  Description
	  	Vendor
	                     Part/Spec
N°
	  	Remarks
		
	
    2                  
Engine
	  	INT AERO ENGINES AG
	                     IAEV2527M-A5
	  	

  

			
	AIRBUS	  	CONCESIONARIA VUELA COMPANIA DE
AVIACION
		
	SPECIFICATION CHANGE NOTICE	  	
		  	SCN Number     32Y72J0011939S2A
		  	Issue                   2
	(SCN)	  	Dated                  16-Jun-2006
		  	Page                    3 of 3

 Scope of change (FOR INFORMATION ONLY) 
 The Aircraft Flight Manual (AFM) and the Flight Crew Operating Manual (FCOM) shall be up-dated. Flight Management and Guidance Computer (FMGC) shall be pin-programmed. 

The installation of the IAE V2527M-A5 engine is subject to successful flight test and certification. 

  

			
	 FROM
 Marlene
EBERLE
	  	 TO

CONTROLADORA VUELA COMPANIA DE

AVIACION, S.A. DE C.V.

		
	 LOCATION DEPARTMENT 
 Hamburg / CCDGA
	  	Andrés FABRE
		
	 DATE 
 24th
April 2006
	  	 Technical Director 

andres.fabre@volaris.com

		
	 PHONE 
 +49 40
743 78771
	  	Fernando SUAREZ
		
	 FAX 
 +49 40 743
76056
	  	 Financial Director 

fernando suarez@volar.com.mx

		
	 E-MAIL 

marlene.eberle@airbus.com
	  	
		
	 REFERENCE 
 CCDGA
ME/me No. 334.0097/06
	  	

 Subject : Delivery schedule for the A319 Aircraft MSN 2771 — Issue 2 

Dear Sirs, 
 Further to your request, we would
like to inform you that delivery of the above mentioned Aircraft has been modified and is currently scheduled in ***** as follows: 
  

			
	Ground Checks on	  	*****
	Acceptance Flight on	  	*****
	Technical Acceptance Completion on	  	*****
	Transfer of Title on	  	*****

 Best regards 

Marlene EBERLE 
 Contracts Administration
Manager – Hamburg 
 NOTA: with the exception of the relevant Airworthiness Authorities representatives, access to the Aircraft
will be restricted to members of the delivery team who are your (Buyer’s) employees. Should you intend to delegate the technical acceptance in whole or in part to operators or other third parties, please be aware that a Participation Agreement
or a Delegation Letter to that effect will have to be consented to by Airbus prior to the start of the technical acceptance process. 
  

	Cc:	Eric SAHORES 

 Arturo BARREIRA

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

			
	 TO
 Fernando Suarez - CFO
	  	 FROM
 Matthieu
GOBERT

		
	 COMPANY 

Controladora Vuela Campania de Aviacion

S.A. de C.V. (“Volaris”)
	  	 LOCATION/DEPARTMENT 

CCDA

		
	 E-MAIL 

Femando.suarez@volaris.com.m
	  	 DATE 
 17
July 2006

		
		  	 PHONE 
 +33 (0)5 6193
3824

		
	 COPY 

Alfonso Ascencie – Volaris

Andres Fabre - Volaris
	  	 FAX 
 +33 (0)5 6193
3994

		
		  	 E-MAIL 

matthieu.gobert@airbus.com

		
		  	 OUR REFERENC 
 MG
336.1120/06

  

	Subject:	A320 Family Purchase Agreement dated October 28, 2005 (the “Agreement”) rescheduling of the A319 Aircraft Rank #4 and Rank #5 (the “Advanced
Aircraft”). 

 This is to formalize Airbus and Volaris agreement to reschedule two A319-100 Aircraft as specified
hereunder. 
 This Letter Agreement will become effective upon execution hereof and will formally amend the Agreement as further set out herein.

  

	1.	Rescheduling of the A319-100 Aircraft Rank #4 and Rank #5 

  

	1.1	Aircraft Types and Delivery Months 

 Airbus and
Volaris agree that the following A319-100 are rescheduled with new delivery dates as described hereunder: 
  

					
	 Contractual Rank
	 	 Current Del. Month
	 	 New Del. Month

	A319-100 #4	 	*****	 	*****
	A319-100 #5	 	*****	 	*****

 It is hereby agreed that the terms and conditions governing the sale and purchase of the Advanced Aircraft will be as
forth in the Agreement for the A319 Aircraft. 
  

	1.2	Pre-delivery Payments 

 With respect to the A319
Rank #4, Airbus hereby confirms having received Pre-delivery Payments in the amount of ***** (see exh. A hereto). 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Page 1/6

 With respect to the A319 Rank #5 Airbus hereby confirms having received Pre-delivery Payments in the amount
of ***** (see exh. A hereto). 
 Such Predelivery Payments will be applied as Predelivery Payments with respect to the Advanced Aircraft.

 As a result of the rescheduling, an amount of ***** will be due for each of the Advanced Aircraft respectively on ***** (see exh. A hereto).

 Regarding the delta between the due amount and received amount for each Pre-delivery payment already paid, the total amount to be paid by
Volaris on ***** is ***** (see exh. B hereto). 
  

	2.	Aircraft Definition 

 Airbus hereby
notifies and Volaris agrees that due to the industrial planning and advancement of the two Aircraft, the Advanced Aircraft will not be equipped with the ***** For the sake of clarity, the ***** to be delivered to Volaris starting from *****

  

	3.	Miscellaneous 

 The existing agreements
between Airbus and Volaris shall be deemed amended to the extent herein provided, and, except as specifically amended hereby, shall continue in full force and effect in accordance with their original terms. All capitalized terms not otherwise
defined herein shall have the meanings provided for in the existing agreements. 
 Please confirm your agreement on the above by countersigning
this letter as “agreed and accepted”. 
  

			
	Yours sincerely,	  	 Agreed and Accepted

Controladora Vuela Compania de Aviacion
 S.A. de
C.V

		
	 Matthieu Gobert
 Contracts
Administration Manager
	  	By:
		
	 CC:   Eric Sahores – Airbus S.A.S.

Arturo Barreira – Airbus S.A.S.
	  	Its:
		  	Date:

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Page 2/6

 Exhibit “A” 

- New Predelivery Payments Schedule - 

  
 Page 3/6

									
	 AIRBUS

CCDAT
	  	Simu : 03	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	12 Jul 2006
		  		  		  		  	 Page: 1

		  		  	 VOI - VOLARIS
	  		  	

 ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Page 4/6

 Exhibit “B” 

- Delta on Predelivery Payments paid - 

 ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

			
	 TO
 Fernando
Suarez—CFO
	  	 FROM
 Mathieu
GOBERT

		
	 COMPANY 

Controladora Vuela Campania de Aviacian S.A. de C.V. (“Volaris”)
	  	 LOCATION / DEPARTMENT 
 CCDA

		
	 E-MAIL 

Fernando.suarez@vvolaris.com.mx
	  	 DATE

27 July 2007

		
		  	 PHONE 
 +33 (0)5
6193 3824

		
	 COPY 
 Alfonso
Ascencio – Volaris
 Andres Fabre – Volaris
	  	 FAX 
 +33 (0)5
6193 3994

		
		  	 E-MAIL 

matthieu.gobert@airbus.com

		
		  	 OUR REFERENC 
 MG
336.0754/

  

	Subject:	A320 Family Purchase Agreement dated October 28, 2005 (the “Agreement”) rescheduling of the A319 Aircraft Rank #14 (the “Deferred
Aircraft”). 

 This is to formalize Airbus and Volaris agreement to reschedule one A319-100 Aircraft as specified
hereunder. 
 This Letter Agreement will become effective upon execution hereof and will formally amend the Agreement as further set out herein.

  

	1.	Rescheduling of the A319-100 Aircraft Rank #14 

  

	1.1	Aircraft Type and Delivery Month 

 Airbus and
Volaris agree that the following A319-100 is rescheduled with new Delivery Date as described hereunder: 
  

					
	 Contractual Rank
	 	 Current Del. Month
	 	 New Del. Month

	 A319-100 #14
	 	*****	 	*****

 It is hereby agreed that the terms and conditions governing the sale and purchase of the ***** will be set forth in the
Agreement for the A319 Aircraft. 
  

	1.2	Pre-delivery Payments 

 With respect to the A319
Rank #14, Airbus hereby confirms having received Pre-delivery Payments in the amount of ***** (see exh. A hereto). 
 Such Predelivery Payments
will be applied as Predelivery Payments with respect to the ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Page 1/2

 As a result of the rescheduling, an amount of ***** will be due for the Deferred Aircraft upon execution of
this Letter Agreement (see exh. B hereto). 
  

	2.	Miscellaneous 

 The existing agreements
between Airbus and Volaris shall be deemed amended to the extent herein provided, and, except as specifically amended hereby, shall continue in full force and effect in accordance with their original terms. All capitalized terms not otherwise
defined herein shall have the meanings provided for in the existing agreements. 
 Please confirm your agreement on the above by countersigning
this Letter Agreement as “agreed and accepted”. 
  

			
	Yours sincerely,	  	 Agreed and Accepted

Controladora Vuela Compania de Aviacion S.A.
 de
C.V.

		
	 Matthieu Gobert
 Contracts
Administration Manager
	  	By:
		
	 CC:    Eric Sahores – Airbus S.A.S

Arturo Barreira – Airbus S.A.S.
	  	Its:
		
		  	Date:

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Page 2/2

									
	 AIRBUS

CCDAT
	  	Exhibit “A”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	24 Jul 2007
		  		  		  		  	 Page: 1

		  		  	 VOI - VOLARIS
	  		  	

 ***** 
 - End -

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

									
	 AIRBUS

CCDAT
	  	Exhibit “B”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	24 Jul 2007
		  		  		  		  	Page: 1
		  		  	 VOI - VOLARIS
	  		  	

 ***** 
 - End -

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

			
	 TO
 Fernando
Suarez—CFO
	  	 FROM
 Matthieu
GOBERT

		
	 COMPANY 

Controiadora Vuela Campania de Aviacion S.A. de C.V. (“Volaris”)
	  	 LOCATION/DEPARTMENT 
 CCDA

		
	 E-MAIL 

Fernando.suarezvolaris.com.mx
	  	 DATE 
 27
July 2007

		
		  	 PHONE 
 +33 (0)5
6193 3824

		
	 COPY 
 Alfonso
Ascencia—Volaris
 Andres Fabre—Volaris
	  	 FAX 
 +33 (0)5
6193 3994

		
		  	 E-MAIL 

matthieu.gobert@airbus.com

		
		  	 OUR REFERENC 
 MG
336.0753/07

  

	Subject:	A320 Family Purchase Agreement dated October 28, 2005 (the “Agreement”) rescheduling of the A319 Aircraft Rank #10 (the “Advanced
Aircraft”). 

 This is to formalize Airbus and Volans agreement to reschedule one A319-100 Aircraft as specified
hereunder. 
 This Letter Agreement will become effective upon execution hereof and will formally amend the Agreement as further set out herein.

  

	1.	Rescheduling of the A319-100 Aircraft Rank #10 

 1.1 Aircraft Type and Delivery Month 
 Airbus and Volaris agree that the following A319-100 is
rescheduled with new Delivery Date as described hereunder 
  

					
	 Contractual Rank
	 	 Current Del. Month
	 	 New Del. Month

	 A319-100 #10
	 	*****	 	*****

 It is hereby agreed that the terms and conditions governing the sale and purchase of the Advanced Aircraft will be as set
forth in the Agreement for the A319 Aircraft. 
 1.2 Pre-delivery Payments 
 With respect to the A319 Rank#10, Airbus hereby confirms having received Pre-delivery Payments in the amount of ***** in cash (see exh. A hereto). 
 Such Predelivery Payments will be applied as Predelivery Payments with respect to the Advanced Aircraft. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Page 1/1

 As a result of the rescheduling, an amount of ***** will be due for the Advanced Aircraft upon execution of
this Letter Agreement (see exh. B hereto). 
  

	2.	Aircraft Definition 

 Airbus hereby
confirms that the Enhanced cabin and pylons will be embodied on the Advanced Aircraft. 
  

	3.	Miscellaneous 

 The existing agreements
between Airbus and Volaris shall be deemed amended to the extent herein provided, and, except as specifically amended hereby, shall continue in full force and effect in accordance with their original terms. All capitalized terms not otherwise
defined herein shall have the meanings provided for in the existing agreements. 
 Please confirm your agreement on the above by countersigning
this Letter Agreement as “agreed and accepted”. 
  

					
		
	Yours sincerely,	 	 Agreed and Accepted Controladora Vuela
 Compania de Aviacion S.A. de C.V.

			
	Matthieu Gobert	 	By:	 	 
	Contracts Administration Manager	 		 	
			
	 CC:    Eric Sahores – Airbus S.A.S
	 	Its:	 	 
	 Arturo Barreira – Airbus S.A.S
	 		 	
			
		 	Date:	 	 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  

									
	 AIRBUS

CCDAT
	  	Exhibit “A”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	24 Jul 2007
		  		  		  		  	Page: 1
		  		  	 VOI - VOLARIS
	  		  	

 ***** 

- End - 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

	

									
	 AIRBUS

CCDAT
	  	Exhibit “B”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	24 Jul 2007
		  		  		  		  	 Page: 1

		  		  	 VOI - VOLARIS
	  		  	

 ***** 
 - End -

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

			
	 TO

Fernando Suarez – CFO
	  	 FROM
 Matthieu
GOBERT

		
	 COMPANY 

Controiadora Vuela Compania de Aviacion S.A. de C.V. (“Volaris”)
	  	 LOCATION/DEPARTMENT 
 CSCDA

		
	 E-MAIL 

Fernando.suarez@volaris.com.mx
	  	 DATE 
 19
November 2007

		
		  	 PHONE 
 +33 (0)5
6193 3824

		
	 COPY 
 Alfonso
Ascencia – Volaris
 Andres Fabre – Volaris
	  	 FAX 
 +33 (0)5
6193 3994

		
		  	 E-MAIL 

matthieu.gobert@airbus.com

		
		  	 OUR REFERENCE 

MG 336.0753/07

  

	Subject:	A320 Family Purchase Agreement dated October 28, 2005 (the “Agreement”) Conversion and rescheduling of the A319-100 Aircraft Rank #12 of
March 2009 into one A320-200 Aircraft in October 2008 (the “Converted Aircraft”). 

Rescheduling of the A319-100 Aircraft Rank #13 (the “Postponed Aircraft”). 

This is to formalize Airbus and Volaris agreement to convert and reschedule two A319-100 Aircraft as specified hereunder. 

This Letter Agreement will become effective upon execution hereof and will formally amend the Agreement as further set out herein. 

 

	1.	Conversion and rescheduling A319-100 Aircraft Rank #12 

  

	1.1	Aircraft Type and Delivery Month 

 Airbus and
Volaris agree that the following A319-100 is converted and rescheduled with new Delivery Date as described hereunder: 
  

							
	 A/C Rank
	 	 Cac Id
	 	 Current Aircraft Type and

Delivery Month
	 	 New Aircraft Type and

Delivery Month

	 12
	 	209851	 	A319-100—*****	 	A320-200n *****

 It is hereby agreed that the terms and conditions governing the sale and purchase of the Advanced Aircraft will be as set
forth in the Agreement for the A320 Aircraft. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

	

  
 Page
1/1 

	1.2	Pre-delivery Payments 

 With respect to the A319
Rank #12, Airbus hereby confirms having received Pre-delivery Payments in the amount of ***** in cash (see exhibit “A hereto). 
 Such
Predelivery Payments will be applied as Predelivery Payments with respect to the Converted Aircraft. 
 As a result of the conversion and
rescheduling, an amount of ***** will be due for the Converted Aircraft upon execution of this Letter Agreement (see exhibit “B” hereto). 
  

	2.	Rescheduling of the A319-100 Aircraft Rank #13 

  

	2.1	Aircraft Type and Delivery Month 

 Airbus and
Volaris agree that the following A319-100 is rescheduled with new Delivery Date as described hereunder. 
  

							
	 A/C Rank
	 	 Cac Id
	 	 Current Delivery Month
	 	 New Delivery Month

	 13
	 	209852	 	*****	 	*****

 It is hereby agreed that the terms and conditions governing the sale and purchase of the Postponed Aircraft will be as
set forth in the Agreement for the A320 Aircraft. 
  

	2.2	Pre-delivery Payments 

 With respect to the A319
Rank #13, Airbus hereby confirms having received Pre-delivery Payments in the amount of ***** in cash (see exhibit “C” hereto). 

Such Predelivery Payments will be applied as Predelivery Payments with respect to the Postponed Aircraft. 

As a result of the conversion and rescheduling, an amount of ***** will be due for the Postponed Aircraft upon execution of this Letter Agreement (see
exhibit “D” hereto). 
  

	3.	Aircraft Definition 

 Airbus hereby
confirms that the Enhanced cabin and pylons will be embodied on the Advanced and on the Postponed Aircraft. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

	4.	Miscellaneous 

 The existing agreements
between Airbus and Volans shall be deemed amended to the extent herein provided, and, except as specifically amended hereby, shall continue in full force and effect in accordance with their original terms. All capitalized terms not otherwise defined
herein shall have the meanings provided for in the existing agreements. 
 Please confirm your agreement on the above by countersigning this
Letter Agreement as “agreed and accepted”. 
  

					
	Yours sincerely,	 	 Agreed and Accepted

Controladora Vuela Compania de Aviacion
 S.A. de
C.V.

			
	Matthieu Gobert	 	By:	 	 
	Contracts Administration Manager	 		 	
			
	CC: Eric Sahores – Airbus S.A.S	 	Its:	 	 
	Arturo Barreira – Airbus S.A.S	 		 	
		 	Date:	 	 

									
	AIRBUS
CCDAT	    	Exhibit “A”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	19 Nov 2007
		    		  		  		  	Page: 1
		    		  	VOI - VOLARIS	  		  	

 ***** 
 - End -

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

									
	AIRBUS
CCDAT	  	Exhibit “B”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	19 Nov 2007
		  		  		  		  	Page: 1
		  		  	VOI - VOLARIS	  		  	

 ***** 
 - End -

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

									
	 AIRBUS

CCDAT
	  	Exhibit “C”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	19 Nov 2007
		  		  		  		  	 Page: 1

		  		  	VOI - VOLARIS	  		  	

 ***** 
 - End -

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

									
	 AIRBUS

CCDAT
	  	Exhibit “D”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	19 Nov 2007
		  		  		  		  	 Page: 1

		  		  	VOI - VOLARIS	  		  	

 ***** 
 - End -

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

			
	 TO
 Fernando
Suarez – CFO
	  	 FROM
 Matthieu
GOBERT

		
	 COMPANY 

Controiadora Vuela Compania de Aviacion S.A. de C.V.
 (“Volaris”)
	  	 LOCATION/DEPARTMENT 
 CSCDA

		
	 E-MAIL 

Fernando.suarez@volaris.com.mx
	  	 DATE 
 23 January
2008

		
		  	 PHONE 
 +33 (0)5
6193 3824

		
	 COPY 
 Alfonso
Ascencio – Volaris
 Andres Fabre – Volaris
	  	 FAX 
 +33 (0)5
6193 3994

		
		  	 E-MAIL 

matthieu.gobert@airbus.com

		
		  	 OUR REFERENCE 

MG 336.0753/08

  

	Subject:	A320 Family Purchase Agreement dated October 28, 2005 (the “Agreement”) rescheduling of the A319 aircraft Rank #11 (the “Advanced
Aircraft”). 

 This is to formalize Airbus and Volaris agreement to reschedule one A319-100 Aircraft as specified
hereunder. 
 This Letter Agreement will become effective upon execution hereof and will formally amend the Agreement as further set out herein.

  

	1.	Rescheduling of the A319-100 Aircraft Rank #11 

  

	1.1	Aircraft Type and Delivery Month 

 Airbus and
Volaris agree that the following A319-100 is rescheduled with new Delivery Date as described hereunder: 
  

					
	 Contractual Rank
	 	 Current Del. Month
	 	 New Del. Month

	 A319-100 #11
	 	*****	 	*****

 It is hereby agreed that the terms and conditions governing the sale and purchase of the Advanced Aircraft will be as set
forth in the Agreement for the A320 Aircraft. 
  

	1.2	Pre-delivery Payments 

 With respect to the A319
Rank #11, Airbus hereby confirms having received Pre-delivery Payments in the amount of ***** in cash (see exh.A hereto) 
 Such Predelivery
Payments will be applied as Predelivery payments with respect to the Advanced Aircraft. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Page
1/1 

 As a result of the rescheduling, Airbus has received an overdue payment of an amount of ***** Such overdue
payment will be applied against the next Predelivery Payment due by Volaris under the PDP Schedule applicable to the Advanced Aircraft (see exh. B hereto). 
 As a consequence, en amount of ***** will be due for the Advanced Aircraft on May 01st, 2008 (see exh. B hereto). 
  

	2.	Miscellaneous 

 The existing agreements
between Airbus and Volaris shall be deemed amended to the extent herein provided, and, except as specifically amended hereby, shall continue in full force and effect in accordance with their original terms. All capitalized terms not otherwise
defined herein shall have the meanings provided for in the existing agreements. 
 Please confirm your agreement on the above by countersigning
this Letter Agreement as “agreed and accepted”. 
  

					
	Yours sincerely,	 	 Agreed and Accepted

Controladora Vuela Compania de Aviacion
 S.A. de
C.V.

			
	Matthieu Gobert	 	By:	 	 
	Contracts Administration Manager	 		 	
			
	 CC:    Eric Sahores – Airbus S.A.S
	 	Its:	 	 
	 Arturo Barreira – Airbus S.A.S
	 		 	
			
		 	Date:	 	 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 Page
2/2 

									
	AIRBUS
CCDAT	    	Exhibit “A”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	23 Jan 2007
		    		  		  		  	Page: 1
		    		  	VOI - VOLARIS	  		  	

 ***** 
 - End -

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

									
	 AIRBUS

CCDAT
	  	Exhibit “B”	  	PREDELIVERY PAYMENT SCHEDULE PER AIRCRAFT (in USD)	  	 	  	23 Jan 2007
		  		  		  		  	 Page: 1

		  		  	 VOI - VOLARIS
	  		  	

 ***** 
 - End -

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

 AMENDMENT N° 1 

TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 BETWEEN 
 AIRBUS S.A.S. 

as “Seller” 
 AND 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN,
S.A.P.I. de C.V. 
 as “Buyer” 
 Reference: 337.0029/07 

  
 1/1

 CONTENTS 

 

			
	 CLAUSES
	  	 TITLES

		
	1	  	*****
		
	2	  	PREDELIVERY PAYMENTS
		
	3	  	CUSTOMER SUPPORT
		
	4	  	 CONDITIONS APPLICABLE TO THE *****
 AIRCRAFT

		
	5	  	*****
		
	6	  	ENTRY INTO FORCE
		
	7	  	MISCELLANEOUS PROVISIONS

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 2/2

 AMENDMENT N° 1 TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 This Amendment N° 1 (hereinafter referred to as the “Amendment N° 1”) is entered into as of the
                     day of June 2007 

BETWEEN: 
 AIRBUS S.A.S., a
société par actions simplifiée, legal successor of Airbus S.N.C., formerly known as Airbus G.I.E. [and Airbus Industrie G.I.E.] created and existing under French law having its registered office at 1 Rond-Point Maurice
Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814 (the “Seller”), 
 and 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. DE C.V. a company
organised under the laws of Mexico having its principal place of business at Prolongación Paseo de la Reforma 490, Primer Pisa, Colonia Santa Fe Peña Blanca, Código Postal 01210, Delegación Álvaro Obregón,
Mexico, D.F Mexico (the “Buyer”). 
 Together the “Parties” 

WHEREAS: 
  

	 	A.	 The Buyer and the Seller entered into an A320 Family Purchase Agreement dated the 28th October 2005 for the sale by the Seller and the purchase by the Buyer of sixteen (16) A320 Family Aircraft
(thereinafter together with its Exhibits and Letter Agreements referred to as the “Agreement”). 

  

	 	B.	The Buyer and the Seller wish to amend certain provisions of the Agreement as per the terms of this Amendment N° 1. 

 

	 	C.	It is understood that the Amendment N° 1, upon execution thereof, shall constitute an integral and non-severable part of the Agreement and that all terms and
conditions of the Agreement shall apply to this Amendment N° 1, unless otherwise agreed upon herein. 

  

	 	D.	Capitalized terms used herein and not otherwise defined will have the meaning assigned to them in the Agreement. The terms “herein”, “hereof and
“hereunder” and words of similar import refer to this Amendment N° 1. 

  
 3/3

 NOW, THEREFORE, IT IS AGREED AS FOLLOWS: 

 

	1.	***** Aircraft Rights 

  

	1.1	Following the decision of Buyer to exercise its right to purchase a number of ***** the Seller hereby agrees to manufacture, sell and deliver and the Buyer shall buy
and take delivery of fourteen (14) additional A319 Aircraft (for the purpose of this Amendment No.1, the ***** Aircraft”) upon the terms and conditions set out in the Agreement. Such Incremental Aircraft shall be referred to
individually as Aircraft N° 17 to Aircraft N° 30 respectively. 

  

	1.2	Sub-Clause 9.1.1 of the Agreement is hereby amended by addition of the following Scheduled Delivery Months for each of the Incremental Aircraft

 QUOTE 
  

			
	“Aircraft N°	 	Scheduled Delivery Month
	 Aircraft N° 17
	 	*****
	 Aircraft N° 18
	 	*****
	 Aircraft N° 19
	 	*****
	 Aircraft N° 20
	 	*****
	 Aircraft N° 21
	 	*****
	 Aircraft N° 22
	 	*****
	 Aircraft N° 23
	 	*****
	 Aircraft N° 24
	 	*****
	 Aircraft N° 25
	 	*****
	 Aircraft N° 26
	 	*****
	 Aircraft N° 27
	 	*****
	 Aircraft N° 28
	 	*****
	 Aircraft N° 29
	 	*****
	 Aircraft N° 30
	 	*****

 UNQUOTE 
  

	2.	Predelivery Payments 

Upon approval by the board of the Buyer of this Amendment N° 1, as set forth in Clause 6(ii) of this Amendment No. 1, the
Buyer shall pay the first Predelivery Payment due, pursuant to Clause 5.3.2 of the Agreement ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 4/4

	3.	Customer Support and Training 

  

	3.1	Unless otherwise expressly stipulated herein, the terms and conditions applicable for the customer support and training to the Aircraft under the Agreement on a per
Aircraft basis, shall apply to the *****Aircraft. 

  

	3.2	In accordance with the provisions as set forth in Clause 15.1 of the Agreement, the Seller hereby grants to the Buyer ***** of Customer Support Representative
services. Consequently the number of Customer Support Representative services set out in Clause 1 of the Appendix A to Clause 15 of the Agreement shall be hereby ***** 

 

	3.3	The Seller shall provide revision service ***** Aircraft. 

  

	3.4	The Seller shall provide ***** Consequently the period of ***** revision services set out in Clause 14.5 of the Agreement shall be ***** 

 

	3.5	The Seller hereby agrees to provide to Buyer, ***** for the *****Aircraft and ***** Aircraft as defined in the Agreement and up to ***** Airbus *****, on a ***** For
the sake of clarity, the Seller grants the Buyer, during a ***** the ***** Airbus aircraft in operation. 

 LPC is
an Airbus software provided in digital media form enabling the Buyer to consult Airbus Aircraft performance programs and the operational Technical Data for the Airbus Aircraft. 

 

	3.6	The Seller hereby grants to Buyer ***** of maintenance training ***** for the Buyer personnel. Consequently the number of maintenance training days set out in
Clause 2.1 of Appendix A to Clause 16 of the Agreement shall be ***** maintenance training days. 

  

	3.7	The Seller hereby agrees to ***** the ***** Aircraft ***** Consequently the period of ***** revision services set out in Clause 2 to Letter Agreement No. of the
Agreement shall be ***** 

  

	3.8	The Seller shall provide to the Buyer ***** training ***** of the Buyer’s ***** Consequently the number of Buyer ***** training set out in Clause 1.3 of
Appendix A to Clause 16 of the Agreement shall be ***** 

  

	3.9	The Seller shall provide to the Buyer *****/***** for the Buyer’s personnel. Consequently the number of trainee days of ***** training set out in Clause 1.4.1
of Appendix A to Clause 16 of the Agreement shall be ***** maintenance training days. 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 5/5

	3.10	The Seller shall provide to the Buyer transition type rating instructor training (transition or CCQ, as applicable) ***** of the Buyer’s flight instructors.

  

	3.11	For the avoidance of doubt, all quantities of customer support and training indicated above are the total quantities granted for the ***** Aircraft covered by this
Amendment No.1, unless otherwise specified. 

  

	4.	Conditions applicable to Incremental Aircraft 

 All of the terms and conditions of the Agreement (as they are modified by this Amendment No.1 and any letter agreements hereto), shall apply to the ***** Aircraft. 

In case of any inconsistency between this Amendment N° 1 and the Agreement, this Amendment N° 1 shall prevail. 

 

	5.	***** 

 In accordance
with the provisions as set forth in Clause 6 of Letter Agreement N° 3 ***** to the Agreement, the Seller hereby grants to the Buyer ***** Aircraft (the ***** Aircraft”) upon exercise of the ***** Aircraft, 

The Decision Dates of the ***** Aircraft are the first Business Day of the following months: 

*****    ***** Aircraft 
 *****    ***** Aircraft 
 *****    *****
Aircraft 
 For the avoidance of doubt, all other provisions set out in Clauses 2 and 3 of Letter Agreement N°3 to the
Agreement shall be applicable to the ***** Aircraft. 
  

	6.	Entry into force 

 This
Amendment N° 1 shall enter into force and be binding on the parties upon satisfaction of the three following conditions precedent: 
  

	 	(i)	signature by the Buyer and the Seller of this Amendment N° 1 in two originals; 

 

	 	(ii)	approval by the board of the Buyer with respect to this Amendment N° 1; and notification of such approval by the Buyer to the Seller; and 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 6/6

	 	(iii)	receipt by the Seller of the Predelivery Payment referred to in Clause 2 of this Amendment N° 1. 

Upon satisfaction of the condition precedent in (i) above, and in consideration of the Seller reserving for the Buyer the terms and
conditions, including the delivery positions, stated in this Amendment N° 1 until the Expiry Date, the Buyer shall pay ***** of this Amendment N° 1, a ***** commitment fee in an amount of ***** for each of the ***** Aircraft (the
“Commitment Fee”). The Commitment Fee shall be credited against the Predelivery Payment referred to in Clause 2 of this Amendment N° 1 for the respective Incremental Aircraft. 

If the above three conditions are not fulfilled on or before August 15, 2007 (the “Expiry Date”), and unless
otherwise agreed in writing, the Buyer and the Seller shall have no obligation or liability to the other, whether in contract, tort or otherwise in respect of this Amendment N° 1, except that the Seller shall in such circumstances be entitled to
retain the Commitment Fee referred to in the above paragraph. 
  

	7.	Miscellaneous Provisions 

This Amendment N° 1 together with the Agreement, its Exhibits and Letter Agreements contain the entire agreement between the parties
with respect to the subject matter hereof and supersede any previous understandings, commitments, or representations whatsoever, whether oral or written, with respect to such subject matter. 

This Amendment N° 1 is executed in two original English counterparts, each of which is an original and both of which together
evidence the same agreement. This Amendment N° I shall not be varied or modified except by an instrument in writing executed by both parties or by their duly authorised representatives. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 7/7

 IN WITNESS WHEREOF this Amendment N° 1 was entered into the day and year first above written.

  

					
	Agreed and accepted	 		 	Agreed and accepted
			
	 For and on behalf of 
  

CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN S.A.P.I. de C V.
	 		 	 For and on behalf of 
  

AIRBUS S.A.S.

			
	 	 		 	      

	Name:	 		 	Name:
	Its:	 		 	Its:

  
 8/8

 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V.  

Prolongación Paseo de la Reforma 490, 

Primer Piso, Colonia Santa Fe Peña Blanca, 

Código Postal 01210, Delegacion Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT: CONDITIONS APPLICABLE TO ***** AIRCRAFT N° 17 to 30 

CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. de C.V. (the “Buyer”) and AIRBUS S.A.S.
(the “Seller”) have entered into a Purchase Agreement dated 28th October 2005 (the “Agreement”) and an Amendment N° 1 (the “Amendment N° 1”) dated as of even date herewith which covers the manufacture and the sale by the
Seller and the purchase by the Buyer of the A320 Family Aircraft as described in the Agreement. 
 Capitalized terms used herein and not
otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement. 
 Both parties agree that this Letter
Agreement, upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Page
2/2 

	1.	In consideration of the Buyer purchasing and taking delivery of the ***** Aircraft, the Seller is pleased to confirm that all of the credit memoranda provided to
Buyer in Letter Agreement N° 1 to the Agreement with respect to A319-100 Aircraft shall apply to each of the ***** Aircraft. 

  

	2.	***** Aircraft ***** 

The Seller shall grant to the Buyer with respect to each Incremental Aircraft an additional credit memorandum (the ***** Aircraft
*****) amounting to: 
 ***** 
 ***** 
 The ***** Aircraft ***** of each of the ***** Aircraft. 

The ***** Aircraft ***** Clause 4.1 of the Agreement ***** 

At the option of the Buyer, the ***** Aircraft ***** 
  

	3.	***** 

 The Seller shall
grant to the Buyer with respect to each ***** Aircraft a ***** amounting to: 
 For A319 Aircraft: 

***** 
 *****

 For A320 Aircraft: 
 ***** 
 ***** 

The ***** 
 The
***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Page
3/3 

 ***** Aircraft in accordance with the Price Revision Formula set forth in Clause 4.1
of the Agreement (as amended by Letter Agreement N° 7 thereto). 
 At the option of the Buyer, the Fleet Increase ***** may
be applied at Delivery of ***** Aircraft against the Final Price of such Incremental Aircraft or may be used for the purchase of goods and services from the Seller and/or its subsidiaries. 

 

	4.	Price Revision Protection 

***** 
  

	5.	***** 

  

	5.1	The following definition shall apply with regard to this clause 5: 

 Backlog Aircraft means, in relation to the Agreement, the firmly ordered Aircraft N° 7 through to N° 16. 
  

	5.2	The Seller shall make available to the Buyer ***** (the *****) amounting to: 

 ***** 
 ***** 

The terms and conditions for the utilization of the Backlog Aircraft Fund are specified in Clauses 5.3, 5.4, and 5.5 hereafter.

  

	5.3	Availability of the Backlog Aircraft Fund 

 From the available balance of the Backlog Aircraft Fund, at Delivery to the Buyer of each of the Backlog Aircraft the Seller shall grant the Buyer a fleet harmonization credit (the “Fleet
Harmonization Credit”) of ***** 
 The ***** For any Backlog Aircraft delivered ***** as defined in Clause 2 of
this Amendment No. 1. 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Page
4/4 

 ***** Backlog Aircraft, ***** of a Backlog Aircraft, the Buyer shall be entitled to *****

 The ***** of the Agreement ***** 
 Each time a ***** 
  

	5.4	***** 

  

	5.5	If the Agreement is terminated by the Seller due to a default by the Buyer and as a result the Buyer fails to take Delivery of the ***** Aircraft as defined in
Amendment N° 1 to the Agreement, then ***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 Page
5/5 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the space
provided below and return one (1) original of this Letter Agreement to the Seller. 
  

					
	Agreed and accepted	 		  	Agreed and accepted
			
	 For and on behalf of 
  

CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, S.A.P.I. de C.V.
	 		  	 For and on behalf of 
  

AIRBUS S.A.S. 

			
	 	 		  	      

	Name	 		  	Name
			
	Title	 		  	Title
			
	Date	 		  	Date

  
 Page
6/6 

 AMENDMENT N° 2 

TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 BETWEEN 
 AIRBUS S.A.S. 

as “Seller” 
 AND 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN,
S.A.P.I. de C.V. 
 as “Buyer” 
 Reference: CT0801717 

  
 1/1

 C O N T E N T S 

 

			
	 CLAUSES    
	  	 TITLES

	1	  	CHANGE OF DELIVERY DATES
		
	2	  	PREDELIVERY PAYMENTS
		
	3	  	MISCELLANEOUS PROVISIONS

  
 2/2

 AMENDMENT N° 2 TO THE  

A320 FAMILY PURCHASE AGREEMENT 
 This Amendment N° 2 (hereinafter referred to as the “Amendment No.2”) is entered into as of the             day of
July 2008 
 BETWEEN: 

AIRBUS S.A.S., a société par actions simplifiée, legal successor of Airbus S.N.C., formerly known as Airbus G.I.E. [and
Airbus Industrie G.I.E.] created and existing under French law having its registered office at 1 Rond-Point Maurice Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474
814 (the “Seller”), 
 and 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. DE C.V. a company organised under the laws of Mexico having its principal place of business at Prolongación Paseo de la
Reforma 490, Primer Piso, Colonia Santa Fe Peña Blanca, Código Postal 01210, Delegación Álvaro Obregón, Mexico, D.F. Mexico (the “Buyer”). 
 Together the “Parties” 
 WHEREAS: 

 

	 	A.	 The Buyer and the Seller entered into an A320 Family Purchase Agreement dated the 28th October 2005 for the sale by the Seller and the purchase by the Buyer of sixteen (16) A320 Family Aircraft
(thereinafter together with its Exhibits and Letter Agreements referred to as the “Agreement”). 

  

	 	B.	 The Buyer and the Seller have entered into an Amendment No.1 to the A320 Family Purchase Agreement dated the 22nd June 2007 (the “Amendment No.1”) to amend
certain provisions of the Agreement 

  

	 	C.	The Buyer and the Seller wish to enter into Amendment No.2 to the Purchase Agreement to advance the Delivery Dates of Aircraft Nos. 13 and 14.

  

	 	D.	It is understood that Amendment N° 2, upon execution thereof, shall constitute an integral and non-severable part of the Agreement and that all terms and
conditions of the Agreement shall apply to this Amendment N° 2, unless otherwise agreed upon herein. 

  
 3/3

	 	E.	Capitalized terms used herein and not otherwise defined will have the meaning assigned to them in the Agreement. The terms “herein”, “hereof and
“hereunder” and words of similar import refer to this Amendment N° 2. 

 NOW, THEREFORE, IT IS AGREED AS FOLLOWS:

  

	1.	Advancement of Delivery Dates 

 The Buyer and the Seller wish to advance the Delivery Dates of the Aircraft below: 
  

							
	 Aircraft No.
	 	 Aircraft CAC ID
	 	 Previous Delivery Date
	 	 New Delivery Date

	 13
	 	209852	 	*****	 	*****
	 14
	 	209853	 	*****	 	*****

  

	2.	Predelivery Payments 

***** 
  

	3.	Miscellaneous Provisions 

This Amendment N° 2 together with the Agreement, its Exhibits and Letter Agreements contain the entire agreement between the parties
with respect to the subject matter hereof and supersede any previous understandings, commitments, or representations whatsoever, whether oral or written, with respect to such subject matter. 

This Amendment N° 2 is executed in two original English counterparts, each of which is an original and both of which together
evidence the same agreement. This Amendment N° 2 shall not be varied or modified except by an instrument in writing executed by both parties or by their duly authorised representatives. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 4/4

 IN WITNESS WHEREOF this Amendment N° 2 was entered into the day and year first above written.

  

					
	Agreed and accepted	 		  	Agreed and accepted
			
	 For and on behalf of 
  

CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, S.A.P.I. de C.V.
	 		  	 For and on behalf of 
  

AIRBUS S.A.S.

			
	 	 		  	  

	Name:	 		  	Name:
	Its:	 		  	Its:

  
 5/5

 AMENDMENT N° 3 

TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 BETWEEN 
 AIRBUS S.A.S. 

as “Seller” 
 AND 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN,
S.A.P.I. de C.V. 
 as “Buyer” 
 Reference: CT0803484 

  
 1/1

 C O N T E N T S 

 

			
	 CLAUSES
	  	 TITLES

	 1
	  	CHANGE OF DELIVERY DATES
		
	 2
	  	PREDELIVERY PAYMENTS
		
	 3
	  	MISCELLANEOUS PROVISIONS

  
 2/2

 AMENDMENT N° 3 TO THE  

A320 FAMILY PURCHASE AGREEMENT 
 This Amendment N° 3 (hereinafter referred to as the “Amendment N° 3”) is entered into as of the             day of
January 2009. 
 BETWEEN: 

AIRBUS S.A.S., a société par actions simplifiée, created and existing under French law having its registered office at
1 Rond-Point Maurice Beilonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814 (the “Seller”), 
 and 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A. DE C.V. a company
organised under the laws of Mexico having its principal place of business at Prolongación Paseo de la Reforma 490, Primer Piso, Goiania Santa Fe Peña Blanca, Código Postal 01210, Delegación Alvaro Obregón, Mexico,
D.F. Mexico (the “Buyer”). 
 Together the “Parties” 
 WHEREAS: 
  

	 	A.	 The Buyer and the Seller entered into an A320 Family Purchase Agreement dated the 28th October 2005 for the sale by the Seller and the purchase by the Buyer of sixteen (16) A320 Family Aircraft
(thereinafter together with its Exhibits and Letter Agreements referred to as the “Agreement”). 

  

	 	B.	 The Buyer and the Seller have entered into an Amendment No.1 to the A320 Family Purchase Agreement dated the 22nd June 2007 (the “Amendment No.1”) to amend
certain provisions of the Agreement 

  

	 	C.	 The Buyer and the Seller have entered into an Amendment No.2 to the A320 Family Purchase Agreement dated the 11th July 2008 (the “Amendment No.2”) to amend
certain provisions of the Agreement 

  

	 	D.	The Buyer and the Seller wish to enter into Amendment No 3 to the Agreement to defer the Scheduled Delivery Months of Aircraft Nos. 13, 14, 15 and 16.

  

	 	E.	It is understood that Amendment N° 3, upon execution thereof, shall constitute an integral and non-severable part of the Agreement and that all terms and
conditions of the Agreement shall apply to this Amendment N° 3, unless otherwise agreed upon herein. 

  
 3/3

	 	F.	Capitalized terms used herein and not otherwise defined will have the meaning assigned to them in the Agreement. The terms “herein”, “hereof”
and “hereunder” and words of similar import refer to this Amendment N° 3. 

 NOW, THEREFORE, IT IS AGREED AS
FOLLOWS: 
  

	1.	Deferral of Delivery Dates 

 The Buyer and the Seller wish to defer the Scheduled Delivery Months of the Aircraft below: 
  

							
	 Aircraft No.
	 	 Aircraft CAC ID
	 	 Previous Scheduled Delivery Months
	 	 New Scheduled Delivery Months

	13	 	209852	 	*****	 	*****
	14	 	209853	 	*****	 	*****
	15	 	209854	 	*****	 	*****
	16	 	209855	 	*****	 	*****

  

	2.	Predelivery Payments 

  

	2.1	***** 

  

	2.2	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 4/4

 ***** 
  

	3.	Miscellaneous Provisions 

This Amendment N° 3 together with the Agreement, its Exhibits and Letter Agreements contain the entire agreement between the parties
with respect to the subject matter hereof and supersede any previous understandings, commitments, or representations whatsoever, whether oral or written, with respect to such subject matter. 

This Amendment N° 3 is executed in two original English counterparts, each of which is an original and both of which together
evidence the same agreement. This Amendment N° 3 shall not be varied or modified except by an instrument in writing executed by both parties or by their duly authorised representatives. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 5/5

 IN WITNESS WHEREOF this Amendment N°3 was entered into the day and year first above written. 

 

					
	Agreed and accepted	 		  	Agreed and accepted
			
	 For and on behalf of 
  

CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, S.A.P.I. de C.V.
	 		  	 For and on behalf of 
  

AIRBUS S.A.S.

			
	 	 		  	  

	Name:	 		  	Name:
	Its:	 		  	Its:

  
 6/6

 EXHIBIT A 
 Reallocation of Excess Payment US$ 
  

	 	1)	Non financed portion 

 ***** 

 

	 	2)	Financed portion 

 ***** 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 7/7

 AMENDMENT N° 4 

TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 BETWEEN 
 AIRBUS S.A.S. 

as “Seller” 
 AND 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN,
S.A.P.I. de C.V. 
 as “Buyer” 
 Reference: CT0903591 

  
 1/1

 AMENDMENT N° 4 TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 This Amendment N° 4 (hereinafter referred to as the “Amendment N° 4”) is entered into as of the 28th day of October 2010. 
 BETWEEN: 
 AIRBUS S.A.S., a société par actions
simplifiée, created and existing under French law having its registered office at 1 Rond-Point Maurice Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474
814 (the “Seller”), 
 and 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.P.I. DE C.V. a company organised under the laws of Mexico having its principal place of business at Prolongación Paseo de la
Reforma 490, Primer Piso, Colonia Santa Fe Peña Blanca, Código Postal 01210, Delegación Alvaro Obregón, Mexico, D.F. Mexico (the “Buyer”). 
 Together the “Parties” 
 WHEREAS: 

 

	 	A.	 The Buyer and the Seller entered into an A320 Family Purchase Agreement dated the 28th October 2005 for the sale by the Seller and the purchase by the Buyer of sixteen (16) A320 Family Aircraft
(thereinafter together with its Exhibits and Letter Agreements referred to as the “Agreement”). 

  

	 	B.	 The Buyer and the Seller have entered into an Amendment No.1 to the A320 Family Purchase Agreement dated the 22nd June 2007 (the “Amendment No.1”) to amend
certain provisions of the Agreement. 

  

	 	C.	 The Buyer and the Seller have entered into an Amendment No.2 to the A320 Family Purchase Agreement dated the 11th July 2008 (the “Amendment No.2”) to amend
certain provisions of the Agreement. 

  

	 	D.	 The Buyer and the Seller have entered into an Amendment No.3 to the A320 Family Purchase Agreement dated the 30th January 2009 (the “Amendment No.3”) to amend
certain provisions of the Agreement. 

  
 2/2

	 	E.	The Buyer and the Seller wish to enter into Amendment No.4 to the Agreement to amend certain provisions of the Agreement. 

 

	 	F.	It is understood that Amendment N° 4, upon execution thereof, shall constitute an integral and non-severable part of the Agreement and that all terms and
conditions of the Agreement shall apply to this Amendment N° 4, unless otherwise agreed upon herein. 

  

	 	G.	Capitalized terms used herein and not otherwise defined will have the meaning assigned to them in the Agreement. The terms “herein”, “hereof’
and “hereunder” and words of similar import refer to this Amendment N° 4. 

 NOW, THEREFORE, IT IS AGREED AS
FOLLOWS: 
  

	1.	Aircraft bearing rank numbers 15 and 16: 

  

	1.1	Aircraft Type Conversion 

Pursuant to the Buyer’s request to convert the aircraft type of Aircraft bearing rank numbers 15 and 16 and advance the Scheduled
Delivery Month of Aircraft bearing rank number 15, the Parties hereby agree that the aircraft type of Aircraft with rank numbers 15 and 16, and Scheduled Delivery Month of Aircraft bearing rank number 15 shall hereby be amended as set out in the
table here below: 
  

									
	 Rank

numbers
	 	 Original

Aircraft

type
	 	 Revised

Aircraft

type
	 	 Original

Scheduled

Delivery Months
	 	 Revised

Scheduled

Delivery Month

	 15
	 	A319-100	 	A320-200	 	*****	 	*****
	 16
	 	A319-100	 	A320-200	 	*****	 	*****

 It is furthermore agreed by the Parties that the provisions and obligations set forth in clause 1 to
letter agreement No.4 to the Agreement for Aircraft with rank numbers 15 and 16 shall herewith be considered fulfilled in their entirety and neither Party shall have any further rights and or obligations under clause 1 to letter agreement No.4 to
the Agreement toward the other Party with respect thereto. 
  

	1.2	Predelivery Payments: 

 The
Parties hereby agree that upon signature of this Amendment N° 4, the Buyer shall with respect to the Aircraft with rank numbers 15 and 16, ***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 3/3

	2.	Miscellaneous Provisions 

This Amendment N° 4 together with the Agreement, its Exhibits and Letter Agreements contain the entire agreement between the Parties
with respect to the subject matter hereof and supersede any previous understandings, commitments, or representations whatsoever, whether oral or written, with respect to such subject matter. 

This Amendment N° 4 is executed in two original English counterparts, each of which is an original and both of which together
evidence the same agreement. This Amendment N° 4 shall not be varied or modified except by an instrument in writing executed by both Parties or by their duly authorised representatives. 

  
 4/4

 IN WITNESS WHEREOF this Amendment N° 4 was entered into the day and year first above written.

  

					
	Agreed and accepted	 		  	Agreed and accepted
			
	 For and on behalf of 
  

CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, S.A.P.I. de C.V.
	 		  	 For and on behalf of 
  

AIRBUS S.A.S.

			
	 	 		  	  

	Name:	 		  	Name:
	Its:	 		  	Its:
			
	 	 		  	
	Name:	 		  	
	Its:	 		  	

  
 5/5

 AMENDMENT N° 5 

TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 BETWEEN 
 AIRBUS S.A.S. 

as “Seller” 
 AND 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN,
S.A.P.I. de C.V. 
 as “Buyer” 
 Reference: CT003484 

  
 1/1

 C O N T E N T S 

 

			
	 CLAUSES
	    	 TITLES

	 1
	    	PREDELIVERY PAYMENTS
		
	 2
	    	AIRCRAFT BEARING RANK NUMBERS 29 AND 30
		
	 3
	    	CERTIFICATION FOR AUTOLAND CAPABILITY TO 9,200ft
		
	 4
	    	***** CUSTOMER SUPPORT
		
	 5
	    	MISCELLANEOUS PROVISIONS

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 2/2

 AMENDMENT N° 5 TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 This Amendment N° 5 (hereinafter referred to as the “Amendment N° 5”) is entered into as of the              day of
December 2010. 
 BETWEEN: 

AIRBUS S.A.S., a société par actions simplifiée, created and existing under French law having its registered office at
1 Rond-Point Maurice Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814 (the “Seller”), 
 and 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.P.I. de C.V. a
company organised under the laws of Mexico having its principal place of business at Prolongación Paseo de la Reforma 490, Primer Piso, Colonia Santa Fe Peña Blanca, Código Postal 01210, Delegación Álvaro
Obregón, Mexico, D.F. Mexico (the “Buyer”). 
 Together the “Parties” 

WHEREAS: 
  

	 	A.	 The Buyer and the Seller entered into an A320 Family Purchase Agreement dated the 28th October 2005 for the sale by the Seller and the purchase by the Buyer of sixteen (16) A320 Family Aircraft
(thereinafter together with its Exhibits and Letter Agreements referred to as the “Agreement”). 

  

	 	B.	 The Buyer and the Seller have entered into an Amendment No.1 to the A320 Family Purchase Agreement dated the 22nd June 2007 (the “Amendment No.1”) to amend
certain provisions of the Agreement. 

  

	 	C.	 The Buyer and the Seller have entered into an Amendment No.2 to the A320 Family Purchase Agreement dated the 11th July 2008 (the “Amendment No.2”) to amend
certain provisions of the Agreement. 

  

	 	D.	 The Buyer and the Seller have entered into an Amendment No.3 to the A320 Family Purchase Agreement dated the 30th January 2009 (the “Amendment No.3”) to amend
certain provisions of the Agreement. 

  
 3/3

	 	E.	 The Buyer and the Seller have entered into an Amendment No.4 to the A320 Family Purchase Agreement dated the 28th October 2010 (the “Amendment No.4”) to amend
certain provisions of the Agreement. 

  

	 	F.	The Buyer and the Seller wish to enter into Amendment No.5 to the Agreement to amend certain provisions of the Agreement. 

 

	 	G.	It is understood that Amendment No.5, upon execution thereof, shall constitute an integral and non-severable part of the Agreement and that all terms and
conditions of the Agreement shall apply to this Amendment No.5, unless otherwise agreed upon herein. 

  

	 	H.	Capitalized terms used herein and not otherwise defined will have the meaning assigned to them in the Agreement. The terms “herein”, “hereof”
and “hereunder” and words of similar import refer to this Amendment No.5. 

 NOW, THEREFORE, IT IS AGREED AS FOLLOWS:

  

	1.	Predelivery Payments 

  

	1.1	***** 

  

	1.2	***** 

 Further to the
implementation of the above Clause 1.1, the ***** shall be applicable to the Predelivery Payments as set forth in the table below: 
  

									
	 Original

Predelivery

Payment due

dates
	 	 Aircraft

Number
	 	 Scheduled

Delivery Month /
 Scheduled
 Delivery Quarter
	 	 Predelivery

Payment number
	 	 Amount

	 *****
	 	*****	 	*****	 	*****	 	*****

 ***** 
  

	2.	Aircraft bearing rank numbers 29 and 30 

  

	2.1	Delivery Schedule 

 The Parties
hereby agree that the Scheduled Delivery Quarters as the case may be, of Aircraft with rank numbers 29 and 30 shall be amended as set forth in the table here below: 
  

							
	 Rank number
	 	 A/C Type
	 	 Original Scheduled

Delivery Quarters
	 	 Revised Scheduled

Delivery Quarters

	 29
	 	A319-100	 	*****	 	*****
	 30
	 	A319-100	 	*****	 	*****

  

	2.2	Predelivery Payments 

 *****

  

	2.3	Escalation Cap 

 *****

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 4/4

	3.	Certification for autoland capability to 9,200ft 

 ***** 
  

	4.	***** Customer Support: 

***** 
  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

  
 5/5

	5.	Miscellaneous Provisions 

This Amendment N° 5 together with the Agreement, its Exhibits and Letter Agreements contain the entire agreement between the Parties
with respect to the subject matter hereof and supersede any previous understandings, commitments, or representations whatsoever, whether oral or written, with respect to such subject matter. 

This Amendment N° 5 is executed in two original English counterparts, each of which is an original and both of which together
evidence the same agreement. This Amendment N° 5 shall not be varied or modified except by an instrument in writing executed by both Parties or by their duly authorised representatives. 

  
 6/6

 IN WITNESS WHEREOF this Amendment N° 5 was entered into the day and year first above written.

  

					
	Agreed and accepted	 		  	Agreed and accepted
			
	 For and on behalf of 
  

CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, S.A.P.I. de C.V.
	 		  	 For and on behalf of 
  

AIRBUS S.A.S.

			
	 	 		  	  

	Name:	 		  	Name:
	Its:	 		  	Its:
			
	 	 		  	
	Name:	 		  	
	Its:	 		  	

  
 7/7

 AMENDMENT N° 6 

TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 BETWEEN 
 AIRBUS S.A.S. 

as “Seller” 
 AND 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN,
S.A.P.I. de C.V. 
 as “Buyer” 
 Reference: CT1006602 

  
 1/1

 AMENDMENT N° 6 TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 This Amendment N° 6 (hereinafter referred to as the “Amendment N° 6”) is entered into as of the
                     day of December 2010. 
 BETWEEN: 
 AIRBUS S.A.S., a société par actions
simplifée, created and existing under French law having its registered office at 1 Rond-Point Maurice Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814
(the “Seller”), 
 and 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.P.I. DE C.V. a company organised under the laws of Mexico having its principal place of business at Prolongación Paseo de la
Reforma 490, Primer Piso, Colonia Santa Fe Peña Blanca, Código Postal 01210, Delegación Álvaro Obregón, Mexico, D.F. Mexico (the “Buyer”). 
 Together the “Parties” 
 WHEREAS: 

 

	 	A.	 The Buyer and the Seller entered into an A320 Family Purchase Agreement dated the 28th October 2005 for the sale by the Seller and the purchase by the Buyer of sixteen (16) A320 Family Aircraft
(thereinafter together with its Exhibits and Letter Agreements referred to as the “Agreement”). 

  

	 	B.	 The Buyer and the Seller have entered into an Amendment No. I to the A320 Family Purchase Agreement dated the 22nd June 2007 (the “Amendment No.1”) to amend
certain provisions of the Agreement. 

  

	 	C.	 The Buyer and the Seller have entered into an Amendment No.2 to the A320 Family Purchase Agreement dated the 11th July 2008 (the “Amendment No.2”) to amend
certain provisions of the Agreement. 

  

	 	D.	 The Buyer and the Seller have entered into an Amendment No.3 to the A320 Family Purchase Agreement dated the 30th January 2009 (the “Amendment No.3”) to amend
certain provisions of the Agreement. 

  
 2/2

	 	E.	 The Buyer and the Seller have entered into an Amendment No.4 to the A320 Family Purchase Agreement dated the 28th October 2010 (the “Amendment No.4”) to amend
certain provisions of the Agreement. 

  

	 	F.	The Buyer and the Seller have entered into an Amendment No.5 to the A320 Family Purchase Agreement dated the
                     December 2010 (the “Amendment No.5”) to amend certain provisions of the Agreement.

  

	 	G.	The Buyer and the Seller wish to enter into Amendment No.6 to the Agreement to amend certain provisions of the Agreement. 

 

	 	H.	It is understood that Amendment No.6, upon execution thereof, shall constitute an integral and non-severable part of the Agreement and that all terms and
conditions of the Agreement shall apply to this Amendment No.6, unless otherwise agreed upon herein. 

  

	 	I.	Capitalized terms used herein and not otherwise defined will have the meaning assigned to them in the Agreement. The terms “herein”, “hereof”
and “hereunder” and words of similar import refer to this Amendment No.6. 

 NOW, THEREFORE, IT IS AGREED AS FOLLOWS:

  

	1.	Aircraft bearing rank numbers 13 and 14: 

  

	1.1	Aircraft Type Conversion 

Pursuant to the Buyer’s request to convert the aircraft type of Aircraft bearing rank ***** the Parties hereby agree that the
aircraft type and Scheduled Delivery Month of Aircraft with rank numbers 13 and 14, shall hereby be amended as set out in the table below: 
  

									
	 Rank numbers
	 	 Original

Aircraft

type
	 	 Revised

Aircraft

type
	 	
Original Scheduled
Delivery Months
	 	
Revised Scheduled
Delivery Month

	 *****
	 	A319-100	 	A320-200	 	*****	 	*****
	 *****
	 	A319-100	 	A320-200	 	*****	 	*****

 It is furthermore agreed by the Parties that the provisions and obligations set forth in clause 1 to
Letter Agreement No.4 to the Agreement for Aircraft with rank numbers ***** shall herewith be considered fulfilled in their entirety and neither party shall have any further rights and or obligations with respect to clause 1 to Letter Agreement No.4
to the Agreement toward the other party with respect thereto. 
  

	1.2	Predelivery Payments 

  

	    	***** 

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 3/3

	    	***** 

  

	1.3	***** 

  

	2.	Miscellaneous Provisions 

This Amendment No.6 together with the Agreement, its Exhibits and Letter Agreements contain the entire agreement between the parties with
respect to the subject matter hereof and supersede any previous understandings, commitments, or representations whatsoever, whether oral or written, with respect to such subject matter. 

This Amendment No.6 is executed in two original English counterparts, each of which is an original and both of which together evidence
the same agreement. This Amendment No.6 shall not be varied or modified except by an instrument in writing executed by both parties or by their duly authorised representatives. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 4/4

 IN WITNESS WHEREOF this Amendment No.6 was entered into the day and year first above written. 

 

							
	 Agreed and accepted
	 		 		 	Agreed and accepted
				
	 For and on behalf of 

 
 CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, S.A.P.I. de C.V.
	 		 		 	 For and on behalf of 
  

AIRBUS S.A.S.

				
	 	 		 		 	 
	 Name:
	 		 		 	Name:
	 Its:
	 		 		 	Its:
				
	 	 		 		 	
	 Name:
	 		 		 	
	 Its:
	 		 		 	

  
 5/5

 AMENDMENT N° 7 

TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 BETWEEN 
 AIRBUS S.A.S. 

as “Seller” 
 AND 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN,
S.A.P.I. de C.V. 
 as “Buyer” 
 Reference: CT1006773 

  
 1/1

 AMENDMENT N° 7 TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 This Amendment No.7 (hereinafter referred to as the “Amendment No.7”) is entered into as of the 4th day of January 2011. 
 BETWEEN: 
 AIRBUS S.A.S., a société par actions
simplifiée, created and existing under French law having its registered office at 1 Rond-Point Maurice Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474
814 (the “Seller”), 
 and 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, DE C.V. a company organised under the laws of Mexico having its principal place of business at Prolongación Paseo de la Reforma
490, Primer Piso, Colonia Santa Fe Peña Blanca, Código Postal 01210, Delegación Álvaro Obregón, Mexico, D.F. Mexico (the “Buyer”). 
 Together the “Parties” 
 WHEREAS: 

 

	 	A.	 The Buyer and the Seller entered into an A320 Family Purchase Agreement dated the 28th October 2005 for the sale by the Seller and the purchase by the Buyer of sixteen (16) A320 Family Aircraft
(thereinafter together with its Exhibits and Letter Agreements referred to as the “Agreement”). 

  

	 	B.	 The Buyer and the Seller have entered into an Amendment No.1 to the A320 Family Purchase Agreement dated the 22nd June 2007 (the “Amendment No.1”) to amend
certain provisions of the Agreement. 

  

	 	C.	 The Buyer and the Seller have entered into an Amendment No.2 to the A320 Family Purchase Agreement dated the 11th July 2008 (the “Amendment No.2”) to amend
certain provisions of the Agreement. 

  

	 	D.	 The Buyer and the Seller have entered into an Amendment No.3 to the A320 Family Purchase Agreement dated the 30th January 2009 (the “Amendment No.3”) to amend
certain provisions of the Agreement. 

  
 2/2

	 	E.	 The Buyer and the Seller have entered into an Amendment No.4 to the A320 Family Purchase Agreement dated the 28th October 2010 (the “Amendment No.4”) to amend
certain provisions of the Agreement. 

  

	 	F.	 The Buyer and the Seller have entered into an Amendment No.5 to the A320 Family Purchase Agreement dated the 15th December 2010 (the “Amendment No.5”) to amend
certain provisions of the Agreement. 

  

	 	G.	 The Buyer and the Seller have entered into an Amendment No.6 to the A320 Family Purchase Agreement dated the 15th December 2010 (the “Amendment No.6”) to amend
certain provisions of the Agreement. 

  

	 	H.	The Buyer and the Seller wish to enter into Amendment No.7 to the Agreement to amend certain provisions of the Agreement. 

 

	 	I.	It is understood that Amendment No.7, upon execution thereof, shall constitute an integral and non-severable part of the Agreement and that all terms and
conditions of the Agreement shall apply to this Amendment No.7, unless otherwise agreed upon herein. 

  

	 	J.	Capitalized terms used herein and not otherwise defined will have the meaning assigned to them in the Agreement. The terms “herein”, “hereof’
and “hereunder” and words of similar import refer to this Amendment No.7. 

 NOW, THEREFORE, IT IS AGREED AS FOLLOWS:

  

	1.	Aircraft bearing rank numbers ***** 

  

	1.1	Aircraft Type Conversion from A319 to A320 

 Pursuant to the Buyer’s request to convert the aircraft type from A319-100 to A320-200 for all fourteen (14) A319-100 Aircraft remaining on order, Aircraft bearing sequential rank numbers from
17 to 30 (the “Up-Converted Aircraft”), the Parties hereby agree that the type of such Up-Converted Aircraft shall be amended as set out in the table below: 

 

							
	 Rank numbers
	 	 Original 
Aircraft type
	 	 Revised
Aircraft type
	 	
Scheduled Delivery
Month (or quarter, as applicable)

	 17
	 	A319-100	 	A320-200	 	*****
	 18
	 	A319-100	 	A320-200	 	*****
	 19
	 	A319-100	 	A320-200	 	*****
	 20
	 	A319-100	 	A320-200	 	*****
	 21
	 	A319-100	 	A320-200	 	*****
	 22
	 	A319-100	 	A320-200	 	*****
	 23
	 	A319-100	 	A320-200	 	*****
	 24
	 	A319-100	 	A320-200	 	*****

  

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 3/3

							
	 Rank numbers
	 	 Original 
Aircraft type
	 	 Revised
Aircraft type
	 	
Scheduled Delivery
Month (or quarter, as applicable)

	 25
	 	A319-100	 	A320-200	 	*****
	 26
	 	A319-100	 	A320-200	 	*****
	 27
	 	A319-100	 	A320-200	 	*****
	 28
	 	A319-100	 	A320-200	 	*****
	 29
	 	A319-100	 	A320-200	 	*****
	 30
	 	A319-100	 	A320-200	 	*****

 It is furthermore agreed by the Parties that the provisions and obligations set forth in clause 1 to
Letter Agreement No.4 to the Agreement for the Up-Converted Aircraft shall herewith be considered fulfilled in their entirety and neither party shall have any further rights or obligations with respect to clause 1 to Letter Agreement No.4 to the
Agreement toward the other party with respect thereto. 
  

	1.2	Predelivery Payments 

 *****

  

	2.	Miscellaneous Provisions 

This Amendment No.7 together with the Agreement, its Exhibits and Letter Agreements contain the entire agreement between the parties with
respect to the subject matter hereof and supersede any previous understandings, commitments, or representations whatsoever. whether oral or written, with respect to such subject matter. 

 

	*****        	Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. 

 

  
 4/4

 This Amendment No.7 is executed in two original English counterparts, each of which is an
original and both of which together evidence the same agreement. This Amendment No.7 shall not be varied or modified except by an instrument in writing executed by both parties or by their duly authorised representatives. 

  
 5/5

 IN WITNESS WHEREOF this Amendment No.7 was entered into the day and year first above written. 

 

							
	 Agreed and accepted
	 		 		 	Agreed and accepted
				
	 For and on behalf of 

 
 CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, S.A.P.I. de C.V.
	 		 		 	 For and on behalf of 
  

AIRBUS S.A.S.

				
	 	 		 		 	 
	 Name:
	 		 		 	Name:
	 Its:
	 		 		 	Its:
				
	 	 		 		 	
	 Name:
	 		 		 	
	 Its:
	 		 		 	

  
 6/6

 AMENDMENT No 8 

TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 BETWEEN 
 AIRBUS S.A.S. 

as “Seller” 
 A N D 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN,
S.A.P.I. de C.V. 
 as “Buyer” 
 Reference : D11032737 

  

			
	VOI A320 Family PA - AMDT 8 – Ref. D11032737 - December 2011	  	295/40

 AMENDMENT No 8 TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 This Amendment No. 8 (hereinafter referred to as the “Amendment No. 8”) is entered into as of the 28th day of December 2011. 
 BETWEEN: 
 AIRBUS S.A.S., a société par actions
simplifiée, created and existing under French law having its registered office at 1 Rond-Point Maurice Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474
814 (the “Seller”), 
 and 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. DE C.V. a company organised under the laws of Mexico having its principal place of business at Prolongación Paseo de la
Reforma 490, Primer Piso, Colonia Santa Fe Peña Blanca, Código Postal 01210, Delegación Álvaro Obregón, Mexico, D.F. Mexico (the “Buyer”). 

Together the “Parties” 

WHEREAS : 
  

	 	A.	 The Buyer and the Seller entered into an A320 Family Purchase Agreement dated the 28th October 2005 for the sale by the Seller and the purchase by the Buyer of sixteen (16) A320 Family Aircraft
(thereinafter together with its Exhibits, appendices and Letter Agreements referred to as the “Agreement”). 

  

	 	B.	 The Buyer and the Seller have entered into an Amendment No. 1 to the Agreement dated the 22nd June 2007 (the “Amendment No. 1”) to amend
certain provisions of the Agreement. 

  

	 	C.	 The Buyer and the Seller have entered into an Amendment No. 2 to the Agreement dated the 11th July 2008 (the “Amendment No. 2”) to amend
certain provisions of the Agreement. 

  

	 	D.	 The Buyer and the Seller have entered into an Amendment No. 3 to the Agreement dated the 30th January 2009 (the “Amendment No. 3”) to amend
certain provisions of the Agreement. 

  

	 	E.	 The Buyer and the Seller have entered into an Amendment No. 4 to the Agreement dated the 28th October 2010 (the “Amendment No. 4”) to amend
certain provisions of the Agreement. 

  

			
	VOI A320 Family PA - AMDT 8 – Ref. D11032737 - December 2011	  	296/40

	 	F.	 The Buyer and the Seller have entered into an Amendment No. 5 to the Agreement dated the 15th December 2010 (the “Amendment No. 5”) to amend
certain provisions of the Agreement. 

  

	 	G.	 The Buyer and the Seller have entered into an Amendment No. 6 to the Agreement dated the 15th December 2010 (the “Amendment No. 6”) to amend
certain provisions of the Agreement. 

  

	 	H.	 The Buyer and the Seller have entered into an Amendment No. 7 to the Agreement dated the 4th January 2011 (the “Amendment No. 7”) to amend
certain provisions of the Agreement. 

  

	 	I.	The Buyer and the Seller wish to enter into this Amendment No. 8 to the Agreement for the purchase by the Buyer and the sale by the Seller of fourteen
(14) incremental Aircraft including the Sharklets. 

  

	 	J.	Simultaneously with the execution of this Amendment No. 8, the Buyer and the Seller wish to enter into an amendment no. 9 to the Agreement (the “Amendment
No. 9”) for the purchase by the Buyer and the sale by the Seller of thirty (30) incremental Aircraft including the neo option and the Sharklets. 

  

	 	K.	It is understood that Amendment No. 8, upon execution thereof, shall constitute an integral and non-severable part of the Agreement and that all terms and
conditions of the Agreement shall apply to this Amendment No. 8, unless otherwise agreed upon herein. The provisions of this Amendment No. 8 shall supersede any contrary provisions of the Agreement in respect of the 2011 Incremental Aircraft.

  

	 	L.	Capitalized terms used herein and not otherwise defined will have the meaning assigned to them in the Agreement. The terms “herein”, “hereof”
and “hereunder” and words of similar import refer to this Amendment No. 8. 

 NOW, THEREFORE, IT IS AGREED AS
FOLLOWS: 

  

			
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 TABLE OF CONTENTS 

 

					
	 Clauses
	 	 Titles
	  	 
			
	 0
	 	SCOPE	  	5
			
	 1
	 	DEFINITIONS	  	6
			
	 2
	 	2011 INCREMENTAL AIRCRAFT SPECIFICATION	  	6
			
	 3
	 	2011 INCREMENTAL AIRCRAFT PRICES	  	7
			
	 4
	 	2011 INCREMENTAL AIRCRAFT DELIVERY SCHEDULE	  	9
			
	 5
	 	AGREEMENT AMENDMENTS	  	11
			
	 6
	 	MISCELLANEOUS PROVISIONS	  	12
			
	 EXHIBIT A
	 	PRICE REVISION FORMULAE	  	15
		 	Part 1: Airframe Price Revision Formula	  	15
		 	Part 2: Propulsion Systems Price Revision Formula – IAE	  	18
		 	Part 3: Propulsion Systems Price Revision Formula – CFM International	  	21
			
	 EXHIBIT B1
	 	STANDARD SPECIFICATION	  	23
			
	 EXHIBIT B2
	 	SCN LISTS	  	24
			
		 	Appendix 1: A319-100	  	24
		 	Appendix 2: A320-200	  	27
		 	Appendix 3: A321-200	  	30
			
	 EXHIBIT B3
	 	CABIN LAYOUTS	  	33
			
		 	Appendix 1: A319-100	  	33
		 	Appendix 2: A320-200	  	34
		 	Appendix 3: A321-200	  	35

  

  

			
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	0.	SCOPE 

  

	0.1	Sale and Purchase: Pursuant to and in accordance with the terms and conditions contained in this Amendment No. 8 (and incorporating the relevant provisions of
the Agreement), the Seller shall sell and deliver and the Buyer shall buy and take delivery of fourteen (14) incremental Aircraft (hereinafter referred to as the “2011 Incremental Aircraft”). 

 

	0.2	Amendment of Existing Provisions: The Buyer and the Seller agree to amend certain provisions of the Agreement pursuant to the terms and conditions set out in
this Amendment No. 8. 

  

	0.3	With effect from the date hereof, all references to “Aircraft” in the Agreement shall be deemed to include the 2011 Incremental Aircraft unless expressly
stipulated otherwise herein or elsewhere. 

  

	0.4	Save to the extent specified to the contrary in this Amendment No. 8 (or any associated Letter Agreements), all of the terms and conditions respectively relating to
A319-100, A320-200 and A321-200 set out in the Agreement and its Exhibits and Appendices shall apply to the relevant 2011 Incremental Aircraft. 

  

	0.5	Applicability of Previous Letter Agreements 

  

	0.5.1	The following Letter Agreements to the Agreement shall not apply in respect of the 2011 Incremental Aircraft and shall be replaced, where applicable, as
follows: 

  

	 	(a)	Letter Agreement No. 1 ***** – replaced by Letter Agreement No. 1 to this Amendment No. 8 ***** – 2011 Incremental Aircraft) ; 

 

	 	(b)	Letter Agreement No. 2 ***** – replaced by Letter Agreement No. 2 to this Amendment No. 8 and to Amendment No. 9 (European Export Credit Financing);

  

	 	(c)	Letter Agreement No. 3 *****; 

  

	 	(d)	Letter Agreement No. 4 (Aircraft ***** And Delivery Date ***** – replaced by Letter Agreement No. 4 to this Amendment No. 8 (***** – 2011 Incremental
Aircraft); 

  

	 	(e)	Letter Agreement No. 5A and Letter Agreement No. 5B (Performance Guarantees) – replaced by Letter Agreements No. 5A through Letter Agreement No. 5F to this
Amendment No. 8 (Performance Guarantees Sharklet Aircraft); 

  

	 	(f)	Letter Agreement No. 6 (Product Support) – replaced by Letter Agreement No. 6 to this Amendment No. 8 and to Amendment No. 9 (Product Support);

  

	 	(g)	Letter Agreement No. 7 ***** – replaced by Letter Agreement No. 7 to this Amendment No. 8 ***** – 2011 Incremental Aircraft); 

 

	0.5.2	The following Letter Agreements shall be added in respect of the 2011 Incremental Aircraft: 

 

	 	(a)	Letter Agreement No. 8 to this Amendment No. 8 and to Amendment No. 9 ***** Proposal Letter) 

 

	 	(b)	Letter Agreement No. 9 to this Amendment No. 8 (***** Aircraft) 

  

	 	(c)	Letter Agreement No. 10 to this Amendment No. 8 (PDPs – 2011 Incremental Aircraft) 

 

	0.5.3	No other Letter Agreements or previous side letters to the Agreement or any amendment to the Agreement shall apply in respect of the 2011 Incremental Aircraft (except
those quoted in this Clause 0.5). 

  

			
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	1.	DEFINITIONS 

  

	  	The following terms and their associated definitions shall replace or complement as appropriate Clause 0 of the Agreement in respect of the 2011 Incremental Aircraft:

  

			
	            Ready for Delivery:	  	means the time when the Technical Acceptance Process has been completed in accordance with Clause 8 and all technical conditions required for the issuance of the Export
Airworthiness Certificate and/or the Statement of Conformity (as applicable) have been satisfied.
		
	            Sharklets:	  	means a new large wingtip device, currently under development by the Seller, designed to enhance the eco-efficiency and payload range performance of the A320 family
aircraft.
		
	            Standard Specification:	  	means either:

  

	 	(a)	the A319-100 standard specification document number *****, amended to incorporate the design weights: 

 

			
	MTOW	  	*****
	MLW	  	*****
	MZFW	  	*****

  

	 	(b)	 the A320-200 standard specification document number D.000.02000 Issue 8 dated 20th June 2011, amended to incorporate the design weights: 

 

			
	MTOW	  	*****
	MLW	  	*****
	MZFW	  	*****

  

	 	(c)	the A321-200 standard specification document number *****, amended to incorporate the design weights: 

 

			
	MTOW	  	*****
	MLW	  	*****
	MZFW	  	*****

  

	 	  	copies of which have been annexed hereto as Exhibit B1. 

  

	2.	2011 INCREMENTAL AIRCRAFT SPECIFICATIONS 

  

	2.1	Airframe Specification: The relevant 2011 Incremental Aircraft shall be manufactured in accordance with the Standard Specification applicable to the relevant
Aircraft type, as may already have been modified or varied prior to the date of this Amendment No. 8 by the Specification Change Notices listed in Appendices 1, 2 and 3 to Exhibit B2 hereof. The 2011 Incremental Aircraft shall be equipped with the
Sharklets. 

  

	2.2	Propulsion Systems: In respect of the 2011 Incremental Aircraft, Clause 2.2.2 of the Agreement shall be deleted and replaced by the following:

  

	  	QUOTE 

  

			
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	 	2.2.1	Engines Types 

  

	 	  	The 2011 Incremental Aircraft shall be equipped with a set of two (2) of the following Engines: 

 

	 	•	 	 For the A319-100 : 

 CFM INTERNATIONAL 56-5B7/3 
 or 

INTERNATIONAL AERO ENGINE V2524M-A5 
  

	 	•	 	 For the A320-200 : 

 CFM INTERNATIONAL 56-5B4/3 
 or 

INTERNATIONAL AERO ENGINE V2527E-A5 
  

	 	•	 	 For the A321-200 : 

 CFM INTERNATIONAL 56-5B3/3 
 or 

INTERNATIONAL AERO ENGINE V2533-A5 
  

	  	UNQUOTE 

  

	  	If the Buyer has not selected the Propulsion Systems as of the date of this Amendment No. 8, such choice shall be made *****. 

 

	3.	2011 INCREMENTAL AIRCRAFT PRICES 

  

	  	With respect to the 2011 Incremental Aircraft only, the provisions contained in clauses 3.1 of the Agreement shall not apply and the following provisions shall apply in
their place: 

  

	  	QUOTE 

  

	 	3.1	Price of 2011 Incremental Aircraft 

  

	  	For each 2011 Incremental Aircraft, the Aircraft Basic Price shall be respectively, the sum of: 

 

	 	i)	the Airframe Basic Price as defined in Clause 3.1.1 below and 

  

	 	ii)	the Propulsion Systems Basic Price as defined in Clause 3.1.2 below. 

  

			
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	 	3.1.1	Airframe Basic Price 

  

	  	The Airframe Basic Price is the sum of: 

  

	 	(i)	the basic price of the Airframe as defined in the relevant Standard Specification, including Nacelles and Thrust Reversers, and excluding Buyer Furnished Equipment:

  

					
		 	For the A319-100:    	  	USD *****
		 		  	(US Dollars *****)
			
		 	For the A320-200:	  	USD *****)
		 		  	(US Dollars *****)
			
		 	For the A321-200:	  	USD *****
		 		  	(US Dollars *****)

  

	 	(ii)	the basic price of the preliminary SCN’s defined and listed in Appendices 1, 2 and 3 of Exhibit B2 to Amendment No. 8: 

 

					
		 	For the A319-100:    	  	USD *****
		 		  	(US Dollars *****)
			
		 	For the A320-200:	  	USD *****
		 		  	(US Dollars *****)
			
		 	For the A321-200:	  	USD *****
		 		  	(US Dollars *****)

  

	 	(iii)	the basic price of the irrevocable Sharklets SCN for the A319-100, A320-200 and A321-200: 

 

					
		 		  	 USD *****
 (US Dollars
*****)

  

	  	All respective Airframe Basic Prices have been established in accordance with the average economic conditions prevailing in *****, *****, ***** and corresponding to a
theoretical delivery in ***** (the “Base Period”). 

  

	  	All respective Airframe Basic Prices shall be revised up to the date of delivery of each respective 2011 Incremental Aircraft in accordance with the Airframe Price
Revision Formula set out in Part 1 of Exhibit A hereto. 

  

			
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	 	3.1.2	Propulsion Systems Basic Price 

 The basic price of the Propulsion Systems (the “Propulsion Systems Basic Price”) shall, depending on the Propulsion Systems selected by the Buyer, be as applicable pursuant to Clauses 3.1.2.1 or
3.1.2.2 hereeafter. 
  

	 	3.1.2.1	The base price of a set of two (2) CFM INTERNATIONAL Propulsion Systems 

 

							
		  	CFM56-5B7/3:	  	USD *****	  	for A319-100
				
		  	CFM56-5B4/3:	  	USD *****	  	for A320-200
				
		  	CFM56-5B3/3	  	USD *****	  	for A321-200

 The Propulsion Systems Basic Prices have been established in accordance with the delivery conditions
prevailing in January 2011 have been computed from the Propulsion Systems Reference Price as set forth in Exhibit A Part 3 to this Amendment No. 8. 
 3.1.2.2 The base price for a set of two (2) IAE Propulsion Systems is: 
  

							
		  	IAE V2527M-A5:	  	USD *****	  	for A319-100
				
		  	IAE V2527E-A5:	  	USD *****	  	for A320-200
				
		  	IAE V2533-A5:	  	USD *****	  	for A321-200

 The Propulsion Systems Basic Prices have been established in accordance with the delivery conditions
prevailing in ***** have been computed from the Propulsion Systems Reference Price as set forth in Exhibit A Part 2 to this Amendment No. 8. 
 All respective Propulsion Systems Basic Prices shall be revised up to the date of delivery of each respective 2011 Incremental Aircraft in accordance with the relevant Propulsion Systems Price Revision
Formula set out in Part 2 and Part 3 of Exhibit A hereto. 
 UNQUOTE 

 

	4.	2011 INCREMENTAL AIRCRAFT DELIVERY SCHEDULE 

  

	4.1	2011 Incremental Aircraft Rank numbers: The 2011 Incremental Aircraft shall be ***** in the delivery schedule set forth in Clause 9.1.1 of the Agreement as
amended. 

  

	4.2	Updated Delivery Schedule: As a result of the order of the 2011 Incremental Aircraft, the delivery schedule set forth in Clause 9.1.1 of the Agreement as amended
is hereby cancelled and replaced with the following delivery schedule: 

 QUOTE 

 

	 	9.1.1	Delivery Schedule 

  

	 	  	Subject to Clauses 2, 7, 8, 10 and 18, the Seller shall have the Aircraft Ready for Delivery at the Delivery Location within the following months:

  

			
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	Aircraft Rank	  	Aircraft Type	  	 Delivery Month
 /Quarter
	  	Year
	*****	  	A319-100	  	May	  	2006
	*****	  	A319-100	  	May	  	2006
				
	*****	  	A319-100	  	January	  	2007
	*****	  	A319-100	  	March	  	2007
	*****	  	A319-100	  	March	  	2007
	*****	  	A319-100	  	March	  	2007
	*****	  	A319-100	  	June	  	2007
	*****	  	A319-100	  	September	  	2007
	*****	  	A319-100	  	October	  	2007
				
	*****	  	A319-100	  	March	  	2008
	*****	  	A320-200	  	October	  	2008
	*****	  	A319-100	  	November	  	2008
				
	*****	  	A320-200	  	July	  	2011
	*****	  	A320-200	  	September	  	2011
	*****	  	A320-200	  	September	  	2011
	*****	  	A320-200	  	November	  	2011
				
	*****	  	A320-200	  	February	  	2012
	*****	  	A320-200	  	June	  	2012
	*****	  	A320-200	  	 June
	  	2012
	*****	  	A320-200	  	 September
	  	2012
	*****	  	A320-200	  	September	  	2012
	*****	  	A320-200	  	October	  	2012
	*****	  	A320-200	  	 November
	  	2013
	*****	  	A320-200	  	February	  	2013
	*****	  	A320-200	  	March	  	2013
	*****	  	A320-200	  	May	  	2013
	*****	  	A320-200	  	 *****
	  	2014
	*****	  	A320-200	  	 *****
	  	2014
	*****	  	A320-200	  	 *****
	  	2015
	*****	  	A320-200	  	 *****
	  	2015
	*****	  	A320-200	  	 *****
	  	2015
	*****	  	A320-200	  	 *****
	  	2015
	*****	  	A320-200	  	 *****
	  	2015
	*****	  	A320-200	  	 *****
	  	2016
	*****	  	A320-200	  	 *****
	  	2016
	*****	  	A320-200	  	 *****
	  	2016
	*****	  	A320-200	  	 *****
	  	2016
	*****	  	A320-200	  	 *****
	  	2016
	*****	  	A320-200	  	 *****
	  	2016
	*****	  	A320-200	  	 *****
	  	2016
	*****	  	A320-200	  	 *****
	  	2016
	*****	  	A320-200	  	 *****
	  	2016

 Each of such months shall be, with respect to the corresponding Aircraft, the “Scheduled Delivery
Month”. 
 With regard to Aircraft in the above Delivery Schedule for which the scheduled Delivery Date is indicated as
a *****, each of such quarters shall be, with respect to the corresponding Aircraft, the “Scheduled Delivery *****”. The Seller shall notify the Buyer no later than ***** months prior to the first day of the first month of the
concerned Scheduled Delivery Quarter of the scheduled delivery month in respect of each such Aircraft. Following such notification by the Seller, each of such scheduled delivery months shall be, with respect to the corresponding Aircraft, the
“Scheduled Delivery Month”. 
 For the sole purpose of calculating the Predelivery Payments*****. 

The Seller shall give the Buyer at least ***** days prior written notice of the anticipated delivery week in which the Aircraft shall be
ready for Delivery. Thereafter the Seller shall notify the Buyer of any change in such delivery week necessitated by the conditions of manufacture or flight. 

  

			
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 UNQUOTE 

 

	5.	AGREEMENT AMENDMENTS 

  

	5.1	Buyer Furnished Equipment 

Clause 18.1.4 of the Agreement shall not apply to the 2011 Incremental Aircraft and the following provisions shall apply in its place:

 QUOTE 
 18.1.4 
 ***** 

For each 2011 Incremental Aircraft, the Buyer shall make a ***** to the Seller ***** falling ***** months prior to the respective
Scheduled Delivery Month. 
 At Delivery of each 2011 Incremental Aircraft, the Buyer shall pay to the Seller an amount equal to
the total ***** made for the respective 2011 Incremental Aircraft. 
 UNQUOTE 

 

	5.2	Taxes 

 Clause 5.8 of the
Agreement shall not apply to the 2011 Incremental Aircraft and the following provisions shall apply in its place: 
 QUOTE

 5.6 Taxes 
 5.6.1 
 ***** 

5.6.2 
 *****

 ***** 

***** 
 5.6.3

 The Buyer shall bear the costs of and pay any and all taxes, duties or similar charges of any nature arising in connection
with this Agreement and not assumed by the Seller under Clause 5.6.2 including but not limited to any duties or taxes due upon or in relation to the importation or registration of the 2011 Incremental Aircraft in Buyer’s country and/or any
withholdings or deductions levied or required in Buyer’s country in respect of the payment to the Seller of any amount due by the Buyer under the Agreement. 
 UNQUOTE 
  

	5.3	Predelivery Payments 

  

			
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 Clause 5.3.4 of the Agreement shall not apply to the 2011 Incremental Aircraft and the
following provisions shall apply in its place: 
 QUOTE 

5.3.4 
 5.3.4.1

 ***** 

5.3.4.2 
 *****

 5.3.4.3 
 ***** 
 5.3.4.4 

***** 
 For the
purpose of this Clause 5.3.4, the term Aircraft shall include any of the 2011 Incremental Aircraft and the NEO Aircraft (as the term is set forth in Amendment No. 9). 
 UNQUOTE 
  

	6.	MISCELLANEOUS PROVISIONS 

  

	6.1	Effect of the Amendment 

The Agreement will be deemed amended to the extent herein provided and, except as specifically amended hereby, will continue in full force
and effect in accordance with its original terms. This Amendment No. 8 supersedes any previous understandings, commitments, or representations whatsoever, whether oral or written, related to the subject matter of this Amendment No. 8. 

Both parties agree that this Amendment No. 8 will constitute an integral, non-severable part of the Agreement and shall be governed by its
provisions, except that if the Agreement and this Amendment No. 8 have specific provisions that are inconsistent, the specific provisions contained in this Amendment No. 8 shall govern. 

Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned thereto in the Agreement and its Exhibits.

  

	6.2	Confidentiality 

 This
Amendment No. 8 is subject to the confidentiality provisions set forth in Clause 22.10 of the Agreement. 

  

			
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	6.3	Law and Jurisdiction 

This Amendment No. 8 shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in connection
with this Amendment No. 8 shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	6.4	Severability 

 In the
event that any provision of this Amendment No. 8 should for any reason be held ineffective, the remainder of this Amendment No. 8 shall remain in full force and effect. To the extent permitted by applicable law, each Party hereby waives any
provision of law which renders any provision of this Amendment No. 8 prohibited or unenforceable in any respect. Any provisions of this Amendment No. 8 which may prove to be or become illegal, invalid or unenforceable in whole or in part, shall as
far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Amendment No. 8. 
 This Amendment No. 8 is executed in two original English counterparts, each of which is an original and both of which together evidence the same agreement. This Amendment No. 8 shall not be varied or
modified except by an instrument in writing executed by both parties or by their duly authorised representatives. 
  

	6.5	Validity 

 In order to be
valid, this Amendment No. 8 shall be executed together with Amendment No. 9 as of the same date as the date hereof. 

  

			
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 IN WITNESS WHEREOF this Amendment No. 8 was entered into the day and year first above written. 

 

			
	Agreed and accepted	  	Agreed and accepted
		
	For and on behalf of	  	For and on behalf of
	CONTROLADORA VUELA	  	AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	  	

  

									
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	 		 	Its:	 	 Senior Vice President

Contracts

				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	 Financial and Fleet Planning

Director
	 		 		 	

  

			
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 EXHIBIT A – PART 1 – AIRFRAME PRICE REVISION FORMULA 

With respect to the 2011 Incremental Aircraft only, the Airframe Price Revision Formula contained in Part 1 of Exhibit C of the Agreement is hereby
cancelled and replaced by the following Airframe Price Revision Formula: 
  

	PART 1	AIRFRAME PRICE REVISION FORMULA 

  

	1	BASE PRICE 

  

	  	The Airframe Base Price quoted in Clause 3.1 of the Agreement is subject to adjustment for changes in economic conditions as measured by data obtained from the US
Department of Labor, Bureau of Labor Statistics, and in accordance with the provisions hereof. 

  

	2	BASE PERIOD 

  

	  	The Airframe Base Price has been established in accordance with the average economic conditions prevailing in *****, *****, ***** and corresponding to a theoretical
delivery in ***** as defined by “ECIb” and “ICb” index values indicated hereafter. 

  

	3	INDEXES 

  

	  	Labor Index: “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI336411W”, quarterly published by
the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and found in Table 9, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and
occupational group”, or such other name that may be from time to time used for the publication title and/or table, (Aircraft manufacturing, NAICS Code 336411, base month and year December 2005 = 100). 

 

	  	The quarterly value released for a certain month (March, June, September and December) shall be the one deemed to apply for the two preceding months.

  

	  	Index code for access on the Web site of the US Bureau of Labor Statistics: CIU2023211000000I. 

 

	  	Material Index: “Industrial Commodities” (hereinafter referred to as “IC”) as published in “PPI Detailed Report” (found in Table 6.
“Producer price indexes and percent changes for commodity and service groupings and individual items not seasonally adjusted” or such other names that may be from time to time used for the publication title and/or table). (Base Year 1982 =
100). 

  

	  	Index code for access on the Web site of the US Bureau of Labor Statistics: WPU03THRU15. 

  

			
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 EXHIBIT A – PART 1 – AIRFRAME PRICE REVISION FORMULA 

 

	4	REVISION FORMULA 

  

	  	***** 

  

	5	GENERAL PROVISIONS 

  

	5.1	Roundings 

  

	  	The Labor Index average and the Material Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding
decimal place shall be raised to the next higher figure. 

  

	  	Each quotient (ECIn/ECIb) and (ICn/ICb) shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five (5) or more, the
preceding decimal place shall be raised to the next higher figure. 

  

	  	The final factor shall be rounded to the nearest ten-thousandth (4 decimals). 

 

	  	The final price shall be rounded to the nearest whole number (0.5 or more rounded to 1). 

  

			
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 EXHIBIT A – PART 1 – AIRFRAME PRICE REVISION FORMULA 

 

	5.2	Substitution of Indexes for Airframe Price Revision Formula 

  

	  	If: 

  

	 	(i)	the United States Department of Labor substantially revises the methodology of calculation of the Labor Index or the Material Index as used in the Airframe Price
Revision Formula, or 

  

	 	(ii)	the United States Department of Labor discontinues, either temporarily or permanently, such Labor Index or such Material Index, or 

 

	 	(iii)	the data samples used to calculate such Labor Index or such Material Index are substantially changed; 

the Seller shall select a substitute index for inclusion in the Airframe Price Revision Formula (the “Substitute Index”).

 The Substitute Index shall reflect as closely as possible the actual variance of the Labor Costs or of the material costs used
in the calculation of the original Labor Index or Material Index as the case may be. 
 As a result of the selection of the
Substitute Index, the Seller shall make an appropriate adjustment to the Airframe Price Revision Formula to combine the successive utilization of the original Labor Index or Material Index (as the case may be) and of the Substitute Index.

  

	5.3	Final Index Values 

  

	  	The Index values as defined in Clause 4 above shall be considered final and no further adjustment to the base prices as revised at Delivery of the Aircraft shall be
made after Aircraft Delivery for any subsequent changes in the published Index values. 

  

	5.4	Limitation 

 Should the
sum of ***** 

  

			
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 EXHIBIT A – PART 2 AND PART 3 – Propulsion Systems Price Revision Formula 

With respect to the 2011 Incremental Aircraft only, the Propulsion Systems Price Revision Formula contained in Part 2 and Part 3 of Exhibit C of the
Agreement are hereby cancelled and replaced by the following Propulsion Systems Price Revision Formula: 
  

	PART 2	PROPULSION SYSTEMS PRICE REVISION FORMULA 

	    	INTERNATIONAL AERO ENGINES 

  

	1	REFERENCE PRICE OF THE ENGINES 

  

	1.1	The Reference Price of a set of two (2) INTERNATIONAL AERO ENGINES V2527M-A5 or V2527E-A5 Engines is: 

 

	  	***** 

  

	  	***** 

  

	1.2	***** 

  

	  	***** 

  

	  	***** 

  

	1.3	Above Reference Prices are subject to adjustment for changes in economic conditions as measured by data obtained from the US Department of Labor, Bureau of Labor
Statistics, and in accordance with the provisions hereof. 

  

	2	REFERENCE PERIOD 

  

	  	The above Reference Prices have been established in accordance with the *****, as defined according to INTERNATIONAL AERO ENGINES by the ECIb and ICb index values
indicated in Clause 4 of this Exhibit C. 

  

	3	INDEXES 

  

	  	Labor Index: “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI336411W”, quarterly published by
the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and found in Table 9, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and
occupational group” ,or such other name that may be from time to time used for the publication title and/or table, (Aircraft manufacturing, NAICS code 336411, base month and year December 2005 = 100). 

 

	  	The quarterly value released for a certain month ***** 

  

	  	Index code for access on the Web site of the US Bureau of Labor Statistics: CIU2023211000000I. 

 

	  	Material Index: “Industrial Commodities” (hereinafter referred to as “IC”) as published in “PPI Detailed Report” (found in Table 6.
“Producer price indexes and percent changes for commodity and service groupings and individual items not seasonally adjusted” or such other names that may be from time to time used for the publication title and/or table). (Base Year 1982 =
100). 

  

			
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 EXHIBIT A – PART 2 AND PART 3 – Propulsion Systems Price Revision Formula 

 

 Index code for access on the Web site of the US Bureau of Labor Statistics: WPU03THRU15

  

	4	REVISION FORMULA 

 Pn =
***** 
 ***** 
  

	5	GENERAL PROVISIONS 

  

	5.1	Roundings 

  

	 	(i)	ECIn and ICn shall be calculated to the nearest tenth (1 decimal) 

  

	 	(ii)	Each quotient ***** and ***** shall be calculated to the nearest ten-thousandth (4 decimals). 

 

	 	(iii)	The final factor shall be rounded to the nearest ten-thousandth (4 decimals). 

 If the next succeeding place is five (5) or more the preceding decimal place shall be raised to the nearest higher figure. 
 After final computation, Pn shall be rounded to the nearest whole number (0.5 rounds to 1). 
  

	5.2	Final Index Values 

 The
revised Reference Price at the date of Aircraft Delivery shall be the final price and shall not be subject to any further adjustments in the indexes. 
 If no final index values are available for any of the applicable month, the then published preliminary figures shall be the basis on which the Revised Reference Price shall be computed. 

 

	5.3	Interruption of Index Publication 

 If the US Department of Labor substantially revises the methodology of calculation or discontinues any of the indexes referred to hereabove, the Seller shall reflect the substitute for the revised or
discontinued index selected by INTERNATIONAL AERO ENGINES, such substitute index to lead in application to the same adjustment result, insofar as possible, as would have been achieved by continuing the use of the original index as it may have
fluctuated had it not been revised or discontinued. 
 Appropriate revision of the formula shall be made to accomplish this
result. 
  

	5.4	Annulment of Formula 

Should the above escalation provisions become null and void by action of the US Government, the Reference Price shall be adjusted due to
increases in the costs of labor and material which have occurred from the period represented by the applicable Reference Price Indexes to the ***** prior to the Aircraft Delivery. 

  

			
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 EXHIBIT A – PART 2 AND PART 3 – Propulsion Systems Price Revision Formula 

 

	5.5	Limitation 

 Should the
revised Reference Price be lower than the Reference Price, the final price shall be computed with the Reference Price. 

  

			
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 EXHIBIT A – PART 2 AND PART 3 – Propulsion Systems Price Revision Formula 

 

	PART 3	PROPULSION SYSTEMS PRICE REVISION FORMULA 

	    	CFM INTERNATIONAL 

  

	1	REFERENCE PRICE OF THE PROPULSION SYSTEMS 

  

	1.1	The Reference Price of a set of two (2) CFM INTERNATIONAL CFM56-5B7/3 or CFM56-5B4/3 Engines is: 

***** 
 *****

  

	1.2	***** 

 ***** 

***** 
  

	1.3	This above Reference Prices are subject to adjustment for changes in economic conditions as measured by data obtained from the US Department of Labor, Bureau of Labor
Statistics and in accordance with the provisions of Clauses 4 and 5 of this Exhibit C. 

  

	2	REFERENCE PERIOD 

 The
above Reference Prices have been established in accordance with the economical conditions prevailing for a theoretical delivery in January 2002 as defined by CFM INTERNATIONAL by the Reference Composite Price Index (CPIb) of ***** 

 

	3	INDEXES 

 Labor
Index: “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI336411W”, quarterly published by the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and found in
Table 9, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and occupational group”, or such other name that may be from time to time used for the
publication title and/or table, (Aircraft manufacturing, NAICS code 336411, base month and year December 2005 = 100, hereinafter multiplied by 1.777 and rounded to the first decimal place.) 

The quarterly value released for a certain month (March, June, September and December) shall be the one deemed to apply for the two
preceding months. 
 Index code for access on the Web site of the US Bureau of Labor Statistics: CIU2023211000000I. 

Material Index: “Industrial Commodities” (hereinafter referred to as “IC”) as published in “PPI Detailed
Report” (found in Table 6. “Producer price indexes and percent changes for commodity and service groupings and individual items not seasonally adjusted” or such other names that may be from time to time used for the publication title
and/or table). (Base Year 1982 = 100). 
 Index code for access on the Web site of the US Bureau of Labor Statistics: WPU03THRU15

  

			
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 EXHIBIT A – PART 2 AND PART 3 – Propulsion Systems Price Revision Formula 

 

	4	REVISION FORMULA 

 *****

  

	5	GENERAL PROVISIONS 

  

	5.1	Roundings 

  

	 	(i)	The Material index average (ICn) shall be rounded to the nearest second decimal place and the labor index average (ECIn) shall be rounded to the nearest first decimal
place. 

  

	 	(ii)	CPIn shall be rounded to the nearest second decimal place. 

  

	 	(iii)	The final factor ***** shall be rounded to the nearest third decimal place. 

 If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. 
 After final computation, Pn shall be rounded to the nearest whole number (0.5 rounds to 1). 
  

	5.2	Final Index Values 

 The
revised Reference Price at the date of Aircraft Delivery shall not be subject to any further adjustments in the indexes. 
  

	5.3	Interruption of Index Publication 

 If the US Department of Labor substantially revises the methodology of calculation or discontinues any to these indexes referred to hereabove, the Seller shall reflect the substitute for the revised or
discontinued index selected by CFM INTERNATIONAL, such substitute index to lead in application to the same adjustment result, insofar as possible, as would have been achieved by continuing the use of the original index as it may have fluctuated had
it not been revised or discontinued. 
 Appropriate revision of the formula shall be made to accomplish this result. 

 

	5.4	Annulment of Formula 

Should the above escalation provisions become null and void by action of the US Government, the Reference Price shall be ***** 

 

	5.5	Limitations 

 Should the
ratio ***** 

  

			
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 EXHIBIT B1 – STANDARD SPECIFICATION 
 With respect to the 2011 Incremental Aircraft only, the Standard Specifications contained in Exhibit A of the Agreement as amended are hereby cancelled and replaced by the following Standard
Specifications: 
 A319-100 standard specification document number ***** contained in a separate folder. 

A320-200 standard specification document number ***** contained in a separate folder. 

A321-200 standard specification document number ***** contained in a separate folder. 

  

			
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 EXHIBIT B2 – SCN LISTS 
 With respect to the 2011 Incremental Aircraft only, the SCN lists contained in Appendix 1.1 through 1.3 to Exhibit A of the Agreement as amended are hereby cancelled and replaced by the following SCN
lists: 
 Appendix 1: A319-100 SCN List 
 A319-100 STANDARD SPECIFICATION Ref. ***** 
 All prices are in USD at Delivery Conditions
specified on each column 
  

							
	 EPAC TDU
	  	 Title
	  	 A319 Price per
a/c USD
D.C
01/2011
	  	 Comments

	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****

  

			
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 EXHIBIT B2 – SCN LISTS 

 

							
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****

  

			
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 EXHIBIT B2 – SCN LISTS 

 

							
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****

 Subject to certification, the ***** shall be selectable by the Buyer for the optional incorporation into the
Specification by means of chargeable SCN. The applicable price of such SCN shall be ***** USD (*****). 
 In addition, the Seller has presented
to the Buyer the ***** which mainly consists of *****. The Buyer has shown interest for this option but acknowledges that it is not yet available by the Seller as of the effective date. However, if the ***** becomes available on any of the Aircraft,
the Seller undertakes to promptly notify the Buyer, and within a reasonable timeframe submit a commercial proposal to the Buyer. In consideration for the execution of this Amendment, the Seller shall *****. It is understood that the Buyer shall
reserve the right to accept or reject the offer made by the Seller by means of the formal acceptance of the then presented SCN. 

  

			
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 EXHIBIT B2 – SCN LISTS 

 

 Appendix 2: A320-200 SCN List 

A320-200 STANDARD SPECIFICATION Ref. ***** 

All prices are in USD at Delivery Conditions specified on each column 

 

							
	 EPAC TDU
	 	 Title
	  	 A320 Price per
a/c USD
D.C
01/2011
	 	 Comments

	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****

  

			
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 EXHIBIT B2 – SCN LISTS 

 

							
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****

  

			
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 EXHIBIT B2 – SCN LISTS 

 

							
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****

 Subject to certification, the ***** shall be selectable by the Buyer for the optional incorporation into the
Specification by means of chargeable SCN. The applicable price of such SCN shall be ***** (delivery conditions *****). 
 In addition, the
Seller has presented to the Buyer the ***** which mainly consists of *****. The Buyer has shown interest for this option but acknowledges that it is not yet available by the Seller as of the effective date. However, if the ***** becomes available on
any of the Aircraft, the Seller undertakes to promptly notify the Buyer, and within a reasonable timeframe submit a commercial proposal to the Buyer. In consideration for the execution of this Amendment, the Seller shall *****. It is understood that
the Buyer shall reserve the right to accept or reject the offer made by the Seller by means of the formal acceptance of the then presented SCN. 

  

			
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 EXHIBIT B2 – SCN LISTS 

 

 Appendix 3: A321-200 SCN List 

A321-200 STANDARD SPECIFICATION Ref. ***** 

All prices are in USD at Delivery Conditions specified on each column 

 

							
	 EPAC TDU
	 	 Title
	  	 A321 Price per
a/c USD
D.C
01/2011
	 	 Comments

	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****

  

			
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 EXHIBIT B2 – SCN LISTS 

 

							
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****

  

			
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 EXHIBIT B2 – SCN LISTS 

 

							
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
	*****	 	*****	  	*****	 	*****
		 	*****	  	*****	 	*****

 Subject to certification, ***** shall be selectable by the Buyer for the optional incorporation into the Specification by
means of chargeable SCN. The applicable price of such SCN shall be ***** (delivery conditions *****). 
 In addition, the Seller has presented
to the Buyer the ***** which mainly consists of *****. The Buyer has shown interest for this option but acknowledges that it is not yet available by the Seller as of the effective date. However, if the ***** becomes available on any of the Aircraft,
the Seller undertakes to promptly notify the Buyer, and within a reasonable timeframe submit a commercial proposal to the Buyer. In consideration for the execution of this Amendment, the Seller shall *****. It is understood that the Buyer shall
reserve the right to accept or reject the offer made by the Seller by means of the formal acceptance of the then presented SCN. 

  

			
	VOI A320 Family PA - AMDT 8 – Ref. D11032737 - December 2011	  	326/40

 EXHIBIT B3 – CABIN LAYOUTS 
 Appendix 1: A319-100 Cabin layout 
 ***** 

 

  

			
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 EXHIBIT B3 – CABIN LAYOUTS 

 

 Appendix 2: A320-200 Cabin layout 

***** 

  

			
	VOI A320 Family PA - AMDT 8 – Ref. D11032737 - December 2011	  	328/40

 EXHIBIT B3 – CABIN LAYOUTS 

 

 Appendix 3: A321-200 Cabin layout 

***** 
  

  

			
	VOI A320 Family PA - AMDT 8 – Ref. D11032737 - December 2011	  	329/40

 LETTER AGREEMENT No. 1 TO AMENDMENT No. 8 

 

 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 

Prolongación Paseo de la Reforma 490, 

Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F

 SUBJECT : ***** – 2011 INCREMENTAL AIRCRAFT 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the “Seller”) have entered into a purchase agreement dated
28th October 2005 (the “Purchase
Agreement”) as amended from time to time and into an amendment no. 8 (the “Amendment No. 8”) dated as of even date herewith, which amendment covers the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011
Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement as amended together with the Amendment No. 8 shall be referred to as the “Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement and/or Amendment No. 8. 

Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part of said Agreement as amended by
Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA01 – Ref. D11032737 - December 2011 
 - Letter Agreement No 1 -Page 1/6 

 LETTER AGREEMENT No. 1 TO AMENDMENT No. 8 

 

 This Letter Agreement No. 1 is applicable to the 2011 Incremental Aircraft only and supersedes and
replaces the original Letter Agreement No. 1 to the Agreement to the extent relating to the 2011 Incremental Aircraft. 
  

	1	Airframe ***** 

 The
Seller shall ***** 2011 Incremental Aircraft a ***** (the “Airframe *****”) amounting to: 
  

					
	USD	  	*****	  	for A319-100
	USD	  	*****	  	for A320-200
	USD	  	*****	  	for A321-200

 The Airframe ***** shall, at Buyers’ discretion, be ***** 2011 Incremental Aircraft *****.

 The Airframe ***** is in US Dollars quoted in ***** Incremental Aircraft ***** 

 

	2	2011 ***** 

 The Seller
***** 2011 Incremental Aircraft a ***** (the “2011 *****”) amounting to: 
  

					
	USD	  	*****	  	for A319-100
	USD	  	*****	  	for A320-200
	USD	  	*****	  	for A321-200

 The 2011 ***** shall, ***** Incremental Aircraft or *****. 

The 2011 ***** is in US Dollars quoted in ***** 
  

	3	Extended ***** 

 The
Seller ***** 2011 Incremental Aircraft a ***** (the “Extended *****”) ***** 
  

					
	USD	  	*****	  	For A319-100
	USD	  	*****	  	For A320-200
	USD	  	*****	  	For A321-200

 The Extended ***** shall, *****, ***** 

The Extended ***** is in US Dollars quoted in ***** 
  

	4	A321 ***** 

 The Seller
shall ***** 2011 Incremental Aircraft ***** (the “A321 *****”) *****: 
  

			
	USD	  	*****

  
 A320FAM PA – VOI –
AMDT 8 LA01 – Ref. D11032737 - December 2011 
 - Letter Agreement No 1 -Page 2/6 

 LETTER AGREEMENT No. 1 TO AMENDMENT No. 8 

 

 The A321 ***** shall, ***** 2011 Incremental Aircraft *****. 

The A321 ***** is in US Dollars quoted in ***** 
  

	5	***** 

 The Seller shall *****
2011 Incremental Aircraft ***** (the “*****”)*****: 
  

			
	USD	  	*****

 The ***** shall, ***** 2011 Incremental Aircraft *****. 

The ***** is in US Dollars quoted in ***** 2011 Incremental Aircraft ***** 

 

	6	***** 

 The Seller shall *****
Incremental Aircraft ***** (the “*****”)*****: 
  

					
	USD	  	*****	  	for A320-200 delivered with *****
	USD	  	*****	  	for A321-200 delivered with *****
		  		  	

 The ***** shall, at Buyers’ discretion, ***** 2011 Incremental Aircraft *****. 

The ***** is in US Dollars quoted in ***** Incremental Aircraft ***** 

 

	7	***** 

 The Seller shall
***** 2011 Incremental Aircraft a ***** (the “Closing *****”) *****: 
  

					
	USD	  	*****	  	for A319-100
	USD	  	*****	  	for A320-200
	USD	  	*****	  	for A321-200

 The ***** shall, ***** 2011 Incremental Aircraft ***** 

The ***** is in US Dollars quoted in ***** delivery ***** 2011 Incremental Aircraft ***** 

 

	8	2011 Deliveries ***** 

 In
order to *****, ***** 2011 Incremental Aircraft ***** (the “2011 Deliveries *****”) ***** 
  

			
	USD	  	*****

 The 2011 Deliveries ***** shall, ***** be ***** 2011 Incremental Aircraft ***** 

  
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AMDT 8 LA01 – Ref. D11032737 - December 2011 
 - Letter Agreement No 1 -Page 3/6 

 LETTER AGREEMENT No. 1 TO AMENDMENT No. 8 

 

	9	***** 

 As a *****, the Seller is
willing to *****, ***** 2011 Incremental Aircraft ***** (the “*****”)*****: 
  

			
	USD	  	*****

 The ***** shall, ***** 2011 Incremental Aircraft ***** 

 

	10	***** 

 The Seller ***** 2011
Incremental Aircraft ***** (the “*****”)***** 
  

			
	USD	  	*****

 The ***** shall be made available ***** and shall *****. 

 

	11	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	12	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	13	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	14	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 

  
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 - Letter Agreement No 1 -Page 4/6 

 LETTER AGREEMENT No. 1 TO AMENDMENT No. 8 

 

	15	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA01 – Ref. D11032737 - December 2011 
 - Letter Agreement No 1 -Page 5/6 

 LETTER AGREEMENT No. 1 TO AMENDMENT No. 8 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and accepted	  	Agreed and accepted
		
	 For and on behalf of

CONTROLADORA VUELA
 COMPAŇĺA
DE AVIACIÓN, S.A.P.I. de C.V.
	  	 For and on behalf of

        AIRBUS S.A.S.

  

									
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	 		 	Its:	 	 Senior Vice President

Contracts

				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	 Financial and Fleet Planning

Director
	 		 		 	

  
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 - Letter Agreement No 1 -Page 6/6 

 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.

 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210,
Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : EUROPEAN EXPORT CREDIT FINANCING 
 CONTROLADORA VUELA
COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the “Seller”) have entered into a purchase agreement dated
28th October 2005 (the “Purchase
Agreement”) as amended from time to time and into an amendment no.8 (the “Amendment No. 8”) and an amendment no.9 (the “Amendment No. 9”) dated as of even date herewith, which amendments cover the
manufacture and the sale by the Seller and the purchase by the Buyer of (a) the 2011 Incremental Aircraft as described in the Amendment No. 8 and (b) the NEO Aircraft as described in the Amendment No. 9. The Purchase Agreement as amended
together with the Amendment No. 8 and the Amendment No. 9 shall be referred to as the “Agreement”. 
 Capitalized terms used
herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement, Amendment No. 8 and/or Amendment No. 9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part of said Agreement as amended by Amendment No. 8 and Amendment No. 9 and shall be
governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 
 For the purpose of this
Letter Agreement, the 2011 Incremental Aircraft and NEO Aircraft shall be referred to as the “Aircraft”. 

  
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 - Letter Agreement No 2 -Page 1/10 

 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

	1	If requested by the Buyer, the Seller shall support the Buyer by applying to the Export Credit Agencies of France (COFACE), Germany (EULER HERMES) and the United
Kingdom (ECGD) (the “Export Credit Agencies”) with a view to obtaining financing through European Export Credit for the acquisition of an Aircraft (including the engines installed on such Aircraft). In this respect, the Seller and
the Buyer shall need to co-operate closely to provide all necessary information as may be requested by the Export Credit Agencies, including detailed financial information, in due course. 

Subject (i) to the approval of the European authorities responsible for export credits and (ii) to the support of the Export
Credit Agencies, an export credit facility (the “Facility”) in respect of an Aircraft as described hereafter may be granted to the Buyer (each such Aircraft hereafter referred to as a “Relevant Aircraft”).

 The Facility shall include guarantees given by each Export Credit Agency in favour of international lending banks acceptable
to the Export Credit Agencies (the “Banks). 
 The terms and conditions under which a Facility may be granted to the
Buyer as at the date hereof are described in the attached Appendix A. Such terms and conditions are subject to amendment by the Export Credit Agencies and shall reflect the then prevailing terms of export credit for civil aircraft as governed by the
Organisation for Economic Cooperation and Development (“OECD”). Upon request, the Seller will provide the Buyer with the latest version of the Appendix A reflecting the prevailing terms at the time. 

 

	2	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	3	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	4	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	5	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 

  
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 - Letter Agreement No 2 -Page 2/10 

 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

	6	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. 

  
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 - Letter Agreement No 2 -Page 3/10 

 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and accepted	 	Agreed and accepted
		
	For and on behalf of	 	For and on behalf of
	CONTROLADORA VUELA	 	            AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 	

  

					
	/s/ Alfonso Ascencio Triujeque	 		 	/s/ Christophe Mourey
	Name: Alfonso Ascencio Triujeque	 		 	Name: Christophe Mourey
	 Its:       Directer Jurldico
              General Counsel
	 		 	Its: Senior Vice President Contracts

  

	
	 /s/ Mario E. Geyne

	 Name: Mario E. Geyne

	 Its:       Financial and Fleet Planning Director

  
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 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

 APPENDIX A 
 GENERAL TERMS AND CONDITIONS 
 Capitalized terms used herein and not otherwise
defined in this Appendix shall have the meanings assigned thereto in the Agreement or as defined in the Sector Understanding on Export Credit for Civil Aircraft as entered into force on February 1, 2011 as may be further amended from time to
time by the OECD. 
 Unless otherwise stated or decided by the Export Credit Agencies in their sole discretion, the following general terms and
conditions shall apply to the Facility: 
  

	1	Purpose and Amount 

 The amount of the
Facility shall be up to a maximum of eighty-five percent (85%) if the Buyer is in risk category 2 or below, up to a maximum of eighty percent (80%) if the Buyer is in risk category 1, or such lesser percentage as may be selected by the
Buyer or imposed by the Export Credit Agencies, in each case of the Net Aircraft Price of the Relevant Aircraft. 
 The list of these risk
categories is defined by experts nominated by the members of the OECD. Such list is confidential to the OECD members and is updated on an on-going basis. The risk classifications reflect the senior unsecured credit rating of the Buyer (see Table 1
in appendix). 
 The Net Aircraft Price shall be equal to the Final Price (as defined in the Agreement) of the Relevant Aircraft including the
engines/propulsion systems (the “Engines”) installed on such Relevant Aircraft after taking into account all price discounts and other cash credits, less all other credits or concessions of any kind of the Seller and/or the selected
engine/propulsion system manufacturer (the “Engine Manufacturer”) related or fairly allocable thereto. 
 Subject to the Export
Credit Agencies’ prior approval, the Net Aircraft Price may include Buyer Furnished Equipment installed on the Relevant Aircraft in an amount agreed by the Export Credit Agencies. 
 As requested by the Export Credit Agencies, the Buyer shall provide the Seller with a declaration signed by the selected Engine Manufacturer, indicating the total amount of the credit memoranda made
available to the Buyer with respect to the Engines installed on the relevant Aircraft. 
  

	2	Participation and Currencies 

 The level
of participation in the Facility from the British, French and German Export Credit Agency shall depend on the aircraft type and the Engine selected by the Buyer. 
 The Buyer may select from the following eligible currencies the currency in which he wishes to denominate the Facility. 
 The currencies that are eligible for such Facility are Euros (“EUR”), Japanese Yen (“JPY”), UK Sterling Pounds (“GBP”), US Dollars
(“USD”) and other fully convertible currencies for which there are market references. 

  
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 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

	3	Drawdowns and Payment to the Seller 

 The
Facility relating to the Relevant Aircraft shall be drawn down upon delivery of such Relevant Aircraft and shall be disbursed directly to the Seller upon satisfactory presentation, inter alia, of the following documents: 

 

	 	(i)	an aircraft invoice issued by the Seller and 

  

	 	(ii)	the Certificate of Acceptance 

 in each case in
respect of the Relevant Aircraft duly signed by a representative of the Buyer 
 Notwithstanding any decision by the Buyer to select a currency
or currencies other than USD, the Seller shall receive the Final Price in USD at delivery of the Relevant Aircraft. 
  

	4	Term and Repayment of the Facility 

 The
term of the Facility (the “Term”) shall not exceed twelve (12) years. 
 Unless otherwise decided by the Export Credit
Agencies in their sole discretion, the British, French and German portions shall be repayable in a series of annuity style equal payments of rent in the case of a Lease Facility (as defined below) to amortise the Facility in respect of the Relevant
Aircraft to zero over the Term. 
 There shall be no extension of the repayment Term by way of sharing of rights in the security on a pari
passu basis with commercial lenders for the officially supported export credit. 
 The period between each payment shall be no greater than
three (3) months and the first payment shall become payable no later than three (3) months after delivery of the Relevant Aircraft. 
  

	5	Interest 

 Interest on the Facility shall
be payable in arrears on the unpaid balance of principal, on the same date as and together with the instalments of principal except when lease payments in advance are requested as a Risk Mitigant (as defined below) and in the currency(ies) in which
the Facility is denominated. 
 The rate of interest shall be negotiated directly with the Banks and shall be either a floating rate or a fixed
rate. Subject to the Export Credit Agencies’ prior approval, the Facility may also include an option to switch from a floating rate to a fixed rate on terms and conditions to be defined. 

 

	6	Expenses and Taxes 

 The Buyer shall be
responsible for all legal expenses, professional fees as well as taxes and other costs arising out of or in connection with the application for, the provision and administration of the Facility, including the Export Credit Agencies’ travel
expenses related to the Buyer’s presentation and/or to the negotiation of the Facility, whether or not the Facility is actually used. All corporate and governmental approvals necessary for the performance of the Buyer’s obligations under
the Facility shall be obtained by the Buyer so that the payment of all amounts due to the Banks shall be satisfied without delay, such payments to be without deduction on 

  
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 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

 
account of any existing or future withholding taxes, charges, levies or other duties whatsoever. If however any such deduction has to be made, the Buyer shall compensate the Banks for such
deduction and shall obtain all necessary approvals for this purpose so that the Banks receive the same net amount as they would have received had no such deduction been made. 

 

	7	Security and Form of the Facility 

 As
security for the repayment of the Facility, the Buyer shall provide a full security package satisfactory to the Export Credit Agencies and the Banks. 
 The standard form of the Facility shall be a finance lease (the “Lease Facility”). Under the Lease Facility, the Banks shall create a special purpose vehicle (“SPV”)
which (i) shall receive title to the Relevant Aircraft pursuant to an assignment to the SPV of the relevant rights and obligations of the Buyer under the Agreement, and (ii) shall lease such Relevant Aircraft to the Buyer for the Term of
the Facility. 
 Upon expiry of the Lease Facility and provided that no event of default has occurred or is continuing and provided no
cross default and no cross collateralization have been called by the ECAs, the Buyer shall be entitled to purchase the Relevant Aircraft for the greater of the amount of 1$ and the outstanding amount due under the Lease Facility. Upon the exercise
by the Buyer of the purchase option and payment of all amounts due under the Lease Facility, title to the Relevant Aircraft shall be transferred from the SPV to the Buyer simultaneously.  

 

	8	Premium 

 The premium to be paid up-front
by the Buyer to the Export Credit Agencies in respect of the Facility shall be decided by the Export Credit Agencies. It shall be no less than the Minimum Premium Rates, or if the Buyer is based in a State where the Cape Town Convention applies, the
Minimum Premium Rates with a reduction of 10% [Table 1 sets out the current Minimum Premium Rates with and without the Cape Town discount.] 

The Minimum Premium Rate incorporates (i) a Risk Based Rate which is reset every year to reflect Moody’s annual Loss Given Default over a
four-year period, and (ii) a Market Reflective Surcharge which is adjusted every quarter. 
 The calculation of the Risk Based Rate depends
on the risk classification of the Buyer. The premium payable is expressed as a percentage of the amount of the Facility granted by the Export Credit Agencies. 
 The Buyer may benefit from a 10% Premium reduction if the Buyer is based in a jurisdiction that has ratified the Cape Town Convention with the qualifying declarations as defined by the OECD and has
incorporated the Treaty in its set of domestic laws. 
  

	9	Main Terms of Financing 

 The Export
Credit Agencies may, upon request of the Buyer, agree to provide financing support at or above the Minimum Premium Rate if all the conditions below are fulfilled to the satisfaction of the Export Credit Agencies and the Banks: 

 

	 	(i)	an asset-backed transaction 

  

	 	(ii)	a first priority security interest in the Relevant Aircraft 

  
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 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

	 	(iii)	no more than 85% advance rate of the Net Aircraft Price (except if the Buyer is in risk category 1 in which case it is no more than 80%) 

 

	 	(iv)	no less frequently than quarterly mortgage-style payments 

  

	 	(v)	cross default and cross collateralization of all aircraft and engines owned legally and beneficially by the same parties under the proposed financing.

 The transaction should be structured to include a minimum number of Risk Mitigants (as defined below) as set out in table below
: 
  

									
	 ASU Risk Category
	  	 Risk Rating
	  	 Risk Mitigants

	  	  	 Total “A” + “B”
Risk
Mitigants
	  	 Minimum number of “A”
Risk
Mitigants
	  	 Minimum number of “B”
Risk
Mitigants

	 1            
	  	AAA to BBB-	  	0	  	0	  	0
	 2            
	  	BB+ and BB	  	0	  	0	  	0
	 3            
	  	BB-	  	1	  	1	  	0
	 4            
	  	B+	  	2	  	1	  	1
	 5            
	  	B	  	2	  	1	  	1
	 6            
	  	B-	  	3	  	2	  	1
	 7            
	  	CCC	  	4	  	3	  	1
	 8            
	  	CC to C	  	4	  	3	  	1

 Risk Mitigants shall be defined as follows: 
 “A” Risk Mitigants 
  

	 	I.	each 5% reduction from the 85% Net Aircraft Price advance rate, (e.g. 70% advance rate where three A Risk Mitigants are required); 

 

	 	II.	a straight line amortisation 

  

	 	III.	a repayment term, which does not exceed ten years 

 “B” Risk Mitigants 
  

	I-	Security Deposit in an amount equal to one quarterly instalment of principal and interest 

 

	II-	Lease payments in advance, 

  

	III-	Maintenance reserves in a form and amount which reflect best market practices. 

 Subject to prior approval by the Export Credit Agencies, one of the “A” Risk Mitigants may be replaced by a 15% surcharge on the applicable Minimum Premium Rate. 

The Export Credit Agencies may also, upon request of the Buyer, agree to support the financing of the applicable premium with the amount of the premium
being added to the initial amount of principal under the Facility. 

  
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 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

	10	Fees 

  

	10.1	Banks’ Fees 

 The Buyer shall be
responsible for negotiating with the Banks the fees to be paid to them in connection with the preparation, negotiation, execution and granting of the Facility. 
  

	10.2	Export Credit Agencies’ fees 

 The Buyer
shall pay a premium-holding fee on any undrawn portion of the official support during any premium-holding period, as follows: 
  

	 	(i)	for the first six months of the holding period: zero basis points per annum 

 

	 	(ii)	for the second six months of the holding period: 12.5 basis points per annum 

 

	 	(iii)	for the third six months of the holding period: 25 basis points per annum 

 

	11	Miscellaneous 

  

	11.1	The Buyer shall notify the Seller of its intention to request the Facility not less than six (6) months before the first day of the scheduled month of delivery of
the relevant Aircraft with a view to entering into the Facility with the Banks not less than two (2) months before the scheduled date of delivery of the relevant Aircraft. 

 

	11.2	The support of the Export Credit Agencies is subject, inter alia, to: 

  

	 	(i)	a case-by-case assessment of the credit risk; 

  

	 	(ii)	the financing structure, including securities, being acceptable to the Export Credit Agencies; 

 

	 	(iii)	receipt by the Export Credit Agencies of all material information relating to the financial, operational and ownership situation of the Buyer (both historical and
anticipated) in due time, and, if required, from time to time, a presentation of the then current situation by the Buyer to the Export Credit Agencies. 

 The Export Credit Agencies may also require additional information from the Buyer before reaching a final decision. The Buyer shall be responsible for all costs relating to the provision of the
information requested by the Export Credit Agencies. 

  
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 - Letter Agreement No 2 -Page 9/10 

 LETTER AGREEMENT No. 2 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

 Table 1 
 Minimum Premium Rates released as of October 15, 2011 
  

															
	 Risk category
	 	  	 	  	  	 	  	Up-Front
(%)	 	  	With the
Cape
Town
Discount	 
	 1 (AAA)
	 		 		  		  	 	7.72	  	  	 	6.95	  
	 1 (AA)
	 		 		  		  	 	7.72	  	  	 	6.95	  
	 1 (A)
	 		 		  		  	 	7.72	  	  	 	6.95	  
	 1 (BBB+)
	 		 		  		  	 	7.72	  	  	 	6.95	  
	 1 (BBB)
	 		 		  		  	 	7.72	  	  	 	6.95	  
	 1 (BBB-)
	 		 		  		  	 	7.72	  	  	 	6.95	  
	 2 (BB+)
	 		 		  		  	 	9.16	  	  	 	8.24	  
	 2 (BB)
	 		 		  		  	 	9.16	  	  	 	8.24	  
	 3 (BB-)
	 		 		  		  	 	10.03	  	  	 	9.03	  
	 4(B+)
	 		 		  		  	 	11.26	  	  	 	10.13	  
	 5 (B)
	 		 		  		  	 	12.67	  	  	 	11.40	  
	 6 (B-)
	 		 		  		  	 	13.20	  	  	 	11.88	  
	 7 (CCC)
	 		 		  		  	 	14.39	  	  	 	12.95	  
	 8 (CC)
	 		 		  		  	 	14.74	  	  	 	13.27	  
	 8 (C)
	 		 		  		  	 	14.74	  	  	 	13.27	  

  
 A320FAM PA – VOI –
AMDT 8 and 9 LA02 – Ref. D11032737 - December 2011 
 - Letter Agreement No 2 -Page 10/10 

 LETTER AGREEMENT No. 4 TO AMENDMENT No. 8 

 

 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 

Prolongación Paseo de la Reforma 490, 

Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F

 SUBJECT : ***** – 2011 INCREMENTAL AIRCRAFT 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the “Seller”) have entered into a purchase agreement dated
28th October 2005 (the “Purchase
Agreement”) as amended from time to time and into an amendment no.8 (the “Amendment No. 8”) dated as of even date herewith, which amendment covers the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011
Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement as amended together with the Amendment No. 8 shall be referred to as the “Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement and/or Amendment No. 8. 

Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part of said Agreement as amended by
Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA04 – Ref. D11032737 - December 2011 
 - Letter Agreement No 4 - Page 1/4 

 LETTER AGREEMENT No. 4 TO AMENDMENT No. 8 

 

 This Letter Agreement No. 4 is applicable to the 2011 Incremental Aircraft only and supersedes and
replaces the original Letter Agreement No. 4 to the Agreement to the extent relating to the 2011 Incremental Aircraft. 
  

	1	***** 

 The Buyer shall
have the right to *****: 
 (a) up to a maximum of three (3) of the 2011 Incremental Aircraft *****, and

 (b) any of the 2011 Incremental Aircraft ***** 

(the “*****”). 
 ***** 

  
 A320FAM PA – VOI –
AMDT 8 LA04 – Ref. D11032737 - December 2011 
 - Letter Agreement No 4 - Page 2/4 

 LETTER AGREEMENT No. 4 TO AMENDMENT No. 8 

 

	2	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	3	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	4	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	5	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	6	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA04 – Ref. D11032737 - December 2011 
 - Letter Agreement No 4 - Page 3/4 

 LETTER AGREEMENT No. 4 TO AMENDMENT No. 8 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and accepted	  	Agreed and accepted
		
	For and on behalf of	  	For and on behalf of
	CONTROLADORA VUELA	  	AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	  	

  

					
	/s/ Alfonso Ascencio Triujeque	 		 	/s/ Christophe Mourey
	Name: Alfonso Ascencio Triujeque	 		 	Name: Christophe Mourey
	 Its:       Directer Jurldico
             General Counsel
	 		 	Its: Senior Vice President Contracts

  

	
	 /s/ Mario E. Geyne

	 Name: Mario E. Geyne

	 Its: Financial and Fleet Planning Director

  
 A320FAM PA – VOI –
AMDT 8 LA04 – Ref. D11032737 - December 2011 
 - Letter Agreement No 4 - Page 4/4 

 LETTER AGREEMENT No. 5A TO AMENDMENT No. 8 

 

 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 

Prolongación Paseo de la Reforma 490, 

Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F

 SUBJECT : A319-100 SHARKLET PERFORMANCES GUARANTEES (CFM engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the “Amendment No. 8”) dated as of even date herewith, which amendment covers
the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement as amended together with the Amendment No. 8 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No. 8. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement No 5A – A319 Sharklet CFM - Page 1/7 

 LETTER AGREEMENT No. 5A TO AMENDMENT No. 8 

 

 This Letter Agreement No. 5A is applicable to the 2011 Incremental Aircraft only and cancels and
replaces the original Letter Agreement No. 5A to the Agreement to the extent relating to the 2011 Incremental Aircraft. 
  

	1	AIRCRAFT CONFIGURATION 

 The guarantees defined below (“the Guarantees”) are applicable to the A319-100 Aircraft as described in the Standard Specification ***** and amended by Specification Change Notices (SCN) for:

  

	 	i)	provisions for and installation of Sharklets 

  

	 	ii)	increase of the design weights as follows: 

 Maximum Take-off Weight to ***** 
 Maximum Landing Weight to ***** 

Maximum Zero Fuel Weight to ***** 
  

	 	iii)	installation of CFM International CFM56-5B7/3 engines 

 hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as provided in the Agreement. 

 

	2	GUARANTEED PERFORMANCE 

  

	2.1	***** 

 Under the following
airport conditions (assumed representative of ***** runway *****): 
 ***** 

the FAR certified take-off weight shall be not less than 73,500 kg. 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing ***** at ***** each) ***** the Aircraft shall ***** when operated under the conditions defined below. 

 

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is ***** 

  

	2.2.1.3	Allowances of ***** 

  

	2.2.1.4	***** the destination airport are conducted in ***** Conditions. Climb and descent speeds below *****. 

 

	2.2.1.5	Allowances of ***** of time are included for approach and land at the destination *****. 

  
 A320FAM PA – VOI –
AMDT 8 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement No 5A – A319 Sharklet CFM - Page 2/7 

 LETTER AGREEMENT No. 5A TO AMENDMENT No. 8 

 

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

 

	  	***** 

  

	  	***** 

  

	  	***** 

  

	  	***** 

  

	  	***** 

  

	2.2.2	***** 

  

	2.2.2.1	The Aircraft will be capable to carry a ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of *****) are as follows: 

***** 
 *****

 ***** 

***** 
 *****

 ***** 

***** 
 *****

 ***** 

The destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at
destination airport is 13 feet. 
  

	2.2.2.3	Allowances of ***** 

  

	2.2.2.4	***** destination airport are conducted in *****. Climb and descent speeds *****. 

 The ***** these climb, cruise and descent phases ***** 
  

	2.2.2.5	Allowances of ***** 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** will remain in the tanks. This represents the estimated fuel required for: 

  
 A320FAM PA – VOI –
AMDT 8 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement No 5A – A319 Sharklet CFM - Page 3/7 

 LETTER AGREEMENT No. 5A TO AMENDMENT No. 8 

 

 ***** 
 ***** 
 ***** 

***** 
 *****

 ***** 
  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION  

 The A319-100 powered by CFM56-5B7/3 engines for ***** shall be certified in accordance with the requirements of ***** of ICAO Annex 16, Volume I, with a ***** EPNdB. 

Noise data shall be obtained and evaluated in accordance with the requirements of Appendix 2 of Third Edition of ICAO Annex 16, Volume I.

  

	4	MANUFACTURER’S ***** 

 The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be ***** according to Section 13-10.00.00 of the Standard
Specification and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of ***** 
  

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** in the conditions liable to provide the best results will be assumed. 

 

	5.3	When establishing ***** except if otherwise noted. 

  

	5.4	***** 21-30.31 of the Specification. ***** 

  

	5.5	The engines will be operated using ***** unless otherwise stated. 

  

	5.6	Where applicable, ***** 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

  
 A320FAM PA – VOI –
AMDT 8 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement No 5A – A319 Sharklet CFM - Page 4/7 

 LETTER AGREEMENT No. 5A TO AMENDMENT No. 8 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) ***** of the same ***** purchased by the Buyer and incorporated in the
In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	***** 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports ***** 

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of : 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING ***** 

Should the Aircraft fail to meet any of the Guarantees the Seller will ***** 

 

	9.1	Should the Seller ***** 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available ***** mentioned above ***** 

 

	9.3	The Seller’s ***** 

  
 A320FAM PA – VOI –
AMDT 8 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement No 5A – A319 Sharklet CFM - Page 5/7 

 LETTER AGREEMENT No. 5A TO AMENDMENT No. 8 

 

	10	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	11	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	12	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	13	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	14	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement No 5A – A319 Sharklet CFM - Page 6/7 

 LETTER AGREEMENT No. 5A TO AMENDMENT No. 8 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and accepted	  	Agreed and accepted
		
	For and on behalf of	  	For and on behalf of
	CONTROLADORA VUELA	  	            AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	  	

  

									
	/s/ Alfonso Ascencio Triujeque	 		 	/s/ Christophe Mourey
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	 		 	Its:	 	 Senior Vice President

Contracts

  

			
	/s/ Mario E. Geyne
	Name:	 	Mario E. Geyne
	Its:	 	 Financial and Fleet Planning

Director

  
 A320FAM PA – VOI –
AMDT 8 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement No 5A – A319 Sharklet CFM - Page 7/7 

 LETTER AGREEMENT No. 5B TO AMENDMENT No. 8 

 

 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 

Prolongación Paseo de la Reforma 490, 

Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F

 SUBJECT : A319-100 SHARKLETS PERFORMANCES GUARANTEES (IAE engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the “Amendment No. 8”) dated as of even date herewith, which amendment covers
the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement as amended together with the Amendment No. 8 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No. 8. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement No 5B – A319 Sharklet IAE - Page 1/7 

 LETTER AGREEMENT No. 5B TO AMENDMENT No. 8 

 

 This Letter Agreement No. 5B is applicable to the 2011 Incremental Aircraft only and cancels and
replaces the original Letter Agreement No. 5A to the Agreement to the extent relating to the 2011 Incremental Aircraft. 
  

	1	AIRCRAFT CONFIGURATION 

 The guarantees defined below (“the Guarantees”) are applicable to the A319-100 Aircraft as described in the Standard Specification Ref. ***** and amended by Specification Change Notices (SCN)
for: 
  

	 	i)	provisions for and installation of Sharklets 

  

	 	ii)	increase of the design weights as follows: 

 Maximum Take-off Weight to ***** 
 Maximum Landing Weight to ***** 

Maximum Zero Fuel Weight to ***** 
  

	 	iii)	installation of International Aero Engines (IAE) V2527M-A5 Select One engines 

hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as
provided in the Agreement. 
  

	2	GUARANTEED PERFORMANCE 

  

	2.1	***** 

 Under the
following airport conditions (assumed representative of ***** runway *****): 
 ***** 

***** 
 *****

 ***** 

***** 
 *****

 ***** 

the FAR certified take-off weight shall be not less than ***** 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing ***** at ***** each) ***** the Aircraft shall ***** when operated under the conditions defined below. 

 

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is ***** 

  

	2.2.1.3	Allowances of ***** 

  
 A320FAM PA – VOI –
AMDT 8 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement No 5B – A319 Sharklet IAE - Page 2/7 

 LETTER AGREEMENT No. 5B TO AMENDMENT No. 8 

 

	2.2.1.4	***** the destination airport are conducted in ***** conditions. Climb and descent speeds below ***** 

 

	2.2.1.5	Allowances of ***** of time are included for approach and land at the destination airport. 

 

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
 *****

 ***** 

***** 
 *****

  

	2.2.2	***** 

  

	2.2.2.1	The Aircraft will be capable to carry ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

***** 
 *****

 ***** 

***** 
 *****

 ***** 

***** 
 *****

 ***** 

The destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at
destination airport is *****. 
  

	2.2.2.3	Allowances of ***** 

  

	2.2.2.4	***** destination airport are conducted in ***** conditions. Climb and descent speeds ***** 

The ***** during these climb, cruise and descent phases shall be ***** 

 

	2.2.2.5	Allowances of ***** 

  
 A320FAM PA – VOI –
AMDT 8 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement No 5B – A319 Sharklet IAE - Page 3/7 

 LETTER AGREEMENT No. 5B TO AMENDMENT No. 8 

 

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land 2,760 kg of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
 *****

 ***** 

***** 
 *****

 ***** 
  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION  

 The A319-100 powered by IAE V2527M-A5 engines for ***** shall be certified in accordance with the requirements of ***** of ICAO Annex 16, Volume I, with a ***** 

Noise data shall be obtained and evaluated in accordance with the requirements of Appendix 2 of Third Edition of ICAO Annex 16, Volume I.

  

	4	MANUFACTURER’S *****  

 The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be deduced ***** according to Section 13-10.00.00 of the
Standard Specification and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of ***** 
  

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** in the conditions liable to provide the best results will be assumed. 

 

	5.3	When establishing ***** except if otherwise noted. 

  

	5.4	***** Section 21-30.31 of the Specification. ***** 

  

	5.5	The engines will be operated ***** unless otherwise stated. 

  

	5.6	Where applicable, ***** 

  
 A320FAM PA – VOI –
AMDT 8 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement No 5B – A319 Sharklet IAE - Page 4/7 

 LETTER AGREEMENT No. 5B TO AMENDMENT No. 8 

 

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A319-***** of the same ***** purchased by the Buyer and incorporated in
the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	***** 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports ***** if the Buyer’s A319-100 Aircraft. 

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of : 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING ***** 

 Should
the Aircraft fail to meet any of the Guarantees the Seller will ***** 
  

	9.1	Should the Seller ***** 

  
 A320FAM PA – VOI –
AMDT 8 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement No 5B – A319 Sharklet IAE - Page 5/7 

 LETTER AGREEMENT No. 5B TO AMENDMENT No. 8 

 

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available ***** mentioned above ***** 

 

	9.3	The Seller’s ***** 

  

	10	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	11	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	12	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	13	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	14	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement No 5B – A319 Sharklet IAE - Page 6/7 

 LETTER AGREEMENT No. 5B TO AMENDMENT No. 8 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and accepted	  	Agreed and accepted
		
	For and on behalf of	  	For and on behalf of
	CONTROLADORA VUELA	  	            AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	  	

  

									
	/s/ Alfonso Ascencio Triujeque	 		 	/s/ Christophe Mourey
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	 		 	Its:	 	 Senior Vice President

Contracts

  

			
	/s/ Mario E. Geyne
	Name:	 	Mario E. Geyne
	Its:	 	 Financial and Fleet Planning

Director

  
 A320FAM PA – VOI –
AMDT 8 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement No 5B – A319 Sharklet IAE - Page 7/7 

 LETTER AGREEMENT No. 5C TO AMENDMENT No. 8 

 

 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 

Prolongación Paseo de la Reforma 490, 

Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F

 SUBJECT : A320-200 SHARKLET PERFORMANCES GUARANTEES (CFM engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the “Amendment No. 8”) dated as of even date herewith, which amendment covers
the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement as amended together with the Amendment No. 8 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No. 8. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement No 5C – A320 Sharklet CFM - Page 1/7 

 LETTER AGREEMENT No. 5C TO AMENDMENT No. 8 

 

 This Letter Agreement No. 5C is applicable to the 2011 Incremental Aircraft only and cancels and
replaces the original Letter Agreement No. 5B to the Agreement to the extent relating to the 2011 Incremental Aircraft. 
  

	1	AIRCRAFT CONFIGURATION 

 The guarantees defined below (“the Guarantees”) are applicable to the A320-200 Aircraft as described in the Standard Specification Ref. ***** and amended by Specification Change Notices (SCN)
for: 
  

	 	i)	provisions for and installation of Sharklets 

  

	 	ii)	increase of the design weights as follows: 

  

	 	Maximum	Take-off Weight to ***** 

	 	Maximum	Landing Weight to ***** 

	 	Maximum	Zero Fuel Weight to ***** 

  

	 	iii)	installation of CFM International CFM56-5B4/3 engines 

 hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as provided in the Agreement. 

 

	2	GUARANTEED PERFORMANCE 

  

	2.1	***** 

 Under the following
airport conditions (assumed representative of ***** runway *****): 
 ***** 

the FAR certified take-off weight shall be not less than ***** kg. 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing *****at ***** each) ***** the Aircraft shall ***** when operated under the conditions defined below. 

 

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is *****. 

  

	2.2.1.3	Allowances of *****. 

  

	2.2.1.4	***** the destination airport are conducted in ***** conditions. Climb and descent speeds below *****. 

 

	2.2.1.5	Allowances of ***** minutes of time are included for approach and land at the destination airport. 

  
 A320FAM PA – VOI –
AMDT 8 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement No 5C – A320 Sharklet CFM - Page 2/7 

 LETTER AGREEMENT No. 5C TO AMENDMENT No. 8 

 

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.2	***** 

  

	2.2.2.1	The Aircraft will be capable to carry a *****of ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

***** 
 The
destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at destination airport is *****. 
  

	2.2.2.3	Allowances of *****. 

  

	2.2.2.4	***** conducted in ***** conditions. Climb and descent speeds below *****. 

 The ***** these climb, cruise and descent phases shall be increased by 3.5%. 
  

	2.2.2.5	Allowances of *****. 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION  

 The A320-200 powered by CFM56-5B4/3 engines for ***** shall be certified in accordance with the requirements of Chapter 4 of ICAO Annex 16, Volume I, with a ***** EPNdB. 

Noise data shall be obtained and evaluated in accordance with the requirements of Appendix 2 of Third Edition of ICAO Annex 16, Volume I.

  
 A320FAM PA – VOI –
AMDT 8 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement No 5C – A320 Sharklet CFM - Page 3/7 

 LETTER AGREEMENT No. 5C TO AMENDMENT No. 8 

 

	4	MANUFACTURER’S ***** 

 The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be ***** according to Section 13-10.00.00 of the Standard
Specification and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of *****. 
  

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** in the conditions liable to provide the best results will be assumed. 

 

	5.3	When establishing ***** except if otherwise noted. 

  

	5.4	***** 21-30.31 of the Specification. ***** 

  

	5.5	The engines will be operated using ***** unless otherwise stated. 

  

	5.6	Where applicable, the *****. 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A320-200 aircraft of the same ***** as those Aircraft purchased by the
Buyer and incorporated in the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	***** 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports ***** the Buyer’s A320-200 Aircraft. 

  
 A320FAM PA – VOI –
AMDT 8 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement No 5C – A320 Sharklet CFM - Page 4/7 

 LETTER AGREEMENT No. 5C TO AMENDMENT No. 8 

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of: 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING ***** 

 Should
the Aircraft fail to meet any of the Guarantees the Seller will *****. 
  

	9.1	Should the Seller *****: 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available ***** mentioned above the *****. 

 

	9.3	The Seller’s *****. 

  

	10	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	11	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement No 5C – A320 Sharklet CFM - Page 5/7 

 LETTER AGREEMENT No. 5C TO AMENDMENT No. 8 

 

	12	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	13	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	14	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement No 5C – A320 Sharklet CFM - Page 6/7 

 LETTER AGREEMENT No. 5C TO AMENDMENT No. 8 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and accepted	  	Agreed and accepted
		
	For and on behalf of	  	For and on behalf of
	CONTROLADORA VUELA	  	            AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	  	

  

									
	/s/ Alfonso Ascencio Triujeque	 		 	/s/ Christophe Mourey
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	 		 	Its:	 	 Senior Vice President

Contracts

  

			
	/s/ Mario E. Geyne
	Name:	 	Mario E. Geyne
	Its:	 	 Financial and Fleet Planning

Director

  
 A320FAM PA – VOI –
AMDT 8 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement No 5C – A320 Sharklet CFM - Page 7/7 

 LETTER AGREEMENT No. 5D TO AMENDMENT No. 8 

 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.

 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210,
Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : A320-200 SHARKLET PERFORMANCES GUARANTEES (IAE engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the “Amendment No. 8”) dated as of even date herewith, which amendment covers
the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement as amended together with the Amendment No. 8 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No. 8. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement No 5D – A320 Sharklet IAE - Page 1/7 

 LETTER AGREEMENT No. 5D TO AMENDMENT No. 8 

 

 This Letter Agreement No. 5D is applicable to the 2011 Incremental Aircraft only and cancels and
replaces the original Letter Agreement No. 5B to the Agreement to the extent relating to the 2011 Incremental Aircraft. 
  

	1	AIRCRAFT CONFIGURATION 

 The guarantees defined below (“the Guarantees”) are applicable to the A320-200 Aircraft as described in the Standard Specification Ref. ***** and amended by Specification Change Notices (SCN)
for: 
  

	 	i)	provisions for and installation of Sharklets 

  

	 	ii)	increase of the design weights as follows: 

 Maximum Take-off Weight to ***** 
 Maximum Landing Weight to ***** 

Maximum Zero Fuel Weight to ***** 
  

	 	iii)	installation of International Aero Engines (IAE) V2527E-A5 Select One engines 

hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as
provided in the Agreement. 
  

	2	GUARANTEED PERFORMANCE 

  

	2.1	Take-off 

 Under the
following airport conditions (assumed representative of ***** runway *****): 
 ***** 

the FAR certified take-off weight shall be not less than *****. 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing ***** each) over ***** the Aircraft shall ***** when operated under the conditions defined below. 

 

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is *****. 

  

	2.2.1.3	Allowances of *****. 

  

	2.2.1.4   *****	the destination airport are conducted in ***** conditions. Climb and descent speeds below *****. 

 

	2.2.1.5	Allowances of ***** of time are included for approach and land at the destination airport. 

  
 A320FAM PA – VOI –
AMDT 8 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement No 5D – A320 Sharklet IAE - Page 2/7 

 LETTER AGREEMENT No. 5D TO AMENDMENT No. 8 

 

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

 

	  	***** 

	2.2.2	Mission Payload ***** 

  

	2.2.2.1	The Aircraft will be capable to carry a ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

 

	  	***** 

 The destination airport
conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at destination airport is *****. 
  

	2.2.2.3	Allowances of *****. 

  

	2.2.2.4	***** the destination airport are conducted in ***** conditions. Climb and descent speeds below *****. 

 

	  	The ***** these climb, cruise and descent phases shall be *****. 

  

	2.2.2.5	Allowances of *****. 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** will remain in the tanks. This represents the estimated fuel required for: 

 

	  	***** 

  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION  

 The A320-200 powered by IAE V2527E-A5 engines for ***** shall be certified in accordance with the requirements of Chapter 4 of ICAO Annex 16, Volume I, with a ***** EPNdB. 

Noise data shall be obtained and evaluated in accordance with the requirements of Appendix 2 of Third Edition of ICAO Annex 16, Volume I.

  
 A320FAM PA – VOI –
AMDT 8 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement No 5D – A320 Sharklet IAE - Page 3/7 

 LETTER AGREEMENT No. 5D TO AMENDMENT No. 8 

 

	4	MANUFACTURER’S WEIGHT EMPTY GUARANTEE  

 The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be deduced ***** according to Section 13-10.00.00 of the
Standard Specification and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of 38,519 kg. 
  

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** in the conditions liable to provide the best results will be assumed. 

 

	5.3	When establishing ***** 

  

	5.4	***** Section 21-30.31 of the Specification. *****. 

  

	5.5	The engines will be operated using ***** unless otherwise stated. 

  

	5.6	Where applicable, ***** 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A320-200 aircraft of the same ***** purchased by the Buyer and
incorporated in the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	***** 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports ***** 

  
 A320FAM PA – VOI –
AMDT 8 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement No 5D – A320 Sharklet IAE - Page 4/7 

 LETTER AGREEMENT No. 5D TO AMENDMENT No. 8 

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of : 

a) Any further configuration change which is the subject of a SCN 

b) Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING ***** 

 Should
the Aircraft fail to meet any of the Guarantees the Seller will *****. 
  

	9.1	Should the Seller *****: 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available ***** mentioned above *****. 

 

	9.3	***** 

  

	10	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	11	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement No 5D – A320 Sharklet IAE - Page 5/7 

 LETTER AGREEMENT No. 5D TO AMENDMENT No. 8 

 

	12	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	13	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	14	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement No 5D – A320 Sharklet IAE - Page 6/7 

 LETTER AGREEMENT No. 5D TO AMENDMENT No. 8 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	  		  	 Agreed and accepted

			
	For and on behalf of	  		  	 For and on behalf of

	CONTROLADORA VUELA	  		  	 AIRBUS S.A.S.

	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	  		  		  	
			
	 /s/ Alfonso Ascencio Triujeque
	  		  	 /s/ Christophe Mourey

	Name:	 	Alfonso Ascencio Triujeque	  		  	Name:	  	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	  		  	Its:	  	 Senior Vice President

Contracts

				
	 /s/ Mario E. Geyne
	  		  		  	
	Name:	 	Mario E. Geyne	  		  		  	
	Its:	 	 Financial and Fleet
 Planning
Director
	  		  		  	

  
 A320FAM PA – VOI –
AMDT 8 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement No 5D – A320 Sharklet IAE - Page 7/7 

 LETTER AGREEMENT No. 5E TO AMENDMENT No. 8  

 

 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 

Prolongación Paseo de la Reforma 490, 

Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F

 SUBJECT : ***** SHARKLET PERFORMANCES GUARANTEES (CFM engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the “Amendment No. 8”) dated as of even date herewith, which amendment covers
the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement as amended together with the Amendment No. 8 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No. 8. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

 

  
 A320FAM PA – VOI –
AMDT 8 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement No 5E-A321 Sharklet CFM -Page 1/7 

 LETTER AGREEMENT No. 5E TO AMENDMENT No. 8  

 

 This Letter Agreement No. 5E is applicable to the 2011 Incremental Aircraft only. 

 

	1	AIRCRAFT CONFIGURATION 

The guarantees defined below (“the Guarantees”) are applicable to the ***** as described in the Standard Specification Ref.
***** and amended by Specification Change Notices (SCN) for: 
  

	 	i)	provisions for and installation of Sharklets 

  

	 	ii)	increase of the design weights as follows: 

 Maximum Take-off Weight to ***** 
 Maximum Landing Weight to ***** 

Maximum Zero Fuel Weight to ***** 
  

	 	iii)	installation of CFM International CFM56-5B3/3 engines 

 hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as provided in the Agreement. 

 

	2	GUARANTEED PERFORMANCE 

  

	2.1	***** 

 Under the
following airport conditions (assumed representative of ***** runway *****): 
  

	  	***** 

 the FAR certified
take-off weight shall be not less than *****. 
  

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing ***** each) ***** the Aircraft shall ***** when operated under the conditions defined below. 

 

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is *****. 

  

	2.2.1.3	Allowances of *****. 

  

	2.2.1.4	***** above the destination airport are conducted in ISA+10°C conditions. Climb and descent speeds *****. 

 

	2.2.1.5	Allowances of *****. 

  

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

  
 A320FAM PA – VOI –
AMDT 8 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement No 5E-A321 Sharklet CFM -Page 2/7 

 LETTER AGREEMENT No. 5E TO AMENDMENT No. 8  

 

 Trip fuel and is defined as the fuel used during take-off and initial climb, climb,
cruise, descent and approach and landing as described in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.2	***** 

  

	2.2.2.1	The Aircraft will be capable to carry a ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

***** 
 The
destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at destination airport is *****. 
  

	2.2.2.3	Allowances of *****. 

  

	2.2.2.4	***** above the destination airport are conducted in *****. Climb and descent speeds below *****. 

 

	  	The ***** these climb, cruise and descent phases shall be *****. 

  

	2.2.2.5	Allowances of *****. 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION  

 The ***** powered by CFM56-5B3/3 engines for ***** in accordance with the requirements of ***** of ICAO Annex 16, Volume I. 
 Noise data shall be obtained and evaluated in accordance with the requirements of Appendix 2 of Third Edition of ICAO Annex 16, Volume I. 

  
 A320FAM PA – VOI –
AMDT 8 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement No 5E-A321 Sharklet CFM -Page 3/7 

 LETTER AGREEMENT No. 5E TO AMENDMENT No. 8  

 

	4	MANUFACTURER’S ***** 

The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be
***** according to Section 13-10.00.00 of the Standard Specification and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of *****. 

 

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** provide the best results will be assumed. 

  

	5.3	When establishing ***** except if otherwise noted. 

  

	5.4	***** 21-30.31 of the Specification. ***** 

  

	5.5	The engines will be operated using ***** unless otherwise stated. 

  

	5.6	Where applicable, the *****. 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) ***** of the same ***** as those Aircraft purchased by the Buyer and
incorporated in the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	Data derived from tests will be adjusted as required using conventional methods of correction, interpolation or extrapolation in accordance with established
aeronautical practices to show compliance with the Guarantees. 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports *****. 

  
 A320FAM PA – VOI –
AMDT 8 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement No 5E-A321 Sharklet CFM -Page 4/7 

 LETTER AGREEMENT No. 5E TO AMENDMENT No. 8  

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of: 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

  

	  	***** 

  

	9	UNDERTAKING ***** 

 Should
the Aircraft fail to meet any of the Guarantees the Seller will *****. 
  

	9.1	Should the Seller *****: 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available *****. 

  

	9.3	The Seller’s *****. 

  
 A320FAM PA – VOI –
AMDT 8 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement No 5E-A321 Sharklet CFM -Page 5/7 

 LETTER AGREEMENT No. 5E TO AMENDMENT No. 8  

 

	10	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	11	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	12	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	13	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	14	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement No 5E-A321 Sharklet CFM -Page 6/7 

 LETTER AGREEMENT No. 5E TO AMENDMENT No. 8  

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and accepted	  	Agreed and accepted
		
	For and on behalf of	  	For and on behalf of
	CONTROLADORA VUELA	  	 AIRBUS S.A.S.

	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	  	

  

							
	 /s/ Alfonso Ascencio Triujeque
	 	 /s/ Christophe Mourey

	Name:	 	Alfonso Ascencio Triujeque	 	Name:	  	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	 	Its:	  	 Senior Vice President

Contracts

		
	 /s/ Mario E. Geyne
	  	
	Name:	 	Mario E. Geyne	 		  	
	Its:	 	 Financial and Fleet
 Planning
Director
	 		  	

  
 A320FAM PA – VOI –
AMDT 8 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement No 5E-A321 Sharklet CFM -Page 7/7 

 LETTER AGREEMENT No. 5F TO AMENDMENT No. 8  

 

 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 

Prolongación Paseo de la Reforma 490, 

Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F

 SUBJECT : ***** SHARKLET PERFORMANCES GUARANTEES (IAE engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the “Amendment No. 8”) dated as of even date herewith, which amendment covers
the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement as amended together with the Amendment No. 8 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No. 8. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement No 5F-A321 Sharklet IAE -Page 1/7 

 LETTER AGREEMENT No. 5F TO AMENDMENT No. 8  

 

 This Letter Agreement No. 5F is applicable to the 2011 Incremental Aircraft only. 

 

	1.	AIRCRAFT CONFIGURATION 

 The guarantees defined below (“the Guarantees”) are applicable to the ***** Aircraft as described in the Standard Specification Ref. ***** and amended by Specification Change Notices (SCN) for:

  

	 	i)	provisions for and installation of Sharklets 

  

	 	ii)	increase of the design weights as follows: 

 Maximum Take-off Weight to ***** 
 Maximum Landing Weight to ***** 

Maximum Zero Fuel Weight to ***** 
  

	 	iii)	installation of International Aero Engines (IAE) V2533-A5 Select One engines 

hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as
provided in the Agreement. 
  

	2	GUARANTEED PERFORMANCE 

  

	2.1	***** 

 Under the
following airport conditions (assumed representative of ***** runway *****): 
 ***** 

the FAR certified take-off weight shall be not less than *****. 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing ***** each) ***** the Aircraft shall ***** when operated under the conditions defined below. 

 

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is *****. 

  

	2.2.1.3	Allowances of *****. 

  

	2.2.1.4	***** the destination airport are conducted in *****. Climb and descent speeds below *****. 

 

	2.2.1.5	Allowances of *****. 

  
 A320FAM PA – VOI –
AMDT 8 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement No 5F-A321 Sharklet IAE -Page 2/7 

 LETTER AGREEMENT No. 5F TO AMENDMENT No. 8  

 

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.2	***** 

  

	2.2.2.1	The Aircraft will be capable to carry a ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of *****runway *****) are as follows: 

***** 
 The
destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at destination airport is *****. 
  

	2.2.2.3	Allowances of *****. 

  

	2.2.2.4	***** destination airport are conducted in *****. ***** 

 The ***** these climb, cruise and descent phases shall be *****. 
  

	2.2.2.5	Allowances of *****. 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION  

 The ***** powered by IAE V2533-A5 engines for ***** shall be certified in accordance with the requirements of ***** of ICAO Annex 16, Volume I. 

  
 A320FAM PA – VOI –
AMDT 8 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement No 5F-A321 Sharklet IAE -Page 3/7 

 LETTER AGREEMENT No. 5F TO AMENDMENT No. 8  

 

 Noise data shall be obtained and evaluated in accordance with the requirements of
Appendix 2 of Third Edition of ICAO Annex 16, Volume I. 
  

	4	MANUFACTURER’S ***** 

 The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be ***** to Section 13-10.00.00 of the Standard Specification
and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of *****. 
  

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** provide the best results will be assumed. 

  

	5.3	When establishing ***** except if otherwise noted. 

  

	5.4	***** 21-30.31 of the Specification. ***** 

  

	5.5	The engines will be operated using ***** unless otherwise noted. 

  

	5.6	Where applicable, ***** 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A321-***** of the same ***** as those Aircraft purchased by the Buyer and
incorporated in the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	***** 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports *****. 

  
 A320FAM PA – VOI –
AMDT 8 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement No 5F-A321 Sharklet IAE -Page 4/7 

 LETTER AGREEMENT No. 5F TO AMENDMENT No. 8  

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of : 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING ***** 

 Should
the Aircraft fail to meet any of the Guarantees the Seller will ***** 
  

	9.1	Should the Seller ***** 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available ***** mentioned above ***** 

 

	9.3	The Seller’s ***** 

  
 A320FAM PA – VOI –
AMDT 8 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement No 5F-A321 Sharklet IAE -Page 5/7 

 LETTER AGREEMENT No. 5F TO AMENDMENT No. 8  

 

	11	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	15	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	16	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	17	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	18	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement No 5F-A321 Sharklet IAE -Page 6/7 

 LETTER AGREEMENT No. 5F TO AMENDMENT No. 8  

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

							
	Agreed and accepted	  	Agreed and accepted
		
	For and on behalf of	  	For and on behalf of
	CONTROLADORA VUELA	  	            AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	  		  	
		
	 /s/ Alfonso Ascencio Triujeque
	  	 /s/ Christophe Mourey

	Name:	 	Alfonso Ascencio Triujeque	  	Name:	  	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	  	Its:	  	 Senior Vice President

Contracts

		
	 /s/ Mario E. Geyne
	  	
	Name:	 	Mario E. Geyne	  		  	
	Its:	 	 Financial and Fleet
 Planning
Director
	  		  	

  
 A320FAM PA – VOI –
AMDT 8 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement No 5F-A321 Sharklet IAE -Page 7/7 

 LETTER AGREEMENT No. 6 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.

 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210,
Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : PRODUCT SUPPORT 
 CONTROLADORA VUELA
COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the “Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the
“Amendment No. 8”) and an amendment no. 9 (the “Amendment No. 9”) dated as of even date herewith, which amendments cover the manufacture and the sale by the Seller and the purchase by the Buyer of (a) the 2011 Incremental
Aircraft as described in the Amendment No. 8 and (b) the NEO Aircraft as described in the Amendment No. 9. The Purchase Agreement as amended together with the Amendment No. 8 and the Amendment No. 9 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement, Amendment No. 8 and/or Amendment No. 9. 
 Both parties agree that this Letter Agreement, upon execution thereof,
shall constitute an integral, nonseverable part of said Agreement as amended by Amendment No. 8 and/or Amendment No. 9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement.

 For the purpose of this Letter Agreement, the 2011 Incremental Aircraft and NEO Aircraft shall be referred to as the “Aircraft”.

  
 A320FAM PA – VOI –
AMDT 8 and 9 LA6 – Ref. D11032737 - December 2011 
 - Letter Agreement No 6 -Page 1/7 

 LETTER AGREEMENT No. 6 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

 This Letter Agreement No. 6 is applicable to the 2011 Incremental Aircraft and NEO Aircraft only and
supersedes and replaces the original Letter Agreement No. 6 to the Agreement to the extent relating to the 2011 Incremental Aircraft and NEO Aircraft. 
 The following support services are granted by the Seller to the Buyer in consideration of the purchase by the Buyer from the Seller of a total of forty-four (44) 2011 Incremental Aircraft and NEO
Aircraft. 
  

	1	Seller Representative Services 

 In accordance with the provisions as set forth in Clause 15.2 of the Purchase Agreement, the Seller grants to the Buyer ***** man months of Customer Support Representative services. 

 

	2	Training Services 

Pursuant to the provisions in Clause 16 Appendix A, the Seller hereby agrees to provide to the Buyer the following ***** training
services: 
  

	2.1	Flight Crew Training (standard transition course) 

 The Seller shall provide flight crew training (standard transition course) ***** of the Buyer’s flight crews *****. 
 If the Buyer reasonably demonstrates its need for additional flight crew training, the Seller shall ***** the flight crew training ***** by up to a total of ***** standard flight crew transition courses.

  

	2.2	Flight Crew Line Initial Operating Experience 

 The Seller shall provide to the Buyer pilot Instructor(s) ***** for a period of *****. Unless otherwise agreed during the Training Conference, in order to follow the Aircraft Delivery schedule, the
maximum number of pilot Instructors present at any one time shall be limited to *****. 
  

	2.3	Type Specific Cabin Crew Training Course 

 The Seller shall provide to the Buyer ***** type specific training for cabin crews for ***** cabin crew instructors, pursers or cabin attendants. 

 

	2.4	Airbus Pilot Instructor Course (APIC) 

 The Seller shall provide to the Buyer transition Airbus Pilot Instructor Course(s) (APIC), for flight and synthetic instruction, ***** instructors. APIC courses shall be performed in groups of *****
trainees. 
  

	2.5	PERFORMANCE / OPERATIONS COURSE(S) 

 The Seller shall provide to the Buyer ***** trainee days of performance / operations training ***** for the Buyer’s personnel. 

  
 A320FAM PA – VOI –
AMDT 8 and 9 LA6 – Ref. D11032737 - December 2011 
 - Letter Agreement No 6 -Page 2/7 

 LETTER AGREEMENT No. 6 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

 The Buyer shall be free to select courses from the Airbus Customer Services Catalog.

  

	2.6	MAINTENANCE TRAINING 

 The Seller
shall provide to the Buyer ***** trainee days of maintenance training ***** for the Buyer’s personnel per firmly ordered aircraft (i.e. ***** days for ***** Aircraft). 
 The Buyer shall be free to select courses from the Airbus Customer Services Catalog. 
  

	2.7	Supplier and Engine Manufacturer Training 

 The Seller shall ensure that all major Suppliers and the selected Propulsion System manufacturer shall provide maintenance and overhaul training on their products at appropriate times taking into account
the Buyer’s operational demands and training needs. 
 A list of Supplier courses shall be made available. 

 

	3	Material Support 

  

	3.1	Spare Parts Leasing 

 In order to
ensure flexibility and reduce costs, the Seller offers the Buyer a lease service for a variety of Seller parts with a price of at least ***** USD. 
  

	3.2	Repair Management Services 

 The
Seller offers the Buyer Repair Management Services for AIRBUS parts and supplier parts. 
  

	3.3	Customer Order Desk 

 The
Seller operates a “Customer Order Desk”, the main functions of which are: 
  

	 	(i)	Management of order entries for all priorities, including Aircraft On Ground (“AOG”); 

 

	 	(ii)	Management of order changes and cancellations; 

  

	 	(iii)	Administration of Buyer’s routing instructions; 

  

	 	(iv)	Management of Material returns; 

  

	 	(v)	Clarification of delivery discrepancies; 

  

	 	(vi)	Issuance of credit and debit notes. 

 The Buyer hereby agrees to communicate its orders for Material to the Customer Order Desk either in electronic format (SPEC 2000) or via the Internet. 

  
 A320FAM PA – VOI –
AMDT 8 and 9 LA6 – Ref. D11032737 - December 2011 
 - Letter Agreement No 6 -Page 3/7 

 LETTER AGREEMENT No. 6 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

	4.	Engineering and Technical Support Services 

 The Buyer may obtain from AIRBUS engineering services to support the Aircraft operation, compatible with the Buyer’s particular needs such as: 

 

	 	•	 	 Engineering recommendations with regard to the actual technical status of the Aircraft, including trouble shooting advice,

  

	 	•	 	 Identification and development of modifications and/or product improvements, 

 

	 	•	 	 Direct technical assistance, covering troubleshooting assistance and Aircraft repair assistance, 

 

	 	•	 	 Technical AOG service, 24 hours a day, 7 days a week. 

 Other services according to the Buyer’s needs can be provided and customized accordingly. 
  

	5	Technical Data & Software 

  

	5.1	Revision Service 

 In respect of
the 2011 Incremental Aircraft and NEO Aircraft only, Clause 14.5 (Revision Period) is hereby deleted in its entirety and replaced by the following; 
 QUOTE 
  

	 	14.5	Revision Service 

 Unless
otherwise specifically stated, revision service for the Technical Data shall be provided on a ***** for the period of ***** (the “Revision Service Period”). 
 UNQUOTE 
 For the avoidance of doubt this ‘Revision Service
Period’ will apply to the Flight Operations Technical Data, Maintenance Technical Data Package and PEP software described in Clause 14 and Exhibit G. 
  

	5.2	CBT Software 

 Pursuant to the
provisions in Clause 16 - Appendix A No. 4 ‘Training Aids for Buyer’s Training Organisation’ and Clause 16—Appendix C No. 4 ‘Term’, the Buyer acknowledges that the Airbus CBT Software and Airbus CBT Courseware and
Virtual Aircraft licences already extended to the Buyer also apply to NEO Aircraft. 

  
 A320FAM PA – VOI –
AMDT 8 and 9 LA6 – Ref. D11032737 - December 2011 
 - Letter Agreement No 6 -Page 4/7 

 LETTER AGREEMENT No. 6 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

	6	***** 

 The Seller shall *****
2011 Incremental Aircraft or NEO Aircraft a ***** (the *****: 
 USD ***** 

The ***** shall be ***** and shall be used by the Buyer *****. 
 Alternatively the *****, may, ***** 2011 Incremental Aircraft or NEO Aircraft, in which case the Buyer may ***** at the prices and conditions quoted in the then valid Customer Services Catalogue.

 The ***** and shall be ***** 2011 Incremental Aircraft *****. 

 

	7	***** 

 As a ***** from the
Seller, the Seller shall ***** of each 2011 Incremental Aircraft or NEO Aircraft ***** (the *****: 
 USD ***** 

The ***** 2011 Incremental Aircraft or NEO Aircraft. 
  

	8	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	9	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	10	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	11	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 and 9 LA6 – Ref. D11032737 - December 2011 
 - Letter Agreement No 6 -Page 5/7 

 LETTER AGREEMENT No. 6 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

	12	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 and 9 LA6 – Ref. D11032737 - December 2011 
 - Letter Agreement No 6 -Page 6/7 

 LETTER AGREEMENT No. 6 TO AMENDMENT No. 8 and AMENDMENT No. 9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

							
	Agreed and accepted	  	 Agreed and accepted

		
	 For and on behalf of

CONTROLADORA VUELA
 COMPAŇĺA
DE AVIACIÓN, S.A.P.I. de C.V.
	  	 For and on behalf of

        AIRBUS S.A.S.

	 /s/ Alfonso Ascencio Triujeque
	  	 /s/ Christophe Mourey

	Name:	 	Alfonso Ascencio Triujeque	  	Name:	  	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	  	Its:	  	 Senior Vice President

Contracts

			
	 /s/ Mario E. Geyne
	  		  	
	Name:	 	Mario E. Geyne	  		  	
	Its:	 	 Financial and Fleet
 Planning
Director
	  		  	

  
 A320FAM PA – VOI –
AMDT 8 and 9 LA6 – Ref. D11032737 - December 2011 
 - Letter Agreement No 6 -Page 7/7 

 LETTER AGREEMENT No. 7 TO AMENDMENT No. 8 

 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.

 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210,
Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : ***** – 2011 INCREMENTAL AIRCRAFT 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the “Amendment No. 8”) dated as of even date herewith, which amendment covers
the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement as amended together with the Amendment No. 8 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No. 8. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

 

  
 A320FAM PA – VOI –
AMDT 8 LA07 – Ref. D11032737 - December 2011 
 - Letter Agreement No 7 -Page 1/3 

 LETTER AGREEMENT No. 7 TO AMENDMENT No. 8 

 

 This Letter Agreement No. 7 is applicable to the 2011 Incremental Aircraft only and supersedes and
replaces the original Letter Agreement No. 1 to the Agreement to the extent relating to the 2011 Incremental Aircraft. 
  

	1	***** 

  

	1.1	***** 

 ***** 

 

	1.2	***** 

 ***** 

 

	2	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	3	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	4	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	5	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	6	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA07 – Ref. D11032737 - December 2011 
 - Letter Agreement No 7 -Page 2/3 

 LETTER AGREEMENT No. 7 TO AMENDMENT No. 8 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

							
	Agreed and accepted	  	Agreed and accepted
		
	For and on behalf of	  	For and on behalf of
	CONTROLADORA VUELA	  	        AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	  	
		
	 /s/ Alfonso Ascencio Triujeque
	  	 /s/ Christophe Mourey

	Name:	 	Alfonso Ascencio Triujeque	  	Name:	  	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	  	Its:	  	 Senior Vice President

Contracts

			
	 /s/ Mario E. Geyne
	  		  	
	Name:	 	Mario E. Geyne	  		  	
	Its:	 	 Financial and Fleet
 Planning
Director
	  		  	

  
 A320FAM PA – VOI –
AMDT 8 LA07 – Ref. D11032737 - December 2011 
 - Letter Agreement No 7 -Page 3/3 

 EXECUTION VERSION 23.12.11 12h00 

Letter Agreement No. 8 to Amendment No. 8 and Amendment No. 9 
 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.P.I. DE C.V., 

Prolongación Paseo de la Reforma Número 490, 
 Piso 1, Colonia Santa Fe Peña Blanca, 
 01210 Mexico, 

Delegación Álvaro Obregón, 

México, D.F. México 
  

	SUBJECT:	    A320 FAMILY AND A320NEO FAMILY ***** SUPPORT PROPOSAL 

      LETTER AGREEMENT (the “Letter Agreement”) 

CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.P.I. DE C.V. (“Buyer”) and AIRBUS S.A.S. (“Airbus”)
have entered into two amendment agreements of even date herewith (“Amendment No. 8” and “Amendment No. 9”) each to the purchase agreement dated 28 October 2005 as supplemented and amended from time to
time (together the “Purchase Agreement”) which sets out, amongst other things, the principal terms and conditions pursuant to which Airbus shall agree to manufacture and sell and the Buyer shall purchase an incremental fourteen
(14) firmly ordered Airbus A320 family aircraft (the “2011 Incremental Aircraft”) and thirty (30) firmly ordered Airbus A320neo family (the “NEO Aircraft”) aircraft (together the
“Aircraft”). 
 Capitalised terms used in this Letter Agreement (and the Exhibit attached hereto) and not otherwise defined in
this Letter Agreement shall have the meanings assigned thereto in the Purchase Agreement (including definitions incorporated therein by reference to another document). In this Letter Agreement, Airbus and the Engine Manufacturer (and any of their
respective subsidiaries, affiliates or parent companies) shall collectively be referred to as the “Manufacturers” and “affiliates” shall mean, with respect to any entity (“Entity”), any other entity
directly or indirectly controlling or controlled by the Entity or under direct or indirect common control with the Entity or any other member companies of the same group as the Entity, as the case may be. 

The Buyer and the Seller agree that this Letter Agreement constitutes an integral, non-severable part of the Purchase Agreement and shall be governed by
all its provisions save where such provisions have been specifically amended pursuant to this Letter Agreement. In the event of any conflict between the terms of this Letter Agreement (and the Exhibit attached hereto) and the terms of the Purchase
Agreement (and any of the exhibits or appendices thereto), the terms of this Letter Agreement shall prevail. 
 Nothing in this Letter Agreement
shall be construed as constituting any waiver or limitation of the obligations of the Buyer under the Purchase Agreement or in any way absolving the Buyer from its obligation to take delivery of any Aircraft under the Purchase Agreement. 

 ***** 
 ***** 

  
 Page 2/19

 ***** 

  
 Page 3/19

 ***** 

  
 Page 4/19

 ***** 

  
 Page 5/19

 ***** 

  
 Page 6/19

 ***** 

  
 Page 7/19

 ***** 

  
 Page 8/19

 ***** 

  
 Page 9/19

 ***** 

  
 Page 10/19

 ***** 

  
 Page 11/19

 ***** 

  
 Page 12/19

 ***** 

  
 Page 13/19

 ***** 

  
 Page 14/19

 ***** 

  
 Page 15/19

 ***** 

  
 Page 16/19

 ***** 

  
 Page 17/19

 ***** 

  
 Page 18/19

 Exhibit 
 ***** 
 ........................................

 CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.P.I. DE C.V. 

  
 Page 19/19

 Letter Agreement No. 8 to Amendment No. 8 and Amendment No. 9 

 
 If the foregoing correctly sets forth our understanding, please execute two
(2) originals in the space provided below and return one (1) original of this Letter Agreement to Airbus. 
  

			
	Agreed and Accepted	 	Agreed and Accepted
	For and on behalf of	 	For and on behalf of
		
	 CONTROLADORA VUELA

COMPAÑÍA DE AVIACIÓN, 

S.A.P.I. DE C.V.
	 	AIRBUS S.A.S. 

  

									
	/s/ Alfonso Ascencio Triujeque	 		 	/s/ Christophe Mourey
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	 		 	Its:	 	 Senior Vice President

Contracts

				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

 December 27, 2011 

  
 A320FAM PA – VOI –
AMDT 8 and 9 LA8 – Ref. D11032737 - December 2011 
 - Letter Agreement No 9 

 LETTER AGREEMENT No. 9 TO AMENDMENT No. 8 

 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.

 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210,
Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : ***** – BACKLOG AIRCRAFT 
 CONTROLADORA VUELA
COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the “Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the
“Amendment No. 8”) dated as of even date herewith, which amendment covers the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement
as amended together with the Amendment No. 8 shall be referred to as the “Agreement”. 
 Capitalized terms used herein and not
otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement and/or Amendment No. 8. 
 Both parties
agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part of said Agreement as amended by Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended
pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA09 – Ref. D11032737 - December 2011 
 - Letter Agreement No 1 -Page 1/3 

 LETTER AGREEMENT No. 9 TO AMENDMENT No. 8 

 
 This Letter Agreement No. 9 is applicable to the ***** as set forth in the
delivery schedule in Clause 4 of Amendment No. 8 (the “***** Aircraft”) only. 
  

	1	In the context of the transactions outlined in Amendment No. 8 and Amendment No. 9, the Seller ***** Aircraft ***** Aircraft (the “*****”).

 The ***** is in US Dollars quoted in *****. 

The Buyer understands and acknowledges that the Seller has *****. 
 ***** 
 ***** 

 

	2	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	3	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	4	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	5	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	6	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA09 – Ref. D11032737 - December 2011 
 - Letter Agreement No 1 -Page 2/3 

 LETTER AGREEMENT No. 9 TO AMENDMENT No. 8 

 
 If the foregoing correctly sets forth our understanding, please execute two
(2) originals in the space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

			
	Agreed and accepted	 	Agreed and accepted
		
	For and on behalf of	 	For and on behalf of
	CONTROLADORA VUELA	 	            AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 	

  

									
	/s/ Alfonso Ascencio Triujeque	 		 	/s/ Christophe Mourey
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	 		 	Its:	 	 Senior Vice President

Contracts

				
	/s/ Mario E. Geyne	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	 Financial and Fleet
 Planning
Director
	 		 		 	

  
 A320FAM PA – VOI –
AMDT 8 LA09 – Ref. D11032737 - December 2011 
 - Letter Agreement No 1 -Page 3/3 

 LETTER AGREEMENT No. 10 TO AMENDMENT No. 8 

 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.

 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña Blanca, 
 Código Postal 01210,
Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : PDPs – 2011 INCREMENTAL AIRCRAFT 
 CONTROLADORA
VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the “Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no. 8 (the
“Amendment No. 8”) dated as of even date herewith, which amendment covers the manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No. 8. The Purchase Agreement
as amended together with the Amendment No. 8 shall be referred to as the “Agreement”. 
 Capitalized terms used herein and not
otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement and/or Amendment No. 8. 
 Both parties
agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part of said Agreement as amended by Amendment No. 8 and shall be governed by all its provisions, as such provisions have been specifically amended
pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 8 LA10 – Ref. D11032737 - December 2011 
 - Letter Agreement No 10 -Page 1/6 

 LETTER AGREEMENT No. 10 TO AMENDMENT No. 8 

 
 This Letter Agreement No. 10 is applicable to the 2011 Incremental Aircraft
only. 
  

	1	Predelivery Payment Schedule 

  

	1.1	***** 

 In respect of the 2011
Incremental Aircraft, Clause 5.2 of the Agreement shall be deleted in its entirety and replaced by the following: 
 QUOTE

 5.2 ***** 
 ***** 
 UNQUOTE 

 

	1.2	Predelivery Payment Reference Price 

 In respect of the 2011 Incremental Aircraft, Clause 5.3.1 of the Agreement shall be deleted in its entirety and replaced by the following: 

QUOTE 

5.3.1 
 The Buyer
shall pay Predelivery Payments to the Seller calculated on the predelivery payment reference price of each 2011 Incremental Aircraft. The predelivery payment reference price is determined by the following formula: 

***** 
 *****

 ***** 

UNQUOTE 

  
 A320FAM PA – VOI –
AMDT 8 LA10 – Ref. D11032737 - December 2011 
 - Letter Agreement No 10 -Page 2/6 

 LETTER AGREEMENT No. 10 TO AMENDMENT No. 8 

 
  

	1.3	Predelivery Payment Schedule ***** Aircraft 

 In respect of the 2011 Incremental Aircraft having their Scheduled Delivery Month (or Scheduled Delivery Quarter as the case may be) in the year *****, Clause 5.3.2 of the Agreement shall be
deleted in its entirety and replaced by the following: 
 QUOTE 

Predelivery Payments for the ***** shall be made in accordance with the following schedule: 

 

			
	 DUE DATE OF PAYMENTS
	  	 USD AMOUNT OR
 PERCENTAGE
OF
 PREDELIVERY PAYMENT
 REFERENCE
PRICE

	 *****
	  	USD *****
		
	 *****
	  	USD *****
		
	 *****
	  	USD *****
		
	 *****
	  	
		
	 *****
	  	*****
	 *****
	  	*****
	 *****
	  	*****
	 *****
	  	*****
		  	*****

  
 Total
Payment prior to Delivery 
 UNQUOTE 

  
 A320FAM PA – VOI –
AMDT 8 LA10 – Ref. D11032737 - December 2011 
 - Letter Agreement No 10 -Page 3/6 

 LETTER AGREEMENT No. 10 TO AMENDMENT No. 8 

 
  

	1.4	Predelivery Payment Schedule ***** Aircraft ***** 

 In respect of the 2011 Incremental Aircraft not having their Scheduled Delivery Month (or Scheduled Delivery Quarter as the case may be) in the *****, Clause 5.3.2 of the Agreement shall be
deleted in its entirety and replaced by the following: 
 QUOTE 

Predelivery Payments for the ***** shall be made in accordance with the following schedule: 

 

			
	 DUE DATE OF PAYMENTS
	  	USD AMOUNT OR
 PERCENTAGE OF

PREDELIVERY PAYMENT
 REFERENCE
PRICE

	 *****

*****
	  	USD *****
 USD *****

		
	 *****
	  	USD *****
		
	 *****
	  	USD *****
		
	 *****
	  	USD *****
		
	 *****
	  	
	 *****
	  	*****
	 *****
	  	*****
	 *****
	  	*****
	 *****
	  	*****
		  	*****

  
 Total
Payment prior to Delivery 
 UNQUOTE 

  
 A320FAM PA – VOI –
AMDT 8 LA10 – Ref. D11032737 - December 2011 
 - Letter Agreement No 10 -Page 4/6 

 LETTER AGREEMENT No. 10 TO AMENDMENT No. 8 

 

	2	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	3	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	4	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	5	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	6	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 8 LA10 – Ref. D11032737 - December 2011 
 - Letter Agreement No 10 -Page 5/6 

 LETTER AGREEMENT No. 10 TO AMENDMENT No. 8 

 
 If the foregoing correctly sets forth our understanding, please execute two
(2) originals in the space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

					
	Agreed and accepted	 	Agreed and accepted
		
	For and on behalf of	 	For and on behalf of
	CONTROLADORA VUELA	 	            AIRBUS S.A.S.
	COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 	

  

									
	/s/ Alfonso Ascencio Triujeque	 		 	/s/ Christophe Mourey
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	 Directer Jurldico
 General
Counsel
	 		 	Its:	 	 Senior Vice President

Contracts

				
	/s/ Mario E. Geyne	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	 Financial and Fleet
 Planning
Director
	 		 		 	

  
 A320FAM PA – VOI –
AMDT 8 LA10 – Ref. D11032737 - December 2011 
 - Letter Agreement No 10 -Page 6/6 

 AMENDMENT N° 9 

TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 BETWEEN 
 AIRBUS S.A.S. 

as “Seller” 
 A N D 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN,
S.A.P.I. de C.V. 
 as “Buyer” 
 Reference : D11032737 

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	1/53

 AMENDMENT N° 9 TO THE 

A320 FAMILY PURCHASE AGREEMENT 
 This Amendment No.9 (hereinafter referred to as the “Amendment No.9”) is entered into as of the      day of December 2011. 

BETWEEN: 
 AIRBUS S.A.S., a
société par actions simplifiée, created and existing under French law having its registered office at 1 Rond-Point Maurice Bellonte, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce
under number RCS Toulouse 383 474 814 (the “Seller”), 
 and 
 CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. DE C.V. a company organised under the laws of Mexico having its principal place of business at Prolongación Paseo de la
Reforma 490, Primer Piso, Colonia Santa Fe Peña Blanca, Código Postal 01210, Delegación Álvaro Obregón, Mexico, D.F. Mexico (the “Buyer”). 

Together the “Parties” 

WHEREAS : 
  

	 	A.	 The Buyer and the Seller entered into an A320 Family Purchase Agreement dated the 28th October 2005 for the sale by the Seller and the purchase by the Buyer of sixteen (16) A320 Family Aircraft
(thereinafter together with its Exhibits, appendices and Letter Agreements referred to as the “Agreement”). 

  

	 	B.	 The Buyer and the Seller have entered into an Amendment No.1 to the Agreement dated the 22nd June 2007 (the “Amendment No.1”) to amend
certain provisions of the Agreement. 

  

	 	C.	 The Buyer and the Seller have entered into an Amendment No.2 to the Agreement dated the 11th July 2008 (the “Amendment No.2”) to amend
certain provisions of the Agreement. 

  

	 	D.	 The Buyer and the Seller have entered into an Amendment No.3 to the Agreement dated the 30th January 2009 (the “Amendment No.3”) to amend
certain provisions of the Agreement. 

  

	 	E.	 The Buyer and the Seller have entered into an Amendment No.4 to the Agreement dated the 28th October 2010 (the “Amendment No.4”) to amend
certain provisions of the Agreement. 

  

			
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	 	F.	 The Buyer and the Seller have entered into an Amendment No.5 to the Agreement dated the 15th December 2010 (the “Amendment No.5”) to amend
certain provisions of the Agreement. 

  

	 	G.	 The Buyer and the Seller have entered into an Amendment No.6 to the Agreement dated the 15th December 2010 (the “Amendment No.6”) to amend
certain provisions of the Agreement. 

  

	 	H.	 The Buyer and the Seller have entered into an Amendment No.7 to the Agreement dated the
4th January 2011 (the “Amendment
No.7”) to amend certain provisions of the Agreement. 

  

	 	I.	The Buyer and the Seller wish to enter into this Amendment No.9 to the Agreement for the purchase by the Buyer and the sale by the Seller of thirty
(30) incremental Aircraft including the Neo Option and the Sharklets. 

  

	 	J.	Simultaneously with the execution of this Amendment No.9, the Buyer and the Seller wish to enter into an amendment no.8 to the Agreement (the “Amendment
No.8”) for the purchase by the Buyer and the sale by the Seller of fourteen (14) incremental Aircraft including the Sharklets. 

  

	 	K.	It is understood that Amendment No.9, upon execution thereof, shall constitute an integral and non-severable part of the Agreement and that all terms and
conditions of the Agreement shall apply to this Amendment No.9, unless otherwise agreed upon herein. The provisions of this Amendment No.9 shall supersede any contrary provisions of the Agreement in respect of the 2011 Incremental Aircraft.

  

	 	L.	Capitalized terms used herein and not otherwise defined will have the meaning assigned to them in the Agreement. The terms “herein”, “hereof”
and “hereunder” and words of similar import refer to this Amendment No.9. 

 NOW, THEREFORE, IT IS AGREED AS FOLLOWS:

  

			
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 T A B L E  O F  C O N T E N T S 

 

			
	 Clauses
	  	 Titles

		
	 0
	  	SCOPE
		
	 1
	  	DEFINITIONS
		
	 2
	  	NEO AIRCRAFT SPECIFICATION
		
	 3
	  	NEO AIRCRAFT PRICES
		
	 4
	  	NEO AIRCRAFT DELIVERY SCHEDULE
		
	 5
	  	NEO AGREEMENT AMENDMENTS
		
	 6
	  	MISCELLANEOUS PROVISIONS

  

			
	 EXHIBIT A
	  	PRICE REVISION FORMULAE
		  	Part 1: Airframe Price Revision Formula
		  	Part 2: Propulsion Systems Price Revision Formula – PW
		  	Part 3: Propulsion Systems Price Revision Formula – CFM International
		
	 EXHIBIT B1
	  	STANDARD SPECIFICATION
		
	 EXHIBIT B2
	  	SCN LISTS
		  	Appendix 1: A319-100
		  	Appendix 2: A320-200
		  	Appendix 3: A321-200
		
	 EXHIBIT B3
	  	CABIN LAYOUTS
		  	Appendix 1: A319-100
		  	Appendix 2: A320-200
		  	Appendix 3: A321-200
		
	 EXHIBIT B4
	  	FORM OF MANUFACTURER SPECIFICATION CHANGE NOTICE (MSCN)

  

			
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	0.	SCOPE 

  

	0.1	Sale and Purchase: Pursuant to and in accordance with the terms and conditions contained in this Amendment No.9 (and incorporating the relevant provisions of the
Agreement), the Seller shall sell and deliver and the Buyer shall buy and take delivery of thirty (30) A320NEO Aircraft (hereinafter referred to as the “NEO Aircraft”). 

 

	0.2	Amendment of Existing Provisions: The Buyer and the Seller agree to amend certain provisions of the Agreement pursuant to the terms and conditions set out in
this Amendment No.9. 

  

	0.3	With effect from the date hereof, all references to “Aircraft” in the Agreement shall be deemed to include the NEO Aircraft unless expressly stipulated
otherwise herein or elsewhere. 

  

	0.4	Save to the extent specified to the contrary in this Amendment No. 9 (or any associated Letter Agreements), all of the terms and conditions respectively relating
to A319-100, A320-200 and A321-200 set out in the Agreement and its Exhibits and Appendices shall apply to the relevant NEO Aircraft. 

  

	0.5	Applicability of Previous Letter Agreements 

  

	0.5.1	The following Letter Agreements to the Agreement shall not apply in respect of the NEO Aircraft and shall be replaced, where applicable, as follows:

  

	 	(a)	Letter Agreement No. 1 ***** – replaced by Letter Agreement No.1 to this Amendment No.9 ***** – NEO Aircraft); 

 

	 	(b)	Letter Agreement No. 2 ***** – replaced by Letter Agreement No.2 to this Amendment No.9 and to Amendment No.8 (European Export Credit Financing);

  

	 	(c)	Letter Agreement No. 3 ***** – replaced by Letter Agreement No.3 to this Amendment No.9 ***** – NEO Aircraft); 

 

	 	(d)	Letter Agreement No. 4 (Aircraft ***** and Delivery Date *****) – replaced by Letter Agreement No.4 to this Amendment No.9 (***** – NEO Aircraft);

  

	 	(e)	Letter Agreement No. 5A and Letter Agreement No.5B (Performance Guarantees) – replaced by Letter Agreements No.5G through Letter Agreement No.5L to this
Amendment No.9 (Performance Guarantees NEO Aircraft); 

  

	 	(f)	Letter Agreement No. 6 (Product Support) – replaced by Letter Agreement No.6 to this Amendment No.9 and to Amendment No.8 (Product Support);

  

	 	(g)	Letter Agreement No. 7 ***** – replaced by Letter Agreement No.7 to this Amendment No.9 (***** – NEO Aircraft); 

 

	0.5.2	The following Letter Agreements shall be added in respect of the NEO Aircraft: 

 

	 	(a)	Letter Agreement No.8 to this Amendment No.9 and to Amendment No.8 (***** Proposal Letter) 

 

	 	(b)	Letter Agreement No.9 to this Amendment No.9 (PDPs – NEO Aircraft) 

  

	0.5.3	No other Letter Agreements or previous side letters to the Agreement or any amendment to the Agreement shall apply in respect of the NEO Aircraft (except those stated
in this Clause 0.5). 

  

			
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	1.	DEFINITIONS 

 The
following terms and their associated definitions shall replace or complement as appropriate Clause 0 of the Agreement in respect of the NEO Aircraft: 
  

			
	A319 NEO	  	means an Airbus A319-100 aircraft incorporating the New Engine Option, including the Airframe, the relevant Propulsion Systems and any part, component, furnishing or equipment
installed on the Aircraft at Delivery under the terms and conditions of this Agreement, as amended and supplemented from time to time.
		
	A320 NEO	  	means an Airbus A320-200 aircraft incorporating the New Engine Option, including the Airframe, the relevant Propulsion Systems and any part, component, furnishing or equipment
installed on the Aircraft at Delivery under the terms and conditions of this Agreement, as amended and supplemented from time to time.
		
	A321 NEO	  	means an Airbus A321-200 aircraft incorporating the New Engine Option, including the Airframe, the relevant Propulsion Systems and any part, component, furnishing or equipment
installed on the Aircraft at Delivery under the terms and conditions of this Agreement, as amended and supplemented from time to time.
		
	NEO Aircraft:	  	means individually or collectively, an A319 NEO, A320 NEO or an A321 NEO.
		
	Irrevocable SCNs:	  	means the list of SCNs, which are irrevocably part of the NEO Aircraft specifications, as expressly set forth in Appendix 1 through 3 of Exhibit B2 to Amendment No.9 of this
Agreement.
		
	NEO Airframe Basic Price:	  	has the meaning set forth in Clause 3 of Amendment No.9.
		
	NEO Propulsion Systems:	  	has the meaning set forth in Clause 2.3 of Amendment No.9.
		
	NEO Propulsion Systems Basic Price:	  	has the meaning set forth in Clause 3 of Amendment No.9.
		
	New Engine Option:	  	has the meaning set forth in Clause 2.1.2 of Amendment No.9.
		
	Ready for Delivery:	  	means the time when the Technical Acceptance Process has been completed in accordance with Clause 8 and all technical conditions required for the issuance of the Export
Airworthiness Certificate and/or the Statement of Conformity (as applicable) have been satisfied.
		
	Sharklets:	  	means a new large wingtip device, currently under development by the Seller, designed to enhance the eco-efficiency and payload range performance of the A320 family aircraft, and
which are, in respect of the NEO Aircraft, part of the New Engine Option and corresponding Irrevocable SCNs.

  

			
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	2.	NEO AIRCRAFT SPECIFICATION 

  

	2.0	Clause 2 of the Agreement as amended shall not apply to the Neo Aircraft and the following provisions shall apply in their place: 

QUOTE 
  

	2.1	Neo Aircraft Specification 

  

	2.1.1	The relevant NEO Aircraft shall be manufactured in accordance with the Standard Specification applicable to the relevant Aircraft type as follows:

  

	 	(a)	the A319-100 standard specification document number *****, amended to incorporate the design weights: 

 

													
		 		 	MTOW	  	*****	  		  		  	
		 		 	MLW	  	*****	  		  		  	
		 		 	MZFW	  	*****	  		  		  	

  

	 	(b)	the A320-200 standard specification document number *****, amended to incorporate the design weights: 

 

													
		 		 	MTOW	  	*****	  		  		  	
		 		 	MLW	  	*****	  		  		  	
		 		 	MZFW	  	*****	  		  		  	

  

	 	(c)	the A321-200 standard specification document number *****, amended to incorporate the design weights: 

 

													
		 		 	MTOW	  	*****	  		  		  	
		 		 	MLW	  	*****	  		  		  	
		 		 	MZFW	  	*****	  		  		  	

 copies of which have been annexed hereto as Exhibit B1. 

(the “NEO Aircraft Standard Specification”) 
 The NEO Aircraft Standard Specifications may already have been modified or varied prior to the date of this Amendment No.9 by the Specification Change Notices listed in Appendices 1, 2 and 3 of Exhibit B2
hereof. 
  

	2.1.2	New Engine Option 

  

	2.1.2.1	The Seller is currently developing a new engine option (the “New Engine Option” or “NEO”), applicable to the A319-100 A320-200 and A321-200 type
aircraft. The specifications of the A319 NEO, A320 NEO and A321 NEO shall be derived from the current A319-100, A320-200 and A321-200 respective Standard Specification(s) and based on the new NEO Propulsion Systems, as set forth in Clause 2.3 below,
and Sharklets, combined with the required airframe structural adaptations, as well as Aircraft systems and software adaptations required to operate such NEO Aircraft. The foregoing is currently reflected in the ***** listed in Exhibit B2, the
implementation of which is hereby irrevocably accepted by the Buyer. 

  

			
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 With respect to each NEO Aircraft type, the NEO Aircraft Standard Specification together
with the Irrevocable SCNs for the New Engine Option and Sharklets and any other issued and applicable SCN shall be referred to as the NEO Aircraft Specification. 
  

	2.1.2.2	The New Engine Option shall amend the MLW and MZFW design weights of the NEO Aircraft Standard Specification(s) as follows: 

 

							
	 	  	A319 NEO	 	A320 NEO	 	A321 NEO
	 MLW
	  	*****	 	*****	 	*****
	 MZFW
	  	*****	 	*****	 	*****

 It is agreed and understood that the above design weights may be updated upon final NEO specification
freeze. 
  

	2.2	NEO Specification Amendment 

 The parties understand and agree that the NEO Specification may be further amended following signature of this Amendment No.9 in accordance with the terms of this Clause 2.2. 

 

	2.2.1	Specification Change Notice 

The NEO Specification may be amended by written agreement between the parties in a Specification Change Notice (SCN). Each SCN shall set
out the SCN’s relevant NEO Aircraft embodiment Aircraft Rank No. (as specified in Clause 4 hereof) and shall also set forth, in detail, the particular change to be made to the NEO Specification and the effect, if any, of such change on design,
performance, weight, Delivery Date of the relevant NEO Aircraft affected thereby and on the text of the NEO Specification. An SCN may result in an adjustment of the relevant NEO Aircraft Base Price, which adjustment, if any, shall be specified in
the SCN. 
  

	2.2.2	Development Changes 

 The NEO
Specification may also be amended to incorporate changes deemed necessary by the Seller to improve the A320 NEO Family Aircraft, prevent delay or ensure compliance with this Amendment No.9 (“Development Changes”), as set forth in this
Clause 2. 
  

	2.2.2.1	Manufacturer Specification Changes Notices 

  

	2.2.2.1.1	The NEO Specification may be amended by the Seller through a Manufacturer Specification Change Notice (“MSCN”), which shall be substantially in the form set
out in Exhibit B4 hereto, or by such other means as may be deemed appropriate, and shall set out the MSCN’s relevant NEO Aircraft embodiment Aircraft Rank No. as well as, in detail, the particular change to be made to the NEO Specification and
the effect, if any, of such change on performance, weight, Base Price, Delivery Date of the relevant NEO Aircraft affected thereby and interchangeability or replaceability requirements under the Specification. 

 

	2.2.2.1.2	 Except when the MSCN is necessitated by an Aviation Authority directive or by demonstrated equipment obsolescence, in which case the MSCN shall be
accomplished 

  

			
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without requiring the Buyer’s consent, the Seller shall notify the Buyer of a reasonable period of time during which the Buyer must accept or reject such MSCN. If the Buyer does not notify
the Seller of the acceptance of the MSCN within such reasonable period, the MSCN shall be deemed rejected by the Buyer and the corresponding modification shall not be accomplished. 

 

	2.2.2.2	In the event of the Seller revising the NEO Specification to incorporate Development Changes which have no adverse effect on any of the elements as set forth in
2.2.2.1.2 above, such revision shall be performed by the Seller without the Buyer’s consent. 

 The Buyer
shall have access to the details of any such changes through the relevant application in AirbusWorld. 
  

	2.2.2.3	The Seller is ***** 

  

	2.3	NEO Propulsion Systems 

The Airframe of the NEO Aircraft shall be equipped with a set of either two (2) CFM LEAP-X engines or two (2) Pratt &
Whitney PW1100G engines, upon selection referred to respectively the “NEO Propulsion Systems”. 
  

					
	 	  	Pratt & Whitney	 	CFM INTERNATIONAL
	 A319 NEO
	  	PW1124G
 *****
	 	LEAP-X 1A24
 *****

	 A320 NEO
	  	PW1127G
 *****
	 	LEAP-X 1A26
 *****

	 A321 NEO
	  	PW1133G
 *****
	 	LEAP-X 1A32
 *****

 ***** 
 If the Buyer has not selected the NEO Propulsion Systems as of the date of this Amendment No.9, such choice shall be made ***** 

  

			
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	2.4	Customization Milestones 

  

	2.4.1	Customization Milestones Chart 

Within a reasonable period following signature of the Amendment No.9, the Seller shall provide the Buyer with a customization milestones
chart (the “Customization Milestone Chart”), setting out how far in advance of the Scheduled Delivery Month of the NEO Aircraft an SCN must be executed in order to integrate into the NEO Specification any items requested by the
Buyer from the Seller’s catalogues of NEO Specification change options (the “Option Catalogues”). 
 The Seller
shall provide the Buyer with the Customization Milestone chart ***** (with the most restrictive lead-time) needs to be executed. 
  

	2.4.2	Contractual Definition Freeze 

The Customization Milestone Chart shall in particular define the date(s) by which the contractual definition of the NEO Aircraft must be
finalized and all SCNs need to have been executed by the Buyer (the “Contractual Definition Freeze” or “CDF”) in order to enable their incorporation into the manufacturing of the Aircraft and Delivery of the NEO Aircraft in the
Scheduled Delivery Month. Each such date shall be referred to as a “CDF Date”. 
 UNQUOTE 

 

	3.	NEO AIRCRAFT PRICES 

With respect to the NEO Aircraft only, the provisions contained in clauses 3.1 of the Agreement shall not apply and the following
provisions shall apply in their place: 
 QUOTE 

 

	 	3.1	Price of NEO Aircraft 

For each NEO Aircraft, the NEO Aircraft Basic Price shall be respectively the sum of: 

 

	 	i)	the NEO Airframe Basic Price as defined in Clause 3.1.1 below and 

  

	 	ii)	the NEO Propulsion Systems Basic Price as defined in Clause 3.1.2 below. 

  

	 	3.1.1	NEO Airframe Basic Price 

The NEO Airframe Basic Price is the sum of: 
  

	 	(i)	the basic price of the Airframe as defined in the relevant NEO Standard Specification, including Nacelles and Thrust Reversers, and excluding Buyer Furnished Equipment:

  

			
	For the A319 NEO:	  	*****
		  	(US Dollars *****)
		
	For the A320 NEO:	  	USD *****
		  	(US Dollars *****)

  

			
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	For the A321 NEO:	  	USD *****
		  	(US Dollars *****)

  

	 	(ii)	the basic price of the preliminary SCN’s defined and listed in Appendices 1, 2 and 3 of Exhibit B2 to Amendment No.9: 

 

			
	For the A319 NEO:	  	USD *****
		  	(US Dollars *****
		
	For the A320 NEO:	  	USD *****
		  	(US Dollars *****
		
	For the A321 NEO:	  	USD *****
		  	(US Dollars *****

  

	 	(iii)	the basic price of the ***** for Sharklets for the A319 NEO, A320 NEO or A321 NEO: 

 

			
		  	 USD *****

		  	 (US Dollars *****)

  

	 	(iv)	the basic price of the ***** for the NEO Option: 

  

			
	For the A319 NEO:	  	USD *****
		  	(US Dollars *****)
		
	For the A320 NEO:	  	USD *****
		  	(US Dollars *****)
		
	For the A321 NEO:	  	USD *****
		  	(US Dollars *****)

  

	 	(v)	the basic price of the “*****”, if the Buyer selects CFM LEAP-X NEO Propulsion Systems for the A319 NEO, A320 NEO or A321 NEO: 

 

			
		  	USD *****
		  	(US Dollars *****)

 All respective NEO Airframe Basic Prices have been established in accordance with the ***** and
corresponding to a theoretical delivery in January 2011 (the “Base Period”). 
 All respective NEO Airframe
Basic Prices shall be revised up to the date of delivery of each respective NEO Aircraft in accordance with the Airframe Price Revision Formula set out in Part 1 of Exhibit A hereto. 

 

	 	3.1.2	NEO Propulsion Systems Basic Price 

 The basic price of the NEO Propulsion Systems (the “NEO Propulsion Systems Basic Price”) shall, depending on the Propulsion Systems selected by the Buyer, be as applicable pursuant to Clauses
3.1.2.1 or 3.1.2.2. 
  

	 	3.1.2.1	The base price of a set of two (2) CFM INTERNATIONAL Propulsion Systems 

  

			
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	LEAP-X 1A24:	  	USD *****	  	for A319 NEO	  		  	
					
	LEAP-X 1A26:	  	USD *****	  	for A320 NEO	  		  	
					
	LEAP-X 1A32:	  	USD *****	  	for A321 NEO	  		  	

 The NEO Propulsion Systems Basic Prices have been established in accordance with the delivery conditions
prevailing in ***** have been computed from the Propulsion Systems Reference Price as set forth in Exhibit A Part 2 to this Amendment No.9. The Propulsion Systems Reference Price corresponds to the thrust ratings defined for the respective
Propulsion Systems in Clause 2.3 and may be revised to reflect thrust rating adjustments upon final NEO Aircraft specification freeze. 
  

	 	3.1.2.2	The base price for a set of two (2) Pratt & Whitney Propulsion Systems is: 

 

									
	PW1124G:	  	USD *****	  	for A319 NEO	  		  	
					
	PW1127G:	  	USD *****	  	for A320 NEO	  		  	
					
	PW1133G:	  	USD *****	  	for A321 NEO	  		  	

 The NEO Propulsion Systems Basic Prices have been established in accordance with the delivery conditions
prevailing in ***** have been computed from the Propulsion Systems Reference Price as set forth in Exhibit A Part 3 to this Amendment No.9. The Propulsion Systems Reference Price corresponds to the thrust ratings defined for the respective
Propulsion Systems in Clause 2.3 and may be revised to reflect thrust rating adjustments upon final NEO Aircraft specification freeze. 
 All respective NEO Propulsion Systems Basic Prices shall be revised up to the date of delivery of each respective NEO Aircraft in accordance with the relevant Propulsion Systems Price Revision Formula set
out in Part 2 and Part 3 of Exhibit A hereto. 
 UNQUOTE 

 

	4.	NEO AIRCRAFT DELIVERY SCHEDULE 

 The NEO Aircraft shall have the ***** and shall be added to the delivery schedule (as set forth in Clause 9.1.1 of the Agreement as amended by Amendment No.8) in accordance with the following: 

QUOTE 
  

	 	9.1.1	Delivery Schedule 

Subject to Clauses 2, 7, 8, 10 and 18, the Seller shall have the Aircraft Ready for Delivery at the Delivery Location within the
following months: 
  

							
	Aircraft Rank	  	Aircraft Type	  	 Delivery Month
 /Quarter
	  	Year
				
	 ***** A320 NEO
	  	*****    2017	  		  	
	 ***** A320 NEO
	  	*****    2017	  		  	
				
	 ***** A320 NEO
	  	*****    2018	  		  	
	 ***** A320 NEO
	  	*****    2018	  		  	

  

			
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	 ***** A320 NEO
	  	*****    2018	  		  	
	 ***** A320 NEO
	  	*****    2018	  		  	
	 ***** A320 NEO
	  	*****    2018	  		  	
	 ***** A320 NEO
	  	*****    2018	  		  	
				
	 ***** A320 NEO
	  	*****    2019	  		  	
	 ***** A320 NEO
	  	*****    2019	  		  	
	 ***** A320 NEO
	  	*****    2019	  		  	
	 ***** A320 NEO
	  	*****    2019	  		  	
	 ***** A320 NEO
	  	*****    2019	  		  	
	 ***** A320 NEO
	  	*****    2019	  		  	
	 ***** A320 NEO
	  	*****    2019	  		  	
	 ***** A320 NEO
	  	*****    2019	  		  	
	 ***** A320 NEO
	  	*****    2019	  		  	
	 ***** A320 NEO
	  	*****    2019	  		  	
				
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	
	 ***** A320 NEO
	  	*****    2020	  		  	

 Each of above ***** shall be, with respect to the corresponding NEO Aircraft, the “Scheduled
Delivery Quarter”. The Seller shall notify the Buyer no later than ***** in respect of each such NEO Aircraft. Following such notification by the Seller, each of such scheduled delivery months shall be, with respect to the corresponding
Aircraft, the “Scheduled Delivery Month”. 
 For the sole purpose of calculating the Predelivery Payments,
*****. 
 The Seller shall give the Buyer at least ***** prior written notice of the anticipated delivery week in which the
Aircraft shall be ready for Delivery. Thereafter the Seller shall notify the Buyer of any change in such delivery week necessitated by the conditions of manufacture or flight. 
 UNQUOTE 
  

	5.	NEO AGREEMENT AMENDMENTS 

  

	5.1	Predelivery Payments 

Clause 5.3.4 of the Agreement shall not apply to the NEO Aircraft and the following provisions shall apply in its place: 

QUOTE 

  

			
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 5.3.4 
 5.3.4.1 
 ***** 

5.3.4.2 
 *****
USD ***** (US Dollars – *****)*****. 
 5.3.4.3 
 ***** 
 5.3.4.4 

***** 
 For the
purpose of this Clause 5.3.4, the term Aircraft shall include any of the NEO Aircraft and the 2011 Incremental Aircraft (as the term is set forth in Amendment No.8). 
 UNQUOTE 

  

			
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	5.2	Non-Excusable Delay 

Clause 11.1 through 11.3 of the Agreement shall not apply to the NEO Aircraft and is hereby replaced by the following: 

QUOTE 
  

	 	11.1	Liquidated Damages 

Should any of the NEO Aircraft not be Ready for Delivery to the Buyer ***** after the last day of the Scheduled Delivery Month (as varied
by virtue of Clauses 2, 5, 7, 10) (the “NEO Delivery Period”) and such delay is not a result of an Excusable Delay or Total Loss (a “Non-Excusable Delay”), then the Buyer shall have the right to claim, and the
Seller shall *****: 
  

	 	(i)	***** 

 ***** 

 

	 	(ii)	***** 

 ***** 

 

	 	(iii)	***** 

 ***** 

 

	 	(iv)	***** 

 ***** 

 

	 	(v)	***** 

 ***** 

The amount of such liquidated damages shall in no event exceed the following total amounts in respect of any one NEO Aircraft:

 ***** 
 The Buyer shall submit a claim in respect of such liquidated damages in writing to the Seller. 
 In respect of the NEO Aircraft having their Scheduled Delivery Month in the years 2019 and later, 
  

	 	(a)	the NEO Delivery Period ***** after the last day of the respective Scheduled Delivery Month and as varied by virtue of Clauses 2, 5, 7, 10 and the liquidated damages
shall be payable on the date falling ***** after the last day of the Scheduled Delivery, and 

  

	 	(b)	***** 

 For the purpose of this
Clause 5.2 and in the event of the scheduled delivery for the relevant NEO Aircraft quoted in Scheduled Delivery Quarter at the time of notification by the Seller of the occurrence of a Non-Excusable Delay as per above provisions, the term Scheduled
Delivery Month herein, if applicable, *****. 

  

			
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 All amounts stated in this Clause 11.1 shall be: 

 

	 	(a)	flat amounts in respect of the NEO Aircraft having their Scheduled Delivery Month in the *****, and 

 

	 	(b)	quoted in ***** in respect of the NEO Aircraft having their Scheduled Delivery Month in the ***** and later and shall be revised up to the date of the initial Scheduled
Delivery Month of each affected NEO Aircraft in accordance with the Airframe Price Revision Formula set out in Part 1 of Exhibit A of the Amendment No.9 as amended by Letter Agreement No.7 to the Amendment No.9. 

The Airframe Price Revision Formula a set forth in Part 1 of Exhibit A hereto shall not be applicable for any period of Non-Excusable
Delay falling directly after the NEO Delivery Period when revising any amount subject to revision by the Airframe Price Revision Formula. 
 11.2 Re-negotiation 
 If, as a result of Non-Excusable Delay, Delivery does
not occur in the period falling ***** after the NEO Delivery Period (the “Re-negotiation Period”), the Buyer shall have the right exercisable by written notice to the Seller given ***** after the expiration of the Re-negotiation Period to
require from the Seller a re-negotiation of the Scheduled Delivery Month (or Scheduled Delivery Quarter as the case may be) for the affected NEO Aircraft. Unless otherwise agreed between the Seller and the Buyer during such re-negotiation, the
re-negotiation shall not prejudice the Buyer’s right to receive liquidated damages in accordance with Clause 11.1 during the period of Non-Excusable Delay. 
 With respect to the NEO Aircraft having their Scheduled Delivery Month in the *****, the Re-negotiation Period *****. 
 11.3 Termination 
 If, as a result of Non-Excusable Delay, Delivery does
not occur within ***** after the NEO Delivery Period (the “Termination Period”) and the parties have not re-negotiated the Delivery Date (or the Scheduled Delivery Month or Scheduled Delivery Quarter as the case may be) pursuant to
Clause 11.2, the Buyer in its discretion and the Seller in the exercise of good faith shall have the right exercisable by written notice to the other party, given ***** after expiration of the Termination Period to terminate the Agreement in
respect of the affected NEO Aircraft ***** and neither party shall have any claim against the other in respect of such non-delivery except that the Seller shall *****. 
 Such ***** payable pursuant to sub-Clause 11.1. 
 The Seller, *****. 

With respect to the NEO Aircraft having their Scheduled Delivery Month in the *****, the Termination Period *****. 

UNQUOTE 

7.3.2. 

Notwithstanding the provisions of sub-Clauses 7.3.1 (i) and (ii), if the Change in Law relates to the Propulsion Systems, the costs
shall be borne in accordance with such arrangements as may be made separately between the Buyer and the Propulsion Systems Manufacturer. 

  

			
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 UNQUOTE 

 

	5.3	Buyer Furnished Equipment 

Clause 18.1.4 of the Agreement shall not apply to the NEO Aircraft and the following provisions shall apply in its place: 

QUOTE 

18.1.4 
 *****

 UNQUOTE 
  

	5.4	Taxes 

 Clause 5.8 of the
Agreement shall not apply to the NEO Aircraft and the following provisions shall apply in its place: 
 QUOTE 

5.6 Taxes 

5.6.1 
 *****

 5.6.2 
 ***** 
 5.6.3 

The Buyer shall bear the costs of and pay any and all taxes, duties or similar charges of any nature arising in connection with this
Agreement and not assumed by the Seller under Clause 5.6.2 including but not limited to any duties or taxes due upon or in relation to the importation or registration of the NEO Aircraft in Buyer’s country and/or any withholdings or deductions
levied or required in Buyer’s country in respect of the payment to the Seller of any amount due by the Buyer under the Agreement. 
 UNQUOTE 
  

	6.	MISCELLANEOUS PROVISIONS 

  

	6.1	Effect of the Amendment 

The Agreement will be deemed amended to the extent herein provided and, except as specifically amended hereby, will continue in full
force and effect in accordance with its original terms. This Amendment No.9 supersedes any previous understandings, commitments, or representations whatsoever, whether oral or written, related to the subject matter of this Amendment No.9.

 Both parties agree that this Amendment No.9 will constitute an integral, non-severable part of the Agreement and shall be
governed by its provisions, except that if the Agreement and this Amendment No.9 have specific provisions that are inconsistent, the specific provisions contained in this Amendment No.9 shall govern. 

  

			
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 Capitalized terms used herein and not otherwise defined herein shall have the meanings
assigned thereto in the Agreement and its Exhibits. 
  

	6.2	Confidentiality 

 This
Amendment No.9 is subject to the confidentiality provisions set forth in Clause 22.10 of the Agreement. 
  

	6.3	Law and Jurisdiction 

This Amendment No.9 shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in connection
with this Amendment No.9 shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	6.4	Severability 

 In the
event that any provision of this Amendment No.9 should for any reason be held ineffective, the remainder of this Amendment No.9 shall remain in full force and effect. To the extent permitted by applicable law, each Party hereby waives any provision
of law which renders any provision of this Amendment No.9 prohibited or unenforceable in any respect. Any provisions of this Amendment No.9 which may prove to be or become illegal, invalid or unenforceable in whole or in part, shall as far as
reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Amendment No.9. 
 This Amendment No.9 is executed in two original English counterparts, each of which is an original and both of which together evidence the same agreement. This Amendment No.9 shall not be varied or
modified except by an instrument in writing executed by both parties or by their duly authorised representatives. 
  

	6.5	Validity 

 In order to be
valid, this Amendment No.9 shall be executed together with Amendment No.8 as of the same date as the date hereof. 

  

			
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 IN WITNESS WHEREOF this Amendment No.9 was entered into the day and year first above written. 

 

									
	Agreed and accepted	 		 	Agreed and accepted
			
	For and on behalf of	 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 	AIRBUS S.A.S.
			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  

			
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 EXHIBIT A – PART 1 – AIRFRAME PRICE REVISION FORMULA 

With respect to the NEO Aircraft only, the Airframe Price Revision Formula contained in Part 1 of Exhibit C of the Agreement is hereby cancelled and
replaced by the following Airframe Price Revision Formula: 
  

	PART 1	AIRFRAME PRICE REVISION FORMULA 

  

	1	BASE PRICE 

 The Airframe
Base Price quoted in Clause 3.1 of the Agreement is subject to adjustment for changes in economic conditions as measured by data obtained from the US Department of Labor, Bureau of Labor Statistics, and in accordance with the provisions hereof.

  

	2	BASE PERIOD 

 The
Airframe Base Price has been established in accordance with the average economic conditions prevailing in ***** as defined by “ECIb” and “ICb” index values indicated hereafter. 

 

	3	INDEXES 

 Labor
Index: “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI336411W”, quarterly published by the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and found in
Table 9, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and occupational group”, or such other name that may be from time to time used for the
publication title and/or table, (Aircraft manufacturing, NAICS Code 336411, base month and year December 2005 = 100). 
 The
quarterly value released for a certain month (March, June, September and December) shall be the one deemed to apply for the two preceding months. 
 Index code for access on the Web site of the US Bureau of Labor Statistics: CIU2023211000000I. 
 Material Index: “Industrial Commodities” (hereinafter referred to as “IC”) as published in “PPI Detailed Report” (found in Table 6. “Producer price indexes and
percent changes for commodity and service groupings and individual items not seasonally adjusted” or such other names that may be from time to time used for the publication title and/or table). (Base Year 1982 = 100). 

Index code for access on the Web site of the US Bureau of Labor Statistics: WPU03THRU15. 

  

			
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 EXHIBIT A – PART 1 – AIRFRAME PRICE REVISION FORMULA 

 

	4	REVISION FORMULA 

  

									
	*****	 		 		  		  	
	*****	 		 		  		  	
	*****:	 	*****	 		  		  	
	*****	 	:	 	*****	  		  	
	*****	 	:	 	*****	  		  	
	*****	 	:	 	*****	  		  	
	*****	 	:	 	*****	  		  	
	*****	 	:	 	*****	  		  	
	*****	 	:	 	*****	  		  	

  

	5	GENERAL PROVISIONS 

  

	5.1	Roundings 

 The Labor
Index average and the Material Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. 

Each quotient ***** and ***** shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five
(5) or more, the preceding decimal place shall be raised to the next higher figure. 
 The final factor shall be rounded to
the nearest ten-thousandth (4 decimals). 
 The final price shall be rounded to the nearest whole number (0.5 or more rounded to
1). 

  

			
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 EXHIBIT A – PART 1 – AIRFRAME PRICE REVISION FORMULA 

 

	5.2	Substitution of Indexes for Airframe Price Revision Formula 

 If: 
  

	 	(i)	the United States Department of Labor substantially revises the methodology of calculation of the Labor Index or the Material Index as used in the Airframe Price
Revision Formula, or 

  

	 	(ii)	the United States Department of Labor discontinues, either temporarily or permanently, such Labor Index or such Material Index, or 

 

	 	(iii)	the data samples used to calculate such Labor Index or such Material Index are substantially changed; 

the Seller shall select a substitute index for inclusion in the Airframe Price Revision Formula (the “Substitute Index”).

 The Substitute Index shall reflect as closely as possible the actual variance of the Labor Costs or of the material costs
used in the calculation of the original Labor Index or Material Index as the case may be. 
 As a result of the selection of the
Substitute Index, the Seller shall make an appropriate adjustment to the Airframe Price Revision Formula to combine the successive utilization of the original Labor Index or Material Index (as the case may be) and of the Substitute Index.

  

	5.3	Final Index Values 

 The
Index values as defined in Clause 4 above shall be considered final and no further adjustment to the base prices as revised at Delivery of the Aircraft shall be made after Aircraft Delivery for any subsequent changes in the published Index values.

  

	5.4	Limitation 

 *****

  

			
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 EXHIBIT A – PART 2 AND PART 3 – NEO Propulsion Systems Price Revision Formula 

With respect to the NEO Aircraft only, the Propulsion Systems Price Revision Formula contained in Part 2 and Part 3 of Exhibit C of the Agreement are
hereby cancelled and replaced by the following Propulsion Systems Price Revision Formula: 
  

	PART 2	PROPULSION SYSTEMS PRICE REVISION FORMULA 

 CFM INTERNATIONAL 
  

	1	REFERENCE PRICE OF THE PROPULSION SYSTEMS 

  

	1.1	The Reference Price of a set of two (2) CFM INTERNATIONAL CFM LEAP-X1A24 Engines is: 

***** 
 (US
Dollars *****) 
  

	1.2	The Reference Price of a set of two (2) CFM INTERNATIONAL CFM LEAP-X1A26 Engines is: 

***** 
 (US
Dollars *****) 
  

	1.3	The Reference Price of a set of two (2) CFM INTERNATIONAL CFM LEAP-X1A32 Engines is: 

USD ***** 
 (US
Dollars *****) 
  

	1.4	This above Reference Prices are subject to adjustment for changes in economic conditions as measured by data obtained from the US Department of Labor, Bureau of Labor
Statistics and in accordance with the provisions of Clauses 4 and 5 of this Exhibit C. 

  

	2.	REFERENCE PERIOD 

 The
Reference Price has been established in accordance with the ***** as defined by CFM INTERNATIONAL by the Reference Composite Price Index *****. 
  

	3.	INDEXES 

 Labor
Index: “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI336411W”, quarterly published by the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and
found in: Table 9, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and occupational group”, or such other name that may be from time to time used for
the publication title and/or table, (Aircraft manufacturing, NAICS Code 336411, base month and year December 2005 = 100, *****). 
 The quarterly value released for a certain month ***** shall be the one deemed to apply for the two preceding months. 

  

			
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 EXHIBIT A – PART 2 AND PART 3 – NEO Propulsion Systems Price Revision Formula 

 

 Index code for access on the Web site of the US Bureau of Labor Statistics:
CIU2023211000000I 
 Material Index: “Industrial Commodities” (hereinafter referred to as
“IC”) as published in “PPI detailed report” (found in Table 6. “Producer price indexes and percent changes for commodity groupings and individual items not seasonally adjusted” or such other names that may be
from time to time used for the publication title and/or table). (Base Year 1982 = 100). 
 Index code for access on the Web site
of the US Bureau of Labor Statistics: WPU03THRU15. 
  

	4.	REVISION FORMULA 

 *****

 ***** 
 ***** 
 ***** 

***** 
 *****

 ***** 
 ***** 
 ***** 

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	24/53

 EXHIBIT A – PART 2 AND PART 3 – NEO Propulsion Systems Price Revision Formula 

 

	5.	GENERAL PROVISIONS 

  

	5.1	Roundings 

  

	 	(i)	The Material index average (ICn) shall be rounded to the nearest second decimal place and the labor index average (ECIn) shall be rounded to the nearest first decimal
place. 

  

	 	(ii)	CPIn shall be rounded to the nearest second decimal place. 

  

	 	(iii)	The final factor ***** shall be rounded to the nearest third decimal place. 

 If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure. After final computation Pn shall be rounded to the nearest whole number (0.5
rounds to 1). 
  

	5.2	Final Index Values 

 The
revised Reference Price at the date of Aircraft Delivery shall not be subject to any further adjustments in the indexes. 
  

	5.3	Interruption of Index Publication 

 If the US Department of Labor substantially revises the methodology of calculation or discontinues any of these indexes referred to hereabove, the Seller shall reflect the substitute for the revised or
discontinued index selected by CFM INTERNATIONAL, such substitute index to lead in application to the same adjustment result, insofar as possible, as would have been achieved by continuing the use of the original index as it may have fluctuated had
it not been revised or discontinued. 
 Appropriate revision of the formula shall be made to accomplish this result. 

 

	5.4	Annulment of the Formula 

Should the above escalation provisions become null and void by action of the US Government, the Reference Price shall be adjusted due to
increases in the costs of labor and materiel which have occurred from the period represented by the applicable Reference Composite Price Index to the twelfth (12th) month prior to the month of Aircraft Delivery. 

 

	5.5	Limitation 

 Should the
***** 

  

			
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 EXHIBIT A – PART 2 AND PART 3 – NEO Propulsion Systems Price Revision Formula 

 

	PART 3	PROPULSION SYSTEMS PRICE REVISION FORMULA 

 PRATT AND WHITNEY 
  

	1.	REFERENCE PRICE OF THE PROPULSION SYSTEMS 

  

	1.1	The Reference Price of a set of two (2) PRATT AND WHITNEY PW1124G Engines is: 

USD ***** 
 (US
Dollars *****) 
 The Reference Price is subject to adjustment for changes in economic conditions as measured by data obtained
from the US Department of Labor, Bureau of Labor Statistics, and in accordance with the provisions hereof. 
  

	1.2	The Reference Price of a set of two (2) PRATT AND WHITNEY PW1127G Engines is: 

USD ***** 
 (US
Dollars *****) 
 The Reference Price is subject to adjustment for changes in economic conditions as measured by data obtained
from the US Department of Labor, Bureau of Labor Statistics, and in accordance with the provisions hereof. 
  

	1.3	The Reference Price of a set of two (2) PRATT AND WHITNEY PW1133G Engines is: 

USD ***** 
 (US
Dollars *****) 
 The Reference Price is subject to adjustment for changes in economic conditions as measured by data obtained
from the US Department of Labor, Bureau of Labor Statistics, and in accordance with the provisions hereof. 
  

	2.	BASE PERIOD 

 The
Reference Price has been established in accordance with the ***** and corresponding to a theoretical delivery in January 2010 as defined by “ECIb”, “ICb” and “C10b” index values indicated hereafter.

  

			
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 EXHIBIT A – PART 2 AND PART 3 – NEO Propulsion Systems Price Revision Formula 

 

	3.	INDEXES 

 Labor
Index: “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI336411W”, quarterly published by the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and found in
Table 9, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and occupational group”, or such other name that may be from time to time used for the
publication title and/or table, (Aircraft manufacturing, NAICS Code 336411, base month and year December 2005 = 100). 
 The
quarterly value released for a certain month (March, June, September and December) shall be the one deemed to apply for the two preceding months. 
 Index code for access on the Web site of the US Bureau of Labor Statistics: CIU2023211000000I. 
 Material Index: “Industrial Commodities” (hereinafter referred to as “IC”) as published in “PPI Detailed Report” (found in Table 6. “Producer Price indexes and
percent changes for commodity and service groupings and individual items not seasonally adjusted” or such other names that may be from time to time used for the publication title and/or table). (Base Year 1982 = 100) 

Index code for access on the Web site of the US Bureau of Labor Statistics: WPU03THRU15 

Metal Index: “Metals and metal products” Code 10” (hereafter referred to as “C10”) as published in
“PPI Detailed Report” (found in Table 6. “Producer Price indexes and percent changes for commodity and service groupings and individual items not seasonally adjusted” or such other names that may be from time to time used for the
publications title and/or table). (Base 1982 = 100). 
 Index code for access on the Web site of the US Bureau of Labor
Statistics: WPU10 

  

			
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 EXHIBIT A – PART 2 AND PART 3 – NEO Propulsion Systems Price Revision Formula 

 

	4.	REVISION FORMULA 

 *****

 ***** 
 ***** 
 ***** 

***** 
 *****

 ***** 
 ***** 
 ***** 

***** 
 *****

  

			
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 EXHIBIT A – PART 2 AND PART 3 – NEO Propulsion Systems Price Revision Formula 

 

	5.	GENERAL PROVISIONS 

  

	5.1	Roundings 

 The Labor
Index average, the Material Index average and the Metal Index average shall be computed to the first decimal. If the next succeeding place is five (5) or more, the preceding decimal place shall be raised to the next higher figure.

 Each quotient ***** shall be rounded to the nearest ten-thousandth (4 decimals). If the next succeeding place is five
(5) or more, the preceding decimal place shall be raised to the next higher figure. 
 The final factor shall be rounded to
the nearest ten-thousandth (4 decimals). The final price shall be rounded to the nearest whole number (0.5 or more rounded to 1). 
  

	5.2	Substitution of Indexes for Price Revision Formula 

 If: 
  

	 	(i)	the United States Department of Labor substantially revises the methodology of calculation of the Labor Index , the Material Index or the Metal Index, as used
in the Price Revision Formula, or 

  

	 	(ii)	the United States Department of Labor discontinues, either temporarily or permanently, such Labor Index, such Material Index or such Metal Index, or

  

	 	(iii)	the data samples used to calculate such Labor Index, such Material Index, or such Metal Index are substantially changed; 

Pratt and Whitney shall select a substitute index for inclusion in the Price Revision Formula (the “Substitute Index”) and the
Seller shall reflect such Substitute Index. 
 The Substitute Index shall reflect as closely as possible the actual variance of
the labor costs, of the material costs or of the metal costs used in the calculation of the original Labor Index, Material Index or Metal Index, as the case may be. 
 As a result of the selection of the Substitute Index, an appropriate adjustment to the Price Revision Formula shall be performed, to combine the successive utilization of the original Labor Index,
Material Index or Metal Index (as the case may be) and of the Substitute Index. 
  

	5.3	Final Index Values 

 The
Index values as defined in Clause 4 above shall be considered final and no further adjustment to the adjusted Reference Price as revised at Aircraft Delivery (or payment of such revised amounts, as the case may be) shall be respectively made after
Delivery (or payment of such adjusted amounts, as the case may be) for any subsequent changes in the published Index values. 
  

	5.4	Limitation 

 Should the
sum of *****. 

  

			
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 EXHIBIT B1 – STANDARD SPECIFICATION 
 With respect to the NEO Aircraft only, the Standard Specifications contained in Exhibit A of the Agreement as amended are hereby cancelled and replaced by the following Standard Specifications:

 A319-100 standard specification document number ***** contained in a separate folder. 

A320-200 standard specification document number ***** contained in a separate folder. 

A321-200 standard specification document number ***** contained in a separate folder. 

  

			
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 EXHIBIT B2 – SCN LISTS 
 With respect to the NEO Aircraft only, the SCN lists contained in Appendix 1.1 through 1.3 to Exhibit A of the Agreement as amended are hereby cancelled and replaced by the following SCN lists:

 Appendix 1: A319 NEO SCN List 
 A319-100 STANDARD SPECIFICATION Ref. ***** 
 All prices are in USD at Delivery Conditions
specified on each column 
 NB: Certain options from the currently available catalogues and contained below may not be applicable and/or
certified for NEO Aircraft 
  

							
	 EPAC TDU
	  	 Title
	  	 A319 Price per a/c
USD D.C 01/2011
	  	 Comments

	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.12. *****
	  	*****	  	*****	  	*****
	 CN02.40. *****
	  	*****	  	*****	  	*****
	 CN02.40. *****
	  	*****	  	*****	  	*****
	 CN11.00. *****
	  	*****	  	*****	  	*****
	 CN11.00. *****
	  	*****	  	*****	  	*****
	 CN11.00. *****
	  	*****	  	*****	  	*****
	 CN11.00. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.21. *****
	  	*****	  	*****	  	*****
	 CN11.22. *****
	  	*****	  	*****	  	*****
	 CN11.22. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN21.27. *****
	  	*****	  	*****	  	*****
	 CN21.70. *****
	  	*****	  	*****	  	*****
	 CN22.00. *****
	  	*****	  	*****	  	*****

  

			
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 EXHIBIT B2 – SCN LISTS 

 

							
	 CN22.70. *****
	  	*****	  	*****	  	*****
	 CN23.00. *****
	  	*****	  	*****	  	*****
	 CN23.11. *****
	  	*****	  	*****	  	*****
	 CN23.13. *****
	  	*****	  	*****	  	*****
	 CN23.50. *****
	  	*****	  	*****	  	*****
	 CN23.51. *****
	  	*****	  	*****	  	*****
	 CN23.71. *****
	  	*****	  	*****	  	*****
	 CN23.71. *****
	  	*****	  	*****	  	*****
	 CN23.71. *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 CN25.20. *****
	  	*****	  	*****	  	*****
	 CN25.23. *****
	  	*****	  	*****	  	*****
	 CN25.23. *****
	  	*****	  	*****	  	*****
	 CN25.23. *****
	  	*****	  	*****	  	*****
	 CN25.23. *****
	  	*****	  	*****	  	*****
	 CN25.26. *****
	  	*****	  	*****	  	*****
	 CN25.27. *****
	  	*****	  	*****	  	*****
	 CN25.28. *****
	  	*****	  	*****	  	*****
	 CN25.28. *****
	  	*****	  	*****	  	*****
	 CN25.35. *****
	  	*****	  	*****	  	*****
	 CN25.35. *****
	  	*****	  	*****	  	*****
	 CN25.35. *****
	  	*****	  	*****	  	*****
	 CN25.45. *****
	  	*****	  	*****	  	*****
	 CN25.62. *****
	  	*****	  	*****	  	*****
	 CN25.65. *****
	  	*****	  	*****	  	*****
	 CN25.65. *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
		  	*****	  	*****	  	*****
	 CN29.10. *****
	  	*****	  	*****	  	*****
	 CN29.21. *****
	  	*****	  	*****	  	*****
	 CN31.33. *****
	  	*****	  	*****	  	*****
	 CN31.33. *****
	  	*****	  	*****	  	*****
	 CN31.33. *****
	  	*****	  	*****	  	*****
	 CN32.40. *****
	  	*****	  	*****	  	*****
	 CN32.41. *****
	  	*****	  	*****	  	*****
	 CN32.41. *****
	  	*****	  	*****	  	*****
	 CN32.48. *****
	  	*****	  	*****	  	*****
	 CN33.12. *****
	  	*****	  	*****	  	*****
	 CN33.20. *****
	  	*****	  	*****	  	*****
	 CN33.50. *****
	  	*****	  	*****	  	*****
	 CN34.10. *****
	  	*****	  	*****	  	*****
	 CN34.13. *****
	  	*****	  	*****	  	*****
	 CN34.41. *****
	  	*****	  	*****	  	*****
	 CN34.42. *****
	  	*****	  	*****	  	*****
	 CN34.42. *****
	  	*****	  	*****	  	*****
	 CN34.43*****
	  	*****	  	*****	  	*****
	 CN34.48. *****
	  	*****	  	*****	  	*****
	 CN35.20. *****
	  	*****	  	*****	  	*****
	 CN35.31. *****
	  	*****	  	*****	  	*****
	 CN38.41. *****
	  	*****	  	*****	  	*****
	 CN46.21. *****
	  	*****	  	*****	  	*****
	 CN49.00. *****
	  	*****	  	*****	  	*****

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	32/53

 EXHIBIT B2 – SCN LISTS 

 

							
	 CN51.22. *****
	  	*****	  	*****	  	*****
	 CN51.22. *****
	  	*****	  	*****	  	*****
	 CN51.22. *****
	  	*****	  	*****	  	*****
	 CN52.51. *****
	  	*****	  	*****	  	*****
	 CN55.30. *****
	  	*****	  	*****	  	*****
	 CN56.10. *****
	  	*****	  	*****	  	*****
	 CN56.10. *****
	  	*****	  	*****	  	*****
	 CN56.21. *****
	  	*****	  	*****	  	*****
	 CN57.40. *****
	  	*****	  	*****	  	*****
	 CN72.00. *****
	  	*****	  	*****	  	*****
		  	*****	  	*****	  	*****

 Subject to certification, ***** shall be selectable by the Buyer for the optional incorporation into the Specification by
means of chargeable SCN. The applicable price of such SCN shall be *****USD *****. 
 In addition, the Seller has presented to the Buyer the
***** which mainly consists of an *****. The Buyer has shown interest for this option but acknowledges that it is not yet available by the Seller as of the effective date. However, if the ***** becomes available on any of the Aircraft, the Seller
undertakes to promptly notify the Buyer, and within a reasonable timeframe submit a commercial proposal to the Buyer. In consideration for the execution of this Amendment, the Seller shall *****. It is understood that the Buyer shall reserve the
right to accept or reject the offer made by the Seller by means of the formal acceptance of the then presented SCN. 

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	33/53

 EXHIBIT B2 – SCN LISTS 

 

 Appendix 2: A320 NEO SCN List 

A320-200 STANDARD SPECIFICATION Ref. Issue 8.0 

All prices are in USD at Delivery Conditions specified on each column 
 NB: Certain options from the currently available catalogues and contained below may not be applicable and/or certified for NEO Aircraft 

 

							
	 EPAC TDU
	  	 Title
	  	 A320 Price per

a/c ***** *****
	  	 Comments

	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.12. *****
	  	*****	  	*****	  	*****
	 CN02.40. *****
	  	*****	  	*****	  	*****
	 CN02.40. *****
	  	*****	  	*****	  	*****
	 CN11.00. *****
	  	*****	  	*****	  	*****
	 CN11.00. *****
	  	*****	  	*****	  	*****
	 CN11.00. *****
	  	*****	  	*****	  	*****
	 CN11.00. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.20. *****
	  	*****	  	*****	  	*****
	 CN11.21. *****
	  	*****	  	*****	  	*****
	 CN11.22. *****
	  	*****	  	*****	  	*****
	 CN11.22. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN21.27. *****
	  	*****	  	*****	  	*****
	 CN21.70. *****
	  	*****	  	*****	  	*****
	 CN22.00. *****
	  	*****	  	*****	  	*****
	 CN22.70. *****
	  	*****	  	*****	  	*****
	 CN23.00. *****
	  	*****	  	*****	  	*****
	 CN23.11. *****
	  	*****	  	*****	  	*****

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	34/53

 EXHIBIT B2 – SCN LISTS 

 

							
	 CN23.13. *****
	  	*****	  	*****	  	*****
	 CN23.50. *****
	  	*****	  	*****	  	*****
	 CN23.51. *****
	  	*****	  	*****	  	*****
	 CN23.71. *****
	  	*****	  	*****	  	*****
	 CN23.71. *****
	  	*****	  	*****	  	*****
	 CN23.71. *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 CN25.20. *****
	  	*****	  	*****	  	*****
	 CN25.23. *****
	  	*****	  	*****	  	*****
	 CN25.23. *****
	  	*****	  	*****	  	*****
	 CN25.23. *****
	  	*****	  	*****	  	*****
	 CN25.23. *****
	  	*****	  	*****	  	*****
	 CN25.26. *****
	  	*****	  	*****	  	*****
	 CN25.28. *****
	  	*****	  	*****	  	*****
	 CN25.28. *****
	  	*****	  	*****	  	*****
	 CN25.35. *****
	  	*****	  	*****	  	*****
	 CN25.35. *****
	  	*****	  	*****	  	*****
	 CN25.35. *****
	  	*****	  	*****	  	*****
	 CN25.45. *****
	  	*****	  	*****	  	*****
	 CN25.62. *****
	  	*****	  	*****	  	*****
	 CN25.65. *****
	  	*****	  	*****	  	*****
	 CN25.65. *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
		  	*****	  	*****	  	*****
	 CN29.10. *****
	  	*****	  	*****	  	*****
	 CN29.21. *****
	  	*****	  	*****	  	*****
	 CN31.33. *****
	  	*****	  	*****	  	*****
	 CN31.33. *****
	  	*****	  	*****	  	*****
	 CN31.33. *****
	  	*****	  	*****	  	*****
	 CN32.40. *****
	  	*****	  	*****	  	*****
	 CN32.41. *****
	  	*****	  	*****	  	*****
	 CN32.41. *****
	  	*****	  	*****	  	*****
	 CN32.48. *****
	  	*****	  	*****	  	*****
	 CN33.12. *****
	  	*****	  	*****	  	*****
	 CN33.20. *****
	  	*****	  	*****	  	*****
	 CN33.50. *****
	  	*****	  	*****	  	*****
	 CN34.10. *****
	  	*****	  	*****	  	*****
	 CN34.13. *****
	  	*****	  	*****	  	*****
	 CN34.41. *****
	  	*****	  	*****	  	*****
	 CN34.42. *****
	  	*****	  	*****	  	*****
	 CN34.42. *****
	  	*****	  	*****	  	*****
	 CN34.43. *****
	  	*****	  	*****	  	*****
	 CN34.48. *****
	  	*****	  	*****	  	*****
	 CN35.20. *****
	  	*****	  	*****	  	*****
	 CN35.31. *****
	  	*****	  	*****	  	*****
	 CN38.41. *****
	  	*****	  	*****	  	*****
	 CN46.21. *****
	  	*****	  	*****	  	*****
	 CN49.00. *****
	  	*****	  	*****	  	*****
	 CN51.22. *****
	  	*****	  	*****	  	*****
	 CN51.22. *****
	  	*****	  	*****	  	*****
	 CN51.22. *****
	  	*****	  	*****	  	*****
	 CN52.51. *****
	  	*****	  	*****	  	*****

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	35/53

 EXHIBIT B2 – SCN LISTS 

 

							
	 CN55.30. *****
	  	*****	  	*****	  	*****
	 CN56.10. *****
	  	*****	  	*****	  	*****
	 CN56.10. *****
	  	*****	  	*****	  	*****
	 CN56.21. *****
	  	*****	  	*****	  	*****
	 CN57.40. *****
	  	*****	  	*****	  	*****
	 CN72.00. *****
	  	*****	  	*****	  	*****
		  	*****	  	*****	  	*****

 Subject to certification, the ***** shall be selectable by the Buyer for the optional incorporation into the
Specification by means of chargeable SCN. The applicable price of such SCN shall be ***** USD *****. 
 In addition, the Seller has presented to
the Buyer the ***** which mainly consists of *****. The Buyer has shown interest for this option but acknowledges that it is not yet available by the Seller as of the effective date. However, if the ***** becomes available on any of the Aircraft,
the Seller undertakes to promptly notify the Buyer, and within a reasonable timeframe submit a commercial proposal to the Buyer. In consideration for the execution of this Amendment, the Seller shall *****. It is understood that the Buyer shall
reserve the right to accept or reject the offer made by the Seller by means of the formal acceptance of the then presented SCN. 

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	36/53

 EXHIBIT B2 – SCN LISTS 

 

 Appendix 3: A321 NEO SCN List 

A321-200 STANDARD SPECIFICATION Ref. Issue 5.0 

All prices are in USD at Delivery Conditions specified on each column 
 NB: Certain options from the currently available catalogues and contained below may not be applicable and/or certified for NEO Aircraft 

 

							
	 EPAC TDU
	  	 Title
	  	 A321 Price per
 a/c USD D.C

01/2011
	  	 Comments

	 57-00
	  	*****	  	*****	  	*****
	 57-00
	  	*****	  	*****	  	*****
	 72-00
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.10. *****
	  	*****	  	*****	  	*****
	 CN02.12. *****
	  	*****	  	*****	  	
	 CN02.40. *****
	  	*****	  	*****	  	
	 CN02.40. *****
	  	*****	  	*****	  	
	 CN11.00. *****
	  	*****	  	*****	  	
	 CN11.00. *****
	  	*****	  	*****	  	
	 CN11.00. *****
	  	*****	  	*****	  	
	 CN11.00. *****
	  	*****	  	*****	  	
	 CN11.20. *****
	  	*****	  	*****	  	
	 CN11.20. *****
	  	*****	  	*****	  	
	 CN11.20. *****
	  	*****	  	*****	  	
	 CN11.20. *****
	  	*****	  	*****	  	
	 CN11.20. *****
	  	*****	  	*****	  	
	 CN11.20. *****
	  	*****	  	*****	  	
	 CN11.21. *****
	  	*****	  	*****	  	
	 CN11.22. *****
	  	*****	  	*****	  	
	 CN11.22. *****
	  	*****	  	*****	  	
	 CN11.30. *****
	  	*****	  	*****	  	
	 CN11.30. *****
	  	*****	  	*****	  	*****
	 CN11.30. *****
	  	*****	  	*****	  	
	 CN11.30. *****
	  	*****	  	*****	  	
	 CN11.30. *****
	  	*****	  	*****	  	
	 CN11.30. *****
	  	*****	  	*****	  	
	 CN21.27. *****
	  	*****	  	*****	  	*****
	 CN21.70. *****
	  	*****	  	*****	  	*****
	 CN22.00. *****
	  	*****	  	*****	  	*****
	 CN22.70. *****
	  	*****	  	*****	  	*****
	 CN23.00. *****
	  	*****	  	*****	  	*****
	 CN23.11. *****
	  	*****	  	*****	  	*****

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	37/53

 EXHIBIT B2 – SCN LISTS 

 

							
	 CN23.13. *****
	  	*****	  	*****	  	*****
	 CN23.50. *****
	  	*****	  	*****	  	*****
	 CN23.51. *****
	  	*****	  	*****	  	*****
	 CN23.71. *****
	  	*****	  	*****	  	*****
	 CN23.71. *****
	  	*****	  	*****	  	
	 CN23.71. *****
	  	*****	  	*****	  	
	 *****
	  	*****	  	*****	  	*****
	 CN25.20. *****
	  	*****	  	*****	  	
	 CN25.23. *****
	  	*****	  	*****	  	*****
	 CN25.23. *****
	  	*****	  	*****	  	
	 CN25.23. *****
	  	*****	  	*****	  	
	 CN25.23. *****
	  	*****	  	*****	  	
	 CN25.26. *****
	  	*****	  	*****	  	
	 CN25.28. *****
	  	*****	  	*****	  	
	 CN25.28. *****
	  	*****	  	*****	  	
	 CN25.35. *****
	  	*****	  	*****	  	*****
	 CN25.35. *****
	  	*****	  	*****	  	
	 CN25.35. *****
	  	*****	  	*****	  	
	 CN25.45. *****
	  	*****	  	*****	  	
	 CN25.62. *****
	  	*****	  	*****	  	
	 CN25.65. *****
	  	*****	  	*****	  	*****
	 CN25.65. *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
	 *****
	  	*****	  	*****	  	*****
		  	*****	  	*****	  	*****
	 CN29.10. *****
	  	*****	  	*****	  	*****
	 CN29.21. *****
	  	*****	  	*****	  	*****
	 CN31.33. *****
	  	*****	  	*****	  	*****
	 CN31.33. *****
	  	*****	  	*****	  	*****
	 CN31.33. *****
	  	*****	  	*****	  	
	 CN32.40. *****
	  	*****	  	*****	  	*****
	 CN32.41. *****
	  	*****	  	*****	  	*****
	 CN32.41. *****
	  	*****	  	*****	  	*****
	 CN32.48. *****
	  	*****	  	*****	  	
	 CN33.12. *****
	  	*****	  	*****	  	
	 CN33.20. *****
	  	*****	  	*****	  	
	 CN33.50. *****
	  	*****	  	*****	  	
	 CN34.10. *****
	  	*****	  	*****	  	
	 CN34.13. *****
	  	*****	  	*****	  	*****
	 CN34.41. *****
	  	*****	  	*****	  	
	 CN34.42. *****
	  	*****	  	*****	  	
	 CN34.42. *****
	  	*****	  	*****	  	
	 CN34.43. *****
	  	*****	  	*****	  	*****
	 CN34.48. *****
	  	*****	  	*****	  	*****
	 CN35.20. *****
	  	*****	  	*****	  	*****
	 CN35.31. *****
	  	*****	  	*****	  	*****
	 CN38.41. *****
	  	*****	  	*****	  	
	 CN46.21. *****
	  	*****	  	*****	  	
	 CN49.00.105/06
	  	*****	  	*****	  	*****
	 CN51.22. *****
	  	*****	  	*****	  	
	 CN51.22. *****
	  	*****	  	*****	  	
	 CN51.22. *****
	  	*****	  	*****	  	
	 CN52.51. *****
	  	*****	  	*****	  	

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	38/53

 EXHIBIT B2 – SCN LISTS 

 

							
	 CN55.30. *****
	  	*****	  	*****	  	
	 CN56.10. *****
	  	*****	  	*****	  	*****
	 CN56.10. *****
	  	*****	  	*****	  	*****
	 CN56.21. *****
	  	*****	  	*****	  	
	 CN57.40. *****
	  	*****	  	*****	  	*****
	 CN72.00. *****
	  	*****	  	*****	  	*****
		  	 *****
 *****
	  	 *****
	  	 *****
 *****

 Subject to certification, the ***** shall be selectable by the Buyer for the optional incorporation into the
Specification by means of chargeable SCN. The applicable price of such SCN shall be ***** USD *****. 
 In addition, the Seller has presented to
the Buyer the ***** which mainly consists of *****. The Buyer has shown interest for this option but acknowledges that it is not yet available by the Seller as of the effective date. However, if the ‘space flex’ option becomes available on
any of the Aircraft, the Seller undertakes to promptly notify the Buyer, and within a reasonable timeframe submit a commercial proposal to the Buyer. In consideration for the execution of this Amendment, *****. It is understood that the Buyer shall
reserve the right to accept or reject the offer made by the Seller by means of the formal acceptance of the then presented SCN. 

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	39/53

 EXHIBIT B3 – CABIN LAYOUTS 

 

 Appendix 1: A319 NEO Cabin layout 

***** 

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	40/53

 EXHIBIT B3 – CABIN LAYOUTS 

 

 Appendix 2: A320 NEO Cabin layout 

***** 

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	41/53

 EXHIBIT B3 – CABIN LAYOUTS 

 

 Appendix 3: A321 NEO Cabin layout 

***** 

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	42/53

 EXHIBIT B4 – FORM OF MSCN 

 

 FORM OF MSCN 

  

			
	VOI A320 Family PA - AMDT 9 – Ref. D11032737 - December 2011	  	43/53

			
	 	 
	

	  	For
	  
 MANUFACTURER’S SPECIFICATION
 CHANGE NOTICE

 
 (MSCN)
	  	  
 MSCN
Number
 Issue
 Dated

Page
  

	 	 
	 Title:
	  	 
	 	 
	 Description:
	  	 
	 	  	 
	 	  	 
	 	  	 
	 Effect on weight
	  	 
	  
 Manufacturer’s Weight Empty Change:
	  	 
	 Operational Weight Empty Change:
	  	 
	 Allowable Payload Change
	  	 
	 	 
	 Remarks / References
	  	 
	 	 
	 Remarks / References
	  	 
	 
	 Specification changed by
this MSCN

	  

 

	
 

	Price per aircraft	  	 
	  
 US DOLLARS:
	  	 
	  
 AT DELIVERY CONDITIONS:
	  	 
	 
	 This change will be effective
on AIRCRAFT N° and subsequent.

	  
 Provided MSCN is not rejected by
	  	 
	 	 
	 Buyer Approval
	  	Seller Approval
	 	 
	 By:
	  	By:
	 	 
	 Date:

 
	  	Date:

			
	 	 
	

	  	For
	  
 MANUFACTURER’S SPECIFICATION
 CHANGE NOTICE

 
 (MSCN)
	  	  
 MSCN
Number
 Issue
 Dated

Page
  

	 	 
	 Specification repercussion:
	  	 
	 	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 
	 
	 
	 	  	 
	 	  	 
	 	  	 
	 
	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 
	 	  	 

			
	 	 
	

	  	For
	  
 MANUFACTURER’S SPECIFICATION
 CHANGE NOTICE

 
 (MSCN)
	  	  
 MSCN
Number
 Issue
 Dated

Page
  

	 	 
	Scope of change (FOR INFORMATION ONLY)	  	 
	 	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 
	 
	 
	 	  	 
	 	  	 
	 	  	 
	 
	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 
	 	  	 

 LETTER AGREEMENT No.1 TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : ***** – NEO AIRCRAFT 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the NEO Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the “Agreement”.

 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement
and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part
of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA
– VOI – AMDT 9 LA01 – Ref. D11032737 - December 2011 
 - Letter Agreement N°1 -Page 1/5 

 LETTER AGREEMENT No.1 TO AMENDMENT No.9 

 

 This Letter Agreement is applicable to the NEO Aircraft only and supersedes and replaces the original
Letter Agreement No.1 to the Agreement to the extent relating to the NEO Aircraft. 
  

	1	Airframe ***** 

 The
Seller shall grant the *****: 
  

					
	USD	  	 *****
	  	 for A319 NEO

	USD	  	 *****
	  	 for A320 NEO

	USD	  	 *****
	  	 for A321 NEO

 The Airframe *****. 
 The Airframe ***** in US Dollars quoted in *****. 
  

	2	***** 

 The Seller shall *****:

 USD        ***** 

The *****. 
 The
***** quoted in January 2011 delivery *****. 
  

	3	Extended ***** 

 The
Seller shall *****: 
  

					
	USD	  	 *****
	  	 for A319 NEO

	USD	  	 *****
	  	 for A320 NEO

	USD	  	 *****
	  	 for A321 NEO

 The Extended *****. 
 The Extended *****. 
  

	4	***** 

 The Seller shall
*****: 
 USD        ***** 

The *****. 
 The
*****. 

  
 A320FAM PA
– VOI – AMDT 9 LA01 – Ref. D11032737 - December 2011 
 - Letter Agreement N°1 -Page 2/5 

 LETTER AGREEMENT No.1 TO AMENDMENT No.9 

 

	5	***** 

 the Seller shall *****:

  

					
	USD	  	 1,138,000
	  	 for A319 NEO delivered with *****

	USD	  	 618,100
	  	 for A320 NEO delivered with *****

	USD	  	 608,500
	  	 for A321 NEO delivered with *****

 The *****. 
 The *****. 
  

	6	***** 

 For any NEO Aircraft,
*****: 
  

					
	USD	  	 *****
	  	 for A319 NEO

	USD	  	 *****
	  	 for A320 NEO

	USD	  	 *****
	  	 for A321 NEO

 The *****. 
 The *****. 
  

	7	***** 

 the Seller shall *****:

  

					
	USD	  	 *****
	  	 for A319 NEO

	USD	  	 *****
	  	 for A320 NEO

	USD	  	 *****
	  	 for A321 NEO

 The *****. 
 The *****. 
  

	8	***** 

 ***** 

USD        ***** 
 The *****. 
  

	9	***** 

 The Seller shall *****:

 USD        ***** 

The *****. 

  
 A320FAM PA
– VOI – AMDT 9 LA01 – Ref. D11032737 - December 2011 
 - Letter Agreement N°1 -Page 3/5 

 LETTER AGREEMENT No.1 TO AMENDMENT No.9 

 

	11	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	12	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	13	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	14	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	15	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA
– VOI – AMDT 9 LA01 – Ref. D11032737 - December 2011 
 - Letter Agreement N°1 -Page 4/5 

 LETTER AGREEMENT No.1 TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	 AIRBUS S.A.S.

			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA
– VOI – AMDT 9 LA01 – Ref. D11032737 - December 2011 
 - Letter Agreement N°1 -Page 5/5 

 LETTER AGREEMENT No.3 TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : ***** – NEO AIRCRAFT 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA
– VOI – AMDT 9 LA03 – Ref. D11032737 - December 2011 
 - Letter Agreement N°3 -Page 1/4 

 LETTER AGREEMENT No.3 TO AMENDMENT No.9 

 

 This Letter Agreement No.3 is applicable to the NEO Aircraft only and supersedes and replaces the
original Letter Agreement No.3 to the Agreement to the extent relating to the NEO Aircraft. 
  

	1	NEO ***** 

 The Buyer
shall have the *****. 
 ***** 
 Following the *****. 
 The *****set forth in Clause 1.2 of Letter Agreement No.7 to
Amendment No.9 shall be amended whereby the *****. 
 The Predelivery Payments *****. 

 

	2	NEO Delivery ***** 

 2.1 Scope 

The NEO Aircraft delivery schedule set forth in Clause 4 of Amendment No.9 is based on the Seller’s current production and
certification projections prevailing at time of execution of Amendment No.9 by both parties for the New Engine Option industrialization and *****: 
 ***** 
  

	2.2	***** 

  

	2.2.1	In accordance with the provisions of clause 2.1 above, the Seller shall be entitled, subject to Clause 2.2.2 below, *****. 

 

	2.2.2	Any exercise by the Seller *****. 

Notwithstanding the foregoing and any other rights of the Seller under the Agreement as amended, *****. 

 

	2.2.3	The Buyer and the Seller shall execute an amendment to the Agreement recording the effect of the *****. 

***** 
  

	3	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 

  
 A320FAM PA
– VOI – AMDT 9 LA03 – Ref. D11032737 - December 2011 
 - Letter Agreement N°3 -Page 2/4 

 LETTER AGREEMENT No.3 TO AMENDMENT No.9 

 

	2	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	3	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	4	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	5	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA
– VOI – AMDT 9 LA03 – Ref. D11032737 - December 2011 
 - Letter Agreement N°3 -Page 3/4 

 LETTER AGREEMENT No.3 TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	 AIRBUS S.A.S.

			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA
– VOI – AMDT 9 LA03 – Ref. D11032737 - December 2011 
 - Letter Agreement N°3 -Page 4/4 

 LETTER AGREEMENT No.4 TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : ***** – NEO AIRCRAFT 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA04 – Ref. D11032737 - December 2011 
 - Letter Agreement N°4 - Page 1/4 

 LETTER AGREEMENT No.4 TO AMENDMENT No.9 

 

 This Letter Agreement No.4 is applicable to the NEO Aircraft only and supersedes and replaces the
original Letter Agreement No.4 to the Agreement to the extent relating to the NEO Aircraft. 
  

	1	NEO ***** 

 The Buyer
shall have the right to *****: 
 (a) ***** of the NEO Aircraft having their ***** 

(b) any of the NEO Aircraft having their ***** 
 (the “NEO *****”). 
 The NEO *****. 

***** 
 *****

 ***** 

***** 

  
 A320FAM PA – VOI –
AMDT 9 LA04 – Ref. D11032737 - December 2011 
 - Letter Agreement N°4 - Page 2/4 

 LETTER AGREEMENT No.4 TO AMENDMENT No.9 

 

	2	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	3	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	4	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	5	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	6	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 9 LA04 – Ref. D11032737 - December 2011 
 - Letter Agreement N°4 - Page 3/4 

 LETTER AGREEMENT No.4 TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	 AIRBUS S.A.S.

			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA – VOI –
AMDT 9 LA04 – Ref. D11032737 - December 2011 
 - Letter Agreement N°4 - Page 4/4 

 LETTER AGREEMENT No.5A TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : A319NEO PERFORMANCES GUARANTEES (CFM engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the NEO Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the “Agreement”.

 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement
and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part
of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement N°5A – A319 NEO CFM -Page 1/4 

 LETTER AGREEMENT No.5A TO AMENDMENT No.9 

 

 This Letter Agreement No. 5A is applicable to the NEO Aircraft only and cancels and replaces the
original Letter Agreement No.5A to the Agreement to the extent relating to the NEO Aircraft. 
  

	1	In consideration of the development status of the NEO Aircraft at time of execution of Amendment No.9, the Seller shall provide the Buyer with performance guarantees
for the A319 NEO until *****. 

  
 A320FAM PA – VOI –
AMDT 9 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement N°5A – A319 NEO CFM -Page 2/4 

 LETTER AGREEMENT No.5A TO AMENDMENT No.9 

 

	2	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	3	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	4	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	5	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	6	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. 

  
 A320FAM PA – VOI –
AMDT 9 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement N°5A – A319 NEO CFM -Page 3/4 

 LETTER AGREEMENT No.5A TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	 AIRBUS S.A.S.

			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA – VOI –
AMDT 9 LA05A – Ref. D11032737 - December 2011 
 - Letter Agreement N°5A – A319 NEO CFM -Page 4/4 

 LETTER AGREEMENT No.5B TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : A319NEO PERFORMANCES GUARANTEES (PW engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the NEO Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the “Agreement”.

 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement
and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part
of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement N°5B – A319 NEO PW -Page 1/7 

 LETTER AGREEMENT No.5B TO AMENDMENT No.9 

 

 This Letter Agreement No. 5B is applicable to the NEO Aircraft only and cancels and replaces the
original Letter Agreement No.5A to the Agreement to the extent relating to the NEO Aircraft. 
  

	1	AIRCRAFT CONFIGURATION 

 The guarantees defined below (“the Guarantees”) are applicable to the A319NEO Aircraft as described in the Standard Specification Ref. ***** and amended by Specification Change Notices (SCN)
for: 
  

	 	i)	New Engine Option (NEO) aircraft configuration including Sharklets 

  

	 	ii)	increase of the design weights as follows: 

 Maximum Take-off Weight to ***** 
 Maximum Landing Weight to ***** 

Maximum Zero Fuel Weight to ***** 
  

	 	iii)	installation of Pratt and Whitney PW 1124G engines 

 hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as provided in the Agreement. 

 

	2	GUARANTEED PERFORMANCE 

  

	2.1	Take-off 

 Under the
following airport conditions (assumed representative of ***** runway *****): 
 ***** 

the FAR certified take-off weight shall be not less than *****. 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing ***** at ***** each) *****. 

  

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is *****. 

  

	2.2.1.3	Allowances of *****. 

  

	2.2.1.4	***** the destination airport are conducted in *****. Climb and descent speeds below *****. 

 

	2.2.1.5	Allowances of ***** of time are included for approach and land at the destination airport. 

 

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

  
 A320FAM PA – VOI –
AMDT 9 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement N°5B – A319 NEO PW -Page 2/7 

 LETTER AGREEMENT No.5B TO AMENDMENT No.9 

 

 Trip fuel and is defined as the fuel used during take-off and initial climb, climb,
cruise, descent and approach and landing as described in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.2	***** 

  

	2.2.2.1	The Aircraft will be capable to carry ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

 

	*****	

 The destination airport
conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at destination airport is *****. 
  

	2.2.2.3	Allowances of *****. 

  

	2.2.2.4	***** the destination airport are conducted in *****. Climb and descent speeds below *****. 

The ***** these climb, cruise and descent phases shall be *****. 

 

	2.2.2.5	Allowances of *****. 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

 

	*****	

  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION 

 The A319NEO powered by PW 1124G engines for ***** shall be certified in accordance with the requirements of ***** of ICAO Annex 16, Volume I, with a ***** EPNdB. 

Noise data shall be obtained and evaluated in accordance with the requirements of Appendix 2 of Third Edition of ICAO Annex 16, Volume I.

  

	4	MANUFACTURER’S ***** 

The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be
***** Section 13-10.00.00 of the Standard Specification and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of *****. 

  
 A320FAM PA – VOI –
AMDT 9 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement N°5B – A319 NEO PW -Page 3/7 

 LETTER AGREEMENT No.5B TO AMENDMENT No.9 

 

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** provide the best results will be assumed. 

  

	5.3	When establishing *****. 

  

	5.4	***** in Section 21-30.31 of the Specification. ***** 

  

	5.5	The engines will be operated using *****. 

  

	5.6	Where applicable, *****. 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A319NEO aircraft of the same ***** purchased by the Buyer and
incorporated in the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	***** 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports *****. 

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  
 A320FAM PA – VOI –
AMDT 9 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement N°5B – A319 NEO PW -Page 4/7 

 LETTER AGREEMENT No.5B TO AMENDMENT No.9 

 

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of : 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING ***** 

Should the Aircraft fail to meet any of the Guarantees the Seller will *****. 

 

	9.1	Should the Seller *****: 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available ***** mentioned above the *****. 

 

	9.3	The Seller’s *****. 

  

	10	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	11	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	12	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 

  
 A320FAM PA – VOI –
AMDT 9 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement N°5B – A319 NEO PW -Page 5/7 

 LETTER AGREEMENT No.5B TO AMENDMENT No.9 

 

	13	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	14	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 9 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement N°5B – A319 NEO PW -Page 6/7 

 LETTER AGREEMENT No.5B TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	 AIRBUS S.A.S.

			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA – VOI –
AMDT 9 LA05B – Ref. D11032737 - December 2011 
 - Letter Agreement N°5B – A319 NEO PW -Page 7/7 

 LETTER AGREEMENT No.5C TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : A320NEO PERFORMANCES GUARANTEES (CFM engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the NEO Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the “Agreement”.

 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement
and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part
of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement N°5C – A320 NEO CFM -Page 1/7 

 LETTER AGREEMENT No.5C TO AMENDMENT No.9 

 

 This Letter Agreement No.5C is applicable to the NEO Aircraft only and cancels and replaces the original
Letter Agreement No.5B to the Agreement to the extent relating to the NEO Aircraft. 
  

	1	AIRCRAFT CONFIGURATION 

The guarantees defined below (“the Guarantees”) are applicable to the A320NEO Aircraft as described in the Standard
Specification Ref. ***** and amended by Specification Change Notices (SCN) for: 
  

	 	i)	New Engine Option (NEO) aircraft configuration including Sharklets 

  

	 	ii)	increase of the design weights as follows: 

 Maximum Take-off Weight to ***** 
 Maximum Landing Weight to ***** 

Maximum Zero Fuel Weight to ***** 
  

	 	iii)	installation of CFM International CFM LEAP-X1A26 engines 

 hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as provided in the Agreement. 

 

	2	GUARANTEED PERFORMANCE 

  

	2.1	Take-off 

 Under the
following airport conditions (assumed representative of ***** runway *****): 
 ***** 

the FAR certified take-off weight shall be not less than *****. 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing ***** at ***** each) ***** the Aircraft shall *****. 

 

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is *****. 

  

	2.2.1.3	Allowances of *****. 

  

	2.2.1.4	*****the destination airport are conducted in *****. Climb and descent speeds below *****. 

 

	2.2.1.5	Allowances of *****. 

  

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

  
 A320FAM PA – VOI –
AMDT 9 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement N°5C – A320 NEO CFM -Page 2/7 

 LETTER AGREEMENT No.5C TO AMENDMENT No.9 

 

 Trip fuel and is defined as the fuel used during take-off and initial climb, climb,
cruise, descent and approach and landing as described in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.2	***** 

  

	2.2.2.1	The Aircraft will be capable to carry a ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

 ***** 
 The destination airport conditions are such as to allow the required
landing weight to be used without restriction. Pressure altitude at destination airport is *****. 
  

	2.2.2.3	Allowances of *****. 

  

	2.2.2.4	***** airport are conducted in *****. Climb and descent speeds below *****. 

 The ***** these climb, cruise and descent phases shall be ***** 
  

	2.2.2.5	Allowances of *****. 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION 

 The A320NEO powered by CFM LEAP-X1A26 engines for ***** shall be certified in accordance with the requirements of ***** of ICAO Annex 16, Volume I, with a *****. 

Noise data shall be obtained and evaluated in accordance with the requirements of Appendix 2 of Third Edition of ICAO Annex 16, Volume I.

  
 A320FAM PA – VOI –
AMDT 9 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement N°5C – A320 NEO CFM -Page 3/7 

 LETTER AGREEMENT No.5C TO AMENDMENT No.9 

 

	4	MANUFACTURER’S ***** 

The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be
***** according to Section 13-10.00.00 of the Standard Specification and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of *****. 

 

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** provide the best results will be assumed. 

  

	5.3	When establishing *****. 

  

	5.4	***** as defined in Section 21-30.31 of the Specification. ***** 

  

	5.5	The engines will be operated using *****. 

  

	5.6	Where applicable, *****. 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A320NEO aircraft of the same aerodynamic configuration as those Aircraft
purchased by the Buyer and incorporated in the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	***** 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports *****. 

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	 In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental
agency made subsequent to 

  
 A320FAM PA – VOI –
AMDT 9 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement N°5C – A320 NEO CFM -Page 4/7 

 LETTER AGREEMENT No.5C TO AMENDMENT No.9 

 

 
the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect
the effect of any such change. 
  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of : 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING ***** 

Should the Aircraft fail to meet any of the Guarantees the Seller will use *****. 

 

	9.1	Should the Seller *****: 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available ***** mentioned above *****. 

 

	9.3	The Seller’s *****. 

  

	10	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	11	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement N°5C – A320 NEO CFM -Page 5/7 

 LETTER AGREEMENT No.5C TO AMENDMENT No.9 

 

	12	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	13	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	14	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. 

  
 A320FAM PA – VOI –
AMDT 9 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement N°5C – A320 NEO CFM -Page 6/7 

 LETTER AGREEMENT No.5C TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	 AIRBUS S.A.S.

			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA – VOI –
AMDT 9 LA05C – Ref. D11032737 - December 2011 
 - Letter Agreement N°5C – A320 NEO CFM -Page 7/7 

 LETTER AGREEMENT No.5D TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : A320NEO PERFORMANCES GUARANTEES (PW engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the NEO Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the “Agreement”.

 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement
and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part
of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement N°5D – A320 NEO PW -Page 1/7 

 LETTER AGREEMENT No.5D TO AMENDMENT No.9 

 

 This Letter Agreement No.5D is applicable to the NEO Aircraft only and cancels and replaces the original
Letter Agreement No.5B to the Agreement to the extent relating to the NEO Aircraft. 
  

	1	AIRCRAFT CONFIGURATION 

 The guarantees defined below (“the Guarantees”) are applicable to the A320NEO Aircraft as described in the Standard Specification Ref. ***** and amended by Specification Change Notices (SCN)
for: 
  

	 	i)	New Engine Option (NEO) aircraft configuration including Sharklets 

  

	 	ii)	increase of the design weights as follows: 

 Maximum Take-off Weight to ***** 
 Maximum Landing Weight to *****

 Maximum Zero Fuel Weight ***** 

 

	 	iii)	installation of Pratt and Whitney PW 1127G engines 

 hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as provided in the Agreement. 

 

	2	GUARANTEED PERFORMANCE 

  

	2.1	Take-off 

 Under the
following airport conditions (assumed representative of ***** runway *****): 
 ***** 

the FAR certified take-off weight shall be not less than *****. 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a fixed payload of ***** (representing ***** at ***** each) ***** when operated under the conditions defined below. 

 

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is *****. 

  

	2.2.1.3	Allowances of *****. 

  

	2.2.1.4	***** the destination airport are conducted in ***** conditions. Climb and descent speeds below *****. 

 

	2.2.1.5	Allowances of *****. 

  

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

  
 A320FAM PA – VOI –
AMDT 9 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement N°5D – A320 NEO PW -Page 2/7 

 LETTER AGREEMENT No.5D TO AMENDMENT No.9 

 

 Trip fuel and is defined as the fuel used during take-off and initial climb, climb,
cruise, descent and approach and landing as described in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.2	Mission Payload ***** 

  

	2.2.2.1	The Aircraft will be capable to carry a ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

***** 
 The
destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at destination airport is *****. 
  

	2.2.2.3	Allowances of *****. 

  

	2.2.2.4	***** the destination airport are conducted in *****. Climb and descent speeds below *****. 

The ***** these climb, cruise and descent phases shall be *****. 

 

	2.2.2.5	Allowances of *****. 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION 

 The A320NEO powered by PW 1127G engines for ***** kg shall be certified in accordance with the requirements of ***** of ICAO Annex 16, Volume I, with a ***** EPNdB. 

  
 A320FAM PA – VOI –
AMDT 9 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement N°5D – A320 NEO PW -Page 3/7 

 LETTER AGREEMENT No.5D TO AMENDMENT No.9 

 

 Noise data shall be obtained and evaluated in accordance with the requirements of
Appendix 2 of Third Edition of ICAO Annex 16, Volume I. 
  

	4	MANUFACTURER’S ***** 

The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be
***** according to Section 13-10.00.00 of the Standard Specification and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of *****. 

 

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** in the conditions liable to provide the best results will be assumed. 

 

	5.3	When establishing *****. 

  

	5.4	***** 21-30.31 of the Specification. ***** 

  

	5.5	The engines will be operated using not more than the engine manufacturer’s maximum recommended outputs for take-off, maximum go-round, maximum continuous, maximum
climb and cruise for normal operation unless otherwise stated. 

  

	5.6	Where applicable, *****. 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A320NEO aircraft of the same ***** purchased by the Buyer and
incorporated in the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	***** 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

  
 A320FAM PA – VOI –
AMDT 9 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement N°5D – A320 NEO PW -Page 4/7 

 LETTER AGREEMENT No.5D TO AMENDMENT No.9 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports *****. 

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of : 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING REMEDIES 

 Should the Aircraft fail to meet any of the Guarantees the Seller will *****. 
  

	9.1	Should the Seller *****: 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available corrective means mentioned above *****. 

 

	9.3	The Seller’s ***** Aircraft *****. 

  

	10	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 

  
 A320FAM PA – VOI –
AMDT 9 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement N°5D – A320 NEO PW -Page 5/7 

 LETTER AGREEMENT No.5D TO AMENDMENT No.9 

 

	11	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	12	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	13	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	14	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 9 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement N°5D – A320 NEO PW -Page 6/7 

 LETTER AGREEMENT No.5D TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	 AIRBUS S.A.S.

			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA – VOI –
AMDT 9 LA05D – Ref. D11032737 - December 2011 
 - Letter Agreement N°5D – A320 NEO PW -Page 7/7 

 LETTER AGREEMENT No.5E TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : A321NEO PERFORMANCES GUARANTEES (CFM engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the NEO Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the “Agreement”.

 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement
and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part
of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement N°5E – A320 NEO PW -Page 1/7 

 LETTER AGREEMENT No.5E TO AMENDMENT No.9 

 

 This Letter Agreement No.5E is applicable to the NEO Aircraft only: 

 

	1	AIRCRAFT CONFIGURATION 

 The guarantees defined below (“the Guarantees”) are applicable to the A321NEO Aircraft as described in the Standard Specification Ref. ***** and amended by Specification Change Notices (SCN)
for: 
  

	 	i)	New Engine Option (NEO) aircraft configuration including Sharklets 

  

	 	ii)	increase of the design weights as follows: 

  

	 	    	Maximum Take-off Weight to ***** 

	 	    	Maximum Landing Weight to ***** 

	 	    	Maximum Zero Fuel Weight to ***** 

  

	 	iii)	installation of CFM International CFM LEAP-X1A32 engines 

 hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as provided in the Agreement. 

 

	2	GUARANTEED PERFORMANCE 

  

	2.1	Take-off 

 Under the
following airport conditions (assumed representative of ***** runway *****): 
 ***** 

the FAR certified take-off weight shall be not less than *****. 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing ***** at ***** each) ***** the Aircraft shall ***** when operated under the conditions defined below. 

 

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is *****. 

  

	2.2.1.3	Allowances of *****. 

  

	2.2.1.4	***** the destination airport are conducted in *****. Climb and descent speeds below *****. 

 

	2.2.1.5	Allowances of *****. 

  

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

  
 A320FAM PA – VOI –
AMDT 9 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement N°5E – A320 NEO PW -Page 2/7 

 LETTER AGREEMENT No.5E TO AMENDMENT No.9 

 

 Trip fuel and is defined as the fuel used during take-off and initial climb, climb,
cruise, descent and approach and landing as described in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.2	***** 

  

	2.2.2.1	The Aircraft will be capable to carry a ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

***** 
 The
destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at destination airport is *****. 
  

	2.2.2.3	Allowances of *****. 

  

	2.2.2.4	***** the destination airport are conducted in *****. Climb and descent speeds below *****. 

The ***** these climb, cruise and descent phases shall be *****. 

 

	2.2.2.5	Allowances of *****. 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION 

 The A321NEO powered by CFM LEAP-X1A32 engines for ***** shall be certified in accordance with the requirements of ***** of ICAO Annex 16, Volume I, with a ***** EPNdB. 

  
 A320FAM PA – VOI –
AMDT 9 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement N°5E – A320 NEO PW -Page 3/7 

 LETTER AGREEMENT No.5E TO AMENDMENT No.9 

 

 Noise data shall be obtained and evaluated in accordance with the requirements of
Appendix 2 of Third Edition of ICAO Annex 16, Volume I. 
  

	4	MANUFACTURER’S ***** 

 The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be ***** to Section 13-10.00.00 of the Standard Specification
and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of *****. 
  

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of ***** in the conditions liable to provide the best results will be assumed. 

 

	5.3	When establishing *****. 

  

	5.4	***** as defined in Section 21-30.31 of the Specification. *****. 

  

	5.5	The engines will be operated *****. 

  

	5.6	Where applicable, *****. 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A321NEO aircraft of the same ***** as those Aircraft purchased by the
Buyer and incorporated in the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	*****. 

  

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports *****. 

  
 A320FAM PA – VOI –
AMDT 9 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement N°5E – A320 NEO PW -Page 4/7 

 LETTER AGREEMENT No.5E TO AMENDMENT No.9 

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of : 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING ***** 

Should the Aircraft fail to meet any of the Guarantees the Seller will *****. 

 

	9.1	Should the Seller *****: 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available ***** mentioned above *****. 

 

	9.3	The Seller’s *****. 

  

	10.	***** 

 In consideration
of the development status of the NEO Aircraft type at time of execution of the Amendment No.9, the Seller shall provide to the Buyer *****. 
  

	11	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	12	Confidentiality 

 This Letter Agreement is
subject to the terms and conditions of Clause 22.10 of the Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement N°5E – A320 NEO PW -Page 5/7 

 LETTER AGREEMENT No.5E TO AMENDMENT No.9 

 

	13	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	14	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	15	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. 

  
 A320FAM PA – VOI –
AMDT 9 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement N°5E – A320 NEO PW -Page 6/7 

 LETTER AGREEMENT No.5E TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

					
	Agreed and accepted	 		 	Agreed and accepted
			
	For and on behalf of	 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 	 AIRBUS S.A.S.

  

									
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA – VOI –
AMDT 9 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement N°5E – A320 NEO PW -Page 7/7 

 LETTER AGREEMENT No.5F TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : A321NEO PERFORMANCES GUARANTEES (PW engines) 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the NEO Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the “Agreement”.

 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement
and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, nonseverable part
of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA05E – Ref. D11032737 - December 2011 
 - Letter Agreement N°5F – A321 NEO PW -Page 1/7 

 LETTER AGREEMENT No.5F TO AMENDMENT No.9 

 

 This Letter Agreement No.5F is applicable to the NEO Aircraft only: 

 

	1	AIRCRAFT CONFIGURATION 

 The guarantees defined below (“the Guarantees”) are applicable to the A321NEO Aircraft as described in the Standard Specification Ref. ***** and amended by Specification Change Notices (SCN)
for: 
  

	 	i)	New Engine Option (NEO) aircraft configuration including Sharklets 

  

	 	ii)	increase of the design weights as follows: 

  

	 	    	Maximum Take-off Weight to ***** 

	 	    	Maximum Landing Weight to ***** 

	 	    	Maximum Zero Fuel Weight to ***** 

  

	 	iii)	installation of Pratt and Whitney PW 1133G engines 

 hereinafter referred to as “the Specification”, and without taking into account any further changes thereto as provided in the Agreement. 

 

	2	GUARANTEED PERFORMANCE 

  

	2.1	Take-off 

 Under the
following airport conditions (assumed representative of ***** runway *****): 
 ***** 

the FAR certified take-off weight shall be not less than *****. 

 

	2.2	***** 

  

	2.2.1	***** 

  

	2.2.1.1	When carrying a ***** (representing ***** at ***** each) *****. 

  

	2.2.1.2	The departure and destination airport conditions are such as to allow the required takeoff weight and landing weight to be used without restriction. Pressure altitude
at departure and destination airport is *****. 

  

	2.2.1.3	Allowances of *****. 

  

	2.2.1.4	***** the destination airport are conducted in *****. Climb and descent speeds below *****. 

 

	2.2.1.5	Allowances of *****. 

  

	2.2.1.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.1.4 above. 

  
 A320FAM PA – VOI –
AMDT 9 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement N°5F – A321 NEO PW -Page 2/7 

 LETTER AGREEMENT No.5F TO AMENDMENT No.9 

 

 Trip fuel and is defined as the fuel used during take-off and initial climb, climb,
cruise, descent and approach and landing as described in sub-paragraphs 2.2.1.3, 2.2.1.4 and 2.2.1.5 above. 
  

	2.2.1.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.2	***** 

  

	2.2.2.1	The Aircraft will be capable to carry a ***** when operated under the conditions defined below. 

 

	2.2.2.2	The departure airport conditions (assumed representative of ***** runway *****) are as follows: 

***** 
 The
destination airport conditions are such as to allow the required landing weight to be used without restriction. Pressure altitude at destination airport is *****. 
  

	2.2.2.3	Allowances of *****. 

  

	2.2.2.4	***** the destination airport are conducted in *****. Climb and descent speeds below *****. 

The ***** these climb, cruise and descent phases shall be *****. 

 

	2.2.2.5	Allowances of *****. 

  

	2.2.2.6	Stage distance is defined as the distance covered during climb, cruise and descent as described in sub-paragraph 2.2.2.4 above. 

Trip fuel and is defined as the fuel used during take-off and initial climb, climb, cruise, descent and approach and landing as described
in sub-paragraphs 2.2.2.3, 2.2.2.4 and 2.2.2.5 above. 
  

	2.2.2.7	At the end of approach and land ***** of fuel will remain in the tanks. This represents the estimated fuel required for: 

***** 
  

	2.2.3	***** 

  

	3	EXTERIOR NOISE CERTIFICATION 

 The A321NEO powered by PW 1133G engines for ***** shall be certified in accordance with the requirements of Chapter 4 of ICAO Annex 16, Volume I, with a ***** EPNdB. 

  
 A320FAM PA – VOI –
AMDT 9 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement N°5F – A321 NEO PW -Page 3/7 

 LETTER AGREEMENT No.5F TO AMENDMENT No.9 

 

 Noise data shall be obtained and evaluated in accordance with the requirements of
Appendix 2 of Third Edition of ICAO Annex 16, Volume I. 
  

	4	MANUFACTURER’S ***** 

The Seller guarantees that the Manufacturer’s ***** as described in the Specification defined in Paragraph 1 above and which will be
***** according to Section 13-10.00.00 of the Standard Specification and subject to adjustments as defined in paragraph 7.2 below, shall not be more than a guaranteed value of *****. 

 

	5	GUARANTEE CONDITIONS 

  

	5.1	The certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Specification. 

 

	5.2	For the determination of take-off and landing performance a hard level dry runway surface with no runway strength limitations, no line-up allowances, no obstacles, zero
wind, atmosphere according to ISA, except as otherwise noted and the use of center of gravity position, speedbrakes, flaps, landing gear and engines in the conditions liable to provide the best results will be assumed. 

 

	5.3	When establishing take-off and second segment performance, no air will be bled from the engines for cabin air conditioning or for anti-icing except if otherwise noted.

  

	5.4	***** 21-30.31 of the Specification. ***** 

  

	5.5	The engines will be operated using *****. 

  

	5.6	Where applicable, *****. 

  

	6	GUARANTEE COMPLIANCE 

  

	6.1	Compliance with the Guarantees shall be demonstrated using operating procedures and limitations in accordance with those defined by the certifying Airworthiness
Authority and by the Seller unless otherwise stated. 

  

	6.2	Compliance with the take-off element of the Guarantees will be demonstrated with reference to the approved Flight Manual. 

 

	6.3	Compliance with those parts of the Guarantees ***** (or more, at the Seller’s discretion) A321NEO aircraft of the same ***** as those Aircraft purchased by the
Buyer and incorporated in the In-Flight Performance Program and data bases (“the IFP”) appropriate to the Aircraft. 

  

	6.4	Compliance with the Manufacturer’s ***** shall be demonstrated with reference to a Weight Compliance Report. 

 

	6.5	***** 

  
 A320FAM PA – VOI –
AMDT 9 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement N°5F – A321 NEO PW -Page 4/7 

 LETTER AGREEMENT No.5F TO AMENDMENT No.9 

 

	6.6	The approved aircraft flight manual shall be used to demonstrate compliance with the guarantees of certification noise levels. 

 

	6.7	The Seller undertakes to furnish the Buyer with a report or reports *****. 

 

	7	ADJUSTMENT OF GUARANTEES 

  

	7.1	In the event of any change to any law, governmental regulation or requirement or interpretation thereof (“Rule Change”) by any governmental agency made
subsequent to the date of the Agreement and such Rule Change affects the Aircraft configuration or performance or both required to obtain certification the Guarantees shall be appropriately modified to reflect the effect of any such change.

  

	7.2	The Guarantees apply to the Aircraft as described in paragraph 1 above and may be adjusted in the event of : 

 

	 	a)	Any further configuration change which is the subject of a SCN 

  

	 	b)	Changes required to obtain certification which cause changes to the performance or weight of the Aircraft. 

 

	8	EXCLUSIVE GUARANTEES 

***** 
  

	9	UNDERTAKING ***** 

Should the Aircraft fail to meet any of the Guarantees the Seller will *****. 

 

	9.1	Should the Seller *****: 

  

	9.1.1	***** 

  

	9.1.2	***** 

  

	9.1.3	***** 

  

	9.2	In the event the Seller develops and makes available ***** mentioned above *****. 

 

	9.3	The Seller’s *****. 

  

	10.	***** 

 In consideration
of the development status of the NEO Aircraft type at time of execution of the Amendment No.9, the Seller shall provide to the Buyer *****. 
  

	11	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the 

  
 A320FAM PA – VOI –
AMDT 9 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement N°5F – A321 NEO PW -Page 5/7 

 LETTER AGREEMENT No.5F TO AMENDMENT No.9 

 

 
rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be
void and of no force or effect. 
  

	12	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	13	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	14	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	15	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 9 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement N°5F – A321 NEO PW -Page 6/7 

 LETTER AGREEMENT No.5F TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	 AIRBUS S.A.S.

			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA – VOI –
AMDT 9 LA05F – Ref. D11032737 - December 2011 
 - Letter Agreement N°5F – A321 NEO PW -Page 7/7 

 LETTER AGREEMENT No.7 TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : PRICE REVISION ***** – NEO AIRCRAFT 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA07 – Ref. D11032737 - December 2011 
 - Letter Agreement No7 -Page 1/4 

 LETTER AGREEMENT No.7 TO AMENDMENT No.9 

 

 This Letter Agreement No.7 is applicable to the NEO Aircraft only and supersedes and replaces the
original Letter Agreement No.1 to the Agreement to the extent relating to the NEO Aircraft. 
  

	1	***** 

  

	1.1	***** 

 *****

 ***** 
  

	1.2	***** 

 *****

 ***** 
  

	2	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	3	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 
  

	4	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	5	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA07 – Ref. D11032737 - December 2011 
 - Letter Agreement N°7 -Page 2/4 

 LETTER AGREEMENT No.7 TO AMENDMENT No.9 

 

	6	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 9 LA07 – Ref. D11032737 - December 2011 
 - Letter Agreement N°7 -Page 3/4 

 LETTER AGREEMENT No.7 TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	AIRBUS S.A.S.
			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA – VOI –
AMDT 9 LA07 – Ref. D11032737 - December 2011 
 - Letter Agreement N°7 -Page 4/4 

 LETTER AGREEMENT No.9 TO AMENDMENT No.9 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. 
 Prolongación Paseo de la Reforma 490, 
 Primer Piso, Colonia Santa Fe Peña
Blanca, 
 Código Postal 01210, Delegación Álvaro Obregón, 
 Mexico, D.F 
 SUBJECT : PDPs – NEO AIRCRAFT 

CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V. (the “Buyer”) and the Seller S.A.S. (the
“Seller”) have entered into a purchase agreement dated 28th October 2005 (the “Purchase Agreement”) as amended from time to time and into an amendment no.9 (the “Amendment No.9”) dated as of even date herewith, which amendment covers the
manufacture and the sale by the Seller and the purchase by the Buyer of the 2011 Incremental Aircraft as described in the Amendment No.9. The Purchase Agreement as amended together with the Amendment No.9 shall be referred to as the
“Agreement”. 
 Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned
thereto in the Agreement and/or Amendment No.9. 
 Both parties agree that this Letter Agreement, upon execution thereof, shall constitute an
integral, nonseverable part of said Agreement as amended by Amendment No.9 and shall be governed by all its provisions, as such provisions have been specifically amended pursuant to this Letter Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA09 – Ref. D11032737 - December 2011 
 - Letter Agreement No9 -Page 1/5 

 LETTER AGREEMENT No.9 TO AMENDMENT No.9 

 

 This Letter Agreement No.9 is applicable to the NEO Aircraft only. 

 

	1	Predelivery Payment Schedule 

  

	1.1	***** 

 In respect of the
NEO Aircraft, Clause 5.2 of the Agreement shall be deleted in its entirety and replaced by the following: 
 QUOTE

  

	 	5.2	***** 

 *****

 UNQUOTE 
  

	1.2	Predelivery Payment Reference Price 

 In respect of the NEO Aircraft, Clause 5.3.1 of the Agreement shall be deleted in its entirety and replaced by the following: 
 QUOTE 
 5.3.1 

The Buyer shall pay Predelivery Payments to the Seller calculated on the predelivery payment reference price of each NEO Aircraft. The
predelivery payment reference price is determined by the following formula: 
  

	 	    	***** 

  

	 	    	***** 

  

	 	    	***** 

 UNQUOTE

  
 A320FAM PA – VOI –
AMDT 9 LA09 – Ref. D11032737 - December 2011 
 - Letter Agreement N°9 -Page 2/5 

 LETTER AGREEMENT No.9 TO AMENDMENT No.9 

 

	1.3	Predelivery Payment Schedule 

 In respect of the NEO Aircraft, Clause 5.3.2 of the Agreement shall be deleted in its entirety and replaced by the following: 
 QUOTE 
 Predelivery Payments for the NEO Aircraft shall be made in
accordance with the following schedule: 
  

					
	DUE DATE OF PAYMENTS	  	USD AMOUNT OR
PERCENTAGE OF
PREDELIVERY PAYMENT
REFERENCE PRICE	 
		
	 *****
	  	USD	 	***** 
		
	 *****
	  	USD	 	***** 
		
	 *****
	  	USD	 	***** 
		
	 *****
	  	USD	 	***** 
		
	 *****
	  	USD	 	***** 
		
	 *****
	  			
		
	 *****
	  	 	    	***** 
	 *****
	  	 	    	***** 
	 *****
	  	 	    	***** 
	 *****
	  	 	    	***** 
		  	 	    	***** 

  
 Total
Payment prior to Delivery 
 UNQUOTE 
  

	2	Assignment 

Notwithstanding any other provision of this Letter Agreement and save for the provisions set forth in Clause 21 of the Agreement, this
Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this Clause shall be void and of no force or
effect. 
  

	3	Confidentiality 

 This
Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement. 

  
 A320FAM PA – VOI –
AMDT 9 LA09 – Ref. D11032737 - December 2011 
 - Letter Agreement N°9 -Page 3/5 

 LETTER AGREEMENT No.9 TO AMENDMENT No.9 

 

	4	Law and Jurisdiction 

This Letter Agreement shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in
connection with this Letter Agreement shall be within the exclusive jurisdiction of the Tribunal de Commerce of Paris. 
  

	5	Severability 

 In the
event that any provision of this Letter Agreement should for any reason be held ineffective, the remainder of this Letter Agreement shall remain in full force and effect. To the extent permitted by applicable law, each party hereto hereby waives any
provision of law which renders any provision of this Letter Agreement prohibited or unenforceable in any respect. Any provisions of this Letter Agreement which may prove to be or become, illegal, invalid or unenforceable in whole or in part, shall
as far as reasonably possible, and subject to applicable law, be preformed in accordance with the spirit and purpose of this Letter Agreement. 
  

	6	Alterations to Contract 

This Letter Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any
previous understandings, commitments or representations whatsoever oral or written in respect thereto. This Letter Agreement shall not be varied except by an instrument in writing of date even herewith or subsequent hereto executed by both parties
or by their duly authorised representatives. In the event of conflict between any provisions of the Agreement and the provisions of this Letter Agreement, the provisions of this Letter Agreement shall prevail. 

  
 A320FAM PA – VOI –
AMDT 9 LA09 – Ref. D11032737 - December 2011 
 - Letter Agreement N°9 -Page 4/5 

 LETTER AGREEMENT No.9 TO AMENDMENT No.9 

 

 If the foregoing correctly sets forth our understanding, please execute two (2) originals in the
space provided below and return one (1) original of this Letter Agreement to the Seller. 
  

									
	Agreed and accepted	 		 		 	Agreed and accepted
				
	For and on behalf of	 		 		 	For and on behalf of
	CONTROLADORA VUELA COMPAŇĺA DE AVIACIÓN, S.A.P.I. de C.V.	 		 		 	 AIRBUS S.A.S.

			
	 /s/ Alfonso Ascencio Triujeque
	 		 	 /s/ Christophe Mourey

					
	Name:	 	Alfonso Ascencio Triujeque	 		 	Name:	 	Christophe Mourey
	Its:	 	Directer Jurldico General Counsel	 		 	Its:	 	Senior Vice President Contracts
				
	 /s/ Mario E. Geyne
	 		 		 	
	Name:	 	Mario E. Geyne	 		 		 	
	Its:	 	Financial and Fleet Planning Director	 		 		 	

  
 A320FAM PA – VOI –
AMDT 9 LA09 – Ref. D11032737 - December 2011 
 - Letter Agreement N°9 -Page 5/5

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