Exhibit 1
JOINT FILING AGREEMENT
This will confirm the agreement by and among all the undersigned that the Schedule 13G filed on or about this date and any amendments thereto with respect to beneficial ownership by the undersigned of shares of Series A Common Stock of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. is being filed on behalf of each of the undersigned in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934. This agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
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| July 9, 2015 | | | | DISCOVERY AIR INVESTMENTS, L.P. |
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| | | | By: | | Discovery Air Investments GP, LLC, |
| | | | | | its general partner |
| | | | By: | | Discovery Americas Associates, L.P., |
| | | | | | its general partner |
| | | | By: | | Discovery Capital Partners, LLC, |
| | | | | | its general partner |
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| | | | By: | | /s/ Harry F. Krensky |
| | | | | | Harry F. Krensky |
| | | | | | Member |
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| | | | DISCOVERY AIR INVESTMENTS GP, LLC |
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| | | | By: | | Discovery Americas Associates, L.P., |
| | | | | | its general partner |
| | | | By: | | Discovery Capital Partners, LLC, |
| | | | | | its general partner |
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| | | | By: | | /s/ Harry F. Krensky |
| | | | | | Harry F. Krensky |
| | | | | | Member |
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| | | | DISCOVERY AMERICAS ASSOCIATES, L.P. |
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| | | | By: | | Discovery Capital Partners, LLC, |
| | | | | | its general partner |
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| | | | By: | | /s/ Harry F. Krensky |
| | | | | | Harry F. Krensky |
| | | | | | Member |
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| | | | DISCOVERY CAPITAL PARTNERS, LLC |
| | | |
| | | | By: | | /s/ Harry F. Krensky |
| | | | | | Harry F. Krensky |
| | | | | | Member |
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| | | | HSBC México, S.A. |
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| | | | By: | | /s/ Carlos Miguel Mendoza Valencia |
| | | | | | Carlos Miguel Mendoza Valencia |
| | | | | | Authorized Signatory |
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| | | | BANCO INVEX, S.A., INSTITUCIÓN DE BANCA
MÚLTIPLE, INVEX GRUPO FINANCIERO, FIDUCIARIO FIDEICOMISO 1405 |
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| | | | By: | | /s/ Mauricio Rangel Laisequilla |
| | | | Name: | | Mauricio Rangel Laisequilla |
| | | | Title: | | Delegado Fiduciario |
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| | | | By: | | /s/ Edgar Figueroa Pantoja |
| | | | Name: | | Edgar Figueroa Pantoja |
| | | | Title: | | Delegado Fiduciario |
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| | | | ATLAS DISCOVERY MEXICO, S. DE R.L. DE C.V. |
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| | | | By: | | /s/ Carlos Miguel Mendoza Valencia |
| | | | | | Carlos Miguel Mendoza Valencia |
| | | | | | Authorized Signatory |
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| | | | DISCOVERY AMERICAS ASSOCIATES II MEXICO, L.P. |
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| | | | By: | | Atlas Private Equity, LLC, |
| | | | | | its general partner |
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| | | | By: | | /s/ Harry F. Krensky |
| | | | | | Harry F. Krensky |
| | | | | | Sole Member |
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| | | | ATLAS PRIVATE EQUITY, LLC |
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| | | | By: | | /s/ Harry F. Krensky |
| | | | | | Harry F. Krensky |
| | | | | | Sole Member |
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| | | | /s/ Harry F. Krensky |
| | | | HARRY F. KRENSKY |
