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 Rule13d-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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February 7, 2018 | | | | DISCOVERY AIR INVESTMENTS, L.P. |
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| | | | | | By: | | Discovery Air Investments GP, LLC, its general partner |
| | | | | | By: | | Atlas Private Equity, LLC, its managing member |
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| | | | | | By: | | /s/ Harry F. Krensky |
| | | | | | | | Harry F. Krensky |
| | | | | | | | Sole Member |
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| | | | | | DISCOVERY AIR INVESTMENTS GP, LLC |
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| | | | | | By: | | Atlas Private Equity, LLC, its managing member |
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| | | | | | By: | | /s/ Harry F. Krensky |
| | | | | | | | Harry F. Krensky |
| | | | | | | | Sole Member |
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| | | | | | DISCOVERY AMERICAS II, L.P. |
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| | | | | | By: | | Discovery Americas Associates II, L.P., its general partner |
| | | | | | By: | | Discovery Americas Holdings, LLC, its general partner |
| | | | | | By: | | Discovery Americas Holdings, LP, its sole member |
| | | | | | By: | | Discovery Americas Investment Partners, Corp., its general partner |
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| | | | | | By: | | /s/ Harry F. Krensky |
| | | | | | | | Harry F. Krensky |
| | | | | | | | Managing Partner |
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| | | | DISCOVERY AMERICAS ASSOCIATES II, L.P. |
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| | | | | | By: | | Discovery Americas Holdings, LLC, its general partner |
| | | | | | By: | | Discovery Americas Holdings, LP, its sole member |
| | | | | | By: | | Discovery Americas Investment Partners, Corp., its general partner |
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| | | | | | By: | | /s/ Harry F. Krensky |
| | | | | | | | Harry F. Krensky |
| | | | | | | | Managing Partner |
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| | | | | | DISCOVERY AMERICAS HOLDINGS, LLC |
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| | | | | | By: | | Discovery Americas Holdings, LP, its sole member |
| | | | | | By: | | Discovery Americas Investment Partners, Corp., its general partner |
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| | | | | | By: | | /s/ Harry F. Krensky |
| | | | | | | | Harry F. Krensky |
| | | | | | | | Managing Partner |
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| | | | | | DISCOVERY AMERICAS HOLDINGS, LP |
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| | | | | | By: | | Discovery Americas Investment Partners, Corp., its general partner |
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| | | | | | By: | | /s/ Harry F. Krensky |
| | | | | | | | Harry F. Krensky |
| | | | | | | | Managing Partner |
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| | | | | | DISCOVERY AMERICAS INVESTMENT PARTNERS, CORP. |
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| | | | | | By: | | /s/ Harry F. Krensky |
| | | | | | | | Harry F. Krensky |
| | | | | | | | Managing Partner |
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| | | | DISCOVERY AMERICAS I, L.P. |
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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 |
| | | | | | | | Managing 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 |
| | | | | | | | Managing Member |
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| | | | | | DISCOVERY CAPITAL PARTNERS, LLC |
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| | | | | | By: | | /s/ Harry F. Krensky |
| | | | | | | | Harry F. Krensky Managing Member |
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| | | | | | BANCO INVEX, S.A., INSTITUCIÓN DE BANCA MÚLTIPLE, INVEX GRUPO FINANCIERO, FIDUCIARIO FIDEICOMISO F/2917 |
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| | | | | | By: | | /s/ Pedro Izquierdo Rueda |
| | | | | | | | Pedro Izguierdo Rueda |
| | | | | | | | Delegados Fiduciario |
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| | | | | | By: | | /s/ Talina Ximena Mora Rojas |
| | | | | | | | Talina Ximena Mora Rojas |
| | | | | | | | Delegados 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: | | Discovery Americas Holdings, LLC, its general partner |
| | | | | | By: | | Discovery Americas Holdings, LP, its sole member |
| | | | | | By: | | Discovery Americas Investment Partners, Corp., its general partner |
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| | | | | | By: | | /s/ Harry F. Krensky |
| | | | | | | | Harry F. Krensky |
| | | | | | | | Managing Partner |
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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 |