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Operating leases (Tables)

12 Months Ended

Dec. 31, 2017

Operating leases

Schedule of composition of fleet and spare engines, operating leases

Aircraft Type		Model		At December 31, 2017		At December 31, 2016		At December 31, 2015
A319		132		6		6		6
A319		133		6		9		12
A320		233		39		39		32
A320		232		4		4		4
A320NEO		271N		6		1		—
A321		231		10		10		2
				71		69		56

Engine Type		Model		At December 31, 2017		At December 31, 2016		At December 31, 2015
V2500		V2527M-A5		3		3		3
V2500		V2527E-A5		3		4		3
V2500		V2527-A5		2		4		—
				8		11		6

Schedule of rental expense charged to results of operations

		2017			2016			2015
Aircraft and engine (Note 1p)		Ps.	6,072,502		Ps.	5,590,058		Ps.	3,525,336
Real estate:
Airports facilities		44,251			40,591			39,993
Offices, maintenance warehouse and hangar (Note 20)		30,544			33,517			25,889
Total rental expenses on real estate		74,795			74,108			65,882
Total cost of operating leases		Ps.	6,147,297		Ps.	5,664,166		Ps.	3,591,218

Aircraft and engines

Operating leases

Schedule of future minimum lease payments

		Aircraft operating leases						Engine operating leases
		in U.S. dollars			in Mexican  pesos(1)			in U.S. dollars			in Mexican pesos(1)
2018		US$	257,681		Ps.	5,085,438		US$	4,336		Ps.	85,573
2019		244,264			4,820,648			3,986			78,665
2020		238,837			4,713,544			3,366			66,429
2021		233,002			4,598,388			3,209			63,331
2022 and thereafter		863,604			17,043,570			4,624			91,256
Total		US$	1,837,388		Ps.	36,261,588		US$	19,521		Ps.	385,254

(1) Using the exchange rate as of December 31, 2017 of Ps. 19.7354.

Land and buildings

Operating leases

Schedule of future minimum lease payments

		Operating  leases  denominated in U.S. dollars			Equivalent in Mexican pesos*			Operating leases  denominated in  Mexican pesos
2018		US$	6,718		Ps.	132,582		Ps.	66,243
2019		4,563			90,053			52,575
2020		4,548			89,757			42,335
2021		1,672			32,998			9,168
2022 and thereafter		702			13,854			53,194
Total		US$	18,203		Ps.	359,244		Ps.	223,515

*Convenience translation to U.S. dollars (Ps.19.7354).

X

- Definition

The disclosure of additional information about leasing activities of a lessee.

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- Definition

The disclosure of a maturity analysis of operating lease payments. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.

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