Common use of FHA Rates Clause in Contracts

FHA Rates. 10.1.1 The FHA Rate per Eligible Engine Flight Hour for Restoration Shop Visit Coverage during the Period of Cover for Eligible Engines on A319 and A320 Aircraft shall be as follows: ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** The FHA Rate per Eligible Engine Flight Hour for Restoration Shop Visit Coverage during the Period of Cover for Eligible Engines on A321 Aircraft shall be as follows: ***** ***** ***** ***** ***** ***** ***** ***** IAE shall invoice Vuela at induction of the Eligible Engine into the Maintenance Center for a Restoration Shop Visit, an amount equal to the above applicable FHA Rate (escalated in accordance with Clause 10.2) multiplied by the Eligible Engine Flight Hours flown by such ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. Eligible Engine since new or if the Eligible Engine has had a prior Restoration Shop Visit, since its last Restoration Shop Visit. The above FHA Rates are subject to adjustment in accordance with the provisions of Exhibit G to the extent applicable. 10.1.2 The FHA Rate for Miscellaneous Shop Visit Coverage shall be ***** per Eligible Engine Flight Hour during the Period of Cover. IAE shall invoice Vuela on a monthly basis in an amount equal to the FHA Rate for Miscellaneous Shop Visit Coverage (escalated in accordance with Clause 10.2) multiplied by the Eligible Engine Flight Hours flown in the previous month by Eligible Engines within their respective Periods of Cover; *****

FHA Rates. 10.1.1 The FHA Rate per Eligible Engine Flight Hour for Restoration Shop Visit Coverage for Eligible Engines during the Period of Cover for Eligible Engines on A319 and A320 Aircraft shall be as follows: : (a) For V2524-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour; (b) For V2527-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour; and (c) For V2533-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour. 10.1.3 The FHA Rate for Miscellaneous Shop Visit Coverage for Eligible Engines for the first ***** of each Eligible Engine’s Period of Cover shall be ***** per Eligible Engine Flight Hour. 10.1.4 The FHA Rate for Miscellaneous Shop Visit Coverage for Eligible Engines each year commencing with the ***** for each Eligible Engine during the Period of Cover shall be as follows: (a) For V2524-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour; (b) For V2527-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour; and (c) For V2533-A5 rated Eligible Engines ***** ***** ***** ***** ***** ***** ***** ***** The FHA Rate per Eligible Engine Flight Hour for Restoration Shop Visit Coverage during the Period of Cover for Eligible Engines on A321 Aircraft shall be as follows: ***** ***** ***** ***** ***** ***** ***** ***** IAE shall invoice Vuela at induction of the Eligible Engine into the Maintenance Center for a Restoration Shop Visit, an amount equal to the above applicable FHA Rate (escalated in accordance with Clause 10.2) multiplied by the Eligible Engine Flight Hours flown by such ***** Hour; 10.1.6 Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. Eligible Engine since new or if the Eligible Engine has had a prior Restoration Shop Visit, since its last Restoration Shop Visit. The above FHA Rates are subject to adjustment in accordance with the provisions of Exhibit G to the extent applicable. 10.1.2 The FHA Rate for Miscellaneous Shop Visit Coverage shall be ***** per Eligible Engine Flight Hour during the Period of Cover. IAE shall invoice Vuela on a monthly basis in an amount equal to the FHA Rate for Miscellaneous Shop Visit Coverage (escalated in accordance with Clause 10.2) multiplied by the Eligible Engine Flight Hours flown in the previous month by Eligible Engines within their respective Periods of Cover; 10.1.7 *****

FHA Rates. 10.1.1 The FHA Rate per Eligible Engine Flight Hour for Restoration Shop Visit Coverage for Eligible Engines during the Period of Cover for Eligible Engines on A319 and A320 Aircraft shall be as follows: : (a) For V2524-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour; (b) For V2527-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour; and (c) For V2533-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour. 10.1.3 The FHA Rate for Miscellaneous Shop Visit Coverage for Eligible Engines for the first ***** of each Eligible Engine’s Period of Cover shall be ***** per Eligible Engine Flight Hour. 10.1.4 The FHA Rate for Miscellaneous Shop Visit Coverage for Eligible Engines each year commencing with the ***** for each Eligible Engine during the Period of Cover shall be as follows: (a) For V2524-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour; (b) For V2527-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour; and (c) For V2533-A5 rated Eligible Engines ***** per Eligible Engine Flight Hour; ***** ***** ***** ***** ***** ***** ***** The FHA Rate per Eligible Engine Flight Hour for Restoration Shop Visit Coverage during the Period of Cover for Eligible Engines on A321 Aircraft shall be as follows: ***** ***** ***** ***** ***** ***** ***** ***** IAE shall invoice Vuela at induction of the Eligible Engine into the Maintenance Center for a Restoration Shop Visit, an amount equal to the above applicable FHA Rate (escalated in accordance with Clause 10.2) multiplied by the Eligible Engine Flight Hours flown by such ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. Eligible Engine since new or if the Eligible Engine has had a prior Restoration Shop Visit, since its last Restoration Shop Visit. The above FHA Rates are subject to adjustment in accordance with the provisions of Exhibit G to the extent applicable. 10.1.2 The FHA Rate for Miscellaneous Shop Visit Coverage shall be ***** per Eligible Engine Flight Hour during the Period of Cover. IAE shall invoice Vuela on a monthly basis in an amount equal to the FHA Rate for Miscellaneous Shop Visit Coverage (escalated in accordance with Clause 10.2) multiplied by the Eligible Engine Flight Hours flown in the previous month by Eligible Engines within their respective Periods of Cover; 10.1.5 *****