Grupo Aeromexico S.A.B. de C.V. ("Aeromexico") (BMV: AEROMEX) advises that it has recently reached a confidential compensation agreement with "The Boeing Company" ("Boeing") to mitigate Aeromexico's costs arising from the temporary grounding of the airline's Boeing 737 MAX aircraft.

The details of this agreement with Boeing are privileged and confidential. Grupo Aeromexico grounded its Boeing 737 MAX aircraft on March 11, 2019. The Company remains in constant communication with Boeing and the national and international aeronautical regulatory authorities and is looking forward to the aircraft reinitiating operations, once it has been recertified.

Aeromexico reiterates to its passengers, investors and the public its unwavering commitment to safety and offering customer service excellence.