The increasing demand for higher efficiency and lower emissions in aircraft gas turbines motivates investigation of alternative thermodynamic cycle architectures. This study assesses the performance and NOx emission behavior of a triple-spool, separate-exhaust turbofan engine equipped with an interstage turbine burner (ITB). A baseline engine representative of the RB211 Trent 892 is first modeled and verified against publicly available takeoff reference data. The cycle is then modified by introducing an isobaric secondary combustion process between the high-pressure and intermediate-pressure turbines. The effects of fan pressure ratio, bypass ratio, overall pressure ratio, high-pressure turbine inlet temperature, and ITB exit temperature are examined using two-parameter response-surface sweeps. Main-combustor NOx is estimated using an RQL-type cycle correlation, while the ITB contribution is represented using an engineering source–sink model accounting for new NOx formation and partial reburning of upstream NOx. The baseline model predicts specific thrust, TSFC, and EINOx within ±8% of reference values. At a selected ITB operating point, specific thrust increases by 1.98%, TSFC increases by 9.84%, thermal efficiency decreases by 2.56%, and the adopted engineering source–sink model predicts a 20.03% reduction in fuel-flow-weighted EINOx.