SUPPLEMENTAL AGREEMENT NO. 17 to Purchase Agreement No. 3219 between THE BOEING COMPANY and AMERICAN AIRLINES, INC. Relating to Boeing Model 787 Aircraft
Exhibit 10.1
Certain information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. | ||
SUPPLEMENTAL AGREEMENT NO. 17
to
Purchase Agreement No. 3219
between
THE BOEING COMPANY
and
Relating to Boeing Model 787 Aircraft
THIS SUPPLEMENTAL AGREEMENT No. 17 (SA-17) is made between THE BOEING COMPANY, a Delaware corporation with offices in Seattle, Washington (Boeing), and AMERICAN AIRLINES, INC, a Delaware corporation with offices in Fort Worth, Texas, together with its successors and permitted assigns (Customer);
WHEREAS, Boeing and Customer entered into Purchase Agreement No. 3219 dated October 15, 2008, relating to Boeing Model 787 aircraft, as amended and supplemented (Purchase Agreement) and capitalized terms used herein without definitions shall have the meanings specified in such Purchase Agreement;
WHEREAS, Customer and Boeing agree to [***] the [***] 787-9 Aircraft in Table 5(R1), with the current [***] in [***] to revised [***] in [***]; and
WHEREAS, Customer and Boeing agree to [***] the [***] 787-9 Aircraft in Table 7, with the current [***] in [***] to revised [***] in [***];
NOW, THEREFORE, the parties agree that the Purchase Agreement is amended as set forth below and otherwise agree as follows:
1.Table of Contents.
The Table of Contents referencing SA-16 in the footer is deleted in its entirety and is replaced with the new Table of Contents (attached hereto) referencing SA-17 in the footer. Such
PA 3219 SA-17 Page 1
BOEING PROPRIETARY
new Table of Contents is hereby incorporated into the Purchase Agreement in replacement of its predecessor.
2.Tables.
2.1Table 5(R2). Table 5(R1) entitled “787-9 [***] Aircraft, Aircraft Delivery, Description, Price and Advance Payments” referencing SA-16 in the footer is deleted in its entirety and is replaced with the similarly titled Table 5(R2) (attached hereto) referencing SA-17 in the footer. Table 5(R2) is hereby incorporated into the Purchase Agreement in replacement of Table 5(R1).
2.2 Table 7(R1). Table 7 entitled “[***] 787-9 [***] Aircraft, Aircraft Delivery, Description, Price and Advance Payments” referencing SA-16 in the footer is deleted in its entirety and is replaced with the similarly titled Table 7(R1) (attached hereto) referencing SA-17 in the footer. Table 7(R1) is hereby incorporated into the Purchase Agreement in replacement of Table 7.
3.Advance Payments.
3.1 Upon execution of this SA-17, [***]. Due to the revision of the [***] of the 787-9 Aircraft a [***]. For the avoidance of doubt, the [***]. The [***].
3.2 Boeing [***] (the [***]) (the [***]) in the [***] ([***]) pursuant to the [***] ([***]) which was [***] (the [***]). Boeing shall apply [***] ([***]) [***]. This will [***] ([***]) ([***]). Boeing will [***] (including, but not limited to, [***] (as defined in the [***]) and the [***]) is [***], [***] the terms of the Purchase Agreement are applicable.
4.Effect on Purchase Agreement.
4.1Table 5 Reference Clarifications.
4.1.1The following references in the Purchase Agreement and the associated exhibits, supplemental exhibits, and letter agreements to the Purchase Agreement to “Table 5(R1)” is now deemed to refer to “Table 5(R2)”. Specifically, the locations of such references are (but may not be limited to) as follows:
PA 3219 SA-17 Page 2
BOEING PROPRIETARY
Location of References* | ||
Articles 1, 2, 3 (all sections), 4 (all sections), and Section 5.1 of the Basic Articles | ||
Exhibit C(R1), Definitions of “Aircraft” and “Engine” | ||
Section 1 of Supplemental Exhibit AE1 | ||
Section 1.4.1 of Letter Agreement 6-1162-CLO-1047R4 entitled “[***]” | ||
Section 1 (definition of “[***]”) and Attachment C(R4) of Letter Agreement 6-1162-TRW-0664R2 entitled “Aircraft Purchase Rights and Substitution Rights” | ||
Section 1.1 of LA 6-1162-TRW-0672R1 entitled “[***]” | ||
Sections 4a2, 6, and 9.2 of Letter Agreement 6-1162-TRW-0674R4 entitled “Business Considerations” | ||
Section 1 of Letter Agreement AAL-PA-03219-1804779 entitled “[***]” | ||
Section 1.2 of Letter Agreement AAL-PA-3219-LA1802492 entitled “Open Configuration Matters” | ||
Section 1.3.1.1 of Letter Agreement AAL-1604503 entitled “[***]” | ||
Sections 6 and 7 of Supplemental Agreement No. 11 | ||
Supplemental Exhibit EE1 | ||
4.2Table 7 Reference Clarifications.
4.2.1 The following references in the Purchase Agreement and the associated exhibits, supplemental exhibits, and letter agreements to the Purchase Agreement to “Table 7” is now deemed to refer to “Table 7(R1)”. Specifically, the locations of such references are (but may not be limited to) as follows:
Location of References* | ||
Articles 1, 2, 3 (all sections), 4 (all sections), and Section 5.1 of the Basic Articles | ||
Exhibit C(R1), Definitions of “Aircraft” and “Engine” | ||
Section 1 of Supplemental Exhibit AE1 | ||
Section 1.4.1 of Letter Agreement 6-1162-CLO-1047R4 entitled “[***]” ([***]) | ||
PA 3219 SA-17 Page 3
BOEING PROPRIETARY
Section 1 (definition of “[***]”) of Letter Agreement 6-1162-TRW-0664R2 entitled “Aircraft Purchase Rights and Substitution Rights” | ||
Section 1.1 of LA 6-1162-TRW-0672R1 entitled “[***]” | ||
Sections 4a.2, 6, and 9.2 of Letter Agreement 6-1162-TRW-0674R4 entitled “Business Considerations” | ||
Section 1 of Letter Agreement AAL-PA-03219-1804779 entitled “[***]” | ||
Section 1.2 of Letter Agreement AAL-PA-3219-LA1802492 entitled “Open Configuration Matters” | ||
Sections 6 and 7 of Supplemental Agreement No. 11 | ||
Supplemental Exhibit EE1 | ||
4.3 Except as expressly set forth herein, all terms and provisions contained in the Purchase Agreement shall remain in full force and effect. This Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes all previous proposals, and agreements, understandings, commitments or representations whatsoever, oral or written, with respect to the subject matter hereof and may be changed only in writing signed by authorized representatives of the parties.
PA 3219 SA-17 Page 4
BOEING PROPRIETARY
| AGREED AND ACCEPTED | ||||||||
| January 31, 2022 | ||||||||
| Date | ||||||||
| THE BOEING COMPANY | AMERICAN AIRLINES, INC. | |||||||
| /s/ The Boeing Company | /s/ American Airlines, Inc. | |||||||
| Signature | Signature | |||||||
| The Boeing Company | American Airlines, Inc. | |||||||
| Printed name | Printed name | |||||||
| Attorney-in-Fact | VP, Treasurer | |||||||
| Title | Title | |||||||
PA 3219 SA-17 Page 5
BOEING PROPRIETARY
TABLE OF CONTENTS, continued
TABLE OF CONTENTS
ARTICLES | SA NUMBER | ||||||||||
1. | Quantity, Model and Description | SA-3 | |||||||||
2. | Delivery Schedule | SA-3 | |||||||||
3. | Price | SA-3 | |||||||||
4. | Payment | SA-3 | |||||||||
5. | Miscellaneous | SA-3 | |||||||||
6. | Confidential Treatment | ||||||||||
TABLE | |||||||||||
1. | Aircraft Information Table – TRENT WITHDRAWN | SA-2 | |||||||||
1(R7) | 787-9 Aircraft Information Table – GENX | ||||||||||
2(R1) | 787-8 Aircraft Information Table – GENX ([***] (12) 787-8 Aircraft) | SA-5 | |||||||||
3(R1) | 787-8 Aircraft Information Table – GENX ([***] Eight (8) 000-0 Xxxxxxxx, xxxxxxxx Xxxxxx (20) 000-0 Xxxxxxxx) | XX-0 | |||||||||
0 | XXXXXXXXX | XX-0 | |||||||||
0(X0) 6(R2) 7(R1) | 2018 787-9 [***] Aircraft Information Table – GENX 2018 787-8 [***] Aircraft Information Table-GENX 2018 787-9 [***] Aircraft Information Table – GENX | XX-00 XX-00 XX-00 | |||||||||
XXXXXXX | |||||||||||
X(X0). | Aircraft Configuration for [***] Aircraft | SA-11 | |||||||||
A2(R5) | Aircraft Configuration for [***] Aircraft | SA-12 | |||||||||
B(R1). | Aircraft Delivery Requirements and Responsibilities | SA-3 | |||||||||
C(R1). | Defined Terms | SA-3 | |||||||||
SUPPLEMENTAL EXHIBITS | |||||||||||
AE1. | [***] | ||||||||||
BFE1(R1). | Buyer Furnished Equipment Variables 787-9 | SA-3 | |||||||||
BFE2. | Buyer Furnished Equipment Variables 787-8 | SA-3 | |||||||||
CS1. | 787 Customer Support Document | ||||||||||
EE1. | [***] | ||||||||||
EE1. | [***] WITHDRAWN | XX-0 | |||||||||
XX0. | [***] | SA-4 | |||||||||
P.A. No. 3219 SA-17
Table of Contents Page i
BOEING PROPRIETARY
TABLE OF CONTENTS, continued
SLP1. | Service Life Policy Components | ||||||||||
LETTER AGREEMENTS | SA NUMBER | ||||||||||
3219-01 | [***] | ||||||||||
3219-02 | Special Terms – Seats and In-Flight Entertainment | ||||||||||
3219-04 | [***] | ||||||||||
3219-05R1 | Spare Parts Commitments | XX-0 | |||||||||
0000-00X0 | Xxxxx Parts Initial Provisioning | SA-3 | |||||||||
3219-08R2 | Open Configuration Matters WITHDRAWN | SA-8 | |||||||||
6-1162-AKP-071R1 | [***] Terminated per AAL-PA-1977-LA-1105595 | ||||||||||
6-1162-AKP-072R2 | [***] Terminated per AAL-PA-1977-LA-1105595 | ||||||||||
6-1162-AKP-073R1 | Accident Claims and Litigation | ||||||||||
6-1162-CLO-1031R1 | [***] WITHDRAWN | XX-0 XX-0 | |||||||||
0-0000-XXX-0000X0 | [***] Terminated | SA-3 | |||||||||
6-1162-CLO-1039 | [***] | ||||||||||
6-1162-CLO-1042 | [***] | ||||||||||
6-1162-CLO-1043R1 | 787 Inspection Process | SA-3 | |||||||||
6-1162-CLO-1045R1 | [***] | XX-0 | |||||||||
0-0000-XXX-0000 | XX-xX, COTS Software and End User License Matters WITHDRAWN | SA-3 | |||||||||
6-1162-CLO-1047R4 | [***] | SA-11 | |||||||||
6-1162-CLO-1048 | Final Matters WITHDRAWN | SA-2 | |||||||||
6-1162-CLO-1049R2 | CS1 Matters | SA-6 | |||||||||
6-1162-TRW-0664R2 | Aircraft Purchase Rights and Substitution Rights | XX-00 | |||||||||
Xxxxxxxxxx X(X0) – MADP Exercise Dates WITHDRAWN | SA-11 | ||||||||||
Attachment B(R2) – QADP Exercise Dates WITHDRAWN | SA-11 | ||||||||||
P.A. No. 3219 SA-17
Table of Contents Page ii
BOEING PROPRIETARY
TABLE OF CONTENTS, continued
Attachment C(R3) – MADP & QADP Rights Aircraft: Description/Price Data Attachment C(R4) | SA-11 | ||||||||||
Attachment D – Form of Purchase Agreement Supplement | SA-11 | ||||||||||
| Attachment E – Letter Agreements To Be Included In Purchase Agreement Supplement | SA-6 | ||||||||||
6-1162-TRW-0665 | [***] WITHDRAWN | SA-3 | |||||||||
6-1162-TRW-0666 | [***]WITHDRAWN | SA-3 | |||||||||
6-1162-TRW-0667R3 | [***] | SA-11 | |||||||||
6-1162-TRW-0668R1 | Special Matters Relating to COTS Software and End User License Agreements | XX-0 | |||||||||
0-0000-XXX-0000X0 | Xxxxxxxxxxxxx Commitments for Model 000 Xxxxxxxx | XX-0 | |||||||||
0-0000-XXX-0000 | [***] WITHDRAWN | SA-3 | |||||||||
6-1162-TRW-0672R1 | Promotional Support Agreement | XX-0 | |||||||||
0-0000-XXX-0000X0 | Xxxxxxxxxxxxxxx | SA-3 | |||||||||
6-1162-TRW-0674R4 | Business Considerations | XX-00 | |||||||||
XXX-XX-0000-XX-00000X0 | [***] | XX-00 | |||||||||
XXX-XX-0000-XX-00000X0 | [***] | XX-0 | |||||||||
XXX-XX-0000-XX-00000 | [***] | XX-0 | |||||||||
XXX-XX-0000000 | [***] | XX-0 | |||||||||
XXX-XX-0000-XX-0000000X0 | [***] | SA-13 | |||||||||
AAL-PA-3219-LA-0000000X0 | [***] | XX-0 | |||||||||
XXX-XX-00000-XX-0000000 | [***] | XX-00 | |||||||||
XXX-XX-00000_XX-0000000 | [***] | SA-11 | |||||||||
AAL-PA-03219-LA-1802262R1 | [***] | XX-00 | |||||||||
XXX-XX-00000-XX-0000000 XXX-XX-0000-XX-0000000 AAL-PA-3219-2101557 AAL-LA-2100530 | Open Configuration Matters [***] [***] [***] | XX-00 XX-00 XX-00 XX-00 | |||||||||
P.A. No. 3219 SA-17
Table of Contents Page iii
BOEING PROPRIETARY
TABLE OF CONTENTS, continued
ATTACHMENTS | |||||||||||
Attachment 1 | Schedule for [***] of 787-9 MADP Rights | SA-11 | |||||||||
Attachment 2 | Schedule for [***] of 000-0 XXXX Xxxxxx | XX-00 | |||||||||
Xxxxxxxxxx 3 | 787-9 Purchase Rights Aircraft [***] Schedule | SA-11 | |||||||||
P.A. No. 3219 SA-17
Table of Contents Page iv
BOEING PROPRIETARY
Attachment 5(R2) To
Purchase Agreement No. 03219
787-9 [***] Aircraft Delivery, Description, Price and Advance Payments
| Airframe Model/MTOW: | 787-9 | [***] pounds | Detail Specification: | [***] 2Q21 External Fcst | ||||||||||||||||||||||||||||||||||||||||||||||
| Engine Model/Thrust: | GENX-1B74/75 | [***] pounds | Airframe Price Base Year/Escalation Formula: | [***] | [***] | |||||||||||||||||||||||||||||||||||||||||||||
| Airframe Price: | $[***] | Engine Price Base Year/Escalation Formula: | [***] | [***] | ||||||||||||||||||||||||||||||||||||||||||||||
| Optional Features: | $[***] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Sub-Total of Airframe and Features: | $[***] | Airframe Escalation Data: | ||||||||||||||||||||||||||||||||||||||||||||||||
| Engine Price (Per Aircraft): | $[***] | Base Year Index (ECI): | [***] | |||||||||||||||||||||||||||||||||||||||||||||||
| Aircraft Basic Price (Excluding BFE/SPE): | $[***] | Base Year Index (CPI): | [***] | |||||||||||||||||||||||||||||||||||||||||||||||
| Buyer Furnished Equipment (BFE) Estimate: | $[***] | Engine Escalation Data: | ||||||||||||||||||||||||||||||||||||||||||||||||
| Seller Purchased Equipment (SPE) Estimate: | $[***] | Base Year Index (ECI): | [***] | |||||||||||||||||||||||||||||||||||||||||||||||
| LIFT Seats Provided by Boeing (Estimate): | $[***] | Base Year Index (CPI): | [***] | |||||||||||||||||||||||||||||||||||||||||||||||
| Deposit per Aircraft: | $[***] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Escalation | Escalation | Escalation Estimate | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||||||||||||||||||||||
| Delivery | Number of | Factor | Factor | Adv Payment Base | At Signing | [***] | [***] | Total | ||||||||||||||||||||||||||||||||||||||||||
| Date | Aircraft | (Airframe) | (Engine) | Price Per A/P | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2024 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2024 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2024 | 2 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2024 | 2 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2024 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2025 | 2 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2025 | 2 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2025 | 2 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
AAL-PA-03735 118070-1F.txt BOEING PROPRIETARY SA-17 Table 5(R2) Page 1
Attachment 5(R2) To
Purchase Agreement No. 03219
787-9 [***] Aircraft Delivery, Description, Price and Advance Payments
| Escalation | Escalation | Escalation Estimate | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||||||||||
| Delivery | Number of | Factor | Factor | Adv Payment Base | At Signing | [***] | [***]. | Total | ||||||||||||||||||||||||||||||
| Date | Aircraft | (Airframe) | (Engine) | Price Per A/P | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||||||||
| [***]-2025 | 2 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| [***]-2025 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| [***]-2026 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| [***]-2026 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| [***]-2026 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| [***]-2026 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| [***]-2027 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| [***]-2027 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| [***]-2027 | 2 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| [***]y-2027 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||
| Total: | 25 | |||||||||||||||||||||||||||||||||||||
Note: [***] | ||||||||||||||||||||||||||||||||||||||
[***] | ||||||||||||||||||||||||||||||||||||||
[***] | ||||||||||||||||||||||||||||||||||||||
Note: [***] | ||||||||||||||||||||||||||||||||||||||
AAL-PA-03735 118070-1F.txt BOEING PROPRIETARY SA-17 Table 5(R2) Page 2
Attachment 7(R1) To
Purchase Agreement No. 03219
[***] 787-9 [***] Aircraft Delivery, Description, Price and Advance Payments
| Airframe Model/MTOW: | 787-9 | [***] pounds | Detail Specification: | [***] 2Q21 External Fcst | ||||||||||||||||||||||||||||||||||||||||||||||
| Engine Model/Thrust: | GENX-1B74/75 | [***]0 pounds | Airframe Price Base Year/Escalation Formula: | [***] | [***] | |||||||||||||||||||||||||||||||||||||||||||||
| Airframe Price: | $[***] | Engine Price Base Year/Escalation Formula: | [***] | [***] | ||||||||||||||||||||||||||||||||||||||||||||||
| Optional Features: | $[***] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Sub-Total of Airframe and Features: | $[***] | Airframe Escalation Data: | ||||||||||||||||||||||||||||||||||||||||||||||||
| Engine Price (Per Aircraft): | $[***] | Base Year Index (ECI): | [***] | |||||||||||||||||||||||||||||||||||||||||||||||
| Aircraft Basic Price (Excluding BFE/SPE): | $[***] | Base Year Index (CPI): | [***] | |||||||||||||||||||||||||||||||||||||||||||||||
| Buyer Furnished Equipment (BFE) Estimate: | $[***] | Engine Escalation Data: | ||||||||||||||||||||||||||||||||||||||||||||||||
| Seller Purchased Equipment (SPE) Estimate: | $[***] | Base Year Index (ECI): | [***] | |||||||||||||||||||||||||||||||||||||||||||||||
| LIFT Seats Provided by Boeing (Estimate): | $[***] | Base Year Index (CPI): | [***] | |||||||||||||||||||||||||||||||||||||||||||||||
| Deposit per Aircraft: | $[***] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Escalation | Escalation | Escalation Estimate | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||||||||||||||||||||||
| Delivery | Number of | Factor | Factor | Adv Payment Base | At Signing | [***] | [***] | Total | ||||||||||||||||||||||||||||||||||||||||||
| Date | Aircraft | (Airframe) | (Engine) | Price Per A/P | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2023 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2023 | 2 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2023 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2024 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| [***]-2023 | 1 | [***] | [***] | $[***] | $[***] | $[***] | $[***] | $[***] | ||||||||||||||||||||||||||||||||||||||||||
| Total: | 5 | |||||||||||||||||||||||||||||||||||||||||||||||||
Note: [***]
[***]
Note: [***]
AAL-PA-03219 118038-1F.txt BOEING PROPRIETARY SA-17 Table 7(R1)
Page 1
