SUPPLEMENTAL AGREEMENT NO. 13 to Purchase Agreement No. 03729 between THE BOEING COMPANY and SOUTHWEST AIRLINES CO. Relating to Boeing Model 737-8 and 737-7 Aircraft
SUPPLEMENTAL AGREEMENT XX. 00 | ||
xx | ||
Xxxxxxxx Xxxxxxxxx Xx. 00000 | ||
between | ||
THE BOEING COMPANY | ||
and | ||
SOUTHWEST AIRLINES CO. | ||
Relating to Boeing Model 737-8 and 737-7 Aircraft |
THIS SUPPLEMENTAL AGREEMENT No. 13 (SA-13), entered into as of ____April 29________, 2021, is made between THE BOEING COMPANY, a Delaware corporation (Boeing), and SOUTHWEST AIRLINES CO., a Texas corporation (Customer).
RECITALS: |
WHEREAS, Customer and Boeing entered into Purchase Agreement Number PA-03729 dated December 13, 2011, as amended and supplemented, (Purchase Agreement) relating to the purchase and sale of Boeing Model 737-8 (737-8 Aircraft) and Model 737-7 aircraft (737-7 Aircraft); collectively the “Aircraft”. This SA13 is an amendment to and is incorporated into the Purchase Agreement. Capitalized terms used herein but not otherwise defined will have the meaning set forth in the Purchase Agreement;
WHEREAS, Boeing and Customer agree to the acceleration of eleven (11) 737-7 Aircraft in 2022 and revise the scheduled delivery stream as applicable;
WHEREAS, Boeing and Customer agree to the acceleration of two (2) Original Option Aircraft positions in 2022 and revise the scheduled delivery stream as applicable;
WHEREAS, Boeing and Customer agree to amend the Purchase Agreement to make certain changes to the Letter Agreements as a result of the respective changes in this Supplemental Agreement; and
WHEREAS, Boeing and Customer agree to execute an SA-14 to the Purchase Agreement, on or before June 30, 2021 to [***]
[***] = Certain identified information has been excluded from the exhibit because it is both not material and is of the type that the registrant treats as private or confidential.
SWA-PA-03729 | 1 | SA-13 | ||||||
BOEING PROPRIETARY |
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 of the Purchase Agreement is deleted in its entirety and replaced with a new Table of Contents (attached), which lists the Tables, Exhibits, and Letter Agreements revised by this SA13 and is identified by “SA13”. Such revised Table of Contents is incorporated into the Purchase Agreement by this reference.
2.TABLES.
Table 1B, Aircraft Delivery, Description, Price and Advance Payments – 737-7 Aircraft, is deleted in its entirety and replaced by a new Table 1B (identified by "SA-13") attached hereto and incorporated into the Purchase Agreement by this reference.
3.LETTER AGREEMENTS.
Letter Agreement SWA-PA-03729-LA-1106474R3, Option Aircraft, and its Attachment 1 are deleted in their entirety and are replaced with the attached revised Letter Agreement SWA-PA-03729-LA-1106474R4 and its Attachment 1.
4.ADVANCE PAYMENT IMPACTS.
The acceleration of eleven (11) 737-7 Aircraft in 2022 [***] to align with the new delivery months. [***]
5.SA-13 PAYMENT.
[***]
SWA-PA-03729 | 2 | SA-13 | ||||||
BOEING PROPRIETARY |
The Purchase Agreement is deemed to be supplemented to the extent herein provided and as so supplemented will continue in full force and effect.
EXECUTED IN DUPLICATE as of the day and year first above written.
THE BOEING COMPANY | SOUTHWEST AIRLINES CO. | ||||
By: /s/ Xxxxxx J May | By: /s/ Xxxxx Xxxxxx | ||||
Name: Carson J. May | Name: Xxxxx Xxxxxx | ||||
Its: Attorney-In-Fact | Its: SVP Finance and Treasurer |
SWA-PA-03729 | 3 | SA-13 | ||||||
BOEING PROPRIETARY |
TABLE OF CONTENTS |
ARTICLES | TITLES | ||||||||||
Article 1 | Quantity, Model and Description | SA-2 | |||||||||
Article 2 | Delivery Schedule | ||||||||||
Article 3 | Price | ||||||||||
Article 4 | Payment | SA-2 | |||||||||
Article 5 | Additional Terms | ||||||||||
TABLE | TITLE | ||||||||||
1A | 737-8 Aircraft Information Table | SA-12 | |||||||||
1B | 737-7 Aircraft Information Table | SA-13 | |||||||||
EXHIBIT | |||||||||||
A1 | 737-8 Aircraft Configuration | SA-11 | |||||||||
A2 | 737-7 Aircraft Configuration | XX-0 | |||||||||
X-0 | 737-8 Remarket Aircraft Configuration | SA-12 | |||||||||
B* | Aircraft Delivery Requirements and Responsibilities | ||||||||||
B-1 | Remarket Aircraft Technical | SA-12 | |||||||||
Acceptance and Delivery Requirements and Responsibilities | |||||||||||
SUPPLEMENTAL EXHIBITS | TITLES | ||||||||||
AE1* | Escalation Adjustment/Airframe and Optional Features | ||||||||||
BFE1 | BFE Variables for 737-8 | SA-7 | |||||||||
BFE2 | BFE Variables for 737-7 | SA-8 | |||||||||
CS1 | Customer Support Variables | ||||||||||
CS1-7MAX | Customer Support Variables | XX-0 | |||||||||
XX0* | Engine Escalation/Engine Warranty and Patent Indemnity | ||||||||||
SLP1* | Service Life Policy Components |
SWA-PA-03729 | SA-13 | |||||||
Page 1 | ||||||||
BOEING PROPRIETARY |
LETTER AGREEMENTS | TITLES | |||||||
SWA-PA-03729-LA-1106463R3 | Open Matters | SA-8 | ||||||
SWA-PA-03729-LA-1106464* | [***] | |||||||
SWA-PA-03729-LA-1106465* | [***] | |||||||
SWA-PA-03729-LA-1106466 | [***] | |||||||
SWA-PA-03729-LA-1106467R2 | [***] | XX-0 | ||||||
XXX-XX-00000-XX-0000000* | [***] | |||||||
SWA-PA-03729-LA-1106469R1 | [***] | XX-0 | ||||||
XXX-XX-00000-XX-0000000X0 | [***] | XX-0 | ||||||
XXX-XX-00000-XX-0000000X0 | Xxxxxxxxxx Aircraft | SA-12 | ||||||
SWA-PA-03729-LA-1106473R2 | [***] | SA-12 | ||||||
SWA-PA-03729-LA-1106474R4 | Option Aircraft | SA-13 | ||||||
SWA-PA-03729-LA-1106475R4 | [***] | SA-12 | ||||||
SWA-PA-03729-LA-1106476R2 | [***] | SA-8 | ||||||
SWA-PA-03729-LA-1106477* | [***] | |||||||
SWA-PA-03729-LA-1106478 | [***] | |||||||
SWA-PA-03729-LA-1106479R1 | [***] | XX-0 | ||||||
XXX-XX-00000-XX-0000000X0 | [***] | SA-2 | ||||||
SWA-PA-03729-LA-1106481R2 | [***] | SA-2 | ||||||
SWA-PA-03729-LA-1106482* | [***] | |||||||
SWA-PA-03729-LA-1106483* | [***] | |||||||
SWA-PA-03729-LA-1106484R2 | [***] | SA-12 | ||||||
SWA-PA-03729-LA-1106485* | [***] |
SWA-PA-03729 | SA-13 | |||||||
Page 2 | ||||||||
BOEING PROPRIETARY |
LETTER AGREEMENTS | TITLES | |||||||
SWA-PA-03729-LA-1209080 | [***] | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | [***] | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | [***] | SA-2 | ||||||
SWA-PA-03729-LA-1301168R3 | [***] | SA-6 | ||||||
SWA-PA-03729-LA-1301170R3 | [***] | XX-00 | ||||||
XXX-XX-00000-XX-0000000 | [***] | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | Service Ready Operational Validation | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | [***] | SA-7 | ||||||
SWAPA03729LA1602486R1 | [***] | SA-12 | ||||||
SWAPA03729LA2100594 | 737-8 Remarket Production Aircraft | SA-12 | ||||||
SWAPA03729LA2100700 | 737-8 Open Configuration Matters – Remarket Production Aircraft | XX-00 | ||||||
XXX-XX-00000-XX-0000000 | [***] | XX-00 | ||||||
XXX-XX-00000-XX-0000000 | [***] | XX-00 | ||||||
XXX-XX-00000-XX-0000000 | [***] | SA-12 | ||||||
SWAPA03729LA2100814 | [***] | SA-12 | ||||||
SWAPA03729LA2100819 | [***] | XX-00 | ||||||
XXX-XX-00000-XX-0000000 | [***] | XX-00 | ||||||
XXX-XX-00000-XX-0000000 | [***] | XX-00 |
XXX-XX-00000 | XX-00 | |||||||
Page 3 | ||||||||
BOEING PROPRIETARY |
LETTER AGREEMENTS | TITLES | |||||||
SWA-PA-03729-LA-2100984 | [***] | SA-12 |
* Denotes revision to Page 1 or Page 2 only to reference 737-7 (SA-2)
SWA-PA-03729 | SA-13 | |||||||
Page 4 | ||||||||
BOEING PROPRIETARY |
INACTIVE / DELETED TABLES, EXHIBITS, AND LETTER AGREEMENTS
RESTRICTED LETTER AGREEMENTS
Letter Agreement | Title | Last Updated under SA | Current Status | ||||||||
SWA-PA-03729-LA-1106472R1 | [***] | SA-2 | Deleted under XX-0 | ||||||||
XXX-XX-00000/00000-XX-0000000 | [***] | SA-2 | Deleted under XX-0 |
XXX-XX-00000 | SA-13 | |||||||
Page 5 | ||||||||
BOEING PROPRIETARY |
Table 1B To | ||
Purchase Agreement No. PA-03729 | ||
Aircraft Delivery, Description, Price and Advance Payments | ||
737-7 Aircraft |
Airframe Model/MTOW: | 737-7 | 177,000 pounds | Detail Specification: | D019A008SWA17P-1 | ||||||||||||||||
Engine Model/Thrust: | CFMLEAP-1B27C | 26,400 pounds | Airframe Price Base Year/Escalation Formula: | Jul-11 | ECI-MFG/CPI | |||||||||||||||
Airframe Price: | [***] | Engine Price Base Year/Escalation Formula: | N/A | N/A | ||||||||||||||||
Optional Features: | [***] | |||||||||||||||||||
Sub-Total of Airframe and Features: | [***] | Airframe Escalation Data: | ||||||||||||||||||
Engine Price (Per Aircraft): Aircraft Basic Price (Excluding BFE/S | [***] PE): [***] | Base Year Index (ECI): [***] Base Year Index (CPI): [***] |
Buyer Furnished Equipment (BFE) Estimat [***]
Seller Purchased Equipment (SPE) Estimat [***]
Delivery Date* | Original Delivery Date* | Number of Aircraft | Escalation Factor (Airframe) | Manufacturer | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||||
Serial Number** | Escalation Factor | Note | At Signing [***] | 24 Mos. [***] | 21/18/12/9/6 Mos. [***] | Total [***] | |||||||||||||||||||||||||||||
Jan-22 | Apr-2019 | 3 | [***] | 42586, 42587, 42588 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jan-22 | May-2019 | 1 | [***] | 42589 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Feb-22 | May-2019 | 1 | [***] | 42590 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Feb-22 | Aug-2019 | 2 | [***] | 42561, 42569 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
May-22 | Oct-2023 | 1 | [***] | 42614 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
May-22 | Feb-2024 | 1 | [***] | 42620 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
May-22 | Mar-2024 | 1 | [***] | 42621 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
May-22 | Apr-2024 | 1 | [***] | 42623 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
May-22 | May-2024 | 1 | [***] | 42627 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
May-22 | Jun-2024 | 1 | [***] | 42629 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
May-22 | Jul-2024 | 1 | [***] | 42631 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jun-22 | Jan-2023 | 1 | [***] | 42591 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jun-22 | Feb-2023 | 1 | [***] | 42592 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jun-22 | Mar-2023 | 1 | [***] | 42595 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jun-22 | Apr-2023 | 1 | [***] | 42598 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jun-22 | May-2023 | 1 | [***] | 42600 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jun-22 | Aug-2024 | 1 | [***] | 42632 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jul-22 | Jun-2023 | 1 | [***] | 42602 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jul-22 | Jul-2023 | 1 | [***] | 42603 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jul-22 | Aug-2023 | 1 | [***] | 42604 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jul-22 | Sep-2023 | 1 | [***] | 42609 | [***] | [***] | [***] | [***] | [***] | [***] |
XX-00 | ||||||||
XXX-XX-00000 107953-1F 116795-1F | Boeing Proprietary | Page 1 |
Table 1B To | ||
Purchase Agreement No. PA-03729 | ||
Aircraft Delivery, Description, Price and Advance Payments | ||
737-7 Aircraft |
Delivery Date* | Original Delivery Date* | Number of Aircraft | Escalation Factor (Airframe) | Manufacturer | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||||
Serial Number** | Escalation Factor | Note | At Signing [***] | 24 Mos. [***] | 21/18/12/9/6 Mos. [***] | Total [***] | |||||||||||||||||||||||||||||
Jul-22 | Sep-2024 | 1 | [***] | 42635 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jul-22 | Oct-2024 | 1 | [***] | 42638 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jul-22 | Nov-2024 | 1 | [***] | 42642 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Aug-22 | Nov-2023 | 1 | [***] | 42613 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Aug-22 | Dec-2023 | 1 | [***] | 42616 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Aug-22 | Jan-2024 | 1 | [***] | 42618 | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Jan-2023 | Jul-21 | 2 | [***] | 42657, 42671 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Feb-2023 | Mar-22 | 2 | [***] | 42679, 42678 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Feb-2023 | Apr-22 | 1 | [***] | 42688 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Mar-2023 | Apr-22 | 2 | [***] | 42681, 42680 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Xxx-0000 | Xxx-00 | 1 | [***] | 42684 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Apr-2023 | May-22 | 2 | [***] | 42683, 42682 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Apr-2023 | Jun-22 | 1 | [***] | 42687 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
May-2023 | Jun-22 | 2 | [***] | 42686, 42685 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
May-2023 | Jul-22 | 1 | [***] | 42690 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jun-2023 | Jul-22 | 1 | [***] | 42689 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jun-2023 | Aug-22 | 1 | [***] | 42693 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jul-2023 | Aug-22 | 1 | [***] | 42695 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jul-2023 | Jan-23 | 1 | [***] | 42565 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Aug-2023 | Jan-23 | 1 | [***] | 42560 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Aug-2023 | Feb-23 | 2 | [***] | 42562, 42564 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Xxx-0000 | Xxx-00 | 1 | [***] | 42557 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Sep-2023 | Apr-23 | 1 | [***] | 42555 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Oct-2023 | May-23 | 2 | [***] | 42594, 42568 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Oct-2023 | Jun-23 | 1 | [***] | 42581 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Nov-2023 | Jul-23 | 2 | [***] | 42582, 42597 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Dec-2023 | Aug-23 | 1 | [***] | 42593 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Dec-2023 | Sep-23 | 1 | [***] | 42578 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jan-2024 | Sep-23 | 1 | [***] | 42601 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jan-2024 | Oct-23 | 1 | [***] | 42605 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Feb-2024 | Dec-23 | 1 | [***] | 42583 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] |
XX-00 | ||||||||
XXX-XX-00000 107953-1F 116795-1F | Boeing Proprietary | Page 2 |
Table 1B To | ||
Purchase Agreement No. PA-03729 | ||
Aircraft Delivery, Description, Price and Advance Payments | ||
737-7 Aircraft |
Delivery Date* | Original Delivery Date* | Number of Aircraft | Escalation Factor (Airframe) | Manufacturer | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||||
Serial Number** | Escalation Factor | Note | At Signing [***] | 24 Mos. [***] | 21/18/12/9/6 Mos. [***] | Total [***] | |||||||||||||||||||||||||||||
Feb-2024 | Jan-24 | 2 | [***] | 42584, 42585 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||
Mar-2024 | Jan-24 | 1 | [***] | 42611 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Mar-2024 | Feb-24 | 2 | [***] | 42596, 42599 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Apr-2024 | Feb-24 | 1 | [***] | 42612 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Apr-2024 | Apr-24 | 2 | [***] | 42606, 42617 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
May-2024 | May-24 | 3 | [***] | 42608, 42619, 42622 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jun-2024 | Jun-24 | 1 | [***] | 42610 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jun-2024 | Aug-24 | 1 | [***] | 42626 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jul-2024 | Aug-24 | 1 | [***] | 42624 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jul-2024 | Sep-24 | 1 | [***] | 42630 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Aug-2024 | Oct-24 | 2 | [***] | 42625, 42636 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Aug-2024 | Nov-24 | 1 | [***] | 42639 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Sep-2024 | Dec-24 | 2 | [***] | 42640, 42628 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Oct-2024 | Feb-25 | 1 | [***] | 42643 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Oct-2024 | Mar-25 | 2 | [***] | 42645, 42644 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Nov-2024 | Apr-25 | 2 | [***] | 42659, 42660 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Dec-2024 | May-25 | 1 | [***] | 42663 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Dec-2024 | Jun-25 | 1 | [***] | 42667 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jan-2025 | Jul-25 | 1 | [***] | 42668 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jan-2025 | Aug-25 | 1 | [***] | 42675 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Feb-2025 | Sep-25 | 2 | [***] | 42677, 42676 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Feb-2025 | Oct-25 | 1 | [***] | 42692 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Xxx-0000 | Xxx-00 | 1 | [***] | 42696 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Xxx-0000 | Xxx-00 | 2 | [***] | 42698, 42700 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Apr-2025 | Dec-25 | 2 | [***] | 42702, 42701 | [***] | ***737-8 Sub | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Apr-2025 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
May-2025 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jun-2025 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jul-2025 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Aug-2025 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Sep-2025 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] |
XX-00 | ||||||||
XXX-XX-00000 107953-1F 116795-1F | Boeing Proprietary | Page 3 |
Table 1B To | ||
Purchase Agreement No. PA-03729 | ||
Aircraft Delivery, Description, Price and Advance Payments | ||
737-7 Aircraft |
Delivery Date* | Original Delivery Date* | Number of Aircraft | Escalation Factor (Airframe) | Manufacturer | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||||
Serial Number** | Escalation Factor | Note | At Signing [***] | 24 Mos. [***] | 21/18/12/9/6 Mos. [***] | Total [***] | |||||||||||||||||||||||||||||
Oct-2025 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Nov-2025 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Dec-2025 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jan-2026 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Feb-2026 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Mar-2026 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Apr-2026 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
May-2026 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jun-2026 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jul-2026 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Aug-2026 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Sep-2026 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Oct-2026 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Nov-2026 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Dec-2026 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jan-2027 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Feb-2027 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Mar-2027 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Apr-2027 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
May-2027 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jun-2027 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jul-2027 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Aug-2027 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Sep-2027 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Oct-2027 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Nov-2027 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Dec-2027 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jan-2028 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Feb-2028 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Mar-2028 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Apr-2028 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] |
XX-00 | ||||||||
XXX-XX-00000 107953-1F 116795-1F | Boeing Proprietary | Page 4 |
Table 1B To | ||
Purchase Agreement No. PA-03729 | ||
Aircraft Delivery, Description, Price and Advance Payments | ||
737-7 Aircraft |
Delivery Date* | Original Delivery Date* | Number of Aircraft | Escalation Factor (Airframe) | Manufacturer Serial Number** | Escalation Factor | Note | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||
At Signing [***] | 24 Mos. [***] | 21/18/12/9/6 Mos. [***] | Total [***] | ||||||||||||||||||||||||||||||||
May-2028 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jun-2028 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jul-2028 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Aug-2028 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Sep-2028 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Oct-2028 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Nov-2028 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Dec-2028 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jan-2029 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Feb-2029 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Mar-2029 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Apr-2029 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
May-2029 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jun-2029 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jul-2029 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Aug-2029 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Sep-2029 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Oct-2029 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Nov-2029 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Dec-2029 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jan-2030 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Feb-2030 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Mar-2030 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Apr-2030 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
May-2030 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jun-2030 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Jul-2030 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Aug-2030 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Sep-2030 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Oct-2030 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||||||
Nov-2030 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] |
XX-00 | ||||||||
XXX-XX-00000 107953-1F 116795-1F | Boeing Proprietary | Page 5 |
Table 1B To | ||
Purchase Agreement No. PA-03729 | ||
Aircraft Delivery, Description, Price and Advance Payments | ||
737-7 Aircraft |
Delivery Date* | Original Delivery Date* | Number of Aircraft | Escalation Factor (Airframe) | Manufacturer | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||||
Serial Number** | Escalation Factor | Note | At Signing [***] | 24 Mos. [***] | 21/18/12/9/6 Mos. [***] | Total [***] | |||||||||||||||||||||||||||||
Dec-2030 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] |
Total: | 200 |
* [***]
** Manufacturer Serial Numbers (MSN) are for reference only and are subject to change.
*** [***]
Notes:
(1) [***]
XX-00 | ||||||||
XXX-XX-00000 107953-1F 116795-1F | Boeing Proprietary | Page 6 |
The Boeing Company X.X. Xxx 0000 Xxxxxxx, XX 981242207 |
SWAPA03729LA1106474R4
0000 Xxxx Xxxxx Xxxxx
X.X. Xxx 00000
Xxxxxx, Xxxxx 00000-0000
Subject: Option Aircraft
Reference: Purchase Agreement No. PA03729 (Purchase Agreement) between The Boeing Company (Boeing) and Southwest Airlines Co. (Customer) relating to Model 7378 aircraft and Model 737-7 aircraft
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement.
1.Right to Purchase Option Aircraft.
Subject to the terms and conditions contained in this Letter Agreement, in addition to the Aircraft described in Table 1 to the Purchase Agreement as of the date of execution of this Letter Agreement, Customer will have the option to purchase additional Boeing Model 7378 aircraft as option aircraft (Option Aircraft).
2.Delivery.
The number of Option Aircraft and delivery dates are listed in the Attachment 1-A and 1-B (collectively Attachment 1) to this Letter Agreement. The Attachment 1-A Aircraft are the Original Option Aircraft (Original Option Aircraft) and the Attachment 1-B Aircraft are the 2020 Option Aircraft (2020 Option Aircraft).
3.Configuration.
3.1 Subject to the provisions of Article 0, below, the configuration for the Option Aircraft will be the Detail Specification for Boeing Model 7378 aircraft at the revision level in effect at the time of Definitive Agreement (as defined in Article 8). Such Detail Specification will be revised to include (i) changes applicable to the Detail Specification that are developed by Boeing between the Option Exercise Date (as defined below) and the signing of the Definitive Agreement, (ii) changes required to obtain required regulatory certificates, and (iii) other changes as mutually agreed.
SWA-PA-03729-LA-1106474R4 | SA-13 | ||||
Option Aircraft | Page 1 | ||||
BOEING PROPRIETARY |
3.2 Boeing reserves the right to configure the Option Aircraft starting from a different configuration specification, provided that it can achieve the same configuration which would result pursuant to the provisions of Article 3.1.
4. [***]
5. [***]
6. [***]
SWA-PA-03729-LA-1106474R4 | SA-13 | ||||
Option Aircraft | Page 2 | ||||
BOEING PROPRIETARY |
7. [***]
8. [***]
9.Assignment.
Notwithstanding any other provisions of the Purchase Agreement, the rights and obligations described in this Letter Agreement are provided to Customer in consideration of Customer’s becoming the operator of the Option Aircraft and cannot be assigned in whole or in part.
10.Confidentiality
Customer understands that certain commercial and financial information contained in this Letter Agreement is considered by Boeing as confidential and has value precisely because it is not available generally to other parties. Customer agrees to limit the disclosure of the contents of this Letter Agreement to (a) its directors and officers, (b) employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this Article) without the prior written consent of Boeing and (c) any auditors and attorneys of Customer who have a need to know such information and have signed a confidentiality agreement in the same form and substance similar to this Article, or are otherwise bound by a confidentiality obligation. Disclosure to other parties is not permitted without Boeing’s consent except as may be required by applicable law or governmental regulations. Customer shall be fully responsible to Boeing for compliance with such obligations.
SWA-PA-03729-LA-1106474R4 | SA-13 | ||||
Option Aircraft | Page 3 | ||||
BOEING PROPRIETARY |
Very truly yours,
THE BOEING COMPANY | ||||||||
By | /s/ Xxxxxx J May | |||||||
Name | Carson J. May | |||||||
Its | Attorney-In-Fact | |||||||
ACCEPTED AND AGREED TO this | ||||||||
Date: | April 29 , 2021 | |||||||
SOUTHWEST AIRLINES CO. | ||||||||
By | /s/ Xxxxx Xxxxxx | |||||||
Name | Xxxxx Xxxxxx | |||||||
Its | SVP Finance and Treasurer |
SWA-PA-03729-LA-1106474R4 | SA-13 | ||||
Option Aircraft | Page 4 | ||||
BOEING PROPRIETARY |
Attachment 1-A To | ||
Letter Agreement No. 1106474 | ||
Aircraft Delivery, Description, Price and Advance Payments |
Airframe Model/MTOW: 737-8 | 181,200 pounds | Detail Specification: | D019A008-S (5/1/2017) | ||||||||||||||
Engine Model/Thrust: CFMLEAP-1B28(1) | 28,800 pounds | Airframe Price Base Year/Escalation Formula: | Jul-11 | ECI-MFG/CPI | |||||||||||||
Airframe Price: | [***] | Engine Price Base Year/Escalation Formula: | N/A | N/A | |||||||||||||
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: | [***] | ||||||||||||||||
Seller Purchased Equipment (SPE) Estimate: | [***] | ||||||||||||||||
Non-Refundable Deposit/Aircraft at Def Agreement | [***] |
Delivery Date | Number of Aircraft | Escalation Factor (Airframe) | Option Exercise Date Deadline | Note | MSN | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||
At Signing [***] | 24 Mos. [***] | 21/18/12/9/6 Mos. [***] | Total [***] | |||||||||||||||||||||||||||||
Mar-2022 | 5 | [***] | [***] | Remarket Aircraft** | 67206, 67205, 67207, 67208, 67209 | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||
Apr-2022 | 5 | [***] | [***] | Remarket Aircraft** | 67210, 67211, 67212, 67213, 67214 | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||
Apr-2022 | 2 | [***] | [***] | Remarket Aircraft** | 67216, 67215 | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||
May-2022 | 1 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
May-2022 | 2 | [***] | [***] | Remarket Aircraft** | 67218, 67217 | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||
Jun-2022 | 3 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Jul-2022 | 3 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Aug-2022 | 3 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Sep-2022 | 1 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Sep-2022 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Oct-2022 | 1 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Oct-2022 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Nov-2022 | 3 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Nov-2022 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Dec-2022 | 3 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Dec-2022 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jan-2023 | 2 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Jan-2023 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Feb-2023 | 3 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Mar-2023 | 2 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Mar-2023 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] |
SA-13 | ||||||||
WA-PA-03729-LA-1106474 107813 116801-1F.txt | Boeing Proprietary | Page 1 |
Attachment 1-A To | ||
Letter Agreement No. 1106474 | ||
Aircraft Delivery, Description, Price and Advance Payments |
Delivery Date | Number of Aircraft | Escalation Factor (Airframe) | Option Exercise Date Deadline | Note | MSN | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||
At Signing [***] | 24 Mos. [***] | 21/18/12/9/6 Mos. [***] | Total [***] | |||||||||||||||||||||||||||||
Apr-2023 | 2 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
May-2023 | 3 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Jun-2023 | 2 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Jul-2023 | 3 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Jul-2023 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Aug-2023 | 2 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Sep-2023 | 2 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Sep-2023 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Oct-2023 | 3 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Nov-2023 | 2 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Nov-2023 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Dec-2023 | 2 | [***] | [***] | Remarket Aircraft** | [***] | [***] | [***] | [***] | [***] | |||||||||||||||||||||||
Dec-2023 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jan-2024 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Feb-2024 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Mar-2024 | 4 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Apr-2024 | 4 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
May-2024 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jun-2024 | 2 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jun-2024 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Jan-2025 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Feb-2025 | 3 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Mar-2025 | 4 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
Apr-2025 | 4 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
May-2025 | 1 | [***] | [***] | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||||
May-2025 | 3 | [***] | [***] | Previously Earned | *** | [***] | [***] | [***] | [***] | [***] | ||||||||||||||||||||||
Jun-2025 | 2 | [***] | [***] | Previously Earned | *** | [***] | [***] | [***] | [***] | [***] |
Total: 120
* [***]
** [***]
*** [***]
Note:
SA-13 | ||||||||
WA-PA-03729-LA-1106474 107813 116801-1F.txt | Boeing Proprietary | Page 2 |
Attachment 1-A To | ||
Letter Agreement No. 1106474 | ||
Aircraft Delivery, Description, Price and Advance Payments |
Delivery Date | Number of Aircraft | Escalation Factor (Airframe) | Option Exercise Date Deadline | Note | MSN | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||
At Signing [***] | 24 Mos. [***] | 21/18/12/9/6 Mos. [***] | Total [***] |
(1) [***]
SA-13 | ||||||||
WA-PA-03729-LA-1106474 107813 116801-1F.txt | Boeing Proprietary | Page 3 |