Supplemental Agreement No. 6 to Purchase Agreement No. 3256 between THE BOEING COMPANY and LATAM AIRLINES GROUP S.A. Relating to Boeing Model 787-916/787-816 Aircraft
Exhibit 4.5.5
Supplemental Agreement No. 6
to
Purchase Agreement No. 3256
between
THE BOEING COMPANY
and
Relating to Boeing Model 787-916/787-816 Aircraft
THIS SUPPLEMENTAL AGREEMENT, entered into as of May 27, 2016, (“Supplemental Agreement Number 6” or “SA-6”) by and between THE BOEING COMPANY, a Delaware corporation (Boeing), and LATAM Airlines Group S.A. (formerly having the legal name LAN Airlines S.A. and doing business as LAN Airlines), a Chilean corporation (Customer);
W I T N E S S E T H:
WHEREAS, the parties entered into Purchase Agreement No. 3256, dated as of October 29, 2007 relating to the purchase and sale of Boeing Model 787-916 and Model 787-816 Aircraft (the Purchase Agreement) as amended by Supplemental Agreements Xx. 0, 0, 0, 0 and 5;
WHEREAS, Customer and Boeing wish to document the conversion of four (4) Model 787-816 Aircraft to (4) Model 787-916 Aircraft; and
WHEREAS, Customer and Boeing wish to slide delivery of two (2) Model 787-916 Aircraft from 1 Q 2018 and 2Q 2018 to 3Q 2018 and 4Q 2018 respectively; and
[***]
AGREEMENT:
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
P.A. No. 3256
“[***]” This information is subject to confidential treatment and has been omitted and filed separately with the Commission. |
SA6-1 BOEING PROPRIETARY |
1. | Table of Contents. The Table of Contents of the Purchase Agreement is deleted in its entirety and is replaced by the new Table of Contents and is attached as Exhibit 1 to this SA-6. |
2. | Articles – N/A in this SA-6. |
3. | Tables |
3.1 Table 1-ROLLS 787-916 Rev 3 is deleted in its entirety and replaced by Table 1-ROLLS 787-916 Rev 4, which incorporates the four (4) additional 787-916 Aircraft.
3.2 Table 1-ROLLS 787-816 Rev 3 is deleted in its entirety as all four (4) 787-816 Aircraft have been converted to 787-916 Aircraft.
4. Exhibits and Supplemental Exhibits
4.1 N/A in this SA-6.
5. Letter Agreements
[***]
P.A. No. 3256
“[***]” This information is subject to confidential treatment and has been omitted and filed separately with the Commission. |
SA6-2 BOEING PROPRIETARY |
6. Miscellaneous
[***]
7. Confidential Treatment.
Boeing and Customer understand that the commercial and financial information contained in this Supplemental Agreement Number 6 is considered by the parties as confidential (Confidential Information) and both agree not to disclose such Confidential Information except as provided herein. In addition to the parties’ respective officers, directors and employees who need to know the Confidential Information and who understand the obligation to keep it confidential, the parties may disclose Confidential Information (1) to the extent required by law, including without limitation judicial order or by a requirement of a governmental agency and (2) to its agents, auditors and advisors who need to know the Confidential Information for purposes of enabling each party to understand, perform its obligations under, or receive the benefits of, this Supplemental Agreement Number 6 and who have agreed not to use or disclose the Confidential Information for any other purpose without the other party’s prior written consent. In the event that a party concludes that disclosure of Confidential Information contained in this Supplemental Agreement Number 6 is required by applicable law, the party will so advise the other party promptly in writing and endeavor to protect the confidentiality of such Confidential Information to the widest extent possible. In the event of a legal dispute with Boeing, nothing herein will preclude Customer from sharing with its legal counsel information necessary for purposes of enabling counsel to advise or represent Customer provided that so long as Customer causes its legal counsel to maintain the confidentiality of information that is the subject of this Article. Except as provided in the assignment provisions of Article 10 of the Special Matters Letter Agreement 6-1162-ILK-03 1 0R6, Customer will not disclose this Supplemental Agreement Number 6 for purposes of financing payments without the prior written consent of Boeing, which consent will be provided once the financier enters into a Non Disclosure Agreement with Boeing in form and substance reasonably satisfactory to Boeing, which will include agreeing not to disclose or use Confidential Information except for the purpose set forth herein. This provision shall not apply to any Confidential Information that is in the public domain except that a party will be liable to the other for breach of its obligations under this provision if the Confidential Information entered the public domain as a consequence of a wrongful act or omission on its part.
Unless the context otherwise requires, all capitalized terms used herein and not otherwise defined shall have the same meanings as in the Purchase Agreement. The Purchase
P.A. No. 3256
“[***]” This information is subject to confidential treatment and has been omitted and filed separately with the Commission. |
SA6-3 BOEING PROPRIETARY |
Agreement will be deemed to be amended to the extent provided herein and as so amended will continue in full force and effect. In the event of any inconsistency between the above provisions and the provisions contained in the referenced exhibits to this Supplemental Agreement Number 6, the terms of the exhibits will control.
This Supplemental Agreement will become effective upon execution and receipt by both Parties on or before May 31, 2016, and shall have no effect if executed after such date.
THE BOEING COMPANY | LATAM AIRLINES GROUP S.A. | |||||||
By: | /s/ Xxxxx Xxxxx |
By: | /s/ XXXXXX DEL XXXXX E. | |||||
Xxxxx Xxxxx | XXXXXX DEL XXXXX E. | |||||||
Its | Attorney-In-Fact |
Its: | Senior Vice president Corporate Finance | |||||
LATAM Airlines Group | ||||||||
By: | /s/ XXXXXXX XXXX | |||||||
XXXXXXX XXXX
| ||||||||
Its: | CEO International & Alliances | |||||||
LATAM AIRLINES GROUP |
P.A. No. 3256
|
SA6-4 BOEING PROPRIETARY |
TABLE OF CONTENTS | ||||
ARTICLES |
SA NUMBER | |||
1. |
Quantity, Model and Description | SA-1 | ||
2. |
Delivery Schedule | SA-1 | ||
3. |
Price | SA-1 | ||
4. |
Payment | SA-1 | ||
5. |
Miscellaneous | SA-1 | ||
TABLE |
||||
1-ROLLS |
787-916 Aircraft Information Table 1 Rev 4 | SA-6 | ||
1-GENX |
787-916 Aircraft Information Table 1 | |||
1-GENX |
787-816 Aircraft Information Table 1 | |||
Table 0 |
000-000 Aircraft Information Table 1 for 2011-2013 Aircraft Rev 1 | SA-4 | ||
Table 0 |
000-000 Aircraft Information Table 1 for Table 5 Aircraft | SA-3 | ||
Table 0 |
000-000 Aircraft Information Table 1 for Table 6 Aircraft | SA-3 | ||
EXHIBIT |
||||
A. |
787-916 Aircraft Configuration | SA-4 | ||
A. |
787-816 Aircraft Configuration | SA-3 | ||
B. |
Aircraft Delivery Requirements and Responsibilities |
TOC-1 BOEING PROPRIETARY |
SA-4 |
SUPPLEMENTAL EXHIBITS |
SA NUMBER | |||
AE1. | Escalation Adjustment/Airframe and Optional Features | |||
BFE1. | Buyer Furnished Equipment Variables | |||
BFE2. | Buyer Furnished Equipment Variables for Accelerated Aircraft | SA-1 & SA-2 Art. 6.2 | ||
CS1. | Customer Support Variables | |||
EEl.ROLLS | Engine Escalation and Engine Warranty | |||
EE1.GENx | Engine Escalation and Engine Warranty | |||
SLP1. | Service Life Policy Components |
LETTER AGREEMENTS |
||||
3256-01 | 787 Spare Parts Initial Provisioning | SA-1 & SA-2 (Art 7.1) | ||
3256-02 | Open Configuration Matters | SA-1& SA-2 (Art 7.2) | ||
3256-03 | 787 e-Enabling Letter Agreement | |||
3256-04 | 787 Spare Parts Commitment | |||
[***] |
“[***]” This information is subject to confidential treatment and has been omitted and filed separately with the Commission. |
TOC-2 BOEING PROPRIETARY |
SA-4 |
LETTER AGREEMENTS |
SA NUMBER | |||
6-1162-ILK-0317 | Option Aircraft | |||
6-1162-ILK-0318 |
Alternate Engine Selection |
SA1 & SA2 (Art 2) | ||
[***]
|
||||
6-1162-ILK-0327 | Performance Guarantees 787-916/-816 | SA-2 (Art7. 10) | ||
[***] | ||||
6-1167-MAG-0496 | Aircraft Performance Guarantees for 787-816 Table 6 Aircraft | SA-3 |
“[***]” This information is subject to confidential treatment and has been omitted and filed separately with the Commission. |
TOC-3 BOEING PROPRIETARY |
SA-4 |
[***]
“[***]” This information is subject to confidential treatment and has been omitted and filed separately with the Commission. |
TOC-4 BOEING PROPRIETARY |
SA-4 |
Table 1 Rev 4 to
XX-0
Xxxxxxxx Xxxxxxxxx Xx. XX-00000
787-916 Aircraft Delivery, Description, Price and Advance Payments
Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Escalation Factor (Engine) |
Manufacturer Serial Number |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): |
||||||||||||||||||||||
At Signing 1% |
24 Mos. 4% |
21/18/12/9/6 Mos. 5% |
Total 30% |
|||||||||||||||||||||||||
Aug-2015 |
1 | 1.308 | 1.205 | 38478 | $ | 247,743,000 | $ | 2,322,430 | $ | 9,909,720 | $ | 12,387,150 | $ | 74,322,900 | ||||||||||||||
Sep-2015 |
1 | 1.3112 | 1.2066 | 38479 | $ | 248,299,000 | $ | 2,327,990 | $ | 9,931,960 | $ | 12,414,950 | $ | 74,489,700 | ||||||||||||||
Dec-2015 |
1 | 1.3209 | 1.2139 | 38461 | $ | 250,048,000 | $ | 2,345,480 | $ | 10,001,920 | $ | 12,502,400 | $ | 75,014,400 | ||||||||||||||
Jan-2016 |
1 | 1.3242 | 1.2165 | 38459 | $ | 250,646,000 | $ | 2,351,460 | $ | 10,025,840 | $ | 12,532,300 | $ | 75,193,800 | ||||||||||||||
Mar-2016 |
1 | 1.3307 | 1.2214 | 38467 | $ | 251,818,000 | $ | 2,363,180 | $ | 10,072,720 | $ | 12,590,900 | $ | 75,545,400 | ||||||||||||||
May-2016 |
1 | 1.3373 | 1.2265 | 38474 | $ | 253,012,000 | $ | 2,375,120 | $ | 10,120,480 | $ | 12,650,600 | $ | 75,903,600 | ||||||||||||||
Jun-2016 |
1 | 1.3406 | 1.2289 | 38482 | $ | 253,605,000 | $ | 2,381,050 | $ | 10,144,200 | $ | 12,680,250 | $ | 76,081,300 | ||||||||||||||
Aug-2017 |
1 | 1.3876 | 1.2665 | 38468 | $ | 262,138,000 | $ | 2,466,380 | $ | 10,485,520 | $ | 13,106,900 | $ | 78,641,400 | ||||||||||||||
Aug-2018 |
2 | 1.4293 | 1.3038 | 38460. 38463 | $ | 269,812,000 | $ | 2,543,120 | $ | 10,792,480 | $ | 13,490,600 | $ | 80,943,000 | ||||||||||||||
Nov-2018 |
2 | 1.4399 | 1.3117 | 38462. 38465 | $ | 271,721,000 | $ | 2,562,210 | $ | 10,868,840 | $ | 13,586,050 | $ | 81,516,300 | ||||||||||||||
1Q 2019 |
1 | 1.4506 | 1.3224 | 38481 | $ | 273,720,000 | $ | 2,582,200 | $ | 10,948,800 | $ | 13,686,000 | $ | 82,116,000 | ||||||||||||||
2Q 2019 |
1 | 1.4613 | 1.3317 | 38483 | $ | 275,681,000 | $ | 2,601,810 | $ | 11,027,240 | $ | 13,784,050 | $ | 82,704,300 | ||||||||||||||
3Q 2019 |
1 | 1.4722 | 1.3405 | 38469 | $ | 277,663,000 | $ | 2,621,630 | $ | 11,106,520 | $ | 13,883,150 | $ | 83,298,900 |
LAN-PA-03256 XX-0 00000-0X.XXX |
Xxxxxx Proprietary | Page 1 |
Table 1 Rev 4 to
XX-0
Xxxxxxxx Xxxxxxxxx Xx. XX-00000
787-916 Aircraft Delivery, Description, Price and Advance Payments
Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Escalation Factor (Engine) |
Manufacturer Serial Number |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||||||||||||||
At Signing 1% |
24 Mos. 4% |
21/18/12/9/6 Mos. 5% |
Total 30% |
|||||||||||||||||||||||||||||||
4Q 2019 |
1 | 1.4831 | 1.3488 | 38470 | $ | 279,631,000 | $ | 2,641,310 | $ | 11,185,240 | $ | 13,981,550 | $ | 83,889,300 | ||||||||||||||||||||
Total: |
16 |
LAN-PA-03256 SA-6 71984-1F.TXT |
Boeing Proprietary | Page 2 |
Supplemental Agreement No. 7
to
Purchase Agreement No. 3256
between
THE BOEING COMPANY
and
Relating to Boeing Model 787-916/787-816 Aircraft
THIS SUPPLEMENTAL AGREEMENT, entered into as of 20th December, 2016, (“Supplemental Agreement Number 7” or “ SA-7”) by and between THE BOEING COMPANY, a Delaware corporation (Boeing), and LATAM Airlines Group S.A. (formerly having the legal name LAN Airlines S.A. and doing business as LAN Airlines), a Chilean corporation (Customer), amends Purchase Agreement No. 3256;
W I T N E S S E T H:
WHEREAS, the parties entered into Purchase Agreement No. 3256, dated as of October 29, 2007, and as amended from time to time, relating to the purchase and sale of Boeing Model 787-816 and Model 787-916 Aircraft (the “Purchase Agreement”);
WHEREAS, Customer and Boeing wish to revise delivery dates for four (4) Model 787-916 Aircraft, previously scheduled to deliver in 2018, to two (2) delivery dates in 2020 and two (2) delivery dates in 2021;
WHEREAS, Customer and Boeing wish to document the actual delivery month for two (2) Model 787-916 Aircraft 2019 shown in 1Q 2019 and 2Q 2019, as January 2019 and April 2019.
WHEREAS, Customer and Boeing wish to document Customer’s election to change to a Cabin Systems Equipment (CSE) procurement program for Inflight Entertainment (IFE).
AGREEMENT:
P.A. No. 3256 |
SA7-1 BOEING PROPRIETARY |
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
1. Table of Contents. The Table of Contents of the Purchase Agreement is deleted in its entirely and is replaced by the new Table of Contents (identified as SA-7). Such revised Table of Contents is, by this reference, incorporated in the Agreement.
2. Articles – N/A in this SA-7.
3. Tables Table 1-Rev 4 has been revised to reflect that four (4) Aircraft formerly scheduled to deliver in 2018 have been moved. A new Table 1-B has been created for these four (4) Aircraft moved from 2018 and shows the revised delivery dates in 2020 and 2021.
3.1 Table 1-Rev 4 for Model 787-916 Aircraft is deleted in its entirely and replaced by a new Table 1-A for Model 787-916 Aircraft. Such revised Table 1-A (identified by SA-7) is, by this reference, incorporated in the Agreement.
3.2 Table 1-B for Model 787-916 is hereby added to the Purchase Agreement by this reference. This new Table 1-B reflects the revised delivery dates for four (4) Aircraft that are now scheduled to deliver in 2020 and 2021.
4. Exhibits and Supplemental Exhibits
N/A in this SA-7.
5. Letter Agreements
5.1 Boeing has submitted to Customer a draft of Letter Agreement 6-1166-TLL-0548, “Cabin Systems Equipment” (CSE Letter Agreement). Customer and Boeing agree to continue discussion of the CSE Letter Agreement with the intent of executing this Letter Agreement no later than November 1, 2017.
[***]
P.A. No. 3256 “[***]” This information is subject to confidential treatment and has been omitted andfiled seperately with the comission. |
SA7-2 BOEING PROPRIETARY |
6. Miscellaneous.
[***]
7. Confidential Treatment.
Boeing and Customer understand that the commercial and financial information contained in this Supplemental Agreement is considered by the parties as confidential (Confidential Information) and both agree not to disclose such Confidential Information except as provided herein. In addition to the parties’ respective officers, directors and employees who need to know the Confidential Information and who understand the obligation to keep it confidential, the parties may disclose Confidential Information (1) to the extent required by law, including without limitation judicial order or by a requirement of a governmental agency and (2) to its agents, auditors and advisors who need to know the Confidential Information for purposes of enabling each party to understand, perform its obligations under, or receive the benefits of, this Supplemental Agreement and who have agreed not to use or disclose the Confidential Information for any other purpose
“[***]” This information is subject to confidential treatment and has been omitted andfiled seperately with the comission. |
SA7-3 BOEING PROPRIETARY |
without the other party’s prior written consent. In the event that a party concludes that disclosure of Confidential Information contained in this Supplemental Agreement is required by applicable law, the party will so advise the other party promptly in writing and endeavor to protect the confidentiality of such Confidential Information to the widest extent possible. In the event of a legal dispute with Boeing, nothing herein will preclude Customer from sharing with its legal counsel information necessary for purposes of enabling counsel to advise or represent Customer provided that so long as Customer causes its legal counsel to maintain the confidentiality of information that is the subject of this Article. Except as provided in the assignment provisions of Article 10 of the Special Matters Letter Agreement 6-1162-ILK-0310R6, Customer will not disclose this Supplemental Agreement for purposes of financing payments without the prior written consent of Boeing, which consent will be provided once the financier enters into a Non Disclosure Agreement with Boeing in form and substance reasonably satisfactory to Boeing, which will include agreeing not to disclose or use Confidential Information except for the purpose set forth herein. This provision shall not apply to any Confidential Information that is in the public domain except that a party will be liable to the other for breach of its obligations under this provision if the Confidential Information entered the public domain as a consequence of a wrongful act or omission on its part.
Unless the context otherwise requires, all capitalized terms used herein and not otherwise defined shall have the same meanings as in the Purchase Agreement. The Purchase Agreement will be deemed to be amended to the extent provided herein and as so amended will continue in full force and effect. In the event of any inconsistency between the above provisions and the provisions contained in the referenced exhibits to this Supplemental Agreement Number 7, the terms of the exhibits will control.
This Supplemental Agreement will become effective upon execution and receipt by both Parties.
P.A. No. 3256 |
SA7-4 BOEING PROPRIETARY |
THE BOEING COMPANY | LATAM AIRLINES GROUP S.A. | |||||
By: | /s/ Xxxx X.X. Xxxx |
By: | /s/ XXXX XXXXX | |||
Xxxx X. X. Xxxx | XXXX XXXXX | |||||
Its | Attorney-In-Fact |
Its: | XX Xxxxx LATAM | |||
By: | /S/ Xxxxxxx Xxxx | |||||
Its: | Xxxxxxx Xxxx |
P.A. No. 3256 |
SA7-5 BOEING PROPRIETARY |
TABLE OF CONTENTS
ARTICLES |
SA NUMBER | |||
1. |
Quantity, Model and Description |
SA-1 | ||
2. |
Delivery Schedule |
SA-1 | ||
3. |
Price |
SA-1 | ||
4. |
Payment |
SA-1 | ||
5. |
Miscellaneous |
SA-1 | ||
TABLE |
||||
1-ROLLS | 787-916 Aircraft Information Table 1-A | SA-7 | ||
1-ROLLS | 787-916 Aircraft Information Table 1-B | SA-7 | ||
Table 0 | 000-000 Aircraft Information Table 1 for 2011-2013 Aircraft Rev | ISA-4 | ||
Table 0 | 000-000 Aircraft Information Table 1 for Table 5 Aircraft | SA-3 | ||
Table 0 | 000-000 Aircraft Information Table 1 for Table 6 Aircraft | SA-3 | ||
EXHIBIT |
||||
A. | 787-916 Aircraft Configuration | SA-4 | ||
A. | 787-816 Aircraft Configuration | SA-3 | ||
B. | Aircraft Delivery Requirements and Responsibilities |
TOC -1 BOEING PROPRIETARY |
SA-7 |
SUPPLEMENTAL EXHIBITS |
SA NUMBER | |||
AE1. |
Escalation Adjustment/Airframe and Optional Features | |||
BFE1. |
Buyer Furnished Equipment Variables | |||
BFE2. |
Buyer Furnished Equipment Variables for Accelerated Aircraft |
SA-1 & SA-2 Art. 6.2 | ||
CS1. |
Customer Support Variables | |||
EE1.ROLLS |
Engine Escalation and Engine Warranty | |||
EE1.GENx |
Engine Escalation and Engine Warranty | |||
SLP1. |
Service Life Policy Components | |||
LETTER AGREEMENTS. |
||||
3256-01 |
787 Spare Parts Initial Provisioning | SA-1 & SA-2 (Art 7.1) | ||
3256-02 |
Open Configuration Matters | SA-1 & SA-2 (Art 7.2) | ||
3256-03 |
787 e-Enabling Letter Agreement | |||
3256-04 |
787 Spare Parts Commitment [***] |
“[***]” This information is subject to confidential treatment and has been omitted and filed separately with the Commission. |
LETTER AGREEMENTS |
SA NUMBER |
|||||
6-1162-ILK-0317 | Option Aircraft | |||||
6-1162-ILK-0318 | Alternate Engine Selection | SA1 &SA2 | ||||
[***] | (Art 2) | |||||
6-1162-ILK-0327 |
Performance Guarantees 787-916/-816 | SA-2 (Art7.10) | ||||
[***] | ||||||
6-1167-MAG-0496 |
Aircraft Performance Guarantees for 787-816 Table 6 Aircraft |
SA-3 | ||||
[***] |
“[***]” This information is subject to confidential treatment and has been omitted and filed separately with the Commission. |
TOC-3 BOEING PROPRIETARY |
SA-7 |
[***] |
“[***]” This information is subject to confidential treatment and has been omitted and filed separately with the Commission. |
TOC-4 BOEING PROPRIETARY |
SA-7 |
Table 1-A
to Purchase Agreement No. 3256
Aircraft Delivery, Description, Price and Advance Payments
Boeing Model 787-916 Aircraft
Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Escalation Factor (Engine) |
Manufacturer Serial Number |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||||||||
At Signing 1% |
24 Mos. 4% |
21/18/12/9/6 Mos. 5% |
Total 30% |
|||||||||||||||||||||||||
Aug-2015 |
1 | 1.3080 | 1.205 | 38478 | $ | 247,743,000 | $ | 2,322,430 | $ | 9,909,720 | $ | 12,387,150 | $ | 74,322,900 | ||||||||||||||
Sep-2015 |
1 | 1.3112 | 1.2066 | 38479 | $ | 248,299,000 | $ | 2,327,990 | $ | 9,931,960 | $ | 12,414,950 | $ | 74,489,700 | ||||||||||||||
Dec-2015 |
1 | 1.3209 | 1.2139 | 38461 | $ | 250,048.000 | $ | 2,345,480 | $ | 10,001,920 | $ | 12,502,400 | $ | 75,014,400 | ||||||||||||||
Jan-2016 |
1 | 1.3242 | 1.2165 | 38459 | $ | 250,646,000 | $ | 2,351,460 | $ | 10,025,840 | $ | 12,532,300 | $ | 75,193,800 | ||||||||||||||
Mar-2016 |
1 | 1.3307 | 1.2214 | 38467 | $ | 251,818,000 | $ | 2,363,180 | $ | 10,072,720 | $ | 12,590,900 | $ | 75,545,400 | ||||||||||||||
May-2016 |
1 | 1.3373 | 1.2265 | 38474 | $ | 253,012,000 | $ | 2,375,120 | $ | 10,120,480 | $ | 12,650,600 | $ | 75,903,600 | ||||||||||||||
Jun-2016 |
1 | 1.3406 | 1.2289 | 38482 | $ | 253,605,000 | $ | 2,381,050 | $ | 10,144,200 | $ | 12,680,250 | $ | 76,081,500 | ||||||||||||||
Aug-2017 |
1 | 1.3876 | 1.2665 | 38468 | $ | 262,138,000 | $ | 2,466,380 | $ | 10,485,520 | $ | 13,106,900 | $ | 78,641,400 | ||||||||||||||
Jan-2019 |
1 | 1.4470 | 1.3189 | 38481 | $ | 273,050,000 | $ | 2,575,500 | $ | 10,922,000 | $ | 13,652,500 | $ | 81,915,000 | ||||||||||||||
Apr-2019 |
1 | 1.4577 | 1.3285 | 38483 | $ | 275,020,000 | $ | 2,595,200 | $ | 11,000,800 | $ | 13,751,000 | $ | 82,506,000 | ||||||||||||||
3Q 2019 * |
1 | 1.4722 | 1.3405 | 38469 | $ | 277,663,000 | $ | 2,621,630 | $ | 11,106,520 | $ | 13,883,150 | $ | 83,298,900 | ||||||||||||||
4Q 2019 * |
1 | 1.4831 | 1.3488 | 38470 | $ | 279,631,000 | $ | 2,641,310 | $ | 11,185,240 | $ | 13,981,550 | $ | 83,889,300 | ||||||||||||||
To3tal: |
12 |
* | Indicative pricing for midmonth of the quarter. |
LAN PA No 3256 SA-7 71984-1F.TXT |
Boeing Proprietary |
Page 1 |
Table 1-B
to Purchase Agreement No. 3256
Aircraft Delivery, Description, Price and Advance Payments
Boeing Model 787-916 Aircraft
Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Escalation Factor (Engine) |
|
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||||||||
At Signing 1% |
24 Mos. 4% |
21/18/12/9/6 Mos. 5% |
Total 30% |
|||||||||||||||||||||||||
2Q 2020 * |
1 | 1.5052 | 1.3677 | $ | 283,674,000 | $ | 2,681,740 | $ | 11,346,960 | $ | 14,183,700 | $ | 85,102,200 | |||||||||||||||
3Q 2020* |
1 | 1.5163 | 1.3763 | $ | 285,682,000 | $ | 2,701,820 | $ | 11,427,280 | $ | 14,284,100 | $ | 85,704,600 | |||||||||||||||
2Q 2021 * |
1 | 1.5503 | 1.4033 | $ | 291,850,000 | $ | 2,763,500 | $ | 11,674,000 | $ | 14,592,500 | $ | 87,555,000 | |||||||||||||||
3Q 2021* |
1 | 1.5618 | 1.4114 | $ | 293,909,000 | $ | 2,784,090 | $ | 11,756,360 | $ | 14,695,450 | $ | 88,172,700 | |||||||||||||||
Total: |
4 |
* | Indicative pricing for midmonth of the quarter. |
LAN PA No 3256 SA-7 96057-1F.TXT |
Boeing Proprietary |
Page 1 |