AMENDMENT NO. 11

EX-10.11 14 dex1011.htm AMENDMENT NO.11 Amendment No.11

Exhibit 10.11

 

AMENDMENT NO. 11

 

THIS AMENDMENT NO. 11 dated July 3, 2003, is made by and between MCDONNELL DOUGLAS CORPORATION a wholly owned subsidiary of THE BOEING COMPANY (Seller), having an office in the City of Long Beach, State of California, and AIRTRAN AIRWAYS, INC. (Buyer), having its executive offices in the City of Orlando, State of Florida.

 

WITNESSETH:

 

In consideration of the mutual covenants herein, Buyer and Seller agree to amend Purchase Agreement DAC 95-40-D dated December 6, 1995, as amended by Amendment No. 10 dated November 14, 2002, as follows:

 

1. Seller and Buyer have agreed to cancel the six (6) Option Aircraft, further described in Amendment No. 5 to Letter Agreement No. 1 to Purchase Agreement DAC 95-40-D as Option Aircraft Numbers 23 through 28 with scheduled months of delivery of July 2005, August 2005, September 2005, April 2005, May 2005, and June 2005, respectively. Seller has agreed to sell and Buyer has agreed to purchase six (6) aircraft to be delivered in May, August, October and November 2004, and January and March 2005, respectively. The six Aircraft will be delivered to Buyer in the configuration as shown in Exhibit A1. The Purchase Agreement is amended and supplemented as follows:

 

  1.1. Aircraft Description. Seller will manufacture and sell to Buyer, and Buyer will purchase from Seller, the Aircraft described as Buyer’s Aircraft Nos. 61 through 66 in Paragraph 1 of Section C of Article 6 of the Purchase Agreement (the Delivery Schedule), attached hereto and made a part hereof.

 

  1.2. Price. The Aircraft Basic Price for the Aircraft as set forth in the Purchase Agreement shall be increased by an amount of $83,400 for incorporation of the following features;

 

Feature


  

Title


   Price (1995$ STE)

G3131S013

   Incorporation of Flight Data Recorder with 88 Parameter Recording Capability    $ 61,800

G5254S001A

   Installation of a Flight Compartment Entrance Door with Enhanced Security Capabilities    $ 14,200

G5254S004

   Installation of an Electronic Access System on the Enhanced Cockpit Door    $ 7,400

 

  1.3 The Advance Payment Base Price for the Aircraft is as set forth in the Purchase Agreement.

 

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2. Article 2., entitled SUBJECT MATTER OF SALE, is hereby amended to delete paragraphs A. and C. in their entirety and the following is inserted in lieu thereof to add the six (6) Aircraft.

 

“A. Seller shall manufacture, sell and deliver to Buyer, and Buyer shall purchase from Seller, under the terms and subject to the conditions set forth in this Agreement, fifty-seven Model 95-30 aircraft conforming to the Detail Specification which consists of DS9530A dated 05 January 1995 as amended by the SCN’s set forth in Exhibits A1 and A2 hereto and as may be further modified in accordance with the provisions of the article entitled DETAIL SPECIFICATION CHANGES.

 

B. During the manufacture of the Aircraft by Seller, Buyer shall be required to provide information concerning the configuration of the Aircraft, including, but not limited to, interior arrangement, special features, and the selection of materials and colors. Seller shall provide Buyer reasonable notice relative to the dates when such information is required and Buyer shall provide such information by the dates so specified. In the event Buyer fails to perform in accordance with the dates provided by Seller, Seller shall have the same rights as those specified in paragraph F. of the article entitled BUYER FURNISHED OR DESIGNATED EQUIPMENT.

 

C. In the event of any conflict or inconsistency between any provisions of this Agreement (excluding Exhibit A and Exhibits A1 and A2 hereto) and the Detail Specification, the provisions of this Agreement shall apply.”

 

3. Delivery Schedule. Article 6., entitled DELIVERY, is hereby amended to delete paragraph C.1. Delivery in its entirety and the following is inserted in lieu thereof to add aircraft numbers 61 through 66 with delivery months of May, August, October and November, 2004, and January and March 2005, respectively.

 

“C. Delivery

 

  1. On the first business day after technical acceptance pursuant to paragraph B.3. or B.4. above, but no earlier than the later of the issuance of an FAA Certificate of Airworthiness for the Aircraft or the first business day of the scheduled month of delivery, Buyer shall accept delivery of the Aircraft by endorsement of Section B of a Certificate of Technical Acceptance and Delivery for such Aircraft. Delivery shall be made at Long Beach, California, or any other location mutually agreed by Buyer and Seller. The scheduled months of delivery of the Aircraft are as follows:

 

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Buyer’s Aircraft
Number


  

Delivery Month


   Configuration
Exhibit


1

   Sep 1999    A1

2

   Sep 1999    A1

3

   Oct 1999    A1

4

   Oct 1999    A1

5

   Nov 1999    A1

6

   Nov 1999    A1

7

   Dec 1999    A1

8

   Dec 1999    A1

9

   Jan 2000    A1

10

   Mar 2000    A1

11

   May 2000    A1

12

   Jul 2000    A1

13

   Sep 2000    A1

14

   Oct 2000    A1

15

   Nov 2000    A1

16

   Dec 2000    A1

17

   Jan 2001    A1

18

   Feb 2001    A1

19

   Mar 2001    A1

20

   Apr 2001    A1

21

   May 2001    A1

22

   Jun 2001    A1

23

   Jul 2001    A1

24

   Aug 2001    A1

25

   Sep 2001    A1

26

   Oct 2001    A1

27

   Nov 2001    A1

51

   Dec 2001    A1

28

   Dec 2001    A1

52

   Dec 2001    A1

29

   Jan 2002    A1

30

   Feb 2002    A1

31

   Mar 2002    A1

54

   Apr 2002    A2

32

   May 2002    A1

55

   May 2002    A2

56

   Jun 2002    A2

57

   Jun 2002    A2

33

   Jul 2002    A1

37

   Jul 2002    A2

58

   Aug 2002    A2

59

   Aug 2002    A2

 

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Buyer’s Aircraft
Number


  

Delivery Month


   Configuration
Exhibit


34

   Sep 2002    A1

35

   Oct 2002    A1

36

   Oct 2002    A2

60

   Oct 2002    A2

38

   Nov 2002    A2

40

   Nov 2002    A1

39

   Dec 2002    A2

41

   Dec 2002    A1

53

   Jan 2003    A1

61

   May 2004    A1

62

   Aug 2004    A1

63

   Oct 2004    A1

64

   Nov 2004    A1

65

   Jan 2005    A1

66

   Mar 2005    A1

 

3. Payment. Buyer will make Advance Payments to Seller in the amount of ***% of the Advance Payment Base Price of each Aircraft.

 

3.1 These payments begin with a payment of ***% due on the date of this Agreement for each Aircraft. Additional payments for each Aircraft are due on the first business day of the months and in the amounts listed in Paragraph 2. Progress Payment Schedule One of Letter Agreement No. 36 to the Purchase Agreement.

 

3.2 Since the Aircraft described on the attached Delivery Schedule have a scheduled delivery month less than twenty-four (24) months from the date of this Agreement, the total amount of Advance Payments due upon the date of this Agreement will include all Advance Payments that are or were due on or before such date in accordance with Progress Payment Schedule One of Letter Agreement No. 36.

 

4. All of the terms of the Agreement shall remain in full force and effect, except as herein expressly changed, modified or supplemented, or except insofar as the terms thereof have been completed, performed or complied with prior to the date hereof.


*** Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.

 

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For convenience only, insert pages reflecting the affects of this Amendment are attached hereto. In the event of any conflict between the Agreement and the insert pages attached, the terms and conditions of this Amendment shall prevail.

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 11 to be executed as of the date first above written by their officers or agents thereunto duly authorized.

 

AGREED AND ACCEPTED:

AIRTRAN AIRWAYS, INC.

Signature: /s/ Richard P. Magurno

Printed Name: Richard P. Magurno

Title: Sr. V.P.

MCDONNELL DOUGLAS CORPORATION

a wholly owned subsidiary of

THE BOEING COMPANY

Signature: /s/ Scott S. Massey

Printed Name: Scott S. Massey

Title: Attorney-in-fact

 

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