Supplemental Agreement No. 17, dated as of January 31, 2022, to Purchase Agreement No. 3219 between American Airlines, Inc., and The Boeing Company

Contract Categories: Business Finance - Purchase Agreements
EX-10.1 2 ex101q122supplementalagree.htm EX-10.1 Document
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
AMERICAN AIRLINES, INC.

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 COMPANYAMERICAN AIRLINES, INC.
/s/ The Boeing Company/s/ American Airlines, Inc.
SignatureSignature
The Boeing CompanyAmerican Airlines, Inc.
Printed namePrinted name
Attorney-in-FactVP, Treasurer
TitleTitle

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) 787-8 Aircraft, yielding Twenty (20) 787-8 Aircraft)
SA-5
4
WITHDRAWN
SA-6
5(R2)
                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
SA-17
SA-16
SA-17


EXHIBIT

A(R3).
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
SA-2
EE2.
[***]
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
SA-3
3219-06R1
Spare 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
SA-2
SA-3
6-1162-CLO-1032R1
[***]
Terminated
SA-3
6-1162-CLO-1039
[***]
6-1162-CLO-1042
[***]
6-1162-CLO-1043R1
787 Inspection Process
SA-3
6-1162-CLO-1045R1
[***]
SA-2
6-1162-CLO-1046
SA-eE, 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
SA-11

Attachment A(R2) – 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 SupplementSA-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
SA-3
6-1162-TRW-0670R1
Miscellaneous Commitments for Model 787 AircraftSA-3
6-1162-TRW-0671
[***]
WITHDRAWN
SA-3
6-1162-TRW-0672R1
Promotional Support Agreement
SA-3
6-1162-TRW-0673R1
Confidentiality
SA-3
6-1162-TRW-0674R4
Business Considerations
SA-11
AAL-PA-3219-LA-08836R2
[***]
SA-11
AAL-PA-3219-LA-08837R1
[***]
SA-6
AAL-PA-3219-LA-08838
[***]
SA-3
AAL-LA-1106678
[***]
SA-3
AAL-PA-3219-LA-1302236R2
[***]
SA-13
AAL-PA-3219-LA-1604503R1
[***]
SA-8
AAL-PA-03219-LA-1701988
[***]
SA-10
AAL-PA-03219_LA-1804779
[***]
SA-11
AAL-PA-03219-LA-1802262R1
[***]
SA-12
AAL-PA-03219-LA-1802492
AAL-PA-3219-LA ###-###-####
AAL-PA ###-###-####
AAL-LA ###-###-####
Open Configuration Matters
[***]
[***]
[***]
SA-11
SA-15
SA-16
SA-16
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 787-9 QADP Rights
SA-11
Attachment 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[***] poundsDetail Specification:
[***]
2Q21 External Fcst
Engine Model/Thrust:GENX-1B74/75[***] poundsAirframe 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): 
 
DeliveryNumber ofFactor
Factor
 Adv Payment BaseAt Signing[***][***]Total
DateAircraft(Airframe)
(Engine)
 Price Per A/P[***][***][***][***]
[***]-20241[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20241[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20242[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20242[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20241[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20252[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20252[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20252[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]


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):
 
DeliveryNumber ofFactor
Factor
 Adv Payment BaseAt Signing[***]
[***].
Total
DateAircraft(Airframe)
(Engine)
 Price Per A/P[***][***][***][***]
[***]-20252[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20251[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20261[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20261[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20261[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20261[***][***] 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20271[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20271[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20272[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]y-20271[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
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[***] poundsDetail Specification:
[***]
2Q21 External Fcst
Engine Model/Thrust:GENX-1B74/75[***]0 poundsAirframe 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): 
 
DeliveryNumber ofFactor
Factor
 Adv Payment BaseAt Signing[***][***]Total
DateAircraft(Airframe)
(Engine)
 Price Per A/P[***][***][***][***]
[***]-20231[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20232[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20231[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20241[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
[***]-20231[***]
[***]
 
$[***]
$[***]
$[***]
$[***]
$[***]
Total:5

Note: [***]
[***]
Note: [***]

AAL-PA-03219 118038-1F.txt    BOEING PROPRIETARY    SA-17 Table 7(R1)
        Page 1