Supplemental Agreement No. 22, dated as of January 31, 2022, to Purchase Agreement No. 03735 dated as of February 1, 2013, between American Airlines, Inc. and The Boeing Company

Contract Categories: Business Finance - Purchase Agreements
EX-10.3 4 ex103q122supplementalagree.htm EX-10.3 Document
Exhibit 10.3
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. 22

to

PURCHASE AGREEMENT NO. 03735

between
    
THE BOEING COMPANY

and

AMERICAN AIRLINES, INC.

Relating to Boeing Model 737 MAX Aircraft

This SUPPLEMENTAL AGREEMENT No. 22 (SA-22) To PURCHASE AGREEMENT NO. 03735, entered into as of January _31__, 2022 (Effective Date), by and 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. 03735 dated February 1, 2013 relating to Boeing Model 737 MAX Aircraft, as amended and supplemented (Purchase Agreement) and capitalized terms used herein without definitions shall have the meanings specified therefore in such Purchase Agreement;

    WHEREAS, [****] to the [****] Aircraft that Customer had previously [****] as set forth in Table 1R12, 1-2, 1-3R6, and 1-4 to the Purchase Agreement, Customer [****] with the execution of this SA-22, [****] in Attachment A(R4) to Letter Agreement No. AAL-PA-03735-LA-1106651R4 entitled “[****]” ([****] Letter Agreement) with [****] as shown in the table below, pursuant to the terms and conditions of the [****] Letter Agreement:

[****][****]
[****][****]
[****][****]
[****][****]
[****][****]
[****][****]
[****][****]
[****][****]
[****][****]
[****][****]

PA 03735    SA-22, Page 1
BOEING PROPRIETARY


     WHEREAS, Boeing [****] to [****] Customer the [****] model 737-8 aircraft as [****] with [****] in [****] based on the same terms and conditions as specified in the [****] Letter Agreement;

WHEREAS, Boeing and Customer agree to [****] Letter Agreement No. AAL-PA-03735-LA-1106650R5 entitled “[****]” to [****] with[****]; and

WHEREAS, Boeing and Customer agree to [****] Attachments A and B to Letter Agreement No. AAL-PA-03735-LA-1106652 entitled “[****]” to [****].

NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties agree that the Purchase Agreement is amended and supplemented as set forth below and otherwise agree as follows:

1.Table of Contents.
The “Table Of Contents” to the Purchase Agreement referencing SA-21 in the footer is deleted in its entirety and is replaced with the new “Table Of Contents” (attached hereto) referencing SA-22 in the footer to reflect changes made to the Purchase Agreement by this SA-22. Such new Table of Contents is hereby incorporated into the Purchase Agreement in replacement of its predecessor.
2.Tables.
2.1    Table 1-4. Table 1-4 entitled “737-8 [****] Aircraft Delivery, Description, Price and Advance Payments” is hereby deleted in its entirety and replaced with Table 1-4R1 entitled “737-8 [****] Aircraft Delivery, Description, Price and Advance Payments” (attached hereto) referencing SA-22 in the footer is hereby incorporated into the Purchase Agreement in replacement of Table 1-4. For avoidance of doubt, the only difference between Table 1-4 and Table 1-4R1 is the [****] in the Purchase Agreement, resulting in Table 1-4(R1).
3. Letter Agreements.
3.1    Letter Agreement No. AAL-PA-03735-LA-1106650R5 entitled [****] is hereby deleted in its entirety and replaced with Letter Agreement No. AAL-PA-03735-LA-1106650R6 entitled [****] (attached hereto) ([****]) referencing SA-22 in the footer. The [****] is hereby incorporated into the Purchase Agreement.
3.2    Letter Agreement No. AAL-PA-03735-LA-1106651R4 (including Attachment A(R4) entitled [****] is hereby deleted in its entirety and replaced with Letter Agreement No. AAL-PA-03735-LA-1106651R5 (including Attachment A(R5) (attached hereto) entitled [****] ([****]) referencing SA-22 in the footer. The [****] is hereby incorporated into the Purchase Agreement.

3.3    Letter Agreement No. AAL-PA-03735-LA-1106652 (including Attachment A and B) entitled [****] is hereby deleted in its entirety and replaced with Letter Agreement No. AAL-PA-03735-LA-1106652R1 (including Attachment AR1 and BR1) (attached hereto) entitled [****] ([****]) referencing SA-22 in the footer. The [****] is hereby incorporated into the Purchase Agreement.

4.[****].
4.1    [****] for the [****], and[****] for the [****] 737-8 [****] ([****]) are [****] per Section 6 of the [****] and as specified in the [****], as summarized below:
4.1.1    With respect to each [****], the [****] of this SA-22 is [****] specified in Table 1-4R1 to the Purchase Agreement for the respective [****].

PA 03735    SA-22, Page 2
    
BOEING PROPRIETARY


4.1.2    With respect to [****], [****] in the [****] ([****]) per [****] of this SA-22 as specified in [****].

4.2    Boeing [****] (as defined in that certain Letter Agreement No. AAL-LA ###-###-#### entitled “[****]” (the [****] Letter) in the [****] ([****]) (the [****]). Boeing [****] ([****]) [****] of this SA-22 as described in paragraph 4.1 above from the [****]. This will [****] ([****]). Boeing [****], [****], [****] which the terms of the Purchase Agreement are applicable.
5.Miscellaneous.
5.1     The Purchase Agreement is amended and supplemented as set forth above by the revised Table Of Contents, Table 1-4(R1), the [****], the [****], and the [****]. All other terms and conditions of the Purchase Agreement remain unchanged and are in full force and effect.
5.2    References in the Purchase Agreement and any supplemental agreements and associated letter agreements to “Table 1” or “Table 1R2” or “Table 1R3”, or “Table1R4 and Table 1-2” or “Table 1(R4) and Table 1-2”, “Table 1R5 and Table 1-2”, “Table 1R6, Table 1-2, and Table 1-3”, “Table 1R7, Table 1-2, and Table 1-3R1”,“Table 1R8, Table 1-2, and Table 1-3R2”, “Table 1R9, Table 1-2, and Table 1-3R3”, “Table 1R10, Table 1-2, and Table 1-3R4”, “Table 1R11, Table 1-2, and Table 1-3R5”, “Table 1R12, Table 1-2 and Table 1-3R6”, “Table 1R12, Table 1-2, Table 1-3R6, and Table 1-4” are deemed to refer to “Table 1R12, Table 1-2, Table 1-3R6, and Table 1-4R1”.

References in the Purchase Agreement and any supplemental agreements and associated letter agreements to “Table 1R4” or “Table 1R5” (where no corresponding reference to Table 1-2 is made) are deemed to refer to “Table 1R12 and Table 1-3R6”, (including without limitation, and for the avoidance of doubt, the references to Table 1R4 in Section 3 of Supplemental Agreement No. 9 dated April 6, 2018). However, references in the Purchase Agreement to Table 1R5 in Letter Agreement AAL-PA-LA-1106650R4 entitled “[****]” is deemed to only refer to Table 1R12 and the references to Table 1R5 in the [****] Letter Agreement remain references to Table 1R5.

References in the Purchase Agreement and any supplemental agreements and associated letter agreements to “Table 1R6”, “Table 1R7”, “Table 1R8”, “Table 1R9”, “Table 1R10” or “Table 1R11” (where no corresponding reference to either Table 1-2 or Table 1-3 is made) are deemed to refer to only “Table 1R12”.
Additionally, for the avoidance of doubt, references in the Purchase Agreement and any supplemental agreements and associated letter agreements to “Table 1-2” (where no corresponding reference to Table 1R4 or Table 1R5 is made) remain references to “Table 1-2”.











PA 03735    SA-22, Page 3
    
BOEING PROPRIETARY


5.3    References in the Purchase Agreement and any supplemental agreements and associated letter agreements to the tables, exhibits, supplemental exhibits and letter agreements listed in the left column of the below table shall be deemed to refer to the corresponding revised versions of the tables, exhibits, supplemental exhibits and letter agreements listed in the right column of the below table.

ReferenceReplacement Reference
Letter Agreement No. AAL-PA-03735-LA-1106650R5Letter Agreement No. AAL-PA-03735-LA-1106650R6
Letter Agreement No. AAL-PA-03735-LA-1106651R4Letter Agreement No. AAL-PA-03735-LA-1106651R5
Letter Agreement No. AAL-PA-03735-LA-1106652Letter Agreement No. AAL-PA-03735-LA-1106652R1


Intentionally Left Blank

PA 03735    SA-22, Page 4
    
BOEING PROPRIETARY




AGREED AND ACCEPTED this
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 03735
SA-22    
BOEING PROPRIETARY





TABLE OF CONTENTS
ARTICLES
SA
NUMBER
Article 1.
Quantity, Model and Description
Article 2.
Delivery Schedule
Article 3.
Price
Article 4.
Payment
Article 5.
Additional Terms
Article 6.
Confidentiality
TABLE
1R12
1-2
1-3R6

1-4R1
Aircraft Information Table
Revised Delivery Aircraft Information Table
[****] Aircraft Delivery, Description, Price, and Advance Payments
737-8 [****] Aircraft Delivery, Description, Price, and Advance Payments
19
9
19

22
EXHIBITS
AR1
A2
Aircraft Configuration
Revised Delivery Aircraft Configuration
6
9
B.
Aircraft Delivery Requirements and Responsibilities
C.
Definitions
SUPPLEMENTAL EXHIBITS
AE1.
[****]
BFE1.
BFE Variables
CS1R1.
Customer Support Variables4
EE1.
[****]
SLP1.
[****]
LETTER AGREEMENTS
LA-1106648R1Special Matters6
LA-1106649[****]
LA-1106650R6
[****]22
LA-1106651R5[****]22
LA-1106652R1Aircraft Model Substitution22
LA-1106654AGTA Terms Revisions for MAX
LA-1106655
Open Matters – 737 MAX Withdrawn
6
LA-1106656R1Most Favored Customer – 737 MAX1
LA-1106657R1[****]2
LA-1106663 R1[****]2
LA-1106664 R1[****]2
LA-1106658[****]
LA-1106659R3[****]21
PA-03735    TABLE OF CONTENTS, Page 1 of 2    SA-22
BOEING PROPRIETARY

TABLE OF CONTENTS, continued
LA-1106660Spare Parts Initial Provisioning
LETTER AGREEMENTS, continued
SA
NUMBER
LA-1106661R2[****]2
LA-1106667[****]
LA-1106668R1[****]8
LA-1106669[****]
LA-1106670Confidentiality
LA-1106671R1Miscellaneous Commitments1
LA-1106672Extended Warranty Option
LA-1106673R1*[****]4
LA-1106677Optional Features Comfort Letter
LA-1600073[****]4
LA-1600852     [****]                                 5
LA-1603773 [****]                         5
LA-1605402 [****]                                 6
LA-1700919     [****]                                     7
LA-1801206     [****]                             9
LA ###-###-#### [****]                                 11
LA ###-###-#### [****]                                 11
LA ###-###-####     [****]                                     11
LA ###-###-####     [****]                                     14

* - This is an intended gap as there are no Letter Agreements LA-1106674 through LA-1106676 incorporated by the Purchase Agreement.



PA-03735    TABLE OF CONTENTS, Page 2 of 2    SA-22
BOEING PROPRIETARY

Table 1-4R1 To
Purchase Agreement No. PA-03735
737-8 [****] Aircraft Delivery, Description, Price and Advance Payments

Airframe Model/MTOW:737-8[****] poundsDetail Specification:[****]
Engine Model/Thrust:CFMLEAP-1B25[****] 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):$[****]Base Year Index (CPI):[****]
Buyer Furnished Equipment (BFE) Estimate:$[****]
Seller Purchased Equipment (SPE) Estimate:$[****]
LIFT Seats Provided by Boeing (Estimate):$[****]
Deposit per Aircraft:$[****]
  Escalation  Escalation EstimateAdvance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
DeliveryNumber ofFactor Nominal DeliveryAdv Payment BaseAt Signing[****][****]Total
DateAircraft(Airframe) MonthPrice Per A/P[****][****][****][****]
[****]-20234[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20234[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20232[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20232[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20231[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20232[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20242[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20251[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20301[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20312[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20322[****]  $[****]$[****]$[****]$[****]$[****]
Total:23
AAL-PA-03735 118070-1F.txt     SA-22
    Page 1
BOEING PROPRIETARY

                    
The Boeing Company
P.O. Box 3707
Seattle, WA 98124-2207

AL-PA-03735-LA-1106650R6
American Airlines, Inc.
P.O. Box 619616
Dallas-Fort Worth Airport, Texas ###-###-####

Subject:    [****]

Reference:    Purchase Agreement No. 03735 (Purchase Agreement) between The Boeing Company (Boeing) and American Airlines, Inc. (Customer) relating to Model 737 MAX aircraft (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.
The Purchase Agreement incorporates the terms and conditions of the AGTA. This Letter Agreement modifies certain terms and conditions of the AGTA and the Purchase Agreement with respect to the Aircraft.
1.[****]
[****]:

[****][****][****]
[****][****][****]
[****][****][****]
[****][****][****]
[****][****][****]
[****][****][****]
2.[****].
    [****]
AAL-PA-03735-LA-1106650R6    SA-22
[****]    LA Page 1 of 6
BOEING PROPRIETARY

                    
3.[****].
3.1[****]
3.1.1[****]
3.2For the avoidance of doubt, the [****] shall apply;
3.2.1For Aircraft in Table 1R12, the [****];
3.2.2For Aircraft in Table 1-2, the [****];
3.2.3For Aircraft in Table 1-3R6, the [****];
3.2.4    For Aircraft in Table 1-4R1 and [****], the [****].
4.[****].
4.1Notwithstanding anything in Sections 1 through 3 above or the [****], Customer will [****] for the [****] of Supplemental Agreement No. 9, and [****]. The 2nd [****]. All [****].
4.2Notwithstanding anything to the contrary in this Letter Agreement, [****].

5.[****].
5.1[****], as defined in Letter Agreement AAL-PA-03735-LA ###-###-####, [****] ([****] Letter), and notwithstanding anything in Sections 1 through 3 above, or the [****] ([****]), Customer will [****] as follows:
    5.1.2    Boeing acknowledges that Customer has previously [****] and Boeing will [****] (the [****]) per [****] as defined in the following table in accordance with and subject to the terms and conditions of the Purchase Agreement:

[****][****]
[****] (Per Attachment A)[****]
[****] (Per Attachment A)
[****]
5.2 For each [****] for which the [****] (as defined in the [****]) was [****], Customer will [****] a [****] to Boeing, at [****] ([****]) [****] to the [****] (as set forth in Attachment A), in the [****] of the [****] between [****] of the [****] ([****]) and the [****] Aircraft.
5.2.1 The [****] for each of the [****] Aircraft for which the applicable [****] was [****] will be based on the [****] (as defined in the [****]).
5.2.2 [****] will be [****] and not [****] by Boeing or [****] by Customer for the [****] the [****] defined in the Purchase Agreement and the [****] schedule set forth in this paragraph 5 for the [****] Aircraft for which the applicable [****] was [****].
AAL-PA-03735-LA-1106650R6    SA-22
[****]    LA Page 2 of 6
BOEING PROPRIETARY


                    
6. [****].
6.1Notwithstanding anything in Sections 1 through 3 above or the [****] in Table 1-4R1, Customer will [****] for the [****]. The 2nd [****].
    6.2    Notwithstanding anything to the contrary in this Letter Agreement, [****].
7.    Confidentiality.
Customer understands and agrees that the information contained herein represents confidential business information and has value precisely because it is not available generally or to other parties. This Letter Agreement shall be subject to the terms and conditions of Letter Agreement No. AAL-PA-03735-LA-1106670 entitled “Confidentiality”.
8.    Assignment.
8.1    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 Aircraft and cannot be assigned, in whole or in part, without the prior written consent of Boeing, except to the extent permissible under the terms of the AGTA.
8.2    [****]
If the foregoing correctly sets forth your understanding of our agreement with respect to the matters treated above, please indicate your acceptance and approval below.






(Intentionally Left Blank)

AAL-PA-03735-LA-1106650R6    SA-22
[****]    LA Page 3 of 6
BOEING PROPRIETARY


                    

Very truly yours,


THE BOEING COMPANY
By:/s/ The Boeing Company
Its:Attorney-In-Fact
ACCEPTED AND AGREED TO this
Date:January 31, 2022
AMERICAN AIRLINES, INC.
By:/s/ American Airlines, Inc.
Its:VP, Treasurer

AAL-PA-03735-LA-1106650R6    SA-22
[****]    LA Page 4 of 6
BOEING PROPRIETARY





                                    
The Boeing Company
P.O. Box 3707
Seattle, WA 98124-2207

AAL-PA-03735-LA-1106651R5    
American Airlines, Inc.
P.O. Box 619616
Dallas-Fort Worth Airport, Texas ###-###-####    
Subject:    [****]
Reference:    Purchase Agreement No. 03735 (Purchase Agreement) between The Boeing Company (Boeing) and American Airlines, Inc. (Customer) relating to Model 737 MAX aircraft (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 [****].
Subject to the terms and conditions contained in this Letter Agreement, in addition to the Aircraft described in Table 1R12, Table 1-2, Table 1-3R6, and Table 1-4(R1) to the Purchase Agreement as of the date of execution of this Letter Agreement, [****] ([****]).
2.[****].
2.1[****]. The [****] with [****] in calendar year [****] are listed in Attachment A(R5) to this Letter Agreement.
2.2[****]. The [****] with [****] ([****]) in [****] for each [****] are listed in Attachment A(R5) to this Letter Agreement. No later than [****] to the [****] in each of calendar years [****], Boeing will provide written notice setting forth [****] with a [****] in such calendar year. Such notice will constitute an amendment to Attachment A(R5) to this Letter Agreement.
3.Configuration.
3.1Subject to the provisions of Section 3.2 below, the configuration for the [****] will be the Detail Specification for the Aircraft at the revision level in effect at the time of [****] (as defined in Section 8 below). Such Detail Specification will be revised to include:
(i)[****],
(ii)[****], and
(iii)     [****].
3.2Boeing reserves the right to [****] the [****] starting from a [****]; so long as Boeing can achieve the same [****] which would result pursuant to the provisions of Section 3.1 above.
AAL-PA-03735-LA-1106651R5    SA-22
[****]    Page 1of 5
BOEING PROPRIETARY

                    

4.Price.
4.1The [****] Aircraft Basic Price for each of the [****] are identified in Attachment A(R3) to this Letter Agreement.
4.2The [****] Aircraft Basic Price for each of the [****] shall be [****].
4.3The Advance Payment Base Price shall be developed in accordance with the terms of the Purchase Agreement and determined at the time of [****].
5.Payment.
5.1[****]
5.2[****]
5.3[****]
6.Reserved.
7.[****].
7.1Customer may [****] to Boeing [****] ([****]).
7.2Reserved.
8.[****].
8.1[****].
8.2Reserved.
8.2.1Reserved.
8.2.2    Reserved.
8.3     Reserved.
    8.3.1    Reserved.
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 Aircraft and cannot be assigned in whole or, in part, without the prior written consent of Boeing.
10.Confidential Treatment.
The information contained herein represents confidential business information and has value precisely because it is not available generally or to other parties. This Letter Agreement shall be subject to the terms and conditions of Letter Agreement No. AAL-PA-03735-LA-1106670 entitled “Confidentiality”.

AAL-PA-03735-LA-1106651R5    SA-22
[****]    Page 2 of 4
BOEING PROPRIETARY

                    











(Intentionally Left Blank)



AAL-PA-03735-LA-1106651R5    SA-22
[****]    Page 3 of 4
BOEING PROPRIETARY

                    


Very truly yours,

THE BOEING COMPANY

By:/s/ The Boeing Company
Its:Attorney-In-Fact
ACCEPTED AND AGREED TO this
Date:January 31, 2022
AMERICAN AIRLINES, INC.
By:/s/ American Airlines, Inc.
Its:VP, Finance



AAL-PA-03735-LA-1106651R5    SA-22
[****]    Page 4 of 4
BOEING PROPRIETARY


Attachment A(R5) To
Letter Agreement No. AAL-PA-03735-LA-1106651R5
737-8 [****] Aircraft Delivery, Description, Price and Advance Payments

Airframe Model/MTOW:737-8[****] poundsDetail Specification:[****]
Engine Model/Thrust:CFMLEAP-1B25[****] 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):$[****]Base Year Index (CPI):[****]
Buyer Furnished Equipment (BFE) Estimate:$[****]
Seller Purchased Equipment (SPE) Estimate:$[****]
LIFT Seats Provided by Boeing (Estimate):$[****]0
Deposit per Aircraft:$[****]

  Escalation  Escalation EstimateAdvance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
DeliveryNumber ofFactor Nominal DeliveryAdv Payment BaseAt Signing[****][****]Total
DateAircraft(Airframe) MonthPrice Per A/P[****][****][****][****]
[****]-20241[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20241[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20242[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20242[****]  $[****]$[****]$[****]$[****]$[****]
[****]-20241[****]  $[****]$[****]$[****]$[****]$[****]
[****]-2024 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
AAL-PA-03735 118070-1F.txt    BOEING PROPRIETARY    SA-22
        Page 1

  Escalation  Escalation EstimateAdvance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
DeliveryNumber ofFactor Nominal DeliveryAdv Payment BaseAt Signing[****][****]Total
DateAircraft(Airframe) MonthPrice Per A/P[****][****][****][****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20251[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2025 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20261[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20261[****] Yes$[****]$[****]$[****]$[****]$[****]

AAL-PA-03735 118070-1F.txt    BOEING PROPRIETARY    SA-22
        Page 2

  Escalation  Escalation EstimateAdvance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
DeliveryNumber ofFactor Nominal DeliveryAdv Payment BaseAt SigningDeliveryNumber ofFactor
DateAircraft(Airframe) MonthPrice Per A/P[****]DateAircraft(Airframe)
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20261[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20261[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20261[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20261[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20261[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20261[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-20261[****] No$[****]$[****]$[****]$[****]$[****]
[****]-2026 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-2026 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20261[****]  $[****]$[****]$[****]$[****]$[****]
[****]-2026 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-2026 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-20271[****]  $[****]$[****]$[****]$[****]$[****]

AAL-PA-03735 118070-1F.txt    BOEING PROPRIETARY    SA-22
        Page 3


 
 Escalation  Escalation EstimateAdvance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
DeliveryNumber ofFactor Nominal DeliveryAdv Payment BaseAt SigningDeliveryNumber ofFactor
DateAircraft(Airframe) MonthPrice Per A/P[****]DateAircraft(Airframe)
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-20271[****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-20271[****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-20271[****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-20271[****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-20271[****]  $[****]$[****]$[****]$[****]$[****]
[****]-2027 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2027 [****]  $[****]$[****]$[****]$[****]$[****]
[****]-20271[****] No$[****]$[****]$[****]$[****]$[****]
[****]-2027 [****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2027 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20271[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2027 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2027 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20271[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2027 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2027 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20271[****] Yes$[****]$[****]$[****]$[****]$[****]

AAL-PA-03735 118070-1F.txt    BOEING PROPRIETARY    SA-22
        Page 4

  Escalation  Escalation EstimateAdvance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
DeliveryNumber ofFactor Nominal DeliveryAdv Payment BaseAt SigningDeliveryNumber ofFactor
DateAircraft(Airframe) MonthPrice Per A/P[****]DateAircraft(Airframe)
[****]-2027 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2027 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-20281[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2028 [****] No$[****]$[****]$[****]$[****]$[****]
[****]-2028[****] No$[****]$[****]$[****]$[****]$[****]
[****]-20281[****] Yes$[****]$[****]$[****]$[****]$[****]
[****]-2028 [****] No$[****]$[****]$[****]$[****]$[****]
Total:39

AAL-PA-03735 118070-1F.txt    BOEING PROPRIETARY    SA-22
        Page 5





AAL-PA-03735-LA-1106652R1
American Airlines, Inc.
P.O. Box 619616
Dallas-Fort Worth Airport, Texas ###-###-####

    
Subject:    [****]

Reference:    Purchase Agreement No. 03735 (Purchase Agreement) between The Boeing Company (Boeing) and American Airlines, Inc. (Customer) relating to Model 737MAX aircraft (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.
Customer may [****] the purchase of either [****] (Eligible Models) [****] of any Firm Aircraft, as defined in article 1 below, subject to the following terms and conditions:

1.Definitions.

[****], for purposes of this Letter Agreement, means the Boeing model 737-8 aircraft identified on Table 1R12, 1-2, 1-3R6, and 1-4R1 to the Purchase Agreement (as may be amended from time to time) [****].

[****] means the [****].

[****] means any [****].
2.Customer’s [****].
Customer shall [****] ([****]) of its [****] ([****]) with the [****]:
(i)[****], or;
(ii)[****].
Such [****].
3.Boeing’s [****].
3.1Customer’s [****].
3.2If Boeing [****].
3.3All of Boeing’s [****].
4.[****].
The [****].
5.[****].
AAL-PA-03735 118070-1F.txt    BOEING PROPRIETARY    SA-22
        Page 1

Boeing and Customer will [****] into the Purchase Agreement. Boeing and Customer will [****] in accordance with Section 3.2, above. Upon the [****] pursuant to this Section 5, the [****] for purposes of this Letter Agreement and an “[****]” as defined in the Purchase Agreement and shall be governed by the Purchase Agreement.
6.[****].
6.1The [****] are set forth in Attachment A(R1) and Attachment B(R1), respectively, hereto. The [****] in accordance with the provisions of Supplemental Exhibit AE1. The [****] in accordance with the provisions of Supplemental Exhibit AE1.
6.2Any [****] (the [****]) will be a[****]. [****]. If [****], then [****].
6.3At the [****], Boeing will [****] pursuant to and in accordance with Letter Agreement AAL-PA-03735-LA-1106648R1 entitled “[****]”, as it may be subsequently amended.

7.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 Aircraft and cannot be assigned, in whole or in part.
8.Confidential Treatment.
The information contained herein represents confidential business information and has value precisely because it is not available generally or to other parties. Customer will limit the disclosure of its contents to employees of Customer with a need to know the contents for purposes of helping Customer perform its obligations under the Purchase Agreement and who understand they are not to disclose its contents to any other person or entity without the prior written consent of Boeing.




Very truly yours,

THE BOEING COMPANY
By:/s/ The Boeing Company
Its:Attorney-In-Fact
ACCEPTED AND AGREED TO this
Date:January 31, 2022
AMERICAN AIRLINES, INC.
By:/s/ American Airlines, Inc.
Its:VP, Treasurer



AAL-PA-03735 118070-1F.txt    BOEING PROPRIETARY    SA-22
        Page 1


AAL-PA-03735 118070-1F.txt    BOEING PROPRIETARY    SA-22
        Page 1