Supplemental Agreement No. 36 to Purchase AgreementNo. 1980 between TheBoeing Company and AMERICANAIRLINES, INC Relating to Boeing Model 777 Aircraft
Exhibit 10.5
Supplemental Agreement No. 36
to
Purchase Agreement No. 1980
between
The Boeing Company
and
AMERICAN AIRLINES, INC
Relating to Boeing Model 777 Aircraft
THIS SUPPLEMENTAL AGREEMENT No. 36, entered into this 30th day of April 2014, (SA-36) 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 (Customer);
RECITALS:
WHEREAS, Boeing and Customer entered into Purchase Agreement No. 1980 dated as of October 31, 1997, as amended and supplemented relating to Boeing Model 777 aircraft (Purchase Agreement) (and capitalized terms used herein without definition shall have the meanings specified therefore in such Purchase Agreement); and
WHEREAS, Boeing and Customer desire to [*CTR] the delivery of the 777-323ER Aircraft scheduled for delivery in [*CTR] 2016 to [*CTR] 2016; and
WHEREAS, Boeing and Customer desire to revise the MADP right for [*CTR] ([*CTR]) 777-323ER Aircraft and the QADP rights of [*CTR] ([*CTR]) 777-323ER Aircraft scheduled for delivery in [*CTR] to [*CTR], [*CTR], [*CTR], and [*CTR].
NOW THEREFORE, In consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
l. Table of Contents:
The Table of Contents to the Purchase Agreement is deleted in its entirety and a revised Table of Contents, attached hereto and identified with an SA-36 legend is substituted in lieu thereof to reflect the changes made by this SA-36.
2. Table l-8
Table 1-8 entitled 777-323ER Aircraft Delivery, Description, Price and Advance Payments is deleted in its entirety and a revised Table 1-8 to revise the [*CTR] 2016 delivery to [*CTR] 2016, attached hereto and identified with an SA-36 legend is substituted in lieu thereof to reflect the changes made by this SA-36.
PA No. 1980 | Page 1 | SA 36 |
Boeing Proprietary
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3. Letter Agreement No. 6-1162-AKP-110R3:
Attachment B entitled Information Regarding MADP Rights to Letter Agreement No. 6-1162-AKP-110R3 is deleted in its entirety and a revised Attachment B (Revised Attachment B) is substituted which revises the [*CTR] MADP Delivery to [*CTR].
4. Revision of Attachment C to Letter Agreement No. 6-1162-AKP-110R3:
Attachment C entitled Information Regarding QADP Rights to Letter Agreement No. 6-1162-AKP-110R3 is deleted in its entirety and a revised Attachment C (Revised Attachment C) is substituted which revises the [*CTR] ([*CTR]) [*CTR] QADP Delivery Aircraft to deliveries in [*CTR] ([*CTR]) [*CTR], [*CTR], [*CTR], [*CTR], and [*CTR].
EXECUTED IN DUPLICATE as of the day and year first above written.
THE BOEING COMPANY | AMERICAN AIRLINES, INC. | |||||||
By: | /s/ THE BOEING COMPANY | By: | /s/ AMERICAN AIRLINES, INC. | |||||
Name: Its: | Attorney-In-Fact | Name: Its: | Vice President Fleet Planning |
PA No. 1980 | Signature Page | SA 36 |
Boeing Proprietary
[*CTR]=[CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]
TABLE OF CONTENTS
ARTICLES | PAGE & SA NUMBER | |||||
1. | Quantity, Model and Description | 1, SA-20 | ||||
2. | Delivery Schedule | 1, SA-20 | ||||
3. | Price | 1, SA-20 | ||||
4. | Payment | 2, SA-20 | ||||
5. | Miscellaneous | 2, SA-20 | ||||
TABLE | SA NUMBER | |||||
|
|
|
|
| ||
Terminated | SA-35 | |||||
1-1. | 777-200IGW Aircraft Information Table: 1999 Deliveries | SA- l | ||||
1-2. | 777-200IGW Aircraft Information Table: 2000-2001 Deliveries | SA-2 & SA-6 | ||||
1-3. | 777-200IGW Aircraft Information Table: 2000-200 I Deliveries | | SA-4, SA-5, SA- 6, SA-7 & SA-9 | | ||
1-4. | 777-200IGW Aircraft Information Table: 2000-200 I Deliveries | | SA-5, SA-6 & SA-9 | | ||
1 -5. | 777-223IGW Aircraft Information Table: 2001-2002 Deliveries | | SA-10, SA-11 , SA-12 & SA-1 5 | | ||
l -6. | 777-200IGW Aircraft Information Table: 2003 Deliveries | SA-13 | ||||
l -7. | 777-323ER Aircraft Delivery, Description, Price and Advance Payments | | SA-25, SA-26, SA-28, SA-31 | | ||
1 -8. | 777-323ER Aircraft Delivery, Description, Price and Advance | SA-36 |
PA No. 1980 | Table of Contents Page i | SA 36 |
Boeing Proprietary
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TABLE OF CONTENTS, continued
TABLE | SA NUMBER | |||
2. | 777-223IGW Aircraft Information Table: 2009-2010 Deliveries | SA-15 & SA-1 6 | ||
3. | 777-2231GW Aircraft Information Table: 2006-2010 Deliveries | SA-15 & SA-16 | ||
EXHIBIT | SA NUMBER | |||
A. | Aircraft Configuration | |||
Al. | Aircraft Configuration - 777-323ER WITHDRAWN | SA-31 | ||
A2. | Aircraft Configuration - 777-323ER | SA-28 | ||
B. | Aircraft Delivery Requirements and Responsibilities | SA-20 | ||
c. | Defined Terms | SA-20 | ||
SUPPLEMENTAL EXHIBITS | SA NUMBER | |||
AEI. | Escalation Adjustment Airframe and Optional Features - | SA-20 | ||
BFEl . | BFE Variables | |||
BFEl-2. | BFE Variables- 777-323ER | SA-25, SA-26, | ||
SA-28 | ||||
CSI. | Customer Support Variables | |||
CS l -2 | Customer Support Variables - 777-323ER | SA-20 | ||
SLP l | Service Life Policy Components | |||
EE l-BR I. | Engine Escalation and Engine Warranty | SA-15 | ||
EE l-2. | Engine Escalation, Engine Warranty and Patent Indemnity - | SA-20 |
LETTER AGREEMENTS | PA or SA NUMBER | |||
6-11 62-AKP-070 | Miscellaneous Commitments for Model737, 757, | |||
| ||||
Terminated Per AAL-PA-1977-LA-1105595 | PA3219 | |||
| [*CTR] | |||
Terminated Per AAL-PA-1977-LA-1105595 | PA3219 | |||
6-11 62-AKP-073R1 | Accident Claims and Litigation |
P.A. No. 1980 | Table of Contents Page ii | SA 36 |
Boeing Proprietary
[*CTR]=[CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]
TABLE OF CONTENTS, continued
PA or SA | ||||
LETTER AGREEMENTS | NUMBER | |||
6-1162-AKP-109R3 | Business Considerations | SA-20 | ||
6-1 I 62-AKP-110R3 | Aircraft Purchase Rights and Substitution Rights | SA-20 | ||
Attachment A | Description and Price for Eligible Models | SA-20 | ||
Attachment B | Information Regarding MADP Rights | SA-36 | ||
Attachment C | Information Regarding QADP Rights | SA-36 | ||
Attachment D | Forms of Purchase Agreement Supplement | SA-20 | ||
Attachment E | Letter Agreements | SA-20 | ||
Attachment F | Information regarding MADP and QADP Rights if no 787s are reconfirmed | SA-20 | ||
6-1162-AKP-111 | Aircraft Performance Guarantees | |||
AAL-PA-I980-LA-1003346 | Aircraft Performance Guarantees - 777-323ER | SA-20 | ||
AAL-PA-I980-LA-04205R4 | Aircraft Performance Guarantees - 777-323ER | SA-28 | ||
6-1162-AKP-112 | Spares Matters | |||
6-1162-AKP-113 | Model 777 Miscellaneous Commitments | |||
6-l162-AKP-114RI | Installation of Cabin Systems Equipment | SA-22 | ||
AAL-PA-1980-LA-1003493 | Installation of Cabin Systems Equipment - 777-323ER | SA-20 | ||
6-1162-AKP-115 | Component and System Reliability Commitments | |||
6-l162-AKP-116 | Price Adjustment on Rolls-Royce Engines | |||
6-1162-AKP-117 | Delivery Schedule | |||
6-1162-AKP- 118R2 | Confidentiality | SA-20 | ||
6-1162-AKP-204 | Multiple Operating Weight Program Model 777-200JGW Aircraft | SA-6 | ||
AAL-PA-1 980-LA-1003536R1 | Multiple Operating Weight Program, Model 777-323ER Aircraft | SA-21 | ||
AAL-PA-1980-LA-1003344 | Open Configuration Matters -777-323ER | SA-20 | ||
AAL-PA-1980-LA-1104563 | Performance Guarantees for Rights Aircraft | SA-23 | ||
AAL-PA-1980-LA-1105629 | Advance Payments and Permitted Transactions | SA-25 | ||
AAL PA 1980-LA-1207588 | [*CTR] | SA-30 | ||
AAL-PA-1980-LA-1208920 | Delivery Flexibility for [*CTR] Purchase Rights | SA-30 | ||
AAL-LA-1106678 | Assignment Matters | SA-33 |
PA No. 1980 | Table of Contents Page iii | SA 36 |
Boeing Proprietary
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Table 1-8 to
Purchase Agreement No. PA-01980
777-323ER Aircraft Delivery, Description, Price and Advance Payments
Airframe Model/MTOW: | 777-300ER | 775000 pounds | Detail Specification: | [*CTR] | ||||||||||||||||
Engine Model/Thrust: | GE90-115BL | 115300 pounds | Airframe Price Base Year/Escalation Formula: | [*CTR] | [*CTR] | |||||||||||||||
Airframe Price: | [*CTR] | Engine Price Base Year/Escalation Formula: | [*CTR] | *CTR] | ||||||||||||||||
Optional Features: | [*CTR] | |||||||||||||||||||
Sub-Total of Airframe and Features: | [*CTR] | Airframe Escalation Data: | ||||||||||||||||||
Engine Price (Per Aircraft): | [*CTR] | Base Year Index (ECI): Base | [*CTR] | |||||||||||||||||
Aircraft Basic Price (Excluding BFE/SPE): | [*CTR] | Year Index (CPI): | [*CTR] | |||||||||||||||||
Buyer Furnished Equipment (BFE) Estimate: | [*CTR] | |||||||||||||||||||
Seller Purchased Equipment (SPE) Estimate: | [*CTR] | |||||||||||||||||||
[*CTR] | ||||||||||||||||||||
Deposit per Aircraft: |
Escalation | Escalation Estimate | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery}: | ||||||||||||||||||||||||||||||||||||||
Delivery Date | Number of Aircraft | Factor (Airframe) | Manufacturer Serial Number | Exercised Via | Adv Payment Base Price Per A/P | [*CTR] [*CTR] | [*CTR] [*CTR] | [*CTR] [*CTR] | Total [*CTR] | |||||||||||||||||||||||||||||||
[*CTR]-2013 | 1 | [*CTR | ] | 31550 | SA-28 | [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | |||||||||||||||||||||||||
[*CTR]-2014 | 1 | [*CTR | ] |
| 33541 |
|
| SA-31 |
| [*CTR | ] | [*CTR | ] | * | [*CTR | ] | ** | [*CTR | ] | [*CTR | ] | |||||||||||||||||||
[*CTR]-2014 | 1 | [*CTR | ] |
| 31553 |
|
| SA-31 |
| [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | |||||||||||||||||||||
[*CTR]-2014 | 1 | [*CTR | ] | 33127 |
| SA-31 |
| [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | |||||||||||||||||||||||
[*CTR]-2014 | 1 | [*CTR | ] |
| 31554 |
|
| SA-32 |
| [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | |||||||||||||||||||||
[*CTR]-2014 | 1 | [*CTR | ] |
| 33523 |
|
| SA-35 |
| [*CTR | ] | [*CTR | ] | *** | [*CTR | ] | [*CTR | ] | [*CTR | ] | ||||||||||||||||||||
[*CTR]-2014 | 1 | [*CTR | ] | 31549 | SA-34 | [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | [*CTR | ] | |||||||||||||||||||||||||
[*CTR]-2015 | 1 | [*CTR | ] | 33524 | SA-35 | [*CTR | ] | [*CTR | ] | *** | [*CTR | ] | [*CTR | ] | [*CTR | ] | ||||||||||||||||||||||||
[*CTR]-2015 | 1 | [*CTR | ] | 31480 | SA-35 | [*CTR | ] | [*CTR | ] | *** | [*CTR | ] | [*CTR | ] | [*CTR | ] | ||||||||||||||||||||||||
[*CTR]-2016 | 1 | [*CTR | ] |
| 32439 |
|
| SA-35 |
| [*CTR | ] | [*CTR | ] | *** | [*CTR | ] | [*CTR | ] | [*CTR | ] | ||||||||||||||||||||
[*CTR]-2016 | 1 | [*CTR | ] | 33538 | SA-36 | [*CTR | ] | [*CTR | ] | # | [*CTR | ] | [*CTR | ] | [*CTR | ] | ||||||||||||||||||||||||
11 |
* | -Amount on hand for this Aircraft prior to SA-31 |
** | - Amount adjusted for amount on hand prior to SA-31 |
*** | - Amount includes deposit on hand prior to SA-35 |
# | - Amount includes deposit on hand prior to SA-36 |
AAL-PA-01980 SA-36, [*CTR] 62891; for [*CTR] Delivery- APR [*CTR] | Table 1-8, Page 1 of 1 SA-36 |
[*CTR]=[CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]
Attachment B to Letter Agreement 6-1162-AKP-110R3 (Model 777)
Information Regarding MADP Rights
MSN | Exercise Date | Delivery Month/Year | ||
41665 | [*CTR] | [*CTR] | ||
31546 | [*CTR] | [*CTR] | ||
31547 | [*CTR] | [*CTR] | ||
33125 | [*CTR] | [*CTR] | ||
41666 | [*CTR] | [*CTR] | ||
67680 | [*CTR] | [*CTR] | ||
[*CTR] | [*CTR] | |||
[*CTR] | [*CTR] | |||
[*CTR] | [*CTR] | |||
[*CTR] | [*CTR] | |||
67655 | [*CTR] | [*CTR] |
PA No. 1980 | SA-36 | Page 1 of 1 |
Attachment B to Letter Agreement 6-1162-AKP-110R3
[*CTR]=[CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]
Attachment C to Letter Agreement 6-1162-AKP-110R3 (Model 777)
Information Regarding QADP Rights
MSN or Item Number | Exercise Date | Delivery Quarter | ||||
| [*CTR] | |||||
31543 | SA-20 | [*CTR] | ||||
| [*CTR] | SA-21 | ||||
41668 | SA-23 | [*CTR] | ||||
31548 | SA-25 | [*CTR] | ||||
| [*CTR] | [*CTR] | SA-27 | |||
| [*CTR] | [*CTR] | SA-21 | |||
31553 | SA-31 | [*CTR] | SA-31 | |||
33127 | SA-31 | [*CTR] | SA-31 | |||
68872 | SA-32 | [*CTR] | SA-32 | |||
68870 | SA-34 | [*CTR] | SA-34 | |||
| [*CTR] | [*CTR] | ||||
| [*CTR] | [*CTR] | SA-29 | |||
181030 | [*CTR] | [*CTR] | SA-36 | |||
181031 | [*CTR] | [*CTR] | SA-36 | |||
101798 | [*CTR] | [*CTR] | SA-36 | |||
181032 | [*CTR] | [*CTR] | SA-36 | |||
68864 | [*CTR] | [*CTR] | SA-36 | |||
71938 | [*CTR] | [*CTR] | SA-36 |
PA No. 1980 | SA-36 | Page 1 of 1 |
Attachment C to Letter Agreement 6-1162-AKP-110R3
[*CTR]=[CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]