EX-10.1 2 exhibit101boeingapplic.htm EX-10.1 BOEING APPLICATION OF ADVANCE PAYMENT Document
The Boeing Company
P.O. Box 3707
Seattle, WA 98124-2207
April 9, 2020
Southwest Airlines Co.
PO Box 37611 – Love Field
Dallas, Texas 75235
Subject: Application of Advance Payments
Reference: Purchase Agreement No. 3729 (Purchase Agreement) between The Boeing Company (“Boeing”) and Southwest Airlines Co. (“Customer”) relating to Model 737-8 aircraft and 737-7 aircraft
Boeing / Customer meeting in Dallas on February 27th, draft delivery schedule shared by Boeing titled “SWA Delivery Scenario Con 2-26-20” (“Delivery Scenario”)
Customer has continued to pay advance payments pursuant to its Purchase Agreement obligations. As a result of the FAA grounding of the 737 MAX aircraft and delay in aircraft deliveries, [***]
Boeing and Customer agree that [***]
For the avoidance of doubt, the application of advance payments described in this letter does not alter terms contained in Letter Agreement No.1106476R2 titled [***] under the Purchase Agreement.
The foregoing is confidential information, therefore please limit the disclosure of its contents to Customer’s employees with a need to know the contents and who understand they are not to disclose its contents to any other person or entity.
/s/ Carson J May
Carson J. May
Regional Director – Contracts
Boeing Commercial Airplanes
[***] = Certain identified information has been excluded from the exhibit because it is both not material and would likely cause competitive harm to the registrant if publicly disclosed.