EX-10.148 10 d436512dex10148.htm SUPPLEMENTAL AGREEMENT NO. 60 Supplemental Agreement No. 60

Exhibit 10.148

CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT HAS BEEN OMITTED AND FILED

SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION IN ACCORDANCE WITH

THE SECURITIES ACT OF 1933, AS AMENDED, AND RULE 24B-2 PROMULGATED THEREUNDER.

OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS.

Supplemental Agreement No. 60

to

Purchase Agreement No. 1951

(the Agreement)

Between

The Boeing Company

and

Continental Airlines, Inc.

Relating to Boeing Model 737 Aircraft

THIS SUPPLEMENTAL AGREEMENT is entered into as of November 7, 2012 by and between THE BOEING COMPANY (Boeing) and CONTINENTAL AIRLINES, INC. (Customer);

WHEREAS, Customer is ***

WHEREAS, Customer and Boeing agree to reschedule one (1) 737-900ER aircraft as follows:

 

Current Delivery Month

  

Revised Delivery Month

  

Serial Number

August 2013    July 2013    31649

WHEREAS, Customer and Boeing have agreed to reschedule one (1) 737-900ER aircraft as follows:

 

Current Delivery Month

  

Revised Delivery Month

  

Serial Number

October 2012    September 2012    37199*

 

* Notwithstanding the rescheduled delivery month of this aircraft, ***

NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Agreement as follows:

1. Table of Contents, Articles, Tables, Exhibits, and Letter Agreements:

1.1 Remove and replace, in its entirety, the “Table of Contents”, with the “Table of Contents” attached hereto, to reflect the changes made by this Supplemental Agreement No. 60.

 

P.A. 1951    
CAL   SA 60-1  


Supplemental Agreement No. 60 to

Purchase Agreement No. 1951

 

*** Remove and replace, in its entirety, page T-6-1, page T-6-2 and page T-6-3 to Table 1 to reflect: a) the revised delivery month for two (2) 737-900ER aircraft bearing serial numbers 31649 and 37199, and ***

 

***

  

***

***    ***
***    ***
***    ***
***    ***
***    ***
***    ***
***    ***
***    ***
***    ***
***    ***
***    ***
***    ***
***    ***
***    ***
***    ***

1.3 Add Letter Agreement CAL-PA-1951-LA-1210098, “Aircraft Acceleration from October 2012 to September 2012”, attached hereto.

The Agreement will be deemed to be supplemented to the extent herein provided as of the date hereof and as so supplemented will continue in full force and effect.

EXECUTED IN DUPLICATE as of the day and year first written above.

 

THE BOEING COMPANY     CONTINENTAL AIRLINES, INC.

/s/ ***

   

/s/ Gerald Laderman

Signature     Signature

Attorney-in-Fact

   

Senior Vice President – Finance and Treasurer

Title     Title

 

P.A. 1951    
CAL   SA 60-2  


TABLE OF CONTENTS

 

         Page
Number
     SA
Number
 

ARTICLES

  

  

1.

 

Subject Matter of Sale

     1-1         SA 39   

2.

 

Delivery, Title and Risk of Loss

     2-1      

3.

 

Price of Aircraft

     3-1         SA 39   

4.

 

Taxes

     4-1      

5.

 

Payment

     5-1      

6.

 

Excusable Delay

     6-1      

7.

 

Changes to the Detail Specification

     7-1         SA 39   

8.

 

Federal Aviation Requirements and Certificates and Export License

     8-1         SA 39   

9.

 

Representatives, Inspection, Flights and Test Data

     9-1      

10.

 

Assignment, Resale or Lease

     10-1      

11.

 

Termination for Certain Events

     11-1      

12.

 

Product Assurance; Disclaimer and Release; Exclusion of Liabilities; Customer Support; Indemnification and Insurance

     12-1      

13.

 

Buyer Furnished Equipment and Spare Parts

     13-1      

14.

 

Contractual Notices and Requests

     14-1         SA 39   

15.

 

Miscellaneous

     15-1      

 

P.A. 1951   i   SA 60
N/CAL    


TABLE OF CONTENTS

 

         Page
Number
     SA
Number
 

TABLES

  

  

1.

 

Aircraft Deliveries and Descriptions – 737-500

     T-1         SA 3   
 

Aircraft Deliveries and Descriptions – 737-700

     T-2         SA 57   
 

Aircraft Deliveries and Descriptions – 737-800

     T-3         SA 55   
 

Aircraft Deliveries and Descriptions – 737-600

     T-4         SA 4   
 

Aircraft Deliveries and Descriptions – 737-900

     T-5         SA 39   
 

Aircraft Deliveries and Descriptions – 737-900ER

     T-6         SA 60   

EXHIBITS

  

  

A–1

 

Aircraft Configuration – Model 737-724 (Aircraft delivering through July 2004)

  

     SA 26   

A–1.1

 

Aircraft Configuration – Model 737-724 (Aircraft delivering on or after August 2004)

   

     SA 46   

A–2

 

Aircraft Configuration – Model 737-824 (Aircraft delivering through July 2004)

  

     SA 26   

A–2.1

 

Aircraft Configuration – Model 737-824 (Aircraft delivering August 2004 through December 2007)

   

     SA 41   

A–2.2

 

Aircraft Configuration – Model 737-824 (Aircraft delivering January 2008 through July 2008)

   

     SA 45   

A–2.3

 

Aircraft Configuration – Model 737-824 (Aircraft scheduled to deliver between August 2008 and October 2010)

   

     SA 50   

 

P.A. 1951   ii   SA 60
N/CAL    


TABLE OF CONTENTS

 

EXHIBITS (continued)    SA
Number
 

A–2.4

 

Aircraft Configuration – Model 737-824 (Aircraft scheduled to deliver in or after November 2010)

     SA 50   

A–3

 

Aircraft Configuration – Model 737-624

     SA 1   

A–4

 

Aircraft Configuration – Model 737-524

     SA 3   

A–5

 

Aircraft Configuration – Model 737-924 ***

     SA 26   

A–6

 

Aircraft Configuration – Model 737-924ER ***

     SA 45   

A–6.1

 

Aircraft Configuration – Model 737-924ER ***

     SA 53   

A–6.2

 

Aircraft Configuration – Model 737-924ER ***

     SA 53   

B

 

Product Assurance Document

     SA 1   

C

 

Customer Support Document – Code Two – Major Model Differences

     SA 1   

C1

 

Customer Support Document – Code Three – Minor Model Differences

     SA 39   

D

 

Aircraft Price Adjustments – New Generation Aircraft (1995 Base Price – ***

     SA 1   

D1

 

Airframe and Engine Price Adjustments – Current Generation Aircraft

     SA 1   

D2

 

Aircraft Price Adjustments – New Generation Aircraft (1997 Base Price – ***

     SA 5   

 

P.A. 1951   iii   SA 60
N/CAL    


TABLE OF CONTENTS

 

EXHIBITS (continued)

   SA
Number
 

D3

 

Aircraft Price Adjustments – New Generation Aircraft (July 2003 Base Price – ***

     SA 41   

D4

 

Escalation Adjustment – Airframe and Optional Features ***

     SA 41   

E

 

Buyer Furnished Equipment Provisions Document

     SA 39   

F

 

Defined Terms Document

     SA 5   

LETTER AGREEMENTS

  

1951–1

 

Not Used

  

1951–2R4

 

Seller Purchased Equipment

     SA 39   

1951–3R22

 

Option Aircraft-Model 737-824 Aircraft

     SA 38   

1951–4R1

 

Waiver of Aircraft Demonstration

     SA 1   

1951–5R3

 

Promotional Support – New Generation Aircraft

     SA 48   

1951–6

 

Configuration Matters

  

1951–7R1

 

Spares Initial Provisioning

     SA 1   

1951–8R2

 

Escalation Sharing – New Generation Aircraft

     SA 4   

1951–9R20

 

Option Aircraft-Model 737-724 Aircraft

     SA 58   

1951–11R1

 

Escalation Sharing-Current Generation Aircraft

     SA 4   

1951–12R7

 

Option Aircraft – Model 737-924 Aircraft

     SA 32   

 

P.A. 1951   iv   SA 60
N/CAL    


TABLE OF CONTENTS

 

LETTER AGREEMENTS (continued)    SA
Number
 

1951–13

 

Configuration Matters – Model 737-924

     SA 5   

1951–14

 

Installation of Cabin Systems Equipment 737-924

     SA 22   

1951–15

 

Configuration Matters – Model 737-924ER

     SA 39   

RESTRICTED LETTER AGREEMENTS

   SA
Number
 

6–1162–MMF–295

 

Performance Guarantees – Model 737-724 Aircraft

  

6–1162–MMF–296

 

Performance Guarantees – Model 737-824 Aircraft

  

6–1162–MMF–308R4

 

Disclosure of Confidential Information

     SA 39   

6–1162–MMF–309R1

 

***

     SA 1   

6–1162–MMF–311R8

 

***

  

6–1162–MMF–312R1

 

Special Purchase Agreement Provisions

     SA 1   

6–1162–MMF–319

 

Special Provisions Relating to the Rescheduled Aircraft

  

6–1162–MMF–378R1

 

Performance Guarantees – Model 737-524 Aircraft

     SA 3   

6–1162–GOC–015R1

 

***

     SA 31   

6–1162–GOC–131R12

 

Special Matters

     SA 59   

 

P.A. 1951   v   SA 60
N/CAL    


TABLE OF CONTENTS

 

RESTRICTED LETTER AGREEMENTS (continued)

   SA
Number
 

6–1162–DMH–365

 

Performance Guarantees – Model 737-924 Aircraft

     SA 5   

6–1162–DMH–624

 

***

     SA 8   

6–1162–DMH–680

 

Delivery Delay Resolution Program

     SA 9   

6–1162–DMH–1020

 

***

     SA 14   

6–1162–DMH–1035

 

***

     SA 15   

6–1162–DMH–1054

 

***

     SA 16   

6–1162–CHL–048

 

Rescheduled Aircraft Agreement

     SA 26   

6–1162–CHL–195

 

Restructure Agreement for Model 737NG and 757-300 Aircraft

     SA 30   

6–1162–MSA–768

 

Performance Guarantees – Model 737-924ER Aircraft (Aircraft delivering prior to May 2012)

     SA 57   

6–1162–SEE–0361

 

Performance Guarantees – Model 737-924ER Aircraft (Aircraft delivering May 2012 and on)

     SA 57   

6–1162–SEE–133

 

***

     SA 46   

6–1162–SEE–0176R4

 

Record Option Proposals

     SA 48   

6–1162–SEE–0187

 

Passenger Service Unit Resolution

     SA 50   

6–1162–SEE–0225R1

 

Use of Aircraft *** and Abuse Takeoff Testing

     SA 50   

6–1162–SEE–0263

 

Use of Aircraft – 737NG Performance Improvement Package Testing

     SA 50   

 

P.A. 1951   vi   SA 60
N/CAL    


TABLE OF CONTENTS

 

RESTRICTED LETTER AGREEMENTS (continued)

   SA
Number
 

6–1162–RCN–1888

 

Use of Aircraft – Boeing 747-800 and 787 Flight Test Training

     SA 53   

6–1162–RCN–1890

 

Use of Aircraft for Testing

     SA 57   

6–1162–SEE–0326

 

Model 737 – Koito Seat Resolution

     SA 56   

CAL–PA–1951–LA–1208066

 

Aircraft Performance Guarantees – Model 737-924ER Aircraft ***

     SA 59   

CAL–PA–1951–LA–1209037

 

***

     SA 59   

CAL–PA–1951–LA–1209110

 

Privileged and Confidential Matters SA 59

  

CAL–PA–1951–LA–1210098

 

Aircraft Acceleration from October 2012 to September 2012

     SA 60   

 

P.A. 1951   vii   SA 60
N/CAL    


TABLE OF CONTENTS

 

SUPPLEMENTAL AGREEMENTS

   DATED AS OF:

Supplemental Agreement No. 1

   October 10, 1996

Supplemental Agreement No. 2

   March 5, 1997

Supplemental Agreement No. 3

   July 17, 1997

Supplemental Agreement No. 4

   October 10, 1997

Supplemental Agreement No. 5

   May 21, 1998

Supplemental Agreement No. 6

   July 30, 1998

Supplemental Agreement No. 7

   November 12, 1998

Supplemental Agreement No. 8

   December 7, 1998

Supplemental Agreement No. 9

   February 18, 1999

Supplemental Agreement No. 10

   March 19, 1999

Supplemental Agreement No. 11

   May 14, 1999

Supplemental Agreement No. 12

   July 2, 1999

Supplemental Agreement No. 13

   October 13, 1999

Supplemental Agreement No. 14

   December 13, 1999

Supplemental Agreement No. 15

   January 13, 2000

Supplemental Agreement No. 16

   March 17, 2000

Supplemental Agreement No. 17

   May 16, 2000

Supplemental Agreement No. 18

   September 11, 2000

Supplemental Agreement No. 19

   October 31, 2000

Supplemental Agreement No. 20

   December 21, 2000

Supplemental Agreement No. 21

   March 30, 2001

 

P.A. 1951   viii   SA 60
N/CAL    


TABLE OF CONTENTS

 

SUPPLEMENTAL AGREEMENTS

   DATED AS OF:

Supplemental Agreement No. 22

   May 23, 2001

Supplemental Agreement No. 23

   June 29, 2001

Supplemental Agreement No. 24

   August 31, 2001

Supplemental Agreement No. 25

   December 31, 2001

Supplemental Agreement No. 26

   March 29, 2002

Supplemental Agreement No. 27

   November 6, 2002

Supplemental Agreement No. 28

   April 1, 2003

Supplemental Agreement No. 29

   August 19, 2003

Supplemental Agreement No. 30

   November 4, 2003

Supplemental Agreement No. 31

   August 20, 2004

Supplemental Agreement No. 32

   December 29, 2004

Supplemental Agreement No. 33

   December 29, 2004

Supplemental Agreement No. 34

   June 22, 2005

Supplemental Agreement No. 35

   June 30, 2005

Supplemental Agreement No. 36

   July 21, 2005

Supplemental Agreement No. 37

   March 30, 2006

Supplemental Agreement No. 38

   June 6, 2006

Supplemental Agreement No. 39

   August 3, 2006

Supplemental Agreement No. 40

   December 5, 2006

Supplemental Agreement No. 41

   June 1, 2007

Supplemental Agreement No. 42

   June 13, 2007

Supplemental Agreement No. 43

   July 18, 2007

 

P.A. 1951   ix   SA 60
N/CAL    


Supplemental Agreement No. 44

   December 7, 2007

Supplemental Agreement No. 45

   February 20, 2008

Supplemental Agreement No. 46

   June 25, 2008

Supplemental Agreement No. 47

   October 30, 2008

Supplemental Agreement No. 48

   January 29, 2009

Supplemental Agreement No. 49

   May 1, 2009

Supplemental Agreement No. 50

   July 23, 2009

Supplemental Agreement No. 51

   August 5, 2009

Supplemental Agreement No. 52

   August 31, 2009

Supplemental Agreement No. 53

   December 23, 2009

Supplemental Agreement No. 54

   March 1, 2010

Supplemental Agreement No. 55

   March 31, 2010

Supplemental Agreement No. 56

   August 12, 2010

Supplemental Agreement No. 57

   March 2, 2011

Supplemental Agreement No. 58

   January 6, 2012

Supplemental Agreement No. 59

   July 12, 2012

Supplemental Agreement No. 60

   November 7, 2012

 

P.A. 1951   x   SA 60
N/CAL    


Table 1 to Purchase Agreement 1951

Aircraft Deliveries and Descriptions

Model 737-900ER Aircraft

 

Airframe Model/MTOW:

  737-900ER       ***

Engine Model/Thrust:

  CFM56-7B***       ***

Airframe Price:

    $***

Optional Features:

    $***
       

 

Sub-Total of Airframe and Features:

    $***

Engine Price (Per Aircraft):

    $***

Aircraft Basic Price (Excluding BFE/SPE):

    $***
       

 

Buyer Furnished Equipment (BFE) Estimate:

    $***

Seller Purchased Equipment (SPE) Estimate:

    $***

***

    $***

Detail Specification:

    * **       

Airframe Price Base Year/Escalation Formula:

  

  ***     ***

Engine Price Base Year/Escalation Formula:

  

  ***     ***

Airframe Escalation Data:

  

     

Base Year Index (ECI):

  

    ***  

Base Year Index (CPI):

  

    ***  
 

 

Delivery Date

   Number of
Aircraft
   Escalation
Factor
(Airframe)
   Serial
Number
           Escalation
Estimate
Adv Payment
Base Price
     Advance Payment Per Aircraft
(Amts. Due/Mos. Prior to
Delivery):
 
               Per A/P      ***%      ***%      ***%      ***%  

***

   ***    ***    ***    *    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

 

CAL   T-6-1   SA 60
Boeing / Continental Airlines, Inc. Proprietary


Table 1 to Purchase Agreement 1951

Aircraft Deliveries and Descriptions

Model 737-900ER Aircraft

 

Delivery Date

   Number of
Aircraft
   Escalation
Factor
(Airframe)
   Serial
Number
           Escalation
Estimate
Adv Payment
Base Price
     Advance Payment Per Aircraft
(Amts. Due/Mos. Prior to
Delivery):
 
               Per A/P      ***%      ***%      ***%      ***%  

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

 

CAL   T-6-2   SA 60
Boeing / Continental Airlines, Inc. Proprietary


Table 1 to Purchase Agreement 1951

Aircraft Deliveries and Descriptions

Model 737-900ER Aircraft

 

Delivery Date

   Number of
Aircraft
   Escalation
Factor
(Airframe)
   Serial
Number
           Escalation
Estimate
Adv Payment
Base Price
     Advance Payment Per Aircraft
(Amts. Due/Mos. Prior to
Delivery):
 
               Per A/P      ***%      ***%      ***%      ***%  

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

***

   ***    ***    ***    ***    $ ***       $ ***       $ ***       $ ***       $ ***   

Total:

   43                        

 

***

 

CAL   T-6-3   SA 60
Boeing / Continental Airlines, Inc. Proprietary


LOGO         

The Boeing Company

P.O. Box 3707

Seattle, WA 98124-2207

 

 

CAL-PA-1951-LA-1210098

Continental Airlines, Inc.

1600 Smith Street

Houston, Texas 77002

 

Subject:    Aircraft Acceleration from October 2012 to September 2012
Reference:    Purchase Agreement No. PA-1951 (Purchase Agreement) between The Boeing Company (Boeing) and Continental Airlines, Inc. (Customer) relating to Model 737-900ER 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.

Boeing and Customer agree to reschedule the contract delivery month of the following Aircraft:

 

Current Delivery Month

  

Revised Delivery Month

  

Serial Number

October 2012

   September 2012    37199

***

The terms of this Letter Agreement will supersede the corresponding terms of the Purchase Agreement. Boeing and Customer will execute a supplemental agreement to the Purchase Agreement as soon as reasonably practicable after the execution of this Letter Agreement. The execution of the supplemental agreement is to facilitate contract administration and is not a condition to the effectiveness of his Letter Agreement. In the event of any conflict between the terms and conditions of this Letter Agreement and the supplemental agreement, the terms and conditions of this Letter Agreement shall control.

 

CAL-PA-1951-LA-13210098  
Aircraft Acceleration – October 2012 to September 2012   Page 1
BOEING / CONTINENTAL AIRLINES, INC. PROPRIETARY


LOGO

 

Very truly yours,

 

THE BOEING COMPANY
By  

/s/ ***

Its  

Attorney-In-Fact

ACCEPTED AND AGREED TO this
Date:  

September 25, 2012

Continental Airlines, Inc.
By  

/s/ Ron Baur

Its  

VP Fleet

 

CAL-PA-1951-LA-13210098  
Aircraft Acceleration – October 2012 to September 2012   Page 2
BOEING / CONTINENTAL AIRLINES, INC. PROPRIETARY