EX-10.2 3 exhibit102sa-18topax3729re.htm EX-10.2 BOEING SUPPLEMENTAL AGREEMENT NO. 18 Document

SUPPLEMENTAL AGREEMENT NO. 18
to
PURCHASE AGREEMENT NO. 03729
between
THE BOEING COMPANY
and
SOUTHWEST AIRLINES CO.
Relating to Boeing Model 737-8 and 737-7 Aircraft

THIS SUPPLEMENTAL AGREEMENT NO. 18 (SA-18), entered into as of July 13, 2022, is made between THE BOEING COMPANY, a Delaware corporation (Boeing), and SOUTHWEST AIRLINES CO., a Texas corporation (Customer).
RECITALS:
WHEREAS, Customer and Boeing entered into Purchase Agreement Number PA-03729 dated December 13, 2011 (as amended and supplemented, Purchase Agreement) relating to the purchase and sale of Boeing model 737-8 (737-8 Aircraft) and model 737-7 aircraft (737-7 Aircraft) (737-8 Aircraft and 737-7 Aircraft collectively, the “Aircraft”). This SA-18 is an amendment to and is incorporated into the Purchase Agreement. Capitalized terms used herein but not otherwise defined will have the meaning set forth in the Purchase Agreement;
WHEREAS, Customer has previously notified Boeing of the exercise of twenty seven (27) Original Options as Remarket Aircraft and two (2) Original Option Aircraft as follows:
(i) three (3) Original Option Aircraft as Remarket Aircraft scheduled for delivery in July 2022;
(ii) ten (10) Original Option Aircraft as Remarket Aircraft accelerated from two (2) in January 2023, three (3) in February 2023, two (2) in March 2023, two (2) in April 2023 and one (1) in May 2023 to all ten (10) scheduled for delivery in July 2022;
(iii) six (6) Original Option Aircraft as Remarket Aircraft scheduled for delivery in August 2022;
(iv) one (1) Original Option Aircraft as Remarket Aircraft scheduled for delivery in September 2022;
[***] = Certain identified information has been excluded from the exhibit because it is both not material and is of the type that the registrant treats as private or confidential
1
SA-18
SWA-PA-03729BOEING PROPRIETARY




(v) seven (7) Original Option Aircraft as Remarket Aircraft accelerated from two (2) in May 2023, two (2) in June 2023 and three (3) in July 2023 to all seven (7) scheduled for delivery in August 2022; and
(vi) two (2) Original Option Aircraft scheduled for delivery in September 2023;
WHEREAS, Customer and Boeing agree to the model substitution from model 737-7 to model 737-8 of forty-eight (48) Aircraft as follows; ten (10) in January 2023, ten (10) in February 2023, ten (10) in March 2023, ten (10) in April 2023, and eight (8) in May 2023; and
    WHEREAS, Boeing and Customer wish to enter into this SA-18 to reflect the terms as agreed between the parties.
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 of the Purchase Agreement is hereby deleted in its entirety and replaced by a new Table of Contents (attached), which lists the Tables, Exhibits, and Letter Agreements revised or added by this SA-18 and is identified by “SA-18”. Such revised Table of Contents is incorporated into the Purchase Agreement by this reference.

2.TABLES.

Table 1A, Aircraft Delivery, Description, Price and Advance Payments – 737-8 Aircraft, is hereby deleted in its entirety and replaced by a new Table 1A (identified by “SA-18”) attached hereto and incorporated into the Purchase Agreement by this reference.

Table 1B, Aircraft Delivery, Description, Price and Advance Payments – 737-7 Aircraft, is hereby deleted in its entirety and replaced by a new Table 1B (identified by "SA-18") attached hereto and incorporated into the Purchase Agreement by this reference.

3.LETTER AGREEMENTS.

3.1.A new Letter Agreement No. SWA-PA-03729-LA-2202855 entitled 2023 MAX Production Plan, is hereby incorporated into the Purchase Agreement.
3.2.Attachment 1 to Letter Agreement SWA-PA-03729-LA-1106474R7, Option Aircraft, is deleted in its entirety and is replaced with the attached revised Attachment 1 to Letter Agreement SWA-PA-03729-LA-1106474R7.

4.[***] IMPACT.

4.1.Due to Customer’s prior exercise of (i) three (3) Original Option Aircraft as Remarket Aircraft scheduled for delivery in July 2022, (ii) ten (10) Original Option Aircraft as Remarket Aircraft accelerated from 2023 and scheduled for delivery in July 2022, (iii) six (6) Original Option Aircraft as Remarket Aircraft scheduled for




2
SA-18
SWA-PA-03729BOEING PROPRIETARY




delivery in August 2022, (iv) seven (7) Original Option Aircraft as Remarket Aircraft accelerated from 2023 and scheduled for delivery in August 2022, and (v) two (2) Original Option Aircraft scheduled for delivery in September 2023; Customer [***] according to the terms of the Purchase Agreement. Customer agrees to [***] in accordance with the terms of the Purchase Agreement. For clarity, [***] as of the execution of this SA-18.

4.2.Due to the substitution of forty-eight (48) model 737-7 Aircraft to model 737-8 Aircraft as follows; ten (10) in January 2023, ten (10) in February 2023, ten (10) in March 2023, ten (10) in April 2023 and eight (8) in May 2023 as described in this SA-18, Customer and Boeing have agreed [***]. Customer agrees [***] in accordance with the terms of the Purchase Agreement.



The Purchase Agreement is amended and supplemented to the extent herein provided and as so amended and supplemented will continue in full force and effect.


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

THE BOEING COMPANYSOUTHWEST AIRLINES CO.
By:     /s/ Carson J. May    
By:    /s/ Chris Monroe    
Name: Carson J. May    
Name: Chris Monroe    
Its:     Attorney-In-Fact    
Its:     SVP Finance and Treasurer

3
SA-18
SWA-PA-03729BOEING PROPRIETARY




TABLE OF CONTENTS

ARTICLESTITLES
Article 1Quantity, Model and DescriptionSA-2
Article 2Delivery Schedule
Article 3Price
Article 4PaymentSA-2
Article 5Additional Terms
TABLETITLE
1A737-8 Aircraft Information TableSA-18
1B737-7 Aircraft Information TableSA-18
EXHIBIT
A1737-8 Aircraft ConfigurationSA-11
A2737-7 Aircraft ConfigurationSA-8
A-3737-8 Remarket Aircraft ConfigurationSA-17
B*Aircraft Delivery Requirements and Responsibilities
B-1
Remarket Aircraft Technical
Acceptance and Delivery Requirements and Responsibilities    
SA-17
SUPPLEMENTAL EXHIBITSTITLES
AE1*Escalation Adjustment/Airframe and Optional Features
BFE1BFE Variables for 737-8SA-7
BFE2BFE Variables for 737-7SA-8
CS1Customer Support Variables
CS1-7MAXCustomer Support VariablesSA-2
EE1*Engine Escalation/Engine Warranty and Patent Indemnity
SA-18
SWA-PA-03729BOEING PROPRIETARY
Page 1




SLP1*Service Life Policy Components
LETTER AGREEMENTSTITLES
SWA-PA-03729-LA-1106463R3Open MattersSA-8
SWA-PA-03729-LA-1106464*[***]
SWA-PA-03729-LA-1106465*[***]
SWA-PA-03729-LA-1106466[***]
SWA-PA-03729-LA-1106467R2[***]SA-8
SWA-PA-03729-LA-1106468*[***]
SWA-PA-03729-LA-1106469R1[***]SA-2
SWA-PA-03729-LA-1106470R1[***]SA-2
SWA-PA-03729-LA-1106471R2Substitute AircraftSA-12
SWA-PA-03729-LA-1106473R2[***]SA-12
SWA-PA-03729-LA-1106474R7Option AircraftSA-18
SWA-PA-03729-LA-1106475R5[***]SA-14
SWA-PA-03729-LA-1106476R2[***]SA-8
SWA-PA-03729-LA-1106477*[***]
SWA-PA-03729-LA-1106478[***]
SWA-PA-03729-LA-1106479R1[***]SA-2
SWA-PA-03729-LA-1106480R1[***]SA-2
SWA-PA-03729-LA-1106481R2[***]SA-2
SWA-PA-03729-LA-1106482*[***]
SWA-PA-03729-LA-1106483*[***]
SWA-PA-03729-LA-1106484R3[***]SA-16
SWA-PA-03729-LA-1106485*[***]
SWA-PA-03729-LA-1209080[***]SA-1
SA-18
SWA-PA-03729BOEING PROPRIETARY
Page 2




LETTER AGREEMENTSTITLES
SWA-PA-03729-LA-1210419[***]SA-1
SWA-PA-03729-LA-1300943[***]SA-1
SWA-PA-03729-LA-1301168R3[***]SA-6
SWA-PA-03729-LA-1301170R3[***]SA-12
SWA-PA-03729-LA-1400371[***]SA-7
SWA-PA-03729-LA-1503792Service Ready Operational ValidationSA-6
SWA-PA-03729-LA-1500831[***]SA-7
SWA-PA-03729-LA-1602486R1[***]SA-12
SWA-PA-03729-LA-2100594R1737-8 Remarket Production AircraftSA-17
SWA-PA-03729-LA-2100700R1737-8 Configuration Matters – Remarket Production AircraftSA-17
SWA-PA-03729-LA-2100811[***]SA-12
SWA-PA-03729-LA-2100812R1[***]SA-16
SWA-PA-03729-LA-2100813[***]SA-12
SWA-PA-03729-LA-2100814R1[***]SA-15
SWA-PA-03729-LA-2100819[***]SA-12
SWA-PA-03729-LA-2100825R1[***]SA-16
SWA-PA-03729-LA-2100841[***]SA-12
SWA-PA-03729-LA-2100984[***]SA-12
SWA-PA-03729-LA-21037552022/2023 Production PlanSA-16
SWA-PA-03729-LA-22028552023 MAX Production PlanSA-18
* Denotes revision to Page 1 or Page 2 only to reference 737-7 (SA-2)

SA-18
SWA-PA-03729BOEING PROPRIETARY
Page 3




INACTIVE / DELETED TABLES, EXHIBITS, AND LETTER AGREEMENTS

RESTRICTED LETTER AGREEMENTS

Letter AgreementTitleLast Updated under SACurrent Status
SWA-PA-03729-LA-1106472R1[***]SA-2Deleted under SA-4
SWA-PA-01810/03729-LA-1301169[***]SA-2Deleted under SA-4

SA-18
SWA-PA-03729BOEING PROPRIETARY
Page 4

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft

Airframe Model/MTOW:

Engine Model/Thrust: CFM
737-8
LEAP-1B28(2)
181,200 pounds

28,800 pounds
Detail Specification:

Airframe Price Base Year/Escalation Formula:
D019A008-P (5/1/2017)

Jul-11


Non-Standard
Airframe Price:
[***]
Engine Price Base Year/Escalation Formula:
N/A
N/A
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:
[***]


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.
[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Jul-2017

Jul-2017

1

[***]

36929†
[***]

A

Note 1
[***][***][***][***][***]

Jul-2017

Jul-2017

2
[***]

42558†, 42559†
[***]

C

Note 1
[***][***][***][***][***]

Aug-2017

Aug-2017

3
[***]

36979, 36930, 36984
[***]

A

Note 1
[***][***][***][***][***]

Aug-2017

Aug-2017

1
[***]

42567
[***]

C

Note 1
[***][***][***][***][***]

Aug-2017

Aug-2017

2
[***]

42563, 42566†
[***]

C

Note 1
[***][***][***][***][***]

Sep-2017

Sep-2017

1
[***]

36934
[***]

A

Note 1
[***][***][***][***][***]

Oct-2017

Oct-2017

1
[***]

42544
[***]

A
[***][***][***][***][***]

Oct-2017

Oct-2017

1
[***]

42570
[***]

C
[***][***][***][***][***]

Nov-2017

Nov-2017

1
[***]

36988†
[***]

A
[***][***][***][***][***]

Dec-2017

Dec-2017

1
[***]

42554†
[***]

C
[***][***][***][***][***]

Mar-2018

Mar-2018

1
[***]

36989†
[***]

A
[***][***][***][***][***]

Mar-2018

Mar-2018

1
[***]

42571
[***]

C
[***][***][***][***][***]

Apr-2018

Apr-2018

1
[***]

42546
[***]

A
[***][***][***][***][***]

Jun-2018

Jun-2018

1
[***]

42572
[***]

C
[***][***][***][***][***]

Jun-2018

Jun-2018

1
[***]

42547
[***]

A
[***][***][***][***][***]

Aug-2018

Aug-2018

3
[***]

42548, 37019, 42549
[***]

A
[***][***][***][***][***]

Aug-2018

Aug-2018

1
[***]

42574
[***][***][***][***][***][***]

Aug-2018

Aug-2018

1
[***]

42575
[***][***][***][***][***][***]

Sep-2018

Sep-2018

2
[***]

42573, 42576
[***][***][***][***][***][***]


SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 1

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Dec-2018

Dec-2018

1
[***]

42577
[***][***][***][***][***][***]

Dec-2018

Dec-2018

4
[***]

37042, 42550, 42551, 3704
[***]

A
[***][***][***][***][***]

Feb-2021

Jul-2019

1
[***]

42633
[***][***][***][***][***][***]

Feb-2021

Jul-2019

2
[***]

65437, 65436
[***]

E OPEX
[***][***][***][***][***]

Feb-2021

Aug-2019

1
[***]

42634
[***][***][***][***][***][***]

Feb-2021

Dec-2019

1
[***]

36722
[***]

B
[***][***][***][***][***]

Feb-2021

Dec-2019

1
[***]

42537
[***]

A
[***][***][***][***][***]

Mar-2021

Aug-2019

1
[***]

42641
[***][***][***][***][***][***]

Mar-2021

Sep-2019

1
[***]

65471
[***]

E OPEX
[***][***][***][***][***]

Apr-2021

Nov-2019

1
[***]

42536
[***]

A
[***][***][***][***][***]

Mar-2021

Aug-2019

1
[***]

42637
[***][***][***][***][***][***]

Mar-2021

Sep-2019

1
[***]

65438
[***]

E OPEX
[***][***][***][***][***]

Apr-2021

Oct-2019

2
[***]

42646, 42662
[***][***][***][***][***][***]

Mar-2021

Oct-2019

2
[***]

42647, 42661
[***][***][***][***][***][***]

Mar-2021

Oct-2019

1
[***]

65439
[***]

OPEX
[***][***][***][***][***]

Mar-2021

Oct-2019

1
[***]

65440
[***]

OPEX
[***][***][***][***][***]

Apr-2021

Nov-2019

1
[***]

42664
[***][***][***][***][***][***]

Apr-2021

Nov-2019

1
[***]

65473
[***]

D OPEX
[***][***][***][***][***]

Mar-2022

1
[***]

67206
[***]

Note 6
[***][***][***][***][***]

Mar-2022

1
[***]

67205
[***]

Note 6
[***][***][***][***][***]

Mar-2022

1
[***]

67207
[***]

Note 6
[***][***][***][***][***]

Mar-2022

1
[***]

67208
[***]

Note 6
[***][***][***][***][***]

Mar-2022

1
[***]

67209
[***]

Note 6
[***][***][***][***][***]

Apr-2022

1
[***]

67216
[***]

Note 6
[***][***][***][***][***]

Apr-2022

1
[***]

67214
[***]

Note 6
[***][***][***][***][***]

Apr-2022

1
[***]

67213
[***]

Note 6
[***][***][***][***][***]

Apr-2022

1
[***]

67212
[***]

Note 6
[***][***][***][***][***]

Apr-2022

1
[***]

67211
[***]

Note 6
[***][***][***][***][***]

Apr-2022

1
[***]

67210
[***]

Note 6
[***][***][***][***][***]

Apr-2022

1
[***]

67215
[***]

Note 6
[***][***][***][***][***]


SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 2

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

May-2022

1
[***][***]

Note 6
[***][***][***][***][***]

May-2022

1
[***]

67217
[***]

Note 6
[***][***][***][***][***]

May-2022

1
[***]

67218
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

60226
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

60225
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67520
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67521
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67514
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67512
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67518
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67519
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67517
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67516
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67513
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

67515
[***]

Note 6
[***][***][***][***][***]

Jun-2022

1
[***]

60649
[***]

Note 6
[***][***][***][***][***]

Jul-2022

1
[***]

60650
[***]

Note 6
[***][***][***][***][***]

Jul-2022

1
[***]

60652
[***]

Note 6
[***][***][***][***][***]

Jul-2022

1
[***]

60653
[***]

Note 6
[***][***][***][***][***]

Jul-2022

1
[***]

67753
[***]

Note 8
[***][***][***][***][***]

Jul-2022

1
[***]

67754
[***]

Note 8
[***][***][***][***][***]

Jul-2022

1
[***]

67755
[***]

Note 8
[***][***][***][***][***]

Jul-2022

1
[***]

67756
[***]

Note 8
[***][***][***][***][***]

Jul-2022

1
[***]

67757
[***]

Note 8
[***][***][***][***][***]

Jul-2022

1
[***]

67758
[***]

Note 8
[***][***][***][***][***]

Jul-2022

1
[***]

67759
[***]

Note 8
[***][***][***][***][***]

Jul-2022

1
[***]

67762
[***]

Note 8
[***][***][***][***][***]

Jul-2022

1
[***]

67760
[***]

Note 8
[***][***][***][***][***]

Jul-2022

1
[***]

67761
[***]

Note 8
[***][***][***][***][***]

Aug-2022

1
[***]

60187
[***]

Note 6
[***][***][***][***][***]


SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 3

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Aug-2022

1
[***]

60188
[***]

Note 6
[***][***][***][***][***]

Aug-2022

1
[***]

60186
[***]

Note 6
[***][***][***][***][***]

Aug-2022

1
[***]

67775
[***]

Note 6
[***][***][***][***][***]

Aug-2022

1
[***]

67774
[***]

Note 6
[***][***][***][***][***]

Aug-2022

1
[***]

67773
[***]

Note 6
[***][***][***][***][***]

Aug-2022

1
[***]

67782
[***]

Note 8
[***][***][***][***][***]

Aug-2022

1
[***]

67781
[***]

Note 8
[***][***][***][***][***]

Aug-2022

1
[***]

67780
[***]

Note 8
[***][***][***][***][***]

Aug-2022

1
[***]

67779
[***]

Note 8
[***][***][***][***][***]

Aug-2022

1
[***]

67778
[***]

Note 8
[***][***][***][***][***]

Aug-2022

1
[***]

67777
[***]

Note 8
[***][***][***][***][***]

Aug-2022

1
[***]

67776
[***]

Note 8
[***][***][***][***][***]

Sep-2022

1
[***]

60219
[***]

Note 6
[***][***][***][***][***]

Sep-2022

1
[***]

67480
[***]

Note 5

Sep-2022

1
[***]

67479
[***]

Note 5

Sep-2022

1
[***]

67477
[***]

Note 5

Sep-2022

1
[***]

67476
[***]

Note 5

Sep-2022

1
[***]

67473
[***]

Note 5

Sep-2022

1
[***]

67472
[***]

Note 5

Sep-2022

1
[***]

67478
[***]

Note 5

Sep-2022

1
[***]

67475
[***]

Note 5

Sep-2022

1
[***]

42598
[***]

Note 5

Sep-2022

1
[***]

67474
[***]

Note 5

Oct-2022

1
[***]

67485
[***]

Note 5

Oct-2022

1
[***]

67484
[***]

Note 5

Oct-2022

1
[***]

67482
[***]

Note 5

Oct-2022

1
[***]

67481
[***]

Note 5

Oct-2022

1
[***]

67752
[***]

Note 5

Oct-2022

1
[***]

67487
[***]

Note 5

Oct-2022

1
[***]

67486
[***]

Note 5


SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 4

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Oct-2022

1
[***]

67751
[***]

Note 5

Oct-2022

1
[***]

67750
[***]

Note 5

Oct-2022

1
[***]

67483
[***]

Note 5

Nov-2022

1
[***]

67493
[***]

Note 5

Nov-2022

1
[***]

67492
[***]

Note 5

Nov-2022

1
[***]

67490
[***]

Note 5

Nov-2022

1
[***]

67489
[***]

Note 5

Nov-2022

1
[***]

67491
[***]

Note 5

Nov-2022

1
[***]

67488
[***]

Note 5

Nov-2022

1
[***]

67794
[***]

Note 5

Nov-2022

1
[***]

67793
[***]

Note 5

Nov-2022

1
[***]

67795
[***]

Note 5

Nov-2022

1
[***]

42600
[***]

Note 5

Dec-2022

1
[***]

67826
[***]

Note 5

Dec-2022

1
[***]

67825
[***]

Note 5

Dec-2022

1
[***]

42591
[***]

Note 5

Dec-2022

1
[***]

67498
[***]

Note 5

Dec-2022

1
[***]

67497
[***]

Note 5

Dec-2022

1
[***]

67496
[***]

Note 5

Dec-2022

1
[***]

67495
[***]

Note 5

Dec-2022

1
[***]

67494
[***]

Note 5

Dec-2022

1
[***]

67471
[***]

Note 5

Dec-2022

1
[***]

67470
[***]

Note 5

Jan-2023

Jul-2021

1
[***]

42657
[***]

Jan-24

Note 7

Jan-2023

Jul-2021

1
[***]

42671
[***]

Jan-24

Note 7

Jan-2023

1
[***]

67865
[***]

Jan-24

Note 7

Jan-2023

1
[***]

67864
[***]

Jan-24

Note 7

Jan-2023

1
[***]

67863
[***]

Jan-24

Note 7

Jan-2023

1
[***]

67862
[***]

Jan-24

Note 7

Jan-2023

1
[***]

67861
[***]

Jan-24

Note 7

SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 5

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft



Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Jan-2023

1
[***]

67860
[***]

Jan-24

Note 7

Jan-2023

1
[***]

67859
[***]

Jan-24

Note 7

Jan-2023

1
[***]

67858
[***]

Jan-24

Note 7

Feb-2023

Mar-2022

1
[***]

42679
[***]

Jan-24

Note 7

Feb-2023

Mar-2022

1
[***]

42678
[***]

Jan-24

Note 7

Feb-2023

Apr-2022

1
[***]

42688
[***]

Jan-24

Note 7

Feb-2023

1
[***]

67918
[***]

Jan-24

Note 7

Feb-2023

1
[***]

67919
[***]

Jan-24

Note 7

Feb-2023

1
[***]

67917
[***]

Jan-24

Note 7

Feb-2023

1
[***]

67914
[***]

Jan-24

Note 7

Feb-2023

1
[***]

67915
[***]

Jan-24

Note 7

Feb-2023

1
[***]

67913
[***]

Jan-24

Note 7

Feb-2023

1
[***]

67916
[***]

Jan-24

Note 7

Mar-2023

Apr-2022

1
[***]

42681
[***]

Jan-24

Note 7

Mar-2023

Apr-2022

1
[***]

42680
[***]

Jan-24

Note 7

Mar-2023

May-2022

1
[***]

42684
[***]

Jan-24

Note 7

Mar-2023

1
[***]

67967
[***]

Jan-24

Note 7

Mar-2023

1
[***]

67966
[***]

Jan-24

Note 7

Mar-2023

1
[***]

67965
[***]

Jan-24

Note 7

Mar-2023

1
[***]

67964
[***]

Jan-24

Note 7

Mar-2023

1
[***]

67963
[***]

Jan-24

Note 7

Mar-2023

1
[***]

67962
[***]

Jan-24

Note 7

Mar-2023

1
[***]

67961
[***]

Jan-24

Note 7

Apr-2023

May-2022

1
[***]

42683
[***]

Jan-24

Note 7

Apr-2023

May-2022

1
[***]

42682
[***]

Jan-24

Note 7

Apr-2023

Jun-2022

1
[***]

42687
[***]

Jan-24

Note 7

Apr-2023

1
[***]

68046
[***]

Jan-24

Note 7

Apr-2023

1
[***]

68047
[***]

Jan-24

Note 7

Apr-2023

1
[***]

68048
[***]

Jan-24

Note 7

Apr-2023

1
[***]

68049
[***]

Jan-24

Note 7

SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 6

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Apr-2023

1
[***]

68050
[***]

Jan-24

Note 7

Apr-2023

1
[***]

68051
[***]

Jan-24

Note 7

Apr-2023

1
[***]

68052
[***]

Jan-24

Note 7

May-2023

1
[***]

42686
[***]

Jan-24

Note 7

May-2023

1
[***]

42685
[***]

Jan-24

Note 7

May-2023

1
[***]

42690
[***]

Jan-24

Note 7

May-2023

1
[***]

68120
[***]

Jan-24

Note 7

May-2023

1
[***]

68119
[***]

Jan-24

Note 7

May-2023

1
[***]

68118
[***]

Jan-24

Note 7

May-2023

1
[***]

68117
[***]

Jan-24

Note 7

May-2023

1
[***]

68116
[***]

Jan-24

Note 7

Jan-2026

Dec-2019

1
[***]

42666
[***][***][***][***][***][***]

Feb-2026

Feb-2020

1
[***]

36727
[***]

B
[***][***][***][***][***]

Feb-2026

Mar-2020

1
[***]

42580
[***][***][***][***][***][***]

Mar-2026

Mar-2020

1
[***]

42579
[***][***][***][***][***][***]

Apr-2026

Apr-2020

1
[***]

42539
[***]

A
[***][***][***][***][***]

Apr-2026

Apr-2020

1
[***]

65441
[***]

OPEX
[***][***][***][***][***]

Jun-2026

May-2020

1
[***]

42669
[***][***][***][***][***][***]

Jul-2026

May-2020

1
[***]

42553
[***]

A
[***][***][***][***][***]

May-2026

May-2020

1
[***]

35970
[***]

B
[***][***][***][***][***]

Aug-2026

Jun-2020

1
[***]

42607
[***][***][***][***][***][***]

Sep-2026

Jun-2020

1
[***]

65442
[***]

OPEX
[***][***][***][***][***]

Nov-2026

Jul-2020

1
[***]

42665
[***][***][***][***][***][***]

Oct-2026

Jul-2020

1
[***]

42540
[***]

A
[***][***][***][***][***]

Nov-2026

Jul-2020

1
[***]

65443
[***]

OPEX
[***][***][***][***][***]

Dec-2026

Jul-2020

1
[***]

65444
[***]

OPEX
[***][***][***][***][***]

Feb-2027

Aug-2020

2
[***]

42672, 42673
[***][***][***][***][***][***]

Jan-2027

Aug-2020

1
[***]

42541
[***]

A
[***][***][***][***][***]

Mar-2027

Aug-2020

1
[***]

65445
[***]

OPEX
[***][***][***][***][***]

Apr-2027

Aug-2020

1
[***]

65446
[***]

OPEX
[***][***][***][***][***]

SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 7

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

May-2027

Sep-2020

1
[***]

42674
[***][***][***][***][***][***]

Jun-2027

Sep-2020

1
[***]

42691
[***][***][***][***][***][***]

Jul-2027

Sep-2020

1
[***]

42694
[***][***][***][***][***][***]

Apr-2027

Sep-2020

1
[***]

33941
[***]

B
[***][***][***][***][***]

Aug-2027

Sep-2020

1
[***]

65472
[***]

OPEX
[***][***][***][***][***]

Sep-2027

Sep-2020

1
[***]

65447
[***]

OPEX
[***][***][***][***][***]

Oct-2027

Sep-2020

1
[***]

65448
[***]

OPEX
[***][***][***][***][***]

Nov-2027

Oct-2020

1
[***]

42615
[***][***][***][***][***][***]

Nov-2027

Oct-2020

1
[***]

42543
[***]

A
[***][***][***][***][***]

Dec-2027

Oct-2020

1
[***]

65474
[***]

OPEX
[***][***][***][***][***]

Feb-2028

Nov-2020

2
[***]

42697, 42699
[***][***][***][***][***][***]

Jan-2028

Nov-2020

1
[***]

36733
[***]

B
[***][***][***][***][***]

Mar-2028

Nov-2020

1
[***]

65475
[***]

D OPEX
[***][***][***][***][***]

Apr-2028

Dec-2020

1
[***]

42703
[***][***][***][***][***][***]

Apr-2028

Dec-2020

1
[***]

33940
[***]

B
[***][***][***][***][***]

May-2028

Jan-2021

1
[***]

35974
[***]

B
[***][***][***][***][***]

Jun-2028

Jan-2021

1
[***]

65450
[***]

D OPEX
[***][***][***][***][***]

Jul-2028

Jan-2021

1
[***]

65449
[***]

OPEX
[***][***][***][***][***]

Sep-2028

Feb-2021

1
[***]

65451
[***]

D OPEX
[***][***][***][***][***]

Aug-2028

Feb-2021

1
[***]

65835
[***]

OPEX

Note 3
[***][***][***][***][***]

Oct-2028

Mar-2021

1
[***]

42648
[***][***][***][***][***][***]

Nov-2028

Mar-2021

1
[***]

65452
[***]

OPEX
[***][***][***][***][***]

Nov-2028

Apr-2021

1
[***]

42650
[***][***][***][***][***][***]

Dec-2028

Apr-2021

1
[***]

42651
[***][***][***][***][***][***]

Jan-2029

Apr-2021

1
[***]

42649
[***][***][***][***][***][***]

Jan-2029

Apr-2021

1
[***]

65454
[***]

D OPEX
[***][***][***][***][***]

Feb-2029

Apr-2021

1
[***]

65453
[***]

OPEX
[***][***][***][***][***]

Feb-2029

May-2021

1
[***]

42652
[***][***][***][***][***][***]

Feb-2029

May-2021

1
[***]

42653
[***][***][***][***][***][***]

Mar-2029

May-2021

1
[***]

42654
[***][***][***][***][***][***]

SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 8

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Mar-2029

May-2021

1
[***]

65455
[***]

D OPEX
[***][***][***][***][***]

Mar-2029

May-2021

1
[***]

65456
[***]

OPEX
[***][***][***][***][***]

Apr-2029

Jun-2021

3
[***]

42655, 42656, 42670
[***][***][***][***][***][***]

May-2029

Jun-2021

1
[***]

65457
[***]

D OPEX
[***][***][***][***][***]

May-2029

Jul-2021

1
[***]

42658
[***][***][***][***][***][***]

Jun-2029

Jul-2021

1
[***]

65460
[***]

D OPEX
[***][***][***][***][***]

Jul-2029

Jul-2021

1
[***]

65459
[***]

OPEX
[***][***][***][***][***]

Jun-2029

Jul-2021

1
[***]

65458
[***]

OPEX
[***][***][***][***][***]

May-2029

Jul-2021

1
[***]

65834
[***]

OPEX

Note 3
[***][***][***][***][***]

Sep-2029

Aug-2021

1
[***]

65461
[***]

D OPEX
[***][***][***][***][***]

Jul-2029

Aug-2021

1
[***]

65836
[***]

OPEX

Note 3
[***][***][***][***][***]

Aug-2029

Aug-2021

1
[***]

65837
[***]

OPEX

Note 3
[***][***][***][***][***]

Aug-2029

Aug-2021

1
[***]

65838
[***]

OPEX

Note 3
[***][***][***][***][***]

Aug-2029

Aug-2021

1
[***]

65839
[***]

OPEX

Note 3
[***][***][***][***][***]

Sep-2029

Aug-2021

1
[***]

66974
[***]

Note 4
[***][***][***][***][***]

Nov-2029

Sep-2021

1
[***]

65462
[***]

OPEX
[***][***][***][***][***]

Oct-2029

Sep-2021

1
[***]

65463
[***]

OPEX
[***][***][***][***][***]

Oct-2029

Sep-2021

1
[***]

65840
[***]

OPEX

Note 3
[***][***][***][***][***]

Oct-2029

Sep-2021

1
[***]

65841
[***]

OPEX

Note 3
[***][***][***][***][***]

Nov-2029

Oct-2021

1
[***]

65466
[***]

D OPEX
[***][***][***][***][***]

Dec-2029

Oct-2021

2
[***]

65465, 65464
[***]

OPEX
[***][***][***][***][***]

Jan-2030

Nov-2021

1
[***]

65467
[***]

D OPEX
[***][***][***][***][***]

Jan-2030

Dec-2021

1
[***]

65468
[***]

OPEX
[***][***][***][***][***]

Jan-2030

Dec-2021

2
[***]

65842, 65843
[***]

OPEX

Note 3
[***][***][***][***][***]

Feb-2030

Jan-2022

1
[***]

65469
[***]

D OPEX
[***][***][***][***][***]

Feb-2030

Jan-2022

1
[***]

65470
[***]

OPEX
[***][***][***][***][***]

Feb-2030

Apr-2022

1
[***]

65844
[***]

OPEX

Note 3
[***][***][***][***][***]

Mar-2030

Jul-2022

3
[***]

65855, 65853, 65851
[***]

OPEX

Note 3
[***][***][***][***][***]

Mar-2030

Aug-2022

1
[***]

65845
[***]

OPEX

Note 3
[***][***][***][***][***]

Apr-2030

Aug-2022

2
[***]

65847, 65849
[***]

OPEX

Note 3
[***][***][***][***][***]

SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 9

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Apr-2030

Oct-2022

2
[***]

65857, 65859
[***]

OPEX

Note 3
[***][***][***][***][***]

May-2030

Dec-2022

1
[***]

65861
[***]

OPEX

Note 3
[***][***][***][***][***]

May-2030

Mar-2023

1
[***]

36732
[***]

B
[***][***][***][***][***]

May-2030

Apr-2023

1
[***]

38806
[***]

B
[***][***][***][***][***]

May-2030

Jun-2023

1
[***]

37034
[***]

A
[***][***][***][***][***]

Jun-2030

Aug-2023

1
[***]

42552
[***]

A
[***][***][***][***][***]

Jun-2030

Oct-2023

1
[***]

42538
[***]

A
[***][***][***][***][***]

Jun-2030

Nov-2023

1
[***]

38815
[***]

B
[***][***][***][***][***]

Jul-2030

Mar-2024

3
[***]

38817, 35968, 35972
[***]

B
[***][***][***][***][***]

Jul-2030

Apr-2024

1
[***]

36736
[***]

B
[***][***][***][***][***]

Aug-2030

Jun-2024

1
[***]

42542
[***]

A
[***][***][***][***][***]

Aug-2030

Jul-2024

2
[***]

35963, 35967
[***]

B
[***][***][***][***][***]

Aug-2030

Sep-2024

1
[***]

36730
[***]

B
[***][***][***][***][***]

Sep-2030

Nov-2024

1
[***]

35971
[***]

B
[***][***][***][***][***]

Sep-2030

Dec-2024

1
[***]

35975
[***]

B
[***][***][***][***][***]

Sep-2030

Jan-2025

2
[***]

38804, 38805
[***]

B
[***][***][***][***][***]

Oct-2030

Jan-2025

2
[***]

65863, 65865
[***]

OPEX

Note 3
[***][***][***][***][***]

Oct-2030

Feb-2025

1
[***]

36729
[***]

B
[***][***][***][***][***]

Nov-2030

Feb-2025

2
[***]

65868, 65869
[***]

OPEX

Note 3
[***][***][***][***][***]

Nov-2030

Mar-2025

2
[***]

65870, 65871
[***]

OPEX

Note 3
[***][***][***][***][***]

Dec-2030

Apr-2025

2
[***]

65872, 65873
[***]

OPEX

Note 3
[***][***][***][***][***]

Dec-2030

May-2025

2
[***]

65846, 65848
[***]

OPEX

Note 3
[***][***][***][***][***]

Jan-2031

Jun-2025

1
[***]

65852
[***]

OPEX

Note 3
[***][***][***][***][***]

Feb-2031

Jun-2025

1
[***]

65850
[***]

OPEX

Note 3
[***][***][***][***][***]

Mar-2031

Jul-2025

1
[***]

65854
[***]

OPEX

Note 3
[***][***][***][***][***]

Apr-2031

Jul-2025

1
[***]

65856
[***]

OPEX

Note 3
[***][***][***][***][***]

May-2031

Aug-2025

1
[***]

65860
[***]

OPEX

Note 3
[***][***][***][***][***]

Jun-2031

Aug-2025

1
[***]

65858
[***]

OPEX

Note 3
[***][***][***][***][***]

Jul-2031

Sep-2025

1
[***]

65862
[***]

OPEX

Note 3
[***][***][***][***][***]

Aug-2031

Oct-2025

1
[***]

65864
[***]

OPEX

Note 3
[***][***][***][***][***]

SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 10

Table 1A To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-8 Aircraft





Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Serial
Number**


Escalation

Factor


Aircraft

Block



Notes

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Sep-2031

Nov-2025

1
[***]

65866
[***]

OPEX

Note 3
[***][***][***][***][***]
Oct-2031
Dec-2025
1
[***]

65867
[***]

OPEX

Note 3
[***][***][***][***][***]

Total:
323

* [***]
** Manufacturer Serial Numbers (MSN) are for reference only and are subject to change.
[***]
Notes:
(1) [***]
(2) [***]
(3) [***]
(4) [***]
(5) Substitution of (10) September 2022 / (10) October 2022 / (10) November 2022 / (10) December 2022 -- 737-7 into 737-8 from SA-16. Reference Table 1B and
Letter Agreement No. SWA-PA-03729-LA-2103755 for pricing terms and conditions for these (40) substituted Aircraft. (6) Exercise of Remarket Aircraft per SWA-PA-03729-LA-1106474, entitled Option Aircraft
(7) Substitution of forty-eight (48) 737-7 into 737-8 from SA-18: (10) January 2023 / (10) February 2023 / (10) March 2023 / (10) April 2023 / (8) May 2023. Reference Table 1B and
Letter Agreement No. SWA-PA-03729-LA-22202855, 2023 MAX Production Plan, for pricing terms and conditions for these (48) substituted Aircraft.
(8) Exercise and acceleration of Remarket Aircraft per SWA-PA-03729-LA-1106474, entitled Option Aircraft and SWA-PA-03729-LA-2103755, entitled 2022/2023 Production Plan
SA-18
SWA-PA-03729 107813 / 108198 / 108732BOEING PROPRIETARY
Page 11

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft

Airframe Model/MTOW:

Engine Model/Thrust:
737-7     177,000 pounds
CFMLEAP-1B27C(1) 26,400 pounds
Detail Specification:

Airframe Price Base Year/Escalation Formula:
D019A008SWA17P-1

Jul-11


ECI-MFG/CPI
Airframe Price:
[***]
Engine Price Base Year/Escalation Formula:
N/A
N/A
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:
[***]


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Jan-2022

Apr-2019

1
[***]

42586
[***][***][***][***][***][***][***]

Jan-2022

Apr-2019

1
[***]

42587
[***][***][***][***][***][***][***]

Jan-2022

Apr-2019

1
[***]

42588
[***][***][***][***][***][***][***]

Jan-2022

May-2019

1
[***]

42589
[***][***][***][***][***][***][***]

Feb-2022

May-2019

1
[***]

42590
[***][***][***][***][***][***][***]

Feb-2022

Aug-2019

1
[***]

42561
[***][***][***][***][***][***][***]

Feb-2022

Aug-2019

1
[***]

42569
[***][***][***][***][***][***][***]

May-2022

Oct-2023

1
[***]

42614
[***][***][***][***][***][***][***]

May-2022

Feb-2024

1
[***]

42620
[***][***][***][***][***][***][***]

May-2022

Mar-2024

1
[***]

42621
[***][***][***][***][***][***][***]

May-2022

Apr-2024

1
[***]

42623
[***][***][***][***][***][***][***]

May-2022

May-2024

1
[***]

42627
[***][***][***][***][***][***][***]

May-2022

Jun-2024

1
[***]

42629
[***][***][***][***][***][***][***]

May-2022

Jul-2024

1
[***]

42631
[***][***][***][***][***][***][***]

Jul-2022

Jun-2023

1
[***]

42602
[***][***][***][***][***][***][***]

Jul-2022

Jul-2023

1
[***]

42603
[***][***][***][***][***][***][***]

Jul-2022

Aug-2023

1
[***]

42604
[***][***][***][***][***][***][***]

Jul-2022

Sep-2023

1
[***]

42609
[***][***][***][***][***][***][***]

Jul-2022

Sep-2024

1
[***]

42635
[***][***][***][***][***][***][***]

SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 1

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Jul-2022

Oct-2024

1
[***]

42638
[***][***][***][***][***][***][***]

Jul-2022

Nov-2024

1
[***]

42642
[***][***][***][***][***][***][***]

Jul-2022

Jan-2023

1
[***]

42632
[***][***][***][***][***][***][***]

Jul-2022

Feb-2023

1
[***]

42592
[***][***][***][***][***][***][***]

Jul-2022

Mar-2023

1
[***]

42595
[***][***][***][***][***][***][***]

Aug-2022

Nov-2023

1
[***]

42613
[***][***][***][***][***][***][***]

Aug-2022

Dec-2023

1
[***]

42616
[***][***][***][***][***][***][***]

Aug-2022

Jan-2024

1
[***]

42618
[***][***][***][***][***][***][***]

Aug-2022

Jan-2024

1
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Aug-2022

Jan-2024

1
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Aug-2022

Jan-2024

1
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Aug-2022

Feb-2024

1
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Sep-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Sep-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Sep-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Sep-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Sep-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Sep-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Sep-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Sep-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Sep-2022

**** Substitutions
[***]

42598
[***][***][***][***][***][***][***]

Sep-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Oct-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Oct-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Oct-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Oct-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Oct-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Oct-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Oct-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 2

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total
[***]

Oct-2022

**** Substitutions
[***][***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Oct-2022

**** Substitutions
[***][***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Oct-2022

**** Substitutions
[***][***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Nov-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Nov-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Nov-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Nov-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Nov-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Nov-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Nov-2022

**** Substitutions
[***]

42600
[***][***][***][***][***][***][***]

Nov-2022

**** Substitutions
[***][***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Nov-2022

**** Substitutions
[***][***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Nov-2022

**** Substitutions
[***][***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Dec-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Dec-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Dec-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Dec-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Dec-2022

**** Substitutions
[***][***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Dec-2022

**** Substitutions
[***]

67471
[***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Dec-2022

**** Substitutions
[***]

67470
[***][***]

(*) 737-8 Sub
[***][***][***][***][***]

Dec-2022

**** Substitutions
[***]

42591
[***][***][***][***][***][***][***]

Dec-2022

**** Substitutions
[***][***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Dec-2022

**** Substitutions
[***][***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Jan-2023

Jul-21

**** Substitutions
[***]

42657
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jan-2023

Jul-21

**** Substitutions
[***]

42671
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jan-2023

**** Substitutions
[***]

67865
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Jan-2023

**** Substitutions
[***]

67864
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Jan-2023

**** Substitutions
[***]

67863
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Jan-2023

**** Substitutions
[***]

67862
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 3

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.
[***]

21/18/12/9/6 Mos.

[***]

Total
[***]

Jan-2023

**** Substitutions
[***]

67861
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Jan-2023

**** Substitutions
[***]

67860
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Jan-2023

**** Substitutions
[***]

67859
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Jan-2023

**** Substitutions
[***]

67858
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Feb-2023

Mar-22

**** Substitutions
[***]

42679
[***][***]

***737-8 Sub
[***][***][***][***][***]

Feb-2023

Mar-22

**** Substitutions
[***]

42678
[***][***]

***737-8 Sub
[***][***][***][***][***]

Feb-2023

Apr-22

**** Substitutions
[***]

42688
[***][***]

***737-8 Sub
[***][***][***][***][***]

Feb-2023

**** Substitutions
[***]

67918
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Feb-2023

**** Substitutions
[***]

67919
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Feb-2023

**** Substitutions
[***]

67917
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Feb-2023

**** Substitutions
[***]

67914
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Feb-2023

**** Substitutions
[***]

67915
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Feb-2023

**** Substitutions
[***]

67913
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Feb-2023

**** Substitutions
[***]

67916
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Mar-2023

Apr-22

**** Substitutions
[***]

42681
[***][***]

***737-8 Sub
[***][***][***][***][***]

Mar-2023

Apr-22

**** Substitutions
[***]

42680
[***][***]

***737-8 Sub
[***][***][***][***][***]

Mar-2023

May-22

**** Substitutions
[***]

42684
[***][***]

***737-8 Sub
[***][***][***][***][***]

Mar-2023

**** Substitutions
[***]

67967
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Mar-2023

**** Substitutions
[***]

67966
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Mar-2023

**** Substitutions
[***]

67965
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Mar-2023

**** Substitutions
[***]

67964
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Mar-2023

**** Substitutions
[***]

67963
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Mar-2023

**** Substitutions
[***]

67962
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Mar-2023

**** Substitutions
[***]

67961
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Apr-2023

May-22

**** Substitutions
[***]

42683
[***][***]

***737-8 Sub
[***][***][***][***][***]

Apr-2023

May-22

**** Substitutions
[***]

42682
[***][***]

***737-8 Sub
[***][***][***][***][***]

Apr-2023

Jun-22

**** Substitutions
[***]

42687
[***][***]

***737-8 Sub
[***][***][***][***][***]

Apr-2023

**** Substitutions
[***]

68046
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Apr-2023

**** Substitutions
[***]

68047
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 4

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Apr-2023

**** Substitutions
[***]

68048
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Apr-2023

**** Substitutions
[***]

68049
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Apr-2023

**** Substitutions
[***]

68050
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Apr-2023

**** Substitutions
[***]

68051
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Apr-2023

**** Substitutions
[***]

68052
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

May-2023

Jun-22

**** Substitutions
[***]

42686
[***][***]

***737-8 Sub
[***][***][***][***][***]

May-2023

Jun-22

**** Substitutions
[***]

42685
[***][***]

***737-8 Sub
[***][***][***][***][***]

May-2023

Jul-22

**** Substitutions
[***]

42690
[***][***]

***737-8 Sub
[***][***][***][***][***]

May-2023

**** Substitutions
[***]

68120
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

May-2023

**** Substitutions
[***]

68119
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

May-2023

**** Substitutions
[***]

68118
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

May-2023

**** Substitutions
[***]

68117
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

May-2023

**** Substitutions
[***]

68116
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Jun-2023

Jul-22

1
[***]

42689
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jun-2023

Aug-22

1
[***]

42693
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jun-2023

Mar-24

1
[***]

67469
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jul-2023

Aug-22

1
[***]

42695
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jul-2023

Jan-23

1
[***]

42565
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jul-2023

Jan-23

1
[***]

42565
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jul-2023

1
[***]

68183
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Jul-2023

1
[***]

68184
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Aug-2023

Feb-23

1
[***]

42562
[***][***]

***737-8 Sub
[***][***][***][***][***]

Aug-2023

Feb-23

1
[***]

42564
[***][***]

***737-8 Sub
[***][***][***][***][***]

Sep-2023

Mar-23

1
[***]

42557
[***][***]

***737-8 Sub
[***][***][***][***][***]

Sep-2023

Apr-23

1
[***]

42555
[***][***]

***737-8 Sub
[***][***][***][***][***]

Sep-2023

1
[***]

68207
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Sep-2023

1
[***]

68206
[***][***]

(*) OPEX & 737-8 Sub
[***][***][***][***][***]

Oct-2023

May-23

1
[***]

42594
[***][***]

***737-8 Sub
[***][***][***][***][***]

Oct-2023

May-23

1
[***]

42568
[***][***]

***737-8 Sub
[***][***][***][***][***]

SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 5

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Oct-2023

Jun-23

1
[***]

42581
[***][***]

***737-8 Sub
[***][***][***][***][***]

Nov-2023

Jul-23

1
[***]

42582
[***][***]

***737-8 Sub
[***][***][***][***][***]

Nov-2023

Jul-23

1
[***]

42597
[***][***]

***737-8 Sub
[***][***][***][***][***]

Dec-2023

Aug-23

1
[***]

42593
[***][***]

***737-8 Sub
[***][***][***][***][***]

Dec-2023

Sep-23

1
[***]

42578
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jan-2024

Sep-23

1
[***]

42601
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jan-2024

Oct-23

1
[***]

42605
[***][***]

***737-8 Sub
[***][***][***][***][***]

Feb-2024

Dec-23

1
[***]

42583
[***][***]

***737-8 Sub
[***][***][***][***][***]

Feb-2024

Jan-24

1
[***]

42584
[***][***]

***737-8 Sub
[***][***][***][***][***]

Feb-2024

Jan-24

1
[***]

42585
[***][***]

***737-8 Sub
[***][***][***][***][***]

Mar-2024

Jan-24

1
[***]

42611
[***][***]

***737-8 Sub
[***][***][***][***][***]

Mar-2024

Feb-24

1
[***]

42596
[***][***]

***737-8 Sub
[***][***][***][***][***]

Mar-2024

Feb-24

1
[***]

42599
[***][***]

***737-8 Sub
[***][***][***][***][***]

Apr-2024

Feb-24

1
[***]

42612
[***][***]

***737-8 Sub
[***][***][***][***][***]

Apr-2024

Apr-24

1
[***]

42606
[***][***]

***737-8 Sub
[***][***][***][***][***]

Apr-2024

Apr-24

1
[***]

42617
[***][***]

***737-8 Sub
[***][***][***][***][***]

May-2024

May-24

1
[***]

42608
[***][***]

***737-8 Sub
[***][***][***][***][***]

May-2024

May-24

1
[***]

42619
[***][***]

***737-8 Sub
[***][***][***][***][***]

May-2024

May-24

1
[***]

42622
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jun-2024

Jun-24

1
[***]

42610
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jun-2024

Aug-24

1
[***]

42626
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jul-2024

Aug-24

1
[***]

42624
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jul-2024

Sep-24

1
[***]

42630
[***][***]

***737-8 Sub
[***][***][***][***][***]

Aug-2024

Oct-24

1
[***]

42625
[***][***]

***737-8 Sub
[***][***][***][***][***]

Aug-2024

Oct-24

1
[***]

42636
[***][***]

***737-8 Sub
[***][***][***][***][***]

Aug-2024

Nov-24

1
[***]

42639
[***][***]

***737-8 Sub
[***][***][***][***][***]

Sep-2024

Dec-24

1
[***]

42640
[***][***]

***737-8 Sub
[***][***][***][***][***]

Sep-2024

Dec-24

1
[***]

42628
[***][***]

***737-8 Sub
[***][***][***][***][***]

Oct-2024

Feb-25

1
[***]

42643
[***][***]

***737-8 Sub
[***][***][***][***][***]

SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 6

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Oct-2024

Mar-25

1
[***]

42645
[***][***]

***737-8 Sub
[***][***][***][***][***]

Oct-2024

Mar-25

1
[***]

42644
[***][***]

***737-8 Sub
[***][***][***][***][***]

Nov-2024

Apr-25

1
[***]

42659
[***][***]

***737-8 Sub
[***][***][***][***][***]

Nov-2024

Apr-25

1
[***]

42660
[***][***]

***737-8 Sub
[***][***][***][***][***]

Dec-2024

May-25

1
[***]

42663
[***][***]

***737-8 Sub
[***][***][***][***][***]

Dec-2024

Jun-25

1
[***]

42667
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jan-2025

Jul-25

1
[***]

42668
[***][***]

***737-8 Sub
[***][***][***][***][***]

Jan-2025

Aug-25

1
[***]

42675
[***][***]

***737-8 Sub
[***][***][***][***][***]

Feb-2025

Sep-25

1
[***]

42677
[***][***]

***737-8 Sub
[***][***][***][***][***]

Feb-2025

Sep-25

1
[***]

42676
[***][***]

***737-8 Sub
[***][***][***][***][***]

Feb-2025

Oct-25

1
[***]

42692
[***][***]

***737-8 Sub
[***][***][***][***][***]

Mar-2025

Oct-25

1
[***]

42696
[***][***]

***737-8 Sub
[***][***][***][***][***]

Mar-2025

Nov-25

1
[***]

42698
[***][***]

***737-8 Sub
[***][***][***][***][***]

Mar-2025

Nov-25

1
[***]

42700
[***][***]

***737-8 Sub
[***][***][***][***][***]

Apr-2025

Dec-25

1
[***]

42702
[***][***]

***737-8 Sub
[***][***][***][***][***]

Apr-2025

Dec-25

1
[***]

42701
[***][***]

***737-8 Sub
[***][***][***][***][***]

Apr-2025

1
[***]

67319
[***][***][***][***][***][***][***]

May-2025

1
[***]

67321
[***][***][***][***][***][***][***]

May-2025

1
[***]

67320
[***][***][***][***][***][***][***]

May-2025

1
[***]

67322
[***][***][***][***][***][***][***]

Jun-2025

1
[***]

67323
[***][***][***][***][***][***][***]

Jun-2025

1
[***]

67324
[***][***][***][***][***][***][***]

Jul-2025

1
[***]

67325
[***][***][***][***][***][***][***]

Jul-2025

1
[***]

67326
[***][***][***][***][***][***][***]

Aug-2025

1
[***]

67328
[***][***][***][***][***][***][***]

Aug-2025

1
[***]

67327
[***][***][***][***][***][***][***]

Sep-2025

1
[***]

67330
[***][***][***][***][***][***][***]

Sep-2025

1
[***]

67329
[***][***][***][***][***][***][***]

Oct-2025

1
[***]

67333
[***][***][***][***][***][***][***]

SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 7

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Oct-2025

1
[***]

67332
[***][***][***][***][***][***][***]

Oct-2025

1
[***]

67331
[***][***][***][***][***][***][***]

Nov-2025

1
[***]

67335
[***][***][***][***][***][***][***]

Nov-2025

1
[***]

67334
[***][***][***][***][***][***][***]

Dec-2025

1
[***]

67338
[***][***][***][***][***][***][***]

Dec-2025

1
[***]

67337
[***][***][***][***][***][***][***]

Dec-2025

1
[***]

67336
[***][***][***][***][***][***][***]

Jan-2026

1
[***]

67339
[***][***][***][***][***][***][***]

Feb-2026

1
[***]

67340
[***][***][***][***][***][***][***]

Mar-2026

1
[***]

67342
[***][***][***][***][***][***][***]

Mar-2026

1
[***]

67341
[***][***][***][***][***][***][***]

Apr-2026

1
[***]

67343
[***][***][***][***][***][***][***]

May-2026

1
[***]

67345
[***][***][***][***][***][***][***]

May-2026

1
[***]

67344
[***][***][***][***][***][***][***]

Jun-2026

1
[***]

67346
[***][***][***][***][***][***][***]

Jul-2026

1
[***]

67347
[***][***][***][***][***][***][***]

Aug-2026

1
[***]

67348
[***][***][***][***][***][***][***]

Sep-2026

1
[***]

67349
[***][***][***][***][***][***][***]

Oct-2026

1
[***]

67351
[***][***][***][***][***][***][***]

Oct-2026

1
[***]

67350
[***][***][***][***][***][***][***]

Nov-2026

1
[***]

67352
[***][***][***][***][***][***][***]

Dec-2026

1
[***]

67353
[***][***][***][***][***][***][***]

Jan-2027

1
[***]

67354
[***][***][***][***][***][***][***]

Feb-2027

1
[***]

67355
[***][***][***][***][***][***][***]

Mar-2027

1
[***]

67357
[***][***][***][***][***][***][***]

Mar-2027

1
[***]

67356
[***][***][***][***][***][***][***]

Apr-2027

1
[***]

67358
[***][***][***][***][***][***][***]

May-2027

1
[***]

67360
[***][***][***][***][***][***][***]

May-2027

1
[***]

67359
[***][***][***][***][***][***][***]

SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 8

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft


Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Jun-2027

1
[***]

67361
[***][***][***][***][***][***][***]

Jul-2027

1
[***]

67362
[***][***][***][***][***][***][***]

Aug-2027

1
[***]

67363
[***][***][***][***][***][***][***]

Sep-2027

1
[***]

67364
[***][***][***][***][***][***][***]

Oct-2027

1
[***]

67366
[***][***][***][***][***][***][***]

Oct-2027

1
[***]

67365
[***][***][***][***][***][***][***]

Nov-2027

1
[***]

67367
[***][***][***][***][***][***][***]

Dec-2027

1
[***]

67368
[***][***][***][***][***][***][***]

Jan-2028

1
[***]

67369
[***][***][***][***][***][***][***]

Feb-2028

1
[***]

67370
[***][***][***][***][***][***][***]

Mar-2028

1
[***]

67372
[***][***][***][***][***][***][***]

Mar-2028

1
[***]

67371
[***][***][***][***][***][***][***]

Apr-2028

1
[***]

67373
[***][***][***][***][***][***][***]

May-2028

1
[***]

67375
[***][***][***][***][***][***][***]

May-2028

1
[***]

67374
[***][***][***][***][***][***][***]

Jun-2028

1
[***]

67376
[***][***][***][***][***][***][***]

Jul-2028

1
[***]

67377
[***][***][***][***][***][***][***]

Aug-2028

1
[***]

67378
[***][***][***][***][***][***][***]

Sep-2028

1
[***]

67379
[***][***][***][***][***][***][***]

Oct-2028

1
[***]

67381
[***][***][***][***][***][***][***]

Oct-2028

1
[***]

67380
[***][***][***][***][***][***][***]

Nov-2028

1
[***]

67382
[***][***][***][***][***][***][***]

Dec-2028

1
[***]

67383
[***][***][***][***][***][***][***]

Jan-2029

1
[***]

67385
[***][***][***][***][***][***][***]

Jan-2029

1
[***]

67384
[***][***][***][***][***][***][***]

Feb-2029

1
[***]

67386
[***][***][***][***][***][***][***]

Mar-2029

1
[***]

67388
[***][***][***][***][***][***][***]

Mar-2029

1
[***]

67387
[***][***][***][***][***][***][***]

Apr-2029

1
[***]

67389
[***][***][***][***][***][***][***]
SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 9

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft



Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***]1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

May-2029

1
[***]

67391
[***][***][***][***][***][***][***]

May-2029

1
[***]

67390
[***][***][***][***][***][***][***]

Jun-2029

1
[***]

67393
[***][***][***][***][***][***][***]

Jun-2029

1
[***]

67392
[***][***][***][***][***][***][***]

Jul-2029

1
[***]

67395
[***][***][***][***][***][***][***]

Jul-2029

1
[***]

67394
[***][***][***][***][***][***][***]

Aug-2029

1
[***]

67397
[***][***][***][***][***][***][***]

Aug-2029

1
[***]

67396
[***][***][***][***][***][***][***]

Sep-2029

1
[***]

67399
[***][***][***][***][***][***][***]

Sep-2029

1
[***]

67398
[***][***][***][***][***][***][***]

Oct-2029

1
[***]

67400
[***][***][***][***][***][***][***]

Nov-2029

1
[***]

67401
[***][***][***][***][***][***][***]

Dec-2029

1
[***]

67403
[***][***][***][***][***][***][***]

Dec-2029

1
[***]

67402
[***][***][***][***][***][***][***]

Jan-2030

1
[***]

67404
[***][***][***][***][***][***][***]

Feb-2030

1
[***]

67405
[***][***][***][***][***][***][***]

Mar-2030

1
[***]

67407
[***][***][***][***][***][***][***]

Mar-2030

1
[***]

67406
[***][***][***][***][***][***][***]

Apr-2030

1
[***]

67408
[***][***][***][***][***][***][***]

May-2030

1
[***]

67409
[***][***][***][***][***][***][***]

May-2030

1
[***]

67410
[***][***][***][***][***][***][***]

Jun-2030

1
[***]

67411
[***][***][***][***][***][***][***]

Jul-2030

1
[***]

67412
[***][***][***][***][***][***][***]

Aug-2030

1
[***]

67413
[***][***][***][***][***][***][***]

Sep-2030

1
[***]

67414
[***][***][***][***][***][***][***]

Oct-2030

1
[***]

67416
[***][***][***][***][***][***][***]

Oct-2030

1
[***]

67415
[***][***][***][***][***][***][***]

Nov-2030

1
[***]

67417
[***][***][***][***][***][***][***]

Dec-2030

1
[***]

67418
[***][***][***][***][***][***][***]

SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 10

Table 1B To
Purchase Agreement No. PA-03729
Aircraft Delivery, Description, Price and Advance Payments
737-7 Aircraft




Delivery

Date*

Original

Delivery

Date*


Number of

Aircraft

Escalation

Factor

(Airframe)

Manufacturer

Escalation Estimate

Adv Payment Base

Price Per A/P

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Serial

Number**

Escalation

Factor

[***] 1


Note

At Signing

[***]

24 Mos.

[***]

21/18/12/9/6 Mos.

[***]

Total

[***]

Total:
192


* [***]
** Manufacturer Serial Numbers (MSN) are for reference only and are subject to change.
*** [***]
**** [***]

Notes:
(1) [***]
SA-18
SWA-PA-03729 107953-1F 116795-1F 116953-1F 118300-1FBOEING PROPRIETARY
Page 11

Attachment 1-A To
Letter Agreement No. 1106474
Aircraft Delivery, Description, Price and Advance Payments

Airframe Model/MTOW: 737-8
181,200 pounds
Detail Specification:
D019A008-S (5/1/2017)
Engine Model/Thrust: CFMLEAP-1B28(1)
28,800 pounds
Airframe Price Base Year/Escalation Formula
Jul-11
ECI-MFG/CPI
Airframe Price:
[***]
Engine Price Base Year/Escalation Formula:
N/A
N/A
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:
[***]
Non-Refundable Deposit/Aircraft at Def Agreement:
[***]


Delivery
Date


Number of
Aircraft
Escalation Factor (Airframe)



Escalation Factor



MSN^
Option Exercise Date Deadline


[***]



Note



Note
Escalation Estimate Adv Payment Base Price Per A/P
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
At Signing
[***]
24 Mos.
[***]
21/18/12/9/6 Mos.
[***]
Total
[***]
Oct-2022
1
[***]
[***]
[***]
[***]1
Remarket Aircraft**
[***][***][***][***][***]
Oct-2022
1
[***]
[***]
67783[***]
[***]1
Remarket Aircraft**
[***][***][***][***][***][***]
Oct-2022
1
[***]
[***]
67785[***]
[***]1
Remarket Aircraft**
[***][***][***][***][***][***]
Nov-2022
1
[***]
[***]
[***]
[***]1
Remarket Aircraft**
[***][***][***][***][***]
Nov-2022
1
[***]
[***]
[***]
[***]1
Remarket Aircraft**
[***][***][***][***][***]
Jan-2023
1
[***]
[***]
67753[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Jan-2023
1
[***]
[***]
67754[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Feb-2023
1
[***]
[***]
67755[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Feb-2023
1
[***]
[***]
67756[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Feb-2023
1
[***]
[***]
67757[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Mar-2023
1
[***]
[***]
67758[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Mar-2023
1
[***]
[***]
67759[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Apr-2023
1
[***]
[***]
67762[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Apr-2023
1
[***]
[***]
67760[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
May-2023
1
[***]
[***]
67761[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
May-2023
1
[***]
[***]
67782[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
May-2023
1
[***]
[***]
67781[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Jun-2023
1
[***]
[***]
67780[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Jun-2023
1
[***]
[***]
67779[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Jul-2023
1
[***]
[***]
67778[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Jul-2023
1
[***]
[***]
67777[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Jul-2023
1
[***]
[***]
67776[***]
[***]1
Remarket Aircraft**
[***]2
[***][***][***][***][***]
Nov-2023
1
[***]
[***]
[***][***][***][***][***][***]
Nov-2023
1
[***]
[***]
[***][***][***][***][***][***]

SA-18
SWA-PA-03729-LA-1106474 107813 116801-1F.txtBOEING PROPRIETARY
Page 1

Attachment 1-A To
Letter Agreement No. 1106474
Aircraft Delivery, Description, Price and Advance Payments


Delivery
Date


Number of
Aircraft
Escalation Factor (Airframe)



Escalation Factor



MSN^
Option Exercise Date Deadline


[***]



Note



Note
Escalation Estimate Adv Payment Base Price Per A/P
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
At Signing
[***]
24 Mos.
[***]
21/18/12/9/6 Mos.
[***]
Total
[***]
Dec-2023
1
[***]
[***]
[***][***][***][***][***][***]
Dec-2023
1
[***]
[***]
[***][***][***][***][***][***]
Mar-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Apr-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Apr-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Apr-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Apr-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
May-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
May-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
May-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Jun-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Jun-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Jun-2024
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Jan-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Jan-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Jan-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Feb-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Feb-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Feb-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Mar-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Mar-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Mar-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Mar-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Apr-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Apr-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Apr-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
Apr-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
May-2025
1
[***]
[***]
[***]
[***]
[***][***][***][***][***]
May-2025
1
[***]
[***]
[***]
[***]
*** Previously Earned
[***][***][***][***][***]
May-2025
1
[***]
[***]
[***]
[***]
*** Previously Earned
[***][***][***][***][***]
May-2025
1
[***]
[***]
[***]
[***]
*** Previously Earned
[***][***][***][***][***]
Jun-2025
1
[***]
[***]
[***]
[***]
*** Previously Earned
[***][***][***][***][***]
Jun-2025
1
[***]
[***]
[***]
[***]
*** Previously Earned
[***][***][***][***][***]

Total:
57


* [***]
SA-18
SWA-PA-03729-LA-1106474 107813 116801-1F.txtBOEING PROPRIETARY
Page 2

Attachment 1-A To
Letter Agreement No. 1106474
Aircraft Delivery, Description, Price and Advance Payments







Delivery
Date


Number of
Aircraft
Escalation Factor (Airframe)



Escalation Factor



MSN^
Option Exercise Date Deadline


[***]



Note



Note
Escalation Estimate Adv Payment Base Price Per A/P
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
At Signing
[***]
24 Mos.
[***]
21/18/12/9/6 Mos.
[***]
Total
[***]
** [***]
*** [***]
^ Manufacturer's serial numbers (MSNs) are for reference only and are subject to change
[***]1 [***]
[***]2: [***]

Note:
(1) [***]
SA-18
SWA-PA-03729-LA-1106474 107813 116801-1F.txtBOEING PROPRIETARY
Page 3




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


SWA-PA-03729-LA-2202855
Southwest Airlines Co.
2702 Love Field Drive
P.O. Box 36611
Dallas, Texas 75235-1611
Subject:    2023 MAX Production Plan
References:    1)    Purchase Agreement No. PA-03729 (Purchase Agreement) between The Boeing Company (Boeing) and Southwest Airlines Co. (Customer) relating to model 737-8 and model 737-7 aircraft (collectively, Aircraft)
2)     Table 1A to the Purchase Agreement entitled “Table 1A to Purchase Agreement No. PA-03729 Aircraft Delivery, Description, Price and Advance Payments 737-8 Aircraft” (Table 1A)
3)     Table 1B to the Purchase Agreement entitled “Table 1B to Purchase Agreement No. PA-03729 Aircraft Delivery, Description, Price and Advance Payments 737-7 Aircraft” (Table 1B)    
    
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.

1.737-8 Special Substitution Aircraft
1.1[***], Boeing and Customer have agreed to the substitution of forty-eight (48) model 737-7 Aircraft with scheduled delivery months in January 2023 through May 2023 (including ten (10) 737-7 Substitute Option Aircraft per month in January, February, March, April, and eight (8) in May 2023), into model 737-8 Aircraft (collectively, 737-8 Special 2023 Substitution Aircraft), as reflected in Table 1A and Table 1B to the Purchase Agreement.
1.2[***]






SA-18
SWA-PA-03729-LA-2202855
Page 1
2023 MAX Production PlanBOEING PROPRIETARY

boeinglogo.jpg
1.3[***]



2.Confidentiality
Customer understands that certain commercial and financial information contained in this Letter Agreement is considered by Boeing as confidential and has value precisely because it is not available generally to other parties. Customer agrees to limit the disclosure of the contents of this Letter Agreement to (a) its directors and officers, (b) employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this Article) without the prior written consent of Boeing and (c) any auditors and attorneys of Customer who have a need to know such information and have signed a confidentiality agreement in the same form and substance similar to this Article, or are otherwise bound by a confidentiality obligation. Disclosure to other parties is not permitted without Boeing’s consent except as may be required by applicable law or governmental regulations. Customer shall be fully responsible to Boeing for compliance with such obligations.
SA-18
SWA-PA-03729-LA-2202855
Page 2
2023 MAX Production PlanBOEING PROPRIETARY




boeinglogo.jpg



Very truly yours,
THE BOEING COMPANY
By

/s/ Carson J. May
NameCarson J. May
ItsAttorney-In-Fact
ACCEPTED AND AGREED TO this
Date:July 13, 2022
SOUTHWEST AIRLINES CO.
By

/s/ Chris Monroe
Name

Chris Monroe
ItsSVP Finance and Treasurer


SA-18
SWA-PA-03729-LA-2202855
Page 3
2023 MAX Production PlanBOEING PROPRIETARY