þ
|
QUARTERLY REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
|
|
For
the quarterly period ended March 31,
2009
|
|
or
|
¨
|
TRANSITION REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
|
|
For
the transition period from ________ to
________
|
TEXAS
|
74-1563240
|
(State
or other jurisdiction of
|
(IRS
Employer
|
incorporation
or organization)
|
Identification
No.)
|
P.O.
Box 36611, Dallas, Texas
|
75235-1611
|
(Address
of principal executive offices)
|
(Zip
Code)
|
|
Number
of shares of Common Stock outstanding as of the close of business on April
15, 2009: 740,813,556
|
March
31, 2009
|
December
31, 2008
|
|||||||
ASSETS
|
||||||||
Current
assets:
|
||||||||
Cash
and cash equivalents
|
$ | 1,145 | $ | 1,368 | ||||
Short-term
investments
|
989 | 435 | ||||||
Accounts
and other receivables
|
231 | 209 | ||||||
Inventories
of parts and supplies, at cost
|
171 | 203 | ||||||
Deferred
income taxes
|
365 | 365 | ||||||
Prepaid
expenses and other current assets
|
95 | 73 | ||||||
Total
current assets
|
2,996 | 2,653 | ||||||
Property
and equipment, at cost:
|
||||||||
Flight
equipment
|
13,650 | 13,722 | ||||||
Ground
property and equipment
|
1,798 | 1,769 | ||||||
Deposits
on flight equipment purchase contracts
|
333 | 380 | ||||||
15,781 | 15,871 | |||||||
Less
allowance for depreciation and amortization
|
4,968 | 4,831 | ||||||
10,813 | 11,040 | |||||||
Other
assets
|
370 | 375 | ||||||
$ | 14,179 | $ | 14,068 | |||||
LIABILITIES
AND STOCKHOLDERS' EQUITY
|
||||||||
Current
liabilities:
|
||||||||
Accounts
payable
|
$ | 693 | $ | 668 | ||||
Accrued
liabilities
|
1,016 | 1,012 | ||||||
Air
traffic liability
|
1,251 | 963 | ||||||
Current
maturities of long-term debt
|
163 | 163 | ||||||
Total
current liabilities
|
3,123 | 2,806 | ||||||
Long-term
debt less current maturities
|
3,447 | 3,498 | ||||||
Deferred
income taxes
|
1,895 | 1,904 | ||||||
Deferred
gains from sale and leaseback of aircraft
|
111 | 105 | ||||||
Other
deferred liabilities
|
675 | 802 | ||||||
Stockholders'
equity:
|
||||||||
Common
stock
|
808 | 808 | ||||||
Capital
in excess of par value
|
1,219 | 1,215 | ||||||
Retained
earnings
|
4,819 | 4,919 | ||||||
Accumulated
other comprehensive loss
|
(922 | ) | (984 | ) | ||||
Treasury
stock, at cost
|
(996 | ) | (1,005 | ) | ||||
Total
stockholders' equity
|
4,928 | 4,953 | ||||||
$ | 14,179 | $ | 14,068 | |||||
See
accompanying notes.
|
Three
months ended March 31,
|
||||||||
2009
|
2008
|
|||||||
OPERATING
REVENUES:
|
||||||||
Passenger
|
$ | 2,252 | $ | 2,414 | ||||
Freight
|
30 | 34 | ||||||
Other
|
75 | 82 | ||||||
Total
operating revenues
|
2,357 | 2,530 | ||||||
OPERATING
EXPENSES:
|
||||||||
Salaries,
wages, and benefits
|
836 | 800 | ||||||
Fuel
and oil
|
698 | 800 | ||||||
Maintenance
materials and repairs
|
184 | 143 | ||||||
Aircraft
rentals
|
45 | 38 | ||||||
Landing
fees and other rentals
|
166 | 171 | ||||||
Depreciation
and amortization
|
150 | 145 | ||||||
Other
operating expenses
|
328 | 345 | ||||||
Total
operating expenses
|
2,407 | 2,442 | ||||||
OPERATING
INCOME (LOSS)
|
(50 | ) | 88 | |||||
OTHER
EXPENSES (INCOME):
|
||||||||
Interest
expense
|
44 | 28 | ||||||
Capitalized
interest
|
(6 | ) | (8 | ) | ||||
Interest
income
|
(4 | ) | (7 | ) | ||||
Other
(gains) losses, net
|
23 | 38 | ||||||
Total
other expenses (income)
|
57 | 51 | ||||||
INCOME
(LOSS) BEFORE INCOME TAXES
|
(107 | ) | 37 | |||||
PROVISION
(BENEFIT) FOR INCOME TAXES
|
(16 | ) | 3 | |||||
NET
INCOME (LOSS)
|
$ | (91 | ) | $ | 34 | |||
NET
INCOME (LOSS) PER SHARE, BASIC
|
$ | (.12 | ) | $ | .05 | |||
NET
INCOME (LOSS) PER SHARE, DILUTED
|
$ | (.12 | ) | $ | .05 | |||
WEIGHTED
AVERAGE SHARES
|
||||||||
OUTSTANDING:
|
||||||||
Basic
|
740 | 733 | ||||||
Diluted
|
740 | 734 | ||||||
See
accompanying notes.
|
Three
months ended March 31,
|
|||||||||
2009
|
2008
|
||||||||
CASH
FLOWS FROM OPERATING ACTIVITIES:
|
|||||||||
Net
income (loss)
|
$ | (91 | ) | $ | 34 | ||||
Adjustments
to reconcile net income (loss) to
|
|||||||||
cash
provided by operating activities:
|
|||||||||
Depreciation
and amortization
|
150 | 145 | |||||||
Deferred
income taxes
|
(16 | ) | (5 | ) | |||||
Amortization
of deferred gains on sale and
|
|||||||||
leaseback
of aircraft
|
(3 | ) | (3 | ) | |||||
Share-based
compensation expense
|
3 | 5 | |||||||
Excess
tax benefits from share-based
|
|||||||||
compensation
arrangements
|
3 | - | |||||||
Changes
in certain assets and liabilities:
|
|||||||||
Accounts
and other receivables
|
(22 | ) | (70 | ) | |||||
Other
current assets
|
(46 | ) | 220 | ||||||
Accounts
payable and accrued liabilities
|
47 | 46 | |||||||
Air
traffic liability
|
288 | 267 | |||||||
Other,
net
|
(27 | ) | 325 | ||||||
Net
cash provided by operating activities
|
286 | 964 | |||||||
CASH
FLOWS FROM INVESTING ACTIVITIES:
|
|||||||||
Purchases
of property and equipment, net
|
(85 | ) | (364 | ) | |||||
Purchases
of short-term investments
|
(1,697 | ) | (1,221 | ) | |||||
Proceeds
from sales of short-term investments
|
1,144 | 1,459 | |||||||
Net
cash used in investing activities
|
(638 | ) | (126 | ) | |||||
CASH
FLOWS FROM FINANCING ACTIVITIES:
|
|||||||||
Proceeds
from sale and leaseback transactions
|
173 | - | |||||||
Proceeds
from Employee stock plans
|
4 | 11 | |||||||
Payments
of long-term debt and capital lease obligations
|
(35 | ) | (19 | ) | |||||
Payments
of cash dividends
|
(7 | ) | (7 | ) | |||||
Repurchase
of common stock
|
- | (54 | ) | ||||||
Excess
tax benefits from share-based
|
|||||||||
compensation
arrangements
|
(3 | ) | - | ||||||
Other,
net
|
(3 | ) | - | ||||||
Net
cash provided by (used in) financing activities
|
129 | (69 | ) | ||||||
NET
CHANGE IN CASH AND
|
|||||||||
CASH
EQUIVALENTS
|
(223 | ) | 769 | ||||||
CASH
AND CASH EQUIVALENTS AT
|
|||||||||
BEGINNING
OF PERIOD
|
1,368 | 2,213 | |||||||
CASH
AND CASH EQUIVALENTS
|
|||||||||
AT
END OF PERIOD
|
$ | 1,145 | $ | 2,982 | |||||
CASH
PAYMENTS FOR:
|
|||||||||
Interest,
net of amount capitalized
|
$ | 36 | $ | 25 | |||||
Income
taxes
|
$ | 1 | $ | 6 | |||||
See
accompanying notes.
|
Three
months ended March 31,
|
|||||||||
2009
|
2008
|
||||||||
NUMERATOR:
|
|||||||||
Net
income (loss)
|
$ | (91 | ) | $ | 34 | ||||
DENOMINATOR:
|
|||||||||
Weighted-average
shares
|
|||||||||
outstanding,
basic
|
740 | 733 | |||||||
Dilutive
effect of Employee stock
|
|||||||||
options
|
- | 1 | |||||||
Adjusted
weighted-average shares
|
|||||||||
outstanding,
diluted
|
740 | 734 | |||||||
NET
INCOME (LOSS) PER SHARE:
|
|||||||||
Basic
|
$ | (.12 | ) | $ | .05 | ||||
Diluted
|
$ | (.12 | ) | $ | .05 |
Balance
Sheet
|
March
31,
|
December
31,
|
|||||||
Location
|
2009
|
2008
|
|||||||
Cash
collateral deposits provided
|
Offset
against Other
|
||||||||
to
counterparty
|
deferred
liabilities
|
300 | 240 | ||||||
Due
to third parties for settled fuel contracts
|
Accrued
liabilities
|
22 | 16 | ||||||
Net
unrealized losses from fuel
|
Accumulated
other
|
||||||||
hedges,
net of tax
|
comprehensive
loss
|
888 | 946 |
Derivatives
not in SFAS 133 Cash Flow Hedging Relationships
|
||||
Amount
of (Gain) Loss Recognized in Income on Derivatives
|
||||
Three
months ended March 31,
|
Location
of (Gain) Loss Recognized in Income
|
|||
2009
|
2008
|
on
Derivatives
|
||
Fuel
derivative contracts
|
$(27)
|
$16
|
Other
(gains) losses,
net
|
Three
months ended March 31,
|
|||||||||
(In
millions)
|
2009
|
2008
|
|||||||
Net
income (loss)
|
$ | (91 | ) | $ | 34 | ||||
Unrealized
gain (loss) on derivative instruments,
|
|||||||||
net
of deferred taxes of $36 and ($151)
|
58 | 260 | |||||||
Other,
net of deferred taxes of $3 and $6
|
4 | (9 | ) | ||||||
Total
other comprehensive income
|
62 | 251 | |||||||
Comprehensive
income (loss)
|
$ | (29 | ) | $ | 285 |
Accumulated
|
||||||||||||
Fuel
|
other
|
|||||||||||
hedge
|
comprehensive
|
|||||||||||
(In
millions)
|
derivatives
|
Other
|
income
(loss)
|
|||||||||
Balance
at December 31, 2008
|
$ | (946 | ) | $ | (38 | ) | $ | (984 | ) | |||
2009
changes in value
|
(52 | ) | 4 | (48 | ) | |||||||
Reclassification
to earnings
|
110 | - | 110 | |||||||||
Balance
at March 31, 2009
|
$ | (888 | ) | $ | (34 | ) | $ | (922 | ) |
March
31,
|
December
31,
|
|||||||
(In
millions)
|
2009
|
2008
|
||||||
Retirement
Plans
|
$ | 85 | $ | 86 | ||||
Aircraft
Rentals
|
98 | 118 | ||||||
Vacation
Pay
|
178 | 175 | ||||||
Advances
and deposits
|
20 | 23 | ||||||
Fuel
derivative contracts
|
213 | 246 | ||||||
Deferred
income taxes
|
67 | 36 | ||||||
Workers
compensation
|
123 | 122 | ||||||
Other
|
232 | 206 | ||||||
Accrued
liabilities
|
$ | 1,016 | $ | 1,012 |
Three
months ended March 31,
|
|||||||||
(In
millions)
|
2009
|
2008
|
|||||||
Service
cost
|
$ | 3 | $ | 3 | |||||
Interest
cost
|
1 | 1 | |||||||
Net
periodic postretirement benefit cost
|
$ | 4 | $ | 4 |
Three
months ended March 31,
|
||||||||||||
2009
|
2008
|
Change
|
||||||||||
Revenue
passengers carried
|
19,759,690 | 21,504,821 | (8.1 | )% | ||||||||
Enplaned
passengers
|
23,049,990 | 24,708,615 | (6.7 | )% | ||||||||
Revenue
passenger miles (RPMs) (000s)
|
16,891,629 | 17,592,159 | (4.0 | )% | ||||||||
Available
seat miles (ASMs) (000s)
|
24,171,675 | 25,193,437 | (4.1 | )% | ||||||||
Load
factor
|
69.9 | % | 69.8 | % |
0.1
|
pts | ||||||
Average
length of passenger haul (miles)
|
855 | 818 | 4.5 | % | ||||||||
Average
aircraft stage length (miles)
|
635 | 627 | 1.3 | % | ||||||||
Trips
flown
|
279,135 | 294,790 | (5.3 | )% | ||||||||
Average
passenger fare
|
$113.97 | $112.24 | 1.5 | % | ||||||||
Passenger
revenue yield per RPM (cents)
|
13.33 | 13.72 | (2.8 | )% | ||||||||
Operating
revenue yield per ASM (cents)
|
9.75 | 10.04 | (2.9 | )% | ||||||||
Operating
expenses per ASM (cents)
|
9.96 | 9.69 | 2.8 | % | ||||||||
Fuel
costs per gallon, including fuel tax
|
$1.99 | $2.13 | (6.6 | )% | ||||||||
Fuel
consumed, in gallons (millions)
|
349 | 373 | (6.4 | )% | ||||||||
Full-time
equivalent Employees at period-end
|
35,512 | 34,793 | 2.1 | % | ||||||||
Size
of fleet at period-end
|
539 | 527 | 2.3 | % | ||||||||
*
Headcount is defined as "Active" fulltime equivalent Employees for both
periods presented.
|
Three
months ended March 31,
|
Per
ASM
|
Percent
|
|||||||||||||||
2009
|
2008
|
Change
|
Change
|
||||||||||||||
Salaries,
wages, and benefits
|
3.46 | 3.17 | .29 | 9.1 | |||||||||||||
Fuel
and oil
|
2.89 | 3.17 | (.28 | ) | (8.8 | ) | |||||||||||
Maintenance
materials
|
|||||||||||||||||
and
repairs
|
.76 | .57 | .19 | 33.3 | |||||||||||||
Aircraft
rentals
|
.19 | .15 | .04 | 26.7 | |||||||||||||
Landing
fees and other rentals
|
.69 | .68 | .01 | 1.5 | |||||||||||||
Depreciation
|
.62 | .58 | .04 | 6.9 | |||||||||||||
Other
operating expenses
|
1.35 | 1.37 | (.02 | ) | (1.5 | ) | |||||||||||
Total
|
9.96 | 9.69 | .27 | 2.8 |
Fair
value
|
Amount
of
|
|||||||
(liability)
of fuel
|
(losses)
deferred
|
|||||||
derivative
contracts
|
in
AOCI at March 31,
|
|||||||
Year
|
at
March 31, 2009
|
2009
(net of tax)
|
||||||
2009
|
$ | (156 | ) | $ | (250 | ) | ||
2010
|
$ | (213 | ) | $ | (245 | ) | ||
2011
|
$ | (251 | ) | $ | (160 | ) | ||
2012
|
$ | (165 | ) | $ | (118 | ) | ||
2013
|
$ | (146 | ) | $ | (115 | ) | ||
Total
|
$ | (931 | ) | $ | (888 | ) |
Three
months ended March 31,
|
|||||||||
(In
millions)
|
2009
|
2008
|
|||||||
Mark-to-market
impact from fuel contracts settling in future
|
|||||||||
periods
- included in Other (gains) losses, net
|
$ | (10 | ) | $ | 7 | ||||
Ineffectiveness
from fuel hedges settling in future periods -
|
|||||||||
included
in Other (gains) losses, net
|
15 | - | |||||||
Realized
ineffectiveness and mark-to-market (gains) or
|
|||||||||
losses
- included in Other (gains) losses, net
|
(15 | ) | 16 | ||||||
Premium
cost of fuel contracts included in Other (gains) losses,
net
|
32 | 14 | |||||||
Other
|
1 | 1 | |||||||
$ | 23 | $ | 38 |
Average
|
Number
|
Number
|
Number
|
||
737
Type
|
Seats
|
Age
(Yrs)
|
of
Aircraft
|
Owned
|
Leased
|
-300
|
137
|
17.7
|
184
|
112
|
72
|
-500
|
122
|
17.9
|
25
|
16
|
9
|
-700
|
137
|
5.5
|
330
|
316
|
14
|
TOTALS
|
10.2
|
539
|
444
|
95
|
(i)
|
continued
unfavorable economic conditions, which could continue to impact the demand
for air travel and the Company’s ability to adjust
fares;
|
(ii)
|
the
price and availability of aircraft fuel and any changes in the Company’s
fuel hedging strategies and
positions;
|
(iii)
|
the
Company’s ability to timely and effectively prioritize its revenue and
cost reduction initiatives and its related ability to timely and
effectively implement, transition, and maintain the necessary information
technology systems and infrastructure to support these
initiatives;
|
(iv)
|
continued
instability of the credit, capital, and energy markets, which could result
in future pressure on credit ratings and could also negatively impact (a)
the Company’s ability to obtain financing on acceptable terms, (b) the
Company’s liquidity generally, and (c) the availability and cost of
insurance;
|
(v)
|
the
impact of certain pending technological initiatives on the Company’s
technology infrastructure, including its point of sale, ticketing, revenue
accounting, payroll and financial reporting
areas;
|
(vi)
|
the
extent and timing of the Company’s investment of incremental operating
expenses and capital expenditures to develop and implement its initiatives
and its corresponding ability to effectively control its operating
expenses;
|
(vii)
|
the
Company’s dependence on third party arrangements to assist with
implementation of certain of its
initiatives;
|
(viii)
|
the
impact of governmental regulations and inquiries on the Company’s
operating costs, as well as its operations generally, and the impact of
developments affecting the Company’s outstanding
litigation;
|
(ix)
|
competitor
capacity and load factors; and
|
(x)
|
other
factors as set forth in the Company’s filings with the Securities and
Exchange Commission, including the detailed factors discussed under the
heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the
year ended December 31, 2008.
|
Aggregate
|
|||
Number
of
|
Option
exercise
|
proceeds
to
|
|
shares
purchased
|
price
per share
|
Date
of exercise
|
the
Company
|
45,000
|
$1.00
|
3/17/2009
|
$45,000
|
a)
|
Exhibits
|
3.1
|
Restated
Articles of Incorporation of Southwest (incorporated by reference
to
|
|
Exhibit 4.1
to Southwest’s Registration Statement on Form S-3
(File
|
||
No. 33-52155));
Amendment to Restated Articles of Incorporation of
Southwest
|
||
(incorporated
by reference to Exhibit 3.1 to Southwest’s Quarterly Report
on
|
||
Form 10-Q
for the quarter ended June 30, 1996 (File
No. 1-7259));
|
||
Amendment
to Restated Articles of Incorporation of Southwest (incorporated
by
|
||
reference
to Exhibit 3.1 to Southwest’s Quarterly Report on Form 10-Q for
the
|
||
quarter
ended June 30, 1998 (File No. 1-7259)); Amendment to Restated
Articles of
|
||
Incorporation
of Southwest (incorporated by reference to Exhibit 4.2 to
Southwest’s
|
||
Registration
Statement on Form S-8 (File No. 333-82735));
|
||
Amendment
to Restated Articles of Incorporation of Southwest (incorporated
by
|
||
reference
to Exhibit 3.1 to Southwest’s Quarterly Report on Form 10-Q for
the
|
||
quarter
ended June 30, 2001 (File No. 1-7259)); Articles of Amendment
to
|
||
Articles
of Incorporation of Southwest (incorporated by
|
||
reference
to Exhibit 3.1 to Southwest’s Quarterly Report on Form 10-Q for
the
|
||
quarter
ended June 30, 2007 (File No. 1-7259)).
|
||
3.2
|
Amended
and Restated Bylaws of Southwest, effective January 15,
|
|
2009
(incorporated by reference to Exhibit 3.1 to Southwest’s Current
Report
|
||
on
Form 8-K dated January 15, 2009 (File
No. 1-7259)).
|
||
10.1
|
Supplemental
Agreement No. 62 to Purchase Agreement No. 1810,
|
|
dated
January 19, 1994, between The Boeing Company and Southwest
(1)
|
||
10.2
|
Supplemental
Agreement No. 63 to Purchase Agreement No. 1810,
|
|
dated
January 19, 1994, between The Boeing Company and Southwest
(1)
|
||
31.1
|
Rule
13a-14(a) Certification of Chief Executive Officer
|
|
31.2
|
Rule
13a-14(a) Certification of Chief Financial Officer
|
|
32.1
|
Section
1350 Certifications of Chief Executive Officer and Chief
Financial
|
|
Officer
|
SOUTHWEST
AIRLINES CO.
|
||
April
17, 2009
|
By
|
/s/ Laura
Wright
|
Laura
Wright
|
||
Chief
Financial Officer
|
||
(On
behalf of the Registrant and in
|
||
her
capacity as Principal Financial
|
||
and
Accounting Officer)
|
||
3.1
|
Restated
Articles of Incorporation of Southwest (incorporated by reference
to
|
|
Exhibit 4.1
to Southwest’s Registration Statement on Form S-3
(File
|
||
No. 33-52155));
Amendment to Restated Articles of Incorporation of
Southwest
|
||
(incorporated
by reference to Exhibit 3.1 to Southwest’s Quarterly Report
on
|
||
Form 10-Q
for the quarter ended June 30, 1996 (File
No. 1-7259));
|
||
Amendment
to Restated Articles of Incorporation of Southwest (incorporated
by
|
||
reference
to Exhibit 3.1 to Southwest’s Quarterly Report on Form 10-Q for
the
|
||
quarter
ended June 30, 1998 (File No. 1-7259)); Amendment to Restated
Articles of
|
||
Incorporation
of Southwest (incorporated by reference to Exhibit 4.2 to
Southwest’s
|
||
Registration
Statement on Form S-8 (File No. 333-82735));
|
||
Amendment
to Restated Articles of Incorporation of Southwest (incorporated
by
|
||
reference
to Exhibit 3.1 to Southwest’s Quarterly Report on Form 10-Q for
the
|
||
quarter
ended June 30, 2001 (File No. 1-7259)); Articles of Amendment
to
|
||
Articles
of Incorporation of Southwest (incorporated by
|
||
reference
to Exhibit 3.1 to Southwest’s Quarterly Report on Form 10-Q for
the
|
||
quarter
ended June 30, 2007 (File No. 1-7259)).
|
||
3.2
|
Amended
and Restated Bylaws of Southwest, effective January 15,
|
|
2009
(incorporated by reference to Exhibit 3.1 to Southwest’s Current
Report
|
||
on
Form 8-K dated January 15, 2009 (File
No. 1-7259)).
|
||
10.1
|
Supplemental
Agreement No. 62 to Purchase Agreement No. 1810,
|
|
dated
January 19, 1994, between The Boeing Company and Southwest
(1)
|
||
10.2
|
Supplemental
Agreement No. 63 to Purchase Agreement No. 1810,
|
|
dated
January 19, 1994, between The Boeing Company and Southwest
(1)
|
||
31.1
|
Rule
13a-14(a) Certification of Chief Executive Officer
|
|
31.2
|
Rule
13a-14(a) Certification of Chief Financial Officer
|
|
32.1
|
Section
1350 Certifications of Chief Executive Officer and Chief
Financial
|
|
Officer
|
MSN
|
Previous
Contract Delivery Month
|
New
Contract Delivery Month
|
36658
|
January
2010
|
May
2016
|
36916
|
February
2010
|
June
2016
|
36921
|
April
2010
|
July
2016
|
36661
|
April
2010
|
August
2016
|
36923
|
May
2010
|
September
2016
|
36666
|
September
2010
|
October
2016
|
36670
|
March
2011
|
November
2016
|
September
2012
|
December
2017
|
THE
BOEING COMPANY
|
SOUTHWEST
AIRLINES CO.
|
By:
/s/ Nobuko
Wiles
|
By:
/s/ Scott
Toppping
|
Its:
Attorney-In-Fact
|
Its:
Vice President
Treasurer
|
Page
|
SA
|
||
Number
|
Number
|
||
ARTICLES
|
|||
1.
|
Subject
Matter of Sale
|
1-1
|
SA-13
|
2.
|
Delivery,
Title and Risk
|
||
of
Loss
|
2-1
|
SA-28
|
|
3.
|
Price
of Aircraft
|
3-1
|
SA-47
|
4.
|
Taxes
|
4-1
|
|
5.
|
Payment
|
5-1
|
|
6.
|
Excusable
Delay
|
6-1
|
|
7.
|
Changes
to the Detail
|
||
Specification
|
7-1
|
SA-1
|
|
8.
|
Federal
Aviation Requirements and
|
||
Certificates
and Export License
|
8-1
|
||
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
|
15.
|
Miscellaneous
|
15-1
|
SA
|
||
Number
|
||
RESTRICTED LETTER
AGREEMENTS
|
||
6-1162-RLL-932R2
|
Promotional
Support
|
SA-13
|
6-1162-RLL-933R21
|
Option
Aircraft
|
SA-60
|
6-1162-RLL-934R3
|
Disclosure
of Confidential
|
SA-14
|
Information
|
||
6-1162-RLL-935R1
|
Performance
Guarantees
|
SA-1
|
6-1162-NIW-890
|
***
|
SA-39
|
6-1162-RLL-936R4
|
Certain
Contractual Matters
|
SA-4
|
6-1162-RLL-937
|
Alternate
Advance Payment Schedule
|
|
6-1162-RLL-938
|
***
|
|
6-1162-RLL-939R1
|
Certification
Flight Test Aircraft
|
SA-1
|
6-1162-RLL-940R1
|
Training
Matters
|
SA-1
|
6-1162-RLL-941R2
|
Other
Matters
|
SA-13
|
6-1162-RLL-942
|
Open
Configuration Matters
|
|
6-1162-RLL-943R1
|
Substitution
Rights
|
SA-6
|
6-1162-RLL-944
|
***
|
|
6-1162-RLL-945
|
Comparison
of 737-7H4 and 737-3H4 Block Fuel Burn
|
|
6-1162-RLL-1855R3
|
Additional
Contractual Matters
|
SA-4
|
6-1162-RLL-1856
|
***
|
SA-1
|
6-1162-RLL-1857
|
Service
Ready Validation Program
|
SA-1
|
Field
Test
|
6-1162-RLL-1858R1
|
Escalation
Matters
|
SA-4
|
SA
|
||
Number
|
||
RESTRICTED LETTER
AGREEMENTS
|
||
6-1162-RLL-2036
|
Amortization
of Costs for
|
|
Customer
Unique Changes
|
SA-1
|
|
6-1162-RLL-2037
|
Reconciliation
of the Aircraft
|
SA-1
|
Basic
Price
|
||
6-1162-RLL-2073
|
Maintenance
Training Matters
|
SA-1
|
6-1162-KJJ-054R1
|
Business
Matters
|
|
6-1162-KJJ-055R1
|
Structural
Matters
|
SA-25
|
6-1162-KJJ-056
|
Noise
and Emission Matters
|
SA-13
|
6-1162-KJJ-057
|
Product
Development Matters
|
SA-13
|
6-1162-KJJ-058
|
Additional
Substitution Rights
|
SA-13
|
6-1162-KJJ-150
|
Flight
Control Computer & Mode
|
SA-14
|
Control
Panel Spares Matter
|
||
6-1162-MSA-185R3
|
Delivery
Change Contractual
|
SA-21
|
Matters
|
||
6-1162-JMG-669R9
|
***
|
SA-54
|
6-1162-JMG-747R1
|
***
|
SA-36
|
6-1162-CHL-217
|
Rescheduled
Flight Test Aircraft
|
SA-32
|
6-1162-NIW-606R1
|
***
|
SA-36
|
6-1162-NIW-640
|
Early
Delivery of Two April 2004
|
SA-35
|
Aircraft
|
||
6-1162-NIW-889
|
Warranty
- Exterior Color Schemes SA-39
|
|
and
Markings for YA143 and on
|
||
6-1162-NIW-1142
|
***
|
SA-43
|
6-1162-NIW-1369
|
***
|
SA-46
|
6-1162-NIW-1983
|
***
|
SA-62
|
Base
Aircraft Price
|
Special
Features
|
Aircraft
Basic Price
|
Base
Year Dollars
|
|||
Block
A, B, C, D & E Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
F & G Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
H Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
I Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
J Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
K Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
K-W Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
L Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
T Aircraft
|
***
|
***
|
***
|
July
1999
|
||
Block
T-W Aircraft
|
***
|
***
|
***
|
July
1999
|
||
Block
T-W-1 / T-W-1a Aircraft
|
***
|
***
|
***
|
July
1999
|
||
Block
T-W-2 / T-W-2a Aircraft
|
***
|
***
|
|
***
|
July
1999
|
|
Block
K-W Aircraft: Block K airplanes with production winglets
installation
|
||||||
Block
T-W Aircraft: Block T airplanes with production winglets
installation
|
||||||
Block
T-W-1 / T-W-1a Aircraft: Firm Aircraft contracted to deliver
from May 1, 2006 through June 2008 at the signing
|
||||||
of
SA-47 -- (T-W-1a Aircraft -- Advance Payment Schedule per LA
6-1162-JGM-669)
|
||||||
Block
T-W-2 / T-W-2a Aircraft: U-W-1 Option Aircraft which became Firm Aircraft
after signing of SA-47 and
|
||||||
Firm
Aircraft contracted to deliver in July 2008 forward at the signing of SA47
--
|
||||||
(T-W-2a
Aircraft -- Advance Payment Schedule per LA
6-1162-JGM-669)
|
||||||
*
Exhibit A-2 applies to Block T-W-2 / T-W-2a Aircraft delivering through
Dec 2009 and the first Aircraft delivering in Jan 2010
|
||||||
*
Exhibit A-3 applies to Block T-W-2 / T-W-2a Aircraft the second Aircraft
delivering in Jan 2010 and on
|
Escalation
Estimate
|
|||||
Delivery
|
Number
of
|
Aircraft
|
Adv
Payment Base
|
||
Date
|
Aircraft
|
Block
|
Price
Per A/P
|
Serial
Number
|
|
Dec-2000
|
2
|
E
|
***
|
||
Jan-2001
|
1
|
E
|
***
|
||
Feb-2001
|
1
|
E
|
***
|
||
Mar-2001
|
2
|
E
|
***
|
||
Jun-2001
|
3
|
E
|
***
|
||
Sep-2001
|
3
|
E
|
***
|
||
Oct-1998
|
1
|
F
|
***
|
||
Nov-1998
|
2
|
F
|
***
|
||
Dec-1998
|
2
|
F
|
***
|
||
Mar-1999
|
2
|
G
|
***
|
||
Jun-1999
|
2
|
H
|
***
|
||
Jul-1999
|
1
|
H
|
***
|
||
Aug-1999
|
1
|
H
|
***
|
||
Sep-1999
|
2
|
H
|
***
|
||
Oct-1999
|
1
|
H
|
***
|
||
Mar-2000
|
1
|
H
|
***
|
||
Apr-2000
|
2
|
H
|
***
|
||
Sep-2000
|
1
|
H
|
***
|
||
Oct-2000
|
2
|
H
|
***
|
||
Mar-2001
|
2
|
H
|
***
|
||
Apr-2001
|
1
|
H
|
***
|
||
Oct-2001
|
3
|
H
|
***
|
||
Nov-2001
|
2
|
I
|
***
|
||
Dec-2001
|
1
|
I
|
***
|
||
Jan-2002
|
1
|
I
|
***
|
||
Mar-2002
|
4
|
I
|
***
|
||
Apr-2002
|
2
|
I
|
***
|
||
Dec-2002
|
2
|
I
|
***
|
||
May-2003
|
1
|
I
|
***
|
||
Jun-2003
|
2
|
I
|
***
|
||
Jul-2003
|
1
|
I
|
***
|
||
Aug-2003
|
1
|
I
|
***
|
||
Sep-2003
|
3
|
I
|
***
|
||
Nov-2002
|
1
|
J
|
***
|
||
Dec-2002
|
1
|
J
|
***
|
||
Nov-2003
|
2
|
J
|
***
|
||
Dec-2003
|
2
|
J
|
***
|
||
Mar-2004
|
1
|
J
|
***
|
||
Mar-2004
|
1
|
K
|
***
|
||
Apr-2004
|
3
|
K
|
***
|
||
May-2004
|
1
|
K
|
***
|
||
Jun-2004
|
2
|
K
|
***
|
||
Jul-2004
|
2
|
K
|
***
|
||
Sep-2004
|
1
|
K-W
|
***
|
||
Oct-2004
|
4
|
K-W
|
***
|
Oct-1999
|
1
|
L
|
***
|
||
Nov-1999
|
2
|
L
|
***
|
||
Dec-1999
|
1
|
L
|
***
|
||
Jun-2000
|
3
|
L
|
***
|
||
Jul-2000
|
3
|
L
|
***
|
||
Sep-2000
|
1
|
L
|
***
|
||
Oct-2000
|
1
|
L
|
***
|
||
Nov-2000
|
4
|
L
|
***
|
||
Dec-2000
|
1
|
L
|
***
|
||
Jan-2001
|
1
|
L
|
***
|
||
Feb-2001
|
1
|
L
|
***
|
||
Jul-2001
|
1
|
L
|
***
|
||
Sep-2001
|
1
|
L
|
***
|
||
Oct-2001
|
1
|
L
|
***
|
||
Mar-2003
|
2
|
L
|
***
|
||
Jul-2003
|
1
|
L
|
***
|
||
Aug-2003
|
2
|
L
|
***
|
||
Nov-2001
|
1
|
T
|
***
|
||
Feb-2002
|
1
|
T
|
***
|
||
Jan-2004
|
2
|
T
|
***
|
||
Feb-2004
|
1
|
T
|
***
|
||
Apr-2004
|
3
|
T
|
***
|
||
May-2004
|
1
|
T
|
***
|
||
Jun-2004
|
6
|
T
|
***
|
||
Jul-2004
|
2
|
T
|
***
|
||
Aug-2004
|
6
|
T-W
|
***
|
||
Sep-2004
|
4
|
T-W
|
***
|
||
Oct-2004
|
0
|
T-W
|
***
|
||
Nov-2004
|
3
|
T-W
|
***
|
||
Dec-2004
|
3
|
T-W
|
***
|
||
Jan-2005
|
5
|
T-W
|
***
|
||
Feb-2005
|
3
|
T-W
|
***
|
||
Mar-2005
|
4
|
T-W
|
***
|
||
Apr-2005
|
4
|
T-W
|
***
|
||
May-2005
|
2
|
T-W
|
***
|
||
Jun-2005
|
4
|
T-W
|
***
|
||
Jul-2005
|
2
|
T-W
|
***
|
||
Aug-2005
|
2
|
T-W
|
***
|
||
Sep-2005
|
3
|
T-W
|
***
|
||
Oct-2005
|
2
|
T-W
|
***
|
||
Nov-2005
|
2
|
T-W
|
***
|
||
Dec-2005
|
1
|
T-W
|
***
|
||
Jan-2006
|
1
|
T-W
|
***
|
||
Feb-2006
|
4
|
T-W
|
***
|
||
Mar-2006
|
3
|
T-W
|
***
|
||
Apr-2006
|
2
|
T-W
|
***
|
||
May-2006
|
5
|
T-W-1
|
***
|
||
Jun-2006
|
5
|
T-W-1
|
***
|
||
Jul-2006
|
3
|
T-W-1
|
***
|
Aug-2006
|
3
|
T-W-1
|
***
|
||
Sep-2006
|
3
|
T-W-1
|
***
|
||
Oct-2006
|
1
|
T-W-1
|
***
|
||
Nov-2006
|
2
|
T-W-1
|
***
|
||
Dec-2006
|
2
|
T-W-1
|
***
|
||
Jan-2007
|
2
|
T-W-1
|
***
|
||
Feb-2007
|
3
|
T-W-1
|
***
|
||
Mar-2007
|
2
|
T-W-1
|
***
|
||
Apr-2007
|
3
|
T-W-1
|
***
|
||
May-2007
|
3
|
T-W-1
|
***
|
||
Jun-2007
|
2
|
T-W-1
|
***
|
||
Jun-2007
|
1
|
T-W-1a
|
***
|
36528
|
|
Jul-2007
|
2
|
T-W-1
|
***
|
||
Jul-2007
|
1
|
T-W-1a
|
***
|
36610
|
|
Aug-2007
|
2
|
T-W-1
|
***
|
||
Aug-2007
|
3
|
T-W-1a
|
***
|
36611,
36632 & 36633
|
|
Sep-2007
|
2
|
T-W-1
|
***
|
||
Sep-2007
|
1
|
T-W-1a
|
***
|
36612
|
|
Oct-2007
|
3
|
T-W-1
|
***
|
||
Oct-2007
|
1
|
T-W-1a
|
***
|
36613
|
|
Nov-2007
|
1
|
T-W-1
|
***
|
||
Nov-2007
|
1
|
T-W-1a
|
***
|
36614
|
|
Dec-2007
|
2
|
T-W-1
|
***
|
||
Dec-2007
|
1
|
T-W-1a
|
***
|
36615
|
|
Jan-2008
|
1
|
T-W-1
|
***
|
||
Jan-2008
|
2
|
T-W-1a
|
***
|
36616
& 36617
|
|
Jan-2008
|
1
|
T-W-2
|
***
|
36887
|
|
Feb-2008
|
1
|
T-W-1
|
***
|
||
Feb-2008
|
3
|
T-W-1a
|
***
|
36618,
36619 & 36620
|
|
Mar-2008
|
1
|
T-W-1
|
***
|
||
Mar-2008
|
2
|
T-W-1a
|
***
|
36621
& 36622
|
|
Mar-2008
|
1
|
T-W-2
|
***
|
36888
|
|
Apr-2008
|
1
|
T-W-1
|
***
|
||
Apr-2008
|
2
|
T-W-1a
|
***
|
36623
& 36624
|
|
May-2008
|
1
|
T-W-1
|
***
|
||
May-2008
|
2
|
T-W-1a
|
***
|
36625
& 36626
|
|
Jun-2008
|
1
|
T-W-1
|
***
|
||
Jun-2008
|
2
|
T-W-1a
|
***
|
36627
& 36628
|
|
Jul-2008
|
2
|
T-W-2a
|
***
|
||
Jul-2008
|
2
|
T-W-2
|
***
|
36889
& 36890
|
|
Aug-2008
|
1
|
T-W-2a
|
***
|
||
Oct-2008
|
1
|
T-W-2a
|
***
|
||
Nov-2008
|
1
|
T-W-2a
|
***
|
||
Dec-2008
|
1
|
T-W-2a
|
***
|
||
Jan-2009
|
1
|
T-W-2a
|
***
|
||
Feb-2009
|
2
|
T-W-2a
|
***
|
||
Mar-2009
|
2
|
T-W-2a
|
***
|
||
Apr-2009
|
2
|
T-W-2a
|
***
|
||
Apr-2009
|
1
|
T-W-2
|
***
|
36900
|
May-2009
|
2
|
T-W-2a
|
***
|
||
Jan-2010
|
1
|
T-W-2
|
***
|
36913
|
|
Feb-2010
|
1
|
T-W-2a
|
***
|
||
Mar-2010
|
1
|
T-W-2a
|
***
|
||
Mar-2010
|
1
|
T-W-2
|
***
|
36918
|
|
May-2010
|
1
|
T-W-2a
|
***
|
||
May-2010
|
1
|
T-W-2
|
***
|
36924
|
|
Jun-2010
|
1
|
T-W-2a
|
***
|
||
Jul-2010
|
1
|
T-W-2a
|
***
|
||
Aug-2010
|
1
|
T-W-2a
|
***
|
||
Oct-2010
|
1
|
T-W-2a
|
***
|
||
Jan-2011
|
1
|
T-W-2a
|
***
|
||
Feb-2011
|
1
|
T-W-2a
|
***
|
||
Apr-2011
|
1
|
T-W-2a
|
***
|
||
May-2011
|
1
|
T-W-2a
|
***
|
||
Jun-2011
|
1
|
T-W-2a
|
***
|
||
Jul-2011
|
1
|
T-W-2a
|
***
|
||
Aug-2011
|
1
|
T-W-2a
|
***
|
||
Sep-2011
|
1
|
T-W-2a
|
***
|
||
Oct-2011
|
1
|
T-W-2a
|
***
|
||
Oct-2011
|
1
|
T-W-2
|
***
|
36966
|
|
Nov-2011
|
1
|
T-W-2
|
***
|
36968
|
|
Dec-2011
|
1
|
T-W-2
|
***
|
36971
|
|
Jan-2012
|
1
|
T-W-2a
|
***
|
||
Feb-2012
|
1
|
T-W-2a
|
***
|
||
Mar-2012
|
1
|
T-W-2a
|
***
|
||
Apr-2012
|
1
|
T-W-2a
|
***
|
||
May-2012
|
1
|
T-W-2a
|
***
|
||
Jun-2012
|
1
|
T-W-2a
|
***
|
||
Jul-2012
|
1
|
T-W-2a
|
***
|
||
Aug-2012
|
1
|
T-W-2a
|
***
|
||
Sep-2012
|
1
|
T-W-2a
|
***
|
||
Oct-2012
|
1
|
T-W-2a
|
***
|
||
Oct-2012
|
1
|
T-W-2
|
***
|
36997
|
|
Nov-2012
|
1
|
T-W-2
|
***
|
37005
|
|
Dec-2012
|
1
|
T-W-2
|
***
|
37006
|
|
Jan-2013
|
1
|
T-W-2
|
***
|
36891
|
|
Jan-2013
|
1
|
T-W-2a
|
***
|
||
Feb-2013
|
1
|
T-W-2a
|
***
|
||
Mar-2013
|
1
|
T-W-2a
|
***
|
||
Mar-2013
|
1
|
T-W-2
|
***
|
||
Apr-2013
|
1
|
T-W-2
|
***
|
||
May-2013
|
1
|
T-W-2
|
***
|
||
Jun-2013
|
2
|
T-W-2
|
***
|
||
Jul-2013
|
1
|
T-W-2
|
***
|
||
Aug-2013
|
2
|
T-W-2
|
***
|
||
Sep-2013
|
2
|
T-W-2
|
***
|
||
Oct-2013
|
2
|
T-W-2
|
***
|
||
Nov-2013
|
1
|
T-W-2
|
***
|
Dec-2013
|
2
|
T-W-2
|
***
|
||
Jan-2014
|
1
|
T-W-2
|
***
|
||
Feb-2014
|
1
|
T-W-2
|
***
|
||
Mar-2014
|
1
|
T-W-2
|
***
|
||
Apr-2014
|
1
|
T-W-2
|
***
|
||
May-2014
|
1
|
T-W-2
|
***
|
||
Jun-2014
|
1
|
T-W-2
|
***
|
||
Jul-2014
|
1
|
T-W-2
|
***
|
||
Aug-2014
|
2
|
T-W-2
|
***
|
36928,
36952
|
|
Sep-2014
|
1
|
T-W-2
|
***
|
||
Oct-2014
|
1
|
T-W-2
|
***
|
||
Jan-2015
|
1
|
T-W-2
|
***
|
36899
|
|
Feb-2015
|
1
|
T-W-2
|
***
|
36901
|
|
Mar-2015
|
2
|
T-W-2
|
***
|
36902,
36936
|
|
Apr-2015
|
2
|
T-W-2a
|
***
|
36649,
36652
|
|
May-2015
|
1
|
T-W-2
|
***
|
36903
|
|
Jun-2015
|
1
|
T-W-2
|
***
|
36906
|
|
Jun-2015
|
1
|
T-W-2a
|
***
|
36654
|
|
Jul-2015
|
1
|
T-W-2a
|
***
|
36655
|
|
Aug-2015
|
1
|
T-W-2a
|
***
|
36656
|
|
Sep-2015
|
1
|
T-W-2a
|
***
|
36657
|
|
Oct-2015
|
1
|
T-W-2
|
***
|
36937
|
|
Dec-2015
|
1
|
T-W-2
|
***
|
36941
|
|
Jan-2016
|
1
|
T-W-2a
|
***
|
36650
|
|
Feb-2016
|
1
|
T-W-2
|
***
|
36904
|
|
Feb-2016
|
1
|
T-W-2
|
***
|
36932
|
|
Mar-2016
|
1
|
T-W-2a
|
***
|
36651
|
|
Apr-2016
|
1
|
T-W-2a
|
***
|
36653
|
|
May-2016
|
1
|
T-W-2a
|
***
|
36658
|
|
Jun-2016
|
1
|
T-W-2
|
***
|
36916
|
|
Jul-2016
|
1
|
T-W-2
|
***
|
36921
|
|
Aug-2016
|
1
|
T-W-2a
|
***
|
36661
|
|
Sep-2016
|
1
|
T-W-2
|
***
|
36923
|
|
Oct-2016
|
1
|
T-W-2a
|
***
|
36666
|
|
Nov-2016
|
1
|
T-W-2a
|
***
|
36670
|
Aircraft
|
Number
of
|
Option
|
Adv
Payment
Base
*
|
|||
Delivery
|
Option
|
Aircraft
|
Price
Per
|
|||
Mo.
& Yr.
|
Aircraft
|
Block
|
Option
Aircraft
|
Option
Exercise
|
||
Feb-2011
|
2
|
U-W-1
|
***
|
October
1, 2009
|
||
Mar-2011
|
1
|
U-W-1
|
***
|
November
2, 2009
|
||
May-2011
|
1
|
U-W-1
|
***
|
January
1, 2010
|
||
Jun-2011
|
1
|
U-W-1
|
***
|
February
1, 2010
|
||
Jul-2011
|
1
|
U-W-1
|
***
|
March
1, 2010
|
||
Aug-2011
|
2
|
U-W-1
|
***
|
April
1, 2010
|
||
Sep-2011
|
1
|
U-W-1
|
***
|
May
3, 2010
|
||
Oct-2011
|
1
|
U-W-1
|
***
|
June
1, 2010
|
||
Jan-2012
|
1
|
U-W-1
|
***
|
September
1, 2010
|
||
Feb-2012
|
1
|
U-W-1
|
***
|
October
1, 2010
|
||
Mar-2012
|
1
|
U-W-1
|
***
|
November
1, 2010
|
||
Apr-2012
|
1
|
U-W-1
|
***
|
December
1, 2010
|
||
May-2012
|
1
|
U-W-1
|
***
|
January
3, 2011
|
||
Jun-2012
|
1
|
U-W-1
|
***
|
February
1, 2011
|
||
Jul-2012
|
1
|
U-W-1
|
***
|
March
1, 2011
|
||
Aug-2012
|
1
|
U-W-1
|
***
|
April
1, 2011
|
||
Sep-2012
|
1
|
U-W-1
|
***
|
May
2, 2011
|
||
Oct-2012
|
1
|
U-W-1
|
***
|
June
1, 2011
|
||
Nov-2012
|
2
|
U-W-1
|
***
|
July
1, 2011
|
||
Dec-2012
|
1
|
U-W-1
|
***
|
August
1, 2011
|
||
Feb-2013
|
1
|
U-W-1
|
***
|
October
1, 2011
|
||
Jan-2014
|
1
|
U-W-1
|
***
|
September
1, 2012
|
||
Feb-2014
|
1
|
U-W-1
|
***
|
October
1, 2012
|
||
Mar-2014
|
2
|
U-W-1
|
***
|
November
1, 2012
|
||
Apr-2014
|
2
|
U-W-1
|
***
|
December
1, 2012
|
||
Sep-2014
|
1
|
U-W-1
|
***
|
May
1, 2013
|
||
Jan-2015
|
1
|
U-W-1
|
***
|
September
1, 2013
|
||
Feb-2015
|
1
|
U-W-1
|
***
|
October
1, 2013
|
||
Oct-2015
|
1
|
U-W-1
|
***
|
June
1, 2014
|
||
Jan-2016
|
1
|
U-W-1
|
***
|
September
1, 2014
|
||
Mar-2016
|
1
|
U-W-1
|
***
|
November
3, 2014
|
||
Apr-2016
|
1
|
U-W-1
|
***
|
December
1, 2014
|
||
May-2016
|
1
|
U-W-1
|
***
|
January
1, 2015
|
||
Jun-2016
|
1
|
U-W-1
|
***
|
February
2, 2015
|
||
Jul-2016
|
1
|
U-W-1
|
***
|
March
2, 2015
|
||
Aug-2016
|
1
|
U-W-1
|
***
|
April
1, 2015
|
||
Sep-2016
|
1
|
U-W-1
|
***
|
May
1, 2015
|
||
Oct-2016
|
1
|
U-W-1
|
***
|
June
1, 2015
|
||
Nov-2016
|
1
|
U-W-1
|
***
|
July
1, 2015
|
||
Dec-2016
|
1
|
U-W-1
|
***
|
August
3, 2015
|
||
Jan-2017
|
1
|
U-W-1
|
***
|
September
1, 2015
|
||
Feb-2017
|
1
|
U-W-1
|
***
|
October
1, 2015
|
Mar-2017
|
1
|
U-W-1
|
***
|
November
2, 2015
|
||
Apr-2017
|
1
|
U-W-1
|
***
|
December
1, 2015
|
||
May-2017
|
1
|
U-W-1
|
***
|
Janaury
1, 2016
|
||
Jun-2017
|
1
|
U-W-1
|
***
|
February
1, 2016
|
||
Jul-2017
|
1
|
U-W-1
|
***
|
March
1, 2016
|
||
Aug-2017
|
2
|
U-W-1
|
***
|
April
1, 2016
|
||
Sep-2017
|
2
|
U-W-1
|
***
|
May
2, 2016
|
||
Oct-2017
|
2
|
U-W-1
|
***
|
June
1, 2016
|
||
Nov-2017
|
2
|
U-W-1
|
***
|
July
1, 2016
|
||
Dec-2017
|
2
|
U-W-1
|
***
|
August
1, 2016
|
||
Total
|
62
|
Reference:
|
Purchase
Agreement No. 1810 (Purchase Agreement) between The Boeing Company
(Boeing) and Southwest Airlines Co. (Buyer) relating to Model 737-7H4
aircraft (the Aircraft)
|
THE
BOEING COMPANY
|
By:
/s/ Nobuko
Wiles
|
Its:
Attorney-In-Fact
|
SOUTHWEST
AIRLINES CO.
|
By:
/s/ Scott
Toppping
|
Its:
Vice President
Treasurer
|
MSN
|
Previous
Contract Delivery Month
|
New
Contract Delivery Month
|
36968
|
November
2011
|
June
2014
|
36971
|
December
2011
|
November
2014
|
January
2012
|
January
2013
|
October
2012
|
April
2013
|
November
2012
|
May
2013
|
THE
BOEING COMPANY
|
SOUTHWEST
AIRLINES CO.
|
By:
/s/ Isabelle
Session
|
By:
/s/ Scott
Toppping
|
Its:
Attorney-In-Fact
|
Its:
Vice President
Treasurer
|
Page
|
SA
|
||
Number
|
Number
|
||
ARTICLES
|
|||
1.
|
Subject
Matter of Sale
|
1-1
|
SA-13
|
2.
|
Delivery,
Title and Risk
|
||
of
Loss
|
2-1
|
SA-28
|
|
3.
|
Price
of Aircraft
|
3-1
|
SA-47
|
4.
|
Taxes
|
4-1
|
|
5.
|
Payment
|
5-1
|
|
6.
|
Excusable
Delay
|
6-1
|
|
7.
|
Changes
to the Detail
|
||
Specification
|
7-1
|
SA-1
|
|
8.
|
Federal
Aviation Requirements and
|
||
Certificates
and Export License
|
8-1
|
||
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
|
|
15.
|
Miscellaneous
|
15-1
|
SA
|
||
Number
|
||
RESTRICTED LETTER
AGREEMENTS
|
||
6-1162-RLL-932R2
|
Promotional
Support
|
SA-13
|
6-1162-RLL-933R21
|
Option
Aircraft
|
SA-60
|
6-1162-RLL-934R3
|
Disclosure
of Confidential
|
SA-14
|
Information
|
||
6-1162-RLL-935R1
|
Performance
Guarantees
|
SA-1
|
6-1162-NIW-890
|
***
|
SA-39
|
6-1162-RLL-936R4
|
Certain
Contractual Matters
|
SA-4
|
6-1162-RLL-937
|
Alternate
Advance Payment Schedule
|
|
6-1162-RLL-938
|
***
|
|
6-1162-RLL-939R1
|
Certification
Flight Test Aircraft
|
SA-1
|
6-1162-RLL-940R1
|
Training
Matters
|
SA-1
|
6-1162-RLL-941R2
|
Other
Matters
|
SA-13
|
6-1162-RLL-942
|
Open
Configuration Matters
|
|
6-1162-RLL-943R1
|
Substitution
Rights
|
SA-6
|
6-1162-RLL-944
|
***
|
|
6-1162-RLL-945
|
Comparison
of 737-7H4 and 737-3H4
|
|
Block
Fuel Burn
|
||
6-1162-RLL-1855R3
|
Additional
Contractual Matters
|
SA-4
|
6-1162-RLL-1856
|
***
|
SA-1
|
6-1162-RLL-1857
|
Service
Ready Validation Program
|
SA-1
|
Field
Test
|
||
6-1162-RLL-1858R1
|
Escalation
Matters
|
SA-4
|
Base
Aircraft Price
|
Special
Features
|
Aircraft
Basic Price
|
Base
Year Dollars
|
|||
Block
A, B, C, D & E Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
F & G Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
H Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
I Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
J Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
K Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
K-W Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
L Aircraft
|
***
|
***
|
***
|
July
1992
|
||
Block
T Aircraft
|
***
|
***
|
***
|
July
1999
|
||
Block
T-W Aircraft
|
***
|
***
|
***
|
July
1999
|
||
Block
T-W-1 / T-W-1a Aircraft
|
***
|
***
|
***
|
July
1999
|
||
Block
T-W-2 / T-W-2a Aircraft
|
***
|
***
|
***
|
July
1999
|
||
Block
K-W Aircraft: Block K airplanes with production winglets
installation
|
||||||
Block
T-W Aircraft: Block T airplanes with production winglets
installation
|
||||||
Block
T-W-1 / T-W-1a Aircraft: Firm Aircraft contracted to deliver
from May 1, 2006 through June 2008 at the signing
|
||||||
of
SA-47 -- (T-W-1a Aircraft -- Advance Payment Schedule per LA
6-1162-JGM-669)
|
||||||
Block
T-W-2 / T-W-2a Aircraft: U-W-1 Option Aircraft which became Firm Aircraft
after signing of SA-47 and
|
||||||
Firm
Aircraft contracted to deliver in July 2008 forward at the signing of SA47
--
|
||||||
(T-W-2a
Aircraft -- Advance Payment Schedule per LA
6-1162-JGM-669)
|
||||||
*
Exhibit A-2 applies to Block T-W-2 / T-W-2a Aircraft delivering through
Dec 2009 and the first Aircraft delivering in Jan 2010
|
||||||
*
Exhibit A-3 applies to Block T-W-2 / T-W-2a Aircraft the second Aircraft
delivering in Jan 2010 and on
|
Escalation
Estimate
|
|||||
Delivery
|
Number
of
|
Aircraft
|
Adv
Payment Base
|
||
Date
|
Aircraft
|
Block
|
Price
Per A/P
|
Serial
Number
|
|
Oct-1998
|
1
|
F
|
***
|
||
Nov-1998
|
2
|
F
|
***
|
||
Dec-1998
|
2
|
F
|
***
|
||
Mar-1999
|
2
|
G
|
***
|
||
Jun-1999
|
2
|
H
|
***
|
||
Jul-1999
|
1
|
H
|
***
|
||
Aug-1999
|
1
|
H
|
***
|
||
Sep-1999
|
2
|
H
|
***
|
||
Oct-1999
|
1
|
H
|
***
|
||
Oct-1999
|
1
|
L
|
***
|
||
Nov-1999
|
2
|
L
|
***
|
||
Dec-1999
|
1
|
L
|
***
|
||
Mar-2000
|
1
|
H
|
***
|
||
Apr-2000
|
2
|
H
|
***
|
||
Jun-2000
|
3
|
L
|
***
|
||
Jul-2000
|
3
|
L
|
***
|
||
Sep-2000
|
1
|
H
|
***
|
||
Sep-2000
|
1
|
L
|
***
|
||
Oct-2000
|
2
|
H
|
***
|
||
Oct-2000
|
1
|
L
|
***
|
||
Nov-2000
|
4
|
L
|
***
|
||
Dec-2000
|
2
|
E
|
***
|
||
Dec-2000
|
1
|
L
|
***
|
||
Jan-2001
|
1
|
E
|
***
|
||
Jan-2001
|
1
|
L
|
***
|
||
Feb-2001
|
1
|
E
|
***
|
||
Feb-2001
|
1
|
L
|
***
|
||
Mar-2001
|
2
|
E
|
***
|
||
Mar-2001
|
2
|
H
|
***
|
||
Apr-2001
|
1
|
H
|
***
|
||
Jun-2001
|
3
|
E
|
***
|
||
Jul-2001
|
1
|
L
|
***
|
||
Sep-2001
|
3
|
E
|
***
|
||
Sep-2001
|
1
|
L
|
***
|
||
Oct-2001
|
3
|
H
|
***
|
||
Oct-2001
|
1
|
L
|
***
|
||
Nov-2001
|
2
|
I
|
***
|
||
Nov-2001
|
1
|
T
|
***
|
||
Dec-2001
|
1
|
I
|
***
|
||
Jan-2002
|
1
|
I
|
***
|
||
Feb-2002
|
1
|
T
|
***
|
||
Mar-2002
|
4
|
I
|
***
|
||
Apr-2002
|
2
|
I
|
***
|
||
Nov-2002
|
1
|
J
|
***
|
Dec-2002
|
2
|
I
|
***
|
||
Dec-2002
|
1
|
J
|
***
|
||
Mar-2003
|
2
|
L
|
***
|
||
May-2003
|
1
|
I
|
***
|
||
Jun-2003
|
2
|
I
|
***
|
||
Jul-2003
|
1
|
I
|
***
|
||
Jul-2003
|
1
|
L
|
***
|
||
Aug-2003
|
1
|
I
|
***
|
||
Aug-2003
|
2
|
L
|
***
|
||
Sep-2003
|
3
|
I
|
***
|
||
Nov-2003
|
2
|
J
|
***
|
||
Dec-2003
|
2
|
J
|
***
|
||
Jan-2004
|
2
|
T
|
***
|
||
Feb-2004
|
1
|
T
|
***
|
||
Mar-2004
|
1
|
J
|
***
|
||
Mar-2004
|
1
|
K
|
***
|
||
Apr-2004
|
3
|
K
|
***
|
||
Apr-2004
|
3
|
T
|
***
|
||
May-2004
|
1
|
K
|
***
|
||
May-2004
|
1
|
T
|
***
|
||
Jun-2004
|
2
|
K
|
***
|
||
Jun-2004
|
6
|
T
|
***
|
||
Jul-2004
|
2
|
K
|
***
|
||
Jul-2004
|
2
|
T
|
***
|
||
Aug-2004
|
6
|
T-W
|
***
|
||
Sep-2004
|
1
|
K-W
|
***
|
||
Sep-2004
|
4
|
T-W
|
***
|
||
Oct-2004
|
4
|
K-W
|
***
|
||
Oct-2004
|
0
|
T-W
|
***
|
||
Nov-2004
|
3
|
T-W
|
***
|
||
Dec-2004
|
3
|
T-W
|
***
|
||
Jan-2005
|
5
|
T-W
|
***
|
||
Feb-2005
|
3
|
T-W
|
***
|
||
Mar-2005
|
4
|
T-W
|
***
|
||
Apr-2005
|
4
|
T-W
|
***
|
||
May-2005
|
2
|
T-W
|
***
|
||
Jun-2005
|
4
|
T-W
|
***
|
||
Jul-2005
|
2
|
T-W
|
***
|
||
Aug-2005
|
2
|
T-W
|
***
|
||
Sep-2005
|
3
|
T-W
|
***
|
||
Oct-2005
|
2
|
T-W
|
***
|
||
Nov-2005
|
2
|
T-W
|
***
|
||
Dec-2005
|
1
|
T-W
|
***
|
||
Jan-2006
|
1
|
T-W
|
***
|
||
Feb-2006
|
4
|
T-W
|
***
|
||
Mar-2006
|
3
|
T-W
|
***
|
||
Apr-2006
|
2
|
T-W
|
***
|
||
May-2006
|
5
|
T-W-1
|
***
|
Jun-2006
|
5
|
T-W-1
|
***
|
||
Jul-2006
|
3
|
T-W-1
|
***
|
||
Aug-2006
|
3
|
T-W-1
|
***
|
||
Sep-2006
|
3
|
T-W-1
|
***
|
||
Oct-2006
|
1
|
T-W-1
|
***
|
||
Nov-2006
|
2
|
T-W-1
|
***
|
||
Dec-2006
|
2
|
T-W-1
|
***
|
||
Jan-2007
|
2
|
T-W-1
|
***
|
||
Feb-2007
|
3
|
T-W-1
|
***
|
||
Mar-2007
|
2
|
T-W-1
|
***
|
||
Apr-2007
|
3
|
T-W-1
|
***
|
||
May-2007
|
3
|
T-W-1
|
***
|
||
Jun-2007
|
2
|
T-W-1
|
***
|
||
Jun-2007
|
1
|
T-W-1a
|
***
|
36528
|
|
Jul-2007
|
2
|
T-W-1
|
***
|
||
Jul-2007
|
1
|
T-W-1a
|
***
|
36610
|
|
Aug-2007
|
2
|
T-W-1
|
***
|
||
Aug-2007
|
3
|
T-W-1a
|
***
|
36611,
36632 & 36633
|
|
Sep-2007
|
2
|
T-W-1
|
***
|
||
Sep-2007
|
1
|
T-W-1a
|
***
|
36612
|
|
Oct-2007
|
3
|
T-W-1
|
***
|
||
Oct-2007
|
1
|
T-W-1a
|
***
|
36613
|
|
Nov-2007
|
1
|
T-W-1
|
***
|
||
Nov-2007
|
1
|
T-W-1a
|
***
|
36614
|
|
Dec-2007
|
2
|
T-W-1
|
***
|
||
Dec-2007
|
1
|
T-W-1a
|
***
|
36615
|
|
Jan-2008
|
1
|
T-W-1
|
***
|
||
Jan-2008
|
2
|
T-W-1a
|
***
|
36616
& 36617
|
|
Jan-2008
|
1
|
T-W-2
|
***
|
36887
|
|
Feb-2008
|
1
|
T-W-1
|
***
|
||
Feb-2008
|
3
|
T-W-1a
|
***
|
36618,
36619 & 36620
|
|
Mar-2008
|
1
|
T-W-1
|
***
|
||
Mar-2008
|
2
|
T-W-1a
|
***
|
36621
& 36622
|
|
Mar-2008
|
1
|
T-W-2
|
***
|
36888
|
|
Apr-2008
|
1
|
T-W-1
|
***
|
||
Apr-2008
|
2
|
T-W-1a
|
***
|
36623
& 36624
|
|
May-2008
|
1
|
T-W-1
|
***
|
||
May-2008
|
2
|
T-W-1a
|
***
|
36625
& 36626
|
|
Jun-2008
|
1
|
T-W-1
|
***
|
||
Jun-2008
|
2
|
T-W-1a
|
***
|
36627
& 36628
|
|
Jul-2008
|
2
|
T-W-2a
|
***
|
||
Jul-2008
|
2
|
T-W-2
|
***
|
36889
& 36890
|
|
Aug-2008
|
1
|
T-W-2a
|
***
|
||
Oct-2008
|
1
|
T-W-2a
|
***
|
||
Nov-2008
|
1
|
T-W-2a
|
***
|
||
Dec-2008
|
1
|
T-W-2a
|
***
|
||
Jan-2009
|
1
|
T-W-2a
|
***
|
||
Feb-2009
|
2
|
T-W-2a
|
***
|
Mar-2009
|
2
|
T-W-2a
|
***
|
||
Apr-2009
|
2
|
T-W-2a
|
***
|
||
Apr-2009
|
1
|
T-W-2
|
***
|
36900
|
|
May-2009
|
2
|
T-W-2a
|
***
|
||
Jan-2010
|
1
|
T-W-2
|
***
|
36913
|
|
Feb-2010
|
1
|
T-W-2a
|
***
|
||
Mar-2010
|
1
|
T-W-2a
|
***
|
||
Mar-2010
|
1
|
T-W-2
|
***
|
36918
|
|
May-2010
|
1
|
T-W-2a
|
***
|
||
May-2010
|
1
|
T-W-2
|
***
|
36924
|
|
Jun-2010
|
1
|
T-W-2a
|
***
|
||
Jul-2010
|
1
|
T-W-2a
|
***
|
||
Aug-2010
|
1
|
T-W-2a
|
***
|
||
Oct-2010
|
1
|
T-W-2a
|
***
|
||
Jan-2011
|
1
|
T-W-2a
|
***
|
||
Feb-2011
|
1
|
T-W-2a
|
***
|
||
Apr-2011
|
1
|
T-W-2a
|
***
|
||
May-2011
|
1
|
T-W-2a
|
***
|
||
Jun-2011
|
1
|
T-W-2a
|
***
|
||
Jul-2011
|
1
|
T-W-2a
|
***
|
||
Aug-2011
|
1
|
T-W-2a
|
***
|
||
Sep-2011
|
1
|
T-W-2a
|
***
|
||
Oct-2011
|
1
|
T-W-2a
|
***
|
||
Oct-2011
|
1
|
T-W-2
|
***
|
36966
|
|
Jan-2012
|
1
|
T-W-2a
|
***
|
||
Feb-2012
|
1
|
T-W-2a
|
***
|
||
Mar-2012
|
1
|
T-W-2a
|
***
|
||
Apr-2012
|
1
|
T-W-2a
|
***
|
||
May-2012
|
1
|
T-W-2a
|
***
|
||
Jun-2012
|
1
|
T-W-2a
|
***
|
||
Jul-2012
|
1
|
T-W-2a
|
***
|
||
Aug-2012
|
1
|
T-W-2a
|
***
|
||
Sep-2012
|
1
|
T-W-2a
|
***
|
||
Oct-2012
|
1
|
T-W-2a
|
***
|
||
Oct-2012
|
1
|
T-W-2
|
***
|
36997
|
|
Nov-2012
|
1
|
T-W-2
|
***
|
37005
|
|
Dec-2012
|
1
|
T-W-2
|
***
|
37006
|
|
Jan-2013
|
1
|
T-W-2
|
***
|
36891
|
|
Jan-2013
|
1
|
T-W-2a
|
***
|
||
Feb-2013
|
1
|
T-W-2a
|
***
|
||
Mar-2013
|
1
|
T-W-2a
|
***
|
||
Mar-2013
|
1
|
T-W-2
|
***
|
||
Apr-2013
|
1
|
T-W-2
|
***
|
||
May-2013
|
1
|
T-W-2
|
***
|
||
Jun-2013
|
2
|
T-W-2
|
***
|
||
Jul-2013
|
1
|
T-W-2
|
***
|
||
Aug-2013
|
2
|
T-W-2
|
***
|
||
Sep-2013
|
2
|
T-W-2
|
***
|
Oct-2013
|
2
|
T-W-2
|
***
|
||
Nov-2013
|
1
|
T-W-2
|
***
|
||
Dec-2013
|
2
|
T-W-2
|
***
|
||
Jan-2014
|
1
|
T-W-2
|
***
|
||
Feb-2014
|
1
|
T-W-2
|
***
|
||
Mar-2014
|
1
|
T-W-2
|
***
|
||
Apr-2014
|
1
|
T-W-2
|
***
|
||
May-2014
|
1
|
T-W-2
|
***
|
||
Jun-2014
|
1
|
T-W-2
|
***
|
36968
|
|
Jun-2014
|
1
|
T-W-2
|
***
|
||
Jul-2014
|
1
|
T-W-2
|
***
|
||
Aug-2014
|
2
|
T-W-2
|
***
|
36928,
36952
|
|
Sep-2014
|
1
|
T-W-2
|
***
|
||
Oct-2014
|
1
|
T-W-2
|
***
|
||
Nov-2014
|
1
|
T-W-2
|
***
|
36971
|
|
Jan-2015
|
1
|
T-W-2
|
***
|
36899
|
|
Feb-2015
|
1
|
T-W-2
|
***
|
36901
|
|
Mar-2015
|
2
|
T-W-2
|
***
|
36902,
36936
|
|
Apr-2015
|
2
|
T-W-2a
|
***
|
36649,
36652
|
|
May-2015
|
1
|
T-W-2
|
***
|
36903
|
|
Jun-2015
|
1
|
T-W-2
|
***
|
36906
|
|
Jun-2015
|
1
|
T-W-2a
|
***
|
36654
|
|
Jul-2015
|
1
|
T-W-2a
|
***
|
36655
|
|
Aug-2015
|
1
|
T-W-2a
|
***
|
36656
|
|
Sep-2015
|
1
|
T-W-2a
|
***
|
36657
|
|
Oct-2015
|
1
|
T-W-2
|
***
|
36937
|
|
Dec-2015
|
1
|
T-W-2
|
***
|
36941
|
|
Jan-2016
|
1
|
T-W-2a
|
***
|
36650
|
|
Feb-2016
|
1
|
T-W-2
|
***
|
36904
|
|
Feb-2016
|
1
|
T-W-2
|
***
|
36932
|
|
Mar-2016
|
1
|
T-W-2a
|
***
|
36651
|
|
Apr-2016
|
1
|
T-W-2a
|
***
|
36653
|
|
May-2016
|
1
|
T-W-2a
|
***
|
36658
|
|
Jun-2016
|
1
|
T-W-2
|
***
|
36916
|
|
Jul-2016
|
1
|
T-W-2
|
***
|
36921
|
|
Aug-2016
|
1
|
T-W-2a
|
***
|
36661
|
|
Sep-2016
|
1
|
T-W-2
|
***
|
36923
|
|
Oct-2016
|
1
|
T-W-2a
|
***
|
36666
|
|
Nov-2016
|
1
|
T-W-2a
|
***
|
36670
|
Price
Description of Option Aircraft:
|
|||||
Base
Aircraft Price
|
Special
Features
|
Aircraft
Basic Price
|
Base
Year Dollars
|
||
Block
U Option Aircraft
|
***
|
***
|
***
|
July
1999
|
|
(without
Winglets)
|
|||||
Block
U-W Option Aircraft
|
***
|
***
|
***
|
July
1999
|
|
(with
Winglets)
|
|||||
Block
U-W-1 Option Aircraft
|
***
|
***
|
***
|
July
1999
|
|
Delivery
of
Purchase
Right
Aircraft:
|
Quantity
|
54
|
|||
Delivery
Period of
Purchase Right
Aircraft:
|
Complete
delivery not later than Dec. 31, 2018
|
||||
Condition
of Offer for
Purchase Right
Aircraft:
|
Subject
to Available Position
|
||||
Remaining
Option Aircraft:
|
62
|
||||
Aircraft
|
Number
of
|
Option
|
Adv
Payment
Base
*
|
|||
Delivery
|
Option
|
Aircraft
|
Price
Per
|
|||
Mo.
& Yr.
|
Aircraft
|
Block
|
Option
Aircraft
|
Option
Exercise
|
||
Feb-2011
|
2
|
U-W-1
|
***
|
October
1, 2009
|
||
Mar-2011
|
1
|
U-W-1
|
***
|
November
2, 2009
|
||
May-2011
|
1
|
U-W-1
|
***
|
January
1, 2010
|
||
Jun-2011
|
1
|
U-W-1
|
***
|
February
1, 2010
|
||
Jul-2011
|
1
|
U-W-1
|
***
|
March
1, 2010
|
||
Aug-2011
|
2
|
U-W-1
|
***
|
April
1, 2010
|
||
Sep-2011
|
1
|
U-W-1
|
***
|
May
3, 2010
|
||
Oct-2011
|
1
|
U-W-1
|
***
|
June
1, 2010
|
||
Feb-2012
|
1
|
U-W-1
|
***
|
October
1, 2010
|
||
Mar-2012
|
1
|
U-W-1
|
***
|
November
1, 2010
|
||
Apr-2012
|
1
|
U-W-1
|
***
|
December
1, 2010
|
||
May-2012
|
1
|
U-W-1
|
***
|
January
3, 2011
|
||
Jun-2012
|
1
|
U-W-1
|
***
|
February
1, 2011
|
||
Jul-2012
|
1
|
U-W-1
|
***
|
March
1, 2011
|
||
Aug-2012
|
1
|
U-W-1
|
***
|
April
1, 2011
|
||
Sep-2012
|
1
|
U-W-1
|
***
|
May
2, 2011
|
||
Nov-2012
|
1
|
U-W-1
|
***
|
July
1, 2011
|
||
Dec-2012
|
1
|
U-W-1
|
***
|
August
1, 2011
|
||
Jan-2013
|
1
|
U-W-1
|
***
|
October
3, 2011
|
||
Feb-2013
|
1
|
U-W-1
|
***
|
October
3, 2011
|
||
Apr-2013
|
1
|
U-W-1
|
***
|
January
2, 2012
|
||
May-2013
|
1
|
U-W-1
|
***
|
February
1, 2012
|
||
Jan-2014
|
1
|
U-W-1
|
***
|
September
1, 2012
|
||
Feb-2014
|
1
|
U-W-1
|
***
|
October
1, 2012
|
||
Mar-2014
|
2
|
U-W-1
|
***
|
November
1, 2012
|
||
Apr-2014
|
2
|
U-W-1
|
***
|
December
1, 2012
|
||
Sep-2014
|
1
|
U-W-1
|
***
|
May
1, 2013
|
||
Jan-2015
|
1
|
U-W-1
|
***
|
September
1, 2013
|
||
Feb-2015
|
1
|
U-W-1
|
***
|
October
1, 2013
|
||
Nov-2015
|
1
|
U-W-1
|
***
|
July
1, 2014
|
||
Jan-2016
|
1
|
U-W-1
|
***
|
September
1, 2014
|
||
Mar-2016
|
1
|
U-W-1
|
***
|
November
3, 2014
|
||
Apr-2016
|
1
|
U-W-1
|
***
|
December
1, 2014
|
||
May-2016
|
1
|
U-W-1
|
***
|
January
1, 2015
|
||
Jun-2016
|
1
|
U-W-1
|
***
|
February
2, 2015
|
||
Jul-2016
|
1
|
U-W-1
|
***
|
March
2, 2015
|
||
Aug-2016
|
1
|
U-W-1
|
***
|
April
1, 2015
|
||
Sep-2016
|
1
|
U-W-1
|
***
|
May
1, 2015
|
||
Oct-2016
|
1
|
U-W-1
|
***
|
June
1, 2015
|
||
Nov-2016
|
1
|
U-W-1
|
***
|
July
1, 2015
|
||
Dec-2016
|
1
|
U-W-1
|
***
|
August
3, 2015
|
||
Jan-2017
|
1
|
U-W-1
|
***
|
September
1, 2015
|
||
Feb-2017
|
1
|
U-W-1
|
***
|
October
1, 2015
|
||
Mar-2017
|
1
|
U-W-1
|
***
|
November
2, 2015
|
Apr-2017
|
1
|
U-W-1
|
***
|
December
1, 2015
|
||
May-2017
|
1
|
U-W-1
|
***
|
Janaury
1, 2016
|
||
Jun-2017
|
1
|
U-W-1
|
***
|
February
1, 2016
|
||
Jul-2017
|
1
|
U-W-1
|
***
|
March
1, 2016
|
||
Aug-2017
|
2
|
U-W-1
|
***
|
April
1, 2016
|
||
Sep-2017
|
2
|
U-W-1
|
***
|
May
2, 2016
|
||
Oct-2017
|
2
|
U-W-1
|
***
|
June
1, 2016
|
||
Nov-2017
|
2
|
U-W-1
|
***
|
July
1, 2016
|
||
Dec-2017
|
2
|
U-W-1
|
***
|
August
1, 2016
|
||
Total
|
62
|
By:
|
/s/ Gary C. Kelly
|
Gary
C. Kelly
|
|
Chief
Executive Officer
|
|
By:
|
/s/ Laura H. Wright
|
Laura
H. Wright
|
|
Chief
Financial Officer
|
|
By:
|
/s/ Gary C. Kelly
|
Gary
C. Kelly
|
|
Chief
Executive Officer
|
|
By:
|
/s/ Laura H. Wright
|
Laura
H. Wright
|
|
Chief
Financial Officer
|
|