þ
|
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
|
For the quarterly period ended September 30, 2017
|
|
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)
|
Large accelerated filer
þ
|
Accelerated filer
¨
|
Non-accelerated filer
¨
(Do not check if a smaller reporting company)
|
Smaller reporting company
¨
|
|
Emerging growth company
¨
|
|
September 30, 2017
|
|
December 31, 2016
|
||||
ASSETS
|
|
|
|
||||
Current assets:
|
|
|
|
||||
Cash and cash equivalents
|
$
|
1,460
|
|
|
$
|
1,680
|
|
Short-term investments
|
1,580
|
|
|
1,625
|
|
||
Accounts and other receivables
|
579
|
|
|
546
|
|
||
Inventories of parts and supplies, at cost
|
438
|
|
|
337
|
|
||
Prepaid expenses and other current assets
|
223
|
|
|
310
|
|
||
Total current assets
|
4,280
|
|
|
4,498
|
|
||
|
|
|
|
||||
Property and equipment, at cost:
|
|
|
|
|
|
||
Flight equipment
|
21,004
|
|
|
20,275
|
|
||
Ground property and equipment
|
4,219
|
|
|
3,779
|
|
||
Deposits on flight equipment purchase contracts
|
1,118
|
|
|
1,190
|
|
||
Assets constructed for others
|
1,460
|
|
|
1,220
|
|
||
|
27,801
|
|
|
26,464
|
|
||
Less allowance for depreciation and amortization
|
9,645
|
|
|
9,420
|
|
||
|
18,156
|
|
|
17,044
|
|
||
Goodwill
|
970
|
|
|
970
|
|
||
Other assets
|
843
|
|
|
774
|
|
||
|
$
|
24,249
|
|
|
$
|
23,286
|
|
|
|
|
|
||||
LIABILITIES AND STOCKHOLDERS' EQUITY
|
|
|
|
|
|
||
Current liabilities:
|
|
|
|
|
|
||
Accounts payable
|
$
|
1,124
|
|
|
$
|
1,178
|
|
Accrued liabilities
|
1,593
|
|
|
1,985
|
|
||
Air traffic liability
|
3,932
|
|
|
3,115
|
|
||
Current maturities of long-term debt
|
316
|
|
|
566
|
|
||
Total current liabilities
|
6,965
|
|
|
6,844
|
|
||
|
|
|
|
||||
Long-term debt less current maturities
|
2,763
|
|
|
2,821
|
|
||
Deferred income taxes
|
3,697
|
|
|
3,374
|
|
||
Construction obligation
|
1,311
|
|
|
1,078
|
|
||
Other noncurrent liabilities
|
713
|
|
|
728
|
|
||
Stockholders' equity:
|
|
|
|
|
|
||
Common stock
|
808
|
|
|
808
|
|
||
Capital in excess of par value
|
1,436
|
|
|
1,410
|
|
||
Retained earnings
|
12,806
|
|
|
11,418
|
|
||
Accumulated other comprehensive loss
|
(136
|
)
|
|
(323
|
)
|
||
Treasury stock, at cost
|
(6,114
|
)
|
|
(4,872
|
)
|
||
Total stockholders' equity
|
8,800
|
|
|
8,441
|
|
||
|
$
|
24,249
|
|
|
$
|
23,286
|
|
|
Three months ended September 30,
|
|
Nine months ended September 30,
|
||||||||||||
|
2017
|
|
2016
|
|
2017
|
|
2016
|
||||||||
OPERATING REVENUES:
|
|
|
|
|
|
|
|
||||||||
Passenger
|
$
|
4,745
|
|
|
$
|
4,669
|
|
|
$
|
14,403
|
|
|
$
|
13,971
|
|
Freight
|
42
|
|
|
42
|
|
|
128
|
|
|
129
|
|
||||
Other
|
484
|
|
|
428
|
|
|
1,366
|
|
|
1,250
|
|
||||
Total operating revenues
|
5,271
|
|
|
5,139
|
|
|
15,897
|
|
|
15,350
|
|
||||
|
|
|
|
|
|
|
|
||||||||
OPERATING EXPENSES:
|
|
|
|
|
|
|
|
|
|
|
|
||||
Salaries, wages, and benefits
|
1,795
|
|
|
1,909
|
|
|
5,395
|
|
|
5,089
|
|
||||
Fuel and oil
|
1,003
|
|
|
941
|
|
|
2,915
|
|
|
2,696
|
|
||||
Maintenance materials and repairs
|
263
|
|
|
258
|
|
|
758
|
|
|
801
|
|
||||
Aircraft rentals
|
51
|
|
|
56
|
|
|
158
|
|
|
174
|
|
||||
Landing fees and other rentals
|
324
|
|
|
307
|
|
|
969
|
|
|
918
|
|
||||
Depreciation and amortization
|
302
|
|
|
315
|
|
|
939
|
|
|
903
|
|
||||
Other operating expenses
|
699
|
|
|
658
|
|
|
2,021
|
|
|
1,854
|
|
||||
Total operating expenses
|
4,437
|
|
|
4,444
|
|
|
13,155
|
|
|
12,435
|
|
||||
|
|
|
|
|
|
|
|
||||||||
OPERATING INCOME
|
834
|
|
|
695
|
|
|
2,742
|
|
|
2,915
|
|
||||
|
|
|
|
|
|
|
|
||||||||
OTHER EXPENSES (INCOME):
|
|
|
|
|
|
|
|
|
|
|
|
||||
Interest expense
|
28
|
|
|
31
|
|
|
84
|
|
|
93
|
|
||||
Capitalized interest
|
(15
|
)
|
|
(12
|
)
|
|
(38
|
)
|
|
(34
|
)
|
||||
Interest income
|
(9
|
)
|
|
(6
|
)
|
|
(24
|
)
|
|
(17
|
)
|
||||
Other (gains) losses, net
|
39
|
|
|
64
|
|
|
207
|
|
|
135
|
|
||||
Total other expenses (income)
|
43
|
|
|
77
|
|
|
229
|
|
|
177
|
|
||||
|
|
|
|
|
|
|
|
||||||||
INCOME BEFORE INCOME TAXES
|
791
|
|
|
618
|
|
|
2,513
|
|
|
2,738
|
|
||||
PROVISION FOR INCOME TAXES
|
288
|
|
|
230
|
|
|
913
|
|
|
1,016
|
|
||||
|
|
|
|
|
|
|
|
||||||||
NET INCOME
|
$
|
503
|
|
|
$
|
388
|
|
|
$
|
1,600
|
|
|
$
|
1,722
|
|
|
|
|
|
|
|
|
|
||||||||
NET INCOME PER SHARE, BASIC
|
$
|
0.84
|
|
|
$
|
0.63
|
|
|
$
|
2.65
|
|
|
$
|
2.73
|
|
|
|
|
|
|
|
|
|
||||||||
NET INCOME PER SHARE, DILUTED
|
$
|
0.84
|
|
|
$
|
0.62
|
|
|
$
|
2.64
|
|
|
$
|
2.70
|
|
|
|
|
|
|
|
|
|
||||||||
COMPREHENSIVE INCOME
|
$
|
630
|
|
|
$
|
517
|
|
|
$
|
1,787
|
|
|
$
|
2,274
|
|
|
|
|
|
|
|
|
|
||||||||
WEIGHTED AVERAGE SHARES OUTSTANDING
|
|
|
|
|
|
|
|
|
|
|
|||||
Basic
|
597
|
|
|
618
|
|
|
605
|
|
|
630
|
|
||||
Diluted
|
598
|
|
|
625
|
|
|
606
|
|
|
638
|
|
||||
|
|
|
|
|
|
|
|
||||||||
Cash dividends declared per common share
|
$
|
.125
|
|
|
$
|
.100
|
|
|
$
|
.350
|
|
|
$
|
.275
|
|
|
|
Maximum fuel hedged as of
|
|
|
|
|
|
September 30, 2017
|
|
Derivative underlying commodity type as of
|
|
Period (by year)
|
|
(gallons in millions) (a)
|
|
September 30, 2017
|
|
Remainder of 2017
|
|
320
|
|
|
WTI crude and Brent crude oil
|
2018
|
|
1,647
|
|
|
WTI crude and Brent crude oil
|
2019
|
|
1,377
|
|
|
WTI crude and Brent crude oil
|
Beyond 2019
|
|
358
|
|
|
WTI crude oil
|
|
|
|
|
Asset derivatives
|
|
Liability derivatives
|
||||||||||||
|
|
Balance Sheet
|
|
Fair value at
|
|
Fair value at
|
|
Fair value at
|
|
Fair value at
|
||||||||
(in millions)
|
|
location
|
|
9/30/2017
|
|
12/31/2016
|
|
9/30/2017
|
|
12/31/2016
|
||||||||
Derivatives designated as hedges (a)
|
|
|
|
|
|
|
|
|
|
|
||||||||
Fuel derivative contracts (gross)
|
|
Prepaid expenses and other current assets
|
|
$
|
23
|
|
|
$
|
7
|
|
|
$
|
36
|
|
|
$
|
44
|
|
Fuel derivative contracts (gross)
|
|
Other assets
|
|
85
|
|
|
126
|
|
|
—
|
|
|
—
|
|
||||
Fuel derivative contracts (gross)
|
|
Accrued liabilities
|
|
16
|
|
|
4
|
|
|
84
|
|
|
412
|
|
||||
Interest rate derivative contracts
|
|
Other noncurrent liabilities
|
|
—
|
|
|
—
|
|
|
18
|
|
|
35
|
|
||||
Total derivatives designated as hedges
|
|
$
|
124
|
|
|
$
|
137
|
|
|
$
|
138
|
|
|
$
|
491
|
|
||
Derivatives not designated as hedges (a)
|
|
|
|
|
|
|
|
|
|
|
||||||||
Fuel derivative contracts (gross)
|
|
Prepaid expenses and other current assets
|
|
$
|
41
|
|
|
$
|
54
|
|
|
$
|
25
|
|
|
$
|
—
|
|
Fuel derivative contracts (gross)
|
|
Other assets
|
|
14
|
|
|
52
|
|
|
14
|
|
|
52
|
|
||||
Fuel derivative contracts (gross)
|
|
Accrued liabilities
|
|
55
|
|
|
201
|
|
|
85
|
|
|
262
|
|
||||
Interest rate derivative contracts
|
|
Other noncurrent liabilities
|
|
—
|
|
|
—
|
|
|
3
|
|
|
—
|
|
||||
Total derivatives not designated as hedges
|
|
|
|
$
|
110
|
|
|
$
|
307
|
|
|
$
|
127
|
|
|
$
|
314
|
|
Total derivatives
|
|
|
|
$
|
234
|
|
|
$
|
444
|
|
|
$
|
265
|
|
|
$
|
805
|
|
|
|
Balance Sheet
|
|
September 30,
|
|
December 31,
|
||||
(in millions)
|
|
location
|
|
2017
|
|
2016
|
||||
Cash collateral deposits held from counterparties for fuel
contracts - current
|
|
Offset against Prepaid expenses and other current assets
|
|
$
|
3
|
|
|
$
|
4
|
|
Cash collateral deposits held from counterparties for fuel
contracts - noncurrent
|
|
Offset against Other assets
|
|
1
|
|
|
6
|
|
||
Cash collateral deposits provided to counterparties for fuel
contracts - current
|
|
Offset against Accrued liabilities
|
|
18
|
|
|
311
|
|
||
Due to third parties for fuel contracts
|
|
Accounts payable
|
|
50
|
|
|
75
|
|
Derivatives not in cash flow hedging relationships
|
|||||||||
|
(Gain) loss
|
|
|
||||||
|
recognized in income on
|
|
|
||||||
|
derivatives
|
|
|
||||||
|
Nine months ended
|
|
Location of (gain) loss
|
||||||
|
September 30,
|
|
recognized in income
|
||||||
(in millions)
|
2017
|
|
2016
|
|
on derivatives
|
||||
Fuel derivative contracts
|
$
|
80
|
|
|
$
|
23
|
|
|
Other (gains) losses, net
|
Interest rate derivatives
|
(3
|
)
|
|
—
|
|
|
Interest expense
|
||
|
$
|
77
|
|
|
$
|
23
|
|
|
|
|
Counterparty (CP)
|
|
|
||||||||||||||||||||||||||||
(in millions)
|
A
|
|
B
|
|
C
|
|
D
|
|
E
|
|
F
|
|
Other
(a)
|
|
Total
|
||||||||||||||||
Fair value of fuel derivatives
|
$
|
(42
|
)
|
|
$
|
(3
|
)
|
|
$
|
16
|
|
|
$
|
10
|
|
|
$
|
4
|
|
|
$
|
3
|
|
|
$
|
2
|
|
|
$
|
(10
|
)
|
Cash collateral held from (by) CP
|
(18
|
)
|
|
—
|
|
|
—
|
|
|
—
|
|
|
4
|
|
|
—
|
|
|
—
|
|
|
(14
|
)
|
||||||||
Aircraft collateral pledged to CP
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
||||||||
Letters of credit (LC)
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
||||||||
Option to substitute LC for aircraft
|
(200) to (600)(b)
|
|
(100) to (500)(c)
|
|
(150) to (550)(c)
|
|
(150) to (550)(c)
|
|
N/A
|
|
N/A
|
|
|
|
|
||||||||||||||||
Option to substitute LC for cash
|
N/A
|
|
>(500)(c)
|
|
(75) to (150) or >(550)(c)
|
|
(125) to (150) or >(550)(d)
|
|
(d)
|
|
N/A
|
|
|
|
|
||||||||||||||||
If credit rating is investment
grade, fair value of fuel
derivative level at which:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
Cash is provided to CP
|
(50) to (200) or >(600)
|
|
(50) to (100) or >(500)
|
|
(75) to (150) or >(550)
|
|
(125) to (150) or >(550)
|
|
>(100)
|
|
>(65)
|
|
|
|
|
||||||||||||||||
Cash is received from CP
|
>50(e)
|
|
>150(e)
|
|
>250(e)
|
|
>75(e)
|
|
>0(e)
|
|
>30(e)
|
|
|
|
|
||||||||||||||||
Aircraft or cash can be pledged to
CP as collateral
|
(200) to (600)(f)
|
|
(100) to (500)(c)
|
|
(150) to (550)(c)
|
|
(150) to (550)(c)
|
|
N/A
|
|
N/A
|
|
|
|
|
||||||||||||||||
If credit rating is non-investment
grade, fair value of fuel derivative level at which:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
Cash is provided to CP
|
(0) to (200) or >(600)
|
|
(0) to (100) or >(500)
|
|
(0) to (150) or >(550)
|
|
(0) to (150) or >(550)
|
|
(g)
|
|
(g)
|
|
|
|
|
||||||||||||||||
Cash is received from CP
|
(g)
|
|
(g)
|
|
(g)
|
|
(g)
|
|
(g)
|
|
(g)
|
|
|
|
|
||||||||||||||||
Aircraft or cash can be pledged to
CP as collateral
|
(200) to (600)
|
|
(100) to (500)
|
|
(150) to (550)
|
|
(150) to (550)
|
|
N/A
|
|
N/A
|
|
|
|
|
|
Three months ended September 30,
|
||||||
(in millions)
|
2017
|
|
2016
|
||||
NET INCOME
|
$
|
503
|
|
|
$
|
388
|
|
Unrealized gain on fuel derivative instruments, net of
deferred taxes of $73 and $72
|
123
|
|
|
122
|
|
||
Unrealized gain on interest rate derivative instruments, net of
deferred taxes of $- and $2
|
2
|
|
|
4
|
|
||
Other, net of deferred taxes of $2 and $2
|
2
|
|
|
3
|
|
||
Total other comprehensive income
|
$
|
127
|
|
|
$
|
129
|
|
COMPREHENSIVE INCOME
|
$
|
630
|
|
|
$
|
517
|
|
|
Nine months ended September 30,
|
||||||
(in millions)
|
2017
|
|
2016
|
||||
NET INCOME
|
$
|
1,600
|
|
|
$
|
1,722
|
|
Unrealized gain on fuel derivative instruments, net of
deferred taxes of $105 and $321
|
178
|
|
|
546
|
|
||
Unrealized gain on interest rate derivative instruments, net of
deferred taxes of $2 and $1
|
5
|
|
|
3
|
|
||
Other, net of deferred taxes of $2 and $2
|
4
|
|
|
3
|
|
||
Total other comprehensive income
|
$
|
187
|
|
|
$
|
552
|
|
COMPREHENSIVE INCOME
|
$
|
1,787
|
|
|
$
|
2,274
|
|
(in millions)
|
Fuel derivatives
|
|
Interest rate derivatives
|
|
Defined benefit plan items
|
|
Other
|
|
Deferred tax
|
|
Accumulated other
comprehensive income (loss)
|
||||||||||||
Balance at June 30, 2017
|
$
|
(412
|
)
|
|
$
|
(13
|
)
|
|
$
|
(14
|
)
|
|
$
|
22
|
|
|
$
|
154
|
|
|
$
|
(263
|
)
|
Changes in fair value
|
45
|
|
|
—
|
|
|
—
|
|
|
4
|
|
|
(18
|
)
|
|
31
|
|
||||||
Reclassification to earnings
|
151
|
|
|
2
|
|
|
—
|
|
|
—
|
|
|
(57
|
)
|
|
96
|
|
||||||
Balance at September 30, 2017
|
$
|
(216
|
)
|
|
$
|
(11
|
)
|
|
$
|
(14
|
)
|
|
$
|
26
|
|
|
$
|
79
|
|
|
$
|
(136
|
)
|
(in millions)
|
Fuel derivatives
|
|
Interest rate derivatives
|
|
Defined benefit plan items
|
|
Other
|
|
Deferred tax
|
|
Accumulated other
comprehensive income (loss)
|
||||||||||||
Balance at December 31, 2016
|
$
|
(499
|
)
|
|
$
|
(18
|
)
|
|
$
|
(14
|
)
|
|
$
|
20
|
|
|
$
|
188
|
|
|
$
|
(323
|
)
|
Changes in fair value
|
(165
|
)
|
|
(1
|
)
|
|
—
|
|
|
6
|
|
|
59
|
|
|
(101
|
)
|
||||||
Reclassification to earnings
|
448
|
|
|
8
|
|
|
—
|
|
|
—
|
|
|
(168
|
)
|
|
288
|
|
||||||
Balance at September 30, 2017
|
$
|
(216
|
)
|
|
$
|
(11
|
)
|
|
$
|
(14
|
)
|
|
$
|
26
|
|
|
$
|
79
|
|
|
$
|
(136
|
)
|
Three months ended September 30, 2017
|
||||||
(in millions)
|
|
Amounts reclassified from AOCI
|
|
Affected line item in the unaudited Condensed Consolidated Statement of
Comprehensive Income
|
||
AOCI components
|
|
|
||||
Unrealized loss on fuel derivative instruments
|
|
$
|
151
|
|
|
Fuel and oil expense
|
|
|
57
|
|
|
Less: Tax expense
|
|
|
|
$
|
94
|
|
|
Net of tax
|
Unrealized loss on interest rate derivative instruments
|
|
$
|
2
|
|
|
Interest expense
|
|
|
—
|
|
|
Less: Tax expense
|
|
|
|
$
|
2
|
|
|
Net of tax
|
|
|
|
|
|
||
Total reclassifications for the period
|
|
$
|
96
|
|
|
Net of tax
|
Nine months ended September 30, 2017
|
||||||
(in millions)
|
|
Amounts reclassified from AOCI
|
|
Affected line item in the unaudited Condensed Consolidated Statement of
Comprehensive Income
|
||
AOCI components
|
|
|
||||
Unrealized loss on fuel derivative instruments
|
|
$
|
448
|
|
|
Fuel and oil expense
|
|
|
166
|
|
|
Less: Tax Expense
|
|
|
|
$
|
282
|
|
|
Net of tax
|
Unrealized loss on interest rate derivative instruments
|
|
$
|
8
|
|
|
Interest expense
|
|
|
2
|
|
|
Less: Tax Expense
|
|
|
|
$
|
6
|
|
|
Net of tax
|
|
|
|
|
|
||
Total reclassifications for the period
|
|
$
|
288
|
|
|
Net of tax
|
(in millions)
|
September 30, 2017
|
|
December 31, 2016
|
||||
Derivative contracts
|
$
|
84
|
|
|
$
|
120
|
|
Intangible assets, net
|
416
|
|
|
426
|
|
||
Capital lease receivable
|
79
|
|
|
90
|
|
||
Non-current prepaid maintenance
|
113
|
|
|
6
|
|
||
Other
|
151
|
|
|
132
|
|
||
Other assets
|
$
|
843
|
|
|
$
|
774
|
|
(in millions)
|
September 30, 2017
|
|
December 31, 2016
|
||||
Accounts payable trade
|
$
|
165
|
|
|
$
|
138
|
|
Salaries payable
|
175
|
|
|
200
|
|
||
Taxes payable
|
180
|
|
|
184
|
|
||
Aircraft maintenance payable
|
33
|
|
|
26
|
|
||
Fuel payable
|
139
|
|
|
95
|
|
||
Other payables
|
432
|
|
|
535
|
|
||
Accounts payable
|
$
|
1,124
|
|
|
$
|
1,178
|
|
(in millions)
|
September 30, 2017
|
|
December 31, 2016
|
||||
ProfitSharing and savings plans
|
$
|
450
|
|
|
$
|
645
|
|
Aircraft and other lease related obligations
|
41
|
|
|
55
|
|
||
Permanently grounded aircraft liability
|
31
|
|
(a)
|
—
|
|
||
Vacation pay
|
348
|
|
|
355
|
|
||
Contract ratification bonuses
|
69
|
|
|
188
|
|
||
Health
|
93
|
|
|
96
|
|
||
Derivative contracts
|
80
|
|
|
158
|
|
||
Workers compensation
|
174
|
|
|
183
|
|
||
Property and income taxes
|
79
|
|
|
68
|
|
||
Other
|
228
|
|
|
237
|
|
||
Accrued liabilities
|
$
|
1,593
|
|
|
$
|
1,985
|
|
(in millions)
|
September 30, 2017
|
|
December 31, 2016
|
||||
Postretirement obligation
|
$
|
274
|
|
|
$
|
256
|
|
Non-current lease-related obligations
|
94
|
|
|
125
|
|
||
Permanently grounded aircraft liability
|
18
|
|
(a)
|
—
|
|
||
Other deferred compensation
|
225
|
|
|
204
|
|
||
Derivative contracts
|
21
|
|
|
35
|
|
||
Other
|
81
|
|
|
108
|
|
||
Other noncurrent liabilities
|
$
|
713
|
|
|
$
|
728
|
|
|
Three months ended September 30,
|
|
Nine months ended September 30,
|
||||||||||||
|
2017
|
|
2016
|
|
2017
|
|
2016
|
||||||||
NUMERATOR:
|
|
|
|
|
|
|
|
||||||||
Net income
|
$
|
503
|
|
|
$
|
388
|
|
|
$
|
1,600
|
|
|
$
|
1,722
|
|
Incremental income effect of interest on 5.25% convertible notes
|
—
|
|
|
1
|
|
|
—
|
|
|
2
|
|
||||
Net income after assumed conversion
|
$
|
503
|
|
|
$
|
389
|
|
|
$
|
1,600
|
|
|
$
|
1,724
|
|
|
|
|
|
|
|
|
|
||||||||
DENOMINATOR:
|
|
|
|
|
|
|
|
|
|
|
|
||||
Weighted-average shares outstanding, basic
|
597
|
|
|
618
|
|
|
605
|
|
|
630
|
|
||||
Dilutive effect of Employee stock options and restricted stock units
|
1
|
|
|
1
|
|
|
1
|
|
|
2
|
|
||||
Dilutive effect of 5.25% convertible notes
|
—
|
|
|
6
|
|
|
—
|
|
|
6
|
|
||||
Adjusted weighted-average shares outstanding, diluted
|
598
|
|
|
625
|
|
|
606
|
|
|
638
|
|
||||
|
|
|
|
|
|
|
|
||||||||
NET INCOME PER SHARE:
|
|
|
|
|
|
|
|
|
|
|
|
||||
Basic
|
$
|
0.84
|
|
|
$
|
0.63
|
|
|
$
|
2.65
|
|
|
$
|
2.73
|
|
Diluted
|
$
|
0.84
|
|
|
$
|
0.62
|
|
|
$
|
2.64
|
|
|
$
|
2.70
|
|
|
|
September 30, 2017
|
|
December 31, 2016
|
||||||||||||||||
(in millions)
|
|
ACFO
|
ACFO,
Net (b)
|
Construction Obligation
|
|
ACFO
|
ACFO,
Net (b)
|
Construction Obligation
|
||||||||||||
FLL Terminal
|
(a)
|
$
|
245
|
|
$
|
244
|
|
$
|
245
|
|
|
$
|
132
|
|
$
|
132
|
|
$
|
132
|
|
LAX Terminal 1
|
(a)
|
417
|
|
404
|
|
417
|
|
|
344
|
|
336
|
|
344
|
|
||||||
LFMP - Terminal
|
|
540
|
|
474
|
|
517
|
|
|
538
|
|
486
|
|
522
|
|
||||||
LFMP - Parking Garage
|
(a)
|
132
|
|
132
|
|
132
|
|
|
80
|
|
80
|
|
80
|
|
||||||
HOU International Terminal
|
(c)
|
126
|
|
119
|
|
—
|
|
|
126
|
|
122
|
|
—
|
|
||||||
|
|
$
|
1,460
|
|
$
|
1,373
|
|
$
|
1,311
|
|
|
$
|
1,220
|
|
$
|
1,156
|
|
$
|
1,078
|
|
|
|
|
|
Fair value measurements at reporting date using:
|
||||||||||||
|
|
|
|
Quoted prices in
active markets
for identical assets
|
|
Significant
other observable
inputs
|
|
Significant
unobservable
inputs
|
||||||||
Description
|
|
September 30, 2017
|
|
(Level 1)
|
|
(Level 2)
|
|
(Level 3)
|
||||||||
Assets
|
|
(in millions)
|
||||||||||||||
Cash equivalents
|
|
|
|
|
|
|
|
|
||||||||
Cash equivalents (a)
|
|
$
|
1,025
|
|
|
$
|
1,025
|
|
|
$
|
—
|
|
|
$
|
—
|
|
Commercial paper
|
|
420
|
|
|
—
|
|
|
420
|
|
|
—
|
|
||||
Certificates of deposit
|
|
15
|
|
|
—
|
|
|
15
|
|
|
—
|
|
||||
Short-term investments:
|
|
|
|
|
|
|
|
|
||||||||
Treasury bills
|
|
1,344
|
|
|
1,344
|
|
|
—
|
|
|
—
|
|
||||
Certificates of deposit
|
|
236
|
|
|
—
|
|
|
236
|
|
|
—
|
|
||||
Fuel derivatives:
|
|
|
|
|
|
|
|
|
||||||||
Swap contracts (c)
|
|
12
|
|
|
—
|
|
|
12
|
|
|
—
|
|
||||
Option contracts (b)
|
|
164
|
|
|
—
|
|
|
—
|
|
|
164
|
|
||||
Option contracts (c)
|
|
58
|
|
|
—
|
|
|
—
|
|
|
58
|
|
||||
Other available-for-sale securities
|
|
101
|
|
|
101
|
|
|
—
|
|
|
—
|
|
||||
Total assets
|
|
$
|
3,375
|
|
|
$
|
2,470
|
|
|
$
|
683
|
|
|
$
|
222
|
|
Liabilities
|
|
|
|
|
|
|
|
|
||||||||
Fuel derivatives:
|
|
|
|
|
|
|
|
|
||||||||
Swap contracts (c)
|
|
$
|
(27
|
)
|
|
$
|
—
|
|
|
$
|
(27
|
)
|
|
$
|
—
|
|
Option contracts (b)
|
|
(76
|
)
|
|
—
|
|
|
—
|
|
|
(76
|
)
|
||||
Option contracts (c)
|
|
(141
|
)
|
|
—
|
|
|
—
|
|
|
(141
|
)
|
||||
Interest rate derivatives (see Note 3)
|
|
(21
|
)
|
|
—
|
|
|
(21
|
)
|
|
—
|
|
||||
Total liabilities
|
|
$
|
(265
|
)
|
|
$
|
—
|
|
|
$
|
(48
|
)
|
|
$
|
(217
|
)
|
|
|
|
|
Fair value measurements at reporting date using:
|
||||||||||||
|
|
|
|
Quoted prices in
active markets
for identical assets
|
|
Significant
other observable
inputs
|
|
Significant
unobservable
inputs
|
||||||||
Description
|
|
December 31, 2016
|
|
(Level 1)
|
|
(Level 2)
|
|
(Level 3)
|
||||||||
Assets
|
|
(in millions)
|
||||||||||||||
Cash equivalents
|
|
|
|
|
|
|
|
|
||||||||
Cash equivalents (a)
|
|
$
|
1,344
|
|
|
$
|
1,344
|
|
|
$
|
—
|
|
|
$
|
—
|
|
Commercial paper
|
|
325
|
|
|
—
|
|
|
325
|
|
|
—
|
|
||||
Certificates of deposit
|
|
11
|
|
|
—
|
|
|
11
|
|
|
—
|
|
||||
Short-term investments:
|
|
|
|
|
|
|
|
|
||||||||
Treasury bills
|
|
1,345
|
|
|
1,345
|
|
|
—
|
|
|
—
|
|
||||
Certificates of deposit
|
|
280
|
|
|
—
|
|
|
280
|
|
|
—
|
|
||||
Fuel derivatives:
|
|
|
|
|
|
|
|
|
||||||||
Swap contracts (c)
|
|
42
|
|
|
—
|
|
|
42
|
|
|
—
|
|
||||
Option contracts (b)
|
|
239
|
|
|
—
|
|
|
—
|
|
|
239
|
|
||||
Option contracts (c)
|
|
163
|
|
|
—
|
|
|
—
|
|
|
163
|
|
||||
Other available-for-sale securities
|
|
83
|
|
|
83
|
|
|
—
|
|
|
—
|
|
||||
Total assets
|
|
$
|
3,832
|
|
|
$
|
2,772
|
|
|
$
|
658
|
|
|
$
|
402
|
|
Liabilities
|
|
|
|
|
|
|
|
|
||||||||
Fuel derivatives:
|
|
|
|
|
|
|
|
|
||||||||
Swap contracts (c)
|
|
$
|
(110
|
)
|
|
$
|
—
|
|
|
$
|
(110
|
)
|
|
$
|
—
|
|
Option contracts (b)
|
|
(96
|
)
|
|
—
|
|
|
—
|
|
|
(96
|
)
|
||||
Option contracts (c)
|
|
(564
|
)
|
|
—
|
|
|
—
|
|
|
(564
|
)
|
||||
Interest rate derivatives (see Note 3)
|
|
(35
|
)
|
|
—
|
|
|
(35
|
)
|
|
—
|
|
||||
Total liabilities
|
|
$
|
(805
|
)
|
|
$
|
—
|
|
|
$
|
(145
|
)
|
|
$
|
(660
|
)
|
Fair value measurements using significant unobservable inputs (Level 3)
|
||||
(in millions)
|
Fuel derivatives
|
|
||
Balance at December 31, 2016
|
$
|
(258
|
)
|
|
Total losses (realized or unrealized)
|
|
|
|
|
Included in earnings
|
(136
|
)
|
|
|
Included in other comprehensive income
|
(164
|
)
|
|
|
Purchases
|
104
|
|
(a)
|
|
Sales
|
—
|
|
(a)
|
|
Settlements
|
459
|
|
|
|
Balance at September 30, 2017
|
$
|
5
|
|
|
The amount of total losses for the period
included in earnings attributable to the
change in unrealized gains or losses relating
to option contracts still held at September 30, 2017
|
$
|
(57
|
)
|
|
Quantitative information about Level 3 fair value measurements
|
||||||||
|
|
Valuation technique
|
|
Unobservable input
|
|
Period (by year)
|
|
Range
|
Fuel derivatives
|
|
Option model
|
|
Implied volatility
|
|
Fourth quarter 2017
|
|
14-30%
|
|
|
|
|
|
|
2018
|
|
19-28%
|
|
|
|
|
|
|
2019
|
|
18-23%
|
|
|
|
|
|
|
Beyond 2019
|
|
17-21%
|
(in millions)
|
Carrying value
|
|
Estimated fair value
|
|
Fair value level hierarchy
|
||||
French Credit Agreements due 2018 - 2.15%
|
$
|
7
|
|
|
$
|
7
|
|
|
Level 3
|
Fixed-rate 737 Aircraft Notes payable through 2018 - 7.03%
|
3
|
|
|
3
|
|
|
Level 3
|
||
2.75% Notes due 2019
|
301
|
|
|
305
|
|
|
Level 2
|
||
Term Loan Agreement payable through 2019 - 6.315%
|
76
|
|
|
77
|
|
|
Level 3
|
||
Term Loan Agreement payable through 2019 - 4.84%
|
19
|
|
|
20
|
|
|
Level 3
|
||
2.65% Notes due 2020
|
495
|
|
|
503
|
|
|
Level 2
|
||
Term Loan Agreement payable through 2020 - 5.223%
|
249
|
|
|
252
|
|
|
Level 3
|
||
737 Aircraft Notes payable through 2020
|
166
|
|
|
165
|
|
|
Level 3
|
||
Pass Through Certificates due 2022 - 6.24%
|
294
|
|
|
322
|
|
|
Level 2
|
||
Term Loan Agreement payable through 2026 - 2.53%
|
215
|
|
|
215
|
|
|
Level 3
|
||
3.00% Notes due 2026
|
300
|
|
|
296
|
|
|
Level 2
|
||
7.375% Debentures due 2027
|
128
|
|
|
157
|
|
|
Level 2
|
|
|
Three months ended September 30,
|
|
|
|
|||||||
|
|
2017
|
|
2016
|
|
Change
|
||||||
Revenue passengers carried
|
|
33,029,537
|
|
|
31,768,550
|
|
|
4.0
|
%
|
|
||
Enplaned passengers
|
|
40,232,993
|
|
|
38,852,737
|
|
|
3.6
|
%
|
|
||
Revenue passenger miles (RPMs) (000s)
(a)
|
|
33,128,227
|
|
|
32,315,952
|
|
|
2.5
|
%
|
|
||
Available seat miles (ASMs) (000s)
(b)
|
|
39,053,164
|
|
|
37,881,510
|
|
|
3.1
|
%
|
|
||
Load factor
(c)
|
|
84.8
|
%
|
|
85.3
|
%
|
|
(0.5
|
)
|
pts
|
||
Average length of passenger haul (miles)
|
|
1,003
|
|
|
1,017
|
|
|
(1.4
|
)%
|
|
||
Average aircraft stage length (miles)
|
|
756
|
|
|
764
|
|
|
(1.0
|
)%
|
|
||
Trips flown
|
|
341,086
|
|
|
332,420
|
|
|
2.6
|
%
|
|
||
Seats flown
(d)
|
|
50,850,348
|
|
|
49,050,147
|
|
|
3.7
|
%
|
|
||
Seats per trip
(e)
|
|
149.08
|
|
|
147.55
|
|
|
1.0
|
%
|
|
||
Average passenger fare
|
|
$
|
143.67
|
|
|
$
|
146.96
|
|
|
(2.2
|
)%
|
|
Passenger revenue yield per RPM (cents)
(f)
|
|
14.32
|
|
|
14.45
|
|
|
(0.9
|
)%
|
|
||
Operating revenues per ASM (cents)
(g)
|
|
13.50
|
|
|
13.57
|
|
|
(0.5
|
)%
|
|
||
Passenger revenue per ASM (cents)
(h)
|
|
12.15
|
|
|
12.32
|
|
|
(1.4
|
)%
|
|
||
Operating expenses per ASM (cents)
(i)
|
|
11.36
|
|
|
11.73
|
|
|
(3.2
|
)%
|
|
||
Operating expenses per ASM, excluding fuel (cents)
|
|
8.79
|
|
|
9.25
|
|
|
(5.0
|
)%
|
|
||
Operating expenses per ASM, excluding fuel and profitsharing (cents)
|
|
8.47
|
|
|
8.98
|
|
|
(5.7
|
)%
|
|
||
Fuel costs per gallon, including fuel tax
|
|
$
|
1.92
|
|
|
$
|
1.83
|
|
|
4.9
|
%
|
|
Fuel costs per gallon, including fuel tax, economic
|
|
$
|
2.00
|
|
|
$
|
2.02
|
|
|
(1.0
|
)%
|
|
Fuel consumed, in gallons (millions)
|
|
521
|
|
|
513
|
|
|
1.6
|
%
|
|
||
Active fulltime equivalent Employees
|
|
55,671
|
|
|
53,072
|
|
|
4.9
|
%
|
|
||
Aircraft at end of period
|
|
687
|
|
|
714
|
|
|
(3.8
|
)%
|
|
|
|
Nine months ended September 30,
|
|
|
|
|||||||
|
|
2017
|
|
2016
|
|
Change
|
||||||
Revenue passengers carried
|
|
96,561,189
|
|
|
92,712,998
|
|
|
4.2
|
%
|
|
||
Enplaned passengers
|
|
117,248,334
|
|
|
112,960,419
|
|
|
3.8
|
%
|
|
||
Revenue passenger miles (RPMs) (000s)
(a)
|
|
96,851,582
|
|
|
93,431,810
|
|
|
3.7
|
%
|
|
||
Available seat miles (ASMs) (000s)
(b)
|
|
115,924,258
|
|
|
111,374,942
|
|
|
4.1
|
%
|
|
||
Load factor
(c)
|
|
83.5
|
%
|
|
83.9
|
%
|
|
(0.4
|
)
|
pts
|
||
Average length of passenger haul (miles)
|
|
1,003
|
|
|
1,008
|
|
|
(0.5
|
)%
|
|
||
Average aircraft stage length (miles)
|
|
760
|
|
|
763
|
|
|
(0.4
|
)%
|
|
||
Trips flown
|
|
1,010,703
|
|
|
981,409
|
|
|
3.0
|
%
|
|
||
Seats flown
(d)
|
|
150,258,237
|
|
|
144,264,317
|
|
|
4.2
|
%
|
|
||
Seats per trip
(e)
|
|
148.67
|
|
|
147.00
|
|
|
1.1
|
%
|
|
||
Average passenger fare
|
|
$
|
149.16
|
|
|
$
|
150.69
|
|
|
(1.0
|
)%
|
|
Passenger revenue yield per RPM (cents)
(f)
|
|
14.87
|
|
|
14.95
|
|
|
(0.5
|
)%
|
|
||
Operating revenues per ASM (cents)
(g)
|
|
13.71
|
|
|
13.78
|
|
|
(0.5
|
)%
|
|
||
Passenger revenue per ASM (cents)
(h)
|
|
12.42
|
|
|
12.54
|
|
|
(1.0
|
)%
|
|
||
Operating expenses per ASM (cents)
(i)
|
|
11.35
|
|
|
11.17
|
|
|
1.6
|
%
|
|
||
Operating expenses per ASM, excluding fuel (cents)
|
|
8.83
|
|
|
8.74
|
|
|
1.0
|
%
|
|
||
Operating expenses per ASM, excluding fuel and profitsharing (cents)
|
|
8.46
|
|
|
8.33
|
|
|
1.6
|
%
|
|
||
Fuel costs per gallon, including fuel tax
|
|
$
|
1.88
|
|
|
$
|
1.79
|
|
|
5.0
|
%
|
|
Fuel costs per gallon, including fuel tax, economic
|
|
$
|
1.96
|
|
|
$
|
1.87
|
|
|
4.8
|
%
|
|
Fuel consumed, in gallons (millions)
|
|
1,544
|
|
|
1,498
|
|
|
3.1
|
%
|
|
||
Active fulltime equivalent Employees
|
|
55,671
|
|
|
53,072
|
|
|
4.9
|
%
|
|
||
Aircraft at end of period
|
|
687
|
|
|
714
|
|
|
(3.8
|
)%
|
|
|
|
Three months ended
|
|
|
|
Nine months ended
|
|
|
||||||||||||||
(in millions, except per share amounts)
|
|
September 30,
|
|
|
|
September 30,
|
|
|
||||||||||||||
GAAP
|
|
2017
|
|
2016
|
|
Percent Change
|
|
2017
|
|
2016
|
|
Percent Change
|
||||||||||
Operating income
|
|
$
|
834
|
|
|
$
|
695
|
|
|
20.0
|
%
|
|
$
|
2,742
|
|
|
$
|
2,915
|
|
|
(5.9
|
)%
|
Net income
|
|
$
|
503
|
|
|
$
|
388
|
|
|
29.6
|
%
|
|
$
|
1,600
|
|
|
$
|
1,722
|
|
|
(7.1
|
)%
|
Net income per share, diluted
|
|
$
|
0.84
|
|
|
$
|
0.62
|
|
|
35.5
|
%
|
|
$
|
2.64
|
|
|
$
|
2.70
|
|
|
(2.2
|
)%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
Non-GAAP
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Operating income
|
|
$
|
871
|
|
|
$
|
972
|
|
|
(10.4
|
)%
|
|
$
|
2,709
|
|
|
$
|
3,190
|
|
|
(15.1
|
)%
|
Net income
|
|
$
|
528
|
|
|
$
|
582
|
|
|
(9.3
|
)%
|
|
$
|
1,648
|
|
|
$
|
1,907
|
|
|
(13.6
|
)%
|
Net income per share, diluted
|
|
$
|
0.88
|
|
|
$
|
0.93
|
|
|
(5.4
|
)%
|
|
$
|
2.72
|
|
|
$
|
3.00
|
|
|
(9.3
|
)%
|
|
Three months ended September 30,
|
|
Per ASM
change
|
|
Percent
change
|
|||||||||
(in cents, except for percentages)
|
2017
|
|
2016
|
|
|
|||||||||
Salaries, wages, and benefits
|
|
4.60
|
¢
|
|
|
5.04
|
¢
|
|
|
(0.44
|
)¢
|
|
(8.7
|
)%
|
Fuel and oil
|
2.57
|
|
|
2.48
|
|
|
0.09
|
|
|
3.6
|
|
|||
Maintenance materials and repairs
|
0.67
|
|
|
0.68
|
|
|
(0.01
|
)
|
|
(1.5
|
)
|
|||
Aircraft rentals
|
0.13
|
|
|
0.15
|
|
|
(0.02
|
)
|
|
(13.3
|
)
|
|||
Landing fees and other rentals
|
0.83
|
|
|
0.81
|
|
|
0.02
|
|
|
2.5
|
|
|||
Depreciation and amortization
|
0.77
|
|
|
0.83
|
|
|
(0.06
|
)
|
|
(7.2
|
)
|
|||
Other operating expenses
|
1.79
|
|
|
1.74
|
|
|
0.05
|
|
|
2.9
|
|
|||
Total
|
|
11.36
|
¢
|
|
|
11.73
|
¢
|
|
|
(0.37
|
)¢
|
|
(3.2
|
)%
|
Period
|
Maximum percent of estimated fuel consumption covered by fuel derivative contracts at varying West Texas Intermediate/Brent Crude Oil, Heating Oil, and Gulf Coast Jet Fuel-equivalent price levels (a)
|
|
2018
|
79%
|
|
2019
|
63%
|
|
Beyond 2019 (b)
|
10%
|
Year
|
|
Fair value (liability) of fuel derivative contracts at September 30, 2017
|
|
Amount of gains (losses) deferred in AOCI at September 30, 2017 (net of tax)
|
||||
Remainder of 2017
|
|
$
|
(133
|
)
|
|
$
|
(80
|
)
|
2018
|
|
55
|
|
|
(49
|
)
|
||
2019
|
|
50
|
|
|
(6
|
)
|
||
Beyond 2019
|
|
18
|
|
|
(1
|
)
|
||
Total
|
|
$
|
(10
|
)
|
|
$
|
(136
|
)
|
|
|
Estimated economic jet fuel price per gallon,
including taxes |
Average Brent Crude Oil price per barrel
|
|
4Q 2017 (b)
|
$30
|
|
$1.35 - $1.40
|
$40
|
|
$1.55 - $1.60
|
Current Market (a)
|
|
Approximately $2.10
|
$70
|
|
$2.10 - $2.15
|
$80
|
|
$2.25 - $2.30
|
Estimated premium costs (c)
|
|
Approximately $34 million
|
|
Three months ended September 30,
|
||||||
(in millions)
|
2017
|
|
2016
|
||||
Mark-to-market impact from fuel contracts settling in future periods
|
$
|
(3
|
)
|
|
$
|
20
|
|
Ineffectiveness from fuel hedges settling in future periods
|
8
|
|
|
(4
|
)
|
||
Realized ineffectiveness and mark-to-market (gains) or losses
|
(1
|
)
|
|
15
|
|
||
Premium cost of fuel contracts
|
34
|
|
|
34
|
|
||
Other
|
1
|
|
|
(1
|
)
|
||
|
$
|
39
|
|
|
$
|
64
|
|
|
Nine months ended September 30,
|
|
Per ASM
|
|
Percent
|
|||||||||
(in cents, except for percentages)
|
2017
|
|
2016
|
|
change
|
|
change
|
|||||||
Salaries, wages, and benefits
|
|
4.65
|
¢
|
|
|
4.56
|
¢
|
|
|
0.09
|
¢
|
|
2.0
|
%
|
Fuel and oil
|
2.52
|
|
|
2.43
|
|
|
0.09
|
|
|
3.7
|
|
|||
Maintenance materials and repairs
|
0.65
|
|
|
0.72
|
|
|
(0.07
|
)
|
|
(9.7
|
)
|
|||
Aircraft rentals
|
0.14
|
|
|
0.16
|
|
|
(0.02
|
)
|
|
(12.5
|
)
|
|||
Landing fees and other rentals
|
0.84
|
|
|
0.82
|
|
|
0.02
|
|
|
2.4
|
|
|||
Depreciation and amortization
|
0.81
|
|
|
0.81
|
|
|
—
|
|
|
—
|
|
|||
Other operating expenses
|
1.74
|
|
|
1.67
|
|
|
0.07
|
|
|
4.2
|
|
|||
Total
|
|
11.35
|
¢
|
|
|
11.17
|
¢
|
|
|
0.18
|
¢
|
|
1.6
|
%
|
|
Nine months ended September 30,
|
||||||
(in millions)
|
2017
|
|
2016
|
||||
Mark-to-market impact from fuel contracts settling in future periods
|
$
|
66
|
|
|
$
|
16
|
|
Ineffectiveness from fuel hedges settling in future periods
|
29
|
|
|
(3
|
)
|
||
Realized ineffectiveness and mark-to-market (gains) or losses
|
14
|
|
|
7
|
|
||
Premium cost of fuel contracts
|
102
|
|
|
117
|
|
||
Other
|
(4
|
)
|
|
(2
|
)
|
||
|
$
|
207
|
|
|
$
|
135
|
|
|
Three months ended September 30,
|
|
Percent
|
|
Nine months ended September 30,
|
|
Percent
|
||||||||||||
|
2017
|
|
2016
|
|
Change
|
|
2017
|
|
2016
|
|
Change
|
||||||||
Fuel and oil expense, unhedged
|
$
|
886
|
|
|
$
|
751
|
|
|
|
|
$
|
2,569
|
|
|
$
|
2,044
|
|
|
|
Add: Fuel hedge (gains) losses included in Fuel and oil expense, net
|
117
|
|
|
190
|
|
|
|
|
346
|
|
|
652
|
|
|
|
||||
Fuel and oil expense, as reported
|
$
|
1,003
|
|
|
$
|
941
|
|
|
|
|
$
|
2,915
|
|
|
$
|
2,696
|
|
|
|
Add: Net impact from fuel contracts
|
46
|
|
|
97
|
|
|
|
|
129
|
|
|
120
|
|
|
|
||||
Fuel and oil expense, excluding special items (economic)
|
$
|
1,049
|
|
|
$
|
1,038
|
|
|
1.1%
|
|
$
|
3,044
|
|
|
$
|
2,816
|
|
|
8.1%
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Total operating expenses, as reported
|
$
|
4,437
|
|
|
$
|
4,444
|
|
|
|
|
$
|
13,155
|
|
|
$
|
12,435
|
|
|
|
Deduct: Contract ratification bonuses
|
—
|
|
|
(356
|
)
|
|
|
|
—
|
|
|
(356
|
)
|
|
|
||||
Add (Deduct): Reclassification between Fuel and oil and Other (gains) losses, net, associated with current period settled contracts
|
(1
|
)
|
|
15
|
|
|
|
|
14
|
|
|
7
|
|
|
|
||||
Add: Contracts settling in the current period, but for which gains and/or (losses) have been recognized in a prior period (a)
|
47
|
|
|
82
|
|
|
|
|
115
|
|
|
113
|
|
|
|
||||
Deduct: Asset impairment
|
—
|
|
|
—
|
|
|
|
|
—
|
|
|
(21
|
)
|
|
|
||||
Deduct: Lease termination expense
|
(20
|
)
|
|
(18
|
)
|
|
|
|
(33
|
)
|
|
(18
|
)
|
|
|
||||
Deduct: Aircraft grounding charge
|
(63
|
)
|
|
—
|
|
|
|
|
(63
|
)
|
|
—
|
|
|
|
||||
Total operating expenses, excluding special items
|
$
|
4,400
|
|
|
$
|
4,167
|
|
|
5.6%
|
|
$
|
13,188
|
|
|
$
|
12,160
|
|
|
8.5%
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Operating income, as reported
|
$
|
834
|
|
|
$
|
695
|
|
|
|
|
$
|
2,742
|
|
|
$
|
2,915
|
|
|
|
Add: Contract ratification bonuses
|
—
|
|
|
356
|
|
|
|
|
—
|
|
|
356
|
|
|
|
||||
Add (Deduct): Reclassification between Fuel and oil and Other (gains) losses, net, associated with current period settled contracts
|
1
|
|
|
(15
|
)
|
|
|
|
(14
|
)
|
|
(7
|
)
|
|
|
||||
Deduct: Contracts settling in the current period, but for which gains and/or (losses) have been recognized in a prior period (a)
|
(47
|
)
|
|
(82
|
)
|
|
|
|
(115
|
)
|
|
(113
|
)
|
|
|
||||
Add: Asset impairment
|
—
|
|
|
—
|
|
|
|
|
—
|
|
|
21
|
|
|
|
||||
Add: Lease termination expense
|
20
|
|
|
18
|
|
|
|
|
33
|
|
|
18
|
|
|
|
||||
Add: Aircraft grounding charge
|
63
|
|
|
—
|
|
|
|
|
63
|
|
|
—
|
|
|
|
||||
Operating income, excluding special items
|
$
|
871
|
|
|
$
|
972
|
|
|
(10.4)%
|
|
$
|
2,709
|
|
|
$
|
3,190
|
|
|
(15.1)%
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Net income, as reported
|
$
|
503
|
|
|
$
|
388
|
|
|
|
|
$
|
1,600
|
|
|
$
|
1,722
|
|
|
|
Add: Contract ratification bonuses
|
—
|
|
|
356
|
|
|
|
|
—
|
|
|
356
|
|
|
|
||||
Add (Deduct): Mark-to-market impact from fuel contracts settling in future periods
|
(3
|
)
|
|
20
|
|
|
|
|
66
|
|
|
16
|
|
|
|
||||
Add (Deduct): Ineffectiveness from fuel hedges settling in future periods
|
8
|
|
|
(4
|
)
|
|
|
|
29
|
|
|
(3
|
)
|
|
|
||||
Deduct: Other net impact of fuel contracts settling in the current or a prior period (excluding reclassifications)
|
(47
|
)
|
|
(82
|
)
|
|
|
|
(115
|
)
|
|
(113
|
)
|
|
|
||||
Add: Asset impairment
|
—
|
|
|
—
|
|
|
|
|
—
|
|
|
21
|
|
|
|
||||
Add: Lease termination expense
|
20
|
|
|
18
|
|
|
|
|
33
|
|
|
18
|
|
|
|
||||
Add: Aircraft grounding charge
|
63
|
|
|
—
|
|
|
|
|
63
|
|
|
—
|
|
|
|
||||
Deduct: Net income tax impact from fuel and special items (b)
|
(16
|
)
|
|
(114
|
)
|
|
|
|
(28
|
)
|
|
(110
|
)
|
|
|
||||
Net income, excluding special items
|
$
|
528
|
|
|
$
|
582
|
|
|
(9.3)%
|
|
$
|
1,648
|
|
|
$
|
1,907
|
|
|
(13.6)%
|
Net income per share, diluted, as reported
|
$
|
0.84
|
|
|
$
|
0.62
|
|
|
|
|
$
|
2.64
|
|
|
$
|
2.70
|
|
|
|
Deduct: Net impact to net income above from fuel contracts divided by dilutive shares
|
(0.07
|
)
|
|
(0.11
|
)
|
|
|
|
(0.03
|
)
|
|
(0.16
|
)
|
|
|
||||
Add: Impact of special items
|
0.14
|
|
|
0.60
|
|
|
|
|
0.16
|
|
|
0.62
|
|
|
|
||||
Deduct: Net income tax impact of fuel and special items (b)
|
(0.03
|
)
|
|
(0.18
|
)
|
|
|
|
(0.05
|
)
|
|
(0.16
|
)
|
|
|
||||
Net income per share, diluted, excluding special items
|
$
|
0.88
|
|
|
$
|
0.93
|
|
|
(5.4)%
|
|
$
|
2.72
|
|
|
$
|
3.00
|
|
|
(9.3)%
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Operating expenses per ASM (cents)
|
|
11.36
|
¢
|
|
|
11.73
|
¢
|
|
|
|
|
11.35
|
¢
|
|
|
11.17
|
¢
|
|
|
Deduct: Fuel and oil expense divided by ASMs
|
(2.57
|
)
|
|
(2.48
|
)
|
|
|
|
(2.52
|
)
|
|
(2.43
|
)
|
|
|
||||
Deduct: Impact of special items
|
(0.21
|
)
|
|
(0.99
|
)
|
|
|
|
(0.08
|
)
|
|
(0.35
|
)
|
|
|
||||
Operating expenses per ASM, excluding Fuel and oil and special items (cents)
|
|
8.58
|
¢
|
|
|
8.26
|
¢
|
|
3.9%
|
|
|
8.75
|
¢
|
|
|
8.39
|
¢
|
|
4.3%
|
|
|
|
|
||||
|
Twelve Months Ended
|
|
Twelve Months Ended
|
||||
|
September 30, 2017
|
|
September 30, 2016
|
||||
Operating income, as reported
|
$
|
3,588
|
|
|
$
|
3,940
|
|
Contract ratification bonuses
|
—
|
|
|
495
|
|
||
Net impact from fuel contracts
|
(211
|
)
|
|
(300
|
)
|
||
Acquisition and integration costs
|
—
|
|
|
7
|
|
||
Asset impairment
|
—
|
|
|
21
|
|
||
Lease termination expense
|
37
|
|
|
18
|
|
||
Aircraft grounding charge
|
63
|
|
|
—
|
|
||
Operating income, non-GAAP
|
$
|
3,477
|
|
|
$
|
4,181
|
|
Net adjustment for aircraft leases (a)
|
110
|
|
|
115
|
|
||
Adjustment for fuel hedge accounting (b)
|
(137
|
)
|
|
(160
|
)
|
||
Adjusted Operating income, non-GAAP (A)
|
$
|
3,450
|
|
|
$
|
4,136
|
|
|
|
|
|
||||
Debt, including capital leases (c)
|
$
|
3,184
|
|
|
$
|
3,160
|
|
Equity (c)
|
8,404
|
|
|
7,538
|
|
||
Net present value of aircraft operating leases (c)
|
837
|
|
|
1,066
|
|
||
Average invested capital
|
$
|
12,425
|
|
|
$
|
11,764
|
|
Equity adjustment for hedge accounting (b)
|
426
|
|
|
1,044
|
|
||
Adjusted average invested capital (B)
|
$
|
12,851
|
|
|
$
|
12,808
|
|
|
|
|
|
||||
Non-GAAP ROIC, pre-tax (A/B)
|
26.8
|
%
|
|
32.3
|
%
|
1.
|
Contract ratification bonuses recorded for certain workgroups. As the bonuses would only be paid at ratification of the associated tentative agreement and would not represent an ongoing expense to the Company, management believes its results for the associated periods are more usefully compared if the impacts of ratification bonus amounts are excluded from results. Generally, union contract agreements cover a specified three- to five- year period, although such contracts officially never expire, and the agreed upon terms remain in place until a revised agreement is reached, which can be several years following the amendable date;
|
2.
|
Expenses associated with the Company’s acquisition and integration of AirTran Holdings, LLC, the parent company of AirTran Airways, Inc. ("AirTran"). Such expenses were primarily incurred during the acquisition and integration period of the two companies from 2011 through 2015 as a result of the Company’s acquisition of AirTran, which closed on May 2, 2011. The exclusion of these expenses provides investors with a more
|
3.
|
A noncash impairment charge related to leased slots at Newark Liberty International Airport as a result of the FAA announcement in April 2016 that this airport was being changed to a Level 2 schedule-facilitated airport from its previous designation as Level 3 (a "slot" is the right of an air carrier, pursuant to regulations of the FAA, to operate a takeoff or landing at a specific time at certain airports);
|
4.
|
Lease termination costs recorded as a result of the Company acquiring
13
of its Boeing 737-300 aircraft off operating leases as part of the Company’s strategic effort to remove its Classic aircraft from operations on or before September 29, 2017, in the most economically advantageous manner possible. The Company had not budgeted for these early lease termination costs, as they were subject to negotiations being concluded with the third party lessors. The Company recorded the fair value of the aircraft acquired off operating leases, as well as any associated remaining obligations to the balance sheet as debt; and
|
5.
|
An Aircraft grounding charge recorded in
third quarter 2017
, as a result of the Company grounding its remaining Boeing 737-300 aircraft on September 29, 2017. The loss was a result of the remaining net lease payments due and certain lease return requirements that may have to be performed on these leased aircraft prior to their return to the lessors as of the cease-use date. The Company had not budgeted for the lease return requirements, as they are subject to negotiation with third party lessors.
|
|
The Boeing Company
|
|
|
|
|
||||
|
-800 Firm Orders
|
MAX 7
Firm Orders |
MAX 8
Firm Orders |
|
MAX 8 Options
|
|
Additional -700s
|
Total
|
|
2017
|
39
|
—
|
14
|
|
—
|
|
18
|
71
|
(b)
|
2018
|
26
|
—
|
13
|
|
—
|
|
4
|
43
|
|
2019
|
—
|
15
|
—
|
|
5
|
|
—
|
20
|
|
2020
|
—
|
14
|
—
|
|
8
|
|
—
|
22
|
|
2021
|
—
|
1
|
13
|
|
20
|
|
—
|
34
|
|
2022
|
—
|
—
|
15
|
|
21
|
|
—
|
36
|
|
2023
|
—
|
—
|
34
|
|
23
|
|
—
|
57
|
|
2024
|
—
|
—
|
41
|
|
23
|
|
—
|
64
|
|
2025
|
—
|
—
|
40
|
|
36
|
|
—
|
76
|
|
2026
|
—
|
—
|
—
|
|
36
|
|
—
|
36
|
|
2027
|
—
|
—
|
—
|
|
23
|
|
—
|
23
|
|
Total
|
65
|
30
|
170
|
(a)
|
195
|
|
22
|
482
|
|
|
|
|
|
Average
Age (Yrs)
|
|
Number
of Aircraft
|
|
Number
Owned
|
|
Number
Leased
|
||||
Type
|
|
Seats
|
|
|
|
|
||||||||
737-700
|
|
143
|
|
13
|
|
|
508
|
|
|
397
|
|
|
111
|
|
737-800
|
|
175
|
|
3
|
|
|
170
|
|
|
163
|
|
|
7
|
|
737 MAX 8
|
|
175
|
|
—
|
|
|
9
|
|
|
9
|
|
|
—
|
|
Totals
|
|
|
|
10
|
|
|
687
|
|
|
569
|
|
|
118
|
|
•
|
the Company’s fleet and capacity plans and related financial expectations, including the Company’s specific financial expectations related to the accelerated retirement of its Classic aircraft;
|
•
|
the Company’s network and schedule optimization plans and strategies;
|
•
|
the Company’s expectations with respect to the functionality and related operational and financial benefits and opportunities associated with the Company’s new reservation system;
|
•
|
the Company’s financial outlook and projected results of operations, including factors and assumptions underlying the Company’s projections;
|
•
|
the Company’s plans and expectations with respect to managing risk associated with changing jet fuel prices;
|
•
|
the Company's expectations with respect to liquidity and capital expenditures, including its plans for repayment of debt and capital lease obligations, as well as its anticipated needs for, and sources of, funds;
|
•
|
the Company's assessment of market risks; and
|
•
|
the Company's plans and expectations related to legal proceedings.
|
•
|
the impact of changes in consumer behavior, actions of competitors (including, without limitation, pricing, scheduling, capacity and network decisions, and consolidation and alliance activities), fuel prices, economic conditions, natural disasters, and other factors beyond the Company’s control on the Company's business decisions, plans, and strategies;
|
•
|
the Company's dependence on third parties, in particular with respect to its fleet and technology plans and expectations;
|
•
|
the Company's ability to timely and effectively implement, transition, and maintain the necessary information technology systems and infrastructure to support its operations and initiatives;
|
•
|
changes in the price of aircraft fuel, the impact of hedge accounting, and any changes to the Company's fuel hedging strategies and positions;
|
•
|
the Company’s ability to timely and effectively prioritize its initiatives and related expenditures;
|
•
|
the impact of governmental regulations and other governmental actions related to the Company and its operations; and
|
•
|
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, 2016.
|
Issuer Purchases of Equity Securities (1)
|
||||||||||||||
|
|
(a)
|
|
(b)
|
|
(c)
|
|
(d)
|
||||||
|
|
|
|
|
|
Total number of
shares purchased
as part of publicly
announced plans
or programs
|
|
Maximum dollar
value of shares that
may yet be purchased
under the plans
or programs
|
||||||
|
|
|
|
|
|
|
||||||||
|
|
Total number
of shares
purchased
|
|
Average
price paid
per share
|
|
|
||||||||
|
|
|
|
|
||||||||||
Period
|
|
|
|
|
||||||||||
July 1, 2017 through
July 31, 2017
|
|
1,564,332
|
|
|
$
|
—
|
|
(2)
|
1,564,332
|
|
|
$
|
2,000,000,000
|
|
August 1, 2017 through
August 31, 2017
|
|
4,130,592
|
|
|
$
|
—
|
|
(3)
|
4,130,592
|
|
|
$
|
1,700,000,000
|
|
September 1, 2017 through
September 30, 2017
|
|
—
|
|
|
$
|
—
|
|
|
—
|
|
|
$
|
1,700,000,000
|
|
Total
|
|
5,694,924
|
|
|
|
|
5,694,924
|
|
|
|
(1)
|
On May 17, 2017, the Company’s Board of Directors authorized the repurchase of up to $2.0 billion of the Company’s common stock. Repurchases are made in accordance with applicable securities laws in open market, private, or accelerated repurchase transactions from time to time, depending on market conditions, and may be discontinued at any time.
|
(2)
|
Under the Company’s previous share repurchase authorization completed in second quarter 2017, the Company entered an accelerated share repurchase program with a third party financial institution in second quarter 2017 (the "Second Quarter 2017 ASR Program"), pursuant to which the Company paid $400 million on May 8, 2017, and received an initial delivery of 5,075,798 shares on June 9, 2017, representing an estimated 75 percent of the shares to be purchased by the Company under the Second Quarter 2017 ASR Program based on a volume-weighted average price of $59.104 per share of the Company’s common stock on the New York Stock Exchange during a calculation period between May 8, 2017 and June 8, 2017. Final settlement of this Second Quarter 2017 ASR Program occurred in July 2017 and was determined based generally on a discount to the volume-weighted average price per share of the Company's common stock during a calculation period completed in July 2017. Upon settlement, the third party financial institution delivered 1,564,332 additional shares of the Company’s common stock to the Company. In total, the average purchase price per share for the 6,640,130 shares repurchased under the Second Quarter 2017 ASR Program, upon completion of the Second Quarter 2017 ASR Program in July 2017, was $60.24.
|
(3)
|
Under the Third Quarter 2017 ASR Program, the Company paid $300 million in August 2017 and received an initial delivery of 4,130,592 shares during August 2017, representing an estimated 75 percent of the shares to be purchased by the Company under the Third Quarter 2017 ASR Program based on a volume-weighted average price of $54.4716 per share of the Company’s common stock on the New York Stock Exchange during a calculation period between August 1, 2017 and August 24, 2017. Final settlement of the Third Quarter 2017 ASR Program occurred in October 2017 and was determined based generally on a discount to the volume-weighted average price per share of the Company's common stock during a calculation period completed in October 2017. Upon settlement, the third party financial institution delivered 1,206,365 additional shares of the Company's common stock to the Company. In total, the average purchase price per share for the 5,336,957 shares repurchased under the Third Quarter 2017 ASR Program, upon completion of the Third Quarter 2017 ASR Program in October 2017, was $56.21.
|
3.1
|
|
3.2
|
|
10.1
|
|
10.2
|
|
10.3
|
|
10.4
|
|
10.5
|
|
10.6
|
|
31.1
|
|
31.2
|
|
32.1
|
|
101.INS
|
XBRL Instance Document.
|
101.SCH
|
XBRL Taxonomy Extension Schema Document.
|
101.CAL
|
XBRL Taxonomy Extension Calculation Linkbase Document.
|
101.DEF
|
XBRL Taxonomy Extension Definition Linkbase Document.
|
101.LAB
|
XBRL Taxonomy Extension Labels Linkbase Document.
|
101.PRE
|
XBRL Taxonomy Extension Presentation Linkbase Document.
|
|
SOUTHWEST AIRLINES CO.
|
|
|
|
|
November 1, 2017
|
By
|
/s/ Tammy Romo
|
|
|
|
|
|
Tammy Romo
|
|
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Executive Vice President & Chief Financial Officer
|
|
|
(On behalf of the Registrant and in
|
|
|
her capacity as Principal Financial
|
|
|
and Accounting Officer)
|
Supplemental Agreement No. 103
|
|
to
|
|
Purchase Agreement No. 1810
|
|
between
|
|
THE BOEING COMPANY
|
|
and
|
|
SOUTHWEST AIRLINES CO.
|
|
Relating to Boeing Model 737-7H4 and 737-8H4 Aircraft
|
RECITALS
:
|
P.A. No. 1810
|
SA-103-
1
|
|
|
BOEING PROPRIETARY
|
|
THE BOEING COMPANY
|
SOUTHWEST AIRLINES CO.
|
|
|
By:
/s/ Kyle L. Kersavage
|
By:
/s/ Chris Monroe
|
|
Chris Monroe
|
Its:
Attorney‑In‑Fact
|
Its:
SVP, Finance
|
P.A. No. 1810
|
SA-103-
2
|
|
|
BOEING PROPRIETARY
|
|
TABLE OF CONTENTS
|
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Page
|
SA
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Number
|
Number
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ARTICLES
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|
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1.
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Subject Matter of Sale
|
1-1
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SA-92
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2.
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Delivery, Title and Risk
|
|
|
|
of Loss
|
2-1
|
SA-28
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3.
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Price of Aircraft
|
3‑1
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SA-92
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4.
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Taxes
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4-1
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5.
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Payment
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5‑1
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6.
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Excusable Delay
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6‑1
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7.
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Changes to the Detail
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Specification
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7-1
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SA-73
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|
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8.
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Federal Aviation Requirements and
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|
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Certificates and Export License
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8-1
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9.
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Representatives, Inspection,
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Flights and Test Data
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9-1
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10.
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Assignment, Resale or Lease
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10‑1
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11.
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Termination for Certain Events
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11‑1
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12.
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Product Assurance; Disclaimer and
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Release; Exclusion of Liabilities;
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Customer Support; Indemnification
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|
|
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and Insurance
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12-1
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|
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13.
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Buyer Furnished Equipment and
|
|
|
|
Spare Parts
|
13-1
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|
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14.
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Contractual Notices and Requests
|
14‑1
|
|
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15.
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Miscellaneous
|
15‑1
|
|
P.A. No. 1810
|
i
|
|
K/SWA
|
|
SA-
103
|
TABLE OF CONTENTS
|
|
|
SA
|
|
Number
|
TABLE
|
1b
|
Aircraft Information Table - Block 800LUV Aircraft
|
SA-82
|
|
||
1c
|
Aircraft Information Table - Block 800LUV Aircraft
|
SA-100
|
|
(non-ETOPS Configuration)
|
|
|
||
1d
|
Aircraft Information Table - Block 800LUV Aircraft
|
SA-102
|
|
(non-ETOPS Configuration)
|
|
|
EXHIBITS
|
A-6
|
Aircraft Configuration - Block 800LUV Aircraft
|
SA-75
|
|
|
|||
A-7
|
Aircraft Configuration - Block 800LUV Aircraft
|
SA-84
|
|
|
(non-ETOPS Configuration)
|
||
|
|||
B
|
***
|
SA-75
|
|
|
|||
C
|
Customer Support Document
|
||
|
|||
C-2
|
737-800 Customer Support Document
|
SA-75
|
|
|
|||
D-2
|
Economic Price Adjustment
|
SA-75
|
|
|
ECI-MFG/CPI (July 2011 Base Price)
|
||
|
|||
E
|
Buyer Furnished Equipment
|
SA-75
|
|
|
Provisions Document
|
||
|
Attachment A - 737-7H4 Aircraft (through 2012)
|
||
|
Attachment B - 737-8H4 Aircraft (2012-2018)
|
SA-101
|
|
|
|||
F
|
Defined Terms Document
|
||
|
|
|
|
LETTER AGREEMENTS
|
|
|
|
|
|
|
|
1810-1R1
|
Waiver of Aircraft Demonstration Flight
|
SA-75
|
P.A. No. 1810
|
ii
|
|
K/SWA
|
|
SA-
103
|
TABLE OF CONTENTS
|
|
|
SA
|
|
Number
|
P.A. No. 1810
|
iii
|
|
K/SWA
|
|
SA-
103
|
ADDITIONAL LETTERS (FOR REFERENCE) -
INACTIVE (as of SA-82)
|
|
6-1162-MSA-288
|
Business Offer - Enhanced Ground Proximity
|
|
Warning System (EGPWS) - Activiation - Peaks
|
|
and Obstacles Feature
|
|
(
Not applicable to Block 700LUV & Block 800LUV Aircraft)
|
|
|
6-1162-JMG-501R2
|
Business Offer - ACARS package
|
|
(
Not applicable to Block 700LUV & Block 800LUV Aircraft)
|
INACTIVE / DELETED TABLES, EXHIBITS, AND LETTER AGREEMENTS
|
TABLE
|
|
|
|
|
|
|
|
Table
|
Title
|
Last Updated under SA
|
Current Status
|
1
|
Aircraft Information Table
|
SA-75
|
Inactive
|
2
|
Option Aircraft Information Table
|
SA-74
|
Deleted under SA-75
|
1a
|
Aircraft Information Table - Block 700LUV Aircraft
|
SA-91
|
Deleted Under SA-92
|
EXHIBITS
|
|
|
|
|
|
|
|
Exhibits
|
Title
|
Last Updated under SA
|
Current Status
|
A
|
Aircraft Configuration - 737-700
|
SA-36
|
Inactive
|
A-Winglet
|
Aircraft Configuration
|
SA-36
|
Inactive
|
A-1-Winglet
|
Aircraft Configuration
|
SA-36
|
Inactive
|
A-1A
|
Aircraft Configuration - 737-700 Block T-W-2c
|
SA-36
|
Inactive
|
A-2
|
Aircraft Configuration - 737-700 Block T-W-2 / T-W-2a
|
SA-47
|
Inactive
|
A-3
|
Aircraft Configuration - 737-700 Block T-W-2 / T-W-2a
|
SA-61
|
Inactive
|
A-4
|
Aircraft Configuration - 737-700 Block T-W-2b Aircraft
|
SA-66
|
Inactive
|
A-5
|
Aircraft Configuration - Block 700LUV Aircraft
|
SA-75
|
Deleted under SA-92
|
C.2
|
737-800 Customer Support Variables
|
SA-71
|
Deleted under SA-75
|
D
|
Price Adjustment Due to
Economic Fluctuations - Aircraft Price Adjustment
(July 1992 Base Price)
|
|
Inactive
|
D-1
|
Price Adjustment Due to Economic Fluctuations - Aircraft Price
|
SA-13
|
Inactive
|
P.A. No. 1810
|
iv
|
|
K/SWA
|
|
SA-
103
|
RESTRICTED LETTER AGREEMENTS
|
|
|
|
|
|
|
|
Letter Agreement
|
Title
|
Last Updated under SA
|
Current Status
|
6‑1162‑RLL‑933R21
|
Option Aircraft
|
SA-60
|
Deleted under SA-75
|
6‑1162‑RLL‑935R1
|
Performance Guarantees
|
SA-1
|
Inactive
|
6‑1162‑RLL‑936R4
|
Certain Contractual Matters
|
SA-4
|
Inactive
|
6‑1162‑RLL‑937
|
Alternate Advance Payment Schedule
|
|
Inactive
|
6‑1162‑RLL‑938
|
***
|
|
Inactive
|
6‑1162‑RLL‑939R1
|
Certification Flight Test Aircraft
|
SA-1
|
Inactive
|
6‑1162‑RLL‑940R1
|
Training Matters
|
SA-1
|
Inactive
|
6‑1162‑RLL‑942
|
Open Configuration Matters
|
|
Inactive
|
6‑1162‑RLL‑943R1
|
Substitution Rights
|
SA-6
|
Deleted under SA 75
|
6‑1162‑RLL‑944
|
***
|
|
Inactive
|
6-1162-RLL-945
|
Comparison of 737-7H4 and 737-3H4 Block Fuel Burn
|
|
Inactive
|
6-1162-RLL-1855R3
|
Additional Contractual
Matters
|
SA-4
|
Inactive
|
6-1162-RLL-1856
|
***
|
SA-1
|
Inactive
|
6-1162-RLL-1857
|
Service Ready Validation Program Field Test
|
SA-1
|
Inactive
|
6-1162-RLL-1858R1
|
Escalation Matters
|
SA-4
|
Inactive
|
6-1162-RLL-2036
|
Amortization of Costs for Customer Unique Changes
|
SA-1
|
Inactive
|
6-1162-RLL-2037
|
Reconciliation of the Aircraft Basic Price
|
SA-1
|
Inactive
|
6-1162-RLL-2073
|
Maintenance Training Matters
|
SA-1
|
Inactive
|
6-1162-KJJ-058R1
|
Additional Substitution Rights
|
SA-71
|
Deleted under SA-75
|
6-1162-KJJ-150
|
Flight Control Computer & Mode Control Panel Spares Matter
|
SA-14
|
Inactive
|
6-1162-MSA-185R3
|
Delivery Change Contractual Matters
|
SA-21
|
Inactive
|
P.A. No. 1810
|
v
|
|
K/SWA
|
|
SA-
103
|
P.A. No. 1810
|
vi
|
|
K/SWA
|
|
SA-
103
|
|
|
|
Supplemental Agreement No. 6
|
|
to
|
|
Purchase Agreement No. 03729
|
|
between
|
|
THE BOEING COMPANY
|
|
and
|
|
SOUTHWEST AIRLINES CO.
|
|
Relating to Boeing Model 737-8 and 737-7 Aircraft
|
RECITALS
:
|
SWA-PA-03729
|
1
|
SA-6
|
|
BOEING PROPRIETARY
|
|
|
|
|
1.
|
TABLE OF CONTENTS
.
|
2.
|
LETTER AGREEMENTS
|
2.1
|
Attachment 1 to Letter Agreement SWA-PA-03729-LA-1106474R1,
Option Aircraft
, is deleted in its entirety and replaced by a new Attachment 1 (attached). The new Attachment 1 reflects the addition of four (4) Boeing Model 737-8 Option Aircraft.
|
2.2
|
Letter Agreement SWA‑PA‑03729‑LA‑1106475R1, ***, is deleted in its entirety and replaced with the attached revised Letter Agreement ‑PA‑03729‑LA‑1106475R2, which reflects the addition of the ***
|
2.3
|
Letter Agreement SWA-PA-03729-LA-1503792,
Service Ready Operational Validation
, is added to the Purchase Agreement.
|
2.4
|
Letter Agreement SWA-PA-03729-LA-1301168R2, *** , is deleted in its entirety and replaced with the attached revised Letter Agreement SWA-PA-03729-LA-1301168R3
|
SWA-PA-03729
|
2
|
SA-6
|
|
BOEING PROPRIETARY
|
|
|
|
|
EXECUTED IN DUPLICATE as of the day and year first above written.
|
|
|
|
THE BOEING COMPANY
|
SOUTHWEST AIRLINES CO.
|
|
|
|
|
By:
/s/ Kyle Kersavage
|
By:
/s/ Chris Monroe
|
|
Chris Monroe
|
Its:
Attorney-In-Fact
|
Its: SVP, Finance
|
SWA-PA-03729
|
3
|
SA-6
|
|
BOEING PROPRIETARY
|
|
TABLE OF CONTENTS
|
ARTICLES
|
TITLES
|
|
|
|
|
Article 1
|
Quantity, Model and Description
|
SA-2
|
|
|
|
Article 2
|
Delivery Schedule
|
|
|
|
|
Article 3
|
Price
|
|
|
|
|
Article 4
|
Payment
|
SA-2
|
|
|
|
Article 5
|
Additional Terms
|
|
|
|
|
TABLE
|
TITLE
|
|
|
|
|
1A
|
737-8 Aircraft Information Table
|
SA-5
|
|
|
|
1B
|
737-7 Aircraft Information Table
|
SA-2
|
|
|
|
EXHIBIT
|
||
|
|
|
A1
|
737-8 Aircraft Configuration
|
SA-2
|
|
|
|
A2
|
737-7 Aircraft Configuration
|
SA-2
|
|
|
|
B*
|
Aircraft Delivery Requirements and Responsibilities
|
|
|
|
|
SUPPLEMENTAL EXHIBITS
|
TITLES
|
|
|
|
|
AE1*
|
Escalation Adjustment/Airframe and Optional Features
|
|
|
|
|
BFE1*
|
BFE Variables
|
|
|
|
|
CS1
|
Customer Support Variables
|
|
|
|
|
CS1-7MAX
|
Customer Support Variables
|
SA-2
|
|
|
|
EE1*
|
Engine Escalation/Engine Warranty and Patent Indemnity
|
|
|
|
|
SLP1*
|
Service Life Policy Components
|
LETTER AGREEMENTS
|
TITLES
|
|
SWA-PA-03729-LA-1106463R1
|
Open Matters
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1106464*
|
***
|
SWA-PA-03729
|
|
SA-6
|
|
BOEING PROPRIETARY
|
Page
1
|
LETTER AGREEMENTS
|
TITLES
|
|
|
|
|
SWA-PA-03729-LA-1106465*
|
***
|
|
|
|
|
SWA-PA-03729-LA-1106466
|
***
|
|
|
|
|
SWA-PA-03729-LA-1106467R1
|
***
|
SA-5
|
|
|
|
SWA-PA-03729-LA-1106468*
|
***
|
|
|
|
|
SWA-PA-03729-LA-1106469R1
|
***
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1106470R1
|
***
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1106471R1
|
Substitute Aircraft
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1106473R1
|
***
|
SA-5
|
|
|
|
SWA-PA-03729-LA-1106474R1
|
Option Aircraft
|
SA-5
|
|
Attachment 1
|
SA-6
|
|
|
|
SWA-PA-03729-LA-1106475R1
|
***
|
SA-6
|
|
|
|
SWA-PA-03729-LA-1106476R1*
|
***
|
SA-5
|
|
|
|
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-1106484*
|
***
|
|
|
Attachment A
|
SA-2
|
|
Attachment B
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1106485*
|
***
|
|
|
|
|
SWA-PA-03729-LA-1209080
|
***
|
SA-1
|
|
|
|
SWA-PA-03729-LA-1210419
|
***
|
SA-1
|
SWA-PA-03729
|
|
SA-6
|
|
BOEING PROPRIETARY
|
Page
2
|
LETTER AGREEMENTS
|
TITLES
|
|
|
|
|
SWA-PA-03729-LA-1300943
|
***
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1301168R3
|
***
|
SA-6
|
|
|
|
SWA-PA-03729-LA-1301170R1
|
***
|
SA-5
|
|
|
|
SWA-PA-03729-LA-1503792
|
Service Ready Operational Validation
|
SA-6
|
|
|
|
SWA‑PA‑03729‑LA‑1602486
|
***
|
SA-5
|
SWA-PA-03729
|
|
SA-6
|
|
BOEING PROPRIETARY
|
Page
3
|
Letter Agreement
|
Title
|
Last Updated under SA
|
Current Status
|
SWA-PA-03729-LA-1106472R1
|
***
|
SA-2
|
Deleted under SA-4
|
SWA-PA-01810/03729-LA-1301169
|
***
|
SA-2
|
Deleted under SA-4
|
SWA-PA-03729
|
|
SA-6
|
|
BOEING PROPRIETARY
|
Page
4
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Airframe Model/MTOW:
|
737-8
|
175900 pounds
|
|
Detail Specification:
|
|
D019A007-NEW (11/4/2011)
|
|
|
2Q11 External Fcst
|
Engine Model/Thrust:
|
CFMLEAP-1B26
|
0 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 Agreemt:
|
|
***
|
|
|
|
|
|
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2019
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2019
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2019
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2020
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2020
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2020
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2020
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2020
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2021
|
1
|
***
|
***
|
D
|
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Mar-2021
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|
|
SA-6
|
SWA-PA-03729-LA1106474 58960-1O.TXT
|
Boeing Proprietary
|
Page
1
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2021
|
1
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***
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|
|
SA-6
|
SWA-PA-03729-LA1106474 58960-1O.TXT
|
Boeing Proprietary
|
Page
2
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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
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***
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Dec-2022
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Jan-2023
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Feb-2023
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|
|
SA-6
|
SWA-PA-03729-LA1106474 58960-1O.TXT
|
Boeing Proprietary
|
Page
3
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2023
|
1
|
***
|
***
|
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***
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Oct-2023
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Jan-2024
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Jan-2024
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Feb-2024
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Mar-2024
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Mar-2024
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Apr-2024
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***
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|
|
SA-6
|
SWA-PA-03729-LA1106474 58960-1O.TXT
|
Boeing Proprietary
|
Page
4
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
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|
Oct-2024
|
1
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D
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Nov-2024
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Nov-2024
|
1
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D
|
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Dec-2024
|
2
|
***
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***
|
***
|
Jan-2025
|
3
|
***
|
***
|
|
***
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***
|
***
|
***
|
***
|
Feb-2025
|
3
|
***
|
***
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|
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***
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***
|
***
|
Mar-2025
|
3
|
***
|
***
|
|
***
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***
|
***
|
***
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***
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Apr-2025
|
3
|
***
|
***
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|
***
|
***
|
***
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***
|
***
|
May-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2025
|
3
|
***
|
***
|
|
***
|
***
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***
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***
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***
|
Jul-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2025
|
3
|
***
|
***
|
|
***
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***
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***
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***
|
***
|
Sep-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
May-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-6
|
SWA-PA-03729-LA1106474 58960-1O.TXT
|
Boeing Proprietary
|
Page
5
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
May-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2027
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Total:
|
195
|
|
|
|
|
|
|
|
|
|
|
SA-6
|
SWA-PA-03729-LA1106474 58960-1O.TXT
|
Boeing Proprietary
|
Page
6
|
|
|
The Boeing Company
|
|
P. O. Box 3707
|
|
|
Seattle, WA 98124-2207
|
|
|
|
Subject:
|
***
|
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
|
|
|
|
2) Letter Agreement SWA‑PA‑03729‑LA-1106474 entitled “Option Aircraft” (
Option Aircraft Letter Agreement
)
|
SWA-PA-03729
|
|
SA-6
|
***
|
BOEING PROPRIETARY
|
Page
1
|
|
SWA-PA-03729
|
|
SA-6
|
***
|
BOEING PROPRIETARY
|
Page
2
|
|
THE BOEING COMPANY
|
||
|
|
|
By
|
/s/ Kyle Kersavage
|
|
Its
|
Attorney‑In‑Fact
|
|
|
|
|
ACCEPTED AND AGREED TO this
|
||
|
|
|
Date:
|
July 21, 2017
|
|
|
||
SOUTHWEST AIRLINES CO.
|
||
|
|
|
By
|
/s/ Chris Monroe
|
|
|
Chris Monroe
|
|
Its
|
SVP, Finance
|
SWA-PA-03729
|
|
SA-6
|
***
|
BOEING PROPRIETARY
|
Page
3
|
|
Subject:
|
Service Ready Operational Validation
|
|
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 737-7 aircraft (
Aircraft
)
|
|
|
2) Letter Agreement SWA-PA-03729-LA-1106469R1, ***
|
|
|
SA-6
|
|
|
Page
1
|
|
BOEING PROPRIETARY
|
|
|
a)
|
Non-routine activities - flaps-15 landing, simulated removal and replacement of an LRU or other “one-off” or contingency scenarios related to normal operations.
|
b)
|
Routine activities with intervals longer than the SROV execution duration - “A-check equivalent” maintenance activity or demonstration of new (i) ground support equipment (
GSE
) or (ii) maintenance procedures.
|
c)
|
Airline-specific scenarios - passenger-related preparations that depend on aircraft/airlines systems or procedures to be successful.
|
SWA-PA-03729-LA-1503792
|
|
SA-6
|
Service Ready Operational Validation
|
|
Page
2
|
|
BOEING PROPRIETARY
|
|
|
SWA-PA-03729-LA-1503792
|
|
SA-6
|
Service Ready Operational Validation
|
|
Page
3
|
|
BOEING PROPRIETARY
|
|
|
SWA-PA-03729-LA-1503792
|
|
SA-6
|
Service Ready Operational Validation
|
|
Page
4
|
|
BOEING PROPRIETARY
|
|
|
SWA-PA-03729-LA-1503792
|
|
SA-6
|
Service Ready Operational Validation
|
|
Page
5
|
|
BOEING PROPRIETARY
|
|
|
SWA-PA-03729-LA-1503792
|
|
SA-6
|
Service Ready Operational Validation
|
|
Page
6
|
|
BOEING PROPRIETARY
|
|
|
SWA-PA-03729-LA-1503792
|
|
SA-6
|
Service Ready Operational Validation
|
|
Page
7
|
|
BOEING PROPRIETARY
|
|
|
THE BOEING COMPANY
|
||
|
|
|
By
|
/s/ Jon W. Lewis
|
|
Its
|
Attorney‑In‑Fact
|
|
|
|
|
|
|
|
ACCEPTED AND AGREED TO this
|
||
|
|
|
Date:
|
August 30, 2016
|
|
|
||
SOUTHWEST AIRLINES CO.
|
||
|
|
|
By
|
/s/ Chris Monroe
|
|
|
Chris Monroe
|
|
Its
|
VP, Treasurer
|
SWA-PA-03729-LA-1503792
|
|
SA-6
|
Service Ready Operational Validation
|
|
Page
8
|
|
BOEING PROPRIETARY
|
|
|
|
The Boeing Company
|
|
P. O. Box 3707
|
|
|
Seattle, WA 98124-2207
|
|
|
|
Subject:
|
***
|
Reference:
|
Purchase Agreement No. 03729 (
Purchase Agreement
) between The Boeing Company (
Boeing
) and Southwest Airlines Co. (
Customer
) relating to Model 737-7 and 737-8 aircraft
|
|
|
SA-6
|
|
|
Page
1
|
|
BOEING PROPRIETARY
|
|
|
SWA-PA-03729-LA-1106468
R3
|
|
SA-6
|
***
|
|
Page
2
|
|
BOEING PROPRIETARY
|
|
|
THE BOEING COMPANY
|
||
|
|
|
By
|
/s/ Kyle Kersavage
|
|
Its
|
Attorney‑In‑Fact
|
|
|
|
|
|
|
|
ACCEPTED AND AGREED TO this
|
||
|
|
|
Date:
|
July 21, 2017
|
|
|
||
SOUTHWEST AIRLINES CO.
|
||
|
|
|
By
|
/s/ Chris Monroe
|
|
|
Chris Monroe
|
|
Its
|
SVP, Finance
|
SWA-PA-03729-LA-1106468
R3
|
|
SA-6
|
***
|
|
Page
3
|
|
BOEING PROPRIETARY
|
|
|
|
|
Supplemental Agreement No. 7
|
|
to
|
|
Purchase Agreement No. 03729
|
|
between
|
|
THE BOEING COMPANY
|
|
and
|
|
SOUTHWEST AIRLINES CO.
|
|
Relating to Boeing Model 737-8 and 737-7 Aircraft
|
RECITALS
:
|
SWA-PA-03729
|
1
|
SA-7
|
|
BOEING PROPRIETARY
|
|
|
|
|
1.
|
TABLE OF CONTENTS
.
|
2.
|
TABLES
.
|
3.
|
EXHIBITS
.
|
4.
|
LETTER AGREEMENTS
.
|
5.
|
ADVANCE PAYMENT IMPACTS
.
|
SWA-PA-03729
|
2
|
SA-7
|
|
BOEING PROPRIETARY
|
|
|
|
|
EXECUTED IN DUPLICATE as of the day and year first above written.
|
|
|
|
THE BOEING COMPANY
|
SOUTHWEST AIRLINES CO.
|
|
|
|
|
By:
/s/ Kyle Kersavage
|
By:
/s/ Chris Monroe
|
|
Chris Monroe
|
Its:
Attorney-In-Fact
|
Its:
SVP, Finance
|
SWA-PA-03729
|
3
|
SA-7
|
|
BOEING PROPRIETARY
|
|
TABLE OF CONTENTS
|
ARTICLES
|
TITLES
|
|
|
|
|
Article 1
|
Quantity, Model and Description
|
SA-2
|
|
|
|
Article 2
|
Delivery Schedule
|
|
|
|
|
Article 3
|
Price
|
|
|
|
|
Article 4
|
Payment
|
SA-2
|
|
|
|
Article 5
|
Additional Terms
|
|
|
|
|
TABLE
|
TITLE
|
|
|
|
|
1A
|
737-8 Aircraft Information Table
|
SA-7
|
|
|
|
1B
|
737-7 Aircraft Information Table
|
SA-2
|
|
|
|
EXHIBIT
|
||
|
|
|
A1
|
737-8 Aircraft Configuration
|
SA-7
|
|
|
|
A2
|
737-7 Aircraft Configuration
|
SA-2
|
|
|
|
B*
|
Aircraft Delivery Requirements and Responsibilities
|
|
|
|
|
SUPPLEMENTAL EXHIBITS
|
TITLES
|
|
|
|
|
AE1*
|
Escalation Adjustment/Airframe and Optional Features
|
|
|
|
|
BFE1*
|
BFE Variables
|
SA-7
|
|
|
|
CS1
|
Customer Support Variables
|
|
|
|
|
CS1-7MAX
|
Customer Support Variables
|
SA-2
|
|
|
|
EE1*
|
Engine Escalation/Engine Warranty and Patent Indemnity
|
|
|
|
|
SLP1*
|
Service Life Policy Components
|
LETTER AGREEMENTS
|
TITLES
|
|
SWA-PA-03729-LA-1106463R2
|
Open Matters
|
SA-7
|
|
|
|
SWA-PA-03729-LA-1106464*
|
***
|
SWA-PA-03729
|
|
SA-7
|
|
BOEING PROPRIETARY
|
Page
1
|
LETTER AGREEMENTS
|
TITLES
|
|
|
|
|
SWA-PA-03729-LA-1106465*
|
***
|
|
|
|
|
SWA-PA-03729-LA-1106466
|
***
|
|
|
|
|
SWA-PA-03729-LA-1106467R1
|
***
|
SA-5
|
|
|
|
SWA-PA-03729-LA-1106468*
|
***
|
|
|
|
|
SWA-PA-03729-LA-1106469R1
|
***
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1106470R1
|
***
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1106471R1
|
Substitute Aircraft
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1106473R1
|
***
|
SA-5
|
|
|
|
SWA-PA-03729-LA-1106474R1
|
Option Aircraft
|
SA-5
|
|
Attachment 1
|
SA-7
|
|
|
|
SWA-PA-03729-LA-1106475R1
|
***
|
SA-6
|
|
|
|
SWA-PA-03729-LA-1106476R1*
|
***
|
SA-5
|
|
|
|
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-1106484*
|
***
|
|
|
Attachment A
|
SA-2
|
|
Attachment B
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1106485*
|
***
|
|
|
|
|
SWA-PA-03729-LA-1209080
|
***
|
|
|
|
|
SWA-PA-03729-LA-1210419
|
***
|
SA-1
|
SWA-PA-03729
|
|
SA-7
|
|
BOEING PROPRIETARY
|
Page
2
|
LETTER AGREEMENTS
|
TITLES
|
|
|
|
|
SWA-PA-03729-LA-1300943
|
***
|
SA-2
|
|
|
|
SWA-PA-03729-LA-1301168R3
|
***
|
SA-6
|
|
|
|
SWA-PA-03729-LA-1301168R3
|
***
|
SA-5
|
|
|
|
SWA-PA-03729-LA-1400371
|
***
|
SA-7
|
|
|
|
SASWA-PA-03729-LA-1503792
|
Service Ready Operational Validation
|
SA-6
|
|
|
|
SWA-PA-03729-LA-1500831
|
***
|
SA-7
|
|
|
|
SWA‑PA‑03729‑LA‑1602486
|
***
|
SA-5
|
SWA-PA-03729
|
|
SA-7
|
|
BOEING PROPRIETARY
|
Page
3
|
Letter Agreement
|
Title
|
Last Updated under SA
|
Current Status
|
SWA-PA-03729-LA- 1106472R1
|
***
|
SA-2
|
Deleted under SA-4
|
SWA-PA- 01810/03729-LA- 1301169
|
***
|
SA-2
|
Deleted under SA-4
|
SWA-PA-03729
|
|
SA-7
|
|
BOEING PROPRIETARY
|
Page
4
|
Airframe Model/MTOW:
|
737-8
|
181,200 pounds
|
|
Detail Specification:
|
|
D019A008-P (5/1/2017)
|
|
|
|
Engine Model/Thrust:
|
CFMLEAP-1B28BI
|
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:
|
|
***
|
|
|
|
|
|
|
|
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
|
1
|
***
|
36929
|
***
|
A
|
Note 1
|
***
|
***
|
***
|
***
|
***
|
Jul-2017
|
2
|
***
|
42558, 42559
|
***
|
C
|
Note 1
|
***
|
***
|
***
|
***
|
***
|
Aug-2017
|
3
|
***
|
36979, 36930, 36984
|
***
|
A
|
Note 1
|
***
|
***
|
***
|
***
|
***
|
Aug-2017
|
3
|
***
|
42563, 42566, 42567
|
***
|
C
|
Note 1
|
***
|
***
|
***
|
***
|
***
|
Sep-2017
|
1
|
***
|
36934
|
***
|
A
|
Note 1
|
***
|
***
|
***
|
***
|
***
|
Oct-2017
|
1
|
***
|
42544
|
***
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2017
|
1
|
***
|
42570
|
***
|
C
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2017
|
1
|
***
|
36988
|
***
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2017
|
1
|
***
|
42554
|
***
|
C
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2018
|
1
|
***
|
36989
|
***
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2018
|
1
|
***
|
42571
|
***
|
C
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2018
|
1
|
***
|
42546
|
***
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2018
|
1
|
***
|
42572
|
***
|
C
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2018
|
1
|
***
|
42547
|
***
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2018
|
1
|
***
|
42556
|
***
|
C
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2018
|
1
|
***
|
42548
|
***
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2018
|
1
|
***
|
42574
|
***
|
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2018
|
1
|
***
|
37019
|
***
|
A
|
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729
106097
-1F.TXT
|
Boeing Proprietary
|
Page
1
|
|
Table 1A To
|
|
|
Purchase Agreement No. PA-03729
|
|
|
Aircraft Delivery, Description, Price and Advance Payments
|
|
|
737-8 Aircraft
|
|
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-2018
|
1
|
***
|
42575
|
***
|
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2018
|
1
|
***
|
42549
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2018
|
1
|
***
|
42573
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2018
|
1
|
***
|
42576
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2021
|
1
|
***
|
42648
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2021
|
3
|
***
|
42649, 42650, 42651
|
|
|
|
***
|
***
|
***
|
***
|
***
|
May-2021
|
3
|
***
|
42652, 42653, 42654
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2021
|
3
|
***
|
42655, 42656, 42670
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2021
|
3
|
***
|
42657, 42658, 42671
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2022
|
2
|
***
|
42678, 42679
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2022
|
3
|
***
|
42680, 42681, 42688
|
|
|
|
***
|
***
|
***
|
***
|
***
|
May-2022
|
3
|
***
|
42682, 42683, 42684
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2022
|
3
|
***
|
42685, 42686, 42687
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2022
|
2
|
***
|
42689, 42690
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2022
|
2
|
***
|
42693, 42695
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2023
|
3
|
***
|
42577, 42560, 42565
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2023
|
2
|
***
|
42562, 42564
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2023
|
1
|
***
|
37042
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2023
|
1
|
***
|
42557
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2023
|
1
|
***
|
42550
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2023
|
1
|
***
|
36732
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2023
|
1
|
***
|
42555
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2023
|
1
|
***
|
42551
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2023
|
1
|
***
|
38806
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
May-2023
|
2
|
***
|
42594, 42568
|
|
|
|
***
|
***
|
***
|
***
|
***
|
May-2023
|
1
|
***
|
37043
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2023
|
1
|
***
|
42581
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2023
|
2
|
***
|
37034, 42536
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2023
|
2
|
***
|
42597, 42582
|
|
|
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729
106097
-1F.TXT
|
Boeing Proprietary
|
Page
2
|
|
Table 1A To
|
|
|
Purchase Agreement No. PA-03729
|
|
|
Aircraft Delivery, Description, Price and Advance Payments
|
|
|
737-8 Aircraft
|
|
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-2023
|
1
|
***
|
36722
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2023
|
1
|
***
|
42593
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2023
|
2
|
***
|
42552, 42537
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2023
|
2
|
***
|
42601, 42578
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2023
|
1
|
***
|
36727
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2023
|
2
|
***
|
42605, 42579
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2023
|
1
|
***
|
42538
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2023
|
1
|
***
|
42580
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2023
|
1
|
***
|
38815
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2023
|
1
|
***
|
42583
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2023
|
1
|
***
|
42539
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2024
|
3
|
***
|
42611, 42584, 42585
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2024
|
1
|
***
|
42553
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2024
|
3
|
***
|
42612, 42596, 42599
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2024
|
1
|
***
|
35970
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2024
|
1
|
***
|
42607
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2024
|
3
|
***
|
38817, 35968, 35972
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2024
|
2
|
***
|
42617, 42606
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2024
|
1
|
***
|
42540
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2024
|
1
|
***
|
36736
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
May-2024
|
3
|
***
|
42619, 42622, 42608
|
|
|
|
***
|
***
|
***
|
***
|
***
|
May-2024
|
1
|
***
|
42541
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2024
|
1
|
***
|
42610
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2024
|
1
|
***
|
42542
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2024
|
1
|
***
|
33941
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2024
|
1
|
***
|
42615
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2024
|
2
|
***
|
35963, 35967
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2024
|
2
|
***
|
42624, 42626
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2024
|
1
|
***
|
42543
|
|
A
|
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729
106097
-1F.TXT
|
Boeing Proprietary
|
Page
3
|
|
Table 1A To
|
|
|
Purchase Agreement No. PA-03729
|
|
|
Aircraft Delivery, Description, Price and Advance Payments
|
|
|
737-8 Aircraft
|
|
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-2024
|
1
|
***
|
42630
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2024
|
2
|
***
|
36730, 36733
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2024
|
2
|
***
|
42625, 42636
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2024
|
1
|
***
|
33940
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2024
|
1
|
***
|
42639
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2024
|
2
|
***
|
35971, 35974
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2024
|
2
|
***
|
42628, 42640
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2024
|
1
|
***
|
35975
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2025
|
2
|
***
|
42633, 42634
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2025
|
2
|
***
|
38804, 38805
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2025
|
3
|
***
|
42637, 42641, 42643
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2025
|
1
|
***
|
36729
|
|
B
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2025
|
4
|
***
|
42644, 42645, 42646, 42647
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2025
|
4
|
***
|
42659, 42660, 42661, 42662
|
|
|
|
***
|
***
|
***
|
***
|
***
|
May-2025
|
3
|
***
|
42663, 42664, 42666
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2025
|
3
|
***
|
42665, 42667, 42669
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2025
|
3
|
***
|
42668, 42672, 42673
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2025
|
3
|
***
|
42674, 42675, 42691
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2025
|
3
|
***
|
42676, 42677, 42694
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2025
|
3
|
***
|
42692, 42696, 42697
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2025
|
3
|
***
|
42698, 42699, 42700
|
|
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2025
|
3
|
***
|
42701, 42702, 42703
|
|
|
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729
106097
-1F.TXT
|
Boeing Proprietary
|
Page
4
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
1
|
BOEING PROPRIETARY
|
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
2
|
BOEING PROPRIETARY
|
|
CR
|
Title
|
2011 $
A/P 1 - 4
Price
Per A/C
|
2011 $
A/P 5 - 8
Price
Per A/C
|
2011 $
A/P 9 & on
Price
Per A/C
|
0110-000030
|
MAJOR MODEL 737 AIRPLANE
|
***
|
***
|
***
|
0110E131A08
|
MINOR MODEL 737-8 AIRPLANE
|
***
|
***
|
***
|
0170B401A73
|
CLIMATE - NORMAL WEATHER OPERATIONS
|
***
|
***
|
***
|
0170B871A31
|
GALLEY AFT COMPLEX - G4B GALLEY - DOMED AFT BULKHEAD (BASELINE)
|
***
|
***
|
***
|
0170C204A96
|
CARGO LINERS- HEAVY DUTY - FORWARD
|
***
|
***
|
***
|
0170C204A99
|
CARGO LINERS- HEAVY DUTY- AFT
|
***
|
***
|
***
|
0170C430H07
|
PC - FLIGHT DECK - ROLLER SUNSHADES - DELETION - NUMBER 2 AND 3 WINDOWS - FLIGHT DECK - SFE
|
***
|
***
|
***
|
0170C939A02
|
COMMUNICATIONS - BASIC COMMUNICATIONS CONFIGURATION WITH HF
|
***
|
***
|
***
|
0170D347B33
|
LAVATORY AFT COMPLEX - TWO ADVANCED LAVATORIES WITH TWO DOUBLE ATTENDANT SEATS
|
***
|
***
|
***
|
0170D360B56
|
PC - LAVATORY AFT COMPLEX - TWO LAVATORIES WITH TWO DOUBLE ATTENDANT SEATS, NO CURTAIN AND UNIQUE HANDSET FACEPLATE DISPLAY - BOEING SKY INTERIOR
|
***
|
***
|
***
|
0170D387A08
|
AVIONICS - DUAL FMC WITH MULTI-CONTROL DISPLAY UNIT
|
***
|
***
|
***
|
0170D837A13
|
FLEXIBLE CERTIFICATION
|
***
|
***
|
***
|
0170E173B00
|
FLIGHT DECK - TWO OBSERVERS
|
***
|
***
|
***
|
0170E656A04
|
AIRFRAME - 737-8
|
***
|
***
|
***
|
0220E684A09
|
TYPE CERTIFICATE & CERTIFICATE OF AIRWORTHINESS
|
***
|
***
|
***
|
0221A609B52
|
DISPATCH WITH GEAR EXTENDED FOR REVENUE FLIGHT
|
***
|
***
|
***
|
0221B463A04
|
MP-CERT. OF TAKEOFF & LANDING WITH 15 KNOT TAILWIND
|
***
|
***
|
***
|
0221E029A02
|
SKID-RESISTANT RUNWAY TAKEOFF WITH ANTISKID SYSTEM INOPERATIVE
|
***
|
***
|
***
|
0222E052A08
|
SHORT FIELD PERFORMANCE ENHANCEMENT: INSTALLATION OF TWO POSITION TAIL SKID
|
***
|
***
|
***
|
0226B694H86
|
MP - GNSS LANDING SYSTEM (GLS) - CATEGORY I APPROACH CAPABILITY - ACTIVATION - IN LIEU OF PARTIAL PROVISIONS
|
***
|
***
|
***
|
0226C594A28
|
GNSS LANDING SYSTEM (GLS) - CATEGORY I APPROACH CAPABILITY- PARTIAL PROVISIONS
|
***
|
***
|
***
|
0226E437D67
|
MP- GNSS LANDING SYSTEM (GLS) - CHANGE INCORP- CATEGORY I APPROACH CAPABILITY - ACTIVATION - IN LIEU OF PARTIAL PROVISIONS
|
***
|
***
|
***
|
0228E437A74
|
AIRPLANE FLIGHT MANUAL
|
***
|
***
|
***
|
0252A541A02
|
ENGLISH UNITS FOR FLIGHT AND OPERATIONS MANUALS, CDS INDICATIONS, AND FMCS PARAMETERS - CELSIUS TEMPERATURE
|
***
|
***
|
***
|
0254-000003
|
USPHS CERTIFICATE OF SANITARY CONSTRUCTION
|
***
|
***
|
***
|
0315E684A03
|
CERTIFIED OPERATIONAL WEIGHTS AND STRUCTURAL DESIGN WEIGHTS
|
***
|
***
|
***
|
1110E559D06
|
EXTERIOR NON-REGULATORY MARKINGS
|
***
|
***
|
***
|
1110E624B44
|
EXTERIOR REGULATORY MARKINGS AND COLOR SCHEME
|
***
|
***
|
***
|
1130E559D12
|
CARGO COMPARTMENT PLACARDS
|
***
|
***
|
***
|
1130E559D13
|
LIGHTED SIGNS - BI-LINGUAL SPANISH/ENGLISH
|
***
|
***
|
***
|
1130E559D15
|
INTERIOR PLACARDS AND MARKERS - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
3
|
BOEING PROPRIETARY
|
|
CR
|
Title
|
2011 $
A/P 1 - 4 Price Per A/C |
2011 $
A/P 5 - 8 Price Per A/C |
2011 $
A/P 9 & on Price Per A/C |
2103E437E01
|
MP - AC HEAT EXCHANGER OUTLET TEMPERATURE MONITORING SENSOR - INSTALLATION
|
***
|
***
|
***
|
2103E437E14
|
MP - AC HEAT EXCHANGER OUTLET TEMPERATURE MONITORING SENSOR - CHANGE INCORP - INSTALLATION
|
***
|
***
|
***
|
2130-000010
|
600 FPM CABIN PRESSURE ASCENT RATE
|
***
|
***
|
***
|
2130-000015
|
750 FPM CABIN PRESSURE DESCENT RATE
|
***
|
***
|
***
|
2160-000025
|
CABIN TEMPERATURE INDICATION - DEGREES FAHRENHEIT
|
***
|
***
|
***
|
2170-000021
|
OZONE CONTROL - SPACE PROVISIONS FOR CATALYTIC CONVERTERS
|
***
|
***
|
***
|
2210-000003
|
AUTOFLIGHT - INHIBIT GLIDE SLOPE CAPTURE PRIOR TO LOCALIZER CAPTURE
|
***
|
***
|
***
|
2210-000123
|
AUTOFLIGHT - FLIGHT DIRECTOR TAKEOFF MODE WINGS LEVEL
|
***
|
***
|
***
|
2210-000128
|
AUTOFLIGHT - CONTROL WHEEL STEERING WARNING
|
***
|
***
|
***
|
2210-000142
|
AUTOFLIGHT - ALTITUDE ALERT - 300/900 FEET
|
***
|
***
|
***
|
2210C175A38
|
AUTOFLIGHT - GO-AROUND ROLL MODE - LNAV
|
***
|
***
|
***
|
2230-000137
|
AUTOTHROTTLE - FMCS - TAKEOFF PROFILE THRUST REDUCTION ALTITUDE
|
***
|
***
|
***
|
2310C410A91
|
COMMUNICATIONS CONTROL PANELS - DUAL GABLES RADIO TUNING PANELS CAPABLE OF (2) HF SYSTEMS AND (3) VHF SYSTEMS (8.33 KHZ CAPABLE) - P/N G7404-124 - BFE/SPE
|
***
|
***
|
***
|
2312A639A46
|
VHF COMMUNICATIONS - ACTIVATION OF KEYLINE TIMER
|
***
|
***
|
***
|
2312E173A49
|
VHF COMMUNICATIONS - TRIPLE HONEYWELL ARINC 750 RTA-50D VHF FM IMMUNE TRANSCEIVERS WITH 8.33 KHZ CHANNEL SPACING, VDL MODE 2, AND CMC INTERFACE CAPABILITY - P/N 965-1696-021 - BFE/SPE
|
***
|
***
|
***
|
2315E706A59
|
MP - SATCOM - INSTALLATION OF PARTIAL WIRING AND MOUNTING PROVISIONS - ICG MODEL ICS-300 IRIDIUM SATCOM SYSTEM WITH A SINGLE TOP MOUNTED DUAL ELEMENT IRIDIUM ANTENNA
|
***
|
***
|
***
|
2321-000050
|
SELCAL - AVTECH FIVE CHANNEL DECODER - P/N 1200008-000 - BFE/SPE
|
***
|
***
|
***
|
2321-000063
|
SELCAL - ANNUNCIATION ON AUDIO SELECTOR PANELS
|
***
|
***
|
***
|
2322C939A05
|
CMU - INSTALLATION OF PARTIAL PROVISIONS FOR A SINGLE CMU IN ACCORDANCE WITH ARINC 758
|
***
|
***
|
***
|
2322C939A06
|
COMMUNICATIONS MANAGEMENT UNIT (CMU) - DATA LINK RECORDING ACTIVATION
|
***
|
***
|
***
|
2322E437D59
|
MP - CMU - INSTALLATION OF WIRING PROVISIONS BETWEEN THE ONBOARD NETWORK SYSTEM (ONS) AND THE COMMUNICATION MANAGEMENT UNIT PROVISIONS
|
***
|
***
|
***
|
2322E516A03
|
CMU - INSTALLATION OF HONEYWELL MARK II ARINC 758 LEVEL AOA CMU W/ARINC SERVICE PROVIDER - DATA LINK RECORDING CAPABLE - P/N 965-0758-006 - BFE / SPE
|
***
|
***
|
***
|
2324D197A18
|
EMERGENCY LOCATOR TRANSMITTER (ELT) - ACR ELECTRONICS AUTOMATIC FIXED - WITH NAVIGATION INTERFACE UNIT (NIU) - MODE S BROADCAST - WITH ANTENNA P/N 110-337 - BFE/SPE
|
***
|
***
|
***
|
2331B754B15
|
PASSENGER ADDRESS (PA) SYSTEM - ARINC 715 - ROCKWELL COLLINS AMPLIFIER - BFE/SPE
|
***
|
***
|
***
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
4
|
BOEING PROPRIETARY
|
|
CR
|
Title
|
2011 $
A/P 1 - 4 Price Per A/C |
2011 $
A/P 5 - 8 Price Per A/C |
2011 $
A/P 9 & on Price Per A/C |
2331E097A10
|
PRAM/BMM SYSTEM - PANASONIC - FASTEN SEAT BELT/DECOMPRESSION DISCRETES ACTIVATED - BFE/SPE
|
***
|
***
|
***
|
2350A150D50
|
AUDIO INTEGRATING - INHIBIT AURAL ALERT TRANSMISSIONS THROUGH CAPTAIN, FIRST OFFICER'S AND FIRST OBSERVER'S HEADPHONES
|
***
|
***
|
***
|
2350B872A08
|
AUDIO CONTROL PANEL - INTEGRATED SELCAL, CREW CALL, AND SATCOM FUNCTIONS - INSTALLATION - 3 VHF/2 HF
|
***
|
***
|
***
|
2351-000042
|
CONTROL WHEEL PUSH TO TALK (PTT) SWITCH - STANDARD THREE POSITION
|
***
|
***
|
***
|
2351A213A33
|
AUDIO INTEGRATION - INSTALLATION - TWO-PLUG AUDIO JACKS IN THE FLIGHT DECK
|
***
|
***
|
***
|
2351A213B77
|
BOOM MICROPHONE HEADSETS - CAPTAIN AND FIRST OFFICER - TELEX AIRMAN 750 - P/N 64300-200 - BFE/SPE
|
***
|
***
|
***
|
2351D360C80
|
PASSENGER CABIN MEDICAL COMMUNICATIONS SYSTEM - BOEING SKY INTERIOR
|
***
|
***
|
***
|
2371B628B32
|
VOICE RECORDER AND MICROPHONE/MONITOR - HONEYWELL - 2 HOUR RECORDING TIME - WITH DATALINK RECORDING CAPABILITY - P/N 980-6032-001 & P/N 980-6116-001 - BFE/SPE
|
***
|
***
|
***
|
2371B628B41
|
VOICE RECORDER - RECORDER INDEPENDENT POWER SUPPLY (RIPS) - AFT LOWERED CEILING
|
***
|
***
|
***
|
2371E437C25
|
MP - VOICE RECORDER - REPLACEMENT - VOICE RECORDER WITH 90 DAY BATTERY IN LIEU OF VOICE RECORDER WITH 30 DAY BATTERY - HONEYWELL INTERNATIONAL INC - BFE
|
***
|
***
|
***
|
2451B750A96
|
GALLEY G2 POWER - 17.25 KVA - COMPLETE PROVISIONS
|
***
|
***
|
***
|
2451B815K32
|
POWER DISTRIBUTION - WIRING INSTALLATION FOR ADDITIONAL CAPACITY
|
***
|
***
|
***
|
2451D360M03
|
MP - MOD STD SEL - GALLEY G4B POWER - REVISION - 12 KVA INSTALLATION AND PROVISIONS FOR 17.25 KVA IN LIEU OF COMPLETE INSTALLATION
|
***
|
***
|
***
|
2451E447B64
|
GALLEY G1 & G7 POWER - 12 KVA
|
***
|
***
|
***
|
2454E484B59
|
IN-SEAT POWER OUTLETS - INSTALLATION - FULL CABIN WITH 59 USB POWER SUPPLIES AND 175 HIGH POWER USB OUTLETS - ASTRONICS AES - BFE/SPE
|
***
|
***
|
***
|
2454E484C79
|
MP - IN-SEAT POWER OUTLETS - DELETION - FULL CABIN WITH 59 USB POWER SUPPLIES AND 175 HIGH POWER USB OUTLETS - ASTRONICS AES - BFE
|
***
|
***
|
***
|
2500E559K65
|
MP - CLOSET - REPLACEMENT - FWD RH FULL HEIGHT CLOSET IN LIEU OF FULL HEIGHT/HALF HEIGHT G2 GALLEY - STA 325 - 343 - ENCORE - BFE
|
***
|
***
|
***
|
2500E559K83
|
MP - INTERIOR ARRANGEMENT - REVISION - DETACHABLE EMERGENCY EQUIPMENT - BFE
|
***
|
***
|
***
|
2500E559M56
|
MP - MOD STD SEL - CABIN INTERPHONE SYSTEMS - ATTENDANT HANDSETS WITH UNIQUE FACEPLATE
|
***
|
***
|
***
|
2500E559R44
|
MP - INTERIOR ARRANGEMENT - REVISION - ADDITION OF SLIDE-OUT STOWAGE IN LAVS D & E AND REVISION TO EMERGENCY EQUIPMENT
|
***
|
***
|
***
|
2500E559Y62
|
MP - NON-CERTIFIED FLYAWAY KIT - ADDITION - FIRST AID KIT BRACKET
|
***
|
***
|
***
|
2513C410C22
|
FLIGHT COMPARTMENT ACCOMMODATIONS - EMERGENCY EVACUATION CHECKLIST PLACARD ON THE CAPTAIN AND FIRST OFFICER'S CONTROL COLUMNS
|
***
|
***
|
***
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
5
|
BOEING PROPRIETARY
|
|
CR
|
Title
|
2011 $
A/P 1 - 4 Price Per A/C |
2011 $
A/P 5 - 8 Price Per A/C |
2011 $
A/P 9 & on Price Per A/C |
2513E437A99
|
LOG BOOK HOLDER - INSTALLATION - ON AFT FACE OF P8 AISLESTAND
|
***
|
***
|
***
|
2514E559T12
|
MP - SIDEWALL LINING AND AIR RETURN GRILLE - REVISION - ENHANCED FASTENING PROVISIONS
|
***
|
***
|
***
|
2520E559D17
|
INTERIOR COLOR AND MATERIAL - STANDARD OFFERING
|
***
|
***
|
***
|
2520E559L37
|
MP - PASSENGER COMPARTMENT - REVISION - DECORATIVE LAMINATE - FORWARD MONUMENTS
|
***
|
***
|
***
|
2523E559E42
|
PASSENGER SERVICE UNITS - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
2525A627A07
|
DOUBLE ATTENDANT SEAT - WALL MOUNTED - STA 304
|
***
|
***
|
***
|
2525C204F39
|
LARGE LOWER STOWAGE BOX FOR DOUBLE ATTENDANT SEAT - STA 304 LH
|
***
|
***
|
***
|
2525C204F40
|
LARGE LOWER STOWAGE BOX FOR DOUBLE ATTENDANT SEAT - STA 949 LH
|
***
|
***
|
***
|
2525C204F41
|
LARGE LOWER STOWAGE BOX FOR DOUBLE ATTENDANT SEAT - STA 949 RH
|
***
|
***
|
***
|
2525C204K04
|
HIC AND FEMUR LOAD COMPLIANCE - ECONOMY CLASS SEATS
|
***
|
***
|
***
|
2525C204K05
|
HIC AND FEMUR LOAD COMPLIANCE - ATTENDANT SEATS
|
***
|
***
|
***
|
2525E559D22
|
ECONOMY CLASS SEATS - BFE/SPE
|
***
|
***
|
***
|
2527E559H50
|
FLOOR COVERING - CARPET - BFE/SPE
|
***
|
***
|
***
|
2527E559H51
|
FLOOR COVERING - GALLEY AND ENTRYWAY FLOOR MAT - BFE/SPE
|
***
|
***
|
***
|
2528C204J16
|
FORWARD CENTER OVERHEAD STOWAGE COMPARTMENT - PROVISIONED FOR PALLETIZED EQUIPMENT AND LIFE RAFTS - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
2528C204J18
|
SECOND FORWARD CENTER OVERHEAD STOWAGE COMPARTMENT - PROVISIONED FOR PALLETIZED EQUIPMENT AND LIFE RAFTS - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
2528C204J20
|
FIRST MID CABIN CENTER OVERHEAD STOWAGE COMPARTMENT - PROVISIONED FOR PALLETIZED EQUIPMENT AND LIFE RAFTS - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
2528C204J22
|
SECOND MID-CABIN CENTER OVERHEAD STOWAGE COMPARTMENT - PROVISIONED FOR PALLETIZED EQUIPMENT AND LIFE RAFTS - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
2528E559D23
|
LITERATURE POCKETS
|
***
|
***
|
***
|
2528E559D24
|
OVERHEAD STOWAGE BINS - ADDITIONAL FEATURES - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
2529D360B52
|
FORWARD ATTENDANT WORKSTATION - PANEL & HANDSET - UNIQUE FACEPLATE DISPLAY
|
***
|
***
|
***
|
2530D383A11
|
G1 GALLEY - AFT STATION 297 - BFE/SPE
|
***
|
***
|
***
|
2530E559D10
|
GALLEY G2 - STA 325-343 - BFE/SPE
|
***
|
***
|
***
|
2530E559D27
|
G7 GALLEY - AFT OF DOOR 1, LEFT - AFT STA 374 - BFE/SPE
|
***
|
***
|
***
|
2530E559D29
|
GALLEY INSERT PART NUMBERS - BFE/SPE
|
***
|
***
|
***
|
2530E559K27
|
MP - GALLEY - REVISION - G1 GALLEY AFT STA 293 IN LIEU OF STA 297
|
***
|
***
|
***
|
2530E624B45
|
GALLEY PART NUMBERS - STANDARD EFFORT - BFE/SPE
|
***
|
***
|
***
|
2530E624B63
|
GALLEY CHILLER - AFT G4B GALLEY - PROVISIONS
|
***
|
***
|
***
|
2540D347A92
|
LA ADVANCED LAVATORY
|
***
|
***
|
***
|
2540E559D31
|
LA ADVANCED LAVATORY SELECTABLES
|
***
|
***
|
***
|
2540E559D32
|
LD ADVANCED LAVATORY SELECTABLES
|
***
|
***
|
***
|
2540E559D33
|
LE ADVANCED LAVATORY SELECTABLES
|
***
|
***
|
***
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
6
|
BOEING PROPRIETARY
|
|
CR
|
Title
|
2011 $
A/P 1 - 4 Price Per A/C |
2011 $
A/P 5 - 8 Price Per A/C |
2011 $
A/P 9 & on Price Per A/C |
2540E559N20
|
MP - LAVATORIES - REVISION - LAVS D AND E - NON-SPACEWALL IN LIEU OF SPACEWALL
|
***
|
***
|
***
|
2560-000269
|
CREW LIFE VEST STOWAGE - FLIGHT DECK, SECOND OBSERVER - CAPTAIN'S SEAT BACK
|
***
|
***
|
***
|
2560C410D09
|
CREW LIFE VESTS - FLIGHT DECK, WITH SECOND OBSERVER - EASTERN AERO MARINE INC - P/N P01202-301C - BFE/SPE
|
***
|
***
|
***
|
2562E559E21
|
OVERWATER EMERGENCY EQUIPMENT - BFE/SPE - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
2562E559K34
|
MP - OVERWATER EMERGENCY EQUIPMENT - DELETION - LIFE RAFTS - EASTERN AERO MARINE - BFE
|
***
|
***
|
***
|
2562E559U37
|
MP - OVERWATER EMERGENCY EQUIPMENT - REPLACEMENT - PASSENGER LIFE VEST - EASTERN AERO MARINE INC - BFE
|
***
|
***
|
***
|
2564E559D98
|
DETACHABLE EMERGENCY EQUIPMENT - PASSENGER COMPARTMENT - BFE/SPE - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
2564E559X35
|
MP - DETACHABLE EMERGENCY EQUIPMENT - PASSENGER COMPARTMENT - DELETION - FIRST AID KIT - MINE SAFETY APPLIANCES CO - BFE
|
***
|
***
|
***
|
2622E088A14
|
APU FIRE EXTINGUISHER BOTTLE - COMMON WITH ENGINE BOTTLES
|
***
|
***
|
***
|
2841-000004
|
STANDARD FUEL SYSTEM ACCURACY - NO FUEL DENSITOMETERS
|
***
|
***
|
***
|
2841-000012
|
FUEL QUANTITY INDICATORS ON RIGHT WING FUELING PANEL
|
***
|
***
|
***
|
2844-000019
|
FUEL MEASURING STICKS IN LINEAR UNITS WITH CONVERSION TABLES IN U.S. GALLONS
|
***
|
***
|
***
|
2911-000042
|
ENGINE-DRIVEN HYDRAULIC PUMPS WITH VESPEL SPLINE - EATON (VICKERS) - 10-62167
|
***
|
***
|
***
|
2911-000044
|
AC MOTOR-DRIVEN HYDRAULIC PUMPS - EATON (VICKERS) - 10-60556
|
***
|
***
|
***
|
2911E684D00
|
MP - AC MOTOR DRIVEN HYDRAULIC PUMPS - INSTALL TWO PARKER (ABEX) IN LIEU OF TWO EATON (VICKERS) - SFE
|
***
|
***
|
***
|
3041-000003
|
NO HEATED FLIGHT COMPARTMENT NUMBER 3 WINDOW
|
***
|
***
|
***
|
3131-000143
|
ACCELEROMETER - HONEYWELL P/N 971-4193-001 - BFE/SPE
|
***
|
***
|
***
|
3131B628B16
|
DIGITAL FLIGHT DATA RECORDER (DFDR) - HONEYWELL - 1024 WORDS PER SECOND MAXIMUM DATA RATE - P/N 980-4750-009 - BFE/SPE
|
***
|
***
|
***
|
3131E103A15
|
DIGITAL FLIGHT DATA ACQUISITION UNIT (DFDAU) - CATIIIB/IAN/GLS/NPS CAPABLE - WITH ACMS CAPABILITY - ONS - SFE
|
***
|
***
|
***
|
3131E437C26
|
MP - FLIGHT DATA RECORDER SYSTEM - REPLACEMENT - FLIGHT DATA RECORDER WITH 90 DAY BATTERY IN LIEU OF FLIGHT DATA RECORDER WITH 30 DAY BATTERY - HONEYWELL INTERNATIONAL INC - BFE
|
***
|
***
|
***
|
3132E437D35
|
MP - ARINC 615 PORTABLE DATA LOADER CONNECTOR - INSTALLATION - FLIGHT DECK - P61-4 MAINTENANCE BITE PANEL
|
***
|
***
|
***
|
3133-000123
|
ARINC 740 PRINTER PROVISIONS IN THE FLIGHT DECK AISLESTAND
|
***
|
***
|
***
|
3135E437D40
|
MP - ONBOARD NETWORK SYSTEM - QUICK ACCESS RECORDER - DAR OUTPUT 23300
|
***
|
***
|
***
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
7
|
BOEING PROPRIETARY
|
|
CR
|
Title
|
2011 $
A/P 1 - 4 Price Per A/C |
2011 $
A/P 5 - 8 Price Per A/C |
2011 $
A/P 9 & on Price Per A/C |
3161-000133
|
ENGINE FUEL FLOW - FULL TIME DISPLAY - PRIMARY ENGINE DISPLAY UNIT
|
***
|
***
|
***
|
3161C175A22
|
ENGINE OIL QUANTITY DISPLAY - PERCENT - ENGINE DISPLAY
|
***
|
***
|
***
|
3162-000018
|
ATTITUDE COMPARATOR - FLASHING - ADI
|
***
|
***
|
***
|
3162-000022
|
FLIGHT DIRECTOR COMMAND DISPLAY - SPLIT AXIS - ADI
|
***
|
***
|
***
|
3162-000028
|
RADIO ALTITUDE - BELOW ADI
|
***
|
***
|
***
|
3162-000030
|
RISING RUNWAY - DISPLAYED ON THE ADI
|
***
|
***
|
***
|
3162-000036
|
LANDING ALTITUDE REFERENCE BAR - PRIMARY FLIGHT DISPLAY
|
***
|
***
|
***
|
3162-000040
|
BARO MINIMUMS POINTER - DISPLAYED ON SELECTION OF RADIO ALTITUDE MINIMUMS - PRIMARY FLIGHT DISPLAY
|
***
|
***
|
***
|
3162-000044
|
TCAS RESOLUTION ADVISORY - VSI
|
***
|
***
|
***
|
3162-000051
|
ILS LOCALIZER DEVIATION EXPANDED SCALE - AUTOPILOT OR FLIGHT DIRECTOR MODE
|
***
|
***
|
***
|
3162-000059
|
MAP MODE ORIENTATION - TRACK UP - NAVIGATION DISPLAY
|
***
|
***
|
***
|
3162-000064
|
RANGE ARCS - NAVIGATION DISPLAY
|
***
|
***
|
***
|
3162-000079
|
MANUALLY TUNED VOR SELECTED COURSE LINES DISPLAYED - NAVIGATION DISPLAY
|
***
|
***
|
***
|
3162-000084
|
TCAS 3 NM RANGE RING - NAVIGATION DISPLAY
|
***
|
***
|
***
|
3162-000088
|
AIRSPEED BUG - ENABLED - 80 KNOT SETTING - MACH AIRSPEED INDICATOR
|
***
|
***
|
***
|
3162A627A36
|
CDS - SOFTWARE ACTIVATION - VNAV SPEED BANDS - ENABLE
|
***
|
***
|
***
|
3162C594A29
|
CDS - SOFTWARE ACTIVATION - NAVIGATION PERFORMANCE SCALES - ENABLE
|
***
|
***
|
***
|
3162E437C95
|
MP - FLIGHT AND NAVIGATION DISPLAYS - LANDING SYS ELECTRONIC PLACARD WORKSHEET - AUXILIARY DISPLAY
|
***
|
***
|
***
|
3244-000008
|
SERVICE INTERPHONE CONNECTOR - EXTERNAL POWER PANEL
|
***
|
***
|
***
|
3245B290A77
|
WHEELS AND TIRES - NOSE LANDING GEAR - WHEELS - GOODRICH - INSTALLATION WITH SFE 12 PR, 235 MPH RATED RADIAL TIRES
|
***
|
***
|
***
|
3245B290A92
|
BRAKES - CARBON - GOODRICH
|
***
|
***
|
***
|
3245C927A08
|
WHEELS AND TIRES - MAIN LANDING GEAR - WHEELS FOR CARBON BRAKES - GOODRICH - INSTALLATION WITH 30-PR, 235 MPH RADIAL TIRES
|
***
|
***
|
***
|
3321C869A65
|
PASSENGER CABIN LIGHTING - SINGLE-ZONE CONTROL - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
3324C195A04
|
NO SMOKING SIGN - SILK SCREENED SYMBOL AND RETAIN CHIME FUNCTION
|
***
|
***
|
***
|
3327D380B90
|
GALLEY LIGHTS - 28 VDC POWER - GALLEY G7 / CLOSET
|
***
|
***
|
***
|
3327E559L81
|
MP - GALLEY LIGHTS - 28 VDC POWER - DELETION - GALLEY G7 / CLOSET
|
***
|
***
|
***
|
3350E097A38
|
EMERGENCY ESCAPE PATH LIGHTING - FLOOR MOUNTED - NARROW COLOR PHOTOLUMINESCENT
|
***
|
***
|
***
|
3412-000022
|
DUAL ELEMENT NON-ASPIRATED TAT PROBE
|
***
|
***
|
***
|
3430B866A28
|
ILS/GPS MULTI-MODE RECEIVER (MMR) - HONEYWELL - P/N 066-50029-1201 - BFE/SPE
|
***
|
***
|
***
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
8
|
BOEING PROPRIETARY
|
|
CR
|
Title
|
2011 $
A/P 1 - 4 Price Per A/C |
2011 $
A/P 5 - 8 Price Per A/C |
2011 $
A/P 9 & on Price Per A/C |
3430E437D65
|
MP - MULTI-MODE RECEIVER (MMR) AND VOR/MARKER BEACON - REPLACEMENT - HONEYWELL 3G MMR P/N 69002600-0101 IN LIEU OF EXISTING HONEYWELL MMR P/N 066-50029-1201 AND HONEYWELL VOR/MARKER BEACON P/N 69001410-100 - BFE
|
***
|
***
|
***
|
3430E437D69
|
MP - MULTI-MODE RECEIVER (MMR) AND VOR/MARKER BEACON - CHANGE INCORP - REPLACEMENT - HONEYWELL 3G MMR P/N 69002600-0101 IN LIEU OF EXISTING HONEYWELL MMR P/N 066-50029-1201 AND HONEYWELL VOR/MARKER BEACON P/N 69001410-100 - BFE
|
***
|
***
|
***
|
3431C175A06
|
NAVIGATION CONTROL PANEL (NCP) - GNSS LANDING SYSTEM (GLS) CAPABLE - GABLES - P/N G7501-01- BFE/SPE
|
***
|
***
|
***
|
3433C594A98
|
LOW RANGE RADIO ALTIMETER (LRRA) - CAT IIIB CAPABLE - HONEYWELL - P/N 066-50007-0531- BFE/SPE
|
***
|
***
|
***
|
3436E640B45
|
MP - HEAD UP DISPLAY (HUD) SYSTEM - INSTALLATION - SINGLE ROCKWELL COLLINS HEAD-UP GUIDANCE SYSTEM (HGS) MODEL 6000 WITH MCDU INTERFACE - STC CERTIFIED - BFE
|
***
|
***
|
***
|
3443B696L73
|
SINGLE WEATHER RADAR SYSTEM CONTROL PANEL - HONEYWELL RDR-4000 RADAR SYSTEM - P/N 930-5101-001 - BFE/SPE
|
***
|
***
|
***
|
3443E032A44
|
SINGLE WEATHER RADAR SYSTEM - WITH PREDICTIVE WINDSHEAR - HONEYWELL RDR-4000, VERSION 2 TRANSCEIVER - 930-2000-001 - BFE/SPE
|
***
|
***
|
***
|
3445C594B01
|
TCAS SYSTEM - HONEYWELL TCAS COMPUTER P/N 940-0351-001 - TCAS CHANGE 7.1 COMPLIANT - BFE/SPE
|
***
|
***
|
***
|
3446-000046
|
LOW VOLUME FOR ALTITUDE CALLOUTS
|
***
|
***
|
***
|
3446-000049
|
500 SMART CALLOUT INHIBITED
|
***
|
***
|
***
|
3446-000057
|
GROUND PROXIMITY WARNING SYSTEM ALTITUDE CALLOUTS - 100, 50, 30, 10
|
***
|
***
|
***
|
3446C174A14
|
ENHANCED GROUND PROXIMITY WARNING SYSTEM (EGPWS) - BANK ANGLE CALLOUT (VARIABLE CALLOUT BELOW 130 FT) - ENABLE
|
***
|
***
|
***
|
3451E097A30
|
VOR/MARKER BEACON - HONEYWELL RECEIVER P/N 69001410-100 - BFE/SPE
|
***
|
***
|
***
|
3453E052A56
|
ATC SYSTEM - HONEYWELL INTERNATIONAL INC ATC TRANSPONDER P/N 066-01212-0301 - ADS-B OUT DO-260B COMPLIANT - HONEYWELL INTERNATIONAL INC CONTROL PANEL P/N 071-01503-2601 - BFE/SPE
|
***
|
***
|
***
|
3455D338A05
|
DISTANCE MEASURING EQUIPMENT (DME) SCANNING INTERROGATOR- HONEYWELL P/N 066-50013-0111 - BFE/SPE
|
***
|
***
|
***
|
3461A150B73
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - ENGINE-OUT STANDARD INSTRUMENT DEPARTURES (SID'S) - ENABLE
|
***
|
***
|
***
|
3461A425A10
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - NAVIGATION DATABASE - CUSTOMER SUPPLIED
|
***
|
***
|
***
|
3461A425A17
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - AIRLINE OPERATIONAL COMMUNICATION DATA LINK (AOC DL) - FEATURE ACTIVATION
|
***
|
***
|
***
|
3461A425A30
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS)- ABEAM WAYPOINTS- ENABLE
|
***
|
***
|
***
|
3461A425A48
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - ACTIVATE COLOR OPERATION
|
***
|
***
|
***
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
9
|
BOEING PROPRIETARY
|
|
CR
|
Title
|
2011 $
A/P 1 - 4 Price Per A/C |
2011 $
A/P 5 - 8 Price Per A/C |
2011 $
A/P 9 & on Price Per A/C |
3461A890A76
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - NAVIGATION DISPLAY - MISSED APPROACH IN CYAN UNTIL ACTIVE - ENABLE
|
***
|
***
|
***
|
3461B430C49
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - REQUIRED NAVIGATION PERFORMANCE (RNP) DEFAULT VALUE CHANGE
|
***
|
***
|
***
|
3461B696E14
|
MP - FMCE - ADDITIONAL CONTROL DISPLAY UNIT FIX PAGES - ENABLE
|
***
|
***
|
***
|
3461B696K97
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - VERTICAL RNP DEFAULT VALUE - REVISION
|
***
|
***
|
***
|
3461C175A11
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - AIR TRAFFIC SERVICES DATA LINK (ATS DL) - FANS FEATURE ACTIVATION
|
***
|
***
|
***
|
3461C175A14
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - FANS CAPABLE MCDU WITH ATC KEYBOARD - INSTALLATION-SFE
|
***
|
***
|
***
|
3461C175A32
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - COMMON VNAV - ENABLE
|
***
|
***
|
***
|
3461C175A34
|
FLIGHT MANAGEMENT COMPUTER SYSTEM (FMCS) - SPEED PROPAGATION FROM THE CRUISE PAGE TO THE DESCENT PAGE - ENABLE
|
***
|
***
|
***
|
3461C430J05
|
FLIGHT MANAGEMENT COMPUTING SYSTEM (FMCS) - VOR INHIBIT
|
***
|
***
|
***
|
3461C594A26
|
FLIGHT MANAGEMENT COMPUTING SYSTEM (FMCS) - INTENT DATA TRANSMITTED TO ACARS - ENABLE
|
***
|
***
|
***
|
3511B873B93
|
CREW OXYGEN MASK - FULL FACE MASK WITH BUILT-IN SMOKE GOGGLES - SECOND OBSERVER - AV-OX INC - BFE/SPE
|
***
|
***
|
***
|
3511B873B94
|
CREW OXYGEN MASK - FULL FACE MASK WITH BUILT-IN SMOKE GOGGLES - FIRST OBSERVER - AV-OX INC - BFE/SPE
|
***
|
***
|
***
|
3511B873B95
|
CREW OXYGEN MASKS - FULL FACE MASK WITH BUILT-IN SMOKE GOGGLES - CAPTAIN AND FIRST OFFICER - AV-OX INC - BFE/SPE
|
***
|
***
|
***
|
3811-000017
|
POTABLE WATER - SERVICEABLE TO 40 GALLONS
|
***
|
***
|
***
|
3812-000002
|
NO WATER QUANTITY GAUGE - WATER SERVICE PANEL
|
***
|
***
|
***
|
3832-000076
|
NO SENSOR FOULED LIGHT - COVER PLATE
|
***
|
***
|
***
|
3832-000078
|
NO WASTE QUANTITY GAUGE - COVER PLATE
|
***
|
***
|
***
|
3910E437A86
|
AFT ELECTRONICS PANEL ARRANGEMENT WITH TWO RADIO TUNING PANELS AND ARINC 740 PRINTER PROVISIONS
|
***
|
***
|
***
|
4435E484C78
|
MP - HIGH SPEED COMMUNICATION - STRUCTURAL PROVISIONS - KU BAND RADOME INSTALLATION - 737 BOEING SKY INTERIOR 159200
|
***
|
***
|
***
|
4435E484D01
|
MP - HIGH SPEED COMMUNICATION - PARTIAL PROVISIONS - GLOBAL EAGLE ENTERTAINMENT CABIN NETWORK SYSTEM WITH KU BAND CONNECTIVITY - THREE WIRELESS ACCESS POINTS (WAP) - 737 BOEING SKY INTERIOR
|
***
|
***
|
***
|
4435E484D80
|
MP - HIGH-SPEED COMMUNICATIONS - INSTALLATION INTO PARTIAL PROVISIONS - WIRELESS CABIN NETWORK WITH 3 CWLU'S AND KU BAND CONNECTIVITY - GLOBAL EAGLE ENTERTAINMENT - CSE/SPE
|
***
|
***
|
***
|
4435E484H13
|
MP - HIGH SPEED COMMUNICATION - REPLACEMENT - TRI-BAND RADOME IN LIEU OF KU BAND RADOME
|
***
|
***
|
***
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
10
|
BOEING PROPRIETARY
|
|
CR
|
Title
|
2011 $
A/P 1 - 4 Price Per A/C |
2011 $
A/P 5 - 8 Price Per A/C |
2011 $
A/P 9 & on Price Per A/C |
4435E484H15
|
MP - HIGH SPEED COMMUNICATION - CHANGE INCORP - REPLACEMENT - TRI-BAND RADOME IN LIEU OF KU BAND RADOME
|
***
|
***
|
***
|
4610E437C72
|
MP - GROUND BASED CONNECTIVITY - INSTALLATION - AIRCRAFT WIRELESS LAN UNIT CELLULAR - TELEDYNE CONTROLS - BFE
|
***
|
***
|
***
|
4610E437E26
|
MP - ONBOARD NETWORK SYSTEM - ACTIVATION OF ONS-ACARS CMU INTERFACE
|
***
|
***
|
***
|
4610E437E28
|
MP - ONBOARD NETWORK SYSTEM - CHANGE INCORP - ACTIVATION OF ONS-ACARS CMU INTERFACE
|
***
|
***
|
***
|
4610E839A41
|
MP - ONBOARD NETWORK SYSTEM - REPLACEMENT - AIRCRAFT WIRELESS LAN UNIT - CELLULAR AND WIFI IN LIEU OF CELLULAR GROUND BASED CONNECTIVITY ONLY - TELEDYNE CONTROLS - BFE
|
***
|
***
|
***
|
5231A561C54
|
CARGO DOOR - SOLID SKIN
|
***
|
***
|
***
|
5300-000027
|
UNDERSEAT FLOOR PANELS, LOW TRAFFIC CAPABILITY
|
***
|
***
|
***
|
5352A298A28
|
RADOME- NORDAM- SFE
|
***
|
***
|
***
|
7200D422A12
|
CFM LEAP-1B ENGINES - 1B28B1 RATING
|
***
|
***
|
***
|
7200E430E27
|
MP - CFM LEAP -1B ENGINES - CHANGE INCORP - REVISION - 1B28 RATING IN LIEU OF 1B28B1 RATING
|
***
|
***
|
***
|
7200E684E22
|
MP - CFM LEAP -1B ENGINES - REVISION - 1B28 RATING IN LIEU OF 1B28B1 RATING
|
***
|
***
|
***
|
7900-000116
|
LUBRICATING OIL - MOBIL JET II
|
***
|
***
|
***
|
MISC
|
INTERIOR ALLOWANCE
|
***
|
***
|
***
|
|
TOTALS:
|
***
|
***
|
***
|
SWA-PA-03729
|
|
SA-7
|
Page A1-
11
|
BOEING PROPRIETARY
|
|
SWA-PA-03729-BFE1
|
|
SA-7
|
|
BOEING PROPRIETARY
|
Page
1
|
1.
|
Supplier Selection
.
|
SWA-PA-03729-BFE1
|
|
SA-7
|
|
BOEING PROPRIETARY
|
Page
2
|
Nominal Del Date
|
Aircraft Qty
|
Seats
|
Galley / Furnishings
|
Antennas & Mounting Equipment
|
Avionics
|
Cabin Systems Equipment
|
Misc. Emergency Equipment
|
Textiles / Raw Materials
|
Cargo Systems
|
Provision Kits
|
Radomes
|
Jul-2017
|
3
|
5/23/2017
|
5/16/2017
|
3/27/2017
|
5/16/2017
|
5/16/2017
|
5/16/2017
|
2/9/2017
|
5/2/2017
|
1/9/2017
|
4/17/2017
|
Aug-2017
|
6
|
6/21/2017
|
6/14/2017
|
4/24/2017
|
6/14/2017
|
6/14/2017
|
6/14/2017
|
3/9/2017
|
5/31/2017
|
2/6/2017
|
5/15/2017
|
Sep-2017
|
1
|
7/25/2017
|
7/18/2017
|
5/25/2017
|
7/18/2017
|
7/18/2017
|
7/18/2017
|
4/11/2017
|
7/3/2017
|
3/9/2017
|
6/16/2017
|
Oct-2017
|
2
|
8/22/2017
|
8/15/2017
|
6/23/2017
|
8/15/2017
|
8/15/2017
|
8/15/2017
|
5/9/2017
|
8/1/2017
|
4/6/2017
|
7/17/2017
|
Nov-2017
|
2
|
9/22/2017
|
9/15/2017
|
7/26/2017
|
9/15/2017
|
9/15/2017
|
9/15/2017
|
6/9/2017
|
8/31/2017
|
5/8/2017
|
8/16/2017
|
Jan-2018
|
2
|
11/13/2017
|
11/6/2017
|
9/15/2017
|
11/6/2017
|
11/6/2017
|
11/6/2017
|
8/1/2017
|
10/23/2017
|
6/28/2017
|
10/6/2017
|
Mar-2018
|
1
|
1/22/2018
|
1/15/2018
|
11/14/2017
|
1/15/2018
|
1/15/2018
|
1/15/2018
|
9/29/2017
|
12/22/2017
|
8/28/2017
|
12/7/2017
|
Jun-2018
|
1
|
4/24/2018
|
4/17/2018
|
2/26/2018
|
4/17/2018
|
4/17/2018
|
4/17/2018
|
1/11/2018
|
4/3/2018
|
12/1/2017
|
3/19/2018
|
Jul-2018
|
2
|
5/23/2018
|
5/16/2018
|
3/27/2018
|
5/16/2018
|
5/16/2018
|
5/16/2018
|
2/9/2018
|
5/2/2018
|
1/9/2018
|
4/17/2018
|
Aug-2018
|
1
|
6/22/2018
|
6/15/2018
|
4/26/2018
|
6/15/2018
|
6/15/2018
|
6/15/2018
|
3/13/2018
|
6/1/2018
|
2/8/2018
|
5/17/2018
|
Sep-2018
|
2
|
7/25/2018
|
7/18/2018
|
5/29/2018
|
7/18/2018
|
7/18/2018
|
7/18/2018
|
4/13/2018
|
7/4/2018
|
3/13/2018
|
6/19/2018
|
Oct-2018
|
2
|
8/22/2018
|
8/15/2018
|
6/26/2018
|
8/15/2018
|
8/15/2018
|
8/15/2018
|
5/11/2018
|
8/1/2018
|
4/10/2018
|
7/17/2018
|
Nov-2018
|
1
|
9/24/2018
|
9/17/2018
|
7/27/2018
|
9/17/2018
|
9/17/2018
|
9/17/2018
|
6/13/2018
|
9/3/2018
|
5/11/2018
|
8/17/2018
|
Dec-2018
|
1
|
10/24/2018
|
10/17/2018
|
8/28/2018
|
10/17/2018
|
10/17/2018
|
10/17/2018
|
7/13/2018
|
10/3/2018
|
6/12/2018
|
9/18/2018
|
Mar-2021
|
1
|
1/20/2021
|
1/13/2021
|
11/24/2020
|
1/13/2021
|
1/13/2021
|
1/13/2021
|
10/9/2020
|
12/30/2020
|
9/8/2020
|
12/15/2020
|
Apr-2021
|
3
|
2/22/2021
|
2/15/2021
|
12/25/2020
|
2/15/2021
|
2/15/2021
|
2/15/2021
|
11/11/2020
|
2/1/2021
|
10/9/2020
|
1/15/2021
|
May-2021
|
3
|
3/24/2021
|
3/17/2021
|
1/26/2021
|
3/17/2021
|
3/17/2021
|
3/17/2021
|
12/11/2020
|
3/3/2021
|
11/10/2020
|
2/16/2021
|
Jun-2021
|
3
|
4/22/2021
|
4/15/2021
|
2/24/2021
|
4/15/2021
|
4/15/2021
|
4/15/2021
|
1/11/2021
|
4/1/2021
|
12/9/2020
|
3/17/2021
|
Jul-2021
|
3
|
5/24/2021
|
5/17/2021
|
3/26/2021
|
5/17/2021
|
5/17/2021
|
5/17/2021
|
2/10/2021
|
5/3/2021
|
1/8/2021
|
4/16/2021
|
Mar-2022
|
2
|
1/20/2022
|
1/13/2022
|
11/24/2021
|
1/13/2022
|
1/13/2022
|
1/13/2022
|
10/11/2021
|
12/30/2021
|
9/8/2021
|
12/15/2021
|
Apr-2022
|
3
|
2/22/2022
|
2/15/2022
|
12/27/2021
|
2/15/2022
|
2/15/2022
|
2/15/2022
|
11/11/2021
|
2/1/2022
|
10/11/2021
|
1/17/2022
|
May-2022
|
3
|
3/23/2022
|
3/16/2022
|
1/25/2022
|
3/16/2022
|
3/16/2022
|
3/16/2022
|
12/10/2021
|
3/2/2022
|
11/9/2021
|
2/15/2022
|
Jun-2022
|
3
|
4/22/2022
|
4/15/2022
|
2/24/2022
|
4/15/2022
|
4/15/2022
|
4/15/2022
|
1/11/2022
|
4/1/2022
|
12/9/2021
|
3/17/2022
|
Jul-2022
|
2
|
5/24/2022
|
5/17/2022
|
3/28/2022
|
5/17/2022
|
5/17/2022
|
5/17/2022
|
2/10/2022
|
5/3/2022
|
1/10/2022
|
4/18/2022
|
Aug-2022
|
2
|
6/22/2022
|
6/15/2022
|
4/26/2022
|
6/15/2022
|
6/15/2022
|
6/15/2022
|
3/11/2022
|
6/1/2022
|
2/8/2022
|
5/17/2022
|
Jan-2023
|
3
|
11/23/2022
|
11/16/2022
|
9/27/2022
|
11/16/2022
|
11/16/2022
|
11/16/2022
|
8/12/2022
|
11/2/2022
|
7/12/2022
|
10/18/2022
|
Feb-2023
|
3
|
12/23/2022
|
12/16/2022
|
10/27/2022
|
12/16/2022
|
12/16/2022
|
12/16/2022
|
9/13/2022
|
12/2/2022
|
8/11/2022
|
11/17/2022
|
Mar-2023
|
1
|
1/20/2023
|
1/13/2023
|
11/24/2022
|
1/13/2023
|
1/13/2023
|
1/13/2023
|
10/11/2022
|
12/30/2022
|
9/8/2022
|
12/15/2022
|
Mar-2023
|
2
|
1/20/2023
|
1/13/2023
|
11/24/2022
|
1/13/2023
|
1/13/2023
|
1/13/2023
|
10/11/2022
|
12/30/2022
|
9/8/2022
|
12/15/2022
|
Apr-2023
|
3
|
2/22/2023
|
2/15/2023
|
12/27/2022
|
2/15/2023
|
2/15/2023
|
2/15/2023
|
11/11/2022
|
2/1/2023
|
10/11/2022
|
1/17/2023
|
May-2023
|
3
|
3/22/2023
|
3/15/2023
|
1/24/2023
|
3/15/2023
|
3/15/2023
|
3/15/2023
|
12/9/2022
|
3/1/2023
|
11/8/2022
|
2/14/2023
|
Jun-2023
|
3
|
4/24/2023
|
4/17/2023
|
2/24/2023
|
4/17/2023
|
4/17/2023
|
4/17/2023
|
1/11/2023
|
4/3/2023
|
12/9/2022
|
3/17/2023
|
Jul-2023
|
3
|
5/24/2023
|
5/17/2023
|
3/28/2023
|
5/17/2023
|
5/17/2023
|
5/17/2023
|
2/10/2023
|
5/3/2023
|
1/10/2023
|
4/18/2023
|
Aug-2023
|
3
|
6/22/2023
|
6/15/2023
|
4/26/2023
|
6/15/2023
|
6/15/2023
|
6/15/2023
|
3/13/2023
|
6/1/2023
|
2/8/2023
|
5/17/2023
|
Sep-2023
|
3
|
7/25/2023
|
7/18/2023
|
5/29/2023
|
7/18/2023
|
7/18/2023
|
7/18/2023
|
4/13/2023
|
7/4/2023
|
3/13/2023
|
6/19/2023
|
Oct-2023
|
3
|
8/23/2023
|
8/16/2023
|
6/27/2023
|
8/16/2023
|
8/16/2023
|
8/16/2023
|
5/12/2023
|
8/2/2023
|
4/11/2023
|
7/18/2023
|
Nov-2023
|
2
|
9/22/2023
|
9/15/2023
|
7/27/2023
|
9/15/2023
|
9/15/2023
|
9/15/2023
|
6/13/2023
|
9/1/2023
|
5/11/2023
|
8/17/2023
|
Dec-2023
|
2
|
10/24/2023
|
10/17/2023
|
8/28/2023
|
10/17/2023
|
10/17/2023
|
10/17/2023
|
7/13/2023
|
10/3/2023
|
6/12/2023
|
9/18/2023
|
SWA-PA-03729-BFE1
|
|
SA-7
|
|
BOEING PROPRIETARY
|
Page
3
|
Nominal Del Date
|
Aircraft Qty
|
Seats
|
Galley / Furnishings
|
Antennas & Mounting Equipment
|
Avionics
|
Cabin Systems Equipment
|
Misc. Emergency Equipment
|
Textiles / Raw Materials
|
Cargo Systems
|
Provision Kits
|
Radomes
|
Jan-2024
|
4
|
11/22/2023
|
11/15/2023
|
9/26/2023
|
11/15/2023
|
11/15/2023
|
11/15/2023
|
8/11/2023
|
11/1/2023
|
7/11/2023
|
10/17/2023
|
Feb-2024
|
4
|
12/25/2023
|
12/18/2023
|
10/27/2023
|
12/18/2023
|
12/18/2023
|
12/18/2023
|
9/13/2023
|
12/4/2023
|
8/11/2023
|
11/17/2023
|
Mar-2024
|
4
|
1/23/2024
|
1/16/2024
|
11/27/2023
|
1/16/2024
|
1/16/2024
|
1/16/2024
|
10/12/2023
|
1/2/2024
|
9/11/2023
|
12/18/2023
|
Apr-2024
|
4
|
2/21/2024
|
2/14/2024
|
12/26/2023
|
2/14/2024
|
2/14/2024
|
2/14/2024
|
11/10/2023
|
1/31/2024
|
10/10/2023
|
1/16/2024
|
May-2024
|
4
|
3/22/2024
|
3/15/2024
|
1/25/2024
|
3/15/2024
|
3/15/2024
|
3/15/2024
|
12/12/2023
|
3/1/2024
|
11/9/2023
|
2/15/2024
|
Jun-2024
|
3
|
4/24/2024
|
4/17/2024
|
2/27/2024
|
4/17/2024
|
4/17/2024
|
4/17/2024
|
1/12/2024
|
4/3/2024
|
12/12/2023
|
3/19/2024
|
Jul-2024
|
3
|
5/22/2024
|
5/15/2024
|
3/26/2024
|
5/15/2024
|
5/15/2024
|
5/15/2024
|
2/9/2024
|
5/1/2024
|
1/9/2024
|
4/16/2024
|
Aug-2024
|
3
|
6/24/2024
|
6/17/2024
|
4/26/2024
|
6/17/2024
|
6/17/2024
|
6/17/2024
|
3/13/2024
|
6/3/2024
|
2/9/2024
|
5/17/2024
|
Sep-2024
|
3
|
7/24/2024
|
7/17/2024
|
5/28/2024
|
7/17/2024
|
7/17/2024
|
7/17/2024
|
4/12/2024
|
7/3/2024
|
3/12/2024
|
6/18/2024
|
Oct-2024
|
3
|
8/22/2024
|
8/15/2024
|
6/26/2024
|
8/15/2024
|
8/15/2024
|
8/15/2024
|
5/13/2024
|
8/1/2024
|
4/10/2024
|
7/17/2024
|
Nov-2024
|
3
|
9/24/2024
|
9/17/2024
|
7/29/2024
|
9/17/2024
|
9/17/2024
|
9/17/2024
|
6/13/2024
|
9/3/2024
|
5/13/2024
|
8/19/2024
|
Dec-2024
|
3
|
10/23/2024
|
10/16/2024
|
8/27/2024
|
10/16/2024
|
10/16/2024
|
10/16/2024
|
7/12/2024
|
10/2/2024
|
6/11/2024
|
9/17/2024
|
Jan-2025
|
4
|
11/22/2024
|
11/15/2024
|
9/26/2024
|
11/15/2024
|
11/15/2024
|
11/15/2024
|
8/13/2024
|
11/1/2024
|
7/11/2024
|
10/17/2024
|
Feb-2025
|
4
|
12/25/2024
|
12/18/2024
|
10/29/2024
|
12/18/2024
|
12/18/2024
|
12/18/2024
|
9/13/2024
|
12/4/2024
|
8/13/2024
|
11/19/2024
|
Mar-2025
|
4
|
1/22/2025
|
1/15/2025
|
11/26/2024
|
1/15/2025
|
1/15/2025
|
1/15/2025
|
10/11/2024
|
1/1/2025
|
9/10/2024
|
12/17/2024
|
Apr-2025
|
4
|
2/20/2025
|
2/13/2025
|
12/25/2024
|
2/13/2025
|
2/13/2025
|
2/13/2025
|
11/11/2024
|
1/30/2025
|
10/9/2024
|
1/15/2025
|
May-2025
|
3
|
3/24/2025
|
3/17/2025
|
1/24/2025
|
3/17/2025
|
3/17/2025
|
3/17/2025
|
12/11/2024
|
3/3/2025
|
11/8/2024
|
2/14/2025
|
Jun-2025
|
3
|
4/23/2025
|
4/16/2025
|
2/25/2025
|
4/16/2025
|
4/16/2025
|
4/16/2025
|
1/10/2025
|
4/2/2025
|
12/10/2024
|
3/18/2025
|
Jul-2025
|
3
|
5/22/2025
|
5/15/2025
|
3/26/2025
|
5/15/2025
|
5/15/2025
|
5/15/2025
|
2/10/2025
|
5/1/2025
|
1/8/2025
|
4/16/2025
|
Aug-2025
|
3
|
6/24/2025
|
6/17/2025
|
4/28/2025
|
6/17/2025
|
6/17/2025
|
6/17/2025
|
3/13/2025
|
6/3/2025
|
2/10/2025
|
5/19/2025
|
Sep-2025
|
3
|
7/23/2025
|
7/16/2025
|
5/27/2025
|
7/16/2025
|
7/16/2025
|
7/16/2025
|
4/11/2025
|
7/2/2025
|
3/11/2025
|
6/17/2025
|
Oct-2025
|
3
|
8/22/2025
|
8/15/2025
|
6/26/2025
|
8/15/2025
|
8/15/2025
|
8/15/2025
|
5/13/2025
|
8/1/2025
|
4/10/2025
|
7/17/2025
|
Nov-2025
|
3
|
9/24/2025
|
9/17/2025
|
7/29/2025
|
9/17/2025
|
9/17/2025
|
9/17/2025
|
6/13/2025
|
9/3/2025
|
5/13/2025
|
8/19/2025
|
Dec-2025
|
3
|
10/22/2025
|
10/15/2025
|
8/26/2025
|
10/15/2025
|
10/15/2025
|
10/15/2025
|
7/11/2025
|
10/1/2025
|
6/10/2025
|
9/16/2025
|
Total
|
170
|
|
|
|
|
|
|
|
|
|
|
SWA-PA-03729-BFE1
|
|
SA-7
|
|
BOEING PROPRIETARY
|
Page
4
|
|
|
The Boeing Company
|
|
P. O. Box 3707
|
|
|
Seattle, WA 98124-2207
|
|
|
|
Subject:
|
737-8 Aircraft ***
|
Reference:
|
Purchase Agreement No. PA-03729 (
Purchase Agreement
) between The Boeing Company (
Boeing
) and Southwest Airlines Co. (
Customer
) relating to Model 737-8 aircraft (
Aircraft
)
|
SWA‑PA‑03729‑LA‑1400371
|
|
|
737-8 ***
|
|
LA Page
1
|
|
BOEING PROPRIETARY
|
|
|
THE BOEING COMPANY
|
||
|
|
|
By
|
/s/ Kyle Kersavage
|
|
Its
|
Attorney‑In‑Fact
|
|
|
|
|
ACCEPTED AND AGREED TO this
|
||
|
|
|
Date:
|
August 25, 2017
|
|
|
||
SOUTHWEST AIRLINES CO.
|
||
|
|
|
By
|
/s/ Chris Monroe
|
|
|
Chris Monroe
|
|
Its
|
SVP, Finance
|
SWA‑PA‑03729‑LA‑1400371
|
|
|
737-8 ***
|
|
LA Page
2
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
1
|
|
|
MODEL 737-8 ***
|
|
FOR Southwest Airlines Co.
|
SECTION
|
CONTENTS
|
1
|
***
|
2
|
***
|
3
|
***
|
4
|
***
|
5
|
***
|
6
|
***
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
2
|
|
|
1
|
***
|
2
|
***
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
3
|
|
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
4
|
|
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
5
|
|
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
6
|
|
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
7
|
|
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
8
|
|
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
9
|
|
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
10
|
|
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
11
|
|
|
3
|
***
|
4
|
***
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
12
|
|
|
5
|
***
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
Attachment to Letter Agreement
|
|
|
No. LA-1400371
|
|
|
LEAP-1B28 Enginges
|
|
|
Page
13
|
|
|
6
|
***
|
P.A. No 03729
|
|
|
AERO-B-BBA4-M13-1194C
|
|
SS15-0540
|
|
BOEING PROPRIETARY
|
|
|
|
The Boeing Company
|
|
P. O. Box 3707
|
|
|
Seattle, WA 98124-2207
|
|
|
|
Attention:
|
Jon
Stephens
,
Director
-
Fleet Transactions
|
||
|
|
||
Subject:
|
***
|
||
|
|
||
Reference:
|
A)
|
Purchase
Agreement
No
.
PA-03729
(Purchase
Agreement)
between
The Boeing
Company
(Boeing)
and
Southwest A
i
rlines Co
.
(Customer)
relating to Model
737-8
aircraft
(Aircraft)
|
|
|
|
|
|
|
B)
|
Master
Change
Proposal No
.
4435E484D80 ***
|
|
|
|||
|
|||
|
provided under
|
||
correspondence letter no
.
6-1131-CMM-LL0-16872,
dated March
|
|||
20, 2015
(Activation
MC)
|
|
|
March 20, 2015
|
|
|
LA Page
1
|
|
BOEING PROPRIETARY
|
|
|
4.
|
Assignment.
|
5.
|
Confidentiality
.
|
THE BOEING COMPANY
|
||
|
|
|
By
|
/s/ Jon W. Lewis
|
|
Its
|
Attorney‑In‑Fact
|
|
|
|
|
ACCEPTED AND AGREED TO this
|
||
|
|
|
Date:
|
March 23, 2017
|
|
|
||
SOUTHWEST AIRLINES CO.
|
||
|
|
|
By
|
/s/ Jon Stephens
|
|
|
|
|
Its
|
Director Fleet Transactions
|
SWA-PA-03729-LA-1500831
|
|
March 20, 2015
|
***
|
|
LA Page
2
|
|
BOEING PROPRIETARY
|
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Airframe Model/MTOW:
|
737-8
|
181,200 pounds
|
|
Detail Specification:
|
|
D019A007-NEW (11/4/2011)
|
|
|
4Q16 External Fcst
|
Engine Model/Thrust:
|
CFMLEAP-
1B28B1
|
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 Agreemt:
|
|
***
|
|
|
|
|
|
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2019
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2019
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2019
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2020
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2020
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2020
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2020
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2020
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2021
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Jan-2021
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2021
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Mar-2021
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729-LA1106474
106097-1O
.TXT
|
Boeing Proprietary
|
Page
1
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2021
|
1
|
***
|
***
|
D
|
***
|
***
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|
Apr-2021
|
1
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|
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May-2021
|
1
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***
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|
D
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May-2021
|
1
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|
Jun-2021
|
1
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***
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|
D
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|
Jul-2021
|
2
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***
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Jul-2021
|
1
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***
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|
D
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Aug-2021
|
1
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***
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D
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***
|
***
|
Sep-2021
|
2
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***
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***
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***
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***
|
***
|
***
|
***
|
Oct-2021
|
1
|
***
|
***
|
D
|
***
|
***
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***
|
***
|
***
|
Oct-2021
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2021
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Dec-2021
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2022
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Jan-2022
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2022
|
1
|
***
|
***
|
D
|
***
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***
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***
|
***
|
***
|
Feb-2022
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2022
|
1
|
***
|
***
|
D
|
***
|
***
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***
|
***
|
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|
Mar-2022
|
1
|
***
|
***
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***
|
***
|
***
|
***
|
***
|
Apr-2022
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
May-2022
|
1
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***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2022
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Jul-2022
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2022
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729-LA1106474
106097-1O
.TXT
|
Boeing Proprietary
|
Page
2
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2022
|
1
|
***
|
***
|
D
|
***
|
***
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***
|
***
|
***
|
Oct-2022
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2022
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Nov-2022
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2022
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Dec-2022
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2022
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Jan-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Feb-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Mar-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Apr-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
May-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
May-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Jun-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Jul-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Aug-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729-LA1106474
106097-1O
.TXT
|
Boeing Proprietary
|
Page
3
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Oct-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Nov-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2023
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Dec-2023
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Jan-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Feb-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Mar-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Apr-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
May-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
May-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Jun-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Aug-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Sep-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729-LA1106474
106097-1O
.TXT
|
Boeing Proprietary
|
Page
4
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Nov-2024
|
1
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2024
|
1
|
***
|
***
|
D
|
***
|
***
|
***
|
***
|
***
|
Dec-2024
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
May-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2025
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
May-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729-LA1106474
106097-1O
.TXT
|
Boeing Proprietary
|
Page
5
|
|
Attachment 1 To
|
|
|
Letter Agreement No. LA 1106474
|
|
|
Option Aircraft Delivery, Description, Price and Advance Payments
|
|
Delivery
Date*
|
Number of
Aircraft
|
Escalation
Factor
(Airframe)
|
Option
Exercise Date
Deadline
|
Aircraft
Block
|
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-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Sep-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Oct-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Nov-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Dec-2026
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jan-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Feb-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Mar-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Apr-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
May-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jun-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Jul-2027
|
3
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
Aug-2027
|
2
|
***
|
***
|
|
***
|
***
|
***
|
***
|
***
|
|
|
SA-7
|
SWA-PA-03729-LA1106474
106097-1O
.TXT
|
Boeing Proprietary
|
Page
6
|
|
|
The Boeing Company
|
|
P. O. Box 3707
|
|
|
Seattle, WA 98124-2207
|
|
|
|
Subject:
|
Open Matters
|
Reference:
|
Purchase Agreement No. PA‑03729 (
Purchase Agreement
) between The Boeing Company (
Boeing
) and Southwest Airlines Co. (
Customer
) relating to Model 737‑8 and 737-7 aircraft (
Aircraft
)
|
SWA‑PA‑03729‑LA‑1106463R2
|
|
SA-7
|
Open Matters
|
|
Page
1
|
|
Boeing Proprietary
|
|
|
SWA‑PA‑03729‑LA‑1106463R2
|
|
SA-7
|
Open Matters
|
|
Page
2
|
|
Boeing Proprietary
|
|
|
SWA‑PA‑03729‑LA‑1106463R2
|
|
SA-7
|
Open Matters
|
|
Page
3
|
|
Boeing Proprietary
|
|
|
THE BOEING COMPANY
|
||
|
|
|
By
|
/s/ Kyle Kersavage
|
|
Its
|
Attorney‑In‑Fact
|
|
|
|
|
ACCEPTED AND AGREED TO this
|
||
|
|
|
Date:
|
August 25, 2017
|
|
|
||
SOUTHWEST AIRLINES CO.
|
||
|
|
|
By
|
/s/ Chris Monroe
|
|
|
Chris Monroe
|
|
Its
|
SVP, Finance
|
SWA‑PA‑03729‑LA‑1106463R2
|
|
SA-7
|
Open Matters
|
|
Page
4
|
|
Boeing Proprietary
|
|
|
|
The Boeing Company
|
|
P. O. Box 3707
|
|
|
Seattle, WA 98124-2207
|
|
|
|
|
|
|
|
BOEING PROPRIETARY
|
|
|
|
|
|
|
|
|
|
|
|
|
THE BOEING COMPANY
|
||
|
|
|
/s/ Kyle Kersavage
|
||
|
|
|
|
|
|
Kyle Kersavage
|
||
Regional Director
|
||
Boeing Commercial Airplanes, Contracts
|
||
|
|
|
ACCEPTED AND AGREED TO this
|
||
|
|
|
Date:
|
September 29, 2017
|
|
|
||
SOUTHWEST AIRLINES CO.
|
||
|
|
|
By
|
/s/ Chris Monroe
|
|
|
Chris Monroe
|
|
Its
|
SVP, Finance
|
Letter Agreement No. 6-1162-KLK-0059R2
|
|
|
***
|
|
Page
2
|
|
BOEING PROPRIETARY
|
|
|
|
|
|
|
|
|
|
|
|
|
Attachment A To
|
Letter Agreement No. 6-1162-KLK-0059R1
|
***
|
Table 1
|
||
|
||
***
|
||
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
|
|
***
|
|
Table 2
|
|
|
|
|
***
|
||
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
***
|
|
***
|
***
|
Letter Agreement No. 6-1162-KLK-0059R2
|
|
|
***
|
|
Page
3
|
|
BOEING PROPRIETARY
|
|
|
Table of Contents
|
Page
|
|
|
|
ARTICLE I
|
DEFINITIONS
|
1
|
ARTICLE II
|
ELIGIBILITY
|
4
|
ARTICLE III
|
CREDITS TO ACCOUNT
|
4
|
ARTICLE IV
|
ENTITLEMENT TO BENEFITS
|
5
|
ARTICLE V
|
PAYMENT OF BENEFITS.
|
6
|
ARTICLE VI
|
IN-SERVICE WITHDRAWALS AND LOANS
|
8
|
ARTICLE VII
|
ADMINISTRATION OF THE PLAN
|
9
|
ARTICLE VIII
|
CLAIMS REVIEW PROCEDURE
|
10
|
ARTICLE IX
|
LIMITATION OF RIGHTS
|
11
|
ARTICLE X
|
LIMITATION OF ASSIGNMENT AND PAYMENTS TO LEGALLY INCOMPETENT DISTRIBUTEE
|
12
|
ARTICLE XI
|
AMENDMENT TO OR TERMINATION OF THE PLAN
|
12
|
ARTICLE XII
|
STATUS OF PARTICIPANT AS UNSECURED CREDITOR
|
13
|
ARTICLE XIII
|
GENERAL AND MISCELLANEOUS
|
13
|
Table of Contents
|
Page
|
ARTICLE I DEFINITIONS
|
1
|
ARTICLE II ELIGIBILITY
|
4
|
ARTICLE III CREDITS TO ACCOUNT
|
5
|
ARTICLE IV ENTITLEMENT TO BENEFITS
|
6
|
ARTICLE V PAYMENT OF BENEFITS
|
6
|
ARTICLE VI IN-SERVICE WITHDRAWALS AND LOANS
|
8
|
ARTICLE VII ADMINISTRATION OF THE PLAN
|
9
|
ARTICLE VIII CLAIMS REVIEW PROCEDURE
|
10
|
ARTICLE IX LIMITATION OF RIGHTS
|
11
|
ARTICLE X LIMITATION OF ASSIGNMENT AND PAYMENTS TO
LEGALLY INCOMPETENT DISTRIBUTEE
|
11
|
ARTICLE XI AMENDMENT TO OR TERMINATION OF THE PLAN
|
12
|
ARTICLE XII STATUS OF PARTICIPANT AS UNSECURED CREDITOR
|
13
|
ARTICLE XIII GENERAL AND MISCELLANEOUS
|
13
|
|
By:
|
/s/ Gary C. Kelly
|
|
|
Gary C. Kelly
|
|
|
Chief Executive Officer
|
|
By:
|
/s/ Tammy Romo
|
|
|
Tammy Romo
|
|
|
Chief Financial Officer
|
(1)
|
The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and
|
(2)
|
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
|
|
By:
|
/s/ Gary C. Kelly
|
|
|
Gary C. Kelly
|
|
|
Chief Executive Officer
|
|
By:
|
/s/ Tammy Romo
|
|
|
Tammy Romo
|
|
|
Chief Financial Officer
|