EX-4.5.5 3 d368835dex455.htm EX-4.5.5 EX-4.5.5

Exhibit 4.5.5

Supplemental Agreement No. 6

to

Purchase Agreement No. 3256

between

THE BOEING COMPANY

and

LATAM AIRLINES GROUP S.A.

Relating to Boeing Model 787-916/787-816 Aircraft

THIS SUPPLEMENTAL AGREEMENT, entered into as of May 27, 2016, (“Supplemental Agreement Number 6” or “SA-6”) by and between THE BOEING COMPANY, a Delaware corporation (Boeing), and LATAM Airlines Group S.A. (formerly having the legal name LAN Airlines S.A. and doing business as LAN Airlines), a Chilean corporation (Customer);

W I T N E S S E T H:

WHEREAS, the parties entered into Purchase Agreement No. 3256, dated as of October 29, 2007 relating to the purchase and sale of Boeing Model 787-916 and Model 787-816 Aircraft (the Purchase Agreement) as amended by Supplemental Agreements No. 1, 2, 3, 4 and 5;

WHEREAS, Customer and Boeing wish to document the conversion of four (4) Model 787-816 Aircraft to (4) Model 787-916 Aircraft; and

WHEREAS, Customer and Boeing wish to slide delivery of two (2) Model 787-916 Aircraft from 1 Q 2018 and 2Q 2018 to 3Q 2018 and 4Q 2018 respectively; and

[***]

AGREEMENT:

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

 

P.A. No. 3256

 

“[***]” This information is subject to

confidential treatment and has been omitted

and filed separately with the Commission.

   

SA6-1

BOEING PROPRIETARY

        

1. Table of Contents. The Table of Contents of the Purchase Agreement is deleted in its entirety and is replaced by the new Table of Contents and is attached as Exhibit 1 to this SA-6.

 

2. Articles – N/A in this SA-6.

 

3. Tables

3.1 Table 1-ROLLS 787-916 Rev 3 is deleted in its entirety and replaced by Table 1-ROLLS 787-916 Rev 4, which incorporates the four (4) additional 787-916 Aircraft.

3.2 Table 1-ROLLS 787-816 Rev 3 is deleted in its entirety as all four (4) 787-816 Aircraft have been converted to 787-916 Aircraft.

4. Exhibits and Supplemental Exhibits

4.1 N/A in this SA-6.

5. Letter Agreements

[***]

 

P.A. No. 3256

 

“[***]” This information is subject to

confidential treatment and has been omitted

and filed separately with the Commission.

   

SA6-2

BOEING PROPRIETARY

        

6. Miscellaneous

[***]

7. Confidential Treatment.

Boeing and Customer understand that the commercial and financial information contained in this Supplemental Agreement Number 6 is considered by the parties as confidential (Confidential Information) and both agree not to disclose such Confidential Information except as provided herein. In addition to the parties’ respective officers, directors and employees who need to know the Confidential Information and who understand the obligation to keep it confidential, the parties may disclose Confidential Information (1) to the extent required by law, including without limitation judicial order or by a requirement of a governmental agency and (2) to its agents, auditors and advisors who need to know the Confidential Information for purposes of enabling each party to understand, perform its obligations under, or receive the benefits of, this Supplemental Agreement Number 6 and who have agreed not to use or disclose the Confidential Information for any other purpose without the other party’s prior written consent. In the event that a party concludes that disclosure of Confidential Information contained in this Supplemental Agreement Number 6 is required by applicable law, the party will so advise the other party promptly in writing and endeavor to protect the confidentiality of such Confidential Information to the widest extent possible. In the event of a legal dispute with Boeing, nothing herein will preclude Customer from sharing with its legal counsel information necessary for purposes of enabling counsel to advise or represent Customer provided that so long as Customer causes its legal counsel to maintain the confidentiality of information that is the subject of this Article. Except as provided in the assignment provisions of Article 10 of the Special Matters Letter Agreement 6-1162-ILK-03 1 0R6, Customer will not disclose this Supplemental Agreement Number 6 for purposes of financing payments without the prior written consent of Boeing, which consent will be provided once the financier enters into a Non Disclosure Agreement with Boeing in form and substance reasonably satisfactory to Boeing, which will include agreeing not to disclose or use Confidential Information except for the purpose set forth herein. This provision shall not apply to any Confidential Information that is in the public domain except that a party will be liable to the other for breach of its obligations under this provision if the Confidential Information entered the public domain as a consequence of a wrongful act or omission on its part.

Unless the context otherwise requires, all capitalized terms used herein and not otherwise defined shall have the same meanings as in the Purchase Agreement. The Purchase

 

P.A. No. 3256

 

“[***]” This information is subject to

confidential treatment and has been omitted

and filed separately with the Commission.

   

SA6-3

BOEING PROPRIETARY

        

Agreement will be deemed to be amended to the extent provided herein and as so amended will continue in full force and effect. In the event of any inconsistency between the above provisions and the provisions contained in the referenced exhibits to this Supplemental Agreement Number 6, the terms of the exhibits will control.

This Supplemental Agreement will become effective upon execution and receipt by both Parties on or before May 31, 2016, and shall have no effect if executed after such date.

 

THE BOEING COMPANY       LATAM AIRLINES GROUP S.A.
By:   

/s/ David Hilby

       By:   

/s/ ANDRES DEL VALLE E.

   David Hilby          ANDRES DEL VALLE E.
Its   

Attorney-In-Fact

       Its:   

Senior Vice president Corporate Finance

           

LATAM Airlines Group

         By:   

/s/ ROBERTO ALVO

           

ROBERTO ALVO

 

         Its:    CEO International & Alliances
            LATAM AIRLINES GROUP

 

LOGO

 

P.A. No. 3256

 

   

SA6-4

BOEING PROPRIETARY

        

     TABLE OF CONTENTS     

ARTICLES

        

SA

NUMBER

1.

    Quantity, Model and Description    SA-1

2.

    Delivery Schedule    SA-1

3.

    Price    SA-1

4.

    Payment    SA-1

5.

    Miscellaneous    SA-1

TABLE

          

1-ROLLS

    787-916 Aircraft Information Table 1 Rev 4    SA-6

1-GENX

    787-916 Aircraft Information Table 1   

1-GENX

    787-816 Aircraft Information Table 1   

Table 3

    787-816 Aircraft Information Table 1 for 2011-2013 Aircraft Rev 1    SA-4

Table 5

    787-816 Aircraft Information Table 1 for Table 5 Aircraft    SA-3

Table 6

    787-816 Aircraft Information Table 1 for Table 6 Aircraft    SA-3

EXHIBIT

          

A.

    787-916 Aircraft Configuration    SA-4

A.

    787-816 Aircraft Configuration    SA-3

B.

    Aircraft Delivery Requirements and Responsibilities   

 

  

TOC-1

BOEING PROPRIETARY

    SA-4    

SUPPLEMENTAL EXHIBITS

   

SA

NUMBER

AE1.    Escalation Adjustment/Airframe and Optional Features   
BFE1.    Buyer Furnished Equipment Variables   
BFE2.    Buyer Furnished Equipment Variables for Accelerated Aircraft    SA-1 & SA-2 Art. 6.2
CS1.    Customer Support Variables   
EEl.ROLLS    Engine Escalation and Engine Warranty   
EE1.GENx    Engine Escalation and Engine Warranty   
SLP1.    Service Life Policy Components   

 

LETTER AGREEMENTS

     
3256-01    787 Spare Parts Initial Provisioning   

SA-1 & SA-2

(Art 7.1)

3256-02    Open Configuration Matters   

SA-1& SA-2

(Art 7.2)

3256-03    787 e-Enabling Letter Agreement   
3256-04    787 Spare Parts Commitment   
   [***]   

 

“[***]” This information is subject to

confidential treatment and has been omitted

and filed separately with the Commission.

   

TOC-2

BOEING PROPRIETARY

    SA-4    

LETTER AGREEMENTS

        

SA

NUMBER

6-1162-ILK-0317    Option Aircraft   

6-1162-ILK-0318

   

Alternate Engine Selection

   

SA1 & SA2

(Art 2)

  

[***]

 

   
6-1162-ILK-0327    Performance Guarantees 787-916/-816    SA-2 (Art7. 10)
   [***]   
6-1167-MAG-0496    Aircraft Performance Guarantees for 787-816 Table 6 Aircraft    SA-3

 

“[***]” This information is subject to

confidential treatment and has been omitted

and filed separately with the Commission.

   

TOC-3

BOEING PROPRIETARY

    SA-4    

[***]

 

“[***]” This information is subject to

confidential treatment and has been omitted

and filed separately with the Commission.

   

TOC-4

BOEING PROPRIETARY

    SA-4    

Table 1 Rev 4 to

SA-6

Purchase Agreement No. PA-03256

787-916 Aircraft Delivery, Description, Price and Advance Payments

 

Airframe Model/MTOW:             787-9

      557000 pounds  

Engine Model/Thrust:             TRENT1000-J

      74400 pounds  

Airframe Price:

    $ 156,849,000  

Optional Features:

    $ 3,839,800  
  

 

 

  

Sub-Total of Airframe and Features:

    $ 160,688,800  

Engine Price (Per Aircraft):

    $ 26,084,646  

Aircraft Basic Price (Excluding BFE/SPE):

    $ 186,773,446  
  

 

 

  

Buyer Furnished Equipment (BFE) Estimate:

    $ 0  

In-Flight Entertainment (IFE) Estimate:

    $ 6,129,500  

Deposit per Aircraft:

    $ 155,000  

Detail Specification:

      787B1-4102-O  (9/5/2014)  

Airframe Price Base Year/Escalation Formula:

      Jul-06             ECl-MFG/CPI                 

Engine Price Base Year/Escalation Formula:

      Jul-06             787 ECI-MFG CPI Eng  

Airframe Escalation Data:

   

Base Year Index (ECI):

      180.3  

Base Year Index (CPI):

      195.4  

Engine Escalation Data:

   

Base Year Index (ECI):

      180.300  

Base Year Index (CPI):

      195.400  

 

 

 

Delivery

Date

    Number of
Aircraft		    Escalation
Factor
(Airframe)		    Escalation
Factor
(Engine)		    Manufacturer
Serial Number		    Escalation Estimate
Adv Payment Base
Price Per A/P		      Advance Payment Per Aircraft (Amts. Due/Mos. Prior to
Delivery):		  
                  At
Signing
1%		      24 Mos.
4%		      21/18/12/9/6 Mos.
5%		      Total
30%		  

Aug-2015

    1    1.308    1.205    38478    $ 247,743,000      $ 2,322,430      $ 9,909,720      $ 12,387,150      $ 74,322,900  

Sep-2015

    1    1.3112    1.2066    38479    $ 248,299,000      $ 2,327,990      $ 9,931,960      $ 12,414,950      $ 74,489,700  

Dec-2015

    1    1.3209    1.2139    38461    $ 250,048,000      $ 2,345,480      $ 10,001,920      $ 12,502,400      $ 75,014,400  

Jan-2016

    1    1.3242    1.2165    38459    $ 250,646,000      $ 2,351,460      $ 10,025,840      $ 12,532,300      $ 75,193,800  

Mar-2016

    1    1.3307    1.2214    38467    $ 251,818,000      $ 2,363,180      $ 10,072,720      $ 12,590,900      $ 75,545,400  

May-2016

    1    1.3373    1.2265    38474    $ 253,012,000      $ 2,375,120      $ 10,120,480      $ 12,650,600      $ 75,903,600  

Jun-2016

    1    1.3406    1.2289    38482    $ 253,605,000      $ 2,381,050      $ 10,144,200      $ 12,680,250      $ 76,081,300  

Aug-2017

    1    1.3876    1.2665    38468    $ 262,138,000      $ 2,466,380      $ 10,485,520      $ 13,106,900      $ 78,641,400  

Aug-2018

    2    1.4293    1.3038    38460. 38463    $ 269,812,000      $ 2,543,120      $ 10,792,480      $ 13,490,600      $ 80,943,000  

Nov-2018

    2    1.4399    1.3117    38462. 38465    $ 271,721,000      $ 2,562,210      $ 10,868,840      $ 13,586,050      $ 81,516,300  

1Q 2019

    1    1.4506    1.3224    38481    $ 273,720,000      $ 2,582,200      $ 10,948,800      $ 13,686,000      $ 82,116,000  

2Q 2019

    1    1.4613    1.3317    38483    $ 275,681,000      $ 2,601,810      $ 11,027,240      $ 13,784,050      $ 82,704,300  

3Q 2019

    1    1.4722    1.3405    38469    $ 277,663,000      $ 2,621,630      $ 11,106,520      $ 13,883,150      $ 83,298,900  

 

LAN-PA-03256 SA-6

71984-1F.TXT

    Boeing Proprietary    Page 1

Table 1 Rev 4 to

SA-6

Purchase Agreement No. PA-03256

787-916 Aircraft Delivery, Description, Price and Advance Payments

 

Delivery

Date

    Number
of
Aircraft		    Escalation
Factor
(Airframe)		      Escalation
Factor
(Engine)		      Manufacturer
Serial Number		      Escalation Estimate
Adv Payment Base
Price Per A/P		      Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):  
                  At Signing
1%		      24 Mos.
4%		      21/18/12/9/6 Mos.
5%		      Total
30%		  

4Q 2019

    1      1.4831        1.3488        38470      $ 279,631,000      $ 2,641,310      $ 11,185,240      $ 13,981,550      $ 83,889,300  

Total:

    16                        

 

LAN-PA-03256 SA-6

71984-1F.TXT

    Boeing Proprietary    Page 2

Supplemental Agreement No. 7

to

Purchase Agreement No. 3256

between

THE BOEING COMPANY

and

LATAM AIRLINES GROUP S.A.

Relating to Boeing Model 787-916/787-816 Aircraft

THIS SUPPLEMENTAL AGREEMENT, entered into as of 20th December, 2016, (“Supplemental Agreement Number 7” or “ SA-7”) by and between THE BOEING COMPANY, a Delaware corporation (Boeing), and LATAM Airlines Group S.A. (formerly having the legal name LAN Airlines S.A. and doing business as LAN Airlines), a Chilean corporation (Customer), amends Purchase Agreement No. 3256;

W I T N E S S E T H:

WHEREAS, the parties entered into Purchase Agreement No. 3256, dated as of October 29, 2007, and as amended from time to time, relating to the purchase and sale of Boeing Model 787-816 and Model 787-916 Aircraft (the “Purchase Agreement”);

WHEREAS, Customer and Boeing wish to revise delivery dates for four (4) Model 787-916 Aircraft, previously scheduled to deliver in 2018, to two (2) delivery dates in 2020 and two (2) delivery dates in 2021;

WHEREAS, Customer and Boeing wish to document the actual delivery month for two (2) Model 787-916 Aircraft 2019 shown in 1Q 2019 and 2Q 2019, as January 2019 and April 2019.

WHEREAS, Customer and Boeing wish to document Customer’s election to change to a Cabin Systems Equipment (CSE) procurement program for Inflight Entertainment (IFE).

AGREEMENT:

 

P.A. No. 3256

   

SA7-1

BOEING PROPRIETARY

        

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

1. Table of Contents. The Table of Contents of the Purchase Agreement is deleted in its entirely and is replaced by the new Table of Contents (identified as SA-7). Such revised Table of Contents is, by this reference, incorporated in the Agreement.

2. Articles – N/A in this SA-7.

3. Tables Table 1-Rev 4 has been revised to reflect that four (4) Aircraft formerly scheduled to deliver in 2018 have been moved. A new Table 1-B has been created for these four (4) Aircraft moved from 2018 and shows the revised delivery dates in 2020 and 2021.

3.1 Table 1-Rev 4 for Model 787-916 Aircraft is deleted in its entirely and replaced by a new Table 1-A for Model 787-916 Aircraft. Such revised Table 1-A (identified by SA-7) is, by this reference, incorporated in the Agreement.

3.2 Table 1-B for Model 787-916 is hereby added to the Purchase Agreement by this reference. This new Table 1-B reflects the revised delivery dates for four (4) Aircraft that are now scheduled to deliver in 2020 and 2021.

4. Exhibits and Supplemental Exhibits

N/A in this SA-7.

5. Letter Agreements

5.1 Boeing has submitted to Customer a draft of Letter Agreement 6-1166-TLL-0548, “Cabin Systems Equipment” (CSE Letter Agreement). Customer and Boeing agree to continue discussion of the CSE Letter Agreement with the intent of executing this Letter Agreement no later than November 1, 2017.

[***]

 

P.A. No. 3256

“[***]” This information is subject to confidential treatment and has been omitted andfiled seperately with the comission.

   

SA7-2

BOEING PROPRIETARY

        

6. Miscellaneous.

[***]

7. Confidential Treatment.

Boeing and Customer understand that the commercial and financial information contained in this Supplemental Agreement is considered by the parties as confidential (Confidential Information) and both agree not to disclose such Confidential Information except as provided herein. In addition to the parties’ respective officers, directors and employees who need to know the Confidential Information and who understand the obligation to keep it confidential, the parties may disclose Confidential Information (1) to the extent required by law, including without limitation judicial order or by a requirement of a governmental agency and (2) to its agents, auditors and advisors who need to know the Confidential Information for purposes of enabling each party to understand, perform its obligations under, or receive the benefits of, this Supplemental Agreement and who have agreed not to use or disclose the Confidential Information for any other purpose

 

“[***]” This information is subject to confidential treatment and has been omitted andfiled seperately with the comission.

   

SA7-3

BOEING PROPRIETARY

   

without the other party’s prior written consent. In the event that a party concludes that disclosure of Confidential Information contained in this Supplemental Agreement is required by applicable law, the party will so advise the other party promptly in writing and endeavor to protect the confidentiality of such Confidential Information to the widest extent possible. In the event of a legal dispute with Boeing, nothing herein will preclude Customer from sharing with its legal counsel information necessary for purposes of enabling counsel to advise or represent Customer provided that so long as Customer causes its legal counsel to maintain the confidentiality of information that is the subject of this Article. Except as provided in the assignment provisions of Article 10 of the Special Matters Letter Agreement 6-1162-ILK-0310R6, Customer will not disclose this Supplemental Agreement for purposes of financing payments without the prior written consent of Boeing, which consent will be provided once the financier enters into a Non Disclosure Agreement with Boeing in form and substance reasonably satisfactory to Boeing, which will include agreeing not to disclose or use Confidential Information except for the purpose set forth herein. This provision shall not apply to any Confidential Information that is in the public domain except that a party will be liable to the other for breach of its obligations under this provision if the Confidential Information entered the public domain as a consequence of a wrongful act or omission on its part.

Unless the context otherwise requires, all capitalized terms used herein and not otherwise defined shall have the same meanings as in the Purchase Agreement. The Purchase Agreement will be deemed to be amended to the extent provided herein and as so amended will continue in full force and effect. In the event of any inconsistency between the above provisions and the provisions contained in the referenced exhibits to this Supplemental Agreement Number 7, the terms of the exhibits will control.

This Supplemental Agreement will become effective upon execution and receipt by both Parties.

 

P.A. No. 3256

   

SA7-4

BOEING PROPRIETARY

        

THE BOEING COMPANY    LATAM AIRLINES GROUP S.A.
By:   

/s/ Toni L.S. Lund

    By:   

/s/ JOSÉ MALUF

   Toni L. S. Lund       JOSÉ MALUF
Its   

Attorney-In-Fact

    Its:    VP Flota LATAM
      By:   

/S/ Roberto Alvo

      Its:   

Roberto Alvo

 

P.A. No. 3256

   

SA7-5

BOEING PROPRIETARY

        

TABLE OF CONTENTS

 

ARTICLES

        SA
NUMBER

1.

  

Quantity, Model and Description

    SA-1

2.

  

Delivery Schedule

    SA-1

3.

  

Price

    SA-1

4.

  

Payment

    SA-1

5.

  

Miscellaneous

    SA-1

TABLE

         
1-ROLLS   787-916 Aircraft Information Table 1-A    SA-7
1-ROLLS   787-916 Aircraft Information Table 1-B    SA-7
Table 3   787-816 Aircraft Information Table 1 for 2011-2013 Aircraft Rev    ISA-4
Table 5   787-816 Aircraft Information Table 1 for Table 5 Aircraft    SA-3
Table 6   787-816 Aircraft Information Table 1 for Table 6 Aircraft    SA-3

EXHIBIT

         
A.   787-916 Aircraft Configuration    SA-4
A.   787-816 Aircraft Configuration    SA-3
B.   Aircraft Delivery Requirements and Responsibilities   

 

  

TOC -1

BOEING PROPRIETARY

    SA-7

SUPPLEMENTAL EXHIBITS

    SA
NUMBER

AE1.

   Escalation Adjustment/Airframe and Optional Features   

BFE1.

   Buyer Furnished Equipment Variables   

BFE2.

  

Buyer Furnished Equipment Variables for Accelerated

Aircraft

    SA-1 & SA-2
Art. 6.2

CS1.

   Customer Support Variables   

EE1.ROLLS

   Engine Escalation and Engine Warranty   

EE1.GENx

   Engine Escalation and Engine Warranty   

SLP1.

   Service Life Policy Components   

LETTER AGREEMENTS.

     

3256-01

   787 Spare Parts Initial Provisioning    SA-1 & SA-2

(Art 7.1)

3256-02

   Open Configuration Matters    SA-1 & SA-2

(Art 7.2)

3256-03

   787 e-Enabling Letter Agreement   

3256-04

  

787 Spare Parts Commitment

[***]

   

 

“[***]” This information is subject to

confidential treatment and has been omitted

and filed separately with the Commission.

           

LETTER AGREEMENTS

    SA
NUMBER		  
6-1162-ILK-0317   Option Aircraft   
6-1162-ILK-0318   Alternate Engine Selection      SA1 &SA2  
  [***]      (Art 2)  

6-1162-ILK-0327

   Performance Guarantees 787-916/-816      SA-2 (Art7.10)  
  [***]   

6-1167-MAG-0496

 

Aircraft Performance Guarantees for 787-816 Table 6

Aircraft

      SA-3  
  [***]   

 

 

“[***]” This information is subject to

confidential treatment and has been omitted

and filed separately with the Commission.

   

TOC-3

BOEING PROPRIETARY

    SA-7

   [***]   

 

 

“[***]” This information is subject to

confidential treatment and has been omitted

and filed separately with the Commission.

   

TOC-4

BOEING PROPRIETARY

    SA-7

Table 1-A

to Purchase Agreement No. 3256

Aircraft Delivery, Description, Price and Advance Payments

Boeing Model 787-916 Aircraft

Airframe Model/MTOW:             787-9

      557000 pounds  

Engine Model/Thrust:             TRENT1000-J

      74400 pounds  

Airframe Price:

    $ 156,849.000  

Optional Features:

    $ 3,839,800  
  

 

 

  

Sub-Total of Airframe and Features:

    $ 160,688,800  

Engine Price (Per Aircraft):

    $ 26,084,646  

Aircraft Basic Price (Excluding BFE/SPE):

    $ 186,773,446  
  

 

 

  

Buyer Furnished Equipment (BFE) Estimate:

    $ 0  

In-Flight Entertainment (IFE) Estimate:

    $ 6,129,500  

Deposit per Aircraft:

    $ 155,000  

 

Detail Specification:

    787B1-4102-O (9/5/2014)

Airframe Price Base Year/Escalation Formula:

    Jul-06         ECI-MFG/CPI

Engine Price Base Year/Escalation Formula

            Jul-06         787 ECI-MFG CPI  Eng
  

Airframe Escalation Data:

   

Base Year Index (ECI):

    180.3

Base Year Index (CPI):

    195.4

Engine Escalation Data:

   

Base Year Index (ECI):

    180.300

Base Year Index (CPI):

    195.400
 

Delivery

Date

    Number of
Aircraft		    Escalation
Factor
(Airframe)		    Escalation
Factor
(Engine)		    Manufacturer
Serial Number		    Escalation Estimate
Adv Payment Base
Price Per A/P		      Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):  
                  At
Signing
1%		      24 Mos.
4%		      21/18/12/9/6 Mos.
5%		      Total
30%		  

Aug-2015

    1    1.3080    1.205    38478    $ 247,743,000      $ 2,322,430      $ 9,909,720      $ 12,387,150      $ 74,322,900  

Sep-2015

    1    1.3112    1.2066    38479    $ 248,299,000      $ 2,327,990      $ 9,931,960      $ 12,414,950      $ 74,489,700  

Dec-2015

    1    1.3209    1.2139    38461    $ 250,048.000      $ 2,345,480      $ 10,001,920      $ 12,502,400      $ 75,014,400  

Jan-2016

    1    1.3242    1.2165    38459    $ 250,646,000      $ 2,351,460      $ 10,025,840      $ 12,532,300      $ 75,193,800  

Mar-2016

    1    1.3307    1.2214    38467    $ 251,818,000      $ 2,363,180      $ 10,072,720      $ 12,590,900      $ 75,545,400  

May-2016

    1    1.3373    1.2265    38474    $ 253,012,000      $ 2,375,120      $ 10,120,480      $ 12,650,600      $ 75,903,600  

Jun-2016

    1    1.3406    1.2289    38482    $ 253,605,000      $ 2,381,050      $ 10,144,200      $ 12,680,250      $ 76,081,500  

Aug-2017

    1    1.3876    1.2665    38468    $ 262,138,000      $ 2,466,380      $ 10,485,520      $ 13,106,900      $ 78,641,400  

Jan-2019

    1    1.4470    1.3189    38481    $ 273,050,000      $ 2,575,500      $ 10,922,000      $ 13,652,500      $ 81,915,000  

Apr-2019

    1    1.4577    1.3285    38483    $ 275,020,000      $ 2,595,200      $ 11,000,800      $ 13,751,000      $ 82,506,000  

3Q 2019 *

    1    1.4722    1.3405    38469    $ 277,663,000      $ 2,621,630      $ 11,106,520      $ 13,883,150      $ 83,298,900  

4Q 2019 *

    1    1.4831    1.3488    38470    $ 279,631,000      $ 2,641,310      $ 11,185,240      $ 13,981,550      $ 83,889,300  

To3tal:

    12                        

 

* Indicative pricing for midmonth of the quarter.

 

 

LAN PA No 3256 SA-7

71984-1F.TXT

    Boeing Proprietary   

 

Page 1

Table 1-B

to Purchase Agreement No. 3256

Aircraft Delivery, Description, Price and Advance Payments

Boeing Model 787-916 Aircraft

 

Airframe Model/MTOW:             787-9

     557000 pounds  

Engine Model/Thrust:             TRENT1000-J

     74400 pounds  

Airframe Price:

   $ 156.849.000  

Optional Features:

   $ 3.839.800  
 

 

 

  

Sub-Total of Airframe and Features:

   $ 160.688.800  

Engine Price (Per Aircraft):

   $ 26.084.646  

Aircraft Basic Price (Excluding BFE/SPE):

   $ 186,773,446  
 

 

 

  
 

In-Flight Entertainment (IFE) Estimate:

   $ 6.129.500  
 

Deposit per Aircraft:

   $ 155 .000  

Detail Specification:                              787B1-4102-S (12/11/2015)

Airframe Price Base Year/Escalation Formula:

    Jul-06             ECI-MFG/CPI

Engine Price Base Year/Escalation Formula:

                  Jul-06              787 ECI-MFG CPI Eng
  

Airframe Escalation Data:

   

Base Year Index (ECI):

    180.3

Base Year Index (CPI):

    195.4

Engine Escalation Data:

   

Base Year Index (ECI):

    180.300

Base Year Index (CPI):

    195.400
  
 

Delivery

Date

    Number of
Aircraft		    Escalation
Factor
(Airframe)		    Escalation
Factor
(Engine)		   

 

    Escalation Estimate
Adv Payment Base
Price Per A/P		      Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):  
                  At Signing
1%		      24 Mos.
4%		      21/18/12/9/6 Mos.
5%		      Total
30%		  

2Q 2020 *

    1    1.5052    1.3677       $ 283,674,000      $ 2,681,740      $ 11,346,960      $ 14,183,700      $ 85,102,200  

3Q 2020*

    1    1.5163    1.3763       $ 285,682,000      $ 2,701,820      $ 11,427,280      $ 14,284,100      $ 85,704,600  

2Q 2021 *

    1    1.5503    1.4033       $ 291,850,000      $ 2,763,500      $ 11,674,000      $ 14,592,500      $ 87,555,000  

3Q 2021*

    1    1.5618    1.4114       $ 293,909,000      $ 2,784,090      $ 11,756,360      $ 14,695,450      $ 88,172,700  

Total:

    4                        

 

 

*  Indicative pricing for midmonth of the quarter.

 

LAN PA No 3256 SA-7

96057-1F.TXT

    Boeing Proprietary   

    

 

Page 1