EX-10.52 3 c97589exv10w52.htm EXHIBIT 10.52 Exhibit 10.52
     
CONFIDENTIAL TREATMENT   EXHIBIT 10.52
CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED AND FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT
TO A REQUEST FOR CONFIDENTIAL TREATMENT
Supplemental Agreement No. 19
to
Purchase Agreement No. 2191
between
The Boeing Company
and
COPA Holdings, S.A., Inc.
Relating to Boeing Model 737 Aircraft
THIS SUPPLEMENTAL AGREEMENT entered into as of        , 2009 by and between THE BOEING COMPANY, a Delaware corporation with its principal office in Seattle, Washington, (Boeing) and COPA HOLDINGS, S.A., INC. (Customer);
WHEREAS, the parties hereto entered into Purchase Agreement No. 2191 dated November 25, 1998 (the Agreement), as amended and supplemented, relating to Boeing Model 737-7V3 and 737-8V3 aircraft (the Aircraft); and
WHEREAS, Customer and Boeing have agreed to accelerate the delivery of Aircraft serial number 40664 from June 2010 to May 2010.
WHEREAS, Customer and Boeing have mutually agreed to amend the Agreement to incorporate the effect of these and certain other changes;
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Agreement as follows:
1.   The “Table of Contents” is revised to reflect the changes made by this Supplemental Agreement.
 
2.   Table 1-9 entitled “Aircraft Information Table for Model 737-8V3 Aircraft”, is revised to **Material Redacted**. The revised Table 1-9 is attached hereto.
 
3.   **Material Redacted**
     
PA No. 2191    SA No. 19
Aug 2009

 

 

 

     
CONFIDENTIAL TREATMENT    
The Purchase Agreement will be deemed to be supplemented to the extent herein provided as of the date hereof and as so supplemented will continue in full force and effect.
Boeing and Customer have each caused this Supplemental Agreement to be duly executed as of the day and year first written above.
                             
THE BOEING COMPANY       COPA HOLDINGS, S.A.    
 
                            
By:
              By:            
                     
 
  Its:   Attorney-In-Fact           Its:   Chief Executive Officer    
     
PA No. 2191    SA No. 19
Aug 2009

 

Page 2

 

     
CONFIDENTIAL TREATMENT    
TABLE OF CONTENTS
             
        SA  
        NUMBER  
   
 
        
ARTICLES  
 
        
             
1.  
Quantity, Model and Description
   SA 3
   
 
        
2.  
Delivery Schedule
        
   
 
        
3.  
Price
        
   
 
        
4.  
Payment
   SA 3
   
 
        
5.  
Miscellaneous
        
   
 
        
TABLE  
 
        
   
 
        
1-1  
Aircraft Information Table for Model 737-7V3 Aircraft
   SA 4
1-2  
Aircraft Information Table for Model 737-8V3 Aircraft
   SA 5
1-3  
Aircraft Information Table for Model 737-7V3 Aircraft
   SA 7
1-4  
Aircraft Information Table for Model 737-7V3 Aircraft
   SA 13
1-5  
Aircraft Information Table for Model 737-8V3 Aircraft
   SA 13
1-6  
Aircraft Information Table for Model 737-8V3 Aircraft
   SA 13
1-7  
Aircraft Information Table for Model 737-8V3 Aircraft Option Aircraft
   SA 13
1-8  
Aircraft Information Table for Model 737-8V3 Aircraft
   SA 16
1-9  
Aircraft Information Table for Model 737-8V3 Aircraft
   SA 19
1-10  
Aircraft Information Table for Model 737-8V3 Aircraft
   SA 18
1-11  
Aircraft Information Table for Model 737-8V3 Option Aircraft
   SA 18
   
 
        
EXHIBIT  
 
        
   
 
        
A-1  
Aircraft Configuration for Model 737-7V3 Aircraft
   SA 3
A-2  
Aircraft Configuration for Model 737-8V3 Aircraft
   SA 3
A-3  
Aircraft Configuration for Model 737-8V3 Aircraft
   SA 18
 
B.  
Aircraft Delivery Requirements and Responsibilities
   SA 3
   
 
        
SUPPLEMENTAL EXHIBITS          
   
 
        
AE1.  
Escalation Adjustment Airframe and Optional Features
   SA 10
   
 
        
BFE1.  
BFE Variables
   SA 18
   
 
        
CS1.  
Customer Support Variables
   SA 3
   
 
        
EE1.  
Engine Escalation/Engine Warranty and Patent Indemnity
        
   
 
        
SLP1.  
Service Life Policy Components
        
   
 
        
     
PA No. 2191    SA No. 19
Aug 2009

 

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CONFIDENTIAL TREATMENT    
             
        SA  
        NUMBER  
     
LETTER AGREEMENTS
    
 
    
 
    
2191-01
  Demonstration Flight Waiver
2191-02
  Escalation Sharing
2191-03
  Seller Purchased Equipment
RESTRICTED LETTER AGREEMENTS
         
6-1162-DAN-0123
  Performance Guarantees    
6-1162-DAN-0124
  Special Matters    
6-1162-DAN-0155
  Airframe Escalation Revision    
6-1162-DAN-0156
  Year 2000 Ready Software, Hardware and Firmware    
6-1162-DAN-0157
  Miscellaneous Matters    
6-1162-MJB-0017
  Special Matters    
6-1162-MJB-0030
  Special Matters    
6-1162-LAJ-874R
  Special Matters   SA 5
6-1162-LAJ-874R1
  Special Matters   SA 6
6-1162-LAJ-874R2
  Special Matters   SA 7
6-1162-LAJ-982
  Special Matters   SA 8
6-1162-LAJ-982R3
  Special Matters   SA 11
6-1162-RLL-3852
  737-800 Performance Guarantees   SA 9
6-1162-LAJ-982R4
  Special Matters   SA 13
6-1162-RLL-3958
  737-8V3 Option Aircraft   SA 13
6-1162-RLL-3958R1
  737-8V3 Option Aircraft   SA 18
6-1162-LAJ-982R5
  Special Matters   SA 16
6-1162-LAJ-982R6
  Special Matters   SA 17
6-1162-LAJ-982R7
  Special Matters   SA 18
6-1162-RLL-4092
  Advance Payment Matters for Aircraft
Listed in Table 1-9 		  SA 17
6-1162-KSW-6417
  Boeing Offer Related to New Interior   SA 18
6-1162-KSW-6419
  **Material Redacted**   SA 18
     
PA No. 2191    SA No. 19
Aug 2009

 

ii

 

     
CONFIDENTIAL TREATMENT    
     
SUPPLEMENTAL AGREEMENTS   DATED AS OF:
Supplemental Agreement No. 1
  June 29, 2001
Supplemental Agreement No. 2
  December 21, 2001
Supplemental Agreement No. 3
  June 14, 2002
Supplemental Agreement No. 4
  December 20, 1002
Supplemental Agreement No. 5
  October 31, 2003
Supplemental Agreement No. 6
  September 9, 2004
Supplemental Agreement No. 7
  December 9, 2004
Supplemental Agreement No. 8
  April 15, 2005
Supplemental Agreement No. 9
  March 16, 2006
Supplemental Agreement No. 10
  May 8, 2006
Supplemental Agreement No. 11
  August 30, 2006
Supplemental Agreement No. 12
  February 26, 2007
Supplemental Agreement No. 13
  April 23, 2007
Supplemental Agreement No. 14
  August 31, 2007
Supplemental Agreement No. 15
  February 21, 2008
Supplemental Agreement No. 16
  June 30, 2008
Supplemental Agreement No. 17
  December 15, 2008
Supplemental Agreement No. 18
  July 15, 2009
Supplemental Agreement No. 19
  August ____2009
     
PA No. 2191    SA No. 19
Aug 2009

 

iii

 

     
CONFIDENTIAL TREATMENT    
Table 1-9
Aircraft Information Table for Model 737-8V3 Aircraft
Delivery, Description and Advance Payments
                     
Airframe Model/MTOW:      737-800
  174200 pounds   Detail Specification:            
Engine Model/Thrust:      CFM56-7B26
  26400 pounds   Airframe Price Base Year/Escalation Formula:   Jul-08   ECI-MFG/CPI
Airframe Price:
  **Material Redacted**   Engine Price Base Year/Escalation Formula:     N/A     N/A
Optional Features:
  **Material Redacted**                
Sub-Total of Airframe and Features:
  **Material Redacted**   Airframe Escalation Data:            
 
                   
Engine Price (Per Aircraft):
  **Material Redacted**   Base Year Index (ECI):         103.1  
Aircraft Basic Price (Excluding BFE/SPE):
  **Material Redacted**   Base Year Index (CPI):         208.2  
 
                   
Buyer Furnished Equipment (BFE) Estimate:
  **Material Redacted**                
Seller Purchased Equipment (SPE) Estimate:
  **Material Redacted**                
 
Refundable Deposit/Aircraft at Proposal Accept:
  **Material Redacted**                
                                     
                        Advance Payment            
                        Per Aircraft (Amts.            
                    Escalation   Due/Mos. Prior to            
                    Estimate   Delivery):       21/18/12/9/6    
        Escalation           Adv Payment   At Signing   24 Mos.   Mos.   Total
Delivery   Number of   Factor   Serial       Base   **Material   **Material   **Material   **Material
Date   Aircraft   (Airframe)   Number   Escalation   Price Per A/P   Redacted**   Redacted**   Redacted**   Redacted**
**Material Redacted**
  **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**
**Material Redacted**
  **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**
**Material Redacted**
  **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**
**Material Redacted**
  **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**   **Material Redacted**
Total:
  **Material Redacted**                                
     
PA No. 2191    SA No. 19
Aug 2009

 

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