CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED AND FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE
COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT
Exhibit 10.30
Supplemental Agreement No. 8
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 April 15, 2005, 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 737-700 and 737-800 aircraft (the Aircraft); and
WHEREAS, Customer and Boeing have come to agreement on the purchase
and sale of five 737 Aircraft with schedule delivery months of August 2007,
November 2007, May 2008, November 2008, and May 2009; and
WHEREAS, Boeing and Buyer 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. Table of Contents, Tables and Exhibits:
1.1. Remove and replace, in its entirety the "Table of Contents", with
the "Table of Contents" attached hereto and hereby made a part of
the Agreement, to reflect the changes made by this Supplemental
Agreement.
1.2. Table 1-4 entitled "Aircraft Information Table for Model 737-7V3
Aircraft" is attached hereto to reflect the schedule delivery months
for the 737 Aircraft with schedule delivery months of August 2007,
November 2007, May 2008, November 2008, and May 2009.
Page 1
2. Letter Agreements: Remove and replace Letter Agreement No. 6-1162-MJB-0017
entitled "**Material Redacted**" with Letter Agreement No. 6-1162-LAJ-982
entitled "**Material Redacted**" attached hereto and hereby made a part of
the Agreement.
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.
2
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 8
EXHIBIT
A-1 Aircraft Configuration for Model 737-7V3 Aircraft SA 3
A-2 Aircraft Configuration for Model 737-8V3 Aircraft SA 3
B. Aircraft Delivery Requirements and Responsibilities SA 3
SUPPLEMENTAL EXHIBITS
BFE1. BFE Variables SA 3
CS1. Customer Support Variables SA 3
EE1. Engine Escalation/Engine Warranty and Patent Indemnity
SLP1. Service Life Policy Components
LETTER AGREEMENTS
2191-01 Demonstration Flight Waiver
2191-02 **Material Redacted**
2191-03 Seller Purchased Equipment
i
RESTRICTED LETTER AGREEMENTS
6-1162-▇▇▇-0123 Performance Guarantees
6-1162-▇▇▇-0124 **Material Redacted**
6-1162-▇▇▇-0155 **Material Redacted**
6-1162-▇▇▇-0156 Year 2000 Ready Software, Hardware and Firmware
6-1162-▇▇▇-0157 Miscellaneous Matters
6-1162-MJB-0017 **Material Redacted**
6-1162-MJB-0030 **Material Redacted**
6-1162-LAJ-874R **Material Redacted**
6-1162-LAJ-874R1 **Material Redacted**
6-1162-LAJ-874R2 **Material Redacted**
6-1162-LAJ-982 **Material Redacted**
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, 2002
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
ii
TABLE 1-4
AIRCRAFT DELIVERY, DESCRIPTION, PRICE AND ADVANCE PAYMENTS
AIRFRAME MODEL/MTGW: 737-700 154,500 DETAIL SPECIFICATION: D6-38808-42-I (4/30/2004)
ENGINE MODEL: CFM56-7B22 AIRFRAME PRICE BASE YEAR/ESCALATION FORMULA: Jul-04 BCI-MFG/CPI
AIRFRAME PRICE: $47,784,000 ENGINE PRICE BASE YEAR/ESCALATION FORMULA: N/A N/A
OPTIONAL FEATURES: $ 3,517,000 AIRFRAME ESCALATION DATA:
-----------
SUB-TOTAL OF AIRFRAME AND FEATURES: $51,301,000 BASE YEAR INDEX (ECI): 166.1
ENGINE PRICE (PER AIRCRAFT): $ 0 BASE YEAR INDEX (CCI): 184.1
AIRCRAFT BASIC PRICE (EXCLUDING BFE/SPE): $51,303,000
===========
BUYER FURNISHED EQUIPMENT (BFE) ESTIMATE: $ 0
SELLER PURCHASED EQUIPMENT (SPE) ESTIMATE: $ 1,800,000
REFUNDABLE DEPOSIT / AIRCRAFT AT PROPOSAL ACCEPT: $ 90,000
ESCALATION ADVANCE PAYMENT PER AIRCRAFT (AMTS. DUE/MOS. PRIOR TO DELIVERY):
ESCALATION ESTIMATE ADV ----------------------------------------------------------------
NUMBER OF FACTOR MANUFACTURER PAYMENT BASE AT SIGNING 24 MOS. 21/18/12/9/6 MOS. TOTAL
DELIVERY DATE AIRCRAFT (AIRFRAME) SERIAL NUMBER PRICE PER A/P 1% 4% 5% 30%
------------- --------- ---------- ------------- ------------- ---------- ---------- ------------------ ---------------
Aug-2007 1 1.1101 35068 $ 58,947,000 $ 499,470 $2,357,880 $ 2,947,350 $ 17,634,100
Nov-2007 1 1.1126 35067 $ 59,346,000 $ 503,460 $2,273,840 $ 2,967,300 $ 17,803,800
May-2008 1 1.1346 35125 $ 60,248,000 $ 512,480 $2,409,920 $ 3,012,400 $ 18,074,400
Nov-2008 1 1.1511 25126 $ 61,125,000 $ 521,250 $2,445,000 $ 3,056,250 $ 18,337,500
May-2009 1 1.1682 35127 $ 62,033,000 $ 530,330 $2,481,320 $ 3,101,650 $ 18,609,900
TOTAL: 5
Page 1
THE BOEING COMPANY
▇.▇. ▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇
6-1162-LAJ-874R1
COPA HOLDINGS, S.A.
Apartado 1572
Avenida ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇ ▇▇
▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇
**Material Redacted**
Reference: Purchase Agreement No. 2191 (the Purchase Agreement) between The
Boeing Company (Boeing) and COPA HOLDINGS, S.A. (Customer)
relating to Model 737 aircraft (the Aircraft)
This Letter Agreement amends and supplements the Purchase Agreement. This Letter
Agreement supercedes and replaces in its entirety Letter Agreement
6-1162-MJB-0017. All terms used but not defined in this Letter Agreement have
the same meaning as in the Purchase Agreement. In consideration of the Aircraft
orders, Boeing provides the following to Customer.
1 **Material Redacted**
2. **Material Redacted**
3. **Material Redacted**
4, **Material Redacted**
5. **Material Redacted**
6. **Material Redacted**
7. **Material Redacted**
8. **Material Redacted**
9. **Material Redacted**
10. **Material Redacted**
11. **Material Redacted**
12. **Material Redacted**
13. **Material Redacted**
14. **Material Redacted**
Page 2
15. Confidentiality. Customer understands that certain commercial and
financial information contained in this Letter Agreement are considered by
Boeing as confidential. Customer agrees that it will treat this Letter
Agreement and the information contained herein as confidential and will
not, without the prior written consent of Boeing, disclose this Letter
Agreement or any information contained herein to any other person or
entity.
ACCEPTED AND AGREED TO this
Date: __________________________, 2005
THE BOEING COMPANY
COPA HOLDINGS, S.A.
PURCHASE RIGHTS
AIRCRAFT INFORMATION TABLE A.
**Material Redacted**
Page 1
PURCHASE RIGHTS
AIRCRAFT INFORMATION TABLE B.
**Material Redacted**
