AMENDMENT NO. 10
Exhibit 10.6(j)
CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT THAT IS MARKED BY [***] HAS
BEEN OMITTED BECAUSE IT (I) IS NOT MATERIAL AND (II) IS THE TYPE OF INFORMATION THAT THE
REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.
AMENDMENT NO. 10
Dated as of October 19, 2011
Between
AIRBUS S.A.S.
And
JETBLUE AIRWAYS CORPORATION
This Amendment No. 10 (hereinafter referred to as the “Amendment”) is entered into as of July 7,
2018 between Airbus S.A.S. a société par actions simplifiée, created and existing under French law,
having its registered office at ▇ ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ and registered
with Toulouse Registre du Commerce under number RCS Toulouse 383 474 814 (the “Seller”) and
JetBlue Airways Corporation, a corporation organized under the laws of Delaware having its
principal corporate offices at ▇▇-▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇
(formerly ▇▇▇-▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇), ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ (the
“Buyer”).
WHEREAS, the Buyer and the Seller entered into an A320 Family Purchase Agreement dated as of
October 19, 2011, relating to the sale by the Seller and the purchase by the Buyer of certain firmly
ordered Airbus A320 family aircraft, which together with all amendments, exhibits, appendices,
and letter agreements attached thereto is hereinafter called the “Agreement”.
WHEREAS, the Buyer and the Seller wish to amend the Agreement to reflect, among other things,
the rescheduling of certain Aircraft, the type conversion of certain Aircraft, [***].
NOW THEREFORE, SUBJECT TO THE TERMS AND CONDITIONS SET FORTH HEREIN, IT IS AGREED
AS FOLLOWS:
Capitalized terms used herein and not otherwise defined in this Amendment will have the
meanings assigned to them in the Agreement. Except as used within quoted text, the terms
“herein”, “hereof”, and “hereunder” and words of similar import refer to this Amendment.
Exhibit 10.6(j)
1DEFINITIONS
0.1 | Clause 0 to the Agreement is amended to either modify or add the following defined terms between the words “QUOTE” and “UNQUOTE”. |
QUOTE
2018 Converted A321 NEO Aircraft – any or all of the twenty-five (25) A321-200 NEO model
aircraft, to be sold by the Seller and purchased by the Buyer pursuant to this Agreement, together
with all components, equipment, parts and accessories installed in or on such aircraft and the
relevant A321 NEO Propulsion System installed thereon.
2018 Converted A321 NEO Airframe - any 2018 Converted A321 NEO Aircraft, excluding the A321
NEO Propulsion System therefor.
Base Price of the 2018 Converted A321 NEO Airframe – as defined in Paragraph 5 herein.
UNQUOTE
1 | [*** ] |
1.1 | [*** ] |
1.2 | The Buyer wishes to [***] convert each of the remaining twenty-five (25) A320 NEO Aircraft into 2018 Converted A321 NEO Aircraft. |
1.3 | The Buyer and the Seller agree to reschedule nine (9) A321 NEO Aircraft or Additional A321 NEO Aircraft, as applicable, and as detailed in Clause 2 below. |
2 DELIVERY
Exhibit 10.6(j)
2.1 | [***], the Buyer and the Seller hereby agree to irrevocably convert twenty-five (25) A320 NEO Aircraft identified in Amended and Restated Schedule 1 with CACiD numbers 402 142, 402 143, 402 144, 402 145, 402 146, 402 147, 402 148, 402 149, 402 150, 402 151, 402 152, 402 153, 402 154, 402 155, 402 156, 402 157, 402 158, 402 159, 402 160, 402 161, 402 162, 402 163, 402 164, 402 165 and 402 166 to twenty-five (25) 2018 Converted A321 NEO Aircraft as detailed in the following table. It is hereby agreed that unless otherwise expressly agreed herein, all terms and conditions governing the sale and purchase of A321 NEO Aircraft under the Agreement will apply to the 2018 Converted A321 NEO Aircraft. |
Original aircraft type | New aircraft type | CACiD | Original Scheduled Delivery Period | New Scheduled Delivery Period |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 142 | [***]-20 | [***]-20 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 143 | [***]-20 | [***]-20 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 144 | [***] 2020 | [***] 2020 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 145 | [***] 2020 | [***] 2020 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 146 | [***] 2020 | [***] 2020 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 147 | [***] 2020 | [***] 2020 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 148 | [***] 2022 | [***] 2024 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 149 | [***] 2022 | [***] 2022 |
A320 NEO Aircraft | 2018Converted A321 NEO Aircraft | 402 150 | [***] 2022 | [***] 2022 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 151 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 152 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 153 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 154 | [***] 2021 | [***] 2021 |
Exhibit 10.6(j)
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 155 | [***] 2021 | [***] 2020 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 156 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 157 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 158 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 159 | [***] 2021 | [***] 2024 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 160 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 161 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 162 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 163 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 164 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 165 | [***] 2021 | [***] 2021 |
A320 NEO Aircraft | 2018 Converted A321 NEO Aircraft | 402 166 | [***] 2021 | [***] 2021 |
2.2 | The Scheduled Delivery Period for the Additional A321 NEO Aircraft bearing CACiD number 10054128 is hereby amended from the [***]. |
2.3 | The Scheduled Delivery Period for the Additional A321 NEO Aircraft bearing CACiD number 10054129 is hereby amended from the [***]. |
2.4 | The Scheduled Delivery Period for the Additional A321 NEO Aircraft bearing CACiD number 10054131 is hereby amended from the [***]. |
Exhibit 10.6(j)
2.5 | The Scheduled Delivery Period for the Additional A321 NEO Aircraft bearing CACiD number 10054132is hereby amended from the [***]. |
2.6 | The Scheduled Delivery Period for the Additional A321 NEO Aircraft bearing CACiD number 10054133 is hereby amended from the [***]. |
2.7 | The Scheduled Delivery Period for the Additional A321 NEO Aircraft bearing CACiD number 10054134 is hereby amended from the [***]. |
2.8 | Schedule 1 to the Agreement is deleted in its entirety and replaced by the Amended and Restated Schedule 1 (the “Amended and Restated Schedule 1”) attached hereto as Appendix 1. |
2.9 | It shall be the Buyer’s sole responsibility to ensure, without any intervention necessary from the Seller, that all of the BFE Suppliers are notified of and accept the rescheduling and conversion set forth in Clauses 2.1 to 2.8 above without the Seller incurring any costs, losses, expenses, additional obligations, penalties, damages or liabilities of any kind by reason of such rescheduling or conversion, and the Buyer will indemnify and hold the Seller harmless against any and all of such costs, losses, expenses, additional obligations, penalties, damages or liabilities so incurred by the Seller unless such costs, losses, expenses, additional obligations, penalties, damages or liabilities are a result of the Seller’s gross negligence or willful misconduct. |
2.10 | The Buyer shall enter into discussions directly with the relevant Propulsion System manufacturer to amend the relevant propulsion systems agreement(s) in order to reflect the rescheduling and conversion set out in Clauses 2.1 to 2.8 above and will indemnify and hold the Seller harmless against any and all costs, losses, expenses, additional obligations, penalties, damages or liabilities so incurred by the Seller in the event that the Buyer fails to perform its obligations as set out under this Clause 2.11 unless such costs, losses, expenses, additional obligations, penalties, damages or liabilities are a result of the Seller’s gross negligence or willful misconduct. |
Exhibit 10.6(j)
2.11 | Any and all Predelivery Payments [***] described in Clauses 2.1 to 2.8 herein [***]. |
3 COMMERCIAL TERMS
3.1 | The Base Price of the 2018 Converted A321 NEO Airframe [***]. |
3.2 | The Predelivery Payments for the 2018 Converted A321 NEO Aircraft [***]. |
3.3 | [***] . |
3.4 | The Buyer hereby confirms that it [***]. |
3.5 | [***] . |
4 OTHER AMENDMENTS
4.1 | The Amended and Restated Letter Agreement No. 1 to the Agreement is hereby replaced in its entirety by the Amended and Restated Letter Agreement No. 1 dated as of the date hereof. |
4.2 | The Amended and Restated Letter Agreement No. 2 to the Agreement is hereby replaced in its entirety by the Amended and Restated Letter Agreement No. 2 dated as of the date hereof. |
Exhibit 10.6(j)
4.3 | The Amended and Restated Letter Agreement No. 3 to the Agreement is hereby replaced in its entirety by the Amended and Restated Letter Agreement No. 3 dated as of the date hereof. |
5 | EFFECT OF THE AMENDMENT |
The Agreement will be deemed amended to the extent herein provided, and, except as specifically
amended hereby, will continue in full force and effect in accordance with its original terms. This
Amendment contains the entire agreement between the Buyer and the Seller with respect to the
subject matter hereof and supersedes any previous understandings, commitments, or
representations whatsoever, whether oral or written, related to the subject matter of this
Amendment.
Both parties agree that this Amendment will constitute an integral, nonseverable part of the
Agreement and will be governed by its provisions, except that if the Agreement and this
Amendment have specific provisions that are inconsistent, the specific provisions contained in this
Amendment will govern.
This Amendment will become effective upon its execution.
6 | CONFIDENTIALIT Y |
This Amendment is subject to the confidentiality provisions set forth in Clause 22.10 of the
Agreement.
7 | ASSIGNMEN T |
Notwithstanding any other provision of this Amendment or of the Agreement, this Amendment will
not be assigned or transferred in any manner without the prior written consent of the other party,
and any attempted assignment or transfer in contravention of the provisions of this Clause 7 will be
void and of no force or effect.
8 | COUNTERPART S |
Exhibit 10.6(j)
This Amendment may be executed by the parties hereto in separate counterparts, each of which
when so executed and delivered shall be an original, but all such counterparts shall together
constitute one and the same instrument.
9 | INTERPRETATION AND LAW |
This Amendment is subject to the Interpretation and Law provisions set forth in Clause 22.6 of the
Agreement.
IN WITNESS WHEREOF, the parties hereto have entered into this Amendment by their respective
officers or agents as of the date first above written.
JETBLUE AIRWAYS CORPORATION AIRBUS S.A.S.
By: _/s/ ▇▇▇▇▇ ▇▇▇▇▇▇_________________ By: _/s/ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇_
Its: _Chief Financial Officer___________ Its: Senior Vice President Contracts
Exhibit 10.6(j)
APPENDIX 1
AMENDED AND RESTATED SCHEDULE 1
36 | 10002752 | 157 | Incremental A321 Aircraft | [***] | 2015 |
37 | 159 911 | 158 | A321 Backlog Aircraft | [***] | 2016 |
38 | 159 912 | 159 | A321 Backlog Aircraft | [***] | 2016 |
39 | 159 917 | 160 | A321 Backlog Aircraft | [***] | 2016 |
40 | 159 918 | 161 | A321 Backlog Aircraft | [***] | 2016 |
41 | 159 926 | 162 | A321 Backlog Aircraft | [***] | 2016 |
42 | 159 927 | 163 | A321 Backlog Aircraft | [***] | 2016 |
43 | 159 928 | 164 | A321 Backlog Aircraft | [***] | 2016 |
44 | 159 952 | 165 | A321 Backlog Aircraft | [***] | 2016 |
45 | 159 953 | 166 | A321 Backlog Aircraft | [***] | 2016 |
46 | 159 934 | 167 | A321 Backlog Aircraft | [***] | 2016 |
47 | 159 922 | 168 | Converted A321 Backlog Aircraft | [***] | 2017 |
48 | 159 954 | 169 | Converted A321 Backlog Aircraft | [***] | 2017 |
49 | 159 955 | 170 | Converted A321 Backlog Aircraft | [***] | 2017 |
50 | 159 921 | 171 | Converted A321 Backlog Aircraft | [***] | 2017 |
51 | 104 440 | 172 | Converted A321 Backlog Aircraft | [***] | 2017 |
52 | ▇▇▇ ▇▇▇ | ▇▇▇ | Converted A321 Backlog Aircraft | [***] | 2017 |
53 | 10054088 | 249 | Additional A321 Aircraft | [***] | 2017 |
54 | 159 909 | 174 | Converted A321 Backlog Aircraft | [***] | 2017 |
55 | 10054089 | 250 | Additional A321 Aircraft | [***] | 2017 |
56 | 10002770 | 175 | Incremental A321 Aircraft | [***] | 2017 |
57 | 10054090 | 251 | Additional A321 Aircraft | [***] | 2017 |
58 | 10002771 | 176 | Incremental A321 Aircraft | [***] | 2017 |
59 | 10054091 | 252 | Additional A321 Aircraft | [***] | 2017 |
60 | 10002772 | 177 | Incremental A321 Aircraft | [***] | 2017 |
61 | 10054092 | 253 | Additional A321 Aircraft | [***] | 2017 |
62 | 159 910 | 178 | Converted A321 Backlog Aircraft | [***] | 2018 |
63 | 10054093 | 254 | Additional A321 Aircraft | [***] | 2018 |
64 | 10054100 | 261 | Additional A321 Aircraft | [***] | 2018 |
65 | 10054101 | 262 | Additional A321 Aircraft | [***] | 2018 |
66 | 10054102 | 263 | Additional A321 Aircraft | [***] | 2018 |
67 | 10054097 | 258 | Additional A321 Aircraft | [***] | 2018 |
68 | 10054098 | 259 | Additional A321 Aircraft | [***] | 2018 |
Exhibit 10.6(j)
69 | 10054094 | 255 | Additional A321 Aircraft | [***] | 2018 |
70 | 10054099 | 260 | Additional A321 Aircraft | [***] | 2018 |
71 | 10054095 | 256 | Additional A321 Aircraft | [***] | 2018 |
72 | 10054096 | 257 | Additional A321 Aircraft | [***] | 2018 |
73 | 402 137 | 185 | Converted A321 NEO Aircraft | [***] | 2019 |
74 | 402 135 | 182 | Converted A321 NEO Aircraft | [***] | 2019 |
75 | 402 136 | 183 | Converted A321 NEO Aircraft | [***] | 2019 |
76 | 402 134 | 181 | Converted A321 NEO Aircraft | [***] | 2019 |
77 | 402 141 | 189 | Converted A321 NEO Aircraft | [***] | 2019 |
78 | 10002782 | 193 | Incremental A321 NEO Aircraft | [***] | 2019 |
79 | 10002783 | 194 | Incremental A321 NEO Aircraft | [***] | 2019 |
80 | 10002784 | 195 | Incremental A321 NEO Aircraft | [***] | 2019 |
81 | 10002786 | 197 | Incremental A321 NEO Aircraft | [***] | 2019 |
82 | 10002787 | 198 | Incremental A321 NEO Aircraft | [***] | 2019 |
83 | 10002781 | 192 | Incremental A321 NEO Aircraft | [***] | 2019 |
84 | 10002788 | 199 | Incremental A321 NEO Aircraft | [***] | 2019 |
85 | 10002780 | 191 | Incremental A321 NEO Aircraft | [***] | 2019 |
86 | 10002756 | 200 | A321 NEO Aircraft | [***] | 2020 |
87 | 10002760 | 201 | A321 NEO Aircraft | [***] | 2020 |
88 | 10002764 | 202 | A321 NEO Aircraft | [***] | 2020 |
89 | 10054124 | 264 | Additional A321 NEO Aircraft | [***] | 2020 |
90 | 10002792 | 206 | Incremental A321 NEO Aircraft | [***] | 2020 |
91 | 402 155 | 219 | 2018 Converted A321 NEO Aircraft | [***] | 2020 |
92 | 10054128 | 268 | Additional A321 NEO Aircraft | [***] | 2020 |
93 | 402 142 | 209 | 2018 Converted A321 NEO Aircraft | [***] | 2020 |
94 | 402 143 | 210 | 2018 Converted A321 NEO Aircraft | [***] | 2020 |
95 | 10054125 | 265 | Additional A321 NEO Aircraft | [***] | 2020 |
96 | 402 144 | 211 | 2018 Converted A321 NEO Aircraft | [***] | 2020 |
97 | 402 145 | 212 | 2018 Converted A321 NEO Aircraft | [***] | 2020 |
Exhibit 10.6(j)
98 | 402 146 | 213 | 2018 Converted A321 NEO Aircraft | [***] | 2020 |
99 | ▇▇▇ ▇▇▇ | ▇▇▇ | 2018 Converted A321 NEO Aircraft | [***] | 2020 |
100 | 10054126 | 266 | Additional A321 NEO Aircraft | [***] | 2020 |
101 | 402 151 | 215 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
102 | 402 152 | 216 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
103 | 402 153 | 217 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
104 | 402 154 | 218 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
105 | 10054127 | 267 | Additional A321 NEO Aircraft | [***] | 2021 |
106 | 402 156 | 220 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
▇▇▇ | ▇▇▇ ▇▇▇ | 221 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
108 | 402 158 | 222 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
▇▇▇ | ▇▇▇ ▇▇▇ | 224 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
110 | 402 161 | 225 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
▇▇▇ | ▇▇▇ ▇▇▇ | 226 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
112 | 402 163 | 227 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
113 | 402 164 | 228 | 2018 Converted A321 NEO Aircraft | [***] | 2021 |
CACiD No. | Aircraft Rank No. | Type | Scheduled Delivery Month/ Quarter | Scheduled Delivery Year | |
1 | 159 908 | 122 | Group 1 A320 Aircraft | [***] | 2011 |
2 | 159 942 | 123 | Group 1 A320 Aircraft | [***] | 2012 |
3 | 159 943 | 124 | Group 1 A320 Aircraft | [***] | 2012 |
4 | 159 950 | 125 | Group 1 A320 Aircraft | [***] | 2012 |
5 | 159 951 | 126 | Group 1 A320 Aircraft | [***] | 2012 |
6 | 159 923 | 127 | Group 1 A320 Aircraft | [***] | 2012 |
7 | 159 924 | 128 | Group 1 A320 Aircraft | [***] | 2012 |
8 | ▇▇▇ ▇▇▇ | ▇▇▇ | Group 1 A320 Aircraft | [***] | 2012 |
9 | ▇▇▇ ▇▇▇ | ▇▇▇ | A320 Backlog Aircraft | [***] | 2013 |
10 | 159 960 | 131 | A320 Backlog Aircraft | [***] | 2013 |
11 | 159 961 | 132 | A320 Backlog Aircraft | [***] | 2013 |
12 | ▇▇▇ ▇▇▇ | ▇▇▇ | A321 Backlog Aircraft | [***] | 2013 |
13 | 159 963 | 134 | A321 Backlog Aircraft | [***] | 2013 |
14 | 159 964 | 135 | A321 Backlog Aircraft | [***] | 2013 |
15 | 159 965 | 136 | A321 Backlog Aircraft | [***] | 2013 |
16 | 159 916 | 137 | A321 Backlog Aircraft | [***] | 2014 |
17 | 159 940 | 138 | A321 Backlog Aircraft | [***] | 2014 |
18 | 159 941 | 139 | A321 Backlog Aircraft | [***] | 2014 |
19 | 159 944 | 140 | A321 Backlog Aircraft | [***] | 2014 |
20 | 159 945 | 141 | A321 Backlog Aircraft | [***] | 2014 |
21 | 159 946 | 142 | A321 Backlog Aircraft | [***] | 2014 |
22 | 159 947 | 143 | A321 Backlog Aircraft | [***] | 2014 |
23 | 159 948 | 144 | A321 Backlog Aircraft | [***] | 2014 |
24 | 159 949 | 145 | A321 Backlog Aircraft | [***] | 2014 |
25 | ▇▇▇ ▇▇▇ | ▇▇▇ | A321 Backlog Aircraft | [***] | 2015 |
26 | 159 957 | 147 | A321 Backlog Aircraft | [***] | 2015 |
27 | 159 958 | 148 | A321 Backlog Aircraft | [***] | 2015 |
28 | 159 959 | 149 | A321 Backlog Aircraft | [***] | 2015 |
29 | 159 929 | 150 | A321 Backlog Aircraft | [***] | 2015 |
30 | ▇▇▇ ▇▇▇ | ▇▇▇ | A321 Backlog Aircraft | [***] | 2015 |
31 | 159 931 | 152 | A321 Backlog Aircraft | [***] | 2015 |
32 | 159 932 | 153 | A321 Backlog Aircraft | [***] | 2015 |
33 | 159 933 | 154 | A321 Backlog Aircraft | [***] | 2015 |
34 | 10002716 | 155 | Incremental A321 Aircraft | [***] | 2015 |
35 | 159 920 | 156 | A321 Backlog Aircraft | [***] | 2015 |
Exhibit 10.6(j)
114 | 402 165 | 229 | 2018 Converted A321 NEO Aircraft | [***] | 2021 | ||
115 | 402 166 | 230 | 2018 Converted A321 NEO Aircraft | [***] | 2021 | ||
116 | 10054130 | 270 | Additional A321 NEO Aircraft | [***] | 2021 | ||
117 | 402 149 | 232 | 2018 Converted A321 NEO Aircraft | [***] | 2022 | ||
118 | 402 150 | 233 | 2018 Converted A321 NEO Aircraft | [***] | 2022 | ||
119 | 10002765 | 234 | A321 NEO Aircraft | [***] | 2022 | ||
120 | 10002769 | 238 | A321 NEO Aircraft | [***] | 2022 | ||
121 | 10002766 | 235 | A321 NEO Aircraft | [***] | 2022 | ||
122 | 10002767 | 236 | A321 NEO Aircraft | [***] | 2022 | ||
123 | 10002768 | 237 | A321 NEO Aircraft | [***] | 2022 | ||
124 | 10002773 | 239 | A321 NEO Aircraft | [***] | 2022 | ||
125 | 10002774 | 240 | A321 NEO Aircraft | [***] | 2022 | ||
▇▇▇ | ▇▇▇ ▇▇▇ | 241 | A321 NEO Aircraft | [***] | 2022 | ||
127 | 402 128 | 242 | A321 NEO Aircraft | [***] | 2022 | ||
128 | 402 129 | 243 | A321 NEO Aircraft | [***] | 2022 | ||
129 | 402 130 | 244 | A321 NEO Aircraft | [***] | 2022 | ||
130 | 402 131 | 245 | A321 NEO Aircraft | [***] | 2022 | ||
131 | 10002775 | 246 | Incremental A321 NEO Aircraft | [***] | 2022 | ||
132 | 10002776 | 247 | Incremental A321 NEO Aircraft | [***] | 2023 | ||
133 | 10054135 | 275 | Additional A321 NEO Aircraft | [***] | 2023 | ||
134 | 402 138 | 186 | Converted A321 NEO Aircraft | [***] | 2023 | ||
135 | 10002778 | 184 | Incremental A321 NEO Aircraft | [***] | 2023 | ||
136 | 402 132 | 179 | Converted A321 NEO Aircraft | [***] | 2023 | ||
137 | 10054136 | 276 | Additional A321 NEO Aircraft | [***] | 2023 | ||
138 | 402 133 | 180 | Converted A321 NEO Aircraft | [***] | 2023 | ||
139 | 10002777 | 248 | Incremental A321 NEO Aircraft | [***] | 2023 | ||
140 | 10054137 | 277 | Additional A321 NEO Aircraft | [***] | 2023 | ||
141 | 10002779 | 190 | Incremental A321 NEO Aircraft | [***] | 2023 | ||
142 | 402 140 | 188 | Converted A321 NEO Aircraft | [***] | 2023 | ||
143 | 10002785 | 196 | Incremental A321 NEO Aircraft | [***] | 2023 | ||
144 | 10054138 | 278 | Additional A321 NEO Aircraft | [***] | 2023 | ||
145 | 402 139 | 187 | Converted A321 NEO Aircraft | [***] | 2023 | ||
Exhibit 10.6(j)
146 | 10002789 | 203 | Incremental A321 NEO Aircraft | [***] | 2024 | ||
147 | 10002790 | 204 | Incremental A321 NEO Aircraft | [***] | 2024 | ||
148 | 402 148 | 231 | 2018 Converted A321 NEO Aircraft | [***] | 2024 | ||
149 | 10054131 | 271 | Additional A321 NEO Aircraft | [***] | 2024 | ||
150 | 402 159 | 223 | 2018 Converted A321 NEO Aircraft | [***] | 2024 | ||
151 | 10002791 | 205 | Incremental A321 NEO Aircraft | [***] | 2024 | ||
152 | 10002793 | 207 | Incremental A321 NEO Aircraft | [***] | 2024 | ||
153 | 10054129 | 269 | Additional A321 NEO Aircraft | [***] | 2024 | ||
154 | 10054132 | 272 | Additional A321 NEO Aircraft | [***] | 2024 | ||
155 | 10054133 | 273 | Additional A321 NEO Aircraft | [***] | 2024 | ||
156 | 10054134 | 274 | Additional A321 NEO Aircraft | [***] | 2024 | ||
157 | 10002794 | 208 | Incremental A321 NEO Aircraft | [***] | 2024 | ||
AMENDED AND RESTATED
LETTER AGREEMENT NO. 1
As of July 7, 2018
JetBlue Airways Corporation
27-01 Queens Plaza North
Long Island City, New York 11101
Re: PURCHASE INCENTIVES
Dear Ladies and Gentlemen,
JetBlue Airways Corporation (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an
A320 Family Aircraft Purchase Agreement dated as of October 19, 2011 (as supplemented and
Exhibit 10.6(j)
amended by the other letter agreements, and as otherwise supplemented, amended or modified
from time to time, including without limitation by Amendment No. 1 dated as of October 25, 2013,
Amendment No. 2 dated as of November 19, 2014, Amendments No. 3 and No. 4 dated as of July
26, 2016, Amendment No. 5 dated as of August 9, 2016, Amendment No. 6 dated as of April 11,
2017, Amendment No. 7 dated as of April 25, 2017, Amendment No. 8 dated as of December 19,
2017, Amendment No. 9 dated as of March 30, 2018 and Amendment No. 10 dated as of even date
herewith (the “Agreement”), which covers, among other matters, the sale by the Seller and the
purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said
Agreement. The Buyer and the Seller have agreed to set forth in this Amended and Restated Letter
Agreement No. 1 (this “Letter Agreement”, or “Letter Agreement No. 1”, or “Amended and
Restated Letter Agreement No. 1”) certain additional terms and conditions regarding the sale of
the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement will
have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and
“hereunder” and words of similar import refer to this Letter Agreement.
Both parties agree that this Letter Agreement will constitute an integral, nonseverable part of said
Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and
that this Letter Agreement will be governed by the provisions of said Agreement, except that if the
Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific
provisions contained in this Letter Agreement will govern.
WITNESSETH:
WHEREAS, the Buyer and the Seller have entered into Amended and Restated Letter Agreement No.
1 to the Agreement dated as of July 26, 2016, setting forth certain terms and conditions regarding
the sale of the Aircraft (the “Original Letter Agreement”).
WHEREAS, the Buyer and the Seller wish to amend and restate the Original Letter Agreement to
incorporate relevant amendments to such Original Letter Agreement into a single document.
NOW THEREFORE IT IS AGREED THAT THE ORIGINAL LETTER AGREEMENT IS HEREBY AMENDED
AND RESTATED TO READ IN ITS ENTIRETY AS FOLLOWS:
1 INTENTIONALLY LEFT BLANK
2 [***] AIRCRAFT (Excluding Group 1 A320 Aircraft)
2.1 | In respect of each [***] Aircraft (excluding Group 1 A320 Aircraft) that is sold by the Seller and purchased by the Buyer, the Seller will provide to the Buyer the following credits (collectively, the “[***] Aircraft Credit Memoranda”): |
[***]
Exhibit 10.6(j)
2.2 | The [***] Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
2.3 | The [***] Aircraft Credit Memoranda will be [***] of each [***] Aircraft that is sold by the Seller and purchased by the Buyer. The A320 Backlog Aircraft Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of an A320 Backlog Aircraft, the [***] Aircraft Credit Memoranda will be [***] of the [***] Aircraft. |
3 [***] AIRCRAFT and CONVERTED [***] AIRCRAFT
3.1 | In respect of each [***] Aircraft and each Converted [***] Aircraft that is sold by the Seller and purchased by the Buyer, the Seller will provide to the Buyer the following credits (collectively, the “[***] Aircraft Credit Memoranda”): |
[***]
3.2 | The [***] Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
3.3 | The [***] Aircraft Credit Memoranda will [***] of each [***] Aircraft and each Converted [***] Aircraft that is sold by the Seller and purchased by the Buyer. The [***] Aircraft Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of an [***] Aircraft or Converted [***] Aircraft, the [***] Aircraft Credit Memoranda will be [***] of the [***] Aircraft or the Final Price of the Converted [***] Aircraft, as applicable. |
4 A319 NEO AIRCRAFT
4.1 | In respect of each A319 NEO Aircraft, the Seller will provide to the Buyer the following credits (collectively, the “A319 NEO Aircraft Credit Memoranda”): |
Exhibit 10.6(j)
[***]
4.2 | The A319 NEO Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
4.3 | The A319 NEO Aircraft Credit Memoranda will be [***] of each A319 NEO Aircraft. The A319 NEO Aircraft Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of an A319 NEO Aircraft, the A319 NEO Aircraft Credit Memoranda will be [***] of the A319 NEO Aircraft. |
4.4 | [***] . |
5 A320 NEO AIRCRAFT
5.1 | In respect of each A320 NEO Aircraft, the Seller will provide to the Buyer the following credits (collectively, the “A320 NEO Aircraft Credit Memoranda”): |
[***]
5.2 | The A320 NEO Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
5.3 | The A320 NEO Aircraft Credit Memoranda will be [***] of each A320 NEO Aircraft. The A320 NEO Aircraft Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of an A320 NEO Aircraft, the A320 NEO Aircraft Credit Memoranda will be [***] of the A320 NEO Aircraft. |
5.4 | [***] . |
Exhibit 10.6(j)
6 | A321 NEO AIRCRAFT, CONVERTED A321 NEO AIRCRAFT AND INCREMENTAL A321 NEO AIRCRAFT |
6.1 | In respect of each A321 NEO Aircraft, Converted A321 NEO Aircraft and each Incremental A321 NEO Aircraft, the Seller will provide to the Buyer the following credits (collectively, the “A321 NEO Aircraft Credit Memoranda”): |
[***]
6.2 | The A321 NEO Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
6.3 | The A321 NEO Credit Memoranda will be [***] of each A321 NEO Aircraft, each Converted A321 NEO Aircraft, and each Incremental A321 NEO Aircraft. The A321 NEO Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of the relevant Aircraft, the A321 NEO Aircraft Credit Memoranda will be [***] of such Aircraft. |
7 GROUP 1 A320 AIRCRAFT
7.1 | In respect of each Group 1 A320 Aircraft, the Seller will provide to the Buyer the following credits (collectively, the “Group 1 Aircraft Credit Memoranda”): |
[***]
7.2 | The Group 1 Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
Exhibit 10.6(j)
7.3 | The Group 1 Aircraft Credit Memoranda will be [***] of each Group 1 A320 Aircraft that is sold by the Seller and purchased by the Buyer. The Group 1 Aircraft Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of a Group 1 A320 Aircraft, the Group 1 Aircraft Credit Memoranda will be [***] of the Group 1 A320 Aircraft. |
8 | INCREMENTAL A321 AIRCRAFT |
8.1 | In respect of each Incremental A321 Aircraft that is sold by the Seller and purchased by the Buyer, the Seller will provide to the Buyer the following credits (collectively, the “Incremental A321 Aircraft Credit Memoranda”): |
[***]
8.2 | The Incremental A321 Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
8.3 | The Incremental A321 Aircraft Credit Memoranda will be [***] of each Incremental A321 Aircraft that is sold by the Seller and purchased by the Buyer. The Incremental A321 Aircraft Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of an Incremental A321 Aircraft, the Incremental A321 Aircraft Credit Memoranda will be [***] of the Incremental A321 Aircraft. |
9 | [*** ] |
9.1 [***]
Exhibit 10.6(j)
9.1.1 | [*** ] |
10 | ADDITIONAL A321 AIRCRAFT |
10.1 | In respect of each Additional A321 Aircraft that is sold by the Seller and purchased by the Buyer, the Seller will provide to the Buyer the following credits (collectively, the “Additional A321 Aircraft Credit Memoranda”): |
[***]
10.2 | The Additional A321 Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
10.3 | The Additional A321 Aircraft Credit Memoranda will be [***] of each Additional A321 Aircraft that is sold by the Seller and purchased by the Buyer. The Additional A321 Aircraft Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of an Additional A321 Aircraft, the Additional A321 Aircraft Credit Memoranda will be [***] of the Additional A321 Aircraft. |
11 | ADDITIONAL A321 NEO AIRCRAFT [***] |
11.1 | In respect of each Additional A321 NEO Aircraft [***] that is sold by the Seller and purchased by the Buyer, the Seller will provide to the Buyer the following credits (collectively, the “Additional A321 NEO Aircraft Credit Memoranda”): |
[***]
Exhibit 10.6(j)
11.2 | The Additional A321 NEO Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
11.3 | The Additional A321 NEO Credit Memoranda will be [***] of each Additional A321 NEO Aircraft [***], as applicable. The Additional A321 NEO Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of the relevant Aircraft, the Additional A321 NEO Aircraft Credit Memoranda will be [***] of such Aircraft. |
12 | CONVERTED A321 LR AIRCRAFT |
12.1 | In respect of each Converted A321 LR Aircraft that is sold by the Seller and purchased by the Buyer, the Seller will provide to the Buyer the following credits (collectively, the “Converted A321 LR Aircraft Credit Memoranda”): |
[***]
12.2 | The Converted A321 LR Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period ([***]) and will be adjusted in accordance with the Seller Price Revision Formula, [***] in accordance with Paragraph 9 of this Letter Agreement. |
12.3 | The Converted A321 LR Aircraft Credit Memoranda will be [***] of each Converted A321 LR Aircraft. The Converted A321 LR Credit Memoranda will be [***]. Unless the Buyer gives the Seller notice to the contrary at least [***] before Delivery of the relevant Aircraft, the Converted A321 LR Credit Memoranda will be [***] of such Aircraft. |
Exhibit 10.6(j)
12.4 | The Seller shall grant the Buyer for each Converted A321 LR Aircraft a goods and services credit memorandum to support the Converted A321 LR Aircraft entry into service (the “A321 LR G+S Credit Memorandum”) amounting to: |
[***]
The A321 LR G+S Credit Memorandum shall be issued [***]
The A321 LR G+S Credit Memorandum is quoted at delivery conditions prevailing in the A320 Family
Base Period ([***]) and [***] in accordance with Paragraph 9 of this Letter Agreement.
[***]
28 | ADMINISTRATION OF CREDITS |
[***]
The above amounts are stated at delivery conditions prevailing in [***] and will be adjusted to the
date of the respective availability in accordance with the Seller Price Revision Formula, [***].
[***]
3 0 | ASSIGNMEN T |
Notwithstanding any other provision of this Letter Agreement or of the Agreement, this Letter
Agreement and the rights and obligations of the Buyer hereunder will not be assigned or transferred
in any manner without the prior written consent of the Seller, and any attempted assignment or
transfer in contravention of the provisions of this Paragraph 30 will be void and of no force or effect.
31 CONFIDENTIALITY
This Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement.
32 | COUNTERPART S |
Exhibit 10.6(j)
This Letter Agreement may be executed by the parties hereto in separate counterparts, each of
which when so executed and delivered shall be an original, but all such counterparts shall together
constitute one and the same instrument.
If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy
hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
By: /s/▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Its: Senior Vice President Contracts
Accepted and Agreed
JETBLUE AIRWAYS CORPORATION
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇
Its: Chief Financial Officer
Exhibit 10.6(j)
AMENDED AND RESTATED
LETTER AGREEMENT NO. 2
As of July 7, 2018
JetBlue Airways Corporation
27-01 Queens Plaza North
Long Island City, New York 11101
Re: PAYMENTS
Dear Ladies and Gentlemen,
JetBlue Airways Corporation (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an
A320 Family Aircraft Purchase Agreement dated as of October 19, 2011 (as supplemented and
amended by the other letter agreements, and as otherwise supplemented, amended or modified
from time to time, including without limitation by Amendment No. 1 dated October 25, 2013,
Amendments No. 3 and No. 4 dated as of July 26, 2016, Amendment No. 5 dated as of August 9,
2016, Amendment No. 6 dated as of April 11, 2017, Amendment No. 7 dated as of April 25, 2017,
Amendment No. 8 dated as of December 19, 2017, Amendment No. 9 dated as of March 30, 2018
and Amendment No. 10 dated as of even date herewith the “Agreement”), which covers, among
other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the
terms and conditions set forth in said Agreement. The Buyer and the Seller have agreed to set forth
in this Amended and Restated Letter Agreement No. 2 (this “Letter Agreement”, or “Letter
Agreement No. 2”, or “Amended and Restated Letter Agreement No. 2”) certain additional terms
and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise
defined in this Letter Agreement will have the meanings assigned thereto in the Agreement. The
terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter
Agreement.
Both parties agree that this Letter Agreement will constitute an integral, nonseverable part of said
Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and
that this Letter Agreement will be governed by the provisions of said Agreement, except that if the
Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific
provisions contained in this Letter Agreement will govern.
WITNESSETH:
WHEREAS, the Buyer and the Seller have entered into Amended and Restated Letter Agreement No.
2 to the Agreement dated as of July 26, 2016, setting forth certain terms and conditions regarding
the sale of the Aircraft (the “Original Letter Agreement”).
WHEREAS, the Buyer and the Seller wish to amend and restate the Original Letter Agreement to
incorporate relevant amendments to such Original Letter Agreement into a single document.
NOW THEREFORE IT IS AGREED THAT THE ORIGINAL LETTER AGREEMENT IS HEREBY AMENDED
AND RESTATED TO READ IN ITS ENTIRETY AS FOLLOWS:
Exhibit 10.6(j)
1 | PREDELIVERY PAYMENTS |
1.1 | For each [***] Aircraft (excluding all Incremental A321 Aircraft and all Converted [***] Aircraft), Clauses 5.3.2 and 5.3.3 of the Agreement are deleted in their entirety and replaced by Clauses 5.3.2 and 5.3.3 below between the QUOTE and UNQUOTE: |
QUOTE
5.3.2 | The Predelivery Payment Reference Price for a [***] Aircraft to be delivered in [***] is determined in accordance with the following formula: |
[***]
5.3.3 | Predelivery Payments will be paid according to the following schedule. | |||
Payment Date | Percentage of Predelivery Payment Reference Price | |||
1st Payment | [***] | [***] | ||
2nd Payment | [***] | [***] | ||
3rd Payment | [***] | [***] | ||
______________________________________________________ | ||||
TOTAL PAYMENT PRIOR TO DELIVERY | [***] | |||
In the event of the above schedule resulting in any Predelivery Payment falling due prior to the date
of signature of the Agreement, such Predelivery Payments shall be made upon signature of this
Agreement.
UNQUOTE
Exhibit 10.6(j)
1.2 | For each NEO Aircraft (excluding all Incremental A321 NEO Aircraft, all Converted A321 NEO Aircraft, all Additional A321 NEO Aircraft, all [***], all A321 LR Aircraft [***]), Clauses 5.3.2 and 5.3.3 of the Agreement are deleted in their entirety and replaced by Clauses 5.3.2 and 5.3.3 below between the QUOTE and UNQUOTE: |
QUOTE
5.3.2 The Predelivery Payment Reference Price for a NEO Aircraft to be delivered in [***] is
determined in accordance with the following formula:
[***]
5.3.3 Predelivery Payments will be paid according to the following schedule.
Payment Date | Percentage of Predelivery Payment Reference Price | |
1st Payment | [***] | [***] |
2nd Payment | [***] | [***] |
3rd Payment | [***] | [***] |
______________________________________________________ | ||
TOTAL PAYMENT PRIOR TO DELIVERY | [***] | |
In the event of the above schedule resulting in any Predelivery Payment falling due prior to the date
of signature of the Agreement, such Predelivery Payments shall be made upon signature of this
Agreement.
UNQUOTE
1.3 | For each Incremental A321 Aircraft and each Converted [***] Aircraft, Clauses 5.3.2 and 5.3.3 of the Agreement are deleted in their entirety and replaced by Clauses 5.3.2 and 5.3.3 below between the QUOTE and UNQUOTE: |
QUOTE
Exhibit 10.6(j)
5.3.2 | The Predelivery Payment Reference Price for an Incremental A321 Aircraft or a Converted [***] Aircraft to be delivered in [***] is determined in accordance with the following formula: |
[***]
5.3.3 | Predelivery Payments will be paid according to the following schedule. | |||
Payment Date | Percentage of Predelivery Payment Reference Price | |||
1st Payment | [***] | [***] | ||
2nd Payment | [***] | [***] | ||
3rd Payment | [***] | [***] | ||
______________________________________________________ | ||||
TOTAL PAYMENT PRIOR TO DELIVERY | [***] | |||
In the event of the above schedule resulting in any Predelivery Payment falling due prior to the date
of signature of the Agreement, such Predelivery Payments shall be made upon signature of this
Agreement.
UNQUOTE
1.4 | For each Incremental A321 NEO Aircraft and each Converted A321 NEO Aircraft, Clauses 5.3.2 and 5.3.3 of the Agreement are deleted in their entirety and replaced by Clauses 5.3.2 and 5.3.3 below between the QUOTE and UNQUOTE: |
QUOTE
5.3.2 The Predelivery Payment Reference Price for an Incremental A321 NEO Aircraft or a
Converted A321 NEO Aircraft to be delivered in [***] is determined in accordance with the following
formula:
[***]
Exhibit 10.6(j)
5.3.3 Predelivery Payments will be paid according to the following schedule.
Payment Date | Percentage of Predelivery Payment Reference Price | |
1st Payment | [***] | [***] |
2nd Payment | [***] | [***] |
3rd Payment | [***] | [***] |
______________________________________________________ | ||
TOTAL PAYMENT PRIOR TO DELIVERY | [***] | |
In the event of the above schedule resulting in any Predelivery Payment falling due prior to the date
of signature of the Agreement, such Predelivery Payments shall be made upon signature of this
Agreement.
UNQUOTE
1.5 | For each Additional A321 Aircraft, Clauses 5.3.2 and 5.3.3 of the Agreement are deleted in their entirety and replaced by Clauses 5.3.2 and 5.3.3 below between the QUOTE and UNQUOTE: |
QUOTE
[***]
5.3.2 | The Predelivery Payment Reference Price for an Additional A321 Aircraft to be delivered in [***] is determined in accordance with the following formula: |
[***]
5.3.3 | Predelivery Payments will be paid according to the following schedule. | ||
Exhibit 10.6(j)
Payment Date | Percentage of Predelivery Payment Reference Price | ||
1st Payment | [***] | [***] | |
2nd Payment | [***] | [***] | |
3rd Payment | [***] | [***] | |
4th Payment | [***] | [***] | |
______________________________________________________ | |||
TOTAL PAYMENT PRIOR TO DELIVERY | [***] | ||
In the event of the above schedule resulting in any Predelivery Payment falling due prior to the date
of signature of Amendment No. 4 to the Agreement, such Predelivery Payments shall be made
within one (1) Business Day of signature of Amendment No. 4 to the Agreement.
UNQUOTE
1.6 | For each Additional A321 NEO Aircraft [***], Clauses 5.3.2 and 5.3.3 of the Agreement are deleted in their entirety and replaced by Clauses 5.3.2 and 5.3.3 below between the QUOTE and UNQUOTE: |
QUOTE
[***]
5.3.2 The Predelivery Payment Reference Price for an Additional A321 NEO Aircraft [***], as
applicable, to be delivered in [***] is determined in accordance with the following formula:
[***]
5.3.3 Predelivery Payments will be paid according to the following schedule.
Payment Date | Percentage of Predelivery Payment Reference Price | |
1st Payment | [***] | [***] |
2nd Payment | [***] | [***] |
Exhibit 10.6(j)
3rd Payment | [***] | [***] |
4th Payment | [***] | [***] |
______________________________________________________ | ||
TOTAL PAYMENT PRIOR TO DELIVERY | [***] | |
In the event of the above schedule resulting in any Predelivery Payment falling due prior to the date
of signature of Amendment No. 4 to the Agreement [***], such Predelivery Payments shall be made
within one (1) Business Day of signature of Amendment No. 4 to the Agreement [***].
UNQUOTE
1.7 | [***] for each such Converted A321 LR Aircraft Clauses 5.3.2 and 5.3.3 of the Agreement are deleted in their entirety and replaced by Clauses 5.3.2 and 5.3.3 below between the QUOTE and UNQUOTE: |
QUOTE
5.3.2 The Predelivery Payment Reference Price for an A321 LR Aircraft to be delivered in [***] is
determined in accordance with the following formula:
[***]
Payment Date | Percentage of Predelivery Payment Reference Price | |
1st Payment | [***] | [***] |
2nd Payment | [***] | [***] |
3rd Payment | [***] | [***] |
4th Payment | [***] | [***] |
______________________________________________________ | ||
TOTAL PAYMENT PRIOR TO DELIVERY | [***] | |
In the event of the above schedule resulting in any Predelivery Payment falling due prior to the date
of signature of [***], such Predelivery Payments shall be made within one (1) Business Day of
signature of [***].
UNQUOTE
Exhibit 10.6(j)
1.8 | [*** ] |
2. | PDP DEFERRAL |
Clause 5.3.5 with the following quoted text is added to the Agreement:
QUOTE
5.3.5 | [*** ] |
[***]
As used herein:
(i) [***]
(ii) "Business Day" shall mean any day which is not a Saturday or a Sunday and which is neither a
legal holiday nor a day on which banking institutions are authorized or required by law or regulation
to close in New York, New York, or London, England and
(iii) [***]
UNQUOTE
3 [***]
The Buyer and the Seller acknowledge that the Buyer [***] in accordance with the terms and
conditions set forth in Paragraph 2 of this Letter Agreement.
4 | ASSIGNMEN T |
Notwithstanding any other provision of this Letter Agreement or of the Agreement, this Letter
Agreement and the rights and obligations of the Buyer hereunder will not be assigned or transferred
Exhibit 10.6(j)
in any manner without the prior written consent of the Seller, and any attempted assignment or
transfer in contravention of the provisions of this Paragraph 4 will be void and of no force or effect.
5 | CONFIDENTIALIT Y |
This Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement.
6 | COUNTERPART S |
This Letter Agreement may be executed by the parties hereto in separate counterparts, each of
which when so executed and delivered shall be an original, but all such counterparts shall together
constitute one and the same instrument.
If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy
hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
By: /s/ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Its: Senior Vice President Contracts
Accepted and Agreed
JETBLUE AIRWAYS CORPORATION
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇
Its: Chief Financial Officer
Exhibit 10.6(j)
AMENDED AND RESTATED
LETTER AGREEMENT NO. 3
As of July 7, 2018
JetBlue Airways Corporation
27-01 Queens Plaza North
Long Island City, New York 11101
Re: [***]
Dear Ladies and Gentlemen,
JetBlue Airways Corporation (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an
A320 Family Aircraft Purchase Agreement dated as of October 19, 2011 (as supplemented and
amended by the other letter agreements, and as otherwise supplemented, amended or modified
from time to time, including without limitation by Amendment No. 1 dated as of October 25, 2013,
Amendment No. 2 dated as of November 19, 2014, Amendments No.3 and No. 4 dated as of July
26, 2016, Amendment No. 5 dated as of August 9, 2016, Amendment No. 6 dated as of April 11,
2017, Amendment No. 7 dated as of April 25, 2017, Amendment No. 8 dated as of December 19,
2017, Amendment No. 9 dated as of March 30, 2018 and Amendment No. 10 dated as of even date
herewith (the “Agreement”), which covers, among other matters, the sale by the Seller and the
purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said
Agreement. The Buyer and the Seller have agreed to set forth in this Amended and Restated Letter
Agreement No. 3 (this “Letter Agreement” , or “Letter Agreement No. 3”, or “Amended and
Restated Letter Agreement No. 3”) certain additional terms and conditions regarding the sale of
the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement will
have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and
“hereunder” and words of similar import refer to this Letter Agreement.
Both parties agree that this Letter Agreement will constitute an integral, nonseverable part of said
Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and
that this Letter Agreement will be governed by the provisions of said Agreement, except that if the
Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific
provisions contained in this Letter Agreement will govern.
WITNESSETH:
WHEREAS, the Buyer and the Seller have entered into Amended and Restated Letter Agreement No.
3 to the Agreement dated as of July 26, 2016, setting forth certain terms and conditions regarding
the sale of the Aircraft (the “Original Letter Agreement”).
WHEREAS, the Buyer and the Seller wish to amend and restate the Original Letter Agreement to
incorporate relevant amendments to such Original Letter Agreement into a single document.
NOW THEREFORE IT IS AGREED THAT THE ORIGINAL LETTER AGREEMENT IS HEREBY AMENDED
AND RESTATED TO READ IN ITS ENTIRETY AS FOLLOWS:
1 DEFINITIONS
Exhibit 10.6(j)
Clause 0 to the Agreement is amended to [***] modify or add the following defined terms between
the words “QUOTE” and “UNQUOTE”:
QUOTE
[***] Aircraft – any or all of the remaining thirty (30), of the fifty-two (52) A320-200 model aircraft
originally to be sold by the Seller and purchased by the Buyer pursuant to the Original Agreement,
as of the date hereof to be sold by the Seller and purchased by the Buyer pursuant to this
Agreement as A321-200 model aircraft, and [***] pursuant to this Agreement, together with all
components, equipment, parts and accessories installed in or on such aircraft and the relevant
A321 Propulsion System installed thereon.
A321 LR Aircraft – an A321-200NX type aircraft together with all components, equipment, parts
and accessories installed in or on such aircraft and the A321 LR Propulsion System installed
thereon upon Delivery.
A321 LR Airframe – an A321 LR Aircraft, excluding A321 LR Propulsion System therefor.
A321 LR Propulsion System – as defined in Clause 2.3.8, as set forth in Paragraph 3.4 of Letter
Agreement No. 3.
A321 NEO Aircraft – any or all of the A321 aircraft that have been [***] pursuant to this Agreement
together with all components, equipment, parts and accessories installed in or on such aircraft
and the A321 NEO Propulsion System installed thereon upon Delivery. For the sake of clarity, A321
NEO Aircraft includes the [***], the Incremental A321 NEO Aircraft, the Additional A321 NEO
Aircraft and [***].
A321 NEO Airframe – an A321 NEO Aircraft, excluding the A321 NEO Propulsion System therefor.
A321 NEO Propulsion System – as defined in Clause 2.3.4, as set forth in Paragraph 3.2 of Letter
Agreement No. 3.
[***]
Additional Aircraft – any and all of the Additional A321 Aircraft, Additional A321 NEO Aircraft, [***].
Aircraft – individually or collectively, the Group 1 A320 Aircraft, the [***] Aircraft, the A320 NEO
Aircraft, the [***] Aircraft, the A321 NEO Aircraft, [***], the Incremental A321 Aircraft, the Additional
A321 Aircraft, the Incremental A321 NEO Aircraft, the Additional A321 NEO Aircraft, [***], the A321
LR Aircraft [***], as applicable.
Airframe – as applicable, the A320 Airframe, A320 NEO Airframe, the A321 Airframe, the A321 NEO
Airframe, the A321 LR Airframe [***].
[***] Aircraft – the [***] Aircraft and the [***] Aircraft.
Exhibit 10.6(j)
Base Price of the Airframe – the Base Price of the [***] Airframe, the Base Price of A320 NEO
Airframe, the Base Price of the [***] Airframe, the Base Price of the A321 NEO Airframe, the Base
Price of the Group 1 A320 Airframe, the Base Price of the Incremental A321 Airframe, the Base Price
of the Incremental A321 NEO Airframe, [***] the Base Price of the Additional A321 Airframe, the
Base Price of the Additional A321 NEO Airframe, [***] the Base Price of the A321 LR Airframe [***],
as applicable.
Base Price of the A321 LR Airframe – as defined in Paragraph 4 herein.
[***]
Base Price of the Group 1 A320 Airframe – as defined in Paragraph 4 herein.
[***]
CFM LEAP Propulsion System – the CFM LEAP-1A24 Propulsion System, the CFM LEAP-1A26
Propulsion Systems and the CFM LEAP-1A32 Propulsion System, as applicable.
[***]
IAE LLC Propulsion System – the PW1124G-JM Propulsion System, the PW1127G-JM Propulsion
System and the PW1133G-JM Propulsion System, as applicable.
IAE Propulsion System – the IAE V2524-A5 Propulsion System, the IAE V2527-A5 Propulsion
System and the IAE V2533-A5 Propulsion System, as applicable.
NEO Aircraft – an A320 NEO Aircraft, an A321 NEO Aircraft, an A321 LR Aircraft [***], as applicable.
NEO Propulsion System –the A320 NEO Propulsion System, the A321 NEO Propulsion System, the
A321 LR Propulsion System [***], as applicable.
Standard Specification – the A320 NEO Standard Specification, the A321 Standard Specification,
the A321 NEO Standard Specification, [***], as applicable.
UNQUOTE
2 | [*** ] |
2.1 | INTENTIONALLY LEFT BLANK |
2.2 [***]
Exhibit 10.6(j)
2.3 Aircraft Specification
2.3.1 | Intentionally Left Blank |
2.3.2 Intentionally Left Blank
2.3.3 | The A321 NEO Aircraft SCN List, as set forth in Appendix 4 to this Letter Agreement, is hereby incorporated into the Agreement and shall also apply to the Incremental A321 NEO Aircraft, Additional A321 NEO Aircraft [***]. |
2.3.4 | The A321 LR Aircraft SCN List, as set forth in Appendix 5 to this Letter Agreement, is hereby incorporated into the Agreement. |
2.3.5 | [*** ] |
2.3.7 | Clause 2.1.2(iv) is hereby added to the Agreement to read as set forth in the following quoted text: |
QUOTE
2.1.2 (iv) The A321 LR Aircraft, will be manufactured in accordance with the A321 NEO Standard
Specification as may already have been modified or varied at the date of this Agreement by the
Specification Change Notices listed in Appendix 5 to Letter Agreement No. 3, which includes the
following design weights: a maximum take-off weight (MTOW) of [***] metric tons, a maximum
landing weight (MLW) of [***] metric tons and a maximum zero fuel weight (MZFW) of [***] metric
tons as well as [***] ACTs.
UNQUOTE
2.3.7 | Intentionally left blank |
Exhibit 10.6(j)
3 PROPULSION SYSTEMS
3.1 Clause 2.3.2 is deleted in its entirety and replaced with the following quoted texted:
QUOTE
2.3.2 | The A320 NEO Airframe will be equipped with either a set of two (2) (i) CFMI LEAP-1A26 engines with an AET of 26,600 lbf or (ii) PW1127G-JM engines with an AET of 26,800 lbf (each, the “A320 NEO Propulsion System”). |
UNQUOTE
3.2 New Clauses 2.3.4, 2.3.5 and 2.3.6 are inserted into the Agreement as set forth in the
following quoted text:
QUOTE
2.3.4 | The A321 NEO Airframe will be equipped with either a set of two (2) (i) CFM LEAP-1A32 engines with an AET of 32,100 lbf or (ii) PW1133G-JM engines with an AET of 32,700 lbf (each, the “A321 NEO Propulsion System”). |
2.3.5 Intentionally Left Blank
[***]
UNQUOTE
3.3 Clause 2.3.4 of the Agreement is renumbered to Clause 2.3.7.
3.4 Clause 2.3.8 is inserted into the Agreement as set forth in the following quoted text:
QUOTE
2.3.8 | The A321 LR Airframe will be equipped with either a set of two (2) (i) CFM LEAP-1A33 engines with an AET of 32,900 lbf or (ii) PW1133G-JM engines with an AET of 32,700 lbf (each, the “A321 LR Propulsion System”). |
UNQUOTE
3.5 [***]
Exhibit 10.6(j)
3.6 | CFM has informed the Seller of its intention to change the original development engine designation of all LEAP-X1A Propulsion Systems to LEAP-1A, and IAE LLC has informed the Seller of its intention to change the original development engine designation of all PW1100G Propulsion Systems to PW1100G-JM. |
The Buyer hereby agrees and accepts that any reference to respectively LEAP-X1A Propulsion
Systems or LEAP-1A Propulsion Systems shall be construed as references to the same engine
types.
The Buyer hereby agrees and accepts that any reference to respectively PW1100G Propulsion
Systems or PW1100G-JM Propulsion Systems shall be construed as references to the same engine
types.
The Buyer hereby acknowledges that any and all claims, concerns or issues it may have in respect
of the foregoing shall be addressed directly to CFM or IAE LLC as applicable, and the Seller hereby
declines any and all responsibility with respect to any modifications to Propulsion System
designations.
4 AIRFRAME BASE PRICES
4.1 | New Clauses 3.1.13 and 3.1.14 are added to the Agreement to read as follows in the quoted text: |
QUOTE
3.1.13 | The “Base Price of the A321 LR Airframe” is the sum of the following base prices: |
(i) | the base price of the A321 LR Airframe as defined in the A321 NEO Standard Specification including nacelles and thrust reversers, the transatlantic package with [***] ACTs, [***] MTOW as per Clause 2.1.1 (vii) and excluding Buyer Furnished Equipment, which is: |
USD $[***]
(US Dollars – [***]),
Exhibit 10.6(j)
(ii) | Intentionally left blank |
(iii) | the sum of the base prices of any and all SCNs set forth in Appendix 5 to this Letter Agreement No.3, which is: |
USD $[***]
(US Dollars – [***]), and
(iv) | the base price of the Master Charge Engine, which is applicable if a CFM LEAP Propulsion System is selected, which is: |
USD $[***] (US Dollars – [***]).
3.1.14 | The A321 LR Airframe Base Price has been established in accordance with the average economic conditions prevailing in the A320 Family Base Period. |
UNQUOTE
4.2 | New Clauses 3.2.5, 3.2.6 and 3.2.7 are added to the Agreement to read as follows in the quoted text: |
QUOTE
3.2.5 | Intentionally Left Blank |
3.2.6 | (i) the base price of a set of two (2) CFM LEAP-1A24 engines (the “CFM LEAP 1A24 Propulsion System” is |
USD $[***]
Exhibit 10.6(j)
(US Dollars – [***])
The Base Price of the CFM LEAP 1A24 Propulsion System has been established in accordance with
the delivery conditions prevailing [***] and has been calculated from the applicable CFM
Propulsion System Reference Price, as set forth in Part 2 of Exhibit C.
Notwithstanding the foregoing, the CFM Propulsion System Reference Price corresponds to the
thrust ratings defined for the respective Propulsion System in Clause 2.3 and may be revised to
reflect thrust rating adjustments upon final NEO specification freeze.
(ii) | the base price of a set of two (2) CFM LEAP-1A32 engines (the “CFM LEAP 1A32 Propulsion System”) is |
USD $[***]
(US Dollars – [***])
The Base Price of the CFM LEAP 1A32 Propulsion System has been established in accordance with
the delivery conditions prevailing [***] and has been calculated from the applicable CFM
Propulsion System Reference Price, as set forth in Part 2 of Exhibit C.
(iii) | the base price of a set of two (2) CFM LEAP-1A33 engines (the “CFM LEAP 1A33 Propulsion System”) is |
USD $[***]
(US Dollars – [***])
The Base Price of the CFM LEAP 1A33 Propulsion System has been established in accordance with
the delivery conditions prevailing [***] and has been calculated from the applicable CFM
Propulsion System Reference Price, as set forth in Part 2 of Exhibit C.
Notwithstanding the foregoing, the CFM Propulsion System Reference Price corresponds to the
thrust ratings defined for the respective Propulsion System in Clause 2.3 and may be revised to
reflect thrust rating adjustments upon final NEO specification freeze.
3.2.7 | (i) the base price of a set of two (2) PW1124G-JM engines (the “PW1124G- JM Propulsion System”) is |
USD $[***]
(US Dollars – [***])
Exhibit 10.6(j)
The Base Price of the PW1124G-JM Propulsion System has been established in accordance with
the delivery conditions prevailing [***] and has been calculated from the applicable IAE LLC
Propulsion System Reference Price, as set forth in Part 4 of Exhibit C.
Notwithstanding the foregoing, the IAE LLC Propulsion System Reference Price corresponds to the
thrust ratings defined for the respective Propulsion System in Clause 2.3 and may be revised to
reflect thrust rating adjustments upon final NEO specification freeze.
(ii) | the base price of a set of two (2) PW1133G-JM engines (the “PW1133G-JM Propulsion System”) is |
USD $[***]
(US Dollars – [***])
The Base Price of the PW1133G-JM Propulsion System has been established in accordance with
the delivery conditions prevailing [***] and has been calculated from the applicable IAE LLC
Propulsion System Reference Price, as set forth in Part 4 of Exhibit C.
Notwithstanding the foregoing, the IAE LLC Propulsion System Reference Price corresponds to the
thrust ratings defined for the respective Propulsion System in Clause 2.3 and may be revised to
reflect thrust rating adjustments upon final NEO specification freeze.
UNQUOTE
4.3 | [*** ] |
5 OTHER COMMERCIAL TERMS
5.1 | The Predelivery Payments for [***] Aircraft (excluding [***], is as set forth in Clause 5.3 of the Agreement as modified by Paragraphs 1.1 and 2 of Letter Agreement No. 2 to the Agreement. |
Exhibit 10.6(j)
5.2 | The Predelivery Payments for NEO Aircraft (excluding the Incremental A321 NEO Aircraft, [***], Additional A321 NEO Aircraft, [***], A321 LR Aircraft [***]) is as set forth in Clause 5.3 of the Agreement as modified by Paragraphs 1.2 and 2 of Letter Agreement No. 2 to the Agreement. |
5.3 | The Predelivery Payments for [***] [***] Incremental A321 Aircraft, is as set forth in Clause 5.3 of the Agreement as modified by Paragraphs 1.3 and 2 of Letter Agreement No. 2 to the Agreement. |
5.4 | The Predelivery Payments for Incremental A321 NEO Aircraft [***] is as set forth in Clause 5.3 of the Agreement as modified by Paragraphs 1.4 and 2 of Letter Agreement No. 2 to the Agreement. |
5.5 | The Predelivery Payments for Additional A321 Aircraft is as set forth in Clause 5.3 of the Agreement as modified by Paragraphs 1.5 and 2 of Letter Agreement No. 2 to the Agreement. |
5.6 | The Predelivery Payments for Additional A321 NEO Aircraft [***] is as set forth in Clause 5.3 of the Agreement as modified by Paragraphs 1.6 and 2 of Letter Agreement No. 2 to the Agreement. |
5.7 | The Predelivery Payments for A321 LR Aircraft is as set forth in Clause 5.3 of the Agreement as modified by Paragraphs 1.7 and 2 of Letter Agreement No. 2 to the Agreement. |
5.8 | [*** ] |
5.9 [***]
Exhibit 10.6(j)
5.10 | The purchase incentives applicable to the Additional A321 Aircraft are set forth in Paragraph 10 of Letter Agreement No. 1 to the Agreement. |
5.11 | The purchase incentives applicable to the A321 NEO Aircraft (excluding Additional A321 NEO Aircraft [***] and Incremental A321 NEO Aircraft are set forth in Paragraph 6 of Letter Agreement No. 1 to the Agreement. |
5.12 | The purchase incentives applicable to the Additional A321 NEO Aircraft [***] are set forth in Paragraph 11 of Letter Agreement No. 1 to the Agreement. |
5.13 | The purchase incentives applicable to the [***] are set forth in Paragraph 12 of Letter Agreement No. 1 to the Agreement. |
5.14 | [*** ] |
5.15 | The [***] applicable to the A321 NEO Aircraft, the A321 LR Aircraft [***] is set forth in Paragraph 9 of Letter Agreement No. 1 to the Agreement. |
6. NEO AIRCRAFT AND [***]
6.1 | Notwithstanding the Delivery Schedule set forth in Clause 9.1 of the Agreement, [***] |
6.2 | If the Seller exercises its right pursuant to Paragraph 6.1 above, [***] |
Exhibit 10.6(j)
6.3 | Between [***] and [***], the [***]. |
6.4 | Predelivery Payments received for any NEO Aircraft [***] pursuant to Paragraphs 6.1 or 6.3 above, [***]. |
[***]
8 | ASSIGNMENT |
Notwithstanding any other provision of this Letter Agreement or of the Agreement, this Letter
Agreement and the rights and obligations of the Buyer hereunder will not be assigned or transferred
in any manner without the prior written consent of the Seller, and any attempted assignment or
transfer in contravention of the provisions of this Paragraph 8 will be void and of no force or effect.
9 CONFIDENTIALITY
This Letter Agreement is subject to the terms and conditions of Clause 22.10 of the Agreement.
10 COUNTERPARTS
This Letter Agreement may be executed by the parties hereto in separate counterparts, each of
which when so executed and delivered shall be an original, but all such counterparts shall together
constitute one and the same instrument.
If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy
hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
By: /s/ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Its: Senior Vice President Contracts
Accepted and Agreed
JETBLUE AIRWAYS CORPORATION
Exhibit 10.6(j)
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇
Its: Chief Financial Officer
Exhibit 10.6(j)
APPENDIX 1
INTENTIONALLY LEFT BLANK
Exhibit 10.6(j)
APPENDIX 2
INTENTIONALLY LEFT BLANK
Exhibit 10.6(j)
APPENDIX 3
[***]
Exhibit 10.6(j)
APPENDIX 4
JETBLUE A321NEO CUSTOMIZATION BUDGET PROPOSAL | ||||||
Based on A321-200NX Standard Specification Issue 1.0 dated 22 April 2016 | ||||||
A321neo Aircraft | ||||||
A321-200 NEO | ||||||
ATA | TITLE | SCN Budget $[***] per aircraft | Estimated BFE Budget $[***] per aircraft | Comments | ||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | [***] | ||
[***] | [***] | [***] | [***] | [***] | ||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | |||
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[***] | [***] | [***] | [***] | [***] | ||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | [***] | ||
[***] | [***] | [***] | [***] | |||
Exhibit 10.6(j)
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | |||
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[***] | [***] | [***] | [***] | [***] | ||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | |||
[***] | [***] | [***] | [***] | [***] | ||
[***] | [***] | [***] | [***] | [***] | ||
[***] | [***] | [***] | [***] | |||
TOTAL OF SCNS AND ESTIMATED BFE BUDGET – [***] PER AIRCRAFT(***) | [***] | [***] | ||||
Exhibit 10.6(j)
(*) : [***] | ||||||
(**) Airbus Equivalent Thrust (AET) definition: Mach number 0.25 /ISA+15°C/ sea level thrust divided by 0.8 (representative of sea level aircraft performance). | ||||||
(***): [***] | ||||||
Exhibit 10.6(j)
APPENDIX 5
A321LR | |||||||
Customisation SCN budget | |||||||
JETBLUE AIRWAYS CORPORATION | |||||||
Based on A321-200NX Standard Specification 1.0 dated 22nd April 2016 | |||||||
EPAC/TDU | Title | Estimated SCN budget Price (USD) per [***] | Comments | ||||
ATA 02 CERTIFICATION - EXTERNAL LIVERY | |||||||
[***] | [***] | [***] | [***] | ||||
[***] | [***] | [***] | [***] | ||||
[***] | [***] | [***] | [***] | ||||
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Exhibit 10.6(j)
[***] | [***] | [***] | [***] | ||||
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Exhibit 10.6(j)
[***] | [***] | [***] | [***] | ||||
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Exhibit 10.6(j)
[***] | [***] | [***] | [***] | ||||
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Exhibit 10.6(j)
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Exhibit 10.6(j)
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TOTAL SCN budget(**) per [***] | $[***] | ||||||
(*) Airbus Equivalent Thrust (AET) definition: Mach number 0.25 /ISA+15°C/ sea level thrust divided by 0.8 (representative of sea level aircraft performance). | |||||||
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Exhibit 10.6(j)
APPENDIX 6
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