Exhibit 10.5
CONFIDENTIAL TREATMENT
REQUESTED PURSUANT TO RULE 24b-2

AMENDMENT No. 5 TO PURCHASE AGREEMENT DCT-014/2004

This Amendment No. 5 to Purchase Agreement DCT-014/2004, dated as of September
29, 2004 (“Amendment No. 5”) relates to the Purchase Agreement DCT-014/2004 (the
“Purchase Agreement”) between Embraer - Empresa Brasileira de Aeronáutica S.A.
(“Embraer”) and Republic Airline, Inc. (“Buyer”) dated March 19, 2004 as amended
from time to time (collectively referred to herein as “Agreement”). This
Amendment No. 5 is between Embraer and Buyer, collectively referred to herein as
the “Parties”.

This Amendment No. 5 sets forth additional agreements between Embraer and Buyer
relative to the confirmation and anticipation of one (1) Conditional Aircraft.

Except as otherwise provided for herein all terms of the Purchase Agreement
shall remain in full force and effect. All capitalized terms used in this
Amendment No. 5, which are not defined herein shall have the meaning given in
the Purchase Agreement. In the event of any conflict between this Amendment No.
5 and the Purchase Agreement the terms, conditions and provisions of this
Amendment No. 5 shall control.

WHEREAS, in connection with the Parties’ agreement above mentioned, the Parties
have now agreed to amend the Purchase Agreement as provided for below:

NOW, THEREFORE, for good and valuable consideration which is hereby acknowledged
Embraer and Buyer hereby agree as follows:

 

1.    Subject: Article 2 of the Purchase Agreement shall be deleted and replaced
as follows:

 
“Subject to the terms and conditions of this Agreement:
 
2.1 Embraer shall sell and deliver and Buyer shall purchase and take delivery of
thirteen (13) Aircraft and ten (10) Confirmed Conditional Aircraft;
 
2.2    Embraer shall provide to Buyer the Services and the Technical
Publications;
 
2.3    Buyer shall have the right to purchase up to two (2) Conditional
Aircraft, in accordance with Article 22; and
 
2.4    Buyer shall have the option to purchase up to twenty-five (25) Option
Aircraft, in accordance with Article 23.”

 

2.    Delivery: The table containing the delivery schedule in Article 5.1 of the
Purchase Agreement shall be deleted in its entirely and replaced with the
following:

CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR
CONFIDENTIAL TREATMENT UNDER RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934.
THE OMITTED MATERIALS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND
EXCHANGE COMMISSION.
 
Amendment No. 5 to Purchase Agreement DCT-014/2004 
 
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CONFIDENTIAL

 

“Firm A/C
Delivery Month
Confirmed Conditional A/C
Delivery Month
1
Sep 2004
14
[*]
2
[*]
15
[*]
3
[*]
16
[*]
4
[*]
17
[*]
5
[*]
18
[*]
6
[*]
19
[*]
7
[*]
20
[*]
8
[*]
21
[*]
9
[*]
22
[*]
10
[*]
23
Jun 2005”
11
[*]
12
[*]
13
[*]

 

 

3.    Conditional Aircraft: The opening paragraph of Article 22, the delivery
schedule table and the first paragraph of Article 22.1 of the Purchase Agreement
shall be deleted and replaced by the following:

“Subject to confirmation by Buyer as described below, Buyer shall have the right
to purchase up to two (2) additional Aircraft (the "Conditional Aircraft"), to
be delivered on the last day of the applicable month set forth below or such
earlier date in such month specified pursuant to Article 7.1:

Conditional A/C
Delivery Month
24
[*]
25
[*]

 

22.1    Buyer's right to purchase [*] shall be subject to Buyer giving notice to
Embraer of its election to purchase [*] on or before [*]. Buyer shall be allowed
to confirm the acquisition of all or part of [*]”

The second paragraph of Article 22.1 shall remain unchanged.

4.    Miscellaneous: All other provisions of the Agreement which have not been
specifically amended or modified by this Amendment No. 5 shall remain valid in
full force and effect without any change.

[Remainder of page intentionally left in blank]

                   

*Confidential

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CONFIDENTIAL

IN WITNESS WHEREOF, EMBRAER and BUYER, by their duly authorized officers, have
entered into and executed this Amendment No. 5 to Purchase Agreement to be
effective as of the date first written above.

EMBRAER - Empresa Brasileira de Aeronáutica S.A.
Republic Airline, Inc.
 
By  /s/ Antonio Luiz Pizarro Manso
Name:  Antonio Luiz Pizarro Manso
Title:  Executive Vice-President Corporate & CFO
 
By   /s/ Bryan Bedford
Name:  Bryan Bedford
Title: President & CEO
 
By  /s/ Jose Luis Molina
Name:  Jose Luis Molina
Title:   Director of Contracts Airline Market
 
Date:  September 29, 2004
Place:  Indianapolis
 
Date:  September 29, 2004
Place:  Sao Jose dos Campos, Brazil
 

Witness: /s/ Fernando Bueno                                   Witness: /s/
Lars-Erik Arnell

Name: Fernando Bueno                                 Name: Lars-Erik Arnell

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