Exhibit 10.7

CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT HAS BEEN OMITTED AND FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION IN ACCORDANCE WITH THE
SECURITIES ACT OF 1933, AS AMENDED, AND RULE 24B-2 PROMULGATED THEREUNDER.
OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS.

Supplemental Agreement No. 08

to

Purchase Agreement Number PA-03784

Between

The Boeing Company

and

United Airlines, Inc.

Relating to Boeing Model 737 Aircraft

THIS SUPPLEMENTAL AGREEMENT is entered into as of June 12, 2015 by and between
THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (formerly known as
Continental Airlines, Inc. and successor by merger to United Air Lines, Inc.)
(Customer);

WHEREAS, the parties hereto entered into Purchase Agreement Number PA-03784
dated July 12, 2012 (Purchase Agreement), as amended and supplemented, relating
to the purchase and sale of Boeing Model 737 aircraft (Aircraft). This
Supplemental Agreement is an amendment to the Purchase Agreement;

WHEREAS, Boeing and Customer agree to ***:

 

Delivery Month

  

Serial Number

***    ***

WHEREAS, Boeing and Customer agree to ***:

 

Delivery Month

  

Serial Number

***    ***

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

 

  1. Table of Contents, Articles, Tables, Exhibits, and Letter Agreements:

1.1 The “Table of Contents” is deleted in its entirety and replaced with the
attached “Table of Contents” (identified by “SA-8”).

1.2 “Table 1”, 737-900ER Aircraft Delivery, Description, Price and Advance
Payments, is deleted in its entirety and replaced with the attached “Table 1”,
737-900ER Aircraft Delivery, Description, Price and Advance Payments (identified
by “SA-8”).

1.3 “Attachment A to Letter Agreement UAL-PA-03784-LA-1207879” is deleted in its
entirety and replaced with the attached “Attachment A to Letter Agreement
UAL-PA-03784-LA-1207879” (identified by “SA-8”).

 

P.A. 03784

   SA 8-1   

UAL

   BOEING / UNITED AIRLINES, INC. PROPRIETARY   

--------------------------------------------------------------------------------

Supplemental Agreement No. 08 to

Purchase Agreement PA-03784

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.

EXECUTED IN DUPLICATE as of the day and year first written above.

 

THE BOEING COMPANY UNITED AIRLINES, INC.

/s/ Patrick McKelvey

/s/ Gerald Laderman

Signature Signature

Attorney-in-Fact

Senior Vice President – Finance, Procurement and Treasurer

Title Title

 

P.A. 03784

SA 8-2

UAL

BOEING / UNITED AIRLINES, INC. PROPRIETARY

--------------------------------------------------------------------------------

TABLE OF CONTENTS

 

          SA
Number

ARTICLES

      Article 1.    Quantity, Model and Description    Article 2.    Delivery
Schedule    Article 3.    Price    Article 4.    Payment    Article 5.   
Additional Terms   

TABLE

      1.    Aircraft Information Table    SA-8

EXHIBIT

      A.    Aircraft Configuration    B.    Aircraft Delivery Requirements and
Responsibilities   

SUPPLEMENTAL EXHIBITS

      AE1.    Escalation Adjustment/Airframe and Optional Features    BFE1.   
BFE Variables    CS1.    Customer Support Variables    EE1.    Engine
Escalation, Engine Warranty ***    SLP1.    Service Life Policy Components   

 

 

UAL-PA-03784

   

SA-8

Page 1

BOEING / UNITED AIRLINES, INC. PROPRIETARY

--------------------------------------------------------------------------------

          SA
Number

LETTER AGREEMENTS

   TITLE    UAL-PA-03784-LA-1207868    Performance Guarantees   
UAL-PA-03784-LA-1207870    Spare Parts Initial Provisioning   
UAL-PA-03784-LA-1207871    Special Matters    UAL-PA-03784-LA-1207878   
Demonstration Flight Waiver    UAL-PA-03784-LA-1207879R2    Option Aircraft   
SA-4    Attachment A    SA-8 UAL-PA-03784-LA-1207881    Seller Purchased
Equipment    UAL-PA-03784-LA-1208155R1    *** Matters    SA-4
UAL-PA-03784-LA-1208156    ***    UAL-PA-03784-LA-1208172    ***   
UAL-PA-03784-LA-1208173    ***    UAL-PA-03784-LA-1207869    737 Production
Adjustments    UAL-PA-03784-LA-1208938    Privileged and Confidential Matters   
UAL-PA-03784-LA-1209039    Aircraft Model Substitution   
UAL-PA-03784-LA-1209115    ***    UAL-PA-03784-LA-1300306    Aircraft Reschedule
– January 2014 to February 2014    SA-2 UAL-PA-03784-LA-1400240    Aircraft
Rescheduling of ***    SA-5

 

UAL-PA-03784

   

SA-8

Page 2

BOEING / UNITED AIRLINES, INC. PROPRIETARY

--------------------------------------------------------------------------------

SUPPLEMENTAL AGREEMENTS

DATED AS OF

Supplemental Agreement No. 01

September 27, 2012

Supplemental Agreement No. 02

March 1, 2013

Supplemental Agreement No. 03

June 27, 2013

Supplemental Agreement No. 04

September 11, 2013

Supplemental Agreement No. 05

March 3, 2014

Supplemental Agreement No. 06

June 6, 2014

Supplemental Agreement No. 07

May 26, 2015

Supplemental Agreement No. 08

June 12, 2015

 

UAL-PA-03784

SA-8

Page 3

BOEING / UNITED AIRLINES, INC. PROPRIETARY

--------------------------------------------------------------------------------

Table 1 To

Purchase Agreement No. 03784

737-900ER Aircraft Delivery, Description, Price and Advance Payments

 

Airframe Model/MTOW:    737-900ER      *** pounds      Detail Specification:   
   ***    Engine Model/Thrust:    CFM56-7B***      *** pounds      Airframe
Price Base Year/Escalation Formula:    ***       *** Airframe Price:      $***
     Engine Price Base Year/Escalation Formula:    ***       *** Optional
Features:      $***                      

 

              Sub-Total of Airframe and Features: $*** Airframe Escalation Data:
Engine Price (Per Aircraft): $*** Base Year Index (ECI): *** Aircraft Basic
Price (Excluding BFE/SPE): $*** Base Year Index (CPI): ***     

 

              Buyer Furnished Equipment (BFE) Estimate: $*** Seller Purchased
Equipment (SPE) Estimate: $*** Deposit per Aircraft: $***

 

Delivery

Date

  

Number of

Aircraft

  

Escalation

Factor

(Airframe)

  

Serial

Number

  

Escalation

Forecast

  

Escalation Estimate

Adv Payment Base

Price Per A/P

  

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

                  ***    ***    ***    ***                  

***

  

***

  

***

  

***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

 

 

Boeing / United Airlines, Inc. Proprietary

   SA-8, Page 1

--------------------------------------------------------------------------------

Table 1 To

Purchase Agreement No. 03784

737-900ER Aircraft Delivery, Description, Price and Advance Payments

 

Delivery

Date

  

Number of

Aircraft

  

Escalation

Factor

(Airframe)

  

Serial

Number

  

Escalation

Forecast

  

Escalation Estimate

Adv Payment Base

Price Per A/P

  

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

                  ***    ***    ***    ***                  

***

  

***

  

***

  

***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

 

 

Boeing / United Airlines, Inc. Proprietary

   SA-8, Page 2

--------------------------------------------------------------------------------

Table 1 To

Purchase Agreement No. 03784

737-900ER Aircraft Delivery, Description, Price and Advance Payments

 

Delivery

Date

  

Number of

Aircraft

  

Escalation

Factor

(Airframe)

  

Serial

Number

  

Escalation

Forecast

  

Escalation Estimate

Adv Payment Base

Price Per A/P

  

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

                  ***    ***    ***    ***                  

***

  

***

  

***

  

***

***    ***    ***    ***    ***    $***    $***    $***    $***    $*** ***   
***    ***    ***    ***    $***    $***    $***    $***    $*** ***    ***   
***    ***    ***    $***    $***    $***    $***    $*** ***    ***    ***   
***    ***    $***    $***    $***    $***    $*** ***    ***    ***    ***   
***    $***    $***    $***    $***    $*** ***    ***    ***    ***    ***   
$***    $***    $***    $***    $*** ***    ***    ***    ***    ***    $***   
$***    $***    $***    $*** ***    ***    ***    ***    ***    $***    $***   
$***    $***    $*** ***    ***    ***    ***    ***    $***    $***    $***   
$***    $*** ***    ***    ***    ***    ***    $***    $***    $***    $***   
$*** ***    ***    ***    ***    ***    $***    $***    $***    $***    $*** ***
   ***    ***    ***    ***    $***    $***    $***    $***    $*** ***    ***
   ***    ***    ***    $***    $***    $***    $***    $*** ***    ***    ***
   ***    ***    $***    $***    $***    $***    $*** ***    ***    ***    ***
   ***    $***    $***    $***    $***    $*** ***    ***    ***    ***    ***
   $***    $***    $***    $***    $*** ***    ***    ***    ***    ***    $***
   $***    $***    $***    $*** ***    ***    ***    ***    ***    $***    $***
   $***    $***    $*** ***    ***    ***    ***    ***    $***    $***    $***
   $***    $*** ***    ***    ***    ***    ***    $***    $***    $***    $***
   $*** ***    ***    ***    ***    ***    $***    $***    $***    $***    $***
***    ***    ***    ***    ***    $***    $***    $***    $***    $*** ***   
***    ***    ***    ***    $***    $***    $***    $***    $*** ***    ***   
***    ***    ***    $***    $***    $***    $***    $*** ***    ***    ***   
***    ***    $***    $***    $***    $***    $*** ***    ***    ***    ***   
***    $***    $***    $***    $***    $***

 

 

Boeing / United Airlines, Inc. Proprietary

   SA-8, Page 3

--------------------------------------------------------------------------------

Table 1 To

Purchase Agreement No. 03784

737-900ER Aircraft Delivery, Description, Price and Advance Payments

 

Delivery

Date

  

Number of

Aircraft

  

Escalation

Factor

(Airframe)

  

Serial

Number

  

Escalation

Forecast

  

Escalation Estimate

Adv Payment Base

Price Per A/P

  

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

                  ***    ***    ***    ***                  

***

  

***

  

***

  

***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

***

   ***    ***    ***    ***    $***    $***    $***    $***    $***

Total:

   70                        

 

* *** Escalation Factors ***

** *** Escalation Factors ***

*** *** Escalation Factor ***

+ *** Escalation Factor ***

++ *** Escalation Factor ***

Note: Serial Numbers are provided as guidance only and are subject to change.

 

 

Boeing / United Airlines, Inc. Proprietary

   SA-8, Page 4

--------------------------------------------------------------------------------

Attachment A to

Letter Agreement UAL-PA-03784-LA-1207879

737-900ER Option Aircraft Delivery, Description, Price and Advance Payments

 

Airframe Model/MTOW:

  737-900ER       *** pounds                         

Detail Specification:

    ***  

Engine Model/Thrust:

  CFM56-7B***   *** pounds    

Airframe Price Base Year/Escalation Formula:

  ***     ***

Airframe Price:

    $***    

Engine Price Base Year/Escalation Formula:

  ***     ***

Optional Features:

    $***              

 

         

Sub-Total of Airframe and Features:

$***

Airframe Escalation Data:

Engine Price (Per Aircraft):

$***

Base Year Index (ECI):

***

Aircraft Basic Price (Excluding BFE/SPE):

$***

Base Year Index (CPI):

***    

 

         

Buyer Furnished Equipment (BFE) Estimate:

$***

Seller Purchased Equipment (SPE) Estimate:

$***

Deposit per Aircraft:

$***

 

Delivery
Date

  Number
of
Aircraft   Escalation
Factor
(Airframe)   Escalation Estimate
Adv Payment Base
Price Per A/P   Advance Payment Per Aircraft (Amts. Due/Mos.
Prior to Delivery):         ***
***   ***
***   ***
***   ***
***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

***

  ***   ***   $***   $***   $***   $***   $***

 

APR 60652

UAL-PA-03784

  Boeing / United Airlines, Inc. Proprietary    SA-8, Page1

--------------------------------------------------------------------------------

Attachment A to

Letter Agreement UAL-PA-03784-LA-1207879

737-900ER Option Aircraft Delivery, Description, Price and Advance Payments

 

Delivery
Date

  Number of
Aircraft   Escalation
Factor
(Airframe)   Escalation Estimate
Adv Payment Base
Price Per A/P   Advance Payment Per Aircraft (Amts. Due/Mos.
Prior to Delivery):         ***
***   ***
***   ***
***   ***
*** ***   ***   ***   $***   $***   $***   $***   $*** ***   ***   ***   $***  
$***   $***   $***   $*** ***   ***   ***   $***   $***   $***   $***   $*** ***
  ***   ***   $***   $***   $***   $***   $*** ***   ***   ***   $***   $***  
$***   $***   $*** ***   ***   ***   $***   $***   $***   $***   $*** ***   ***
  ***   $***   $***   $***   $***   $*** ***   ***   ***   $***   $***   $***  
$***   $*** ***   ***   ***   $***   $***   $***   $***   $*** ***   ***   ***  
$***   $***   $***   $***   $*** Total:   ***            

 

APR 60652

UAL-PA-03784

 

Boeing / United Airlines, Inc. Proprietary

   SA-8, Page 2