EX-4.10.5



 Exhibit 4.10.5 

SUPPLEMENTAL AGREEMENT NO. 5 

to 
 Purchase Agreement
No. 3075 
 between 

THE BOEING COMPANY 
 and

 AEROVIAS DEL CONTINENTE AMERICANO S.A. AVIANCA 

Relating to Boeing Model 787-859 Aircraft 

THIS SUPPLEMENTAL AGREEMENT, is entered into as of the 15th day of April
2014, by and between THE BOEING COMPANY, a Delaware corporation with its principal offices in the City of Seattle, State of Washington, USA (Boeing), and Aerovias del Continente Americano S.A. AVIANCA, a company organized under the laws of the
country of Colombia (Buyer); 
 Recitals 

1)        Boeing and Buyer entered into Purchase Agreement No. 3075, dated 03 October 2006,
as amended and supplemented (the Agreement) relating to the purchase and sale of Boeing Model 787-859 aircraft (Aircraft). 

2)        Pursuant to paragraph 2 of Letter Agreement 3075-01 to the Agreement entitled “Model
787 Open Configuration Matters”, Boeing is incorporating the Customer Configuration into the Agreement. 
 Agreement 

The parties agree to amend the Agreement as follows: 

 

	 	1.	Table of Contents. 

 Remove and replace the Table of Contents with a new
Table of Contents (attached) to reflect the incorporation of this Supplemental Agreement No. 5 (SA-5) into the Purchase Agreement. 

  

			
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	 	2.	Exhibit A 

 Add Exhibit A to reflect the incorporation of Customer
Changes to the Agreement. 
  

	 	3.	Pricing Tables 

 Remove and replace Appendices B, C and D with new
Appendices B, C and D (respectively Table 1-1, Table 1-2 and Table 1-3) that include revised escalation forecasts to reflect the incorporation of the Customer Configuration Changes to the Aircraft Basic Price. For the purposes of this SA-05,
Pre-Delivery Payments (PDP) will remain in accordance with the Advanced Payment Base Price (APBP) found of Tables in 1-1, 1-2 and 1-3 of Supplemental Agreement 04 (SA-04). 

The Purchase Agreement, Exhibits and Letter Agreements shall be deemed amended to the extent herein provided and as so amended
shall continue in full force and effect. In the event of any inconsistency between the above provisions and those provisions contained in the Purchase Agreement, the terms of this Supplemental Agreement will govern and control. 

 

					
			  
		

  

							
	EXECUTED IN DUPLICATE as of the date written above,		
		
	THE BOEING COMPANY		
			
	  By:		 /s/ Kelli Bartlett
		
			
	  Its		Attorney-In-Fact		
		
	AEROVIAS DEL CONTINENTE AMERICANO S.A. AVIANCA		
			
	  By:		 /s/ Elisa Murgas
		
			
	  Its		Secretary General Officer		


  

			
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 TABLE OF CONTENTS 
  

					
	 		 		SA
	 ARTICLES
				NUMBER
			
	         1.
		Quantity, Model and Description		
	         2.
		Delivery Schedule		
	         3.
		Price		
	         4.
		Payment		
	         5.
		Miscellaneous		
			
	 TABLE
				
			
	      1-1		Aircraft Information Table		        SA-5
	      1-2		Aircraft Information Table		        SA-5
	      1-3		Aircraft Information Table		        SA-5
			
	EXHIBIT				
			
	      A.		Aircraft Configuration		        SA-5
			
	      B.		Aircraft Delivery Requirements and Responsibilities		
		
	SUPPLEMENTAL EXHIBITS		
			
	      AE1.		Escalation Adjustment/Airframe and Optional Features		
			
	      BFE1		Buyer Furnished Equipment Variables		        SA-3
			
	      CS1.		Buyer Support Document		
			
	      EE1.		Engine Escalation/Engine Warranty and Patent Indemnity		        SA-2
			
	      SLP1.		Service Life Policy Components		


  

			
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SA-5
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	LETTER AGREEMENTS				    SA
					NUMBER
			
	 3075-01
		787 Open Configuration Matters		
	 3075-02
		787 Spare Parts Commitment		
	 3075-03
		787 Spare Parts Initial Provisioning		
	 3075-04
		Aircraft Model Substitution		
	 3075-05
		Demonstration Flight Waiver		
	 3075-06
		Schedule Reliability		
	 3075-07
		Spare Parts – Flight Crew Training		
			
	 6-1162-DME-0895
		AD Cost Materials		
	 6-1162-DME-0896
		Performance Guarantees and Attachments		
			
	 6-1162-DME-0897
		Alternate Engine Selection		      SA-2
	 6-1162-DME-0898
		GEnx Performance Retention and Attachment		      SA-2
	 6-1162-DME-0899
		Trent Performance Retention and Attachment		
	 6-1162-DME-0900
		Maintenance Cost Guarantees and Attachment		
	 6-1162-DME-0901R2
		Advance Payment Matters and Attachments A & B		      SA-3
	 6-1162-DME-0902
		Promotional Support		      SA-1
	 6-1162-DME-0903R2
		Purchase Rights		      SA-3
	 6-1162-DME-0904
		Special Matters		
	 6-1162-DME-0905R1
		Escalation Risk Control Facility and AttachmentsA & B		      SA-3
	 6-1162-DME-0905-01
		Fixed Escalation factors 		      SA-3
	 6-1162-DME-0905-02 
		Process for Fixing Escalation Factors 		      SA-3
	 6-1162-DME-0906R1
		Customer Services Matters and Attachment		      SA-2
	 6-1162-DME-0907
		AGTA Matters		
	 6-1162-DME-1089-R1 
		Banded Fixed Escalation Program 		      SA-3
	 6-1167-DME-1347
		Additional Special Matters – Scheduled Month Aircraft		      SA-3

 RECORD OF SUPPLEMENTAL AGREEMENTS 

 

					
	 SA-1
		28 March		2007
	 SA-2
		21 November		2007
	 SA-3
		26 September		2012
	 SA-4
		11 January		2013
	 SA-5
		                    		2014


  

			
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 Appendix B 

Supplemental Agreement SA-5 

Table 1-1 to Purchase Agreement No. 3075 

Aircraft Delivery, Description, Price and Advance Payments 
  

															
	Airframe Model/MTOW:		787-8				    ***    				Detail Specification:
                787B1-4102-J (5/17/2013)
				 			 	 
	Engine Model/Thrust:		TRENT ***				    ***    				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 estimates below):						***				Base Year Index (CPI):		***		
		 		  		 	  
	 		  		  		 	
								
	Buyer Furnished Equipment (BFE) Estimate:						***				Engine Escalation Data:				
							 	
	In-Flight Entertainment (IFE) Estimate:						***				Base Year Index (ECI):		***		
							 	
											Base Year Index (CPI):		***		

  

																			
	  		  		Escalation		  Escalation  		  		Escalation Estimate		Advance Payment Per Aircraft (Amts. Due/Mos. 
Prior to Delivery):
	Delivery		  Number of  		Factor		Factor		  		Adv Payment Base		***		***		***		***
	Date		Aircraft		  (Airframe)  		(Engine)		  		Price Per A/P		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***
	 Total:
		10																

 Boeing Proprietary 







 Appendix C 

Supplemental Agreement No. SA-5 

Table 1-2 to Purchase Agreement 3075 

Aircraft Delivery, Description, Price and Advance Payments 
  

															
	Airframe Model/MTOW:		787-8				    ***    				Detail Specification:
                787B1-4102-J (5/17/2013)
				 			 	 
	Engine Model/Thrust:		TRENT ***				    ***    				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 estimates below):						***				Base Year Index (CPI):		***		
		 		  		 	  
	 		  		  		 	
								
	Buyer Furnished Equipment (BFE) Estimate:						***				Engine Escalation Data:				
							 	
	In-Flight Entertainment (IFE) Estimate:						***				Base Year Index (ECI):		***		
							 	
											Base Year Index (CPI):		***		

  

																			
	  		  		Escalation		  Escalation  		  		Escalation Estimate  		Advance Payment Per Aircraft (Amts. Due/Mos. 
Prior to Delivery):
	Delivery		Number of		Factor		Factor		 		Adv Payment Base		***		***		***		***
	Date		Aircraft		  (Airframe)  		(Engine)		  		Price Per A/P		***		***		***		***
	 ***
		1		***		***		                		***		***		***		***		***
	 ***
		1		***		***		 		***		***		***		***		***
	 Total:
		2																

 Boeing Proprietary 







 Appendix D 

Supplemental Agreement SA-5 

Table 1-3 to Purchase Agreement 3075 

Aircraft Delivery, Description, Price and Advance Payments 
  

															
	Airframe Model/MTOW:	 	787-8	  		 	    ***    	 		  	Detail Specification:
                787B1-4102-J (5/17/2013)
				 			 	 
	Engine Model/Thrust:	 	TRENT ***	  		 	    ***    	 		  	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 estimates below):						***				Base Year Index (CPI):		***		
		 		  		 	  
	 		  		  		 	
								
	Buyer Furnished Equipment (BFE) Estimate:						***				Engine Escalation Data:				
							 	
	In-Flight Entertainment (IFE) Estimate:						***				Base Year Index (ECI):		***		
							 	
											Base Year Index (CPI):		***		

  

																			
	  		  		Escalation		  Escalation  		  		  Escalation Estimate  		Advance Payment Per Aircraft (Amts. Due/Mos. 
Prior to Delivery):
	Delivery		Number of  		Factor		Factor		 		Adv Payment Base		***		***		***		***
	Date		Aircraft  		  (Airframe)  		(Engine)		  		Price Per A/P		***		***		***		***
	
***
		1		***		***		 		***		***		***		***		***  
	
***
		1		***		***		                		***		***		***		***		***  
	
***
		1		***		***		 		***		***		***		***		***  
	 Total:

 
		 3
  
																
	***	  		  		  		  		  		  		  		  		  	
	***	  		  		  		  		  		  		  		  		  	

 Boeing Proprietary