Document

			
	SUPPLEMENTAL AGREEMENT NO. 13
	
	to
	
	Purchase Agreement No. 03729
	
	between
	
	THE BOEING COMPANY
	
	and
	
	SOUTHWEST AIRLINES CO.
	
	Relating to Boeing Model 737-8 and 737-7 Aircraft




THIS SUPPLEMENTAL AGREEMENT No. 13 (SA-13), entered into as of ____April 29________, 2021, is made between THE BOEING COMPANY, a Delaware corporation (Boeing), and SOUTHWEST AIRLINES CO., a Texas corporation (Customer).
			
	RECITALS:



WHEREAS, Customer and Boeing entered into Purchase Agreement Number PA-03729 dated December 13, 2011, as amended and supplemented, (Purchase Agreement) relating to the purchase and sale of Boeing Model 737-8 (737-8 Aircraft) and Model 737-7 aircraft (737-7 Aircraft); collectively the “Aircraft”.  This SA13 is an amendment to and is incorporated into the Purchase Agreement.  Capitalized terms used herein but not otherwise defined will have the meaning set forth in the Purchase Agreement;
WHEREAS, Boeing and Customer agree to the acceleration of eleven (11) 737-7 Aircraft in 2022 and revise the scheduled delivery stream as applicable;
WHEREAS, Boeing and Customer agree to the acceleration of two (2) Original Option Aircraft positions in 2022 and revise the scheduled delivery stream as applicable;
WHEREAS, Boeing and Customer agree to amend the Purchase Agreement to make certain changes to the Letter Agreements as a result of the respective changes in this Supplemental Agreement; and


WHEREAS, Boeing and Customer agree to execute an SA-14 to the Purchase Agreement, on or before June 30, 2021 to [***]




[***] = Certain identified information has been excluded from the exhibit because it is both not material and is of the type that the registrant treats as private or confidential.
									
	SWA-PA-03729	1
	SA-13
			
		BOEING PROPRIETARY	










NOW, THEREFORE, the parties agree that the Purchase Agreement is amended as set forth below and otherwise agree as follows:


1.TABLE OF CONTENTS.


The Table of Contents of the Purchase Agreement is deleted in its entirety and replaced with a new Table of Contents (attached), which lists the Tables, Exhibits, and Letter Agreements revised by this SA13 and is identified by “SA13”.  Such revised Table of Contents is incorporated into the Purchase Agreement by this reference.


2.TABLES.


Table 1B, Aircraft Delivery, Description, Price and Advance Payments – 737-7 Aircraft, is deleted in its entirety and replaced by a new Table 1B (identified by "SA-13") attached hereto and incorporated into the Purchase Agreement by this reference. 


3.LETTER AGREEMENTS.


Letter Agreement SWA-PA-03729-LA-1106474R3, Option Aircraft, and its Attachment 1 are deleted in their entirety and are replaced with the attached revised Letter Agreement SWA-PA-03729-LA-1106474R4 and its Attachment 1.


4.ADVANCE PAYMENT IMPACTS.


The acceleration of eleven (11) 737-7 Aircraft in 2022 [***] to align with the new delivery months. [***]






5.SA-13 PAYMENT.


[***] 
									
	SWA-PA-03729	2
	SA-13
			
		BOEING PROPRIETARY	





















The Purchase Agreement is deemed to be supplemented to the extent herein provided and as so supplemented will continue in full force and effect.




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


						
	THE BOEING COMPANY	SOUTHWEST AIRLINES CO.
		
	By: /s/ Carson J May
	By: /s/ Chris Monroe

		
	Name: Carson J. May
	Name: Chris Monroe

		
	Its: Attorney-In-Fact
	Its: SVP Finance and Treasurer



									
	SWA-PA-03729	3
	SA-13
			
		BOEING PROPRIETARY	











			
	TABLE OF CONTENTS


												
	ARTICLES	TITLES
	Article 1	Quantity, Model and Description	SA-2
	Article 2	Delivery Schedule	
	Article 3	Price	
	Article 4	Payment	SA-2
	Article 5	Additional Terms	
	TABLE	TITLE	
	1A	737-8 Aircraft Information Table	SA-12
	1B	737-7 Aircraft Information Table	SA-13
	EXHIBIT	
	A1	737-8 Aircraft Configuration	SA-11
	A2	737-7 Aircraft Configuration	SA-8
	A-3	737-8 Remarket Aircraft Configuration	SA-12
	B*	Aircraft Delivery Requirements and Responsibilities	
	B-1	Remarket Aircraft Technical	SA-12
		Acceptance and Delivery Requirements and Responsibilities	
	SUPPLEMENTAL EXHIBITS	TITLES
	AE1*	Escalation Adjustment/Airframe and Optional Features
	BFE1	BFE Variables for 737-8	SA-7
	BFE2	BFE Variables for 737-7	SA-8
	CS1	Customer Support Variables	
	CS1-7MAX	Customer Support Variables	SA-2
	EE1*	Engine Escalation/Engine Warranty and Patent Indemnity	
	SLP1*	Service Life Policy Components	








									
	SWA-PA-03729		SA-13
			Page 1

		BOEING PROPRIETARY	








									
	LETTER AGREEMENTS	TITLES
	SWA-PA-03729-LA-1106463R3	Open Matters	SA-8
	SWA-PA-03729-LA-1106464*	[***]
	SWA-PA-03729-LA-1106465*	[***]
	SWA-PA-03729-LA-1106466	[***]
	SWA-PA-03729-LA-1106467R2	[***]	SA-8
	SWA-PA-03729-LA-1106468*	[***]
	SWA-PA-03729-LA-1106469R1	[***]	SA-2
	SWA-PA-03729-LA-1106470R1	[***]	SA-2
	SWA-PA-03729-LA-1106471R2	Substitute Aircraft	SA-12
	SWA-PA-03729-LA-1106473R2	[***]	SA-12
	SWA-PA-03729-LA-1106474R4	Option Aircraft	SA-13
	SWA-PA-03729-LA-1106475R4	[***]	SA-12
	SWA-PA-03729-LA-1106476R2	[***]	SA-8
	SWA-PA-03729-LA-1106477*	[***]
	SWA-PA-03729-LA-1106478	[***]
	SWA-PA-03729-LA-1106479R1	[***]	SA-2
	SWA-PA-03729-LA-1106480R1	[***]	SA-2
	SWA-PA-03729-LA-1106481R2	[***]	SA-2
	SWA-PA-03729-LA-1106482*	[***]
	SWA-PA-03729-LA-1106483*	[***]
	SWA-PA-03729-LA-1106484R2	[***]	SA-12
	SWA-PA-03729-LA-1106485*	[***]


									
	SWA-PA-03729		SA-13
			Page 2

			
		BOEING PROPRIETARY	











									
	LETTER AGREEMENTS	TITLES	
	SWA-PA-03729-LA-1209080	[***]	SA-1
	SWA-PA-03729-LA-1210419	[***]	SA-1
	SWA-PA-03729-LA-1300943	[***]	SA-2
	SWA-PA-03729-LA-1301168R3	[***]	SA-6
	SWA-PA-03729-LA-1301170R3	[***]	SA-12
	SWA-PA-03729-LA-1400371	[***]	SA-7
	SWA-PA-03729-LA-1503792	Service Ready Operational Validation	SA-6
	SWA-PA-03729-LA-1500831	[***]	SA-7
	SWAPA03729LA1602486R1	[***]	SA-12
	SWAPA03729LA2100594	737-8 Remarket Production Aircraft	SA-12
	SWAPA03729LA2100700	737-8 Open Configuration Matters – Remarket Production Aircraft	SA-12
	SWA-PA-03729-LA-2100811	[***]	SA-12
	SWA-PA-03729-LA-2100812	[***]	SA-12
	SWA-PA-03729-LA-2100813	[***]	SA-12
	SWAPA03729LA2100814	[***]	SA-12
	SWAPA03729LA2100819	[***]	SA-12
	SWA-PA-03729-LA-2100825	[***]	SA-12
		
	SWA-PA-03729-LA-2100841	[***]	SA-12


									
	SWA-PA-03729		SA-13
			Page 3

		BOEING PROPRIETARY	











									
		
	LETTER AGREEMENTS	TITLES
	SWA-PA-03729-LA-2100984	[***]	SA-12


* Denotes revision to Page 1 or Page 2 only to reference 737-7 (SA-2) 
									
	SWA-PA-03729		SA-13
			Page 4

		BOEING PROPRIETARY	











INACTIVE / DELETED TABLES, EXHIBITS, AND LETTER AGREEMENTS


RESTRICTED LETTER AGREEMENTS 


												
	Letter Agreement	Title	Last Updated under SA	Current Status
	SWA-PA-03729-LA-1106472R1	[***]	SA-2	Deleted under SA-4
	SWA-PA-01810/03729-LA-1301169	[***]	SA-2	Deleted under SA-4








									
	SWA-PA-03729		SA-13
			Page 5

		BOEING PROPRIETARY	








			
	Table 1B To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-7 Aircraft








																					
	Airframe Model/MTOW:
	737-7
	177,000 pounds
	Detail Specification:
	D019A008SWA17P-1

	Engine Model/Thrust:
	CFMLEAP-1B27C
	26,400 pounds
	Airframe Price Base Year/Escalation  Formula:
	Jul-11
	ECI-MFG/CPI

	Airframe Price:
		[***]	Engine Price Base Year/Escalation  Formula:
	N/A	N/A
	Optional Features:
	    [***]
	
	Sub-Total of Airframe and Features:
	[***]	Airframe Escalation Data:

	Engine Price (Per Aircraft):


Aircraft Basic Price (Excluding BFE/S
	[***]


PE):      [***]
	Base Year Index (ECI):     [***]


Base Year Index (CPI):     [***]



Buyer Furnished Equipment (BFE) Estimat     [***]


Seller Purchased Equipment (SPE) Estimat     [***]


																																				
	



Delivery


Date*
	Original Delivery Date*
	



Number of


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

	

Serial


Number**
	

Escalation


Factor
	



Note
	At Signing


[***]
	24 Mos.


[***]
	21/18/12/9/6 Mos.


[***]
	Total


[***]

	Jan-22
	Apr-2019
	3
	[***]	42586, 42587, 42588
	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-22
	May-2019
	1
	[***]	42589
	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-22
	May-2019
	1
	[***]	42590
	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-22
	Aug-2019
	2
	[***]	42561, 42569
	[***]		[***]	[***]	[***]	[***]	[***]
	May-22
	Oct-2023
	1
	[***]	42614
	[***]		[***]	[***]	[***]	[***]	[***]
	May-22
	Feb-2024
	1
	[***]	42620
	[***]		[***]	[***]	[***]	[***]	[***]
	May-22
	Mar-2024
	1
	[***]	42621
	[***]		[***]	[***]	[***]	[***]	[***]
	May-22
	Apr-2024
	1
	[***]	42623
	[***]		[***]	[***]	[***]	[***]	[***]
	May-22
	May-2024
	1
	[***]	42627
	[***]		[***]	[***]	[***]	[***]	[***]
	May-22
	Jun-2024
	1
	[***]	42629
	[***]		[***]	[***]	[***]	[***]	[***]
	May-22
	Jul-2024
	1
	[***]	42631
	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-22
	Jan-2023
	1
	[***]	42591
	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-22
	Feb-2023
	1
	[***]	42592
	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-22
	Mar-2023
	1
	[***]	42595
	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-22
	Apr-2023
	1
	[***]	42598
	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-22
	May-2023
	1
	[***]	42600
	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-22
	Aug-2024
	1
	[***]	42632
	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-22
	Jun-2023
	1
	[***]	42602
	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-22
	Jul-2023
	1
	[***]	42603
	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-22
	Aug-2023
	1
	[***]	42604
	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-22
	Sep-2023
	1
	[***]	42609
	[***]		[***]	[***]	[***]	[***]	[***]


									
			SA-13
	SWA-PA-03729  107953-1F 116795-1F
	Boeing Proprietary
	Page 1









			
	Table 1B To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-7 Aircraft








																																				
	

Delivery


Date*
	Original Delivery Date*
	

Number of


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

	

Serial


Number**
	

Escalation


Factor
	



Note
	At Signing


[***]
	24 Mos.


[***]
	21/18/12/9/6 Mos.


[***]
	Total


[***]

	Jul-22
	Sep-2024
	1
	[***]	42635
	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-22
	Oct-2024
	1
	[***]	42638
	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-22
	Nov-2024
	1
	[***]	42642
	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-22
	Nov-2023
	1
	[***]	42613
	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-22
	Dec-2023
	1
	[***]	42616
	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-22
	Jan-2024
	1
	[***]	42618
	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2023
	Jul-21
	2
	[***]	42657, 42671
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2023
	Mar-22
	2
	[***]	42679, 42678
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2023
	Apr-22
	1
	[***]	42688
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2023
	Apr-22
	2
	[***]	42681, 42680
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2023
	May-22
	1
	[***]	42684
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2023
	May-22
	2
	[***]	42683, 42682
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2023
	Jun-22
	1
	[***]	42687
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	May-2023
	Jun-22
	2
	[***]	42686, 42685
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	May-2023
	Jul-22
	1
	[***]	42690
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jun-2023
	Jul-22
	1
	[***]	42689
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jun-2023
	Aug-22
	1
	[***]	42693
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jul-2023
	Aug-22
	1
	[***]	42695
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jul-2023
	Jan-23
	1
	[***]	42565
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2023
	Jan-23
	1
	[***]	42560
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2023
	Feb-23
	2
	[***]	42562, 42564
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2023
	Mar-23
	1
	[***]	42557
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2023
	Apr-23
	1
	[***]	42555
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2023
	May-23
	2
	[***]	42594, 42568
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2023
	Jun-23
	1
	[***]	42581
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2023
	Jul-23
	2
	[***]	42582, 42597
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Dec-2023
	Aug-23
	1
	[***]	42593
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Dec-2023
	Sep-23
	1
	[***]	42578
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jan-2024
	Sep-23
	1
	[***]	42601
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jan-2024




	Oct-23
	1
	[***]	42605
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2024
	Dec-23
	1
	[***]	42583
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]


									
			SA-13
	SWA-PA-03729  107953-1F 116795-1F
	Boeing Proprietary
	Page 2









			
	Table 1B To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-7 Aircraft








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

	Serial
Number**
	Escalation
Factor
	Note
	At Signing
[***]
	24 Mos.
[***]
	21/18/12/9/6 Mos.
[***]
	Total
[***]

	Feb-2024
	Jan-24
	2
	[***]	42584, 42585
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	
	Mar-2024
	Jan-24
	1
	[***]	42611
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2024
	Feb-24
	2
	[***]	42596, 42599
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2024
	Feb-24
	1
	[***]	42612
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2024
	Apr-24
	2
	[***]	42606, 42617
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	May-2024
	May-24
	3
	[***]	42608, 42619, 42622
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jun-2024
	Jun-24
	1
	[***]	42610
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jun-2024
	Aug-24
	1
	[***]	42626
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jul-2024
	Aug-24
	1
	[***]	42624
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jul-2024
	Sep-24
	1
	[***]	42630
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2024
	Oct-24
	2
	[***]	42625, 42636
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2024
	Nov-24
	1
	[***]	42639
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2024
	Dec-24
	2
	[***]	42640, 42628
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2024
	Feb-25
	1
	[***]	42643
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2024
	Mar-25
	2
	[***]	42645, 42644
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2024
	Apr-25
	2
	[***]	42659, 42660
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Dec-2024
	May-25
	1
	[***]	42663
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Dec-2024
	Jun-25
	1
	[***]	42667
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jan-2025
	Jul-25
	1
	[***]	42668
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jan-2025
	Aug-25
	1
	[***]	42675
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2025
	Sep-25
	2
	[***]	42677, 42676
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2025
	Oct-25
	1
	[***]	42692
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2025
	Oct-25
	1
	[***]	42696
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2025
	Nov-25
	2
	[***]	42698, 42700
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2025
	Dec-25
	2
	[***]	42702, 42701
	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2025
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	May-2025
		3
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2025
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2025
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2025
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2025
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]


									
			SA-13
	SWA-PA-03729  107953-1F 116795-1F
	Boeing Proprietary
	Page 3









			
	Table 1B To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-7 Aircraft








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

	Serial
Number**
	Escalation
Factor
	Note
	At Signing
[***]
	24 Mos.
[***]
	21/18/12/9/6 Mos.
[***]
	Total
[***]

	Oct-2025
		3
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2025
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2025
		3
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2026
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2026
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2026
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2026
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	May-2026
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2026
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2026
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2026
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2026
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2026
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2026
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2026
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2027
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2027
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2027
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2027
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	May-2027
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2027
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2027
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2027
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2027
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2027
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2027
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2027
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2028
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2028
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2028
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2028
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]


									
			SA-13
	SWA-PA-03729  107953-1F 116795-1F
	Boeing Proprietary
	Page 4









			
	Table 1B To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-7 Aircraft








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

	At Signing [***]
	24 Mos. [***]
	21/18/12/9/6 Mos. [***]
	Total   [***]

	May-2028
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2028
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2028
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2028
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2028
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2028
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2028
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2028
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2029
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2029
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2029
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2029
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	May-2029
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2029
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2029
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2029
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2029
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2029
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2029
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2029
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2030
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2030
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2030
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2030
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	May-2030
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2030
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2030
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2030
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2030
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2030
		2
	[***]		[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2030
		1
	[***]		[***]		[***]	[***]	[***]	[***]	[***]


									
			SA-13
	SWA-PA-03729  107953-1F 116795-1F
	Boeing Proprietary
	Page 5









			
	Table 1B To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-7 Aircraft








																																				
	



Delivery


Date*
	Original Delivery Date*
	



Number of


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

	

Serial


Number**
	

Escalation


Factor
	



Note
	At Signing


[***]
	24 Mos.


[***]
	21/18/12/9/6 Mos.


[***]
	Total


[***]

	Dec-2030
		1
	[***]		[***]
		[***]	[***]	[***]	[***]	[***]




						
	Total: 
	200












* [***]
**  Manufacturer Serial Numbers (MSN) are for reference only and are subject to change.
*** [***]
Notes:
(1) [***]


									
			SA-13
	SWA-PA-03729  107953-1F 116795-1F
	Boeing Proprietary
	Page 6









						
	
	

The Boeing Company
P.O. Box 3707
Seattle, WA  981242207






SWAPA03729LA1106474R4
Southwest Airlines Co.
2702 Love Field Drive
P.O. Box 36611
Dallas, Texas 75235-1611
Subject:    Option Aircraft
Reference:    Purchase Agreement No. PA03729 (Purchase Agreement) between The Boeing Company (Boeing) and Southwest Airlines Co. (Customer) relating to Model 7378 aircraft and Model 737-7 aircraft
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement.  All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement.
1.Right to Purchase Option Aircraft.
Subject to the terms and conditions contained in this Letter Agreement, in addition to the Aircraft described in Table 1 to the Purchase Agreement as of the date of execution of this Letter Agreement, Customer will have the option to purchase additional Boeing Model 7378 aircraft as option aircraft (Option Aircraft).
2.Delivery.
The number of Option Aircraft and delivery dates are listed in the Attachment 1-A and 1-B (collectively Attachment 1) to this Letter Agreement.  The Attachment 1-A Aircraft are the Original Option Aircraft (Original Option Aircraft) and the Attachment 1-B Aircraft are the 2020 Option Aircraft (2020 Option Aircraft).
3.Configuration. 
3.1         Subject to the provisions of Article 0, below, the configuration for the Option Aircraft will be the Detail Specification for Boeing Model 7378 aircraft at the revision level in effect at the time of Definitive Agreement (as defined in Article 8).  Such Detail Specification will be revised to include (i) changes applicable to the Detail Specification that are developed by Boeing between the Option Exercise Date (as defined below) and the signing of the Definitive Agreement, (ii) changes required to obtain required regulatory certificates, and (iii) other changes as mutually agreed.
						
	SWA-PA-03729-LA-1106474R4
	SA-13
	Option Aircraft	Page 1

	BOEING PROPRIETARY









			
	






3.2    Boeing reserves the right to configure the Option Aircraft starting from a different configuration specification, provided that it can achieve the same configuration which would result pursuant to the provisions of Article 3.1.
4.    [***]














5.    [***] 










6.    [***]










						
	SWA-PA-03729-LA-1106474R4
	SA-13
	Option Aircraft	Page 2

	BOEING PROPRIETARY


    









			
	






7.    [***]






8.    [***]










9.Assignment.
Notwithstanding any other provisions of the Purchase Agreement, the rights and obligations described in this Letter Agreement are provided to Customer in consideration of Customer’s becoming the operator of the Option Aircraft and cannot be assigned in whole or in part.
10.Confidentiality
Customer understands that certain commercial and financial information contained in this Letter Agreement is considered by Boeing as confidential and has value precisely because it is not available generally to other parties.  Customer agrees to limit the disclosure of the contents of this Letter Agreement to (a) its directors and officers, (b) employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this Article) without the prior written consent of Boeing and (c) any auditors and attorneys of Customer who have a need to know such information and have signed a confidentiality agreement in the same form and substance similar to this Article, or are otherwise bound by a confidentiality obligation. Disclosure to other parties is not permitted without Boeing’s consent except as may be required by applicable law or governmental regulations. Customer shall be fully responsible to Boeing for compliance with such obligations.
						
	SWA-PA-03729-LA-1106474R4
	SA-13
	Option Aircraft	Page 3

	BOEING PROPRIETARY


    









			
	








Very truly yours,
									
	THE BOEING COMPANY
	By	/s/ Carson J May
	Name	Carson J. May
	Its	Attorney-In-Fact
			
	ACCEPTED AND AGREED TO this
	Date:	April 29                     , 2021
			
	SOUTHWEST AIRLINES CO.
	By	

/s/ Chris Monroe

	Name	

Chris Monroe

	Its	SVP Finance and Treasurer




						
	SWA-PA-03729-LA-1106474R4
	SA-13
	Option Aircraft	Page 4

	BOEING PROPRIETARY


    








			
	Attachment 1-A To

	Letter Agreement No. 1106474

	Aircraft Delivery, Description, Price and Advance Payments








																		
	Airframe Model/MTOW:                                          737-8
	181,200 pounds 
		Detail Specification: 
	D019A008-S  (5/1/2017)
	
	Engine Model/Thrust:                                      CFMLEAP-1B28(1)
	28,800 pounds 
		Airframe Price Base Year/Escalation Formula: 
	Jul-11
	ECI-MFG/CPI

						
	Airframe Price: 
	[***]		Engine Price Base Year/Escalation Formula:
	N/A	N/A
						
	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: 
	[***]				
						
						
	Non-Refundable Deposit/Aircraft at Def Agreement 
	[***]				

																																	
	



Delivery


Date
	



Number of


Aircraft
	Escalation Factor (Airframe)
	Option Exercise Date Deadline
	





Note
	





MSN
	Escalation Estimate Adv Payment Base Price Per A/P
	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

	At Signing
[***]
	24 Mos.
[***]
	21/18/12/9/6  Mos.
[***]
	Total
[***]

	Mar-2022
	5
	[***]	[***]	Remarket Aircraft**
	67206, 67205, 67207, 67208, 67209
	[***]	[***]	[***]	[***]	[***]
	Apr-2022
	5
	[***]	[***]	Remarket Aircraft**
	67210, 67211, 67212, 67213, 67214
	[***]	[***]	[***]	[***]	[***]
	Apr-2022
	2
	[***]	[***]	Remarket Aircraft**
	67216, 67215
	[***]	[***]	[***]	[***]	[***]
	May-2022
	1
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	May-2022
	2
	[***]	[***]	Remarket Aircraft**
	67218, 67217
	[***]	[***]	[***]	[***]	[***]
	Jun-2022
	3
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	3
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Aug-2022
	3
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Sep-2022
	1
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Sep-2022
	2
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Oct-2022
	1
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Oct-2022
	3
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Nov-2022
	3
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Nov-2022
	3
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Dec-2022
	3
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Dec-2022
	2
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2023
	2
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jan-2023
	1
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2023






	3
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Mar-2023
	2
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Mar-2023
	1
	[***]	[***]			[***]	[***]	[***]	[***]	[***]


									
			SA-13
	WA-PA-03729-LA-1106474  107813  116801-1F.txt
	Boeing Proprietary
	Page 1









			
	Attachment 1-A To

	Letter Agreement No. 1106474

	Aircraft Delivery, Description, Price and Advance Payments












																																	
	



Delivery


Date
	



Number of


Aircraft
	Escalation Factor (Airframe)
	Option Exercise Date Deadline
	





Note
	





MSN
	Escalation Estimate Adv Payment Base Price Per A/P
	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

	At Signing
[***]
	24 Mos.
[***]
	21/18/12/9/6  Mos.
[***]
	Total
[***]

	Apr-2023
	2
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	May-2023
	3
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jun-2023
	2
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2023
	3
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2023
	2
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Aug-2023
	2
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Sep-2023
	2
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Sep-2023
	2
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Oct-2023
	3
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Nov-2023
	2
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Nov-2023
	2
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Dec-2023
	2
	[***]	[***]	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Dec-2023
	2
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2024
	3
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2024
	3
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2024
	4
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2024
	4
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	May-2024
	3
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jun-2024
	2
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jun-2024
	1
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2025
	3
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2025
	3
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2025
	4
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2025
	4
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	May-2025
	1
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	May-2025
	3
	[***]	[***]	Previously Earned
	***	[***]	[***]	[***]	[***]	[***]
	Jun-2025
	2
	[***]	[***]	Previously Earned
	***	[***]	[***]	[***]	[***]	[***]


Total:     120




* [***]
**  [***]
*** [***]


Note:
									
			SA-13
	WA-PA-03729-LA-1106474  107813  116801-1F.txt
	Boeing Proprietary
	Page 2









			
	Attachment 1-A To

	Letter Agreement No. 1106474

	Aircraft Delivery, Description, Price and Advance Payments












																																	
	



Delivery


Date
	



Number of


Aircraft
	Escalation Factor (Airframe)
	Option Exercise Date Deadline
	





Note
	





MSN
	Escalation Estimate Adv Payment Base Price Per A/P
	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

	At Signing
[***]
	24 Mos.
[***]
	21/18/12/9/6  Mos.
[***]
	Total
[***]





(1) [***]
									
			SA-13
	WA-PA-03729-LA-1106474  107813  116801-1F.txt
	Boeing Proprietary
	Page 3