Document

			
	SUPPLEMENTAL AGREEMENT NO. 14
	
	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. 14 (SA-14), entered into as of May 28, 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 SA14 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 thirty-two (32) Option Aircraft positions into 2022, thirty-two (32) Option Aircraft positions into 2023, and thirty-two (32) Option Aircraft positions into 2024-2025, and revise the scheduled delivery stream as applicable;
    WHEREAS, Customer requests and Boeing agrees to the exercise of thirty-four (34) Option Aircraft, thirty-two (32) of which were accelerated above, for delivery in 2022 and the substitution of those thirty-four (34) Option Aircraft from 737-8 Aircraft into 737-7 Aircraft;  


    WHEREAS, Customer requests and Boeing agrees to provide thirty-two (32) additional Option Aircraft positions in 2026-2027; 


    WHEREAS, Boeing and Customer agree to include revisions to forecasted Aircraft escalation factors on all Tables and Attachments 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.


[***] = 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-14
		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 SA14 and is identified by “SA14”.  Such revised Table of Contents is incorporated into the Purchase Agreement by this reference.


2.TABLES.


Table 1A, Aircraft Delivery, Description, Price and Advance Payments – 737-8 Aircraft, is deleted in its entirety and replaced by a new Table 1A (identified by "SA-14") attached hereto and incorporated into the Purchase Agreement by this reference. 


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-14") attached hereto and incorporated into the Purchase Agreement by this reference. 


3.LETTER AGREEMENTS.


 3.1. Letter Agreement SWA-PA-03729-LA-1106474R4, Option Aircraft Letter Agreement, and its Attachment 1 are deleted in their entirety and are replaced with the attached revised Letter Agreement SWA-PA-03729-LA-1106474R5 and its Attachment 1.


3.2. Letter Agreement SWA-PA-03729-LA-1106475R4, [***]                                     is deleted in its entirety and is replaced with the attached revised Letter Agreement SWA-PA-03729-LA-1106475R5.


4.SA-14 PAYMENT.


4.1. Due to the exercising of thirty-four (34) Option Aircraft, and subsequent substitution of such thirty-four (34) Option Aircraft from 737-8 Aircraft to 737-7 Aircraft, Customer [***] 


4.2. Due to the request for (32) additional Option Aircraft positions, Customer [***]


4.3. Due to the revision of escalation forecast factors [***]






									
	SWA-PA-03729	2
	SA-14
		BOEING PROPRIETARY	


















4.4. Due to the revision to escalation forecast factors [***]






4.5. Due to the revision to escalation forecast factors [***] 










4.6. [***]






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-14
		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-14
	1B	737-7 Aircraft Information Table	SA-14
	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-14
			 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-1106474R5	Option Aircraft	SA-14
	SWA-PA-03729-LA-1106475R5	[***]	SA-14
	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-14
			 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
	SWA-PA-03729-LA-1602486R1	[***]	SA-12
	SWA-PA-03729-LA-2100594	737-8 Remarket Production Aircraft	SA-12
	SWA-PA-03729-LA-2100700	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
	SWA-PA-03729-LA-2100814	[***]	SA-12
	SWA-PA-03729-LA-2100819	[***]	SA-12
	SWA-PA-03729-LA-2100825	[***]	SA-12
		
	SWA-PA-03729-LA-2100841	[***]	SA-12
		
		


									
	SWA-PA-03729		SA-14
			 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-14
			 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-14
			 Page 5

		BOEING PROPRIETARY	








			
	Table 1A To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-8 Aircraft








															
	Airframe Model/MTOW:     737-8
Engine Model/Thrust:     CFMLEAP-1B28(2)
	181,200 pounds
28,800 pounds
	Detail Specification:
Airframe Price Base Year/Escalation  Formula:
	D019A008-P (5/1/2017) Jul-11
	

Non-Standard

	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:
	[***]
			






																																										
	

Delivery
Date*
	Original
Delivery
Date*
	

Number of
Aircraft
	Escalation
Factor
(Airframe)
	Manufacturer
Serial
Number**
	

Escalation
Factor
	

[***]
	

Aircraft
Block
	





Notes
	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
[***]

	Jul-2017
	Jul-2017
	1
	[***]	36929†
	[***]		A
	Note 1
	[***]	[***]	[***]	[***]	[***]
	Jul-2017
	Jul-2017
	2
	[***]	42558†, 42559†
	[***]		C
	Note 1
	[***]	[***]	[***]	[***]	[***]
	Aug-2017
	Aug-2017
	3
	[***]	36979, 36930, 36984
	[***]		A
	Note 1
	[***]	[***]	[***]	[***]	[***]
	Aug-2017
	Aug-2017
	1
	[***]	42567
	[***]		C
	Note 1
	[***]	[***]	[***]	[***]	[***]
	Aug-2017
	Aug-2017
	2
	[***]	42563, 42566†
	[***]		C
	Note 1
	[***]	[***]	[***]	[***]	[***]
	Sep-2017
	Sep-2017
	1
	[***]	36934
	[***]		A
	Note 1
	[***]	[***]	[***]	[***]	[***]
	Oct-2017
	Oct-2017
	1
	[***]	42544
	[***]		A
		[***]	[***]	[***]	[***]	[***]
	Oct-2017
	Oct-2017
	1
	[***]	42570
	[***]		C
		[***]	[***]	[***]	[***]	[***]
	Nov-2017
	Nov-2017
	1
	[***]	36988†
	[***]		A
		[***]	[***]	[***]	[***]	[***]
	Dec-2017
	Dec-2017
	1
	[***]	42554†
	[***]		C
		[***]	[***]	[***]	[***]	[***]
	Mar-2018
	Mar-2018
	1
	[***]	36989†
	[***]		A
		[***]	[***]	[***]	[***]	[***]
	Mar-2018
	Mar-2018
	1
	[***]	42571
	[***]		C
		[***]	[***]	[***]	[***]	[***]
	Apr-2018
	Apr-2018
	1
	[***]	42546
	[***]		A
		[***]	[***]	[***]	[***]	[***]
	Jun-2018
	Jun-2018
	1
	[***]	42572
	[***]		C
		[***]	[***]	[***]	[***]	[***]
	Jun-2018
	Jun-2018
	1
	[***]	42547
	[***]		A
		[***]	[***]	[***]	[***]	[***]
	Aug-2018
	Aug-2018
	3
	[***]	42548, 37019, 42549
	[***]		A
		[***]	[***]	[***]	[***]	[***]
	Aug-2018
	Aug-2018
	1
	[***]	42574
	[***]				[***]	[***]	[***]	[***]	[***]
	Aug-2018
	Aug-2018
	1
	[***]	42575
	[***]				[***]	[***]	[***]	[***]	[***]
	Sep-2018
	Sep-2018
	2
	[***]	42573, 42576
	[***]				[***]	[***]	[***]	[***]	[***]
	Dec-2018
	Dec-2018
	1
	[***]	42577
	[***]				[***]	[***]	[***]	[***]	[***]
	Dec-2018
	Dec-2018
	4
	[***]	37042, 42550, 42551, 37043
	[***]		A
		[***]	[***]	[***]	[***]	[***]
	Feb-2021
	Jul-2019
	1
	[***]	42633
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2021
	Jul-2019
	2
	[***]	65437, 65436
	[***]	[***]	E OPEX
		[***]	[***]	[***]	[***]	[***]
	Feb-2021
	Aug-2019
	1
	[***]	42634
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2021
	Dec-2019
	1
	[***]	36722
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Feb-2021
	Dec-2019
	1
	[***]	42537
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Mar-2021
	Aug-2019
	1
	[***]	42641
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2021
	Sep-2019
	1
	[***]	65471
	[***]	[***]	E OPEX
		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 107813 / 108732 /117027	Boeing Proprietary	Page 1









			
	Table 1A To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-8 Aircraft








																																										
	

Delivery
Date*
	Original
Delivery
Date*
	

Number of
Aircraft
	Escalation
Factor
(Airframe)
	Manufacturer
Serial
Number**
	

Escalation
Factor
	

[***]
	

Aircraft
Block
	





Notes
	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-2021
	Nov-2019
	1
	[***]	42536
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Mar-2021
	Aug-2019
	1
	[***]	42637
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2021
	Sep-2019
	1
	[***]	65438
	[***]	[***]	E OPEX
		[***]	[***]	[***]	[***]	[***]
	Apr-2021
	Oct-2019
	2
	[***]	42646, 42662
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2021
	Oct-2019
	2
	[***]	42647, 42661
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2021
	Oct-2019
	1
	[***]	65439
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Mar-2021
	Oct-2019
	1
	[***]	65440
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Apr-2021
	Nov-2019
	1
	[***]	42664
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2021
	Nov-2019
	1
	[***]	65473
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Jan-2026
	Dec-2019
	1
	[***]	42666
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2026
	Feb-2020
	1
	[***]	36727
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Feb-2026
	Mar-2020
	1
	[***]	42580
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2026
	Mar-2020
	1
	[***]	42579
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2026
	Apr-2020
	1
	[***]	42539
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Apr-2026
	Apr-2020
	1
	[***]	65441
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Jun-2026
	May-2020
	1
	[***]	42669
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jul-2026
	May-2020
	1
	[***]	42553
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	May-2026
	May-2020
	1
	[***]	35970
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Aug-2026
	Jun-2020
	1
	[***]	42607
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Sep-2026
	Jun-2020
	1
	[***]	65442
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Nov-2026
	Jul-2020
	1
	[***]	42665
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Oct-2026
	Jul-2020
	1
	[***]	42540
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Nov-2026
	Jul-2020
	1
	[***]	65443
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Dec-2026
	Jul-2020
	1
	[***]	65444
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Feb-2027
	Aug-2020
	1
	[***]	42672
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2027
	Aug-2020
	1
	[***]	42673
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2027
	Aug-2020
	1
	[***]	42541
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Mar-2027
	Aug-2020
	1
	[***]	65445
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Apr-2027
	Aug-2020
	1
	[***]	65446
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	May-2027
	Sep-2020
	1
	[***]	42674
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jun-2027
	Sep-2020
	1
	[***]	42691
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jul-2027
	Sep-2020
	1
	[***]	42694
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2027
	Sep-2020
	1
	[***]	33941
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Aug-2027
	Sep-2020
	1
	[***]	65472
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Sep-2027
	Sep-2020
	1
	[***]	65447
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Oct-2027
	Sep-2020
	1
	[***]	65448
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Nov-2027
	Oct-2020
	1
	[***]	42615
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Nov-2027
	Oct-2020
	1
	[***]	42543
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Dec-2027
	Oct-2020
	1
	[***]	65474
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 107813 / 108732 /117027	Boeing Proprietary	Page 2









			
	Table 1A To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-8 Aircraft








																																										
	

Delivery
Date*
	Original
Delivery
Date*
	

Number of
Aircraft
	Escalation
Factor
(Airframe)
	Manufacturer
Serial
Number**
	

Escalation
Factor
	

[***]
	

Aircraft
Block
	





Notes
	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
[***]

	Feb-2028
	Nov-2020
	1
	[***]	42697
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2028
	Nov-2020
	1
	[***]	42699
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2028
	Nov-2020
	1
	[***]	36733
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Mar-2028
	Nov-2020
	1
	[***]	65475
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Apr-2028
	Dec-2020
	1
	[***]	42703
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2028
	Dec-2020
	1
	[***]	33940
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	May-2028
	Jan-2021
	1
	[***]	35974
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Jun-2028
	Jan-2021
	1
	[***]	65450
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Jul-2028
	Jan-2021
	1
	[***]	65449
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Sep-2028
	Feb-2021
	1
	[***]	65451
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Aug-2028
	Feb-2021
	1
	[***]	65835
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Oct-2028
	Mar-2021
	1
	[***]	42648
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Nov-2028
	Mar-2021
	1
	[***]	65452
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Nov-2028
	Apr-2021
	1
	[***]	42650
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Dec-2028
	Apr-2021
	1
	[***]	42651
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2029
	Apr-2021
	1
	[***]	42649
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2029
	Apr-2021
	1
	[***]	65454
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Feb-2029
	Apr-2021
	1
	[***]	65453
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Feb-2029
	May-2021
	1
	[***]	42652
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2029
	May-2021
	1
	[***]	42653
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2029
	May-2021
	1
	[***]	42654
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2029
	May-2021
	1
	[***]	65455
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Mar-2029
	May-2021
	1
	[***]	65456
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Apr-2029
	Jun-2021
	1
	[***]	42655
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2029
	Jun-2021
	1
	[***]	42656
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2029
	Jun-2021
	1
	[***]	42670
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	May-2029
	Jun-2021
	1
	[***]	65457
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	May-2029
	Jul-2021
	1
	[***]	42658
	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jun-2029
	Jul-2021
	1
	[***]	65460
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Jul-2029
	Jul-2021
	1
	[***]	65459
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Jun-2029
	Jul-2021
	1
	[***]	65458
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	May-2029
	Jul-2021
	1
	[***]	65834
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Sep-2029
	Aug-2021
	1
	[***]	65461
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Jul-2029
	Aug-2021
	1
	[***]	65836
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Aug-2029
	Aug-2021
	1
	[***]	65837
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Aug-2029
	Aug-2021
	1
	[***]	65838
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Aug-2029
	Aug-2021
	1
	[***]	65839
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Sep-2029
	Aug-2021
	1
	[***]	66974
	[***]	[***]		Note 4
	[***]	[***]	[***]	[***]	[***]
	Nov-2029
	Sep-2021
	1
	[***]	65462
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 107813 / 108732 /117027	Boeing Proprietary	Page 3









			
	Table 1A To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-8 Aircraft








																																										
	

Delivery
Date*
	Original
Delivery
Date*
	

Number of
Aircraft
	Escalation
Factor
(Airframe)
	Manufacturer
Serial
Number**
	

Escalation
Factor
	

[***]
	

Aircraft
Block
	





Notes
	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
[***]

	Oct-2029
	Sep-2021
	1
	[***]	65463
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Oct-2029
	Sep-2021
	1
	[***]	65840
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Oct-2029
	Sep-2021
	1
	[***]	65841
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Nov-2029
	Oct-2021
	1
	[***]	65466
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Dec-2029
	Oct-2021
	1
	[***]	65465
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Dec-2029
	Oct-2021
	1
	[***]	65464
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Jan-2030
	Nov-2021
	1
	[***]	65467
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Jan-2030
	Dec-2021
	1
	[***]	65468
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Jan-2030
	Dec-2021
	1
	[***]	65842
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Jan-2030
	Dec-2021
	1
	[***]	65843
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Feb-2030
	Jan-2022
	1
	[***]	65469
	[***]	[***]	D OPEX
		[***]	[***]	[***]	[***]	[***]
	Feb-2030
	Jan-2022
	1
	[***]	65470
	[***]	[***]	OPEX
		[***]	[***]	[***]	[***]	[***]
	Feb-2030
	Apr-2022
	1
	[***]	65844
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Mar-2030
	Jul-2022
	1
	[***]	65855
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Mar-2030
	Jul-2022
	1
	[***]	65853
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Mar-2030
	Jul-2022
	1
	[***]	65851
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Mar-2030
	Aug-2022
	1
	[***]	65845
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Apr-2030
	Aug-2022
	1
	[***]	65847
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Apr-2030
	Aug-2022
	1
	[***]	65849
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Apr-2030
	Oct-2022
	1
	[***]	65857
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Apr-2030
	Oct-2022
	1
	[***]	65859
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	May-2030
	Dec-2022
	1
	[***]	65861
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	May-2030
	Mar-2023
	1
	[***]	36732
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	May-2030
	Apr-2023
	1
	[***]	38806
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	May-2030
	Jun-2023
	1
	[***]	37034
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Jun-2030
	Aug-2023
	1
	[***]	42552
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Jun-2030
	Oct-2023
	1
	[***]	42538
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Jun-2030
	Nov-2023
	1
	[***]	38815
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Jul-2030
	Mar-2024
	1
	[***]	38817
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Jul-2030
	Mar-2024
	1
	[***]	35968
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Jul-2030
	Mar-2024
	1
	[***]	35972
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Jul-2030
	Apr-2024
	1
	[***]	36736
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Aug-2030
	Jun-2024
	1
	[***]	42542
	[***]	[***]	A
		[***]	[***]	[***]	[***]	[***]
	Aug-2030
	Jul-2024
	1
	[***]	35963
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Aug-2030
	Jul-2024
	1
	[***]	35967
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Aug-2030
	Sep-2024
	1
	[***]	36730
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Sep-2030
	Nov-2024
	1
	[***]	35971
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Sep-2030
	Dec-2024
	1
	[***]	35975
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Sep-2030
	Jan-2025
	1
	[***]	38804
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 107813 / 108732 /117027	Boeing Proprietary	Page 4









			
	Table 1A To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-8 Aircraft








																																										
	

Delivery
Date*
	Original
Delivery
Date*
	

Number of
Aircraft
	Escalation
Factor
(Airframe)
	Manufacturer
Serial
Number**
	

Escalation
Factor
	

[***]
	

Aircraft
Block
	





Notes
	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
[***]

	Sep-2030
	Jan-2025
	1
	[***]	38805
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Oct-2030
	Jan-2025
	1
	[***]	65863
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Oct-2030
	Jan-2025
	1
	[***]	65865
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Oct-2030
	Feb-2025
	1
	[***]	36729
	[***]	[***]	B
		[***]	[***]	[***]	[***]	[***]
	Nov-2030
	Feb-2025
	1
	[***]	65868
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Nov-2030
	Feb-2025
	1
	[***]	65869
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Nov-2030
	Mar-2025
	1
	[***]	65870
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Nov-2030
	Mar-2025
	1
	[***]	65871
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Dec-2030
	Apr-2025
	1
	[***]	65872
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Dec-2030
	Apr-2025
	1
	[***]	65873
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Dec-2030
	May-2025
	1
	[***]	65846
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Dec-2030
	May-2025
	1
	[***]	65848
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Jan-2031
	Jun-2025
	1
	[***]	65852
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Feb-2031
	Jun-2025
	1
	[***]	65850
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Mar-2031
	Jul-2025
	1
	[***]	65854
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Apr-2031
	Jul-2025
	1
	[***]	65856
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	May-2031
	Aug-2025
	1
	[***]	65860
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Jun-2031
	Aug-2025
	1
	[***]	65858
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Jul-2031
	Sep-2025
	1
	[***]	65862
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Aug-2031
	Oct-2025
	1
	[***]	65864
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Sep-2031
	Nov-2025
	1
	[***]	65866
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]
	Oct-2031
	Dec-2025
	1
	[***]	65867
	[***]	[***]	OPEX
	Note 3
	[***]	[***]	[***]	[***]	[***]




						
	Total: 
	180




* [***]
**  Manufacturer Serial Numbers (MSN) are for reference only and are subject to change.
† [***]
Notes:
(1) [***]
(2) [***]
(3) [***]
(4) [***]
									
			SA-14
	SWA-PA-03729 107813 / 108732 /117027	Boeing Proprietary	Page 5









			
	Table 1B To

	Purchase Agreement No. PA-03729

	Aircraft Delivery, Description, Price and Advance Payments

	737-7 Aircraft








																		
	Airframe Model/MTOW:


Engine Model/Thrust:
	737-7     77,000 pounds
CFMLEAP-1B27C(1) 26,400 pounds
	Detail Specification:


Airframe Price Base Year/Escalation Formula:
	D019A008SWA


Jul-11
	17P-1


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:
	[***]
			

																																							
	



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
	

[***]1
	



Note
	At Signing


[***]
	24 Mos.


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


[***]
	Total


[***]

	Jan-2022
	Apr-2019
	1
	[***]	42586	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2022
	Apr-2019
	1
	[***]	42587	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2022
	Apr-2019
	1
	[***]	42588	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2022
	May-2019
	1
	[***]	42589	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2022
	May-2019
	1
	[***]	42590	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2022
	Aug-2019
	1
	[***]	42561	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2022
	Aug-2019
	1
	[***]	42569	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2022
	Oct-2023
	1
	[***]	42614	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2022
	Feb-2024
	1
	[***]	42620	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2022
	Mar-2024
	1
	[***]	42621	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2022
	Apr-2024
	1
	[***]	42623	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2022
	May-2024
	1
	[***]	42627	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2022
	Jun-2024
	1
	[***]	42629	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2022
	Jul-2024
	1
	[***]	42631	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2022
	Jan-2023
	1
	[***]	42591	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2022
	Feb-2023
	1
	[***]	42592	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2022
	Mar-2023
	1
	[***]	42595	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2022
	Apr-2023
	1
	[***]	42598	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2022
	May-2023
	1
	[***]	42600	[***]	[***]		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 107953-1F 116795-1F	Boeing Confidential	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
	

[***]1
	



Note
	At Signing


[***]
	24 Mos.


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


[***]
	Total


[***]

	Jun-2022
	Aug-2024
	1
	[***]	42632	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	Jun-2023
	1
	[***]	42602	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	Jul-2023
	1
	[***]	42603	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	Aug-2023
	1
	[***]	42604	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	Sep-2023
	1
	[***]	42609	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	Sep-2024
	1
	[***]	42635	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	Oct-2024
	1
	[***]	42638	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	Nov-2024
	1
	[***]	42642	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Nov-2023
	1
	[***]	42613	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Dec-2023
	1
	[***]	42616	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Jan-2024
	1
	[***]	42618	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Jan-2024
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Jan-2024
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Jan-2024
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Feb-2024
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Feb-2024
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Feb-2024
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2022
	Mar-2024
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2022
	Mar-2024
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2022
	Mar-2024
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2022
	Sep-2022
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2022
	Sep-2022
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2022
	Apr-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2022
	Apr-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2022
	May-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2022
	May-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2022
	May-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2022
	Jun-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2022
	Jun-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 107953-1F 116795-1F	Boeing Confidential	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
	

[***]1
	



Note
	At Signing


[***]
	24 Mos.


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


[***]
	Total


[***]

	Oct-2022
	Jul-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2022
	Jul-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2022
	Aug-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2022
	Aug-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2022
	Sep-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2022
	Sep-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2022
	Sep-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2022
	Oct-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2022
	Oct-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2022
	Oct-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2022
	Nov-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Dec-2022
	Nov-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Dec-2022
	Nov-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Dec-2022
	Dec-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Dec-2022
	Dec-2028
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Dec-2022
	Jan-2029
	1
	[***]		[***]	[***]	(*) 737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jan-2023
	Jul-21
	1
	[***]	42657	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Jan-2023
	Jul-21
	1
	[***]	42671	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2023
	Mar-22
	1
	[***]	42679	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2023
	Mar-22
	1
	[***]	42678	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2023
	Apr-22
	1
	[***]	42688	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2023
	Apr-22
	1
	[***]	42681	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2023
	Apr-22
	1
	[***]	42680	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2023
	May-22
	1
	[***]	42684	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2023
	May-22
	1
	[***]	42683	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2023
	May-22
	1
	[***]	42682	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2023
	Jun-22
	1
	[***]	42687	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	May-2023
	Jun-22
	1
	[***]	42686	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	May-2023
	Jun-22
	1
	[***]	42685	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 107953-1F 116795-1F	Boeing Confidential	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
	

[***]1
	



Note
	At Signing


[***]
	24 Mos.


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


[***]
	Total


[***]

	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
	1
	[***]	42562	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2023
	Feb-23
	1
	[***]	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
	1
	[***]	42594	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2023
	May-23
	1
	[***]	42568	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2023
	Jun-23
	1
	[***]	42581	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2023
	Jul-23
	1
	[***]	42582	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2023
	Jul-23
	1
	[***]	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
	[***]	[***]	[***]	[***]	[***]
	Feb-2024
	Jan-24
	1
	[***]	42584	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2024
	Jan-24
	1
	[***]	42585	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2024
	Jan-24
	1
	[***]	42611	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2024
	Feb-24
	1
	[***]	42596	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2024
	Feb-24
	1
	[***]	42599	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2024
	Feb-24
	1
	[***]	42612	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2024
	Apr-24
	1
	[***]	42606	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2024
	Apr-24
	1
	[***]	42617	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	May-2024
	May-24
	1
	[***]	42608	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 107953-1F 116795-1F	Boeing Confidential	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
				Escalation Estimate Adv Payment Base Price Per A/P
	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

	

Serial


Number**
	

Escalation


Factor
	

[***]1
	



Note
	At Signing


[***]
	24 Mos.


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


[***]
	Total


[***]

	May-2024
	May-24
	1
	[***]	42619	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	May-2024
	May-24
	1
	[***]	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
	1
	[***]	42625	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2024
	Oct-24
	1
	[***]	42636	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Aug-2024
	Nov-24
	1
	[***]	42639	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2024
	Dec-24
	1
	[***]	42640	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Sep-2024
	Dec-24
	1
	[***]	42628	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2024
	Feb-25
	1
	[***]	42643	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2024
	Mar-25
	1
	[***]	42645	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Oct-2024
	Mar-25
	1
	[***]	42644	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2024
	Apr-25
	1
	[***]	42659	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Nov-2024
	Apr-25
	1
	[***]	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
	1
	[***]	42677	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Feb-2025
	Sep-25
	1
	[***]	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
	1
	[***]	42698	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Mar-2025
	Nov-25
	1
	[***]	42700	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2025
	Dec-25
	1
	[***]	42702	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2025
	Dec-25
	1
	[***]	42701	[***]	[***]	***737-8 Sub
	[***]	[***]	[***]	[***]	[***]
	Apr-2025
		1
	[***]	67319	[***]	[***]		[***]	[***]	[***]	[***]	[***]



									
			SA-14
	SWA-PA-03729 107953-1F 116795-1F	Boeing Confidential	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
	

[***]1
	



Note
	At Signing


[***]
	24 Mos.


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


[***]
	Total


[***]

	May-2025
		1
	[***]	67321	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2025
		1
	[***]	67320	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2025
		1
	[***]	67322	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2025
		1
	[***]	67323	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2025
		1
	[***]	67324	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2025
		1
	[***]	67325	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2025
		1
	[***]	67326	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2025
		1
	[***]	67328	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2025
		1
	[***]	67327	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2025
		1
	[***]	67330	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2025
		1
	[***]	67329	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2025
		1
	[***]	67333	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2025
		1
	[***]	67332	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2025
		1
	[***]	67331	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2025
		1
	[***]	67335	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2025
		1
	[***]	67334	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2025
		1
	[***]	67338	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2025
		1
	[***]	67337	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2025
		1
	[***]	67336	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2026
		1
	[***]	67339	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2026
		1
	[***]	67340	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2026
		1
	[***]	67342	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2026
		1
	[***]	67341	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2026
		1
	[***]	67343	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2026
		1
	[***]	67345	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2026
		1
	[***]	67344	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2026
		1
	[***]	67346	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2026
		1
	[***]	67347	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2026
		1
	[***]	67348	[***]	[***]		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 107953-1F 116795-1F	Boeing Confidential	Page 6









			
	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
	

[***]1
	



Note
	At Signing


[***]
	24 Mos.


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


[***]
	Total


[***]

	Sep-2026
		1
	[***]	67349	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2026
		1
	[***]	67351	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2026
		1
	[***]	67350	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2026
		1
	[***]	67352	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2026
		1
	[***]	67353	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2027
		1
	[***]	67354	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2027
		1
	[***]	67355	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2027
		1
	[***]	67357	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2027
		1
	[***]	67356	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2027
		1
	[***]	67358	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2027
		1
	[***]	67360	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2027
		1
	[***]	67359	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2027
		1
	[***]	67361	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2027
		1
	[***]	67362	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2027
		1
	[***]	67363	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2027
		1
	[***]	67364	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2027
		1
	[***]	67366	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2027
		1
	[***]	67365	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2027
		1
	[***]	67367	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2027
		1
	[***]	67368	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2028
		1
	[***]	67369	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2028
		1
	[***]	67370	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2028
		1
	[***]	67372	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2028
		1
	[***]	67371	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2028
		1
	[***]	67373	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2028
		1
	[***]	67375	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2028
		1
	[***]	67374	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2028
		1
	[***]	67376	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2028
		1
	[***]	67377	[***]	[***]		[***]	[***]	[***]	[***]	[***]


									
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	SWA-PA-03729 107953-1F 116795-1F	Boeing Confidential	Page 7









			
	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
	

[***]1
	



Note
	At Signing


[***]
	24 Mos.


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


[***]
	Total


[***]

	Aug-2028
		1
	[***]	67378	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2028
		1
	[***]	67379	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2028
		1
	[***]	67381	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2028
		1
	[***]	67380	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2028
		1
	[***]	67382	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2028
		1
	[***]	67383	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2029
		1
	[***]	67385	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2029
		1
	[***]	67384	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2029
		1
	[***]	67386	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2029
		1
	[***]	67388	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2029
		1
	[***]	67387	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2029
		1
	[***]	67389	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2029
		1
	[***]	67391	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2029
		1
	[***]	67390	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2029
		1
	[***]	67393	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2029
		1
	[***]	67392	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2029
		1
	[***]	67395	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2029
		1
	[***]	67394	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2029
		1
	[***]	67397	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2029
		1
	[***]	67396	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2029
		1
	[***]	67399	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2029
		1
	[***]	67398	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2029
		1
	[***]	67400	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2029
		1
	[***]	67401	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2029
		1
	[***]	67403	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2029
		1
	[***]	67402	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jan-2030
		1
	[***]	67404	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Feb-2030
		1
	[***]	67405	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Mar-2030
		1
	[***]	67407	[***]	[***]		[***]	[***]	[***]	[***]	[***]


									
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	SWA-PA-03729 107953-1F 116795-1F	Boeing Confidential	Page 8









			
	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
	

[***]1
	



Note
	At Signing


[***]
	24 Mos.


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


[***]
	Total


[***]

	Mar-2030
		1
	[***]	67406	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Apr-2030
		1
	[***]	67408	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2030
		1
	[***]	67409	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	May-2030
		1
	[***]	67410	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jun-2030
		1
	[***]	67411	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Jul-2030
		1
	[***]	67412	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Aug-2030
		1
	[***]	67413	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Sep-2030
		1
	[***]	67414	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2030
		1
	[***]	67416	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Oct-2030
		1
	[***]	67415	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Nov-2030
		1
	[***]	67417	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	Dec-2030
		1
	[***]	67418	[***]	[***]		[***]	[***]	[***]	[***]	[***]




						
	Total:
	234












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






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





SWA-PA-03729-LA-1106474R5
Southwest Airlines Co.
2702 Love Field Drive
P.O. Box 36611
Dallas, Texas 75235-1611
Subject:    Option Aircraft
Reference:    Purchase Agreement No. PA-03729 (Purchase Agreement) between The Boeing Company (Boeing) and Southwest Airlines Co. (Customer) relating to Model 737-8 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,  1-B, and 1-C (collectively Attachment 1) to this Letter Agreement.  The Attachment 1-A Aircraft are the Original Option Aircraft (Original Option Aircraft), the Attachment 1-B Aircraft are the 2020 Option Aircraft (2020 Option Aircraft) and the Attachment 1-C Aircraft are the 2021 Option Aircraft (2021 Option Aircraft).
3.Configuration. 
3.1 Subject to the provisions of Article 3.2, 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-1106474R5
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	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.     [***]






						
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	Option Aircraft	Page 2

	BOEING PROPRIETARY










						
	








	
	
	





6. [***]












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.
						
	SWA-PA-03729-LA-1106474R5
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	BOEING PROPRIETARY










						
	








	
	
	







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-1106474R5
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	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:	May 28, 2021
			
	SOUTHWEST AIRLINES CO.
	By	

/s/ Chris Monroe

	Name	

Chris Monroe

	Its	SVP Finance and Treasurer




						
	SWA-PA-03729-LA-1106474R5
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	BOEING PROPRIETARY








			
	Attachment 1-A to
	Letter Agreement No. 1106474
	Aircraft Delivery, Description, Price and Advance Payments





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





Escalation Factor
	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
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67206
	[***]	[***]	[***]	[***]	[***]
	Mar-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67205
	[***]	[***]	[***]	[***]	[***]
	Mar-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67207
	[***]	[***]	[***]	[***]	[***]
	Mar-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67208
	[***]	[***]	[***]	[***]	[***]
	Mar-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67209
	[***]	[***]	[***]	[***]	[***]
	Apr-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67210
	[***]	[***]	[***]	[***]	[***]
	Apr-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67211
	[***]	[***]	[***]	[***]	[***]
	Apr-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67212
	[***]	[***]	[***]	[***]	[***]
	Apr-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67213
	[***]	[***]	[***]	[***]	[***]
	Apr-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67214
	[***]	[***]	[***]	[***]	[***]
	Apr-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67216
	[***]	[***]	[***]	[***]	[***]
	Apr-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67215
	[***]	[***]	[***]	[***]	[***]
	May-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	May-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67218
	[***]	[***]	[***]	[***]	[***]
	May-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
	67217
	[***]	[***]	[***]	[***]	[***]
	Jun-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jun-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jun-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Aug-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Aug-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Aug-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Sep-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Oct-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-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)
	





Escalation Factor
	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
[***]

	Oct-2022
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Oct-2022
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Oct-2022
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Nov-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Nov-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Nov-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Nov-2022
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Nov-2022
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Nov-2022
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Dec-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Dec-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Dec-2022
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Dec-2022
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Dec-2022
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Jan-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jan-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jan-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Feb-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Feb-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Feb-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Mar-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Mar-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Mar-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Apr-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Apr-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	May-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	May-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	May-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jun-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jun-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Jul-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Jul-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Aug-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Aug-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Sep-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-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)
	





Escalation Factor
	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
[***]

	Sep-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Sep-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Sep-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Oct-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Oct-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Oct-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Nov-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Nov-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Nov-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Nov-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Dec-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Dec-2023
	1
	[***]	[***]	[***]	[***]1
	Remarket Aircraft**
		[***]	[***]	[***]	[***]	[***]
	Dec-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Dec-2023
	1
	[***]	[***]	[***]				[***]	[***]	[***]	[***]	[***]
	Mar-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	May-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	May-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	May-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jun-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jun-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jun-2024
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Jan-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Feb-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Mar-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	Apr-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729-LA-1106474 107813 116801-1F.txt	Boeing Proprietary	Page 3









			
	Attachment 1-A to
	Letter Agreement No. 1106474
	Aircraft Delivery, Description, Price and Advance Payments









																																							
	

Delivery
Date
	

Number of
Aircraft
	Escalation Factor (Airframe)
	





Escalation Factor
	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-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	May-2025
	1
	[***]	[***]	[***]	[***]			[***]	[***]	[***]	[***]	[***]
	May-2025
	1
	[***]	[***]	[***]	[***]	Previously Earned
	***	[***]	[***]	[***]	[***]	[***]
	May-2025
	1
	[***]	[***]	[***]	[***]	Previously Earned
	***	[***]	[***]	[***]	[***]	[***]
	May-2025
	1
	[***]	[***]	[***]	[***]	Previously Earned
	***	[***]	[***]	[***]	[***]	[***]
	Jun-2025
	1
	[***]	[***]	[***]	[***]	Previously Earned
	***	[***]	[***]	[***]	[***]	[***]
	Jun-2025
	1
	[***]	[***]	[***]	[***]	Previously Earned
	***	[***]	[***]	[***]	[***]	[***]




						
	Total:
	109






* [***]
** [***]
*** [***]
Note:


(1) [***]
									
			SA-14
	SWA-PA-03729-LA-1106474 107813 116801-1F.txt	Boeing Proprietary	Page 4









			
	Attachment 1-B To

	Letter Agreement No. 1106474

	Aircraft Delivery, Description, Price and Advance Payments






															
	Airframe Model/MTOW:     737-8
Engine Model/Thrust:     CFMLEAP-1B28(1)
	181,200 pounds


28,800 pounds
	Detail Specification:


Airframe Price Base Year/Escalation  Formula:
	D019A008-S (5/1/2017) Jul-11
	



Non-Standard

	Airframe Price:
	[***]	Engine Price Base Year/Escalation Formula:
	Jul-11
	Non-Standard

	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)
	Option


Exercise Date
	



Escalation
		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


[***]

	

Deadline
	

Factor
	
	

Jan-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 116800-1F.txt	Boeing Proprietary	Page 1









			
	Attachment 1-B To

	Letter Agreement No. 1106474

	Aircraft Delivery, Description, Price and Advance Payments






																																	
	



Delivery


Date*
	



Number of


Aircraft
	Escalation Factor (Airframe)
	Option


Exercise Date
	



Escalation
		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


[***]

	

Deadline
	

Factor
	
	

Mar-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

May-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

May-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

May-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

May-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

May-2023
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

May-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

May-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jun-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 116800-1F.txt	Boeing Proprietary	Page 2









			
	Attachment 1-B To

	Letter Agreement No. 1106474

	Aircraft Delivery, Description, Price and Advance Payments






																																	
	



Delivery


Date*
	



Number of


Aircraft
	Escalation Factor (Airframe)
	Option


Exercise Date
	



Escalation
		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


[***]

	

Deadline
	

Factor
	
	

Jun-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Sep-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Sep-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Sep-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Sep-2024
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Oct-2024
	

1
	[***]	[***]	[***]	

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

Oct-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Oct-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Oct-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Oct-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Oct-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Nov-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Nov-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Nov-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Nov-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Nov-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Dec-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Dec-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Dec-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 116800-1F.txt	Boeing Proprietary	Page 3









			
	Attachment 1-B To

	Letter Agreement No. 1106474

	Aircraft Delivery, Description, Price and Advance Payments






																																	
	



Delivery


Date*
	



Number of


Aircraft
	Escalation Factor (Airframe)
	Option


Exercise Date
	



Escalation
		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


[***]

	

Deadline
	

Factor
	
	

Dec-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Dec-2024
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Mar-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

May-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jun-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jun-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jun-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jul-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Aug-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Sep-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Sep-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Sep-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Sep-2025
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Oct-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Oct-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Oct-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Oct-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Oct-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Oct-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Nov-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 116800-1F.txt	Boeing Proprietary	Page 4









			
	Attachment 1-B To

	Letter Agreement No. 1106474

	Aircraft Delivery, Description, Price and Advance Payments






																																	
	



Delivery


Date*
	



Number of


Aircraft
	Escalation Factor (Airframe)
	Option


Exercise Date
	



Escalation
		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


[***]

	

Deadline
	

Factor
	
	

Nov-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Nov-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Nov-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Nov-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Dec-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Dec-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Dec-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Dec-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Dec-2025
	

1
	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
	

Jan-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Jan-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Feb-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Mar-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]
	

Apr-2026
	

1
	[***]	[***]	[***]		[***]	[***]	[***]	[***]	[***]




						
	Total: 
	127






* [***]


Note:
									
			SA-14
	SWA-PA-03729 116800-1F.txt	Boeing Proprietary	Page 5









			
	Attachment 1-B To

	Letter Agreement No. 1106474

	Aircraft Delivery, Description, Price and Advance Payments










																																	
	



Delivery


Date*
	



Number of


Aircraft
	Escalation Factor (Airframe)
	Option


Exercise Date
	



Escalation
		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
[***]

	

Deadline
	

Factor
	


(1) [***]
									
			SA-14
	SWA-PA-03729 116800-1F.txt	Boeing Proprietary	Page 6









			
	Attachment 1-C To
	Letter Agreement No. 1106474
	Aircraft Delivery, Description, Price and Advance Payments







															
	Airframe Model/MTOW:     737-8
Engine Model/Thrust:     CFMLEAP-1B28(1)
	181,200 pounds


28,800 pounds
	Detail Specification:


Airframe Price Base Year/Escalation  Formula:
	D019A008-S (5/1/2017) Jul-11
	



Non-Standard

	Airframe Price:
	[***]	Engine Price Base Year/Escalation Formula:
	Jul-11
	Non-Standard

	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)
	Option


Exercise Date
	



Escalation
		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


[***]

	

Deadline
	

Factor
	
	

May-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

May-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

May-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Jun-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Jun-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Jun-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Jul-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Jul-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Jul-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Aug-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Aug-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Aug-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Sep-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Sep-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Sep-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Sep-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Oct-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]


									
			SA-14
	SWA-PA-03729 116800-1F.txt	Boeing Proprietary	Page 1









			
	Attachment 1-C To
	Letter Agreement No. 1106474
	Aircraft Delivery, Description, Price and Advance Payments









																																	
	



Delivery


Date*
	



Number of


Aircraft
	Escalation Factor (Airframe)
	Option


Exercise Date
	



Escalation
		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


[***]

	

Deadline
	

Factor
	
	

Oct-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Oct-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Oct-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Nov-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Nov-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Nov-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Dec-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Dec-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Dec-2026
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Jan-2027
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Jan-2027
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Feb-2027
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Feb-2027
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Mar-2027
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]
	

Mar-2027
	

1
	[***]	[***]	[***]	

New Options SA-14
	[***]	[***]	[***]	[***]	[***]




						
	Total: 
	32






* [***]


Note:
(1) [***]
									
			SA-14
	SWA-PA-03729 116800-1F.txt	Boeing Proprietary	Page 2











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







SWAPA03729LA1106475R5
Southwest Airlines Co.
2702 Love Field Drive
P.O. Box 36611
Dallas, Texas 75235-1611
Subject:    [***]
References:    1)    Purchase Agreement No. PA03729 (Purchase Agreement) between The Boeing Company (Boeing) and Southwest Airlines Co. (Customer) relating to Model 7378 and Model 737-7 aircraft 
2)     Letter Agreement SWAPA03729LA-1106474R5 entitled “Option Aircraft” (Option Aircraft Letter Agreement)
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.[***]
						
		
		
	










						
	
	
	
	













						
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2.     [***]


















3.     Assignment.
Unless otherwise noted herein, [***] described in this Letter Agreement are provided [***]                           to Customer and in consideration of Customer’s taking title to the Option Aircraft at time of delivery and becoming the operator of the Option Aircraft.  This Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing.


















						
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4.     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.






















						
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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:	May 28, 2021
			
	SOUTHWEST AIRLINES CO.
	By	/s/ Chris Monroe

	Name	Chris Monroe

	Its	SVP Finance and Treasurer






						
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