Side letter No. 32 to V2500 General Terms of Sale



 Exhibit 10.3(w) 

IAE PROPRIETARY INFORMATION 
  





 
 628 Hebron Avenue, Suite 400 
 Glastonbury, CT 06033 USA 
 November 8, 2011 

Mr. Mark Powers 
 Senior Vice President and
Treasurer 
 JetBlue Airways Corporation 

118-29 Queens Boulevard 
 Forest Hills, NY 11375

  

	Subject:	Side Letter No. 32 to the V2500 General Terms of Sale Agreement between JetBlue Airways Corporation and IAE International Aero Engines AG dated May 4,
1999. 

 Ladies and Gentlemen: 
 We refer to the General Terms of Sale Agreement dated May 4, 1999 between IAE International Aero Engines AG (“IAE”) and JetBlue Airways Corporation (“JetBlue”), as
amended from time to time, such contract being hereinafter referred to as the “Agreement”. 
 Unless expressly stated to the
contrary, and to the extent possible, capitalized terms used in this Side Letter Agreement No. 32 (“Side Letter No. 32”) shall have the same meaning given to them in the Agreement. In the event of a conflict between the terms
and provisions of this Side Letter No. 32 and those of the Agreement, this Side Letter No. 32 shall govern. 
 NOW, THEREFORE, the
Parties hereby agree as follows: 
  

	1.	Revision to Exhibit B-1 

  

	 	1.1	The Parties hereby agree that Exhibit B-1 to the Agreement, Aircraft Delivery Schedules, is hereby deleted in its entirety and replaced by the revised delivery
schedule attached as Appendix 1 hereto which captures the amendments as set forth in Clause 2 below. 

  

	2.	Aircraft Re-Basing 

  

	 	2.1.	Firm Aircraft No. 122, with actual delivery date of [***] 2011, shall be [***]. 


 

	 	2.2.	Firm Aircraft No. 122 shall receive [***]. 

  

	 	2.3.	The [***] upon delivery and acceptance of Firm Aircraft No. 122 shall be [***] as set forth in Section D of Side Letter No. 25 to the Agreement, if
applicable. 

  

	[***]	 Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended. 










	3.	Miscellaneous 

  

	 	3.1	This Side Letter No. 32 is not, and shall not be construed as, a waiver of either Party’s rights or remedies. 


 

	 	3.2	This Side Letter No. 32 contains matters of a confidential and proprietary nature and is delivered on the express condition that its terms shall not be disclosed
to any third party or reproduced in whole or in part for anyone other than the parties hereto without the other party’s prior written consent, unless otherwise stated herein. 


 

	 	3.3	This Side Letter No. 32 constitutes a valid, legal, binding obligation. This Side Letter No. 32 shall be construed and interpreted in accordance with the laws
of the State of Connecticut, United States of America with the exception of its conflict of law provisions. 

  

	 	3.4	This Side Letter No. 32 may be executed in one or more counterparts, each of which when so executed and delivered shall be an original but shall constitute one and
the same instrument. 

 Except as expressly amended by this Side Letter No. 32, all provisions of the Agreement (as amended
from time to time by various side letters and amendments) remain in full force and effect. 
  

					
	Very truly yours,	 		 	Agreed to and accepted on behalf of
	IAE International Aero Engines AG	 		 	JetBlue Airways Corporation
			
	 /s/ Debarshi Mandal
	 		 	 /s/ Mark D. Powers

	Name	 		 	Name
			
	 Commercial Manager
	 		 	 CFO

	Title	 		 	Title
			
	 11/10/11
	 		 	 11/10/11

	Date	 		 	Date


  
 Page 2 of 8









 APPENDIX 1 

Exhibit B-1 
 Aircraft Delivery Schedules 
 As of October 2011 

 
  
 Glossary Notes: 
  

	•	 	 Delivered Aircraft are indicated by Italics typeface 



 

	•	 	 Existing Firm Aircraft are indicated by normal typeface 



 

	•	 	 Incremental Firm Aircraft are indicated by an asterisk (*) 



 

	•	 	 2004 Incremental Aircraft, including all 2004 Incremental Aircraft and all Option Aircraft are indicated by bold typeface.



  

	•	 	 Applicable escalation formulae, indicated for the calculation of Fleet Introductory Assistance credits, are in accordance with Side Letter No. 13
and Side Letter No. 17 to the Agreement, as amended by Side Letter No. 25 to the Agreement. 


  

 
  

									
	 Rank No.
	  	 Aircraft
	  	Contracted
Month	 	Contracted
Year	  	 Applicable Escalation

	 No. 1
	  	Firm Aircraft	  	[***]	 	2000	  	Formula I
	 No. 2
	  	Firm Aircraft	  	[***]	 	2000	  	Formula I
	 No. 3
	  	Firm Aircraft	  	[***]	 	2000	  	Formula I
	 No. 4
	  	Firm Aircraft	  	[***]	 	2000	  	Formula I
	 No. 5
	  	Firm Aircraft	  	[***]	 	2000	  	Formula I
	 No. 6
	  	Firm Aircraft	  	[***]	 	2000	  	Formula I
	 No. 7
	  	Firm Aircraft	  	[***]	 	2001	  	Formula I
	 No. 8
	  	Firm Aircraft	  	[***]	 	2001	  	Formula I
	 No. 9
	  	Firm Aircraft	  	[***]	 	2001	  	Formula I
	 No. 10
	  	Firm Aircraft	  	[***]	 	2001	  	Formula I
	 No. 11
	  	Firm Aircraft	  	[***]	 	2001	  	Formula I
	 No. 12
	  	Firm Aircraft	  	[***]	 	2001	  	Formula I
	 No. 13
	  	Firm Aircraft	  	[***]	 	2001	  	Formula I
	 No. 14
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 15
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 16
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 17
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 18
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 19
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 20
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 21
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 22
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 23
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 24
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 25
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I
	 No. 26
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I

  

	[***]	 Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended. 



  
 Page 3 of 8










													
	 Rank No.
	  	 Aircraft
	  	Contracted
Month	 	Contracted
Year	  	 Applicable Escalation
	 
	 No. 27
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I	 			
	 No. 28
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I	 			
	 No. 29
	  	Firm Aircraft	  	[***]	 	2002	  	Formula I	 			
	 No. 30
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 31
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 32
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 33
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 34
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 35
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 36
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 37
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 38
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 39
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 40
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 41
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 42
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 43
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 44
	  	Firm Aircraft	  	[***]	 	2003	  	Formula I	 			
	 No. 45
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 46
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 47
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 48
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 49
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 50
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 51
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 52
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 53
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 54
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 55
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 	 	*	  
	 No. 56
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 57
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 58
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 			
	 No. 59
	  	Firm Aircraft	  	[***]	 	2004	  	Formula I	 	 	*	  
	 No. 60
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 61
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 62
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 	 	*	  
	 No. 63
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 64
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 65
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 66
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 67
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 	 	*	  

  

	[***]	 Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended. 



  
 Page 4 of 8










													
	 Rank No.
	  	 Aircraft
	  	Contracted
Month	 	Contracted
Year	  	 Applicable Escalation
	 
	 No. 68
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 69
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 70
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 71
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 	 	*	  
	 No. 72
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 73
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 			
	 No. 74
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 	 	*	  
	 No. 75
	  	Firm Aircraft	  	[***]	 	2005	  	Formula I	 	 	*	  
	 No. 76
	  	Firm Aircraft	  	[***]	 	2006	  	Formula II	 			
	 No. 77
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 			
	 No. 78
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 	 	*	  
	 No. 79
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 	 	*	  
	 No. 80
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 			
	 No. 81
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 	 	*	  
	 No. 82
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 			
	 No. 83
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 	 	*	  
	 No. 84
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 	 	*	  
	 No. 85
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 			
	 No. 86
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 	 	*	  
	 No. 87
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 	 	*	  
	 No. 88
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 			
	 No. 89
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 	 	*	  
	 No. 90
	  	Firm Aircraft	  	[***]	 	2006	  	Formula I	 	 	*	  
	 No. 91
	  	Firm Aircraft	  	[***]	 	2006	  	Formula II	 			
	 No. 92
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 			
	 No. 93
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 			
	 No. 94
	  	Firm Aircraft	  	[***]	 	2007	  	Formula II	 			
	 No. 95
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 			
	 No. 96
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 			
	 No. 97
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 			
	 No. 98
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 	 	*	  
	 No. 99
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 	 	*	  
	 No. 100
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 	 	*	  
	 No. 101
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 	 	*	  
	 No. 102
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 	 	*	  
	 No. 103
	  	Firm Aircraft	  	[***]	 	2007	  	Formula I	 	 	*	  
	 No. 104
	  	Firm Aircraft	  	[***]	 	2008	  	Formula I	 	 	*	  
	 No. 105
	  	Firm Aircraft	  	[***]	 	2008	  	Formula I	 	 	*	  
	 No. 106
	  	Firm Aircraft	  	[***]	 	2008	  	Formula I	 	 	*	  
	 No. 107
	  	Firm Aircraft	  	[***]	 	2008	  	Formula I	 	 	*	  
	 No. 108
	  	Firm Aircraft	  	[***]	 	2008	  	Formula I	 	 	*	  

  

	[***]	 Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended. 



  
 Page 5 of 8










													
	 Rank No.
	  	 Aircraft
	  	Contracted
Month	  	Contracted
Year	  	 Applicable Escalation
	 
	 No. 109
	  	Firm Aircraft	  	[***]	  	2008	  	Formula I	 	 	*	  
	 No. 110
	  	Firm Aircraft	  	[***]	  	2008	  	Formula I	 	 	*	  
	 No. 111
	  	Firm Aircraft	  	[***]	  	2008	  	Formula I	 	 	*	  
	 No. 112
	  	Firm Aircraft	  	[***]	  	2008	  	Formula I	 	 	*	  
	 No. 113
	  	Firm Aircraft	  	[***]	  	2008	  	Formula I	 	 	*	  
	 No. 114
	  	Firm Aircraft	  	[***]	  	2008	  	Formula I	 	 	*	  
	 No. 115
	  	Firm Aircraft	  	[***]	  	2008	  	Formula I	 	 	*	  
	 No. 116
	  	Firm Aircraft	  	[***]	  	2009	  	Formula I	 	 	*	  
	 No. 117
	  	Firm Aircraft	  	[***]	  	2009	  	Formula I	 	 	*	  
	 No. 118
	  	Firm Aircraft	  	[***]	  	2009	  	Formula I	 	 	*	  
	 No. 119
	  	Firm Aircraft	  	[***]	  	2010	  	Formula I	 	 	*	  
	 No. 120
	  	Firm Aircraft	  	[***]	  	2010	  	Formula I	 	 	*	  
	 No. 121
	  	Firm Aircraft	  	[***]	  	2010	  	Formula I	 	 	*	  
	 No. 122
	  	Firm Aircraft	  	Year	  	2011	  	Formula II	 			
	 No. 123
	  	Firm Aircraft	  	Year	  	2011	  	Formula I	 	 	*	  
	 No. 124
	  	Firm Aircraft	  	Year	  	2011	  	Formula I	 	 	*	  
	 No. 125
	  	Firm Aircraft	  	Year	  	2011	  	Formula I	 	 	*	  
	 No. 126
	  	Firm Aircraft	  	Year	  	2011	  	Formula I	 	 	*	  
	 No. 127
	  	Firm Aircraft	  	Year	  	2012	  	Formula I	 	 	*	  
	 No. 128
	  	Firm Aircraft	  	Year	  	2012	  	Formula I	 	 	*	  
	 No. 129
	  	Firm Aircraft	  	Year	  	2012	  	Formula I	 	 	*	  
	 No. 130
	  	Firm Aircraft	  	Year	  	2012	  	Formula I	 	 	*	  
	 No. 131
	  	Firm Aircraft	  	Year	  	2012	  	Formula I	 	 	*	  
	 No. 132
	  	Firm Aircraft	  	Year	  	2012	  	Formula I	 	 	*	  
	 No. 133
	  	Firm Aircraft	  	Year	  	2012	  	Formula II	 			
	 No. 134
	  	Firm Aircraft	  	Year	  	2012	  	Formula II	 			
	 No. 135
	  	Firm Aircraft	  	Year	  	2012	  	Formula II	 			
	 No. 136
	  	Firm Aircraft	  	Year	  	2012	  	Formula II	 			
	 No. 137
	  	Firm Aircraft	  	Year	  	2012	  	Formula I	 	 	*	  
	 No. 138
	  	Firm Aircraft	  	Year	  	2012	  	Formula I	 	 	*	  
	 No. 139
	  	Firm Aircraft	  	Year	  	2012	  	Formula I	 	 	*	  
	 No. 140
	  	Firm Aircraft	  	Year	  	2013	  	Formula I	 	 	*	  
	 No. 141
	  	Firm Aircraft	  	Year	  	2013	  	Formula I	 	 	*	  
	 No. 142
	  	Firm Aircraft	  	Year	  	2013	  	Formula I	 	 	*	  
	 No. 143
	  	Firm Aircraft	  	Year	  	2013	  	Formula II	 			
	 No. 144
	  	Firm Aircraft	  	Year	  	2013	  	Formula II	 			
	 No. 145
	  	Firm Aircraft	  	Year	  	2013	  	Formula I	 	 	*	  
	 No. 146
	  	Firm Aircraft	  	Year	  	2013	  	Formula II	 			
	 No. 147
	  	Firm Aircraft	  	Year	  	2013	  	Formula II	 			
	 No. 148
	  	Firm Aircraft	  	Year	  	2013	  	Formula II	 			

  

	[***]	 Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended. 



  
 Page 6 of 8










													
	 Rank No.
	  	 Aircraft
	  	Contracted
Month	  	Contracted
Year	  	 Applicable Escalation
	 
	 No. 149
	  	Firm Aircraft	  	Year	  	2013	  	Formula II	 			
	 No. 150
	  	Firm Aircraft	  	Year	  	2013	  	Formula II	 			
	 No. 151
	  	Firm Aircraft	  	Year	  	2013	  	Formula II	 			
	 No. 152
	  	Firm Aircraft	  	Year	  	2013	  	Formula II	 			
	 No. 153
	  	Firm Aircraft	  	Year	  	2014	  	Formula I	 	 	*	  
	 No. 154
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 155
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 156
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 157
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 158
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 159
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 160
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 161
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 162
	  	Firm Aircraft	  	Year	  	2014	  	Formula I	 	 	*	  
	 No. 163
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 164
	  	Firm Aircraft	  	Year	  	2014	  	Formula II	 			
	 No. 165
	  	Firm Aircraft	  	Year	  	2015	  	Formula II	 			
	 No. 166
	  	Firm Aircraft	  	Year	  	2015	  	Formula II	 			
	 No. 167
	  	Firm Aircraft	  	Year	  	2015	  	Formula II	 			
	 No. 168
	  	Firm Aircraft	  	Year	  	2015	  	Formula II	 			
	 No. 169
	  	Firm Aircraft	  	Year	  	2015	  	Formula I	 	 	*	  
	 No. 170
	  	Firm Aircraft	  	Year	  	2015	  	Formula I	 	 	*	  
	 No. 171
	  	Firm Aircraft	  	Year	  	2015	  	Formula I	 	 	*	  
	 No. 172
	  	Firm Aircraft	  	Year	  	2015	  	Formula I	 	 	*	  
	 No. 173
	  	Firm Aircraft	  	Year	  	2015	  	Formula I	 	 	*	  

 2004 Option Aircraft 
  

									
	 Rank No.
	  	 Aircraft
	  	Month	  	 Applicable Escalation
	  	Year
	 No. 174
	  	Option Aircraft	  	[***]	  	Formula II	  	2011
	 No. 175
	  	Option Aircraft	  	[***]	  	Formula II	  	2011
	 No. 176
	  	Option Aircraft	  	[***]	  	Formula II	  	2011
	 No. 177
	  	Option Aircraft	  	[***]	  	Formula II	  	2012
	 No. 178
	  	Option Aircraft	  	[***]	  	Formula II	  	2012
	 No. 179
	  	Option Aircraft	  	[***]	  	Formula II	  	2012
	 No. 180
	  	Option Aircraft	  	[***]	  	Formula II	  	2012
	 No. 181
	  	Option Aircraft	  	[***]	  	Formula II	  	2013
	 No. 182
	  	Option Aircraft	  	[***]	  	Formula II	  	2013
	 No. 183
	  	Option Aircraft	  	[***]	  	Formula II	  	2013

  

	[***]	 Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended. 



  
 Page 7 of 8









  

									
	 Rank No.
	  	 Aircraft
	  	Month	  	 Applicable Escalation
	  	Year
	 No. 184
	  	Option Aircraft	  	[***]	  	Formula II	  	2013
	 No. 185
	  	Option Aircraft	  	[***]	  	Formula II	  	2013
	 No. 186
	  	Option Aircraft	  	[***]	  	Formula II	  	2013
	 No. 187
	  	Option Aircraft	  	[***]	  	Formula II	  	2013
	 No. 188
	  	Option Aircraft	  	[***]	  	Formula II	  	2014
	 No. 189
	  	Option Aircraft	  	[***]	  	Formula II	  	2014
	 No. 190
	  	Option Aircraft	  	[***]	  	Formula II	  	2014
	 No. 191
	  	Option Aircraft	  	[***]	  	Formula II	  	2014
	 No. 192
	  	Option Aircraft	  	[***]	  	Formula II	  	2015
	 No. 193
	  	Option Aircraft	  	[***]	  	Formula II	  	2015
	 No. 194
	  	Option Aircraft	  	[***]	  	Formula II	  	2015
	 No. 195
	  	Option Aircraft	  	[***]	  	Formula II	  	2015

 Option Aircraft to be delivered after [***] are subject to IAE and Airbus SAS concurrence on extension of the current
purchase agreement between the parties. 
 Leased Aircraft 

 

					
	 Year
	  	Number	  	 Delivery Dates

	 1999
	  	1	  	1 [***]
	 2000
	  	3	  	1 [***], 1 [***], 1 [***]
	 2001
	  	4	  	1 [***], 2 [***], 1 [***]
	 2003
	  	1	  	1 [***]
	 2004
	  	1	  	1 [***]

  

	[***]	 Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended. 



  
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