| P.A. No. 3323 | S.A. 1 |   |
|---------------|--------|--------|

----

|   | 1.  | Table of Contents. |
|--------|----------|--------------------|

|   | 2.  | Table 2, Block A, Block B Aircraft Delivery, Price and Advance Payments. |
|--------|----------|--------------------------------------------------------------------------|

|   | 3.  | Table 3, Block C Aircraft Delivery. Price and Advance Payments. |
|--------|----------|-----------------------------------------------------------------|

|   | 4.  | Exhibit A, Aircraft Configuration |
|--------|----------|-----------------------------------|

| P.A. No. 3323 | S.A. 1 |   |
|---------------|--------|--------|

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|   | 5.  | Supplemental Exhibit BFE1, BFE Variables. |
|--------|----------|-------------------------------------------|

|   | 6.  | Letter Agreement 6-1165-LY-403, Special Matters, Block C Aircraft |
|--------|----------|-------------------------------------------------------------------|

|   | 7. | Letter Agreement 6-1165-LY-404, Aircraft Performance Gurantee, Block C Aircraft |
|--------|----|---------------------------------------------------------------------------------|

|   | 8.  | Letter Agreement 6-1165-LY-405, Payment Matters, Block C Aircraft. |
|--------|----------|--------------------------------------------------------------------|

|   | 9.  | Letter Agreement 6-1165-LY-407, Special Escalation Program, Block C Aircraft. |
|--------|----------|-------------------------------------------------------------------------------|

| P.A. No. 3323 | S.A. 1 |   |
|---------------|--------|--------|

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| By              |
|-----------------|
|            |
| Its        | Attorney-In-Fact |
|            |
| XIAMEN AIRLINES |
|            |
| By              |
|            |
| Its        |     |

| P.A. No. 3323 | S.A. 1 |   |
|---------------|--------|--------|

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|                  |   |                                                   | SANUMBER |
|-----------------------|--------|--------------------------------------------------------|----------|
| ARTICLES              |   |                                                   |     |
|                  |   |                                                   |     |
| 1.                    |   | Quantity, Model and Description                        |     |
|                  |   |                                                   |     |
| 2.                    |   | Delivery Schedule                                      |     |
|                  |   |                                                   |     |
| 3.                    |   | Price                                                  |     |
|                  |   |                                                   |     |
| 4.                    |   | Payment                                                |     |
|                  |   |                                                   |     |
| 5.                    |   | Miscellaneous                                          |     |
|                  |   |                                                   |     |
| TABLE                 |   |                                                   |     |
|                  |   |                                                   |     |
| 1.                    |   | Aircraft InformationDeleted by                         | SA 1     |
|                  |   |                                                   |     |
| 2.                    |   | Aircraft Information Table, Block A, Blcok B Aircraft  | SA 1     |
|                  |   |                                                   |     |
| 3.                    |   | Aircraft Information Table, Block C Aircraft           | SA 1     |
|                  |   |                                                   |     |
| EXHIBIT               |   |                                                   |     |
|                  |   |                                                   |     |
| A.                    |   | Aircraft ConfigurationDeleted by                       | SA 1     |
|                  |   |                                                   |     |
| Al                    |   | Aircraft Configuration, Block A, B Aircraft            | SA 1     |
|                  |   |                                                   |     |
| A2.                   |   | Aircraft Configuration, Block C Aircraft               | SA 1     |
|                  |   |                                                   |     |
| B.                    |   | Aircraft Delivery Requirements and Responsibilities    |     |
|                  |   |                                                   |     |
| SUPPLEMENTAL EXHIBITS |   |
|                  |   |
| AE1.                  |   | Escalation Adjustment/Airframe and Optional Features   |     |
|                  |   |                                                   |     |
| BFE1.                 |   | BFE VariablesDeleted by                                | SA 1     |
|                  |   |                                                   |     |
| BEF                   |   | BEF Variables, Block A, Block and Block C Aircraft     | SA 1     |
|                  |   |                                                   |     |
| CS1.                  |   | Customer Support Variables                             |     |
|                  |   |                                                   |     |
| EE1.                  |   | Engine Escalation/Engine Warranty and Patent Indemnity |     |

----

| SLP1.    Service Life Policy Components |   |
|-------------------------------------------------------------|--------|
|                                                        |   |
| LETTER AGREEMENTS                                           |   |
|                                                        |   |   |   |
| 3323-01                                                     |   | 737 Spare Parts Initial Provisioning |   |
|                                                        |   |   |   |
| 3323-02                                                     |   | Aircraft Model Substitution |   |
|                                                        |   |   |   |
| 3323-03                                                     |   | Boeing Purchase of Buyer Furnished Equipment |   |
|                                                        |   |   |   |
| 3323-04                                                     |   | Government Approval |   |
|                                                        |   |   |   |
| 3323-05                                                     |   | Loading of Customer Software |   |
|                                                        |   |   |   |
| 3323-06                                                     |   | Right to Purchase Additional Aircraft |   |
|                                                        |   |   |   |
| 3323-07                                                     |   | Seller Purchased Equipment |   |
|                                                        |   |   |   |
| 3323-08                                                     |   | Special Matters |   |
|                                                        |   |   |   |
| 6-1165-LY-403                                               |   | Special Matters, Block C Aircraft | SA1 |
|                                                        |   |   |   |
| 6-1165-CKR-1446                                             |   | Liquidated Damages Non-Excusable Delay |   |
|                                                        |   |   |   |
| 6-1165-CKR-1447                                             |   | Aircraft Performance Guarantees |   |
|                                                        |   |   |   |
| 6-1165-LY-404                                               |   | Aircraft Performance Gurantees, Block C Aircraft | SA1 |
|                                                        |   |   |   |
| 6-1165-CKR-1448                                             |   | Promotional Support (Follow-on Aircraft) |   |
|                                                        |   |   |   |
| 6-1165-CKR-1449                                             |   | Volume Agreement |   |
|                                                        |   |   |   |
| 6-1165-CKR-1450                                             |   | Payment Matters |   |
|                                                        |   |   |   |
| 6-I165-LY-405                                               |   | Payment Matters, Block C Aircraft | SA1 |
|                                                        |   |   |   |
| 6-1165-CKR-1451                                             |   | Shareholder Approval |   |
|                                                        |   |   |   |
| 6-1165-CKR-1452                                             |   | Clarifications and Understandings |   |
|                                                        |   |   |   |
| 6-1165-CKR-1454                                             |   | Special Escalation Program |   |
|                                                        |   |   |   |
| 6-1165-LY-407                                               |   | Special Escalation Program, Block C Aircraft | SA1 |

----

| Airframe Model/MTOW:                                      | 737-800    | 171500 pounds                                             | Detail Specification:                                       | DO19A001X1A38P-TBD (BSI) (1/29/2010) |
|----------------------------------------------------------------|------------|----------------------------------------------------------------|------------------------------------------------------------------|------------------------------------------------|
| Engine Model/Thrust:                                      | CFM56-7B24 | 24000 pounds                                              | Airframe Price Base Year/Escalation Formula: | Jul-07                                         | 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 (ECl):                          |                                                             | ***                                            |   |
| Aircraft Basic Price (Excluding BFE/SPE):  | ***        | Base Year Index (CPI):                          |                                                             | ***                                            |   |
| Buyer Furnished Equipment (BFE) Estimate:  | ***        |                                                           |                                                             |                                           |   |
| Seller Purchased Equipment (SPE) Estimate: | ***        |                                                           |                                                             |                                           |   |
|                                                           |       |                                                           |                                                             |                                           |   |
| Deposit per Aircraft:                                | $105,000   |                                                           |                                                             |                                           |   |

|     |           | Escalation |                                                                           |                                                                           | Escalation Estimate   | AdvancePayment Per Aircraft (Amts. Due/Mos. Prior to Delivery): |
|----------|----------------|------------|--------------------------------------------------------------------------------|--------------------------------------------------------------------------------|----------------------------|----------------------------------------------------------------------------------------------------|
| Delivery | Number of | Factor     |                                                                           |                                                                           | Adv Payment Base | At Signing                                                                                    | 24 Mos. | 21/18/12/9/6 Mos. | Total |
| Date     | Aircraft       | (Airframe) |                                                                           |                                                                           | Price Per A/P    | 1%                                                                                                 | 4% | 5% | 30% |
| Jan-2014 |   1       | ***        |               |               | ***                        | ***                                                                                                | *** | *** | *** |
| Apr-2014 |   1       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| May-2014 |   1       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Jun-2014 |   1       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Jul-2014 |   2       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Aug-2014 |   1       |  ***  |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Sep-2014 |   1       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Oct-2014 |   1       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Jan-2015 |   1       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Mar-2015 |   1       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| May-2015 |   1       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Jun-2015 |   1       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Jul-2015 |   2       | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |

| XIA-PA-03323 55021-1F.TXT | Boeing Proprietary | Page 1 |
|---------------------------|-------------------------|--------|

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|     |           | Escalation |                                                                           |                                                                           | Escalation Estimate   | AdvancePayment Per Aircraft (Amts. Due/Mos. Prior to Delivery): |
|----------|----------------|------------|--------------------------------------------------------------------------------|--------------------------------------------------------------------------------|----------------------------|----------------------------------------------------------------------------------------------------|
| Delivery | Number of | Factor     |                                                                           |                                                                           | Adv Payment Base | At Signing                                                                                    | 24 Mos. | 21/18/12/9/6 Mos. | Total |
| Date     | Aircraft       | (Airframe) |                                                                           |                                                                           | Price Per A/P    | 1%                                                                                                 | 4% | 5% | 30% |
| Aug-2015 | 2              | ***        |               |               | ***                        | ***                                                                                                | *** | *** | *** |
| Sep-2015 | 1              | ***        |                                                                           |                                                                           | ***                        | * * *                                                                                              | *** | *** | *** |
| Oct-2015 | 2              | ***        |                                                                           |                                                                           | ***                        | ***                                                                                                | *** | *** | *** |
| Total:   | 20             |       |                                                                           |                                                                           |                       |                                                                                               |   |   |   |

| XIA-PA-03323 55021-1F.TXT | Boeing Proprietary | Page 2 |
|---------------------------|-------------------------|--------|

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| Airframe Model/MTOW:                                      | 737-800                                  | 171500 pounds                                             | Detail Specification:                                       | XIA BSI SPEC TBD (1/29/2010) |
|----------------------------------------------------------------|------------------------------------------|----------------------------------------------------------------|------------------------------------------------------------------|--------------------------------------------------|
| Engine Model/Thrust:                                      | CFM56-7B24                               | 24000 pounds                                              | Airframe Price Base Year/Escalation Formula: |   Jul-08                               | 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: |       ***  |                                                           |                                                             |                                             |   |
|                                                           |                                     |                                                           |                                                             |                                             |   |
| Deposit per Aircraft:                                | $110,000                                 |                                                           |                                                             |                                             |   |

|     |      | Escalation |   |   | Escalation Estimate | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): |
|----------|-----------|------------|--------|--------|---------------------|------------------------------------------------------------------|
| Delivery | Number of | Factor     |   |   | Adv Payment Base    | At Signing                                                       | 24 Mos. | 21/18/12/9/6 Mos. | Total |
| Date     | Aircraft  | (Airframe) |   |   | Price Per A/P       | 1%                                                               | 4% | 5% | 30% |
| Jul-2015 | 1         | ***        |   |   | ***                 | ***                                                              | *** | *** | *** |
| Aug-2015 | 1         | ***        |   |   | ***                 | ***                                                              | *** | *** | *** |
| Sep-2015 | 2         | ***        |   |   | ***                 | ***                                                              | *** | *** | *** |
| Oct-2015 | 1         | ***        |   |   | ***                 | ***                                                              | *** | *** | *** |
| Dec-2015 | 1         | ***        |   |   | ***                 | ***                                                              | *** | *** | *** |
| Jan-2016 | 4         | ***        |   |   | ***                 | ***                                                              | *** | *** | *** |
| Total:   | 10        |       |   |   |                |                                                             |   |   |   |

| XIA-PA-03323 55373-1F.TXT | Boeing Proprietary | Page 1 |
|---------------------------|-------------------------|--------|

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| Exhibit Al_Block A, Block B Aircraft | BOEING PROPRIETARY | 9/6/2010-8:34 PM     |
|--------------------------------------|--------------------|------------------------------------------|

| CR     |   | ***Title |   | 2007 $PricePer A/C |
|--------|--------|----------|--------|--------------------|
|   |   |     |   |               |
|   |   |     |   |               |
|   |   |     |   |               |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 1 |
|----------------|--------------------|--------|

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| Exhibit A1_Block A, Block B Aircraft | BOEING PROPRIETARY | 9/6/2010-8:34 PM       |
|--------------------------------------|--------------------|------------------------------------------------------|

| CR     |         | ***Title |         | 2007 $PricePer A/C |
|--------|--------------|----------|--------------|------------------------------|
|   |    |     |    |                         |
|   |         |     |         |                         |
|   |         |     |         |                         |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 2 |
|----------------|--------------------|--------|

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| Exhibit A1_Block A, Block B Aircraft | BOEING PROPRIETARY | 9/6/2010-8:34 PM      |
|--------------------------------------|--------------------|------------------------------------------------|

| CR     |   | ***Title |   | 2007 $PricePer A/C |
|--------|--------|----------|--------|------------------------------|
|   |   |     |   |                         |
|   |   |     |   |                         |
|   |   |     |   |                         |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 3 |
|----------------|--------------------|--------|

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| Exhibit A1_Block A, Block B Aircraft | BOEING PROPRIETARY | 9/6/2010-8:34 PM       |
|--------------------------------------|--------------------|------------------------------------------------------|

| CR     |   | ***Title |   | 2007 $PricePer A/C |
|--------|--------|----------|--------|------------------------------|
|   |   |     |   |                         |
|   |   |     |   |                         |
|   |   |     |   |                         |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 4 |
|----------------|--------------------|--------|

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| Exhibit A1_Block A, Block B Aircraft | BOEING PROPRIETARY | 9/6/2010-8:34 PM       |
|--------------------------------------|--------------------|------------------------------------------------------|

| CR     |   | ***Title |   | 2007 $PricePer A/C |
|--------|--------|----------|--------|------------------------------|
|   |   |     |   |                         |
|   |   |     |   |                         |
|   |   |     |   |                         |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 5 |
|----------------|--------------------|--------|

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| Exhibit A2_Block C Aircraft | BOEING PROPRIETARY | 9/6/2010-8:36 PM      |
|-----------------------------|--------------------|------------------------------------------------|

| CR     |   | ***Title |   | 2008 $PricePer A/C |
|--------|--------|----------|--------|------------------------------|
|   |   |     |   |                         |
|   |   |     |   |                         |
|   |   |     |   |                         |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 1 |
|----------------|--------------------|--------|

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| Exhibit A2_Block C Aircraft | BOEING PROPRIETARY | 9/6/2010-8:36 PM       |
|-----------------------------|--------------------|------------------------------------------------------|

| CR     |   | ***Title |   | 2008 $PricePer A/C |
|--------|--------|----------|--------|------------------------------|
|   |   |     |   |                         |
|   |   |     |   |                         |
|   |   |     |   |                         |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 2 |
|----------------|--------------------|--------|

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| ExhibitA2_Block C Aircraft | BOEING PROPRIETARY | 9/6/2010-8:36 PM       |
|----------------------------|--------------------|------------------------------------------------------|

| CR     |   | ***Title |   | 2008 $PricePer A/C |
|--------|--------|----------|--------|------------------------------|
|   |   |     |   |                         |
|   |   |     |   |                         |
|   |   |     |   |                         |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 3 |
|----------------|--------------------|--------|

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| Exhibit A2_Block C Aircraft | BOEING PROPRIETARY | 9/6/2010-8:36 PM       |
|-----------------------------|--------------------|------------------------------------------------------|

| CR     |   | ***Title |   | 2008 $PricePer A/C |
|--------|--------|----------|--------|------------------------------|
|   |   |     |   |                         |
|   |   |     |   |                         |
|   |   |     |   |                         |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 4 |
|----------------|--------------------|--------|

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| Exhibit A2_Block C Aircraft | BOEING PROPRIETARY | 9/6/2010-8:36 PM       |
|-----------------------------|--------------------|------------------------------------------------------|

| CR     |   | ***Title |   | 2008 $PricePer A/C |
|--------|--------|----------|--------|------------------------------|
|   |   |     |   |                         |
|   |   |     |   |                         |
|   |   |     |   |                         |

| P.A. 3323 SA 1 | BOEING PROPRIETARY | Page 5 |
|----------------|--------------------|--------|

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| P.A. No. 3323 | BFE1-1             | SA 1   |
|---------------|--------------------|--------|
|          | BOEING PROPRIETARY |   |

----

| 1. | Supplier Selection. |
|----|---------------------|

| Galley System                     |   | January 2, 2013            |
|-----------------------------------|--------|-----------------------------------------------------|
|                              |   |                                                |
| Galley Inserts                    |   | January 2, 2013       |
|                              |   |                                                |
| Seats (passenger)                 |   | November 1, 2012                               |
|                              |   |                                                |
| Overhead & Audio System       |   | February 1, 2013                     |
|                              |   |                                                |
| In-Seat Video System              |   | November 1, 2012                               |
|                              |   |                                                |
| Miscellaneous Emergency Equipment |   | February 1, 2013                |
|                              |   |                                                |
| Cargo Handling Systems            |   | February 1, 2013                |

| P.A.No. 3323 | BFE1-2             | SA 1 |
|--------------|--------------------|-----------|
|         | BOEING PROPRIETARY |      |

----

| 2. | On-dock Dates |
|----|---------------|

| Item                             |   | Preliminary On-Dock Dates |
|----------------------------------|--------|-------------------------------------|
|                             |   | [Month of Delivery]       |
|                             |   |                                |   |   |
|                             |   | January 2014                   |   | April 2014 |
|                             |   | Aircraft                            |   | Aircraft |
| Seats                            |   | 11/18/2013                          |   | 2/21/2014 |
| Galleys/Furnishings              |   | 11/4/2013                           |   | 2/14/2014 |
| Antenna and Mounting Equipment   |   | 9/20/2013                           |   | 12/20/2013 |
| Avionics                         |   | 11/4/2013                           |   | 2/14/2014 |
| Cabin Systems Equipment          |   | 11/4/2013                           |   | 2/14/2014 |
| Miscellaneous Emergeny Equipment |   | 11/4/2013                           |   | 2/14/2014 |
| Textiles/Raw Material            |   | 7/22/2013                           |   | 10/23/2013 |
| Cargo Systems                    |   | 10/21//2013                         |   | 1/28/2014 |
| Provision Kits                   |   | 6/24/2013                           |   | 9/27/2013 |
| Radomes                          |   | 9/13/2013                           |   | 12/13/2013 |

| P.A. No. 3323 | BFE1-3             | SA 1   |
|---------------|--------------------|--------|
|          | BOEING PROPRIETARY |   |

----

| Item                             |   | Preliminary On-Dock Dates |
|----------------------------------|--------|-------------------------------------|
|                             |   | [Month of Delivery]       |
|                             |   |                                |   |   |
|                             |   | May 2014Aircraft               |   | June 2014Aircraft |
| Seats                            |   | 3/21/2014                           |   | 4/22/2014 |
| Galleys/Furnishings              |   | 3/14/2014                           |   | 4/15/2014 |
| Antenna and Mounting Equipment   |   | 1/21/2014                           |   | 2/21/2014 |
| Avionics                         |   | 3/14/2014                           |   | 4/15/2014 |
| Cabin Systems Equipment          |   | 3/14/2014                           |   | 4/15/2014 |
| Miscellaneous Emergeny Equipment |   | 3/14/2014                           |   | 4/15/2014 |
| Textiles/Raw Material            |   | 11/23/2013                          |   | 1/9/2014 |
| Cargo Systems                    |   | 2/28/2014                           |   | 4/2/2014 |
| Provision Kits                   |   | 10/28/2013                          |   | 12/2/2013 |
| Radomes                          |   | 1/14/2014                           |   | 3/14/2014 |

| Item                             |   | Preliminary On-Dock Dates |
|----------------------------------|--------|-------------------------------------|
|                             |   | [Month of Delivery]       |
|                             |   |                                |   |   |
|                             |   | July 2014 (2)Aircraft     |   | August 2014Aircraft |
| Seats                            |   | 5/21/2014                           |   | 6/20/2014 |
| Galleys/Furnishings              |   | 5/14/2014                           |   | 6/13/2014 |
| Antenna and Mounting Equipment   |   | 3/21/2014                           |   | 4/21/2014 |
| Avionics                         |   | 5/14/2014                           |   | 6/13/2014 |
| Cabin Systems Equipment          |   | 5/14/2014                           |   | 6/13/2014 |
| Miscellaneous Emergeny Equipment |   | 5/14/2014                           |   | 6/13/2014 |
| Textiles/Raw Material            |   | 2/7/2014                            |   | 3/10/2014 |
| Cargo Systems                    |   | 5/1/014                             |   | 5/30/2014 |
| Provision Kits                   |   | 1/2/2014                            |   | 1/30/2014 |
| Radomes                          |   | 4/14/2014                           |   | 5/13/2014 |

| P.A. No. 3323 | BFE1-4             | SA 1   |
|---------------|--------------------|--------|
|          | BOEING PROPRIETARY |   |

----

| Item                             |         | Preliminary On-Dock Dates |
|----------------------------------|--------------|-------------------------------------|
|                             |         | [Month of Delivery]       |
|                             |         |                                |   |   |
|                             |         | September 2014Aircraft         |   | October 2014Aircraft |
| Seats                            |         | 7/23/2014                           |   | 8/21/2014 |
| Galleys/Furnishings              |         | 7/16/2014                           |   | 8/14/2014 |
| Antenna and Mounting Equipment   |         | 5/23/2014                           |   | 6/20/2014 |
| Avionics                         |         | 7/16/2014                           |   | 8/14/2014 |
| Cabin Systems Equipment          |         | 7/16/2014                           |   | 8/14/2014 |
| Miscellaneous Emergeny Equipment |         | 7/16/2014                           |   | 8/14/2014 |
| Textiles/Raw Material            |         | 4/9/2014                            |   | 5/8/2014 |
| Cargo Systems                    |         | 7/2/2014                            |   | 7/31/2014 |
| Provision Kits                   |         | 3/3/2014                            |   | 3/31/2014 |
| Radomes                          |    | 6/16/2014                           |   | 7/14/2014 |

| Item                             |         | Preliminary On-Dock Dates |
|----------------------------------|--------------|-------------------------------------|
|                             |         | [Month of Delivery]       |
|                             |         |                                |   |   |
|                             |         | January 2015Aircraft           |   | March 2015Aircraft |
| Seats                            |         | 11/18/2014                          |   | 1/22/2015 |
| Galleys/Furnishings              |         | 11/11/2014                          |   | 1/15/2015 |
| Antenna and Mounting Equipment   |         | 9/18/2014                           |   | 11/23/2014 |
| Avionics                         |         | 11/11/2014                          |   | 1/15/2015 |
| Cabin Systems Equipment          |         | 11/11/2014                          |   | 1/15/2015 |
| Miscellaneous Emergeny Equipment |         | 11/11/2014                          |   | 1/15/2015 |
| Textiles/Raw Material            |         | 8/4/2014                            |   | 9/30/2014 |
| Cargo Systems                    |         | 10/28/2014                          |   | 1/2/2015 |
| Provision Kits                   |         | 6/27/2014                           |   | 9/2/2014 |
| Radomes                          |    | 9/11/2014                           |    | 12/15/2014 |

| P.A. No. 3323 | BFE1-5             | SA 1   |
|---------------|--------------------|--------|
|          | BOEING PROPRIETARY |   |

----

| Item                             |         | Preliminary On-Dock Dates |
|----------------------------------|--------------|-------------------------------------|
|                             |         | [Month of Delivery]       |
|                             |         |                                |   |   |
|                             |         | May 2015Aircraft               |   | June 2015Aircraft |
| Seats                            |         | 3/20/2015                           |   | 4/22/2015 |
| Galleys/Furnishings              |         | 3/13/2015                           |   | 4/15/2015 |
| Antenna and Mounting Equipment   |         | 1/20/2015                           |   | 2/23/2015 |
| Avionics                         |         | 3/13/2015                           |   | 4/15/2015 |
| Cabin Systems Equipment          |         | 3/13/2015                           |   | 4/15/2015 |
| Miscellaneous Emergeny Equipment |         | 3/13/2015                           |   | 4/15/2015 |
| Textiles/Raw Material            |         | 11/21/2014                          |   | 1/9/2015 |
| Cargo Systems                    |         | 2/27/2015                           |   | 4/1/2015 |
| Provision Kits                   |         | 10/28/2014                          |   | 12/1/2014 |
| Radomes                          |    | 1/14/2015                           |   | 3/16/2015 |

| Item                             |         | Preliminary On-Dock Dates |
|----------------------------------|--------------|-------------------------------------|
|                             |         | [Month of Delivery]       |
|                             |         |                                |   |   |
|                             |         | July 2015 (3)Aircraft     |   | August 2015 (3)Aircraft |
| Seats                            |         | 5/20/2015                           |   | 6/22/2015 |
| Galleys/Furnishings              |         | 5/13/2015                           |   | 6/15/2015 |
| Antenna and Mounting Equipment   |         | 3/20/2015                           |   | 4/15/2015 |
| Avionics                         |         | 5/13/2015                           |   | 6/15/2015 |
| Cabin Systems Equipment          |         | 5/13/2015                           |   | 6/15/2015 |
| Miscellaneous Emergeny Equipment |         | 5/13/2015                           |   | 6/15/2015 |
| Textiles/Raw Material            |         | 2/6/2015                            |   | 4/24/2015 |
| Cargo Systems                    |         | 4/29/2015                           |   | 6/1/2015 |
| Provision Kits                   |         | 12/23/2014                          |   | 2/2/2015 |
| Radomes                          |    | 4/13/2015                           |   | 5/15/2015 |

| P.A. No. 3323 | BFE1-6             | SA 1   |
|---------------|--------------------|--------|
|          | BOEING PROPRIETARY |   |

----

| Item                             |         | Preliminary On-Dock Dates  |
|----------------------------------|--------------|--------------------------------------|
|                             |         | [Month of Delivery]        |
|                             |         |                                 |   |   |
|                             |         | September 2015 (3)Aircraft |   | October 2015 (3)Aircraft |
| Seats                            |         | 7/23/2015                            |   | 8/21/2015 |
| Galleys/Furnishings              |         | 7/16/2015                            |   | 8/14/2015 |
| Antenna and Mounting Equipment   |         | 5/22/2105                            |   | 6/22/2015 |
| Avionics                         |         | 7/16/2015                            |   | 8/14/2015 |
| Cabin Systems Equipment          |         | 7/16/2015                            |   | 8/14/2015 |
| Miscellaneous Emergeny Equipment |         | 7/16/2015                            |   | 8/14/2015 |
| Textiles/Raw Material            |         | 4/9/2015                             |   | 5/8/2015 |
| Cargo Systems                    |         | 7/2/2015                             |   | 7/31/2015 |
| Provision Kits                   |         | 3/2/2015                             |   | 3/31/2015 |
| Radomes                          |    | 6/16/2015                            |   | 8/21/2015 |

| Item                             |         | Preliminary On-Dock Dates |
|----------------------------------|--------------|-------------------------------------|
|                             |         | [Month of Delivery]       |
|                             |         |                                |   |   |
|                             |         | December 2015Aircraft          |   | January 2016 (4)Aircraft |
| Seats                            |         | 10/22/2015                          |   | 11/18/2015 |
| Galleys/Furnishings              |         | 10/15/2015                          |   | 11/11/2015 |
| Antenna and Mounting Equipment   |         | 8/21/2015                           |   | 9/18/2015 |
| Avionics                         |         | 10/15/2015                          |   | 11/11/2015 |
| Cabin Systems Equipment          |         | 10/15/2015                          |   | 11/11/2015 |
| Miscellaneous Emergeny Equipment |         | 10/15/2015                          |   | 11/11/2015 |
| Textiles/Raw Material            |         | 7/10/2015                           |   | 8/6/2015 |
| Cargo Systems                    |         | 10/1/2015                           |   | 10/28/2105 |
| Provision Kits                   |         | 6/1/2015                            |   | 6/29/2015 |
| Radomes                          |    | 9/15/2015                           |   | 10/12/2015 |

| P.A. No. 3323 | BFE1-7             | SA 1   |
|---------------|--------------------|--------|
|          | BOEING PROPRIETARY |   |

----

| P.A. No. 3323 | BFE1-8             | SA 1   |
|---------------|--------------------|--------|
|          | BOEING PROPRIETARY |   |

----

|   | The Boeing CompanyP.O. Box 3707Seattle, WA 93124-2207 6-1165-LY-403 Xiamen Airlines22 Dailiao RoadXiamen, 361006Fujian ProvincePeople’s Republic of China                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        | Subject:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | Special Matters |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | Reference:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | Purchase Agreement No. 3323 (the Purchase Agreement) between The Boeing Company (Boeing) and Xiamen Airlines (Customer) relating to Model 737-85C Block C aircraft (Aircraft) |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   | This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement have the same meaning as in the Purchase Agreement. 1.         Escalatable Dollar Credit Memoranda.    Boeing will provide the following credit memoranda at the time of delivery of each Aircraft. These credit memoranda are expressed in July 2008 base year dollars, and are subject to escalation in accordance with the applicable escalation provisions of the Purchase Agreement.   1.1    Special Credit Memorandum.           ***     1.2    Customer Support Credit Memorandum.           ***   |

|   | P.A. No. 3323   |               | SA 1   |
|--------|-----------------|--------------------|--------|
|   | Special_Matters |               |   |
|   |            | BOEING PROPRIETARY |   |

----

|   | Xiamen Airlines6-1165-LY-403Page 2   1.3    Customer Loyalty Credit Memorandum.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |                                               ***                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   | 2.         Assignment.     The Credit Memoranda described in this Letter Agreement are provided as a financial accommodation to Customer in consideration of Customer’s becoming the operator of the Aircraft, and cannot be assigned, in whole or in part, without the prior written consent of The Boeing Company. 3.         Confidential Treatment.    Customer understands that the commercial and financial information contained in this Letter Agreement is considered by Boeing as confidential. Customer agrees that it will treat this Letter Agreement and the information contained herein as confidential and will not, without the prior written consent of Boeing, disclose this Letter Agreement or any information contained herein to any other person or entity except (a) as required by applicable law, governmental regulation or judicial process, (b) with the consent of Boeing, (c) to the counsel of providers of financing in connection with the Aircraft (each a "Finance Party"), (d) to bank examiners and auditors, (e) to any Finance Party or to any person with whom any Finance Party is in good faith conducting negotiations relating to the possible transfer and sale of such Finance Party's interest in the relevant Aircraft, if such entities described in (c), (d) and (e) shall have entered into an agreement similar to that contained in this clause whereby such entity agrees to hold such information confidential. |

|   | P.A. No. 3323   |               | SA 1   |
|--------|-----------------|--------------------|--------|
|   | Special_Matters |               |   |
|   |            | BOEING PROPRIETARY |   |

----

|   | Xiamen Airlines6-1165-LY-403Page 3  |   |
|--------|------------------------------------------|--------|
|   |                                     |   |
|   | Very truly yours,                        |   |
|   |                                     |   |   |
|   | THE BOEING COMPANY                       |   |
|   |                                     |   |

|   | By              |             |   |
|--------|-----------------|------------------|--------|
|   |   Its | Attorney-In-Fact |   |

|   | ACCEPTED AND AGREED TO this |   |
|--------|-----------------------------|--------|
|   |                        |   |   |
|   | Date: Sept. 30, 2010        |   |
|   |                        |   |   |
|   | XIAMEN AIRLINES        |   |
|   |                        |   |   |
|   | By                          |   |   |
|   |                        |   |   |
|   | Its                         |   |   |

|   | P.A. No. 3323   |               | SA 1   |
|--------|-----------------|--------------------|--------|
|   | Special_Matters |               |   |
|   |            | BOEING PROPRIETARY |   |

----

|   | The Boeing CompanyP.O Box 3707Seattle, WA 98124-2207 6-1165-LY-404 Xiamen Airlines22 Dailiao RoadXiamen, 361006Fujian ProvincePeople’s Republic of China                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        | Subject:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | Aircraft Performance Guarantees |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |
|   | Reference:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | Purchase Agreement No. 3323 (the Purchase Agreement) between The Boeing Company (Boeing) and Xiamen Airlines (Customer) relating to Model 737-85C Block C aircraft (the Aircraft) |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |
|   | This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement have the same meaning as in the Purchase Agreement. Boeing agrees to provide Customer with the performance guarantees in the Attachment These guarantees are exclusive and expire upon delivery of the Aircraft to Customer. Boeing and Customer understand that certain information contained in this Letter Agreement is considered to be confidential. The parties agree that they will treat this Letter Agreement and the information contained herein as confidential and will not, without the prior written consent of the other party, disclose this Letter Agreement or any information contained herein to any other person or entity except, (1) to those of their respective legal counsel, auditors, accountants, insurance brokers and other advisers who have a need to know the information for purposes of interpreting Customer's rights or interpreting or performing Customer's obligations under the Purchase Agreement, subject to such parties' written agreements that they will treat the information as confidential, (2) to a bank for the sole purpose of financing of the purchase of such Aircraft and subject to such bank's written agreement that it will treat the information as confidential, (3) as required by the rules of any stock market applicable to the parties on condition that the party wishing to make such disclosure shall first use reasonable efforts to seek relief from the risk of disclosure to competitors or others with whom either of the parties has business relations of information which might be detrimental to the interest of either of the parties, or (4) as may be required by applicable law. |

|   | P.A. No. 3323                                    | SA 1               |
|--------|--------------------------------------------------|--------------------|
|   | Aircraft_Performance_Guarantees_Block C Aircraft |               |
|   |                                             | BOEING PROPRIETARY |   |

----

|   | Xiamen Airlines6-1165-LY-404Page 2 |   |
|--------|------------------------------------|--------|
|   |                          |   |
|   | Very truly yours,                  |   |
|   |                               |   |   |
|   | THE BOEING COMPANY       |   |

|   | By        |             |   |
|--------|-----------|------------------|--------|
|   |  Its | Attorney-In-Fact |   |

|   | ACCEPTED AND AGREED TO this |   |
|--------|-----------------------------|--------|
|   | Date: Sept. 30, 2010        |   |
|   |                        |   |   |
|   | XIAMEN AIRLINES             |   |
|   |                        |   |   |
|   | By                          |   |   |
|   |                        |   |   |
|   | Its                         |   |   |

|   | P.A. No. 3323                                    | SA 1               |
|--------|--------------------------------------------------|--------------------|
|   | Aircraft_Performance_Guarantees_Block C Aircraft |               |
|   |                                             | BOEING PROPRIETARY |   |

----

| SECTION |         | CONTENTS                     |   |
|---------|--------------|------------------------------|--------|
|    |         |                         |   |
| 1       |         | AIRCRAFT MODEL APPLICABILITY |   |
|    |         |                         |   |
| 2       |         | FLIGHT PERFORMANCE           |   |
|    |         |                         |   |
| 3       |         | MANUFACTURER'S EMPTY WEIGHT  |   |
|    |         |                         |   |
| 4       |         | AIRCRAFT CONFIGURATION       |   |
|    |         |                         |   |
| 5       |         | GUARANTEE CONDITIONS         |   |
|    |         |                         |   |
| 6       |         | GUARANTEE COMPLIANCE         |   |
|    |         |                         |   |
| 7       |    | EXCLUSIVE GUARANTEES         |   |

| P.A. No. 3323        |               |      |
|----------------------|--------------------|-----------|
| AERO-B-BBA4-M10-0591 |               | SS10-0338 |
|                 | BOEING PROPRIETARY |      |

----

| 1 | AIRCRAFT MODEL APPLICABILITY |
|---|------------------------------|

| 2 | FLIGHT PERFORMANCE |
|---|--------------------|

| 2.1 | Takeoff |
|-----|---------|

| 2.2 | Landing |
|-----|---------|

| 2.3 | Speed |
|-----|-------|

| P.A. No. 3323        |               |      |
|----------------------|--------------------|-----------|
| AERO-B-BBA4-M10-0591 |               | SS10-0338 |
|                 | BOEING PROPRIETARY |      |

----

| 2.4 | Cruise Fuel Mileage |
|-----|---------------------|

| 2.5 | Mission |
|-----|---------|

| 2.5.1 | Mission Payload |
|-------|-----------------|

| PA. No. 3323         |               |      |
|----------------------|--------------------|-----------|
| AERO-B-BBA4-M10-0591 |               | SS10-0338 |
|                 | BOEING PROPRIETARY |      |

----

| P.A. No. 3323        |               |      |
|----------------------|--------------------|-----------|
| AERO-B-BBA4-M10-0591 |               | SS10-0338 |
|                 | BOEING PROPRIETARY |      |

----

| 2.5.2 | Manufacturer's Empty Weight Basis |
|-------|-----------------------------------|

| P.A. No. 3323        |               |      |
|----------------------|--------------------|-----------|
| AERO-B-BBA4-M10-059l |               | SS10-0338 |
|                 | BOEING PROPRIETARY |      |

----

| 2.5.3  | 737-800 Weight Summary - Xiamen Airlines |
|-------------|------------------------------------------|

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Pounds |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Standard Model Specification MEW                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| Configuration Specification D019A001, Rev. N                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |
| Dated January 29, 2010                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
| 175 Tourist Class Passengers                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |
| CFM56-7 Engines                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
| Standard Capacity Steel Brakes                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 156,000 Pounds (70,760 kg.) Maximum Taxi Weight                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
| 6,875 U.S. Gallons (26,024 l.) Fuel Capacity                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |
| Changes for Xiamen Airlines                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
| Interior Change to 170 (8 FC/162TC) Passengers*                                                                      *** |   |
| (Ref: LOPA 377-2256 Revision B) (BSI interior)                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 172,000 Pounds (78,017 kg.) Maximum Taxi Weight                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
| Audio Entertainment System                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
| Video Entertainment System                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
| Cargo Compartment Heavy Duty Linings and Panels (Fwd and Aft)                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
| Extended Operations (ETOPS)                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
| 60 Minute Standby Power                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Centerline Overhead Stowage Compartments (3)                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |
| Winglets                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |
| Additional Change Requests Allowance (Incl. Dual HF / Triple VHF)                                                                                                                                                                                                                                                                                                                                                                                                                 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Xiamen Airlines Manufacturer's Empty Weight (MEW)                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |
| Standard and Operational Items Allowance                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |
| (Paragraph 2.5.4)                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |
| Xiamen Airlines Operational Empty Weight (OEW)                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |

|                                       |         | Quantity     |         | Pounds |         | Pounds |
|--------------------------------------------|--------------|--------------|--------------|--------|--------------|--------|
|                                       |         |         |         |   |         |   |
| * Seat Weight Included:                    |         |         |         |   |         |   |
|                                       |         |         |         | ***    |         |   |
| First Class Doubles w/2 In-Arm Food Trays  |         |         |         |   |         |   |
| Tourist Class Triple                       |         |         |         |   |         |   |
| Tourist Class Triple w/3 In-Arm Food Trays |    |    |    |   |    |   |

| AERO-B-BBA4-M10-0591 | SS10-0338 |
|----------------------|-----------|

----

| 2.5.4  | Standard and Operational Items Allowance |
|-------------|------------------------------------------|

|                                           |         | Quantity |         | Pounds |         | Pounds |         | Pounds |
|------------------------------------------------|--------------|----------|--------------|--------|--------------|--------|--------------|--------|
|                                           |         |     |         |   |         |   |         |   |
| Standard Items Allowance                       |         |     |         |   |         |   |         |   |
|                                           |         |     |         |   |         |   |         |   |
| Unusable Fuel                                  |         |     |         |   |         |   |         |   |
| Oil                                            |         |     |         |   |         |   |         |   |
| Oxygen Equipment                               |         |     |         |   |         |   |         |   |
| Passenger Portable                             |         |     |         |   |         |   |         |   |
| Crew Masks and Goggles                         |         |     |         |   |         |   |         |   |
| Miscellaneous Equipment                        |         |     |         |   |         |   |         |   |
| Crash Axe                                      |         |     |         |   |         |   |         |   |
| Megaphones                                     |         |     |         |   |         |   |         |   |
| Flashlights                                    |         |     |         |   |         |   |         |   |
| Smoke Hoods                                    |         |     |         |   |         |   |         |   |
| Galley Structure & Fixed Inserts           |         |     |         |   |         |   |         |   |
|                                           |         |     |         |   |         |   |         |   |
| Operational Items Allowance                    |         |     |         |   |         |   |         |   |
|                                           |         |     |         |   |         |   |         |   |
| Crew and Crew Baggage                          |         |     |         | ***    |         |   |         |   |
| Flight Crew                                    |         |     |         |   |         |   |         |   |
| Cabin Crew                                     |         |     |         |   |         |   |         |   |
| Navigation Bags & Manuals                  |         |     |         |   |         |   |         |   |
| Catering Allowance & Removable Inserts     |         |     |         |   |         |   |         |   |
| First Class                                    |         |     |         |   |         |   |         |   |
| Tourist Class                                  |         |     |         |   |         |   |         |   |
| Crew                                           |         |     |         |   |         |   |         |   |
| Galley Carts: 2 Half Size and 8 Full Size      |         |     |         |   |         |   |         |   |
| Passenger Service Equipment                    |         |     |         |   |         |   |         |   |
| Potable Water#60 USG                           |         |     |         |   |         |   |         |   |
| Waste Tank Disinfectant                        |         |     |         |   |         |   |         |   |
| Emergency Equipment                            |         |     |         |   |         |   |         |   |
| Escape Slides - Forward                        |         |     |         |   |         |   |         |   |
| Escape Slides - Aft                            |         |     |         |   |         |   |         |   |
| Life Vests - Crew and Passengers               |         |     |         |   |         |   |         |   |
| Life Rafts                                     |         |     |         |   |         |   |         |   |
| Auto Radio Beacon (ELT)                        |         |     |         |   |         |   |         |   |
|                                           |         |     |         |   |         |   |         |   |
| Total Standard and Operational Items Allowance |    |     |    |   |    |   |    |   |

| AERO-B-BBA4-M10-0591 | SS10-0338 |
|----------------------|-----------|

----

| 3  | MANUFACTURER'S EMPTY WEIGHT |
|---------|-----------------------------|

| 4  | AIRCRAFT CONFIGURATION |
|---------|------------------------|

| 4.1 | The guarantees contained in this Attachment are based on the Aircraft configuration as defined in the original release of Detail Specification D019A001XIA38P-2 (hereinafter referred to as the Detail Specification). Appropriate adjustment shall be made for changes in such Detail Specification approved by the Customer and Boeing or otherwise allowed by the Purchase Agreement which cause changes to the flight performance and/or weight and balance of the Aircraft. Such adjustment shall be accounted for by Boeing in its evidence of compliance with the guarantees. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2 | The guarantee payload of Paragraph 2.5.1 will be adjusted by Boeing for the effect of the following on MEW and the Manufacturer's Empty Weight guarantee of Section 3 will be adjusted by Boeing for the following in its evidence of compliance with the guarantees: |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5  | GUARANTEE CONDITIONS |
|---------|----------------------|

| 5.1 | All guaranteed performance data are based on the International Standard Atmosphere (ISA) and specified variations therefrom; altitudes are pressure altitudes. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2 | The Federal Aviation Administration (FAA) regulations referred to in this Attachment are, unless otherwise specified, the 737-800 Certification Basis regulations specified in the Type Certificate Data Sheet A16WE, Revision 41, dated July 31. 2007. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| AERO-B-BBA4-M10-0591 | SS10-0338 |
|----------------------|-----------|

----

| 5.3 | In the event a change is made to any law, governmental regulation or requirement, or in the interpretation of any such law, governmental regulation or requirement that affects the certification basis for the Aircraft as described in Paragraph 5.2, and as a result thereof, a change is made to the configuration and/or the performance of the Aircraft in order to obtain certification, the guarantees set forth in this Attachment shall be appropriately modified to reflect any such change. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.4 | The takeoff and landing guarantees, and the takeoff portion of the mission guarantee are based on hard surface, level and dry runways with no wind or obstacles, no clearway or stopway, 225 mph tires, with Category C brakes and anti-skid operative, and with the Aircraft center of gravity at the most forward limit unless otherwise specified. The takeoff performance is based on no engine bleed for air conditioning or thermal anti-icing and the Auxiliary Power Unit (APU) turned off unless otherwise specified. The improved climb performance procedure will be used for takeoff as required. The landing performance is based on the use of automatic spoilers. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.5 | The speed and cruise fuel mileage guarantees, and the climb, cruise and descent portions of the mission guarantee include allowances for normal power extraction and engine bleed for normal operation of the air conditioning system. Normal electrical power extraction shall be defined as not less than a 50 kilowatts total electrical load. Normal operation of the air conditioning system shall be defined as pack switches in the "Auto" position, the temperature control switches in the "Auto" position that results in a nominal cabin temperature of 75°F, and all air conditioning systems operating normally. This operation allows a maximum cabin pressure differential of 8.35 pounds per square inch at higher altitudes, with a nominal Aircraft cabin ventilation rate of 3,300 cubic feet per minute including passenger cabin recirculation (nominal recirculation is 47 percent). The APU is turned off unless otherwise specified. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.6 | The speed and cruise fuel mileage guarantees, and the climb, cruise and descent portions of the mission guarantee are based on an Aircraft center of gravity location, as determined by Boeing, not to be aft of 26.2 percent of the mean aerodynamic chord. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.7 | Performance, where applicable, is based on a fuel Lower Heating Value (LHV) of 18,580 BTU per pound and a fuel density of 6.5 pounds per U.S. gallon. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------|

| AERO-B-BBA4-M10-0591 | SS10-0338 |
|----------------------|-----------|

----

| 6  | GUARANTEE COMPLIANCE |
|---------|----------------------|

| 6.1 | Compliance with the guarantees of Sections 2 and 3 shall be based on the conditions specified in those sections, the Aircraft configuration of Section 4 and the guarantee conditions of Section 5. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | Compliance with the takeoff and landing guarantees and the takeoff portion of the mission guarantee shall be based on the FAA approved Airplane Flight Manual for the Model 737-800. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | Compliance with the speed and cruise fuel mileage guarantees, and the climb, cruise and descent portions of the mission guarantee shall be established by calculations based on flight test data obtained from an aircraft in a configuration similar to that defined by the Detail Specification. |
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| 6.4 | The OEW used for compliance with the mission guarantee shall be the actual MEW plus the Standard and Operational Items Allowance in Paragraph 2.5.4. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.5 | Compliance with the Manufacturer's Empty Weight guarantee shall be based on information in the "Weight and Balance Control and Loading Manual - Aircraft Report." |
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| 6.6 | The data derived from tests shall be adjusted as required by conventional methods of correction, interpolation or extrapolation in accordance with established engineering practices to show compliance with these guarantees. |
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| 6.7 | Compliance shall be based on the performance of the airframe and engines in combination, and shall not be contingent on the engine meeting its manufacturer's performance specification. |
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| 7 | EXCLUSIVE GUARANTEES |
|---|----------------------|

| AERO-B-BBA4-M10-0591 | SS10-0338 |
|----------------------|-----------|

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|   | The Boeing CompanyP.O. Box 3707Seattle, WA 98124-2207 6-1165-LY-405 Xiamen Airlines22 Dailiao RoadXiamen, 361006Fujian ProvincePeople’s Republic of China                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        | Subject:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Payment Matters |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
|   | Reference:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | Purchase Agreement No. 3323 (the Purchase Agreement) between The Boeing Company (Boeing) and Xiamen Airlines (Customer) relating to Model 737-85C Block C aircraft (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.           Advance Payments for the Aircraft - Due on the Effective Date of the Purchase Agreement.It is understood that Customer’s ability to make advance payments described in Article 4.2 of the Purchase Agreement may be impacted due to monetary issues, therefore Boeing agrees that all advance payments due on the effective date of the Purchase Agreement, as specified in Article 4.2, may be deferred without interest until ten business days after the effective date of the Purchase Agreement, by which time Customer will pay all advance payments specified in the Purchase Agreement as being due on or before that date.2.           Other Scheduled Advance Payments.As defined in Article 4 of the Purchase Agreement, advance payments are required for each Aircraft in the percentages and at the times shown in Table 3 of the Purchase Agreement. The remainder of the Aircraft purchase price is due at delivery of each Aircraft. |

|   |         | P.A. No. 3323   |         | SA 1   |
|--------|--------------|-----------------|--------------|--------|
|   |    | Payment_Matters |    |   |

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|   | Xiamen Airlines6-1165-LY-405Page 2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
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|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   | 3.           Remedy for Non Payment of Advance Payments.Should Customer fail to make any advance payments, which are due pursuant to the Purchase Agreement, then Customer would provide notice to Boeing in writing on or before the day that an advance payment is due that they will be unable to meet the payment due date and will have (20) days to provide a resolution that is acceptable to Boeing (Notification Period). If, after the Notification Period has passed, no mutually satisfactory resolution has been reached, and Customer is still in arrears on the payment, then Boeing reserves all its rights and remedies, under the Purchase Agreement, including but not limited to: (i) rescheduling of Aircraft; (ii) cessation of activities related to the build of such Aircraft; and (iii) any other remedies which may be available to Boeing. Boeing will provide Customer ten days advance notice of any such Aircraft rescheduling, and will not reschedule such Aircraft if advance payments on all Aircraft are current prior to the expiration of such ten day notification period. |
|   | 4.           Effect of Aircraft Rescheduling.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   | If Boeing reschedules any Aircraft under the above provisions, then Customer and Boeing will complete a Supplemental Agreement to document the revised Aircraft delivery schedules within thirty (30) days after the ten day advance notice is given. Boeing agrees that all advance payments due on the effective date of the Supplemental Agreement may be deferred (without interest or penalty fees) ten business days, by which time Customer will pay all advance payments specified in the Supplemental Agreement as being due on or before that date.5.            Confidential Treatment.The information contained herein represents confidential business information and has value precisely because it is not available generally or to other parties. Customer will limit the disclosure of its contents to employees of Customer with a need to know the contents for purposes of helping Customer perform its obligations under the Purchase Agreement and who understand they are not to disclose its contents to any other person or entity without the prior written consent of Boeing.         |

|   |         | P.A. No. 3323   |         | SA 1   |
|--------|--------------|-----------------|--------------|--------|
|   |    | Payment_Matters |    |   |

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|   | Xiamen Airlines6-1165-LY-405Page 3 |
|--------|------------------------------------|
|   |                               |
|   | Very truly yours,                  |

|   | THE BOEING COMPANY  |
|--------|--------------------------|
|   | By                       |   |   |
|   |  Its                | Attorney-In-Fact |   |

|   | ACCEPTED AND AGREED TO this |
|--------|-----------------------------|
|   |                        |
|   | Date: Sept. 30, 2010        |
|   |                        |
|   | XIAMEN AIRLINES             |
|   |                        |
|   | By                          |   |   |
|   |                        |   |   |
|   | Its                         |   |   |

|   |         | P.A. No. 3323   |         | SA 1   |
|--------|--------------|-----------------|--------------|--------|
|   |    | Payment_Matters |    |   |

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|   | The Boeing CompanyP.O. Box 3707Seattle, WA 98124-2207 |
|--------|-------------------------------------------------------|

|   | 6-1165-LY-407 Xiamen Airlines22 Dailiao RoadXiamen, 361006Fujian ProvincePeople’s Republic of China |
|--------|----------------------------------------------------------------------------------------------------------------|

|   | Subject:   | Special Escalation Program                                                                                                                                                        |
|--------|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |       |                                                                                                                                                                              |
|   | Reference: | Purchase Agreement No. 3323 (the Purchase Agreement) between The Boeing Company (Boeing) and Xiamen Airlines (Customer) relating to Model 737-85C Block C aircraft (the Aircraft) |

|   | This Letter Agreement amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement have the same meaning as in the Purchase Agreement. 1.            Aircraft Applicability. The terms of this Letter Agreement are applicable only to the firm Aircraft included in Table 3 of the Purchase Agreement at the time of signing, that have scheduled Delivery Dates during the time period through July 2016 (the Included Aircraft). 2.            Airframe Price Adjustment.               *** |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |         | P.A. No. 3323                               |         | SA 1   |
|--------|--------------|---------------------------------------------|--------------|--------|
|   |    | Special_Escalation_Program_Block C Aircraft |    |   |

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|   | Xiamen Airlines6-1165-LY-407Page 2 3.            Special Escalation Program Factor. The Escalation Factor established in paragraph 2 above will be compared with the Special Escalation Program Factor for the corresponding delivery month and year set forth on Attachment 1 hereto. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3.1           If the Escalation Factor established in paragraph 2 is less than, or equal to, the Special Escalation Program Factor set forth on Attachment 1, such Escalation Factor shall be utilized to determine the final Aircraft Price at time of delivery. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3.2           If the Escalation Factor established in paragraph 2 is greater than the Special Escalation Program Factor set forth on Attachment 1, the Special Escalation Program Factor shall be utilized to determine the final Aircraft Price at time of delivery. 4.            Credit Memoranda. All credit memoranda for the Included Aircraft that are defined in the Purchase Agreement as being escalated to delivery will be escalated in accordance with the above terms. 5.            Advance Payment Base Price. The Advance Payment Base Price for each Included Aircraft will be calculated pursuant to ARTICLE 3.2 of the Purchase Agreement. 6.            Aircraft Not Included. Aircraft that deliver after the time period set forth in Paragraph 1. above (the Not Included Aircraft) shall be escalated in accordance with the methodology set forth in Paragraph 2. above, using actual escalation, except that the starting point shall be from the July 2016 escalation factor, utilizing either the Escalation Factor or the Special Escalation Program Factor, that was actually employed pursuant to Paragraph 3. above. As such, the Not Included Aircraft will benefit from the Special Escalation Program as set forth above until July 2016. Escalation subsequent to that time will be in accordance with the standard escalation provisions of Supplemental Exhibit AE1 of the Purchase Agreement. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |         | P.A. No. 3323                               |         | SA 1   |
|--------|--------------|---------------------------------------------|--------------|--------|
|   |    | Special_Escalation_Program_Block C Aircraft |    |   |

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|     | Xiamen Airlines6-1165-LY-407Page 3 7.           Confidential Treatment. Customer understands that the commercial and financial information contained in this Letter Agreement is considered by Boeing as confidential. Customer agrees that it will treat this Letter Agreement and the information contained herein as confidential and will not, without the prior written consent of Boeing, disclose this Letter Agreement or any information contained herein to any other person or entity except (a) as required by applicable Law, governmental regulation or judicial process, (b) with the consent of Boeing, (c) to the counsel of providers of financing in connection with the Aircraft (each a "Finance Party"), (d) to bank examiners and auditors, (e) to any Finance Party or to any Person with whom any Finance Party is in good faith conducting negotiations relating to the possible transfer and sale of such Finance Party's interest in the relevant Aircraft, if such entities described in (c), (d) and (e) shall have entered into an agreement similar to that contained in this Clause whereby such entity agrees to hold such information confidential. |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |         | P.A. No. 3323                               |         | SA 1   |
|--------|--------------|---------------------------------------------|--------------|--------|
|   |    | Special_Escalation_Program_Block C Aircraft |    |   |

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|   | Xiamen Airlines6-1165-LY-407Page 4 |
|--------|------------------------------------|
|   |                          |
|   | Very truly yours,                  |
|   |                               |
|   | THE BOEING COMPANY                 |

|   | By        |             |   |
|--------|-----------|------------------|--------|
|   |  Its | Attorney-In-Fact |   |

|   | ACCEPTED AND AGREED TO this |
|--------|-----------------------------|
|   |                        |
|   | Date: Sept. 30, 2010        |
|   |                        |
|   | XIAMEN AIRLINES             |
|   |                        |
|   | By                          |   |   |
|   |                        |   |
|   | Its                         |   |   |

|   |         | P.A. No. 3323                               |         | SA 1   |
|--------|--------------|---------------------------------------------|--------------|--------|
|   |    | Special_Escalation_Program_Block C Aircraft |    |   |

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| Calendar Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|--------------------|-----|-----|-----|-----|-----|-----|-----|-----|-----|-----|-----|-----|
| 2015               | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** |
| 2016               | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** |

| P.A. No. 3323                               | SA 1   |
|---------------------------------------------|--------|
| Special_Escalation_Program_Block C Aircraft |   |
| BOEING PROPRIETARY                          |

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