Document:

Exhibit 4.24

 

***INDICATES CONFIDENTIAL MATERIAL OMITTED PURSUANT TO A REQUEST
FOR CONFIDENTIAL TREATMENT AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION SEPARATELY WITH A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

The Boeing Company

P.O. Box 3707

Seattle, WA 98124-2207

 

September 15, 2011

6-1165-REW-390R4

 

China Eastern Airlines Corporation, Ltd.

2550 Hongqiao Road

Shanghai 200335

People’s Republic of China

 

Subject:                 Boeing 787 Aircraft Delivery Delay Settlement Agreement

 

		References:	(I)        Purchase
Agreement No. 2529 (Purchase Agreement) between The Boeing Company (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer)
relating to Model 787-89P aircraft (CEA Aircraft)

 

(2)        Purchase
Agreement No, 2534 (Purchase Agreement) between The Boeing Company (Boeing) and Shanghai Airlines Company Limited (Customer) relating
to Model 787-86D Aircraft (SHA Aircraft)

 

(3)        Boeing
Letter 6-1165-CKR-950, Liquidated Damages –  Non-Excusable Delay, PA No. 2529

 

(4)        Boeing
Letter 6-1165-APA-2273, Liquidated Damages – Non-Excusable Delay, PA No. 2534

 

(5)        Boeing
Letter 6-1165-REW-391R4, Proposal for 737-89P Aircraft, dated September 15,2011

 

This agreement (Settlement Agreement) amends and supplements
the reference (1) and (2) Purchase Agreements, All terms used but not defined in this Settlement Agreement have the same meaning
as in the Purchase Agreement.

 

		1.	Substituted Aircraft,

 

The Revised Delivery Month schedule set
forth below reflects Boeing’s agreement to relieve Customer of its obligation to take delivery of all fifteen (15) originally
scheduled CEA Aircraft (CEA Substituted Aircraft) and all nine (9) originally scheduled SHA Aircraft (SHA Substituted Aircraft)
under the Purchase Agreements in exchange for Customer’s agreement to take delivery of forty-five (45) 737-89P aircraft per
the reference (5) proposal.

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

6-1165-REW-390R4; September 15, 2011

Page 2

 

	Original CEA Schedule

Month	 	Revised CEA Delivery

Month
	June 2008	 	Substituted
	June 2008	 	Substituted
	August 2008	 	Substituted
	August 2008	 	Substituted
	July 2009	 	Substituted
	July 2009	 	Substituted
	September 2009	 	Substituted
	November 2009	 	Substituted
	December 2009	 	Substituted
	January 2010	 	Substituted
	February 2010	 	Substituted
	May 2010	 	Substituted
	June 2010	 	Substituted
	July 2010	 	Substituted
	August 2010	 	Substituted

 

	Original SHA Schedule

Month	 	Revised SHA Delivery

Month
	June 2008	 	Substituted
	February 2009	 	Substituted
	June 2009	 	Substituted
	February 2010	 	Substituted
	June 2010	 	Substituted
	February 2011	 	Substituted
	June 2011	 	Substituted
	March 2012	 	Substituted
	April 2012	 	Substituted

 

		2.	Consideration.

 

For purposes of
resolving all issues in respect of the delay in the delivery of Customer’s 787 Aircraft under the original schedule of
the Purchase Agreements, Boeing and Customer agree to the aircraft substitution set forth in Article 1 above and that the
provisions of the reference (3) Letter Agreement (6-1165-CKR-0950, Liquidated Damages - Non-Excusable Delay) and reference
(4) Letter Agreement (6-1165-APA-2273, Liquidated Damages - Non-Excusable Delay) are superseded by this Settlement Agreement. In
so doing, Boeing and Customer waive and release any of their rights or obligations and remedies under the Purchase Agreement,
except as agreed herein.

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

6-1165-REW-390R4; September 15, 2011

Page 3

 

		3.	Compensation.

 

Boeing will provide compensation to
Customer in the *** per the reference (5) proposal Customer is entitled to this compensation on a per aircraft basis only
upon delivery of each 737-89P aircraft.

 

Boeing will also provide additional compensation to Customer
for 787 advanced payments previously provided to Boeing by Customer. This compensation is further described in Article 4.1 and
4,4 below.

 

Customer recognize that Boeing has previously advanced to Shanghai
Airlines the amount of *** as part of this 787 settlement per Letter Agreement 6-1165-APA-2791, 787 Delivery Delay Announced
October 10, 2007 dated November 30, 2007.

 

		4.	Advance Payments.

 

Customer has provided advanced payments
for the original CEA fifteen (15) 787-89P Aircraft ***will be increased in amount and subsequently distributed as follows;

 

4.1 Boeing will use **** This payment will
be added to the funds ***held by Boeing going forward to apply toward 737 advanced payments but will not be  included in
the dollar day calculations as described in Article 4.4.

 

4.2 Customer is currently in *** aircraft
to be delivered under Purchase Agreements 3026 and 3025. At the time of acceptance of this Settlement Agreement, ***

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

6-1165-REW-390R4; September 15, 2011

Page 4

 

4.3  At the time of signing a
definitive agreement (DA) for the forty-five (45) 737-89P aircraft in accordance with the reference (5) proposal, Customer
will owe Boeing *** on each such aircraft totaling  ***

 

4.4  ***

 

4.5  Boeing will provide an Advanced Payment
Summary for the 737 Model Aircraft under CEA PA 3309 and SHA PA 3025 and 3026 at Definitive Agreement per the reference (5) proposal
and subsequently inform Customer when the above 787-8 advanced payment amount described within Articles 4.1 and 4.4 above will
be depleted and the first required advanced payments under CEA PA 3309 and SHA PA 3025 and 3026 are due.

 

		5.	Effect on Purchase Agreement 2529 and 2534.

 

The Purchase Agreements will be terminated
per Letter Agreement 6-1165- REW-403R4, Termination Agreement for PA 2529 and PA 2534 between Boeing and Customer upon acceptance
of this settlement agreement.

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

6-1165-REW-390R4; September 15, 2011

Page 5

 

The termination of the Purchase Agreements will have no effect
upon the rights or obligations of Customer relative to the protection of Proprietary Material and all Proprietary Information received
by Customer in connection with the Purchase Agreement, and such rights and obligations shall survive such termination. The terms
and conditions of AGTA-CEA and AGTA-SHA (AGTA) shall survive termination of the Purchase Agreements,

 

Therefore, all Boeing provided services and, training in the
Purchase Agreements, including but not limited to what is contained In Supplemental Exhibit CSI, Customer Support Variables and
Letter Agreements 6-1165-CKR-I084, Customer Support Matters (PA 2529) and Letter Agreements 6-1165-APA-2369R.I, Customer Support
Matters (PA 2534), shall not apply. Furthermore, the provisions of the reference (3) Letter Agreement (6-1165-CKR-Q950, Liquidated
Damages-Non-Excusable Delay) for the (15) original 787-89P Aircraft and the reference (4) Letter Agreement (6-1165- APA-2273, Liquidated
Damages - Non-Excusable Delay) for the (9) original 787-86D Aircraft have been superseded by this Settlement Agreement.

 

		6.	Additional Terms and Conditions of Settlement Agreement

 

The Settlement Agreement described herein is conditioned on
and subject to the following terms and conditions:

 

6.1       ***

 

6.2        For
the avoidance of doubt, for the Substituted Aircraft, Customer waives all rights and remedies for any and all aircraft flight performance
or delivery delay issues. This Settlement Agreement provides for the only compensation as a result of delays-, to the original
schedule of787-89P and 787- 86D Aircraft under the respective Purchase Agreements.

 

6.3        This
Settlement Agreement, the Termination Agreements for PA 2529 and 2534 noted in Article 5 and the Definitive Agreement for the purchase
of the forty-five (45) 737-89P Aircraft shall be executed concurrently.

 

In the event that Customer and Boeing do not execute this Settlement
Agreement by the date set forth in Article 6,1 above, or reach another agreement within a reasonable time, and Customer desires
to terminate all twenty four (24) 787-8 Aircraft under tire existing Purchase Agreements, by executing the Termination Agreements
for PA 2529 and 2534 and rejecting this Settlement Agreement proposal, Boeing agrees to return to Customer all advanced payments
made without interest and without any additional compensation as described within Article 4.1 above. Furthermore, all terms and
conditions as described within this Settlement Agreement, including the compensation identified within Article 3 above, would not
be provided and the reference (5) proposal for forty-five (45) 737-89P Aircraft would be void. Prior to return of the advanced
payments, Boeing would deduct the amount of the arrears as noted in Article 4.2 and the amount previously provided to Shanghai
Airlines as noted in Article 3.

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

6-1165-REW-390R4; September 15, 2011

Page 6

 

		7.	Reduction and Grace Period for Government Approval.

 

Per the terms of Letter Agreement 6-1165-REW-0380,
Government Approval For Block D Aircraft (Government Approval Letter Agreement), if Customer has not informed Boeing in writing
that they have Government Approval at least *** months prior to delivery of an Aircraft, then Boeing has certain rights, including
the rights to reschedule or terminate the Aircraft. Notwithstanding the provisions of the Government Approval Letter Agreement,
Boeing will provide Customer with a ***

 

7.1   ***

 

7.2   ***

 

7.3   ***

 

7.4   As long as Customer complies with the
terms of paragraph 7.1, 7.2 and 7.3, then Boeing will not unilaterally reschedule or terminate any of the Aircraft.

 

		8.	Exclusive Remedy.

 

Customer agrees that the remedies contained herein ate
Customer’s exclusive remedies for purposes of resolving all issues with respect to the delay in delivery of
Customer’s 787-8 Aircraft, are in lieu of all other damages, claims and remedies Customer may have, arising at law,
under the Purchase Agreement or otherwise, and will constitute complete, full and final settlement and satisfaction of all
Boeing’s obligations and liabilities to Customer for such 787 delivery delay. Customer hereby waives and renounces all other
rights, remedies, claims and causes of action arising at law or otherwise against Boeing relating to such 787 delivery
delay.

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

6-1165-REW-390R4; September 15, 2011

Page 7

 

		9.	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.

 

		10.	Assignment.

 

Notwithstanding any other provisions of the Purchase Agreement,
the rights and obligations described in this Settlement Agreement cannot be assigned, in whole or in part, without the prior written
consent of Boeing.

 

Very Truly Yours,

 

THE BOEING COMPANY

 

/s/ Rocky E. Weller

Rocky E. Weller

Regional Director, Contracts

Boeing Commercial Airplanes

 

	Agreed and Accepted on this date:	Oct., 17, 2011	by:

 

China Eastern Airlines Corporation, Ltd,:

 

	Signature:	/s/ Zhang Houxin	 

 

China Eastern Aviation Import & Export Corporation:

 

	Signature:	/s/ Li Zhiyong	 

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

 

The Boeing Company

P.O. Box 3707

Seattle, WA 98124-2207

 

September 15,2011

6-1165-REW-403R4

 

China Eastern Airlines Corporation, Ltd.

2550 Hongqiao Road

Shanghai 200335

People’s Republic of China

 

Subject:                Termination
of Purchase Agreements No. 2529 and No. 2534

 

		Reference:	Purchase Agreement No. 2529 (Purchase Agreement) between The Boeing Company (Boeing) and China Eastern Airlines Corporation,
Ltd. (Customer) relating to Model 787-89P aircraft

 

Purchase Agreement No. 2534 (Purchase Agreement) between
The Boeing Company (Boeing) and Shanghai Airlines Company Ltd. (Customer) relating to Model 787-86D aircraft

 

Boeing and Customer (each a Party) hereby agree as follows:

 

1.         Effective
Date. This termination agreement including No. 2529 and No, 2534 (Termination Agreement) shall became effective as
of the date of the later of (i) execution by Customer, as indicated in Customer’s signature block, and (ii) Customer providing
written confirmation that Customer has received all the necessary Government Approval for the 737-89P aircraft purchase, in accordance
with Supplemental Agreement No, 3 to Purchase Agreement 3309 (Effective Date), Any capitalized term used but not defined
in this Termination Agreement will have the same meaning as in the Purchase Agreement.

 

2.        Termination.
The Purchase Agreements are terminated as of the Effective Date. The termination of the Purchase Agreements will have no effect
upon the rights and obligations of Customer relative to the protection of Proprietary Material and all Proprietary Information
received by Customer in connection with the Purchase Agreements, and such rights and obligations shall survive such termination.
The terms and conditions of AGTA-CEA and AGTA-SHA (AGTA) shall survive termination of the Purchase Agreements.

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

6-1165-REW-403R4; September 15, 2011

Page 2

 

3.        Disposition
of Advance Payments. FolIowing execution of this Termination Agreement, the advance payments received and retained by Boeing
under the Purchase Agreements will be distributed as specified in the Boeing 787 Settlement Agreement 6-J165-REW-390R4 dated September
15, 2011 (787 Settlement Agreement) if said 787 Settlement Agreement has been executed by Customer. If Customer executes this Termination
Agreement without having executed the 787 Settlement Agreement, then the 787 advanced payments will be returned without interest
minus deduction of current 737 model advanced payment arrears, including interest accrued on such arrears.

 

4.        Third
Party Obligations: No Rights in Third Parties. Customer warrants that it has satisfied all obligations owed by Customer to
any third party to enable Customer to enter into this Termination Agreement. The Parties expressly agree that there are no third
party beneficiary rights hereunder.

 

5.        Indemnity.
Customer shall defend, indemnify, and hold harmless Boeing from any claim, cause of action or liability, and all losses, damages,
and expenses, arising from or relating to any third-party claiming an interest in the Purchase Agreement or the Aircraft described
therein, including, but not limited to, the sale or leasing of an Aircraft.

 

6.        Waiver
and Release. Each Party agrees that the consideration and provisions contained herein are said Party’s sole and exclusive
rights relating to the termination of the Purchase Agreement and are in lieu of all other damages, claims and remedies said Party
may have, arising at law or otherwise recoverable from the other Party in relation to the Aircraft and the termination of the Purchase
Agreements, and the entering into this Termination Agreement shall constitute complete, full and final settlement and satisfaction
of all of a Party's obligations and liabilities to the other Party for such matters. Each Party hereby waives and renounces all
other rights, remedies, claims and causes of action arising at law or otherwise against the other Party relating to the Aircraft
and the termination of the Purchase Agreements. Nothing in this paragraph shall prevent Customer or Boeing from bringing an action
to enforce the terms of this Termination Agreement.

 

7.        Public
Statements. Except as may be required by law or regulation, including without limitation laws or rules of the U.S. Security
Exchange Commission, neither Boeing nor Customer will refer to or use the name of the other in any public statements in relation
to the termination of the Purchase Agreement or the other matters set out in this Termination Agreement.

 

8.        Entire
Agreement. This Termination Agreement embodies the Parties’ entire agreement and understanding and is the final and complete
expression of the Parties with respect to the subject matter hereof, and, as of the Effective Date, supersedes all prior agreements,
proposals, communications and understandings between the Parties.

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

6-1165-REW-403R4; September 15, 2011

Page 3

 

9.          Confidential
Treatment. Customer understands and agrees that the information contained herein represents confidential business
Information and has value precisely because it is not available generally or to other parties. Customer agrees to 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 this Termination Agreement and who understand they are not to disclose its contents to any other person
or entity without the prior written consent of Boeing.

 

10.        Governing
Law. This Termination Agreement, AGTAs and any Purchase Agreements will be interpreted under and governed by the laws of the
State of Washington, USA, except that Washington’s choice of law rules shall not be invoked for the purpose of applying
the law of another jurisdiction.

 

Very truly yours,

 

THE BOEING COMPANY

 

	 	/s/ Rocky E. Weller	 
	By	Rocky E. Weller	 
	Its	Attorney-In-Fact	 

 

ACCEPTED AND AGREED TO this     Oct., 17,
2011    (date)

 

CHINA EASTERN AIRLINES CORPORATION, LTD

 

	By	/s/ Zhang Houxin	 
	 	 	 
	Its	General Manager of Planning & Development Department	 

 

CHINA EASTERN AVIATION IMPORT & EXPORT CORPORATION

 

	By	/s/ Li Zhiyong	 
	 	 	 
	Its	General Manager	 

 

	BOEING PROPRIETARY

 

    	 

    	 

    

 

Supplemental Agreement No. 3

 

to

 

PURCHASE AGREEMENT NUMBER 3309

 

between

 

THE BOEING COMPANY

 

and

 

CHINA EASTERN AIRLINES CORPORATION, LTD.

 

Relating to Boeing Model 737-79P and 737-89P
Aircraft

 

with

 

CHINA EASTERN AVIATION IMPORT & EXPORT
CORPORATION

 

THIS SUPPLEMENTAL AGREEMENT, entered into
as of the ________day of _______, 2011, by and between THE BOEING COMPANY, a Delaware corporation with its principal offices in
Seattle, Washington (Boeing) and CHINA EASTERN AIRLINES CORPORATION, LTD. with its principal office in Shanghai, People's Republic
of China (Customer),

 

WITNESSETH:

 

WHEREAS, the parties hereto entered
into Purchase Agreement No. 3309 dated January 30, 2008, relating to Boeing Model 737-79P and 737-89P aircraft (the
Aircraft), which agreement, as amended, together with all exhibits and specifications attached thereto and made a part
thereof, is hereinafter called the "Purchase Agreement;" and

 

    	P.A. No. 3309	S1-1
BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	S.A. 3

    	 

    

 

WHEREAS, Customer has agreed to add forty-five
(45) additional Model 737- 89P Aircraft in 2014 – 2016, and

 

NOW THEREFORE, in consideration of the mutual
covenants herein contained, the parties agree to amend the Purchase Agreement as follows.

 

1.           TABLE
OF CONTENTS.

 

The TABLE OF CONTENTS is deleted
in its entirety and a new TABLE OF CONTENTS (attached) is substituted in lieu thereof.

 

2.            Table
1, “Aircraft Information Table – Block A Aircraft”

 

Table 1, “Aircraft Information Table
– Block A Aircraft” is deleted in its entirety and a new Table 1, “Aircraft Information Table – Block A Aircraft”,
(attached), is substituted in lieu thereof.

 

3.            Table
2, “Aircraft Information Table – Block B Aircraft”

 

Table 2, “Aircraft Information Table
– Block B Aircraft” is deleted in its entirety and a new Table 2, “Aircraft Information Table – Block B Aircraft”,
(attached), is substituted in lieu thereof.

 

4.            Table
3, “Aircraft Information Table – Block C Aircraft”

 

Table 3, “Aircraft Information Table
– Block C Aircraft” is deleted in its entirety and a new Table 3, “Aircraft Information Table – Block C Aircraft”,
(attached), is substituted in lieu thereof.

 

5.            Table
4, “Aircraft Information Table – Block D Aircraft”

 

A new Table 4, “Aircraft Information
Table – Block D Aircraft” (attached) is added.

 

6.            Exhibit
A-l Aircraft Configuration - Block A Aircraft

 

Exhibit A-1 “Aircraft
Configuration – Block A Aircraft” is deleted in its entirety and a new Exhibit A-l “Aircraft Configuration –
Block A Aircraft” (attached) is substituted in lieu thereof.

 

7.            Exhibit
A-2 Aircraft Configuration – Block B Aircraft

 

Exhibit A-2 “Aircraft Configuration
– Block B Aircraft” is deleted in its entirety and a new Exhibit A-2 “Aircraft Configuration – Block B Aircraft”
(attached) is substituted in lieu thereof.

 

8.            Exhibit
A-3 Aircraft Configuration – Block C Aircraft

 

Exhibit A-3 “Aircraft Configuration
– Block C Aircraft” is deleted in its entirety and a new Exhibit A-3 “Aircraft Configuration – Block C Aircraft”
(attached) is substituted in lieu thereof.

  

    	P.A. No. 3309	S1-2
BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	S.A. 3

    	 

    

 

9.           Exhibit
A-4 Aircraft Configuration – Block D Aircraft

 

A new Exhibit A-4 Aircraft Configuration
- Block D Aircraft (attached) is added.

 

10.          Supplemental
Exhibit BFEI, BFE Variables

 

Supplemental Exhibit BFEI, BFE Variables
is deleted in its entirety and a new Supplemental Exhibit BFEI, BFE Variables (attached) is substituted in lieu thereof.

 

11.          3309-02
Aircraft Model Substitution

 

Letter Agreement 3309-02, "Aircraft
Model Substitution” is deleted in its entirety and a new Letter Agreement 3309-02, “Aircraft Model Substitution”
(attached) is substituted in lieu thereof.

 

12.          LA
6-1165-REW-114, Special Matters

 

Letter Agreement 6-1165-REW-114, “Special
Matters” is deleted in its entirety and a new Letter Agreement 6-1165-REW-114, “Special Matters” (attached),
is substituted in lieu thereof.

 

13.          LA
6-1165-REW-116, Government Approval

 

Letter Agreement 6-1165-REW-116, “Government
Approval” is deleted in its entirety and a new Letter Agreement 6-1165-REW-116, “Government Approval” (attached),
is substituted in lieu thereof.

 

14.          LA
6-1165-REW-l 17, Special Escalation Program

 

Letter Agreement 6-1165-REW-117, “Special
Escalation Program” is deleted in its entirety and a new Letter Agreement 6-1165-REW-117, “Special Escalation Program”
(attached), is substituted in lieu thereof.

 

15.          LA
6-1165-REW-375, Special Escalation Program

 

A new Letter Agreement 6-1165-REW-375, “Special
Escalation Program” (attached), is added.

 

16.          LA
6-1165-REW-380, Government Approval Block D Aircraft

 

A new Letter Agreement 6-1165-REW-380, “Government
Approval Block D Aircraft” (attached), is added.

 

17.          LA
6-1165-REW-387, Significant Aircraft Improvement Block D Aircraft

 

A new Letter Agreement 6-1165-REW-387, “Significant
Aircraft Improvement Block D Aircraft” (attached), is added.

  

    	P.A. No. 3309	S1-3
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	S.A. 3

    	 

    

 

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

 

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

 

	 	 	 
	THE BOEING COMPANY	 	CHINA EASTERN AIRLINES
		 	CORPORATION, LTD.
	 	 	 	 	 
	By	/s/ Rocky E. Weller	 	By	/s/ Zhang Houxin
	 	 	 	 	 
	Its	Attorney-In-Fact	 	Its	 

 

	CHINA EASTERN AVIATION IMPORT	 
	& EXPORT CORPORATION	 
	 	 	 	 
	By	/s/ Li Zhiyong	 	 
	 	 	 	 
	Its		 	 

 

    	P.A.
                                                                                                                                                                                                    No.
                                                                                                                                                                                                    3309	S1-4
BOEING
                                                                                                                                                                                                             PROPRIETARY	S.A. 3

    	 

    

 

TABLE OF CONTENTS

 

		 	SA

    NUMBER
	ARTICLES 	 	 
	 	 	 
	1.	Quantity, Model and Description	SA 3
	 	 	 
	2.	Delivery Schedule	SA 3
	 	 	 
	3.	Price	SA 3
	 	 	 
	4.	Payment	SA 3
	 	 	 
	5.	Miscellaneous	SA 3
	 	 	 
	TABLE	 	 
	 	 	 
	1.	Aircraft Information Table – Block A Aircraft	SA-3
	2.	Aircraft Information Table – Block B Aircraft	SA 3
	3.	Aircraft Information Table – Block C Aircraft	SA 3
	4.	Aircraft Information Table – Block D Aircraft	SA 3
	 	 	 
	EXHIBIT	 	 
	 	 	 
	A-1.	Aircraft Configuration – Block A Aircraft 	SA-3
	 	 	 
	A-2.	Aircraft Configuration – Block B Aircraft 	SA-3
	 	 	 
	A-3.	Aircraft Configuration – Block C Aircraft 	SA 3
	 	 	 
	A-4.	Aircraft Configuration – Block D Aircraft 	SA 3
	 	 	 
	B.	Aircraft Delivery Requirements and Responsibilities	 

 

    	P.A. No. 3309	i
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA 3

    	 

    

 

	SUPPLEMENTAL EXHIBITS	 
	 	 	 
	AE1.	Escalation Adjustment/Airframe and Optional Features	 
	 	 	 
	BFE1.	BFE Variables	SA-3
	 	 	 
	CS1.	Customer Support Variables	 
	 	 	 
	EE1.	Engine Escalation/Engine Warranty and Patent Indemnity	 
	 	 	 
	SLP1.	Service Life Policy Components	 

 

	LETTER AGREEMENTS	 
	 	 	 	 
	3309-01 	 	737 Spare Parts Initial Provisioning	 
	 	 	 	 
	3309-02	 	Aircraft Model Substitution	SA-3
	 	 	 	 
	6-1165-REW-0111	 	Liquidated Damages Non-Excusable Delay	 
	 	 	 	 
	6-1165-REW-0112	 	Performance Guarantees	 
	 	 	 	 
	6-1165-REW-0113	 	Special Matters – Toolbox Contract Extension	SA-2
	 	 	 	 
	6-1165 -REW-0114	 	Special Matters	SA-3
	 	 	 	 
	6-1165-REW-0115	 	Payment Matters	 
	 	 	 	 
	6-1165-REW-0116	 	Government Approval	SA-3
	 	 	 	 
	6-1165-REW-0117	 	Special Escalation Program	SA-3
	 	 	 	 
	6-1165-REW-0118	 	Shareholder Approval	 
	 	 	 	 
	6-1165-REW-0119	 	Board Approval	 
	 	 	 	 
	6-1165-REW-0120	 	Volume Agreement	 
	 	 	 	 
	6-1165-REW-0375	 	Special Escalation Program	SA-3
	 	 	 	 
	6-U65-REW-0380	 	Government Approval Block D Aircraft	SA-3
	 	 	 	 
	6-1165-REW-0387	 	Significant Aircraft Improvement Block D Aircraft	SA-3

 

    	P.A. No. 3309	ii
BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA 3

    	 

    

 

Purchase Agreement No. 3309

 

between

 

The Boeing Company

 

and

 

China Eastern Airlines Corporation, Ltd.

 

 

 

This Purchase Agreement No. 3309 dated
as of January 30, 2008 between The Boeing Company (Boeing) and China Eastern Airlines Corporation, Ltd., (Customer)
relating to the purchase and sale of Model 737-79P and 737-89P aircraft together with all tables, exhibits, supplemental exhibits,
letter agreement and other attachments thereto, if any, (Purchase Agreement) incorporates the terms and conditions of the
Aircraft General Terras Agreement dated as of March 7,2001 between the parties, identified as AGTA-CEA (AGTA). Boeing and China
Eastern Aviation Import & Export Corporation consent and agree that Customer may utilize the AGTA for the Purchasing Agreement,
and Customer agrees to be bound by the terms and conditions of the AGTA.

 

Article 1.        Quantity.
Model and Description.

 

The aircraft to be delivered to Customer
will be designated as Model 737-79P and 737-89P aircraft (the Aircraft). Boeing will manufacture and sell to Customer Aircraft
conforming to the configuration described in Exhibit A-l, A-2, A-3 and A-4 in the quantities listed in Table 1, Table 2, Table
3 and Table 4 to the Purchase Agreement.

 

Article 2.       Delivery
Schedule.

 

The scheduled months of delivery of the
Aircraft are listed in the attached Table 1, Table 2, Table 3 and Table 4. Exhibit B describes certain responsibilities for both
Customer and Boeing in order to accomplish the delivery of the Aircraft.

 

Article 3.       Price.

 

3.1        Aircraft
Basic Price. The Aircraft Basic Price is listed in Table 1, Table 2, Table 3 and Table 4 in subject to escalation dollars.

 

    	P.A. No. 3309	1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA 3

    	 

    

 

3.2           Advance
Payment Base Prices. The Advance Payment Base Prices listed in Table 1, Table 2, Table 3 and Table 4 were calculated utilizing
the latest escalation factors available to Boeing on the date of this Purchase Agreement projected to the month of scheduled delivery.

 

Article 4.       Payment.

 

4.1        Boeing
acknowledges receipt of a deposit in the amount shown in Table 1, Table 2, Table 3 and Table 4 for each Aircraft (Deposit).

 

4.2        The
standard advance payment schedule for the Model 737-79P and 737-89P aircraft requires Customer to make certain
advance payments, expressed in a percentage of the Advance Payment Base Price of each Aircraft beginning with a payment of
*** less the Deposit, on the effective date of the Purchase Agreement for the Aircraft. Additional advance payments for each
Aircraft are due as specified in and on the first business day of the months listed in the attached Table 1, Table 2, Table 3
and Table 4.

 

4.3        For
any Aircraft whose scheduled month of delivery is less than 24 months from the date of this Purchase Agreement, the total amount
of advance payments due for payment upon signing of this Purchase Agreement will include all advance payments which are past due
in accordance with the standard advance payment schedule set forth in paragraph 4.2 above.

 

4.4        Customer
will pay the balance of the Aircraft Price of each Aircraft at delivery.

 

Article 5.       Miscellaneous.

 

5.1        Aircraft
Information Table. Table 1, Table 2, Table 3 and Table 4 consolidate information contained in Articles 1,2, 3 and 4 with
respect to (i) quantity of Aircraft, (ii) applicable Detail Specification, (iii) month and year of scheduled deliveries, (iv)
Aircraft Basic Price, (v) applicable escalation factors and (vi) Advance Payment Base Prices and advance payments and their
schedules.

 

5.2        Escalation
Adiustment/Airframe and Optional Features. Supplemental Exhibit AE1 contains the applicable airframe and optional features
escalation formula.

 

5.3        Buyer
Furnished Equipment Variables. Supplemental Exhibit BFE1 contains vendor selection dates, on dock dates and other variables
applicable to the Aircraft.

 

    	P.A. No. 3309	2
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA 3

    	 

    

 

5.4         Customer
Support Variables. Information, training, services and other things furnished by Boeing in support of introduction of the
Aircraft into Customer's fleet are described in Supplemental Exhibit CS1. The level of support to be provided under Supplemental
Exhibit CS1 (the Entitlements) assumes that at the time of delivery of Customer's first Aircraft under the Purchase Agreement,
Customer has taken possession of a 737-79P and 737-89P aircraft whether such aircraft was purchased, leased or otherwise obtained
by Customer from Boeing or another party. Under no circumstances under the Purchase Agreement or any other agreement will Boeing
provide the Entitlements more than once to support Customer’s operation of 737-79P and 737-89P aircraft.

 

5.5        Engine
Escalation Variables. Supplemental Exhibit EE1 describes the applicable engine escalation formula and contains the engine
warranty and the engine patent indemnity for the Aircraft,

 

5.6        Service
Life Policy Component Variables. Supplemental Exhibit SLP1 lists the SLP Components covered by the Service Life Policy for
the Aircraft (Covered Components).

 

5.7        Public
Announcement. Boeing reserves the right to make a public announcement regarding Customer's purchase of the Aircraft upon approval
of Boeing's press release by Customer's public relations department or other authorized representative.

 

5.8        Negotiated
Agreement; Entire Agreement. This Purchase Agreement, including the provisions of Article 8.2 of the AGTA relating to insurance,
and Article 11 of Part 2 of Exhibit C of the AGTA relating to DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL
AND OTHER DAMAGES, has been the subject of discussion and negotiation and is understood by the parties; the Aircraft Price
and other agreements of the parties stated in this Purchase Agreement were arrived at in consideration of such provisions. This
Purchase Agreement, including the AGTA, contains the entire agreement between the parties and supersedes all previous proposals,
understandings, commitments or representations whatsoever, oral or written, and may be changed only in writing signed by authorized
representatives of the parties.

 

    	P.A. No. 3309	3
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA 3

    	 

    
 

5.9        Confidential
Treatment. The information contained herein represents confidential business information and has value precisely because it
is not available generally or to other parties. By receiving this Purchase Agreement, Customer agrees to limit the disclosure
of its contents to employees of Customer with a need to know the contents for purposes of helping Customer evaluate or respond
to 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. In addition to any equitable relief that may be available to Boeing in the event of a breach of this
clause, Boeing may rescind any business concessions or deliveiy positions that are the subject of the unauthorized disclosure
by Customer.

 

    	P.A. No. 3309	4
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA 3

    	 

    

 

	DATED AS OF______________	 
	 	 
	CHINA EASTERN AIRLINES

 CORPORATION, LTD,	THE BOEING COMPANY
		 	 
	By	/s/ Zhang Houxin	 	By	/s/ Rocky E. Weller
	 	 	 	 	 
	Its	 	 	Its	Attorney-in-Fact

 

	CHINA EASTERN AVIATION IMPORT

 & EXPORT CORPORATION	 
	 	 	 
	By	/s/ Li Zhiyong	 	 
	 	 	 	 
	Its	 	 	 

 

    	P.A. No. 3309	5
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA 3

    	 

    

 

Table 1 to

Purchase Agreement No. PA-03309

Aircraft Delivery, Description, Price
and Advance Payments

 

	Airframe Model/MTOW:      737-700	148000 pounds	Detail Specification:	DO19A001CEA37P (3/31/2011)
	 	 	 	 
	Engine Model/Thrust:        CFM56-7B2	***	Airframe Price Base Year/Escalation Formula:	***
	 	 	 	 
	Airframe Price:	***	Engine Price Base Year/Escalation Formula:	***
	 	 	 	 
	Optional Features:	***	 	 
	 	 	 	 
	Sub-Total of Airframe and Features:	***	Airframe Escalation Date:	***
	 	 	 	 
	Engine Price (Per Aircraft):	***	Base Year Index (ECI):	***
	 	 	 	 
	Aircraft Basic Price (Excluding BFE/SPE):	***	Base Year Index (ICI):	***
	 	 	 	 
	Buyer Furnished Equipment (BFE) Estimate:	***	 	 
	 	 	 	 
	Seller Purchased Equipment (SPE) Estimate:	***	 	 
	 	 	 	 
	Deposit per Aircraft:	***	 	 

	Delivery
	 	Number
of	 	Escalation

        Factor
	 	 	 	 	 	Escalation
Estimate 

Adv Payment Base	 	Advance
    Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):	 
	Date

    	 	Aircraft 	 	(Airframe)	 	 	 	 	 	Price Per A/P	 	***	 
	***	 	***	 	***	 	***	 	***	 	***	 	***	 

 

    	CEA 57127-1F.TXT	Boeing
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SA-3

    	 

    

 

Table 1 to

Purchase Agreement No. PA-03309

Aircraft Delivery, Description, Price
and Advance Payments

 

	Delivery
	 	Number of
	 	Escalation
 Factor
	 	 	 	 	 	Escalation Estimate 

    Adv Payment Base 
	 	Advance
    Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):	 
	Date	 	Aircraft	 	(Airframe)	 	 	 	 	 	Price Per
    A/P	 	***	***	***	***	 
	Total: 	 	15 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

    	CEA 57127-1F.TXT	Boeing
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SA-3

    	 

    

 

Table 2 to

Purchase Agreement No. PA-03309

Aircraft Delivery, Description, Price
and Advance Payments

 

	Airframe Model/MTOW:           737-800	***	Detail Specification:	D019A001-0 (3/31/2011)
	 	 	 	 
	Engine Model/Thrust:               CFM56-7B:	***	Airframe Price Base Year/Escalation Formula:	***
	 	 	 	 
	Airframe Price	***	Engine Price Base Year/Escalation Formula:	***
	 	 	 	 
	Optional Features:	*** 	 	 
	 	 	 	 
	Sub-Total of Airframe and Features:	***	Airframe Escalation Data:	***
	 	 	 	 
	Engine Price (Per Aircraft):	***	Base Year Index (ECI):	***
	 	 	 	 
	Aircraft Basic Price (Excluding BFE/SPE):	***	Base Year Index (ICI):	***
	 	 	 	 
	Buyer Furnished Equipment (BFE) Estimate:	***	 	 
	 	 	 	 
	Seller Purchased Equipment (SPE) Estimate:	***	 	 
	 	 	 	 
	Deposit per Aircraft:	***	 	 

	Delivery

        
	 	Number
    of	 	Escalation

        Factor
	 	 	 	 	 	Escalation
    Estimate 

    Adv Payment Base	 	Advance
    Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):	 
	Date	 	Aircraft 	 	(Airframe)	 	 	 	 	 	Price Per A/P 	 	***	 
	***	 	***	 	***	 	***	 	***	 	***	 	***	 
	Total	 	14	 	 	 	 	 	 	 	 	 	 	 

 

    	CEA 57650-1F.TXT	Boeing
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SA-3

    	 

    

 

Table 3 to

Purchase Agreement No. PA-03309

Aircraft Delivery, Description, Price
and Advance Payments

 

	Airframe Model/MTOW:         
    737-700	***	Detail Specification;	D019A001CEA37P (3/31/2011)
	 	 	 	 
	Engine Model/Thrust:            
    CFM56-7E	***	Airframe Price Base Year/Escalation Formula:	***
	 	 	 	 
	Airframe Price	***	Engine Price Base Year/Escalation Formula;	***
	 	 	 	 
	Optional Features:	*** 	 	 
	 	 	 	 
	Sub-Total of Airframe and Features:	***	Airframe Escalation	***
	 	 	 	 
	Engine Price (Per Aircraft):	***	Base Year Index (ECI):	***
	 	 	 	 
	Aircraft Basic Price (Excluding BFE/SPE):	***	Base Year Index (ICI):	***
	 	 	 	 
	Buyer Furnished Equipment (BFE) Estimate:	***	 	 
	 	 	 	 
	Seller Purchased Equipment (SPE) Estimate:	***	 	 
	 	 	 	 
	Deposit per Aircraft:	***	 	 
	 	 	 	 

	Delivery
	 	Number of	 	Escalation

        Factor
	 	 	 	 	 	Escalation Estimate
    

    Adv Payment Base	 	Advance
    Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):	 
	Date	 	Aircraft	 	(Airframe)	 	 	 	 	 	Price Per A/P	 	***	 
	***	 	***	 	***	 	***	 	***	 	***	 	***	 

 

    	CEA 57591-1F.TXT	Boeing
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Table 4 To

Purchase Agreement No. 3309

Aircraft Delivery, Description, Price
and Advance Payments

 

	Airframe Model/MTOW:            737-800	***	Detail Specification:	D019A001-0 (3/31/2011)
	 	 	 	 
	Engine Model/Thrust:                CFM56-7B2	***	Airframe Price Base Year/Escalation Formula:	***
	 	 	 	 
	Airframe Price:	***	Engine Price Base Year/Escalation Formula:	***
	 	 	 	 
	Optional Features:	*** 	 	 
	 	 	 	 
	Sub-Total of Airframe and Features:	*** 	Airframe Escalation Date:	***
	 	 	 	 
	Engine Price (Per Aircraft):	***	Base Year Index (ECI):	***
	 	 	 	 
	Aircraft Basic Price (Excluding BFE/SPE):	***	Base Year Index (ICI):	***
	 	 	 	 
	Buyer Furnished Equipment (BFE) Estimate:	***		 
	 	 	 	 
	Seller Purchased Equipment (SPE) Estimate:	***	 	 
	 	 	 	 
	Deposit per Aircraft:	***	 	 

	Delivery
	 	Number
    of	 	Escalation

        Factor
	 	 	 	 	 	Escalation
    Estimate 

    Adv Payment Base	 	Advance
    Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):	 
	Date	 	Aircraft	 	(Airframe)	 	 	 	 	 	Price Per A/P	 	***	 
	***	 	***	 	***	 	***	 	***	 	***	 	***	 

 

    	CEA 57656-1F.TXT	Boeing
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SA-3

    	 

    

 

Table 4 To

Purchase Agreement No. 3309

Aircraft Delivery, Description, Price
and Advance Payments

 

	Delivery

        
	 	Number
    of	 	Escalation

        Factor
	 	 	 	 	 	Escalation
    Estimate 

    Adv Payment Base	 	Advance
    Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):	 
	Date	 	Aircraft	 	(Airframe)	 	 	 	 	 	Price Per A/P	 	***	 
	***	 	***	 	***	 	***	 	***	 	***	 	***	 

	Total:	 	45	 		 		 		 		 		 

 

    	CEA 57658-1F.TXT	Boeing
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AIRCRAFT CONFIGURATION

 

between

 

THE BOEING COMPANY

 

and

 

CHINA EASTERN AIRLINES CORPORATION, LTD.

 

Exhibit A-l to Purchase Agreement Number
3309

 

Block A aircraft

 

    	P.A. No. 3309	A
BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	 

    	 

    

 

AIRCRAFT CONFIGURATION

 

Dated _________

 

relating to

 

Block A

 

BOEING MODEL 737-79P AIRCRAFT

 

The Detail Specification is Boeing Detail Specification *** as amended to incorporate
the Options listed below, including the effects on Manufacturer’s Empty Weight (MEW) and Operating Empty Weight
(OEW). As soon as practicable, Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect such
Options. The Aircraft Basic Price reflects and includes all effects of such Options, except such Aircraft Basic Price does not
include the price effects of any Buyer Furnished Equipment or Seller Purchased Equipment

 

    	P.A. No. 3309	A-1
BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	 

    	 

    

 

	CEA PA3309 SA-3 Exhibit A-1.XLS	BOEING PROPRIETARY	7/15/2011-12:34 PM

 

	CR	 	CEA PA 3309 
 Exhibit A-l SA-3 
 Title	 	2007$
  Price 
 Per A/C
	***	 	***	 	***
	 	 	 	 	 	 	 

 

    	P.A.	BOEING PROPRIETARY	Page 1

    	 

    

 

	CEA PA3309 SA-3 Exhibit A-1.XLS	BOEING PROPRIETARY	7/15/2011-12:34 PM

 

	CR	 	CEA PA 3309 
 Exhibit A-l SA-3 
 Title	 	2007$
  Price 
 Per A/C
	***	 	***	 	***
	 	 	 	 	 	 	 

 

    	P.A.	BOEING PROPRIETARY	Page 2

    	 

    

 

	CEA PA3309 SA-3 Exhibit A-1.XLS	BOEING PROPRIETARY	7/15/2011-12:34 PM

 

	CR	 	CEA PA 3309 
 Exhibit A-l SA-3 
 Title	 	2007$
  Price 
 Per A/C
	***	 	***	 	***
	 	 	 	 	 	 	 

 

    	P.A.	BOEING PROPRIETARY	Page 3

    	 

    

 

	CEA PA3309 SA-3 Exhibit A-1.XLS	BOEING PROPRIETARY	7/15/2011-12:34 PM

 

	CR	 	CEA PA 3309 
 Exhibit A-l SA-3 
 Title	 	2007$
  Price 
 Per A/C
	***	 	***	 	***
	 	 	 	 	 	 	 

 

    	P.A.	BOEING PROPRIETARY	Page 4

    	 

    

 

	CEA PA3309 SA-3 Exhibit A-1.XLS	BOEING PROPRIETARY	7/15/2011-12:34 PM

 

	CR	 	CEA PA 3309 
 Exhibit A-l SA-3 
 Title	 	2007$
  Price 
 Per A/C
	***	 	***	 	***
	 	 	 	 	 	 	 

 

    	P.A.	BOEING PROPRIETARY	Page 5

    	 

    

 

AIRCRAFT CONFIGURATION

 

between

 

THE BOEING COMPANY

 

and

 

CHINA EASTERN AIRLINES CORPORATION, LTD.

Exhibit A-2 to Purchase Agreement Number
3309

 

Block B aircraft

 

    	P.A. No. 3309	A
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

AIRCRAFT CONFIGURATION

 

Dated _________

 

relating to

 

Block B

 

BOEING MODEL 737-89P AIRCRAFT

 

The Detail Specification will be comprised of Boeing Detail
Specification *** as amended to incorporate the Options listed below, including the effects on Manufacturer's Empty Weight (MEW)
and Operating Empty Weight (OEW). As soon as practicable, Boeing will furnish to Customer copies of the Detail Specification, which
copies will reflect such Options. The Aircraft Basic Price reflects and includes all effects of such Options, except such Aircraft
Basic Price does not include the price effects of any Buyer Furnished Equipment or Seller Purchased Equipment.

 

	***

 

    	P.A. No. 3309	A-1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

	CEA38WBSI_071411084543_Table 2.XLS	BOEING PROPRIETARY	7/18/2011-9:52 AM

 

	CR	 	CEA PA 3309
 Exhibit A-2 SA-3
 Title	 	2007 $
 Price
 Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING PROPRIETARY	Page 1

    	 

    

 

	CEA38WBSI_071411084543_Table 2.XLS	BOEING PROPRIETARY	7/18/2011-9:52 AM

 

	CR	 	CEA PA 3309
 Exhibit A-2 SA-3
 Title	 	2007 $
 Price
 Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING PROPRIETARY	Page 2

    	 

    

 

	CEA38WBSI_071411084543_Table 2.XLS	BOEING PROPRIETARY	7/18/2011-9:52 AM

 

	CR	 	CEA PA 3309
 Exhibit A-2 SA-3
 Title	 	2007 $
 Price
 Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING PROPRIETARY	Page 3

    	 

    

 

	CEA38WBSI_071411084543_Table 2.XLS	BOEING PROPRIETARY	7/18/2011-9:52 AM

 

	CR	 	CEA PA 3309
 Exhibit A-2 SA-3
 Title	 	2007 $
 Price
 Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING PROPRIETARY	Page 4

    	 

    

 

	CEA38WBSI_071411084543_Table 2.XLS	BOEING PROPRIETARY	7/18/2011-9:52 AM

	 	 	 	 	 

	 	 	CEA PA 3309	 	2007 $
	 	 	Exhibit A-2 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING PROPRIETARY	Page 5

    	 

    

 

AIRCRAFT CONFIGURATION

 

between

 

THE BOEING COMPANY

 

and

 

CHINA EASTERN AIRLINES CORPORATION, LTD.

 

Exhibit A-3 to Purchase Agreement Number
3309

 

Block C aircraft

 

    	P.A. No. 3309	A
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

AIRCRAFT CONFIGURATION

 

Dated________

 

relating to

 

Block C

 

BOEING MODEL 737-79P AIRCRAFT

 

The Detail Specification is Boeing Detail Specification ***
as amended to incorporate the Options listed below, including the effects on Manufacturer’s Empty Weight (MEW) and Operating
Empty Weight (OEW). As soon as practicable, Boeing will furnish to Customer copies of the Detail Specification, which copies will
reflect such Options. The Aircraft Basic Price reflects and includes all effects of such Options, except such Aircraft Basic Price
does not include the price effects of any Buyer Furnished Equipment or Seller Purchased Equipment.

 

    	P.A. No. 3309	A-1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

	CEA37WEXHA-HH08_071211053805.XLS	BOEING PROPRIETARY	7/15/2011-12:46 PM

 

	 	 	CEA PA 3309	 	2008
    $
	 	 	Exhibit A-3 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 1

    	 

    

 

	CEA37WEXHA-HH08_071211053805.XLS	BOEING PROPRIETARY	7/15/2011-12:46 PM

 

	 	 	CEA PA 3309	 	2008
    $
	 	 	Exhibit A-3 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 2

    	 

    

 

	CEA37WEXHA-HH08_071211053805.XLS	BOEING PROPRIETARY	7/15/2011-12:46 PM

 

	 	 	CEA PA 3309	 	2008
    $
	 	 	Exhibit A-3 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 3

    	 

    

 

	CEA37WEXHA-HH08_071211053805.XLS	BOEING PROPRIETARY	7/15/2011-12:46 PM

 

	 	 	CEA PA 3309	 	2008
    $
	 	 	Exhibit A-3 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 4

    	 

    

 

	CEA37WEXHA-HH08_071211053805.XLS	BOEING PROPRIETARY	7/15/2011-12:46 PM

 

	 	 	CEA PA 3309	 	2008
    $
	 	 	Exhibit A-3 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 5

    	 

    

 

AIRCRAFT CONFIGURATION

 

between

 

THE BOEING COMPANY

 

and

 

CHINA EASTERN AIRLINES CORPORATION, LTD.

 

Exhibit A-4 to Purchase Agreement Number
3309

 

Block D aircraft

 

    	P.A. No. 3309	A
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

AIRCRAFT CONFIGURATION

 

Dated______

 

relating to

 

Block D

 

BOEING MODEL 737-89P AIRCRAFT

 

The Detail Specification will be comprised of Boeing Detail
Specification *** as amended to incorporate the Options listed below, including the effects on Manufacturer’s Empty Weight
(MEW) and Operating Empty Weight (OEW). As soon as practicable, Boeing will furnish to Customer copies of the Detail Specification,
which copies will reflect such Options. The Aircraft Basic Price reflects and includes all effects of such Options, except such
Aircraft Basic Price does not include the price effects of any Buyer Furnished Equipment or Seller Purchased Equipment.

 

    	P.A. No. 3309	A-1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

	CEA38WBSI-08_071511094616_Table 4.XLS	BOEING PROPRIETARY	7/18/2011-10:36 AM

 

	 	 	CEA PA 3309	 	2008$
	 	 	Exhibit A-4 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 1

    	 

    

 

	CEA38WBSI-08_071511094616_Table 4.XLS	BOEING PROPRIETARY	7/18/2011-10:36 AM

 

	 	 	CEA PA 3309	 	2008$
	 	 	Exhibit A-4 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 2

    	 

    

 

	CEA38WBSI-08_071511094616_Table 4.XLS	BOEING PROPRIETARY	7/18/2011-10:36 AM

 

	 	 	CEA PA 3309	 	2008$
	 	 	Exhibit A-4 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 3

    	 

    

 

	CEA38WBSI-08_071511094616_Table 4.XLS	BOEING PROPRIETARY	7/18/2011-10:36 AM

 

	 	 	CEA PA 3309	 	2008$
	 	 	Exhibit A-4 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 4

    	 

    

 

	CEA38WBSI-08_071511094616_Table 4.XLS	BOEING PROPRIETARY	7/18/2011-10:36 AM

 

	 	 	CEA PA 3309	 	2008$
	 	 	Exhibit A-4 SA-3	 	Price
	CR	 	Title	 	Per A/C
	***	 	***	 	***

 

    	P.A.	BOEING
                                                                                                                                                                                                                                                 PROPRIETARY	Page 5

    	 

    

 

BUYER
FURNISHED EQUIPMENT VARIABLES

 

between

 

THE
BOEING COMPANY

 

and

 

CHINA
EASTERN AIRLINES CORPORATION, LTD. (CEA)

 

Supplemental
Exhibit BFE1 to Purchase Agreement Number 3309

 

SA-3

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

  

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY

 

BUYER FURNISHED
EQUIPMENT VARIABLES

 

relating
to

 

BOEING MODEL
737-79P and 737-89P AIRCRAFT

 

This
Supplemental Exhibit BFE1 contains vendor selection dates, on-dock dates and other variables applicable to the Aircraft.

 

		1.	Supplier Selection.

 

Customer
will:

 

		1.1	Select and notify Boeing of the suppliers and part numbers of the following BFE items by the following
dates:

 

	Galley System	Complete
	 	 
	Galley Inserts	Complete
	 	 
	Seats (passenger)	Complete
	 	 
	Cabin Systems Equipment	Complete
	 	 
	Miscellaneous Emergency Equipment	Complete
	 	 
	Cargo Handling Systems	Complete

 

For
a new certification, supplier requires notification *** prior to Cargo Handling System on-dock date.

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

  

		2.	On-dock Dates

 

On or before November
2010, Boeing will provide to Customer a BFE Requirements On-Dock/Inventory Document (BFE Document) or an electronically transmitted
BFE Report which may be periodically revised, setting forth the items, quantities, on-dock dates and shipping instructions relating
to the in-sequence installation of BFE. For planning purposes, a preliminary BFE on-dock schedule is set forth below:

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

  

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY 

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

	Item	 	Preliminary On-Dock Dates
	 	 	 
	Seats	 	***
	Galleys/Furnishings	 	***
	Antennas & Mounting Equipment	 	***
	Avionics	 	***
	Cabin Systems Equipment	 	***
	Miscellaneous Emergency Equipment	 	***
	Textiles/Raw Material	 	***
	Cargo Systems	 	***
	Provision Kits	 	***
	Radomes	 	***

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY

  

Customer will be the “importer of
record” (as defined by the U.S. Customs and Border Protection) for all BFE Imported into the United States, and as such, it
has the responsibility to ensure all of Customer’s BFE shipments comply with U.S. Customs Service regulations. In the event
Customer requests Boeing, in writing, to act as Importer of record for Customer’s BFE, and Boeing agrees to such request,
Customer is responsible for ensuring Boeing can comply with all U.S. Customs Import Regulations by making certain that, at the
time of shipment, all BFE shipments comply with the requirements in the “International Shipment Routing Instructions”,
including the Customs Trade Partnership Against Terrorism (C-TPAT), as set out on the Boeing website referenced below. Customer
agrees to include the International Shipment Routing Instructions, including C-TPAT requirements, in each contract between Customer
and BFE supplier.

 

http://www.boeing.com/companvoffices/doingbiz/supplier_portal/index_general.html

 

    	P.A. No. 3309	BFE1
BOEING
                                                                                                                                                                                                                                                                               PROPRIETARY	SA-3

    	 

    

 

 

	 	The Boeing Company
	 	P.O. Box 3707
	 	Seattle, WA   98124-2207

 

3309-02

 

China Eastern Airlines Corporation, Ltd.

2550 Hongqiao Road

Shanghai 200335

People's Republic of China

 

		Subject:	Aircraft Model Substitution

 

		Reference:	Purchase Agreement No. 3309 (the Purchase Agreement) between The Boeing Company (Boeing) and China Eastern Airlines Corporation,
Ltd. (Customer) relating to Model 737-79P and 737- 89P 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.

 

Subject to the terms and conditions herein, Customer may substitute
the purchase of Boeing Model 737-800 or 737-900ER aircraft (Substitute Aircraft) in place of any of the Block A or Block
C Aircraft. Correspondingly, Customer may substitute the purchase of Boeing Model 737-700 or 737-900ER aircraft (Substitute
Aircraft) in place of any of the Block B Aircraft.

 

		1.	Customer’s Written Notice.

 

Customer will provide written notice of its intention to substitute
the purchase of an Aircraft with the purchase of a Substitute Aircraft,

 

(a)        no
later than the first day of the month that is *** prior (for Model 737-700 and 737-800 aircraft) and fifteen moths prior (for Model
737-900ER aircraft) to the scheduled month of delivery of the Aircraft for which it will be substituted, provided that a Substitute
Aircraft has been previously certified and delivered to Customer, or;

 

(b)        no
later than the first day of the month that is *** prior (for Model 737-700 and 737-800 aircraft) and eighteen months prior (for
Model 737-900ER aircraft) to the scheduled month of delivery of the Aircraft for which it will be substituted, if a Substitute
Aircraft has not been previously certified and delivered to Customer.

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

3309-02  Page 2

 

		2.	Boeing's Production Capability.

 

Customer’s substitution right is conditioned upon Boeing’s
having production capability for the Substitute Aircraft in the scheduled delivery month of the Aircraft for which it will be substituted.

 

Boeing will tentatively quote delivery positions for Substitute
Aircraft to allow Customer to secure quotes from Buyer Furnished Equipment vendors, and Boeing to secure quotes from Seller Furnished
Equipment vendors which supports the required on-dock dates. If Boeing is unable to manufacture the Substitute Aircraft in the
scheduled delivery month of the Aircraft for which it will be substituted, then Boeing shall promptly make a written offer of
an alternate delivery month for Customer’s consideration and written acceptance within thirty days of such offer.

 

Substitution rights for Model 737-900ER aircraft exclude installation
of auxiliary fuel tanks.

 

		3.	Definitive Agreement.

 

Customer’s substitution right and Boeing’s
obligation in this Letter Agreement are further conditioned upon Customer's and Boeing’s executing a definitive
agreement for the purchase of the Substitute Aircraft within *** of Customer’s substitution notice to Boeing or of
Customer’s acceptance of an alternate delivery month in accordance with paragraph 2. above.

 

		4.	Price and Advance Payments.

 

***

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

3309-02  Page 3

 

***

 

		5.	Confidential Treatment.

 

Customer understands and agrees that the information contained
herein represents confidential business information and has value precisely because it is not available generally or to other parties,
Customer agrees to 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. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

 

 

China Eastern Airlines
Corporation, Ltd.

3309-02  Page 4

  

	Very truly yours,
	 
	THE BOEING COMPANY
	 
	By	/s/ Rocky E. Weller	 
	 	 	 
	Its	Attorney-In-Fact	 
	 
	ACCEPTED AND AGREED TO this
	 
	Date:                                                  , 2011
	 
	CHINA EASTERN AIRLINES CORPORATION, LTD.
	 
	By	/s/ Zhang Houxin	 
	 	 	 
	Its	 	 
	 
	CHINA EASTERN AVIATION IMPORT & EXPORT CORPORATION
	 
	BY	/s/ Li Zhiyong	 
	 	 	 
	Its	 	 

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

 

 

	 	The Boeing Company
	 	P.O. Box 3707
	 	Seattle, WA    98124-2207

 

6-1165-REW-0114

 

China Eastern Airlines Corporation, Ltd.

2550 Hongqiao Road

Shanghai 200335

People’s Republic of China

 

		Subject:	Special Matters

 

		Reference:	Purchase Agreement No. 3309 (the Purchase Agreement) between The Boeing Company (Boeing) and China Eastern Airlines Corporation,
Ltd. (Customer) relating to Model 737-79P and 737- 89P 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.

 

		1.	***

 

		1.1	***

 

		1.2	***

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

 

China Eastern Airlines
Corporation, Ltd.

6-1165-REW-0114  Page 2

   

		1.3	***

 

		1.4	***

 

		1.5	*** 

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

 

China Eastern Airlines
Corporation, Ltd.

6-1165-REW-0114  Page 3

 

invoice payment of the Aircraft. It may not be applied toward advance payments due on the Aircraft. 

 

		1.6	Customer Training Credit Memorandum – Block B and Block D Aircraft.

 

		1.7	***

 

		1.8	***

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

 

China Eastern Airlines
Corporation, Ltd.

6-1165-REW-0114  Page 4

 

		1.9	***

 

		1.10	***

 

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 Block A, Block B, Block C and Block D Aircraft, and cannot be
assigned, in whole or in part, without the prior written consent of The Boeing Company.

 

3.          Confidential
Treatment.     Customer understands and agrees that the information contained herein represents confidential
business information and has value precisely because it is not available generally or to other parties. Customer agrees to 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. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

 

China Eastern Airlines Corporation, Ltd.

6-1165-REW-0114  Page 5

 

	Very truly yours,
	 
	THE BOEING COMPANY
	 
	By	/s/ Rocky E. Weller	 
	 	 	 
	Its	Attorney-In-Fact	 
	 
	ACCEPTED AND AGREED TO this
	 
	Date:                                                  , 2011
	 
	CHINA EASTERN AIRLINES CORPORATION, LTD.
	 
	By	/s/ Zhang Houxin	 
	 	 	 
	Its	 	 
	 
	CHINA EASTERN AVIATION IMPORT & EXPORT CORPORATION
	 
	By	/s/ Li Zhiyong	 
	 	 	 
	Its	 	 

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

 

 

	 	The Boeing Company
	 	P.O. Box 3707
	 	Seattle, WA 98124-2207

 

6-1I65-REW-0116

 

China Eastern Airlines Corporation,
Ltd.

2550 Hongqiao Road

Shanghai 200335

People’s Republic of China

 

	Subject:	Government Approval
	 	 
	Reference:	Purchase Agreement No. 3309 (the Purchase Agreement) between The Boeing Company (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer) relating to Model 737-79P and 737- 89P aircraft (the Aircraft)

 

This
letter agreement (Letter Agreement) amends and supplements the Purchase Agreement, All terras used but not defined in this Letter
Agreement have the same meaning as in the Purchase Agreement.

 

		1.	Government Approval.

 

Customer
will use its best efforts to obtain approval for the purchase of the Aircraft from the Government of the People's Republic of China
(PRC) as soon as practicable after the signing of this Letter Agreement, and will advise Boeing promptly after such approval has
been obtained. Both parties, Boeing and Customer, acknowledge that Customer requires approval from the government of the PRC. Boeing
will use its best efforts to support Customer in obtaining such approval.

 

		2.	Rescheduling of Aircraft.

 

If
Boeing has not received written or telegraphic notice from Customer on or before *** prior to Block A, Block B and Block C
Aircraft that Government approval has been obtained, or Customer is not current
with advanced payments, Boeing may, *** 

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern Airlines Corporation,
Ltd.

6-1165-REW-0116  Page
2

 

		3.	Effect of Aircraft Rescheduling.

		 	***

 

		4.	Confidential Treatment.

 

Customer
understands that certain 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. 

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern Airlines Corporation,
Ltd.

6-1165-REW-0116  Page
3

 

Very truly
yours,

 

THE BOEING COMPANY

 

	By	/s/ Rocky E. Weller
	Its	Attorney-In-Fact

 

ACCEPTED
AND AGREED TO this

 

Date: _______________,
2011

 

CHINA EASTERN
AIRLINES CORPORATION, LTD.

 

	By	/s/ Zhang Houxin
	Its	 

 

CHINA EASTERN
AVIATION IMPORT & EXPORT CORPORATION

 

	By	/s/ Li Zhiyong
	Its	 

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

	 	The Boeing Company
	 	P.O. Box 3707
	 	Seattle, WA 98124-2207

 

6-1165-REW-0117

 

China Eastern Airlines Corporation,
Ltd.

2550 Hongqiao Road

Shanghai 200335

People’s Republic of China

 

	Subject:	Special Escalation Program
	 	 
	Reference:	Purchase Agreement No. 3309 (the Purchase Agreement) between The Boeing Company (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer) relating to Model 737-79P and 737- 89P 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.

 

		1.	Aircraft Applicability.

 The
terms of this Letter Agreement are applicable only to the firm Aircraft included in Table 1 and Table 2 of the Purchase Agreement
at the time of signing, that have scheduled Delivery Dates during the time period from January 2011 through July 2013 (the Included
Aircraft).

 

		2.	Airframe Price Adjustment.

 At
the time of delivery of each Included Aircraft, the Airframe Price Adjustment will be determined in accordance with Supplemental
Exhibit AE1 to the Purchase Agreement. At such time, an Escalation Factor, rounded to 4 decimal places, will be determined using
the following formula:

 

***

 

		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 I hereto.

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern Airlines Corporation,
Ltd.

6-1165-REW-0117
 Page 2

 

3.1 ***

 

3.2 ***

 

		4.	Credit Memoranda.

 ***

 

		5.	Advance Payment Base Price.

 ***

 

		6.	Not Included Aircraft.

 ***

 

		7.	Confidential Treatment.

 Customer
understands and agrees that the information contained herein represents confidential business information and has value precisely
because it is not available generally or to other parties. Customer agrees to 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. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern Airlines Corporation,
Ltd.

6-1165-REW-0117 
Page 3

 

Very truly
yours,

 

THE BOEING
COMPANY

 

	By	/s/ Rocky E. Weller
	Its	Attorney-In-Fact

 

ACCEPTED AND AGREED TO this

Date: _________________.2011

 

CHINA EASTERN
AIRLINES CORPORATION, LTD.

 

	By	/s/ Zhang Houxin
	Its	 

 

CHINA EASTERN
AVIATION IMPORT & EXPORT CORPORATION

 

	By	/s/ Li Zhiyong
	Its	 

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

Attachment
1 to

6-1165-REW-0117

 

SPECIAL
ESCALATION PROGRAM FACTORS

 

***

 

***

 

    	P.A. No. 3309
Special_Escalation_Program	BOEING
                                                                                                                                                                                                                                                                                        PROPRIETARY	SA-3

    	 

    

 

  

 

	 	The Boeing Company
	 	P.O. Box 3707
	 	Seattle, WA 98124-2207

 

6-1165-REW-0375

 

China Eastern Airlines Corporation,
Ltd.

2550 Hongqiao Road

Shanghai 200335

People’s Republic of China

 

	Subject:	Special Escalation Program
	 	 
	Reference:	Purchase Agreement No. 3309 (the Purchase Agreement) between The Boeing Company (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer) relating to Model 737-79P and 737- 89P 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.

 

		1.	Aircraft Applicability.

The terms
of this Letter Agreement are applicable only to the firm Aircraft included in Table 3 and Table 4 of the Purchase Agreement at
the time of signing, that have scheduled Delivery Dates during the time period from January 2011 through July 2016 (the Included
Aircraft).

 

		2.	Airframe Price Adjustment.

At the time
of delivery of each Included Aircraft, the Airframe Price Adjustment will be determined in accordance with Supplemental Exhibit
AE1 to the Purchase Agreement. At such time, an Escalation Factor, rounded to 4 decimal places, will be determined using the following
formula:

 

***

 

    	P.A No.3309	BOING
                                                                                                                                                                                                                                                        PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern Airlines Corporation,
Ltd.

6-1165-REW-0375
Page 2

 

		3.	Special Escalation Program Factor.

 

***

  

3.1     ***

 

3.2     ***

 

		4.	Credit Memoranda.

 

***

 

		5.	Advance Payment Base Price.

 

***

 

		6.	Not Included Aircraft.

 

***

 

		7.	Confidential Treatment.

Customer
understands and agrees that the information contained herein represents confidential business information and has value precisely
because it is not available generally or to other parties. Customer agrees to 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.3309	BOING
                                                                                                                                                                                                                                                        PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern Airlines Corporation,
Ltd.

6-1165-REW-0375
Page 3

 

Very truly
yours,

 

THE BOEING COMPANY

 

	By	/s/ Rocky E. Weller
	Its	Attorney-In-Fact

 

ACCEPTED AND AGREED TO this

 

Date: _________________, 2011

 

CHINA EASTERN
AIRLINES CORPORATION, LTD.

 

	By	/s/ Zhang Houxin
	Its	 

 

CHINA EASTERN AVIATION IMPORT
& EXPORT CORPORATION

 

	By	/s/ Li Zhiyong
	Its	 

 

    	P.A No.3309	BOING
                                                                                                                                                                                                                                                        PROPRIETARY	SA-3

    	 

    

 

Attachment
1 to

6-1165-REW-0375

 

SPECIAL
ESCALATION PROGRAM FACTORS

 

***

 

***

  

    	P.A. No. 3309
Special_Escalation_Program	BOEING
                                                                                                                                                                                                                                                                                                                PROPRIETARY	SA-3

    	 

    

 

  

 

	 	The Boeing Company
	 	P.O. Box 3707
	 	Seattle, WA 98124-2207

 

6-1165-REW-0380

 

China Eastern Airlines Corporation,
Ltd.

2550 Hongqiao Road

Shanghai 200335

People’s Republic of China

 

	Subject:	Government Approval for Block D Aircraft
	 	 
	Reference:	Purchase Agreement No. 3309 (the Purchase Agreement) between The Boeing Company (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer) relating to Model 737-79P and 737- 89P 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.	Government Approval.

 

Customer
will use its best efforts to obtain all required approvals from the People's Republic of China (Government Approval) for
the import of the Aircraft and will advise Boeing promptly in writing after such approval has been obtained.

 

		2.	Boeing Process Support.

 

***

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern
Airlines Corporation, Ltd.

6-1165-REW-0380 
Page 2

 

		3.	Flexibility.

 

***

 

3.1     Reschedule
Aircraft. ***

 

3.1.1 ***

 

3.1.2 ***

 

3.1.3 ***

 

3.1.4 ***

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

  

China Eastern
Airlines Corporation, Ltd.

6-1165-REW-0380 
Page 3

 

3.2
***

 

		4.	Effect of Termination.

 

***

 

		5.	Confidential Treatment

 

Boeing
and Buyer 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.

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern Airlines Corporation,
Ltd.

6-1165-REW-0380
Page 4

 

Very truly
yours,

 

THE BOEING
COMPANY

 

	By	/s/ Rocky E. Weller
	Its	Attornev-In-Fact

 

ACCEPTED
AND AGREED TO this

 

Date: _______________,
2011

 

CHINA EASTERN
AIRLINES CORPORATION, LTD.

 

	By	/s/ Zhang Houxin
	Its	 

 

CHINA EASTERN
AVIATION IMPORT & EXPORT CORPORATION

 

	By	/s/ Li Zhiyong
	Its	 

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

	 	The Boeing Company
	 	P.O. Box 3707
	 	Seattle, WA 98124-2207

 

6-1165-REW-0387

 

China Eastern Airlines Corporation,
Ltd.

2550 Hongqiao Road

Shanghai 200335

People’s Republic of China

 

	Subject:	Significant Aircraft Improvement Block D Aircraft
	 	 
	Reference:	Purchase Agreement No. 3309 (the Purchase Agreement) between The Boeing Company (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer) relating to Model 737-79P and 737- 89P aircraft (the 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.	SignificantImprovement.

 

During
the delivery stream of the Aircraft Boeing may make, or cause to be made, improvements to the 737 aircraft. These changes may
be in the form of a performance-improvement package, other significant aircraft improvement to the Aircraft or the transition
of Aircraft to the Boeing Model 737-7/-8/-9 re-engined family of aircraft (Significant Improvement), Boeing may take the
following actions with regard to offering the Significant Improvement:

 

1.1     ***

 

1.2     ***

 

    	P.A. No. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern Airlines Corporation,
Ltd.

6-1165-REW-0387
 Page 2

 

		2.	Notice and Purchase Agreement Amendment.

 

***

 

2.1***

 

2.2***

 

		3.	Assignment.

 

Notwithstanding
any other provisions of the Purchase Agreement, the rights and obligations described in this Letter Agreement are provided to Customer
in consideration of Customer's becoming the operator of the Aircraft and cannot be assigned in whole or, in part.

 

		4.	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. 3309	BOEING
                                                                                                                                                                                                                                                          PROPRIETARY	SA-3

    	 

    

 

  

 

China Eastern Airlines Corporation,
Ltd.

6-1165-REW-0387 
Page 3

 

Very truly
yours,

 

THE BOEING
COMPANY

 

	By	/s/ Rocky E. Weller
	Its	Attorney-In-Fact

 

ACCEPTED
AND AGREED TO this

 

Date: _________________,2011

 

CHINA EASTERN
AIRLINES CORPORATION, LTD.

 

	By	/s/ Zhang Houxin
	Its	 

 

CHINA EASTERN AVIATION IMPORT
& EXPORT CORPORATION

 

	By	/s/ Li Zhiyong
	Its	 

 

    	P.A. No. 3309	BOEING PROPRIETARY	SA-3Exhibit 4.25

 

***INDICATES CONFIDENTIAL MATERIAL OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED
WITH THE SECURITIES AND EXCHANGE COMMISSION SEPARATELY WITH A REQUEST FOR CONFIDENTIAL TREATMENT.

 

A330 FAMILY AIRCRAFT

PURCHASE AGREEMENT

 

BETWEEN

 

AIRBUS SAS

 

(the “Seller”)

 

AND

 

CHINA EASTERN AIRLINES CORPORATION
LTD

 

(the “Buyer”)

 

Buyer’s Reference Number

11GTBAP330

 

    	A330 – CES – OCT 2011
CT1006772	Page 1/41	Private & Confidential

    	 

    

 

CONTENTS

 

Clauses

 

	0	SUPPLEMENTARY DEFINITIONS	5
	 	 	 
	1	QUANTITY, MODEL AND DESCRIPTION	8
	 	 	 
	2	AIRCRAFT DEFINITION	8
	 	 	 
	3	BASE PRICES	10
	 	 	 
	4	DELIVERY SCHEDULE	14
	 	 	 
	5	LIQUIDATED DAMAGES	14
	 	 	 
	6	SERVICE LIFE POLICY	15
	 	 	 
	7	TECHNICAL DATA	16
	 	 	 
	8	SELLER REPRESENTATIVES	16
	 	 	 
	9	NEGOTIATED AGREEMENT	16
	 	 	 
	10	APPLICABILITY	16
	 	 	 
	11	CONFIDENTIALITY	17
	 	 	 
	12	CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999	17
	 	 	 
	13	LAW AND JURIDICTION	17
	 	 	 
	14	COUNTERPARTS	17

 

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CONTENTS

 

Appendices

 

	A	STANDARD SPECIFICATIONS FOR A330 FAMILY AIRCRAFT	19
	 	 	 
	B-1	FORM OF A SPECIFICATION CHANGE NOTICE	20
	 	 	 
	B-2	FORM OF A MANUFACTURER’S SPECIFICATION CHANGE NOTICE	23
	 	 	 
	C	AIRFRAME PRICE REVISION FORMULA	26
	 	 	 
	D-1	GENERAL ELECTRIC PRICE REVISION FORMULA	30
	 	 	 
	D-2	PRATT AND WHITNEY PRICE REVISION FORMULA	34
	 	 	 
	D-3	ROLLS ROYCE PRICE REVISION FORMULA	38
	 	 	 
	G	TECHNICAL DATA INDEX	 

 

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PURCHASE AGREEMENT

 

This A330 family aircraft purchase agreement
(the “Purchase Agreement”) is made as of ___ October, 2011

 

Between:

 

AIRBUS S.A.S., a société par
actions simplifiée, created and existing under French law having its registered office at 1 Rond-Point Maurice Bellonte, 31707
Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814,

 

(hereinafter referred to as the “Seller”)
of the one part,

 

and

 

CHINA EASTERN AIRLINES CORPORATION,
LIMITED, a company organised under the laws of the People’s Republic of China having its principal place of business at Hongqiao
International Airport, No. 2550 Hongqiao Road, Shanghai 200335, People’s republic of China,

 

(hereinafter referred to as the the “Buyer”)
of the other part

The Seller and the Buyer together referred
as the “Parties” and each a “Party”

 

CHINA EASTERN AVIATION IMPORT AND EXPORT
CORPORATION, a company organised under the laws of the People’s Republic of China having its principal place of business at
Hongqiao International Airport, No. 2550 Hongqiao Road, Shanghai 200335, People’s republic of China (the “Consenting Party”),
whose roles are more fully described in the payment agreement dated June 15, 2009 between the Parties and the Consenting Party,
is not a Party to the Purchase Agreement, but is acknowledging and witnessing its execution by countersigning the last page.

 

WHEREAS

 

		A-	The Buyer and the Seller have
                                                                 signed on June 15, 2009 an aircraft general terms agreement (reference
                                                                 CSC 0800.890) (thereinafter referred to as the “AGTA”)
                                                                 which constitutes an integral part of this Purchase Agreement
                                                                 (referred to collectively as the “Agreement”).

 

		B-	Subject to the terms and conditions of this Purchase Agreement and of the AGTA, the Seller desires
to sell the Aircraft to the Buyer and the Buyer desires to purchase the Aircraft from the Seller.

 

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NOW THEREFORE IT IS AGREED AS FOLLOWS:

 

	0.	SUPPLEMENTARY DEFINITIONS
	 	 
	0.1	In addition to the words and the terms elsewhere defined in this Purchase Agreement, the initially capitalised words and terms used in this Purchase Agreement shall have the meaning set out below.
	 	 
	0.2	Capitalised words and terms used in this Purchase Agreement which are not defined herein shall have the meaning assigned thereto in the AGTA.

 

	 	A330-200 Airframe	means the A330-200 Aircraft excluding the A330-200 Propulsion Systems.
	 	 	 
	 	A330-300 Airframe	means the A330-300 Aircraft excluding the A330-300 Propulsion Systems.
	 	 	 
	 	A330-200 Aircraft	means an Airbus A330-200 model aircraft including the A330-200 Airframe, the applicable Propulsion Systems, and any part, component, furnishing or equipment installed on the A330-200 Aircraft on Delivery under the terms and conditions of this Purchase Agreement and the AGTA.
	 	 	 
	 	A330-300 Aircraft	means an Airbus A330-300 model aircraft including the A330-300 Airframe, the applicable Propulsion Systems, and any part, component, furnishing or equipment installed on the A330-300 Aircraft on Delivery under the terms and conditions of this Purchase Agreement and the AGTA.
	 	 	 
	 	A330-200 Specification	means either (a) the A330-200 Standard Specification if no SCNs are applicable or (b) if SCNs are issued, the A330-200 Standard Specification as amended by all applicable SCNs and MSCNs.
	 	 	 
	 	A330-300 Specification	means either (a) the A330-300 Standard Specification if no SCNs are applicable or (b) if SCNs are issued, the A330-300 Standard Specification as amended by all applicable SCNs and MSCNs.
	 	 	 
	 	A330-200 Standard Specification	means the A330-200 standard specification document number G.000.02000 Issue 5 revision 1 dated April 30, 2011 a copy of which has been annexed hereto as Appendix A-1, with the following design weights:
	 	 	 
	 	 	MTOW:	230.0 tonnes
	 	 	MLW:	180.0 tonnes and
	 	 	MZFW:	168.0 tonnes

 

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	 	A330-300 Standard Specification	means the A330-300 standard specification document number G.000.03000 Issue 8 revision 1 dated April 30, 2011 a copy of which has been annexed hereto as Appendix A-2, with the following design weights:
	 	 	 
	 	 	MTOW:	230.0 tonnes
	 	 	MLW:	185.0 tonnes and
	 	 	MZFW:	173.0 tonnes
	 	 	 
	 	Airframe Base Price	means, (i) with respect to the A330-200 Airframe, the A330-200 Airframe Base Price set forth in Clause 3.1.1 ; (ii) with respect to the A330-300 Airframe, the A330-300 Airframe Base Price set forth in Clause 3.1.2; and with respect to the Aircraft means any or all of the A330-200 Airframe Base Price and the A330-300 Airframe Base Price.
	 	 	 
	 	Aircraft	means any or all of the A330-200 Aircraft and the A330-300 Aircraft.
	 	 	 
	 	Base Delivery Condition Year	2007
	 	 	 
	 	Base Price	means the sum of the applicable Airframe Base Price and the applicable Propulsion Systems Base Price
	 	 	 
	 	First Quarter	means the months of January, February, March
	 	 	 
	 	Fourth Quarter	means  the   months  of  October,   November, December
	 	 	 
	 	Quarter	means any or all of the First Quarter, Second Quarter, Third Quarter and Fourth Quarter
	 	 	 
	 	Third Quarter	means the months of July, August, September
	 	 	 
	 	Second Quarter	means the months of April, May, June
	 	 	 
	 	Daily Liquidated Damages Amount	as specified in Clause 5
	 	 	 
	 	PEP Revision Service Period	as specified in Clause 7
	 	 	 
	 	Propulsion Systems Base Price	as specified in Clause 3.2

 

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	 	Propulsion Systems Manufacturer	means the manufacturer of the selected Propulsion Systems
	 	 	 
	 	Propulsion Systems Reference Price	as specified in Clause 3.2
	 	 	 
	 	Revision Service Period	as specified in Clause 7

 

	0.3	Clause headings and the index are inserted for convenience of reference only and shall be ignored in the interpretation of this Purchase Agreement
	 	 
	0.4	In this Purchase Agreement unless the context otherwise requires:
	 	 
	(a)	references to Clauses, Schedules, Appendices, and Exhibits are to be construed as references to the Clauses, Schedules, Appendices, and Exhibits to this Purchase Agreement and references to this Purchase Agreement include its Clauses, Schedules, Exhibits and Appendices.
	 	 
	(b)	words importing the plural shall include the singular and vice versa; and
	 	 
	(c)	references to a person shall be construed as including, without limitation, references to an individual, firm, company, corporation, unincorporated body of persons and any state or agency of a state.

 

    	A330 – CES – OCT 2011
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		1.	QUANTITY

 

Subject to the terms and conditions
of this Purchase Agreement and of the AGTA, the Buyer agrees to purchase a total of twelve (12), A330-200 (the “A330-200 Aircraft”)
and three (3) A330-300 model aircraft (the “A330-300 Aircraft”, and collectively with the A330-200 Aircraft referred
to as the “Aircraft”) from the Seller.

 

Pursuant to the terms of this
Purchase Agreement and of the AGTA, the Seller shall sell and deliver to the Buyer and the Buyer shall buy and take Delivery of
the Aircraft.

 

		2.	AIRCRAFT DEFINITION

 

		2.1	Aircraft Standard Specification Definition

 

		2.1.1	Standard Specification for A330-200 Aircraft

 

The A330-200 Aircraft shall be
manufactured in accordance with the A330-200 Standard Specification.

 

		2.1.2	Standard Specification for the A330-300 Aircraft

 

The A330-300 Aircraft shall be
manufactured in accordance with the A330-300 Standard Specification.

 

		2.2	Propulsion Systems

 

		2.2.1	The A330-200 Airframe will be equipped with a set of two (2):

 

		(i)	General Electrics CF6-80E1A4 engines, or

 

		(ii)	Pratt and Whitney 4170 engines, or

 

		(iii)	Rolls Royce Trent 772B engines

 

(each, upon selection by the
Buyer, being referred to as the “A330-200 Propulsion Systems”).

 

		2.2.2	The A330-300 Airframe will be equipped with a set of two (2):

 

		(i)	General Electrics CF6-80E1A4 engines, or

 

		(ii)	Pratt and Whitney 4170 engines, or

 

		(iii)	Rolls Royce Trent 772B engines

 

(each, upon selection by the
Buyer, being referred to as the “A330-300 Propulsion Systems”).

 

The A330-200 Propulsion Systems
and the A330-300 Propulsion Systems being referred to herein collectively as the “Propulsion Systems”.

 

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		2.2.3	The Buyer shall notify the Seller in writing of its selection of Propulation Systems type for the
Aircraft no later than *** set forth in Clause 4 herein. Such selection shall be incorporated in the applicable Aircraft Specification
by signature of a Specification Change Notice.

 

		2.2.4	If the Buyer does not notify the Seller in writing of its selection of Propulsin Systems for the
Aircraft as set forth in Clause 2.2.3, then, in addition to any other rights and remedies available to the Seller. ***

 

		2.3	Configuration Milestones

 

The Seller shall provide
the Buyer with a Customisation Milestones Chart for each Aircraft type within a reasonable period following signature
of this Purchase Agreement. ***

 

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		3.	BASE PRICES

 

With respect to the Aircraft, Clause
3.1 and Clause 4.1 of the AGTA shall apply.

 

		3.1	Airframe Base Price

 

		3.1.1	A330-200 Airframe Base Price

 

The A330-200 Airframe Base Price
is the sum of:

 

		(i)	***

 

		(ii)	***
	 	 	 

			***

 

		(iii)	the budgetary sum of the base prices of the A330-200 Specification Change Notices (SCNs), which
is:

 

			***

 

		3.1.2	A330-300 Airframe Base Price

 

The A330-300 Airframe Base Price
is the sum of:

 

		(i)	***

 

		(ii)	***
	 	 	 
	 	 	***

 

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		(iii)	the budgetary sum of the base prices of the A330-300 Specification Change Notices (SCNs), which
is:

 

USD 2,470,000

(United States dollars - two million four hundred seventy
thousand)

 

		3.1.3	The Airframe Base Price is expressed in United States Dollars (USD) at January 2007 delivery conditions.
It is subject to adjustment in accordance with the Airframe Price Revision Formula set out in Appendix C.

 

		3.2	Propulsion Systems Base Price

 

		3.2.1	General Electric

 

The Propulsion Systems Base Price
of a set of two (2) General Electric Propulsion Systems is:

 

***

 

		3.2.2	Pratt and Whitney

 

		3.2.2.1	The Propulsion Systems Base Price for a set of two (2) Pratt & Whitney PW4170 Propulsion Systems
is:

 

***

 

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		3.2.2.2	***

 

		3.2.3	Rolls-Royce

 

The Propulsion Systems Base Price of a set of two
(2) Rolls-Royce Propulsion Systems is:

 

***

 

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		3.3	Aircraft Base Price

 

			***

 

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		4.	DELIVERY SCHEDULE

 

Subject to Clauses 2,7,8,10 and
18 of the AGTA, the Seller shall have the Aircraft Ready for Delivery at the Delivery Location within the following delivery Quarters:

 

	 	Aircraft N°1	A330-200 Aircraft	***
	 	Aircraft N°2	A330-200 Aircraft	***
	 	 	 	 
	 	Aircraft N°3	A330-200 Aircraft	***
	 	Aircraft N°4	A330-200 Aircraft	***
	 	Aircraft N°5	A330-300 Aircraft	***
	 	Aircraft N°6	A330-200 Aircraft	***
	 	Aircraft N°7	A330-200 Aircraft	***
	 	Aircraft N°8	A330-200 Aircraft	***
	 	 	 	 
	 	Aircraft N°9	A330-300 Aircraft	***
	 	Aircraft N°10	A330-200 Aircraft	***
	 	Aircraft N°11	A330-200 Aircraft	***
	 	Aircraft N°12	A330-300 Aircraft	***
	 	Aircraft N°13	A330-200 Aircraft	***
	 	Aircraft N°14	A330-200 Aircraft	***
	 	Aircraft N°15	A330-200 Aircraft	***

 

Each such calendar Quarter shall
be, with respect to the corresponding Aircraft, the “Scheduled Delivery Quarter”. The second month of such Scheduled
Delivery Quarter shall be used as the “Scheduled Delivery Month” until the Scheduled Delivery Month is identified
as provided below.

 

***

 

*** 

 

		5.	LIQUIDATED DAMAGES

 

***

 

*** 

 

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		6.	SERVICE LIFE POLICY

 

		6.1	With respect to sub-Clause 12.2.2 of the AGTA, if a Failure occurs in an Item before the Aircraft
in which such item has been originally installed has completed *** of the relevant Aircraft to the Buyer, whichever shall first
occur, then the Seller shall comply with the undertakings defined in such sub-Clause 12.2.2.

 

		6.2	***

 

		6.3	Waiver, Release and Renunciation

 

THE WARRANTIES, OBLIGATIONS AND
LIABILITIES OF THE SELLER (AS DEFINED BELOW FOR THE PURPOSES OF THIS CLAUSE) AND REMEDIES OF THE BUYER SET FORTH IN CLAUSE 12 AND
CLAUSE 14 OF THE AGTA ARE EXCLUSIVE AND IN SUBSTITUTION FOR, AND THE BUYER HEREBY WAIVES, RELEASES AND RENOUNCES ALL OTHER WARRANTIES,
OBLIGATIONS AND LIABILITIES OF THE SELLER AND RIGHTS, CLAIMS AND REMEDIES OF THE BUYER AGAINST THE SELLER, EXPRESS OR IMPLIED,
ARISING BY LAW, CONTRACT OR OTHERWISE, WITH RESPECT TO ANY NON-CONFORMITY OR DEFECT OF ANY KIND, IN ANY AIRCRAFT, COMPONENT, EQUIPMENT,
ACCESSORY, PART, SOFTWARE, DATA OR SERVICES DELIVERED UNDER THIS PURCHASE AGREEMENT, INCLUDING BUT NOT LIMITED TO:

		A.	ANY WARRANTY AGAINST HIDDEN DEFECTS;

		B.	ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS;

		C.	ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OR TRADE;

		D.	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY, WHETHER IN CONTRACT OR IN TORT, WHETHER OR NOT
ARISING FROM THE SELLER’S NEGLIGENCE, ACTUAL OR IMPUTED; AND

		E.	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM, OR REMEDY FOR LOSS OF OR DAMAGE TO ANY AIRCRAFT, COMPONENT,
EQUIPMENT, ACCESSORY, PART, SOFTWARE, DATA OR SERVICES DELIVERED UNDER THIS PURCHASE AGREEMENT, FOR LOSS OF USE, REVENUE OR PROFIT,
OR FOR ANY OTHER DIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES,

 

PROVIDED THAT IN THE EVENT THAT
ANY OF THE AFORESAID PROVISIONS SHOULD FOR ANY REASON BE HELD UNLAWFUL OR OTHERWISE INEFFECTIVE THE REMAINDER OF THIS PURCHASE
AGREEMENT SHALL REMAIN IN FULL FORCE AND EFFECT.

 

FOR THE PURPOSES OF THIS CLAUSE,
THE “SELLER” SHALL BE UNDERSTOOD TO INCLUDE THE SELLER, ITS AFFILIATES AND ANY OF ITS SUPPLIERS AND SUBCONTRACTORS AND
ITS AFFILIATES.

 

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		7.	TECHNICAL DATA

 

***

 

		8.	SELLER REPRESENTATIVES

 

Pursuant to Clause 15 of the
AGTA, the Seller Representative allocation provided to the Buyer is defined hereunder.

 

		8.1	The Seller shall provide to the Buyer a total of *** at the Buyer’s main base or at other
locations to be mutually agreed.

 

		8.2	For the sake of clarification, such Seller Representatives’ services shall include initial
Aircraft Entry Into Service (EIS) assistance, sustaining support services and spares representatives.

 

		8.3	The number of the Seller Representatives assigned to the Buyer at any one time shall be mutually
agreed, but shall at no time exceed three (3) Seller Representatives.

 

		9.	NEGOTIATED AGREEMENT

 

The Buyer specifically recognises
that this Purchase Agreement incorporating the terms of the AGTA is an international supply contract which has been the subject
of discussion and negotiation, that all its terms and conditions are fully understood by the Buyer, and that the Specification
and price of the Aircraft specified in this Purchase Agreement and the other mutual agreements of the Buyer set forth herein and
in the AGTA were agreed upon after careful consideration by the Buyer using its judgment as a professional operator and arrived
at in consideration of, inter alia, all the provisions hereof specifically including all waivers, releases and renunciations by
the Buyer set out herein and in the AGTA.

 

The Buyer and the Seller hereby
also agree that the United Nations Convention on Contracts for the International Sale of Goods will not apply to this transaction.

 

		10.	APPLICABILITY

 

This Purchase Agreement incorporates the
terms and conditions of the aircraft general terms agreement reference CSC 0800.890 dated as of June 15, 2009 between the Buyer
and the Seller (the “AGTA”).

 

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This Purchase Agreement and the
AGTA, contain the entire agreement between the Buyer and the Seller with respect to the subject matter hereof and supersedes all
previous proposals, understandings, commitments or representations whatsoever, oral or written, and may be changed only by mutual
agreement in writing signed by authorized representatives of the Buyer and the Seller.

 

With respect to the Aircraft,
the AGTA shall be deemed amended and supplemented to the extent herein provided and as so amended and supplemented shall remain
in full force and effect.

 

If there is any inconsistency
between the AGTA and this Purchase Agreement, the latter shall prevail to the extent of such inconsistency.

 

		11.	CONFIDENTIALITY

 

The Parties agree that the terms
and conditions of Clause 22.12 of the AGTA shall apply mutatis mutandis to this Purchase Agreement.

 

		12.	CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999

 

The parties do not intend that
any term of the AGTA and of this Purchase Agreement shall be enforceable solely by virtue of the Contracts (Rights of Third Parties)
Act 1999 by any person who is not a party to the AGTA and the Purchase Agreement.

 

The parties may rescind, vary,
waive, release, assign, novate or otherwise dispose of all or any of their respective rights or obligations under the AGTA or the
Purchase Agreement without the consent of any person who is not a party to the AGTA and the Purchase Agreement.

 

		13.	LAW AND JURISDICTION

 

		13.1	This Purchase Agreement and the AGTA shall be governed by and construed in accordance with the
laws of England.

 

		13.2	Any dispute arising out of or in connection with this Purchase Agreement and/or the AGTA shall
be finally settled under the Rules of Arbitration of the International Chamber of Commerce by three (3) arbitrators appointed in
accordance with such rules.

 

Arbitration shall take place
in London in the English language.

 

		14.	COUNTERPARTS

 

This Purchase Agreement has been
executed in three (3) original copies which are in English and may be executed in counterparts, each of which when so executed
and delivered shall be an original, but all such counterparts shall together constitute one and the same Purchase Agreement.

 

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IN WITNESS WHEREOF, this Purchase Agreement
was entered into the day and year above written.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LTD	 	 
	 	 	 
	/s/ Liu Shaoyong	 	/s/ Tom Enders
	 	 	 
	Name:  	Liu Shaoyong	 	Name: 	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged
	 
	CHINA EASTERN AVIATION IMPORT AND
	EXPORT CORPORATION

 

	/s/ Li Zhiyong
	 
	Name: 	Li Zhiyong
	 	 
	Title:	General Manager
	 	 
	Date:	17th October 2011

 

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APPENDIX A

 

AIRCRAFT STANDARD SPECIFICATIONS

 

The Standard Specifications for the A330
Family are attached in a separate folder

 

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Appendix B - 1

 

APPENDIX B-1

 

FORM OF A SPECIFICATION CHANGE NOTICE

 

	
         

         

        SPECIFICATION CHANGE NOTICE

         

        (SCN)
	
         

For

         

        SCN Number

        Issue

        Dated

        Page

 

	
         

        Title:

         

        Description:

         

         

         

         

         

        Remarks / References

         

         

        Specification changed by this SCN

         

        This SCN requires prior or concurrent acceptance
        of the following SCN (s):

         

	
         

        Price per aircraft

         

        US DOLLARS:

        AT DELIVERY CONDITIONS:

         

        This change will be effective on                  
        AIRCRAFT N°              and subsequent.

         

        Provided approval is received by

         

               Buyer approval
                                               Seller
        approval

         

               By   :                                                                   By   :

         

               Date:                                                                   Date:

         

 

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Appendix B - 1

 

	
         

         

        SPECIFICATION CHANGE NOTICE

         

        (SCN)
	
         

For

         

        SCN Number

        Issue

        Dated

        Page

 

	
         

        Specification repercussion:

        After contractual agreement with respect to weight,
        performance, delivery, etc, the indicated part of the specification wording will read as follows;

         

         

         

         

         

         

         

         

         

         

 

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Appendix B - 1

 

	
         

         

        SPECIFICATION CHANGE NOTICE

         

        (SCN)
	
         

For

         

        SCN Number

        Issue

        Dated

        Page

 

	
         

        Scope of change (FOR INFORMATION ONLY)

         

         

         

         

         

         

         

         

 

 

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Appendix B - 2

 

APPENDIX B-2

 

FORM OF A MANUFACTURER’S SPECIFICATION
CHANGE NOTICE

 

	
         

         

        MANUFACTURER’S SPECIFICATION

CHANGE
        NOTICE

         

        (MSCN)

         
	
         

For

         

        MSCN Number

        Issue

        Dated

        Page

 

	
         

        Title:

         

        Description:

         

         

         

         

        Effect on weight:

        ·
             Manufacturer’s Weight Empty change:

        ·
             Operational Weight Empty change:

        ·
             Allowable Payload change:

         

        Remarks / References

         

         

        Specification changed by this MSCN

         

         

	
         

        Price per aircraft 

         

        US DOLLARS:

        AT DELIVERY CONDITIONS:

         

        This change will be effective on                  
        AIRCRAFT N°              and subsequent.

         

        Provided MSCN is not rejected by

         

               Buyer approval
                                               Seller
        approval

         

               By    :
                                                                          By
           :

         

               Date :                                                                   Date :

         

 

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Appendix B - 2

 

	
         

         

        MANUFACTURER’S SPECIFICATION

 CHANGE
        NOTICE

         

        (MSCN)
	
         

For

         

        MSCN Number

        Issue

        Dated

        Page

 

	
         

        Specification repercussion:

        After contractual agreement with respect to weight,
        performance, delivery, etc, the indicated part of the specification wording will read as follows:

         

         

         

         

         

         

         

         

         

         

 

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Appendix B - 2

 

	
         

         

        MANUFACTURER’S SPECIFICATION

 CHANGE
        NOTICE

         

        (MSCN)
	
         

For

         

        MSCN Number

        Issue

        Dated

        Page

 

	
         

        Scope of change (FOR INFORMATION ONLY)

         

         

         

         

         

         

         

         

  

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Appendix C

 

APPENDIX C

 

AIRFRAME PRICE REVISION FORMULA

 

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CT1006772	Page 26/41	Private & Confidential

    	 

    

 

Appendix C

 

		1	AIRBUS PRICE REVISION FORMULA

 

		1.1	Base Prices

 

The Airframe Base Prices defined
in Sub-Clause 3.1 of this Purchase Agreement are subject to adjustment for changes in economic conditions as measured by data obtained
from the US Department of Labor, Bureau of Labor Statistics and in accordance with the provisions hereof.

 

		1.2	Base Period

 

The Base Prices have been established
in accordance with the average economic conditions prevailing in ***

 

***

 

		1.3	Indexes

 

***

 

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Appendix C

 

		1.4	Revision Formula

 

***

 

		1.5	General Provisions

 

		1.5.1	Rounding

 

***

 

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Appendix C

 

		1.5.2	Substitution of Indexes for AIRBUS Price Revision Formula

 

if;

 

		(i)	***

 

		(ii)	***

 

		(iii)	***

 

***

 

		1.5.3	Final Index Values

 

The index values as defined in
Clause 1.4. hereof shall be considered final and no further adjustment to the basic prices as revised at delivery of the Aircraft
shall be made after Aircraft delivery for any subsequent changes in the published index values.

 

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Appendix D-1

 

APPENDIX D-1

 

GENERAL ELECTRIC PRICE REVISION FORMULA

 

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Appendix
D-1

 

		1	Reference Price of the Propulsion Systems

 

***

 

		2	Reference Period

 

***

 

		3	Indexes

 

***

 

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Appendix
D-1

 

		4	Revision Formula

 

***

 

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CT1006772	Page 32/41	Private & Confidential

    	 

    

 

Appendix
D-1

 

		5	General Provisions

 

		5.1	***

 

		5.2	***

 

		5.3	***

 

		5.4	***

 

		5.5	***

 

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Appendix
D-2

 

APPENDIX
D-2

 

PRATT
& WHITNEY PRICE REVISION FORMULA

 

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Appendix
D-2

 

		1.	Reference Price of the Propulsion Systems

 

***

 

		2.	Reference Period

 

***

 

		3.	Indexes

 

***

 

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CT1006772	Page 35/41	Private & Confidential

    	 

    

 

Appendix
D-2

 

		4.	Revision Formula

 

***

 

		5.	General Provisions

 

		5.1	***

 

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Appendix
D-2

 

		5.2	***

 

		5.3	***

 

		5.4	***

 

		5.5	***

 

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Appendix
D-3

 

APPENDIX
D-3

 

ROLLS
ROYCE PRICE REVISION FORMULA

 

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Appendix
D-3

 

		1	Propulsion Systems Reference Price

 

***

 

		2	Reference Period

 

***

 

		3	Indexes

 

***

 

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Appendix
D-3

 

		4	Revision Formula

 

***

 

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CT1006772	Page 40/41	Private & Confidential

    	 

    

 

Appendix
D-3

 

		5	General Provisions

 

		5.1	***

 

		5.2	***

 

		5.3	***

 

		5.4	***

 

    	A330 – CES – OCT 2011
CT1006772	Page 41/41	Private & Confidential

    	 

    

 

Appendix
G

 

APPENDIX
G

 

TECHNICAL
DATA INDEX

 

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CT1006772	Appendix G	Page 1/14

    	 

    

 

Appendix
G

 

TECHNICAL
DATA INDEX

 

Where applicable data will be established
in general compliance with ATA 100 Information Standards for Aviation Maintenance, and the applicable provisions for digital standard
of ATA Specification 2200 (iSpec2200).

 

The following index identifies the Technical
Data provided in support of the Aircraft.

 

The explanation of the table is as follows:

 

	NOMENCLATURE	Self-explanatory.
	 	 
	ABBREVIATED DESIGNATION (Abbr)	Self-explanatory.
	 	 
	AVAILABILITY (Avail)	 
	 	 
	Technical Data can be made available:	 
	 	 
	***	 

 

FORMAT (Form)

 

Following Technical Data formats may be
used:

 

***

 

    	A330 – CES – OCT 2011
CT1006772	Appendix G	Page 2/14

    	 

    

 

Appendix
G

 

Ø*** 

 

Ø***

 

Ø***

 

Ø***

 

	TYPE	***
	 	 
	QUANTITY (Qty)	***
	 	 
	DELIVERY (Deliv)	***

 

    	A330 – CES – OCT 2011
CT1006772	Appendix G	Page 3/14

    	 

    

 

Appendix
G

 

OPERATIONAL
MANUALS AND DATA

 

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

 

SA =
Single Aisle: A318/A319/A320/A321 / LR = Long Range: A330/A340

 

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CT1006772	Appendix G	Page 4/14

    	 

    
 

APPENDIX G

 

	OPERATIONAL MANUALS AND DATA	 

 

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

 

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CT1006772	Appendix G	Page 5/14

    	 

    

 

EXHIBIT G

 

	MAINTENANCE AND ASSOCIATED MANUALS	 

 

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

  

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CT1006772	Appendix G	Page 6/14

    	 

    

 

EXHIBIT G

 

	MAINTENANCE AND ASSOCIATED MANUALS	  

 

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

 

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EXHIBIT G

 

	MAINTENANCE AND ASSOCIATED MANUALS	  

 

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

 

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EXHIBIT G

 

	MAINTENANCE AND ASSOCIATED MANUALS	 

  

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

 

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EXHIBIT G

 

	STRUCTURAL MANUALS	 

 

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

 

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EXHIBIT G

 

	OVERHAUL DATA	 

  

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

  

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EXHIBIT G

 

	ENGINEERING DOCUMENTS	 

 

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

  

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CT1006772	Appendix G	Page 12/14

    	 

    

 

EXHIBIT G

 

	MISCELLANEOUS PUBLICATIONS	 

 

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

  

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EXHIBIT G

 

	MISCELLANEOUS PUBLICATIONS	 

  

	NOMENCLATURE	Abbr	Avail	Form	Type	Qty	Deliv	Comments
	***	***	***	***	***	***	***	***

 

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LETTER AGREEMENT N°1

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Purchase Incentives

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

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LETTER AGREEMENT N°1

 

		1.	***

 

		2.	***

 

		3.	***

 

		4.	***

 

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LETTER AGREEMENT N°1

 

		5.	***

 

		6.	***

 

		7.	***

 

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LETTER AGREEMENT N°1

 

		8.	***

 

		9.	Assignment

 

Notwithstanding
any other provision of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations
of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention
of the provisions of this Clause shall be void and of no force or effect.

 

		10.	Confidentiality

 

This
Letter Agreement (and its existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective
obligations under this Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or
in part to any third party except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation
hereof.

 

In
particular, both Parties agree:

 

		-	not
to make any press release concerning the whole or any part of the contents and/or subject matter of this Letter Agreement without
the prior written consent of the other Party hereto.

 

		-	that
any and all terms and conditions of the transaction contemplated in this Letter Agreement are strictly personal and exclusive
to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into consultations with the Seller reasonably
in advance of any required disclosure of Personal Information to financial institutions, including operating lessors, investment
banks and their agents or other relevant institutions for aircraft sale and leaseback or any other Aircraft or Predelivery Payment
financing purposes (the “Receiving Party”).

 

Without
prejudice to the foregoing, any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between
the Buyer and the Seller, including in particular, but not limited to:

 

		(i)	the
contact details of the Receiving Party,

 

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LETTER AGREEMENT N°1

 

		(ii)	the extent of the
Personal Information subject to disclosure,

		(iii)	the Aircraft pricing
to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement.

 

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LETTER AGREEMENT N°1

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	Agreed and Accepted
	 	 
	For and on behalf of	For and on behalf of

 

	CHINA EASTERN AIRLINES	AIRBUS S.A.S.
	CORPORATION LIMITED	 

 

	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

Witnessed and acknowledged,

 

For and on behalf of

 

CHINA EASTERN AVIATION

IMPORT AND EXPORT CORPORATION

 

	/s/  Li Zhiyong
	 	 	 
	Name	:	Li Zhiyong
	 	 	 
	Title	:	General Manager
	 	 	 
	Date	:	17th October 2011

 

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LETTER AGREEMENT N°2

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Predelivery Payments

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 2	Page 1/4

    	 

    

 

LETTER AGREEMENT N°2

 

		1.	Predelivery payments

 

With respect only to the Aircraft
in the Purchase Agreement, sub-Clause 5.3.1 and 5.3.2 of the AGTA shall be considered void and replaced in its entirety by the
following text between the words “QUOTE” and “UNQUOTE”:

 

QUOTE

		5.3.1	   ***

  

		5.3.2	The Predelivery Payments shall be made in accordance with the following schedule:

 

	DUE DATE OF PAYMENTS	PERCENTAGE OF
	 	PREDELIVERY
	 	PAYMENT
	 	REFERENCE PRICE
	***	*** 

 

    	A330 – CES – OCT 2011
CT1006772	LA 2	Page 2/4

    	 

    

 

 

LETTER AGREEMENT N°2

 

It being understood that should the above schedule
result in any Predelivery Payment falling due prior to the date of signature of the Agreement, such Predelivery Payments shall
be made upon signature of this Agreement.

 

UNQUOTE

 

		2.	Assignment

 

Notwithstanding any other provision
of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations of the Buyer
herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions
of this Clause shall be void and of no force or effect.

 

		3.	Confidentiality

 

This Letter Agreement (and
its existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under
this Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third
party except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

	-	not to make any press release concerning the whole or any part of the contents and/or subject matter of this Letter Agreement without the prior written consent of the other Party hereto.
	 	 
	-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions, including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement..

 

    	A330 – CES – OCT 2011
CT1006772	LA 2	Page 3/4

    	 

    

 

LETTER AGREEMENT N°2

 

If the
foregoing correctly sets forth our understanding, please execute three (3) originals in the space provided below and return
one (1) original of this Letter Agreement to the Seller.

 

	Agreed and Accepted	Agreed and Accepted
	 	 
	For and on behalf of	For and on behalf of
	 	 
	CHINA EASTERN AIRLINES	AIRBUS S.A.S.
	CORPORATION LIMITED	 

 

	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

Witnessed and acknowledged,

 

For and on behalf of

 

CHINA EASTERN AVIATION

IMPORT AND EXPORT CORPORATION

 

	/s/ Li Zhiyong
	 	 	 
	Name	:	Li Zhiyong
	 	 	 
	Title	:	General Manager
	 	 	 
	Date	:	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 2	Page 4/4

    	 

    

 

LETTER AGREEMENT N°3

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Price Adjustment Limitation

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 3	Page 1/4

    	 

    

 

LETTER AGREEMENT N°3

 

		1.	Price Adjustment Limitation
	 	 	 
	 	 	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 3	Page 2/4

    	 

    

 

LETTER AGREEMENT N°3

 

		2.	Assignment

 

Notwithstanding any other provision
of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations of the Buyer
herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions
of this Clause shall be void and of no force or effect.

 

		3.	Confidentiality

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

	-	not to make any press release concerning the whole or any part of the contents and/or subject matter of this Letter Agreement without the prior written consent of the other Party hereto.
	 	 
	-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions, including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement..

 

    	A330 – CES – OCT 2011
CT1006772	LA 3	Page 3/4

    	 

    

 

LETTER AGREEMENT N°3

 

If the
foregoing correctly sets forth our understanding, please execute three (3) originals in the space provided below and return
one (1) original of this Letter Agreement to the Seller.

 

	Agreed and Accepted	Agreed and Accepted
	 	 
	For and on behalf of	For and on behalf of
	 	 
	CHINA EASTERN AIRLINES	AIRBUS S.A.S.
	CORPORATION LIMITED	 

 

	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

Witnessed and acknowledged,

 

For and on behalf of

 

CHINA EASTERN AVIATION

IMPORT AND EXPORT CORPORATION

 

	/s/ Li Zhiyong
	 	 	 
	Name	:	Li Zhiyong
	 	 	 
	Title	:	General Manager
	 	 	 
	Date	:	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 3	Page 4/4

    	 

    

 

LETTER AGREEMENT N°4

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Conversion Rights

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 4	Page 1/4

    	 

    

 

LETTER AGREEMENT N°4

 

		1.	Conversion Rights

 

		 	***

  

		2.	Assignment

 

Notwithstanding any other provision
of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations of the Buyer
herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions
of this Clause shall be void and of no force or effect

 

		3.	Confidentiality

 

This Letter Agreement (and
its existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under
this Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third
party except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

	-	not to make any press release concerning the whole or any part of the contents and/or subject matter of this Letter Agreement without the prior written consent of the other Party hereto.
	 	 
	-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions, including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

    	A330 – CES – OCT 2011
CT1006772	LA 4	Page 2/4

    	 

    

 

LETTER AGREEMENT N°4

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement..

 

    	A330 – CES – OCT 2011
CT1006772	LA 4	Page 3/4

    	 

    

 

LETTER AGREEMENT N°4

 

If the
foregoing correctly sets forth our understanding, please execute three (3) originals in the space provided below and return
one (1) original of this Letter Agreement to the Seller.

 

	Agreed and Accepted	Agreed and Accepted
	 	 
	For and on behalf of	For and on behalf of
	 	 
	CHINA EASTERN AIRLINES	AIRBUS S.A.S.
	CORPORATION LIMITED	 

  

	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

Witnessed and acknowledged,

 

For and on behalf of

 

CHINA EASTERN AVIATION

IMPORT AND EXPORT CORPORATION

 

	Signature	:	/s/ Li Zhiyong	 
	 	 	 	 
	Name	:	Li Zhiyong	 
	 	 	 	 
	Title	:	General Manager	 
	 	 	 	 
	Date	:	17th October 2011	 

 

    	A330 – CES – OCT 2011
CT1006772	LA 4	Page 4/4

    	 

    

 

LETTER AGREEMENT N° 5a

 

CHINA EASTERN AIRLINES CORPORATION LTD

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject: A330-200 PERFORMANCE GUARANTEES (General Electric CF6-80E1A4)

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5a	Page 1/7

    	 

    

 

LETTER AGREEMENT N°
5a

 

		1	AIRCRAFT CONFIGURATION

 

The guarantees defined below
(the “Guarantees”) are applicable to the A330-200 Aircraft equipped with General Electric CF6-80E1A4 propulsion system
as described in the Standard Specification Ref. G 000 02000 Issue 5.1 dated 30th April 2011 without taking into account
any further changes thereto as provided in the Agreement (the “Specification” for the purposes of this Letter Agreement).

 

		2	GUARANTEED PERFORMANCE

  

		2.1	Take-off Field Length

 

***

 

		2.2	Second Segment Climb

 

***

 

		2.3	Landing Field Length

 

***

 

		2.4	Cruise Specific Air Range

 

***

 

		3	MANUFACTURER’S WEIGH EMPTY

 

***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5a	Page 2/7

    	 

    

  

LETTER AGREEMENT N°
5a

 

		4	GUARANTEE CONDITIONS

 

		4.1	***

 

		4.2	***

 

		4.2.1	***

 

		4.3	***

 

		4.4	***

 

		4.5	***

 

		5	GUARANTEE COMPLIANCE

 

		5.1	***

 

		5.2	***

 

		5.3	***

 

		5.4	***

 

		5.5	***

 

		5.6	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5a	Page 3/7

    	 

    

 

LETTER AGREEMENT N°
5a

 

		5.7	***

 

		6	ADJUSTMENT OF GUARANTEES

 

		6.1	***

 

		6.2	***

 

		7	EXCLUSIVE GUARANTEES

 

***

 

		8	UNDERTAKING REMEDIES

 

***

 

		8.1	***

 

		8.2.1.	***

 

		8.2.2.	***

 

		8.3.	***

 

		8.4	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5a	Page 4/7

    	 

    

 

LETTER AGREEMENT N°
5a

 

***

 

		9.	ASSIGNMENT

 

Notwithstanding any other provision
of this Letter Agreement or of the Sales Proposal and/or the forthcoming Agreement, this Letter Agreement and the rights’ and obligations
of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention
of the provisions of this Clause shall be void and of no force or effect.

 

		10.	CONFIDENTIALITY

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfillment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

    	A330 – CES – OCT 2011
CT1006772	LA 5a	Page 5/7

    	 

    

 

LETTER AGREEMENT N°
5a

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
10 shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5a	Page 6/7

    	 

    

 

LETTER AGREEMENT N°
5a

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	Agreed and Accepted
	 	 
	For and on behalf of	For and on behalf of
	 	 
	CHINA EASTERN AIRLINES	AIRBUS S.A.S.
	CORPORATION LIMITED	 

 

	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION

 

	Signature:	/s/ Li Zhiyong	 
	 	 	 
	Name      :	Li Zhiyong	 
	 	 	 
	Title        :	General Manager	 
	 	 	 
	Date        :	17th October 2011	 

 

    	A330 – CES – OCT 2011
CT1006772	LA 5a	Page 7/7

    	 

    

 

LETTER AGREEMENT N°
5b

 

CHINA
EASTERN AIRLINES CORPORATION LTD

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject:
A330-200 PERFORMANCE GUARANTEES (Pratt and Whitney 4170)

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5b	Page 1/7

    	 

    

 

LETTER AGREEMENT N°
5b

 

		1	AIRCRAFT CONFIGURATION

 

***

 

		2	GUARANTEED PERFORMANCE

 

		2.1	Take-off Field Length

 

***

 

		2.2	Second Segment Climb

 

***

 

		2.3	Landing Field Length

 

***

 

		2.4	Cruise Specific Air Range

 

***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5b	Page 2/7

    	 

    

 

LETTER AGREEMENT N°
5b

 

		3	MANUFACTURER’S WEIGHT EMPTY

 

***

 

		4	GUARANTEE CONDITIONS

 

		4.1	***

 

		4.2	***

 

		4.2.1	***

 

		4.3	***

 

		4.4	***

 

		4.5	***

 

		5	GUARANTEE COMPLIANCE

 

		5.1	***

 

		5.2	***

 

		5.3	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5b	Page 3/7

    	 

    

 

LETTER AGREEMENT N°
5b

 

		5.4	***

 

		5.5	***

 

		5.6	***

 

		5.7	***

 

		6	ADJUSTMENT OF GUARANTEES

 

		6.1	***

 

		6.2	***

 

		7	EXCLUSIVE GUARANTEES

 

***

 

		8	UNDERTAKING REMEDIES

 

***

 

		8.1	***

 

		8,2.1.	***

 

		8.2.2.	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5b	Page 4/7

    	 

    

 

LETTER AGREEMENT N°
5b

 

		8.3.	***

 

		8.4	***

 

		9.	ASSIGNMENT

 

Notwithstanding any other provision
of this Letter Agreement or of the Sales Proposal and/or the forthcoming Agreement, this Letter Agreement and the rights and obligations
of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention
of the provisions of this Clause shall be void and of no force or effect.

 

		10.	CONFIDENTIALITY

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfillment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

    	A330 – CES – OCT 2011
CT1006772	LA 5b	Page 5/7

    	 

    

 

LETTER AGREEMENT N°
5b

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
10 shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5b	Page 6/7

    	 

    

 

LETTER AGREEMENT N°
5b

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	Agreed and Accepted
	 	 
	For and on behalf of	For and on behalf of
	 	 
	CHINA EASTERN AIRLINES	AIRBUS S.A.S.
	CORPORATION LIMITED	 

 

	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION

 

	Signature:	/s/ Li Zhiyong	 
	 	 	 
	Name   :	Li Zhiyong	 
	 	 	 
	Title      :	General Manager	 
	 	 	 
	Date    :	17th October 2011	 

 

    	A330 – CES – OCT 2011
CT1006772	LA 5b	Page 7/7

    	 

    

 

LETTER AGREEMENT N°
5c

 

CHINA EASTERN AIRLINES CORPORATION
LTD

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject: A330-200 PERFORMANCE
GUARANTEES (Rolls-Royce Trent 772B/772C “EP”)

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5c	Page 1/7

    	 

    

 

LETTER AGREEMENT N°
5c

 

		1	AIRCRAFT CONFIGURATION

 

***

 

		2	GUARANTEED PERFORMANCE

 

		2.1	Take-off Field Length

 

***

 

		2.2	Second Segment Climb

 

***

 

		2.3	Landing Field Length

 

***

 

		2.4	Cruise Specific Air Range

 

***

 

		3	MANUFACTURER’S WEIGHT EMPTY

 

***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5c	Page 2/7

    	 

    

 

LETTER AGREEMENT N°
5c

 

	 	***

 

		4	GUARANTEE CONDITIONS

 

		4.1	***

 

		4.2	***

 

		4.2.1	***

 

		4.3	***

 

		4.4	***

 

		4.5	***

 

		5	GUARANTEE COMPLIANCE

 

		5.1	***

 

		5.2	***

 

		5.3	***

 

		5.4	***

 

		5.5	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5c	Page 3/7

    	 

    

 

LETTER AGREEMENT N°
5c

 

		5.6	***

 

		5.7	***

 

		6	ADJUSTMENT OF GUARANTEES

 

		6.1	***

 

		6.2	***

 

		7	EXCLUSIVE GUARANTEES

 

***

 

		8	UNDERTAKING REMEDIES

 

***

 

		8.1	***

 

		8.2.1.	***

 

		8.2.2.	***

 

		8.3.	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5c	Page 4/7

    	 

    

 

LETTER AGREEMENT N°
5c

 

		8.4	***

 

		9.	ASSIGNMENT

 

Notwithstanding any other provision
of this Letter Agreement or of the Sales Proposal and/or the forthcoming Agreement, this Letter Agreement and the rights and obligations
of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention
of the provisions of this Clause shall be void and of no force or effect.

 

		10.	CONFIDENTIALITY

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfillment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

    	A330 – CES – OCT 2011
CT1006772	LA 5c	Page 5/7

    	 

    

 

LETTER AGREEMENT N°
5c

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
10 shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5c	Page 6/7

    	 

    

 

LETTER AGREEMENT N°
5c

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	Agreed and Accepted
	 	 
	For and on behalf of	For and on behalf of
	 	 
	CHINA EASTERN AIRLINES	AIRBUS S.A.S.
	CORPORATION LIMITED	 

 

	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION

 

	Signature:	/s/ Li Zhiyong	 
	 	 	 
	Name      :	Li Zhiyong	 
	 	 	 
	Title        :	General Manager	 
	 	 	 
	Date       :	17th October 2011	 

 

    	A330 – CES – OCT 2011
CT1006772	LA 5c	Page 7/7

    	 

    

 

LETTER AGREEMENT N°
5d

 

CHINA EASTERN AIRLINES CORPORATION
LTD

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject: A330-300 PERFORMANCE
GUARANTEES (General Electric CF6-80E1A4)

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5d	Page 1/7

    	 

    

 

LETTER AGREEMENT N°
5d

 

		1	AIRCRAFT CONFIGURATION

 

***

 

		2	GUARANTEED PERFORMANCE

  

		2.1	Take-off Field Length

 

***

 

		2.2	Second Segment Climb

 

***

 

		2.3	Landling Field Length

 

***

 

		2.4	Cruise Specific Air Range

 

***

 

		3	MANUFACTURER’S WEIGHT EMPTY

 

***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5d	Page 2/7

    	 

    

 

LETTER AGREEMENT N°
5d

 

		4	GUARANTEE CONDITIONS

 

		4.1	***

 

		4.2	***

 

		4.2.1	***

 

		4.3	***

 

		4.4	***

 

		4.5	***

 

		5	GUARANTEE COMPLIANCE

 

		5.1	***

 

		5.2	***

 

		5.3	***

 

		5.4	***

 

		5.5	***

 

		5.6	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5d	Page 3/7

    	 

    

 

LETTER AGREEMENT N°
5d

 

		5.7	***

 

		6	ADJUSTMENT OF GUARANTEES

 

		6.1	***

 

		6.2	***

 

		7	EXCLUSIVE GUARANTEES

 

***

 

		8	UNDERTAKING REMEDIES

 

***

 

		8.1	***

 

		8.2.1.	***

 

		8.2.2.	***

 

		8.3.	***

 

		8.4	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5d	Page 4/7

    	 

    

 

LETTER AGREEMENT N°
5d

 

	 	***

 

		9.	ASSIGNMENT

 

Notwithstanding any other provision
of this Letter Agreement or of the Sales Proposal and/or the forthcoming Agreement, this Letter Agreement and the rights and obligations
of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention
of the provisions of this Clause shall be void and of no force or effect.

 

		10.	CONFIDENTIALITY

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfillment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably In advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

    	A330 – CES – OCT 2011
CT1006772	LA 5d	Page 5/7

    	 

    

 

LETTER AGREEMENT N°
5d

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
10 shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5d	Page 6/7

    	 

    

 

LETTER AGREEMENT N°
5d

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	Agreed and Accepted
	 	 
	For and on behalf of	For and on behalf of
	 	 
	CHINA EASTERN AIRLINES	AIRBUS S.A.S.
	CORPORATION LIMITED	 

 

	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION

 

	Signature:	/s/ Li Zhiyong	 
	 	 	 
	Name       :	Li Zhiyong	 
	 	 	 
	Title         :	General Manager	 
	 	 	 
	Date         :	17th October 2011	 

 

    	A330 – CES – OCT 2011
CT1006772	LA 5d	Page 7/7

    	 

    

 

LETTER
AGREEMENT N° 5e

 

CHINA
EASTERN AIRLINES CORPORATION LTD

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject:
A330-300 PERFORMANCE GUARANTEES (Pratt and Whitney 4170)

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5e	Page 1/7

    	 

    

 

LETTER
AGREEMENT N° 5e

 

		1	AIRCRAFT CONFIGURATION

 

***

 

		2	guaranteed performance

  

		2.1	Take-off Field Length

 

***

 

		2.2	Second Segment Climb

 

***

 

		2.3	Landing Field Length

 

***

 

		2.4	Cruise Specific Air Range

 

***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5e	Page 2/7

    	 

    

 

LETTER
AGREEMENT N° 5e

 

		3	MANUFACTURER’S WEIGHT EMPTY

 

***

 

		4	GUARANTEE CONDITIONS

 

		4.1	***

 

		4.2	***

 

		4.2.1	***

 

		4.3	***

 

		4.4	***

 

		4.5	***

 

		5	GUARANTEE COMPLIANCE

 

		5.1	***

 

		5.2	***

 

		5.3	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5e	Page 3/7

    	 

    

 

LETTER
AGREEMENT N° 5e

 

		5.4	***

 

		5.5	***

 

		5.6	***

 

		5.7	***

 

		6	ADJUSTMENT OF GUARANTEES

 

		6.1	***

 

		6.2	***

 

		7	EXCLUSIVE GUARANTEES

 

***

 

		8	UNDERTAKING REMEDIES

 

***

 

		8.1	***

 

		8.2.1.	***

 

		8.2.2.	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5e	Page 4/7

    	 

    

 

LETTER
AGREEMENT N° 5e

 

		8.3.	***

 

		8.4	***

 

		9.	ASSIGNMENT

 

Notwithstanding any other provision
of this Letter Agreement or of the Sales Proposal and/or the forthcoming Agreement, this Letter Agreement and the rights and obligations
of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention
of the provisions of this Clause shall be void and of no force or effect.

 

		10.	CONFIDENTIALITY

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfillment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

    	A330 – CES – OCT 2011
CT1006772	LA 5e	Page 5/7

    	 

    

 

LETTER
AGREEMENT N° 5e

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
10 shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5e	Page 6/7

    	 

    

 

LETTER
AGREEMENT N° 5e

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	Agreed and Accepted
	 	 
	For and on behalf of	For and on behalf of
	 	 
	CHINA EASTERN AIRLINES	AIRBUS S.A.S.
	CORPORATION LIMITED	 

 

	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION

 

	Signature:	/s/ Li Zhiyong	 
	 	 	 
	Name      :	Li Zhiyong	 
	 	 	 
	Title        :	General Manager	 
	 	 	 
	Date        :	17th October 2011	 

 

    	A330 – CES – OCT 2011
CT1006772	LA 5e	Page 7/7

    	 

    

 

LETTER AGREEMENT N°
5f

 

CHINA
EASTERN AIRLINES CORPORATION LTD

Hongqiao international Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject:
A330-300 PERFORMANCE GUARANTEES (Rolls-Royce Trent 772B/772C “EP”)

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated as of
June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement” and
collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the sale
by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5f	Page 1/7

    	 

    

 

LETTER AGREEMENT N°
5f

 

		1	AIRCRAFT CONFIGURATION

 

***

 

		2	GUARANTEED PERFORMANCE

 

		2.1	Take-off Field Length

 

***

 

		2.2	Second Segment Climb

 

***

 

		2.3	Landing Field Length

 

***

 

		2.4	Cruise Specific Air Range

 

***

 

		3.	MANUFACTURER’S WEIGHT EMPTY

 

***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5f	Page 2/7

    	 

    

 

LETTER AGREEMENT N° 5f

 

		 	***

 

		4	GUARANTEE CONDITIONS

 

		4.1	***

 

		4.2	***

 

		4.2.1	***

 

		4.3	***

 

		4.4	***

 

		4.5	***

  

		5	GUARANTEE COMPLIANCE

 

		5.1	***

 

		5.2	***

 

		5.3	***

 

		5.4	***

 

		5.5	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5f	Page 3/7

    	 

    

 

LETTER AGREEMENT N° 5f

 

		5.6	***

		 	

		5.7	***

 

		6	ADJUSTMENT OF GUARANTEES

 

		6.1	***

		 	

		6.2	***

 

		7	EXCLUSIVE GUARANTEES

 

		 	***

 

		8	UNDERTAKING REMEDIES

 

		8.1	***

 

		8.2.1.	***

 

		8.2.2.	***

 

		8.3.	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 5f	Page 4/7

    	 

    

 

LETTER AGREEMENT N° 5f

 

		8.4	***

 

		9.	ASSIGNMENT

 

Notwithstanding any other provision
of this Letter Agreement or of the Sales Proposal and/or the forthcoming Agreement, this Letter Agreement and the rights and obligations
of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention
of the provisions of this Clause shall be void and of no force or effect.

 

		10.	CONFIDENTIALITY

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfillment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

    	A330 – CES – OCT 2011
CT1006772	LA 5f	Page 5/7

    	 

    

 

LETTER AGREEMENT N° 5f

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
10 shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement.

 

    	A330 – CES – OCT 2011
CT1006772	LA 5f	Page 6/7

    	 

    

 

LETTER AGREEMENT N° 5f

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LIMITED	 	 
	 	 	 
	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION
	 	 
	Signature:	/s/ Li Zhiyong
	 	 
	Name      :	Li Zhiyong
	 	 
	Title        :	General Manager
	 	 
	Date        :	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 5f	Page 7/7

    	 

    

 

LETTER AGREEMENT N°6

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Approvals

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 6	Page 1/4

    	 

    

 

LETTER AGREEMENT N°6

 

		1.	Listing Matters

 

***

 

		2.	Shareholder Approval.

 

***

 

		3.	Government Approval.

 

***

 

		4.	Assignment

 

Notwithstanding any other provision
of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations of the Buyer
herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions
of this Clause shall be void and of no force or effect.

 

    	A330 – CES – OCT 2011
CT1006772	LA 6	Page 2/4

    	 

    

 

LETTER AGREEMENT N°6

 

		5.	Confidentiality

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement.

 

    	A330 – CES – OCT 2011
CT1006772	LA 6	Page 3/4

    	 

    

 

LETTER AGREEMENT N°6

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LIMITED	 	 
	 	 	 
	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION
	 	 
	Signature:	/s/ Li Zhiyong
	 	 
	Name      :	Li Zhiyong
	 	 
	Title        :	General Manager
	 	 
	Date        :	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 6	Page 4/4

    	 

    

 

LETTER AGREEMENT N°7

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Customer Support Services

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement” and
collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the sale
by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 07	Page 1/6

    	 

    

 

LETTER AGREEMENT N°7

 

		1.	Training

 

***

 

		2.	Training Software

 

***

 

		3.	Training Organization / Location

 

***

 

    	A330 – CES – OCT 2011
CT1006772	LA 07	Page 2/6

    	 

    

 

LETTER AGREEMENT N°7

 

***

 

		4.	Lump Sum Warranty Credit

 

***

 

		5.	Warranted Part Shipping

 

***

 

		6.	Technical Documentation

 

***

 

		7	Customer Support Credit Memo Allocation

 

***

 

    	A330 – CES – OCT 2011
CT1006772	LA 07	Page 3/6

    	 

    

 

LETTER AGREEMENT N°7

 

		7.1	Airbus Advanced Computer Based Training

 

***

 

		7.2	PEP Revision Service

 

***

 

		7.3	Airbus Instructor’s Travel and Living

 

***

 

		8.	Assignment

 

Notwithstanding any other provision
of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations of the Buyer
herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions
of this Clause shall be void and of no force or effect.

 

		9.	Confidentiality

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

    	A330 – CES – OCT 2011
CT1006772	LA 07	Page 4/6

    	 

    

 

LETTER AGREEMENT N°7

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement.

 

    	A330 – CES – OCT 2011
CT1006772	LA 07	Page 5/6

    	 

    

 

LETTER AGREEMENT N°7

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LIMITED	 	 
	 	 	 
	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION
	 	 
	Signature:	/s/ Li Zhiyong
	 	 
	Name      :	Li Zhiyong
	 	 
	Title        :	General Manager
	 	 
	Date        :	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 7	Page 6/6

    	 

    

 

LETTER AGREEMENT N°8

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Miscellaneous Issues

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 8	Page 1/5

    	 

    

 

LETTER AGREEMENT N°8

 

		1.	A330 Technical Acceptance Process

 

***

 

QUOTE

 

		(i)	***

 

UNQUOTE

 

		2.	Termination for Non-Excusable Delay

 

***

 

QUOTE

 

		11.3	Termination

 

***

 

UNQUOTE

 

    	A330 – CES – OCT 2011
CT1006772	LA 8	Page 2/5

    	 

    

 

LETTER AGREEMENT N°8

 

		3.	Ferry Flight

 

***

 

QUOTE

 

		9.3.2	***

 

UNQUOTE

 

		4.	Assignment

 

Notwithstanding any other provision
of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations of the Buyer
herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions
of this Clause shall be void and of no force or effect.

 

		5.	Confidentiality

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

 

    	A330 – CES – OCT 2011
CT1006772	LA 8	Page 3/5

    	 

    

 

LETTER AGREEMENT N°8

 

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement..

 

    	A330 – CES – OCT 2011
CT1006772	LA 8	Page 4/5

    	 

    

 

LETTER AGREEMENT N°8

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LIMITED	 	 
	 	 	 
	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION
	 	 
	Signature:	/s/ Li Zhiyong
	 	 
	Name      :	Li Zhiyong
	 	 
	Title        :	General Manager
	 	 
	Date        :	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 8	Page 5/5

    	 

    

 

LETTER AGREEMENT N°9

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao international Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : A350XWB Incentives

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 9	Page 1/4

    	 

    

 

LETTER AGREEMENT N°9

 

		1.	***

 

    	A330 – CES – OCT 2011
CT1006772	LA 9	Page 2/4

    	 

    

 

LETTER AGREEMENT N°9

 

		2.	Assignment

 

Notwithstanding any other provision
of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations of the Buyer
herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions
of this Clause shall be void and of no force or effect.

 

		3.	Confidentiality

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement..

 

    	A330 – CES – OCT 2011
CT1006772	LA 9	Page 3/4

    	 

    

 

LETTER AGREEMENT N°9

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LIMITED	 	 
	 	 	 
	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION
	 	 
	Signature:	/s/ Li Zhiyong
	 	 
	Name      :	Li Zhiyong
	 	 
	Title        :	General Manager
	 	 
	Date        :	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 9	Page 4/4

    	 

    

 

LETTER AGREEMENT N°10

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Exceptional Incentives

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated as
of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 10	Page 1/4

    	 

    

 

LETTER AGREEMENT N°10

 

		1.	***

 

		2.	***

 

		3.	***

 

		4.	Assignment

 

Notwithstanding any other provision
of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations of the Buyer
herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions
of this Clause shall be void and of no force or effect.

 

		5.	Confidentiality

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

    	A330 – CES – OCT 2011
CT1006772	LA 10	Page 2/4

    	 

    

 

LETTER AGREEMENT N°10

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement..

 

    	A330 – CES – OCT 2011
CT1006772	LA 10	Page 3/4

    	 

    

 

LETTER AGREEMENT N°10

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LIMITED	 	 
	 	 	 
	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION
	 	 
	Signature:	/s/ Li Zhiyong
	 	 
	Name      :	Li Zhiyong
	 	 
	Title        :	General Manager
	 	 
	Date        :	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 10	Page 4/4

    	 

    

 

LETTER AGREEMENT N°11

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Financing Assistance

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(“CHINA EASTERN”) and AIRBUS S.A.S. (“AIRBUS”) have entered into an aircraft general terms agreement
dated as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase
Agreement” and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers
the manufacture and the sale by AIRBUS and the purchase by CHINA EASTERN of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 11	Page 1/4

    	 

    

 

LETTER AGREEMENT N°11

 

		1.	GENERAL

 

***

 

		2.	LETTER AGREEMENT ASSIGNMENTS AND TRANSFERS

 

***

 

		3.	CONFIDENTIALITY

 

This Letter Agreement (and its existence)
or any data exchanged between CHINA EASTERN and AIRBUS for the fulfillment of their respective obligations under this Letter Agreement
shall be treated by both parties as confidential and shall not be released in whole or in part to any third party except as may
be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both parties agree:

 

		(a)	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto; and

 

		(b)	that any and all terms and conditions
                                                           of the transactions contemplated in this Letter Agreement are strictly
                                                           personal and exclusive to CHINA EASTERN, (the “Personal
                                                           Information”). CHINA EASTERN therefore agrees to enter
                                                           into consultations with AIRBUS reasonably in advance of any required
                                                           disclosure of Personal Information to financial institutions, including
                                                           operating lessors, investment banks and their agents or other relevant
                                                           institutions for aircraft sale and leaseback or any other Aircraft
                                                           or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing, any
disclosure of Personal Information to a Receiving Party shall be subject to written agreement between CHINA EASTERN and AIRBUS,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party;

 

		(ii)	the extent of the Personal Information subject to disclosure; and

 

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, CHINA EASTERN shall use Its
best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any filing required
to be made by CHINA EASTERN with any governmental or regulatory agency. CHINA EASTERN agrees that prior to any such disclosure
or filing, AIRBUS and CHINA EASTERN shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

    	A330 – CES – OCT 2011
CT1006772	LA 11	Page 2/4

    	 

    

 

LETTER AGREEMENT N°11

 

The Provisions of this clause shall survive
any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last Aircraft to be
delivered under the Agreement.

 

    	A330 – CES – OCT 2011
CT1006772	LA 11	Page 3/4

    	 

    

 

LETTER AGREEMENT N°11

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LIMITED	 	 
	 	 	 
	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION
	 	 
	Signature:	/s/ Li Zhiyong
	 	 
	Name      :	Li Zhiyong
	 	 
	Title        :	General Manager
	 	 
	Date        :	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 11	Page 4/4

    	 

    

 

LETTER AGREEMENT N°12

 

CHINA
EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : ADOC
WEB for Flight Ops Software

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Letter Agreement,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Letter Agreement.

 

If there is any inconsistency between the
Agreement and this Letter Agreement, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	LA 12	Page 1/4

    	 

    

 

LETTER AGREEMENT N°12

 

		1.	Additional Customer Support Credit Memo Allocation

 

***

 

		2.	ADOC WEB for flight ops software

 

*** 

 

		3.	Additional CM Allocation Conditions

 

*** 

 

		4.	Assignment

 

Notwithstanding any other provision
of this Letter Agreement, the AGTA or the Purchase Agreement, this Letter Agreement and the rights and obligations of the Buyer
herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions
of this Clause shall be void and of no force or effect.

 

    	A330 – CES – OCT 2011
CT1006772	LA 12	Page 2/4

    	 

    

 

LETTER AGREEMENT N°12

 

		5.	Confidentiality

 

This Letter Agreement (and its
existence) or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under this
Letter Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party
except as may be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Letter Agreement without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Letter Agreement
are strictly personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into
consultations with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions,
including operating lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or
any other Aircraft or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Letter Agreement to the extent legally permissible in any
filing required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

The provisions of this Clause
shall survive any termination of this Letter Agreement for a period of twelve (12) years after the date of Delivery of the last
Aircraft to be delivered under the Purchase Agreement..

 

    	A330 – CES – OCT 2011
CT1006772	LA 12	Page 3/4

    	 

    

 

LETTER AGREEMENT N°12

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LIMITED	 	 
	 	 	 
	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION
	 	 
	Signature:	/s/ Li Zhiyong
	 	 
	Name      :	Li Zhiyong
	 	 
	Title        :	General Manager
	 	 
	Date        :	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	LA 12	Page 4/4

    	 

    

 

SIDE LETTER N°1

 

CHINA EASTERN AIRLINES CORPORATION LIMITED

Hongqiao International Airport,

No. 2550 Hongqiao Road,

Shanghai 200335,

People’s Republic of China

 

Subject : Additional Incentive

 

CHINA EASTERN AIRLINES CORPORATION LIMITED
(the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an aircraft general terms agreement dated
as of June 15, 2009 (the “AGTA”) and an A330 family purchase agreement (individually the “Purchase Agreement”
and collectively with the AGTA the “Agreement”) dated as of even date herewith, which covers the manufacture and the
sale by the Seller and the purchase by the Buyer of the Aircraft.

 

Capitalized terms used herein and not otherwise
defined in this Side Letter shall have the meanings assigned thereto in the Agreement.

 

Both parties agree that this Side Letter,
upon execution thereof, shall constitute an integral, nonseverable part of said Agreement and shall be governed by all its provisions,
as such provisions have been specifically amended pursuant to this Side Letter.

 

If there is any inconsistency between the
Agreement and this Side Letter, the latter shall prevail to the extent of such inconsistency.

 

    	A330 – CES – OCT 2011
CT1006772	SL 1	Page 1/4

    	 

    

 

SIDE LETTER N°1

 

		1.	Closing Credit

 

		1.1	***

 

		1.2	***

 

		2.	Assignment

 

Notwithstanding any other provision
of this Side Letter, the AGTA or the Purchase Agreement, this Side Letter and the rights and obligations of the Buyer herein shall
not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of the provisions of this
Clause shall be void and of no force or effect.

 

		3.	Confidentiality

 

This Side Letter (and its existence)
or any data exchanged between the Buyer and the Seller for the fulfilment of their respective obligations under this Side Letter
shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party except as may
be required by law, or to auditors, legal or tax advisors for the purpose of implementation hereof.

 

In particular, both Parties agree:

 

		-	not to make any press release concerning the whole or any part of the contents and/or subject matter
of this Side Letter without the prior written consent of the other Party hereto.

 

		-	that any and all terms and conditions of the transaction contemplated in this Side Letter are strictly
personal and exclusive to the Buyer, (the “Personal Information”). The Buyer therefore agrees to enter into consultations
with the Seller reasonably in advance of any required disclosure of Personal Information to financial institutions, including operating
lessors, investment banks and their agents or other relevant institutions for aircraft sale and leaseback or any other Aircraft
or Predelivery Payment financing purposes (the “Receiving Party”).

 

Without prejudice to the foregoing,
any disclosure of Personal Information to a Receiving Party shall be subject to written agreement between the Buyer and the Seller,
including in particular, but not limited to:

 

		(i)	the contact details of the Receiving Party,

		(ii)	the extent of the Personal Information subject to disclosure,

		(iii)	the Aircraft pricing to be provided to the Receiving Party.

 

Furthermore, the Buyer shall
use its best efforts to limit the disclosure of the contents of this Side Letter to the extent legally permissible in any filing
required to be made by the Buyer with any governmental or regulatory agency. The Buyer agrees that prior to any such disclosure
or filing, the Seller and the Buyer shall jointly review and agree on the terms and conditions of the document to be filed or disclosed.

 

    	A330 – CES – OCT 2011
CT1006772	SL 1	Page 2/4

    	 

    

 

SIDE LETTER N°1

 

The provisions of this Clause
shall survive any termination of this Side Letter for a period of twelve (12) years after the date of Delivery of the last Aircr4aft
to be delivered under the Purchase Agreement..

 

    	A330 – CES – OCT 2011
CT1006772	SL 1	Page 3/4

    	 

    

 

SIDE LETTER N°1

 

If the foregoing correctly sets forth our
understanding, please execute three (3) originals in the space provided below and return one (1) original of this Letter Agreement
to the Seller.

 

	Agreed and Accepted	 	Agreed and Accepted
	 	 	 
	For and on behalf of	 	For and on behalf of
	 	 	 
	CHINA EASTERN AIRLINES	 	AIRBUS S.A.S.
	CORPORATION LIMITED	 	 
	 	 	 
	Signature:	/s/ Liu Shaoyong	 	Signature:	/s/ Tom Enders
	 	 	 	 	 
	Name:	Liu Shaoyong	 	Name:	Tom Enders
	 	 	 	 	 
	Title:	Chairman	 	Title:	Chief Executive Officer

 

	Witnessed and acknowledged,
	 
	For and on behalf of
	 
	CHINA EASTERN AVIATION
	IMPORT AND EXPORT CORPORATION
	 	 
	Signature:	/s/ Li Zhiyong
	 	 
	Name      :	Li Zhiyong
	 	 
	Title        :	General Manager
	 	 
	Date        :	17th October 2011

 

    	A330 – CES – OCT 2011
CT1006772	SL 1	Page 4/4

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