Document:

EX-4.1.7

 EXHIBIT 4.1.7 

AMENDMENT No.13 
 TO
THE 
 SECOND A320 FAMILY PURCHASE AGREEMENT 

BETWEEN 
 LATAM AIRLINES GROUP
S.A. 
 (formerly known as LAN AIRLINES S.A.) 

AND 
 AIRBUS S.A.S. 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	1/15	 	

 This amendment No.13 to the Second A320 Family Purchase Agreement (as defined below) is entered into as of 191
August, 2013, by and between 
 AIRBUS S.A.S., having its principal office at 

1 Rond-Point Maurice Bellante 
 31707 BLAGNAC-CEDEX 

FRANCE 
 (hereinafter referred to as the
“Seller”) of the one part 
 AND 
 LATAM
AIRLINES GROUP S.A. (formerly known as LAN AIRLINES S.A.) having its principal office at: 
 Edificio Huidobro 

Avenida Presidente Riesco 5711- 20th Floor 
 Las Condes 

SANTIAGO 
 CHILE 

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

The Buyer and the Seller being collectively referred to as the “Parties” and individually as a “Party” 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	2/15	 	

 WHEREAS 
  

	A.	The Buyer and the Seller entered into an A320 family purchase agreement dated March 20th, 1998 covering the purchase by the Buyer and the sale by the Seller of twenty (20) A320 family aircraft bearing rank numbers
1 to 20. By an amendment No.1 to such purchase agreement, entered into by the Buyer and the Seller on February 24th, 2000 the number of A320 family aircraft to be purchased by the Buyer pursuant to such purchase agreement was increased to
twenty five (25), with the additional five (5) A320 family aircraft bearing rank numbers 21 to 25. Such twenty five (25) A320 family aircraft are hereinafter referred to as the “Original A320 Family Aircraft”, and such purchase
agreement, amendment No.1, and all exhibits, appendices and letter agreements thereto are together referred to as the “Original A320 Family Purchase Agreement”. 

 

	B.	The Buyer and the Seller entered into a deed of amendment and restatement of the Original A320 Family Purchase Agreement, dated August 2nd, 2000, dividing the Original A320 Family Purchase Agreement into two
(2) separate purchase agreements, the first agreement concerning the Original A320 Family Aircraft bearing rank numbers 1 to 20, and the second agreement concerning the Original A320 Family Aircraft bearing rank numbers 21 to 25. The second
agreement as supplemented with all exhibits and appendices thereto is hereinafter referred to as the “Second A320 Family Purchase Agreement”. 

  

	C.	The Buyer and the Seller entered into an amendment No.1 to the Second A320 Family Purchase Agreement dated November 14th 2003 (the “Amendment No.1”) modifying certain provisions of the Second A320 Family
Purchase Agreement. 

  

	D.	The Buyer and the Seller entered into an amendment No.2 to the Second A320 Family Purchase Agreement dated October 4th, 2005 (the “Amendment No.2”) covering the purchase by the Buyer and the safe by the Seller
of twenty five (25) additional firm A320 family aircraft comprising twenty (20) A318-100, one (1) A319-100 and four (4) A320-200 aircraft type (the “Additional Aircraft”). 

 

	E.	The Buyer and the Seller entered into an amendment No.3 to the Second A320 Family Purchase Agreement dated March 6th, 2007 (the “Amendment No.3”) covering the conversion of fifteen (15) Option Aircraft
(as defined in the Amendment No.2) into firmly ordered Converted Aircraft (as defined in Amendment No.3). 

  

	F.	The Buyer and the Seller entered into an amendment No. 4 to the Second A320 Family Purchase Agreement dated June 11th, 2008 (the “Amendment No.4”) covering the conversion of five (5) A318100
Additional Aircraft bearing rank Nos. 26 to 30 as set forth in Amendment No.2 and three (3) A318-100 Converted Aircraft bearing rank Nos. 37, 40 and 43 as set forth in Amendment No.3, into A319 aircraft type. 

 

	G.	The Buyer and the Seller entered into an amendment No. 5 to the Second A320 Family Purchase Agreement dated December 23rct 2009 (the “Amendment No.5”) covering the order of thirty (30) incremental
A319-100 and A320*200 aircraft {the “Incremental Aircraft”) and amending certain provisions of the Second A320 Family Purchase Agreement. 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	3/15	 	

	H.	[* * *]. 

  

	I.	The Buyer and the Seller entered into an amendment No. 6 to the Second A320 Family Purchase Agreement dated May 10th, 2010 (the “Amendment No.6”) covering the conversion of the aircraft type of three
(3) A319-100 First Batch of Incremental Aircraft (as defined in the Amendment No.5) into firmly ordered A320-200 First Batch Incremental Aircraft and the advancement of the scheduled delivery positions of Two (2) Aircraft from the First
Batch of Incremental Aircraft and Eleven (11) Aircraft from the Second Batch of Incremental Aircraft (as defined in the Amendment No.5). 

  

	J.	The Buyer and the Seller entered into an amendment No. 7 to the Second A320 Family Purchase Agreement dated May 19th, 2010 (the “Amendment No.7”) covering the advancement of the scheduled delivery
positions of Three (3) Converted Aircraft. 

  

	K.	The Buyer and the Seller entered into an amendment No. 8 to the Second A320 Family Purchase Agreement dated September 23rd, 2010 (the “Amendment No.8”) covering {i) the advancement of the scheduled
delivery positions of Two (2) Aircraft from the First Batch of Incremental Aircraft and Two (2) Aircraft from the Second Batch of Incremental Aircraft and (ii) the conversion of the aircraft type of one (1) A319-100 from the
Second Batch of Incremental Aircraft into firmly ordered A320-200 from the Second Batch Incremental Aircraft. 

  

	L.	The Buyer and the Seller entered into an amendment No. 9 to the Second A320 Family Purchase Agreement dated December 21st 2010 (the “Amendment No.9”) covering the order of frfl:y
(50) incremental A319-100, A320-200 and A321-200 aircraft, and, amending certain provisions of the Second A320 Family Purchase Agreement. 

  

	M.	[* * *]. 

  

	N.	The Buyer and the Seller entered into an amendment No. 10 to the Second A320 Family Purchase Agreement dated June 101h 2011 (the “Amendment No.10”) covering (i) the conversion of certain Aircraft
type, (ii) the Sharklets selection for certain Aircraft, and (iii) the notification of the scheduled delivery months for the Aircraft scheduled to be delivered in the fourth quarter 2012 and the first quarter 2013. 

 

	O.	The Buyer and the Seller entered into an amendment No. 11 to the Second A320 Family Purchase Agreement (the “Amendment No.11”) covering (i) the postponement of certain Aircraft scheduled delivery
position, and (ii) the conversion of certain Aircraft type. 

  

	P.	The Buyer and the Seller entered into amendment No. 12 to the Second A320 Family Purchase Agreement (the “Amendment No.12”) covering (i) the conversion of three (3) Aircraft type with rank
number 61, rank number 63 and rank number 89, (ii) the identification of certain Aircraft as Sharklet Installed Aircraft and others as Sharklet Capable Aircraft, and (iii) the notification of the Scheduled Delivery Month for certain Aircraft.

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	4/15	 	

	Q.	The Buyer and the Seller wish to enter into this amendment No. 13 to the Second A320 Family Purchase Agreement (the “Amendment No. 13”) covering, among other related commercial matters, (i) the
conversion of certain Aircraft type and (ii) the postponement of certain Aircraft scheduled delivery months/quarters. 

 NOW IT IS HEREBY
AGREED AS FOLLOWS: 
  

	0.	DEFINITIONS 

  

	0.1.	The terms “herein,” “hereof,” and “hereunder’’ and words of similar import refer to this Amendment No.13 and capitalized terms used herein and not otherwise defined in this Amendment
No.13 will have the meanings assigned to them in the Purchase Agreement (as defined below). 

  

	0.2.	Purchase Agreement means the Second A320 Family Purchase Agreement together with Amendments Nos.1 to 12 thereto. 

  

	1.	SCOPE 

  

	1.1	The Buyer has requested and the Seller has agreed to hereby convert nine (9) Aircraft as set forth in Clause 2 below. The Seller has requested and the Buyer has agreed to hereby postpone the Scheduled Delivery
Month of certain Aircraft as set forth in Clause 2 below. 

  

	1.2	[* * *]. 

  

	2	AIRCRAFT TYPE CONVERSION 

  

	2.1	The Seller hereby grants and the Buyer hereby exercises its right to convert one Aircraft, corresponding to Aircraft rank 72 and being a Second Batch of Incremental Aircraft, from an A320-200 type into an A321-200 type
Aircraft (such converted A321 aircraft hereinafter referred to as “Aircraft Rank 72”) and reschedule the Scheduled Delivery Month of this Aircraft Rank 72. 

 

	2.2	The Buyer has requested and the Seller has agreed to convert eight (8) A320-200 corresponding to Aircraft Rank 92, 93, 95, 96, 97, 99, 100 and 103 (the “Amendment 13 Converted A321 Aircraft”) into
A321-200 Aircraft and reschedule the Scheduled Delivery Month of these converted Aircraft. The Seller has requested and the Buyer has agreed to reschedule the Scheduled Delivery Month of Aircraft rank 88 and 94. 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	5/15	 	

	2.3	The following table sets out the conversion and rescheduling described in clause 2.1 and 2.2 above here below: 

  

											
	   Rank

number
	  	 Original Scheduled

Delivery Month
	  	 Revised

Scheduled

Delivery Month
	  	 Original

Aircraft

Type
	  	 Revised

Aircraft

Type
	  	 Aircraft Batch

	 88
	  	 March 2014
	  	 [* * *]
	  	A321 200	  	A321-200	  	2010 Incremental Aircraft
	 92
	  	[* * *]	  	[* * *]	  	A320-200	  	A321-200	  	2010 Incremental Aircraft
	 93
	  	[* * *]	  	[* * *]	  	A320-200	  	A321-200	  	2010 Incremental Aircraft
	 94
	  	[* * *]	  	[* * *]	  	A321-200	  	A321-200	  	2010 Incremental Aircraft
	 72
	  	[* * *]	  	[* * *]	  	A320-200	  	A321-200	  	Second Batch of Incremental Aircraft
	 95
	  	[* * *]	  	[* * *]	  	A320-200	  	A321-200	  	2010 Incremental Aircraft
	 96
	  	[* * *]	  	[* * *]	  	A320-200	  	A321-200	  	2010 Incremental Aircraft
	 97
	  	[* * *]	  	[* * *]	  	A320-200	  	A321-200	  	2010 Incremental Aircraft
	 99
	  	[* * *]	  	[* * *]	  	A320-200	  	A321-200	  	2010 Incremental Aircraft
	 100
	  	[* * *]	  	[* * *]	  	A320-200	  	A321-200	  	2010 Incremental Aircraft
	 103
	  	[* * *]	  	[* * *]	  	A320-200	  	A321-200	  	2010 Incremental Aircraft

  

	2.4	As a result of the Aircraft conversion set forth in clause 2.1 and 2.2 above the Parties agree to delete in its entirety clause 1.1 of Amendment No.5 as amended and replace it as follows: 

QUOTE 
  

	 	1.1.	“The Seller shall sell and deliver and the Buyer shall buy and take delivery of two (2) A319-100 aircraft, twenty seven (27) A320-200 aircraft and one (1) A321-200 aircraft (respectively the
“A319 Aircraft”, the “A320 Aircraft” and the “A321 Aircraft’’) upon the terms and conditions contained in this Amendment No.5 (hereinafter for the purposes of this Amendment No.5 collectively the “Incremental
Aircraft.”) 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	6/15	 	

 UNQUOTE 

The Parties also agree to delete in its entirety clause 1.1 of Amendment No.9, and replace it as follows: 

QUOTE 
  

	 	1.1.	The Seller shall sell and deliver and the Buyer shall buy and take delivery of four (4) A319-100 aircraft, twenty eight (28) A320-200 aircraft and eighteen (18) A321-?00 aircraft (respectively the “2010
A319 Aircraft”, the “2010 A320 Aircraft” and the “2010 A321 Aircraft”) upon the terms and conditions contained in this Amendment No.9 (hereinafter for the purposes of this Amendment No.9 collectively the “2010
Incremental Aircraft.”) 

 UNQUOTE 
  

	2.5	PREDELIVERY PAYMENT 

 As a result of the Aircraft conversion and rescheduling set forth in
Clause 2.1 and Clause 2.2 above, the Parties hereby agree, that upon signature of this Amendment No.13, [* * *], being the amount previously paid by the Buyer in respect of the Amendment 13 Converted Aircraft and Aircraft Rank 72, and no longer due
in accordance with the Predelivery Payment schedule and this amount will be applied to the next pre-delivery payment becoming due under the Agreement. 
  

	2.6	PROPULSION SYSTEMS SELECTION 

 Notwithstanding Clause 2.4 of Amendment No. 12, the Buyer hereby
selects the following Propulsion System for Aircraft rank 94 and Aircraft rank 98: 
 for each A321 Aircraft: CFM INTERNATIONAL 56-5B3/3.

  

	3.	AIRCRAFT RANK 72 

  

	3.1	Specification 

  

	3.1.1	With respect to Aircraft Rank 72 (as defined in Clause 2.1 above), the Parties hereby agree the definition of Standard Specification for A321 Aircraft, as defined in Clause 0 of Amendment No. 9, shall apply, as
such Standard Specification is modified or varied after the date of Amendment No. 9 by the Specification Change Notices listed in Exhibit C of Appendix 1 to Amendment No. 9. 

 

	3.1.2	With respect to Aircraft Rank 72, the Parties hereby agree to add the following quoted text to the end of Clause 1.3 of the Purchase Agreement: 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	7/15	 	

 QUOTE 

For the Aircraft Rank 72: 
 CFM
INTERNATIONAL 56-583/3 (33,000 lb) 
 Or 

INTERNATIONAL AERO ENGINE V2533 (33,000 lb) 

UNQUOTE 
  

	3.2	Price 

 With respect to the Aircraft Rank 72, the Parties hereby agree the provision contained
in Clauses 3.1 and 3.2 of the Purchase Agreement are cancelled and replaced by the following quoted provisions: 
 QUOTE 

 

	 	3.1	PRICE OF AIRCRAFT 

 The base price of Aircraft Rank 72 (the “Aircraft Base Price”) is
the sum of: 
  

	 	•	 	the Airframe Base Price as defined in Clause 3.1.1 below and 

  

	 	•	 	the Propulsion Systems Price as defined in Clause 3.1.2 below. 

 and is exclusive of any
variation resulting from price revision provisions. 
  

	 	3.1.1	Airframe Base Price 

 The base price of the Airframe (the “Airframe Base Price”) is
the sum of: 
  

	 	(i)	the base price of the Airframe corresponding to the Standard Specification, including Nacelles and Thrust Reversers, and excluding Buyer Furnished Equipment, which is: 

USD [* * *]                 for A321 Aircraft Rank 72 

 

	 	(ii)	the base price of the preliminary SCN’s, a list of which for budgetary purposes here from can be estimated to be: 

USD [* * *]                 for A321 Aircraft Rank 72 

All base price is expressed in United States Dollars (USD) at [* * *] and is subject to adjustment in accordance with the Seller’s Price
Revision Formula set out in Exhibit D of Appendix 3 to Amendment No.5. 
  

	 	3.1.2	Propulsion Systems Base Price 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	8/15	 	

 The base price of the Propulsion Systems (the “Propulsion Systems Base Pricen) shall be, as
applicable pursuant to Clauses 3.1.2.1 or 3.1.2.2, the base price of the Propulsion Systems selected by the Buyer. 
  

	 	3.1.2.1	The base price of a set of two (2) CFM INTERNATIONAL Propulsion Systems 

 CFM56 5B3/3:
            USD [* * *]         for A321 Aircraft Rank 72 

at economic conditions prevailing for a theoretical delivery in January 2008. 

Such base price has been computed from the propulsion systems reference price (the “Propulsion System Reference Price”) as defined
in Exhibit B of Appendix 3 to Amendment No.9 for 2010 A321 Aircraft and equal to: 
 CFM56 583/3:
            USD [* * *]         for Aircraft Rank 72 

The CFM INTERNATIONAL Propulsion Systems Reference Price has been established in accordance with the [* * *] at Reference Composite
Price Index of [* * *] and shall be subject to revision up to the Delivery Date of the Aircraft Rank 72 in accordance with the CFM INTERNATIONAL Price Revision Formula set out in Exhibit B of Appendix 3 of Amendment No.9. 

 

	 	3.1.2.2	The base price for a set of two (2) IAE Propulsion Systems is: 

 IAE V2533-A5
            USD [* * *]         for A32iAircraft Rank 72 

at economic conditions prevailing for a [* * *]. Such base price has been computed from the propulsion systems reference price (the
“Propulsion System Reference Price”) as defined in Exhibit C of Appendix 3 to Amendment No. 9 for 2010 A321 Aircraft and equal to: 

IAE V2533-A5             USD [* * *]
        for A321 Aircraft Rank 72 
 The INTERNATIONAL AERO ENGINES Propulsion Systems Reference
Price is expressed at [* * *] and shall be subject to revision up to the Delivery Date of Aircraft Rank 72 in accordance with the INTERNATIONAL AERO ENGINES Price Revision Formula set out in Exhibit C of Appendix 3 to Amendment No.9. 

 

	 	3.1.2.3	 Seller confirms that the above-mentioned quotations as well as Propulsion Systems Manufacturer Price Revision Formulae (as set out in Clauses 4.2 and
4.3, as inserted by Exhibits B and C of Appendix 3 to Amendment No.9) are based upon information received from the respective Propulsion Systems Manufacturer and remain subject to any modification that might be imposed by the Propulsion Systems
Manufacturer on the Seller. The Seller 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	9/15	 	

	 	
hereby confirms that the said formulae shall have same effect and result as the corresponding formulae provided by the Propulsion Systems Manufacturer to the Seller and that such formulae
do not in any way prevent from the Buyer agreeing on a different formula with such Propulsion Systems Manufacturer. 

 The
Seller agrees to notify the Buyer within a reasonable leadtime of any modification on the standard Propulsion Systems Manufacturer Price Revision Formulae from the Propulsion Systems Manufacturer. 

 

	 	3.2	Final Aircraft Price 

 The final price of Aircraft Rank 72 (the uFinal Aircraft Price”) at
Delivery shall be the sum of: 
  

	 	(i)	the Airframe Base Price as defined above and adjusted to the date of Delivery in accordance with the Seller Price Revision Formula as set forth in Clause 4.1 as inserted by Exhibit A of Appendix 3 to Amendment No.9.

  

	 	(ii)	the base price of all SCNs mutually agreed upon before or after signature of the Amendment No.9 and adjusted to the Delivery Date of Aircraft Rank 72 in accordance with the Seller Price Revision Formula;

  

	 	(iii)	the relevant Propulsion Systems Reference Price, as quoted by the Propulsion Systems Manufacturer to the Seller and adjusted to the Delivery Date in accordance with the relevant Propulsion Systems Price Revision
Formula; 

  

	 	(iv)	and, as the case may be, any amount due resulting from any other provisions of the Agreement and/or any other written agreement between the Buyer and the Seller. 

UNQUOTE 
  

	4.	PROPULSION SYSTEM REFERENCE PRICE 

 In Exhibit B and Exhibit C of Appendix 3 to Amendment
No. 9 and in Exhibit E and Exhibit F of Appendix 3 to Amendment No. 5 the words “Reference Price” are deleted and replaced with the words “Propulsion System Reference Price” in each and every instance. 

 

	5.	DELIVERY SCHEDULE 

 With reference to Aircraft bearing rank numbers 46 to 125, the Parties
hereby agree to delete clause 9.1 of the Second A320 Family Purchase Agreement. as substituted by clause 2.1.1 of Amendment No.5, clause 2 of Amendment No.7, clauses 2 and 3 of Amendment No.8, clause 2.1.1 of Amendment No.9, clause 5 of Amendment
No.10, clause 4 of Amendment No.11 and clause 5 of Amendment No.12, in its entirely and replace it with the following: 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	10/15	 	

 QUOTE 
 9.1 Delivery
schedule 
 9.1.1 Subject to the provisions of Clauses 2, 7, 8, 10 and 18 the Seller shall have the Aircraft ready for Delivery at the Delivery Location in
accordance with the following schedule: 
  

									
	
Scheduled Delivery Months
or Scheduled Delivery

Quarters
	  	 Rank
number
	  	 Aircraft

type
	  	
                     
   Aircraft defined as                        

	 2011
	  	July	  	53	  	A320-200	  	First Batch of Incremental Aircraft
		  	July	  	55	  	A320-200	  	First Batch of Incremental Aircraft
		  	August	  	46	  	A320-200	  	First Batch of Incremental Aircraft
		  	September	  	47	  	A320-200	  	First Batch of Incremental Aircraft
		  	October	  	48	  	A320-200	  	First Batch of Incremental Aircraft
		  	November	  	49	  	A320-200	  	First Batch of Incremental Aircraft
		  	November	  	50	  	A320-200	  	First Batch of Incremental Aircraft
		  	October	  	51	  	A319-100	  	First Batch of Incremental Aircraft
		  	November	  	52	  	A320-200	  	First Batch of Incremental Aircraft
		  	December	  	62	  	A320-200	  	First Batch of Incremental Aircraft
					
	 2012
	  	January	  	54	  	A319-100	  	Second Batch of Incremental Aircraft
		  	March	  	76	  	A319-100	  	2010 Incremental Aircraft
		  	April	  	64	  	A320-200	  	Second Batch of Incremental Aircraft
		  	May	  	66	  	A320-200	  	Second Batch of Incremental Aircraft
		  	June	  	77	  	A320-200	  	2010 Incremental Aircraft
		  	July	  	78	  	A320-200	  	2010 Incremental Aircraft
		  	July	  	65	  	A320-200	  	Second Batch of Incremental Aircraft
		  	August	  	67	  	A320-200	  	Second Batch of Incremental Aircraft
		  	September	  	79	  	A320-200	  	2010 Incremental Aircraft
		  	October	  	80	  	A320-200	  	2010 Incremental Aircraft
		  	November	  	68	  	A320-200	  	Second Batch of Incremental Aircraft
		  	December	  	69	  	A320-200	  	Second Batch of Incremental Aircraft
					
	 2013
	  	January	  	82	  	A320-200	  	2010 Incremental Aircraft
		  	January	  	81	  	A320-200	  	2010 Incremental Aircraft
		  	February	  	56	  	A320-200	  	Second Batch of Incremental Aircraft
		  	February	  	71	  	A320-200	  	Second Batch of Incremental Aircraft
		  	April	  	83	  	A320-200	  	2010 Incremental Aircraft
		  	April	  	84	  	A320-200	  	2010 Incremental Aircraft
		  	May	  	73	  	A320-200	  	Second Batch of Incremental Aircraft
		  	May	  	85	  	A320-200	  	2010 Incremental Aircraft
		  	July	  	58	  	A320-200	  	Second Batch of Incremental Aircraft
		  	July	  	59	  	A320-200	  	Second Batch of Incremental Aircraft
		  	August	  	74	  	A320-200	  	Second Batch of Incremental Aircraft
		  	October	  	60	  	A320-200	  	Second Batch of Incremental Aircraft

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	11/15	 	

									
		  	November	  	75	  	A320-200	  	Second Batch of Incremental Aircraft
		  	December	  	70	  	A320-200	  	Second Batch of Incremental Aircraft
					
	2014	  	January	  	61	  	A320-200	  	Second Batch of Incremental Aircraft
		  	February	  	86	  	A320-200	  	2010 Incremental Aircraft
		  	February	  	87	  	A321-200	  	2010 Incremental Aircraft
		  	April	  	57	  	A320-200	  	Second Batch of Incremental Aircraft
		  	[* * *]	  	88	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	89	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	90	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	91	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	63	  	A320-200	  	Second Batch of Incremental Aircraft
		  	[* * *]	  	94	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	98	  	A321-200	  	2010 Incremental Aircraft
	[* * *]	  	[* * *]	  	101	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	102	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	104	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	105	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	106	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	107	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	108	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	109	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	110	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	111	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	112	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	113	  	A321-200	  	2010 Incremental Aircraft
	[* * *]	  	[* * *]	  	114	  	A319-100	  	2010 Incremental Aircraft
		  	[* * *]	  	115	  	A319-100	  	2010 Incremental Aircraft
		  	[* * *]	  	116	  	A319-100	  	2010 Incremental Aircraft
		  	[* * *]	  	92	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	117	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	118	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	119	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	120	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	121	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	122	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	123	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	124	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	125	  	A320-200	  	2010 Incremental Aircraft
		  	[* * *]	  	93	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	72	  	A321-200	  	Second Batch of Incremental Aircraft
		  	[* * *]	  	95	  	A321-200	  	2010 Incremental Aircraft
	[* * *]	  	[* * *]	  	96	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	97	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	99	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	100	  	A321-200	  	2010 Incremental Aircraft
		  	[* * *]	  	103	  	A321-200	  	2010 Incremental Aircraft

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	12/15	 	

	 	9.1.2	[* * *]. 

  

	 	9.1.3	[* * *]. 

 UNQUOTE 
  

	6.	EFFECT OF THE AMENDMENT 

  

	6.1	This Amendment No.13 contains the entire agreement between the Parties with respect to the subject matter hereof and supersedes any previous understanding, commitments or representations whatsoever, whether oral or
written. 

  

	6.2	The Purchase Agreement shall be deemed amended to the extent provided in this Amendment No.13 and, except as specifically amended hereby, shall continue in full force and effect in accordance with its original terms.

  

	6.3	The Parties agree that this Amendment No.13 shall constitute an integral, non-severable part of the Purchase Agreement and be governed by all of its provisions. 

 

	6.4	In the event of any inconsistency between the terms and conditions of the Purchase Agreement and those of the present Amendment No.13, the latter shall prevail to the extent of such inconsistency, whereas the part not
concerned by such inconsistency shall remain in full force and effect. 

  

	6.5	This Amendment No.13 will not be modified or varied except by an instrument in writing executed by both Parties. 

  

	6.6	Each of the Parties hereto agree that the provisions of this Amendment No.13 are personal to it and will not without the prior written consent of the other Parties disclose such information to any other Party. However,
[* * *]. 

  

	6.7	The Parties agree that clause 21 of the Second A320 Family Purchase Agreement shall govern the assignability and transferability of each Party’s rights and obligations under this Amendment No.13. 

 

	6.8	This Amendment No.13 may be signed by the Parties hereto in separate counterparts, each of which when so signed and delivered will be an original, but all such counterparts will together constitute but one and the same
instrument. 

  

	6.9	This Amendment No.13 shall be governed by and construed in accordance with the laws of England. 

 IN WITNESS
WHEREOF this Amendment No.13 to the Second A320 Family Purchase Agreement was duly entered into the day and year first above written. 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	13/15	 	

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

  

			
	LATAM AIRLINES GROUP S.A.	  	AIRBUS S.A.S

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	14/15	 	

 IN WITNESS WHEREOF this Amendment No.13 to the Second A320 Family Purchase Agreement was duly entered into
the day and year first above written. 
  

									
	Agreed and Accepted	 		 	Agreed and Accepted
			
	For and on behalf of	 		 	For and on behalf of
			
	LATAM AIRLINES GROUP S.A. 	 		 	AIRBUS S.A.S
					
	By:	 	 	 		 	By:	 	 
	Its:	 	 	 		 	Its:	 	 
	Date:	 	 	 		 	Date:	 	 
				
	LATAM AIRLINES GROUP S.A.	 		 		 	
					
	By:	 	 	 		 		 	
	Its:	 	 	 		 		 	

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 
 A320F- LAN- AMDT 13- Second A320 Family PA 

					
	Ref: CT1202039	 	15/15EX-4.5.3

 EXHIBIT 4.5.3 

September 16, 2013 
 LAN-PB0-1300269 

LATAM Airlines Group S.A. 
 Av. Presidente Riesco 5711 

Las Condes 
 Santiago, Chile 

 

	Attention:	Mr. Jose Zaidan Maluf, Vice President, Fleet Operations 

  

	Subject:	Model 787 Aircraft Delivery Delay Settlement Agreement 

  

	Reference:	(a) Purchase Agreement No. 3256 (Purchase Agreement) between The Boeing Company (Boeing) and LATAM Airlines Group S.A. (LATAM) relating to Model 787-8 and 787-9 aircraft (Aircraft) 

 

	    	(b) Aircraft General Terms Agreement AGTA-LATAM (AGTA), dated July 28, 1999, between Boeing and LATAM 

For the purpose of resolving any and all claims referred to in paragraphs 2 (i) and (ii) below, relating to delay of the Aircraft,
Boeing is prepared to offer LATAM the following inclusive delay settlement agreement (“Delay Settlement Agreement”). All capitalized terms which are not otherwise defined herein will have the definitions specified in the Purchase Agreement
and AGTA. 
 This Delay Settlement Agreement supersedes all other Settlement Proposals made under LAN-PB0-1300269. 

1. Revised Delivery of Aircraft. The revised delivery months are set forth in the Table 1 below (such revised delivery months, and as the same may be
further revised, are referred to in this Delay Settlement Agreement as “Revised Delivery Months”): 
 Table 1 

 

					
	 Revised Delivery

Months
	 	 	  	Model
	August 2012	 		  	787-8
	October 2012	 		  	787-8
	December 2012	 		  	787-8
	September 2013	 		  	787-8
	September 2013	 		  	787-8
	[* * *]	 		  	[* * *]

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 

					
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	*	[* * *]. 

  

	2.	Considerations. 

 [* * *] 
  

	3.	Right of Termination  

 [* * *] 

 

	4.	Exclusive Remedy. 

 [* * *] 
  

	5.	[* * * ] 

 [* * *] 
  

	6.	Expiration of Offer. 

 Unless expressly withdrawn, this Delay Settlement Agreement will
expire on September 16, 2013. 
  

	7.	Assignment. 

 [* * *] 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 

	8.	Supplemental to the Purchase Agreement and the AGTA. 

 This Delay Settlement Agreement
supplements the Purchase Agreement and the AGTA. The provisions of the Purchase Agreement and the AGTA continue in full force and effect, as supplemented by this Delay Settlement Agreement. 

 

	9.	Confidentiality. 

 Boeing and Customer understand that the commercial and financial
information contained in this Delay Settlement Agreement is considered by the parties as confidential (“Confidential Information”) and both agree not to disclose such Confidential Information except as provided herein. In addition
to the parties’ respective officers, directors and employees who need to know the Confidential Information and who understand the obligation to keep it confidential, the parties may disclose Confidential Information (1) to the extent
required by law and (2) to its agents, auditors and advisors who need to know the Confidential Information for purposes of enabling each party to understand, perform its obligations under, or receive the benefits of, this Delay Settlement
Agreement and who have agreed not to use or disclose the Confidential Information for any other purpose without the other party’s prior written consent. In the event that a party concludes that disclosure of Confidential Information contained
in this Delay Settlement Agreement is required by applicable law, the party will so advise the other party promptly in writing and endeavor to protect the confidentiality of such Confidential Information to the widest extent possible. In the event
of a legal dispute with Boeing, nothing herein will preclude Customer from sharing with its legal counsel information necessary for purposes of enabling counsel to advise or represent Customer provided that so long as Customer causes its legal
counsel to maintain the confidentiality of information that is the subject of this Article. This provision shall not apply to any Confidential Information that is in the public domain except that a party will be liable to the other for breach of its
obligations under this provision if the Confidential Information entered the public domain as a consequence of a wrongful act or omission on its part. 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 

	
	Very truly yours,
	
	THE BOEING COMPANY
	   

	D. J. Hilby
	Aircraft Contracts
	Boeing Commercial Airplanes

 ACCEPTED AND AGREED TO this 16th day of September of 2013 

 

			
	LATAM AIRLINES GROUP S.A.
		
	By:	 	 
	Its:	 	 
	
	LATAM AIRLINES GROUP S.A.
		
	By:	 	 
	Its:	 	 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 

 Schedule 1 

[* * *] 
  

	*	[* * * ] 

	**	[* * *] 

	***	[* * *] 

  
 “[* * *]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission.

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