Document:

Exhibit 10.3(ac)

Exhibit 10.3(ac)

628 Hebron Avenue, Suite 400
Glastonbury, CT 06033 USA

October 2, 2013
JetBlue Airways Corp.
27-01 Queens Plaza North
LIC, N.Y. 11101
		
	Subject:
	Side Letter No. 38 (“SL 38”) to the V2500 General Terms Agreement dated as of May 4, 1999 between JetBlue Airways Corp and IAE International Aero Engines AG

Ladies and Gentlemen:
We refer to the V2500 General Terms Agreement dated as of May 4, 1999 between JetBlue Airways Corp. (“JetBlue”) and IAE International Aero Engines AG (“IAE”) (together with its exhibits, schedules, and appendices attached thereto and any amendments, side letters and/or letter agreements thereto, the “V2500 Contract”).  Capitalized terms used herein that are not otherwise defined herein shall have the same meanings as those given to them in the V2500 Contract.  In the case of inconsistency between the V2500 Contract and this SL 38, the terms of this SL 38 will prevail.
WHEREAS:
		
	A.
	JetBlue requested from IAE [***] within its fleet of V2500 Spare Engines, and

		
	B.
	IAE has agreed to provide JetBlue with [***] upon the terms and conditions of this SL 38.

NOW THEREFORE IT IS AGREED AS FOLLOWS:
		
	1.
	Multi-Rated Data Plates

		
	1.1.
	Subject to the terms set forth in this SL 38, IAE will sell to JetBlue, and JetBlue will purchase from IAE, one (1) V2500-A5 multi-rated data plate (“MRDP”) for each Contract Engine.  For purposes of the SL 38, a Contract Engine is any V2500 Engine supplied by IAE to Airbus for installation on the Aircraft described in the V2500 Contract and the Spare Engines provided to JetBlue pursuant to the V2500 Contract.

		
	1.2.
	Upon incorporation of a MRDP in a JetBlue Engine, the Engine will be [***], subject to the provisions of Section 1.5.  The rights granted hereunder shall not expand in any manner whatsoever any existing warranties, guarantees or financial obligations provided to JetBlue with respect to the Contract Engines.

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

Exhibit 10.3(ac)

		
	1.3.
	JetBlue will place a purchase order for each MRDP and all associated hardware in accordance with the applicable terms and conditions of the V2500 Contract.  Upon receipt of a purchase order for a MRDP, IAE will invoice JetBlue the then-current catalog list price for such MRDP.  For budgetary and planning purposes, the price for one (1) MRDP [***] is [***] United States Dollars (US$[***]).  Payment of MRDP invoices and shipment of the MRDPs will be in accordance with the terms and conditions of the V2500 Contract.

		
	1.4.
	It will be the responsibility of JetBlue to install, or cause to be installed, one (1) MRDP in each Engine at the time of an Engine’s shop visit, and JetBlue will return, or will cause to be returned to IAE or its designated field representative the [***] removed from such Engine.  [***].

		
	1.5.
	The purchase and sale of MRDPs [***] is subject to:

		
	1.5.1.
	JetBlue utilizing the [***] set forth in this SL 38 solely for the purpose of [***]; and

		
	1.5.2.
	JetBlue never operating at any given point in time more Contract Engines [***] than the quantity of Engines that JetBlue has taken delivery of from Airbus or IAE [***]; and

		
	1.5.3.
	JetBlue taking delivery of all Aircraft and Spare Engines in accordance with the applicable Exhibits of the V2500 Contract, and operating the Aircraft and Spare Engines in its own fleet; and

		
	1.5.4.
	JetBlue not being in material breach of the V2500 Contract.

Examples of the conditions set forth in Sections 1.5.1 and 1.5.2 are set forth in Section 1.6 below.
In the event that JetBlue fails to meet the above conditions, IAE reserves the right, upon reasonable notice to JetBlue, to terminate [***] provided in this SL 38.
		
	1.6.
	Examples

[***]
		
	1.7.
	The [***] as provided under this SL 38 is personal to JetBlue and may not be transferred or assigned by JetBlue.

		
	1.8.
	Subject to prior termination of this SL 38 pursuant to Section 1.5, JetBlue may use the MRDPs for as long as JetBlue operates the Contract Engines.  Prior to JetBlue selling, transferring or otherwise permanently removing (including lease return other than a sale leaseback transaction following which JetBlue continues to operate the Contract Engine) any Contract Engine from its operational fleet, or upon the termination of this SL 38, JetBlue shall [***].

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

Exhibit 10.3(ac)

		
	1.9.
	Notwithstanding Section 1.8, based on the current quantity of spare Contract Engines delivered to JetBlue under the V2500 Contract at the 33K thrust rating, JetBlue will retain the right to sell [***] spare Contract Engines [***].

		
	1.10.
	If (i) JetBlue sells, transfers or otherwise disposes of any Contract Engine (other than a sale leaseback transaction following which JetBlue continues to operate the Contract Engine) without restoring the Contract Engine to its Original Thrust Rating and returning any MRDP to IAE prior to such sale, transfer or disposal, or (ii) [***] (each such Engine [***], a “Non-Compliant Engine”), then (i) IAE shall have the right, upon reasonable notice to JetBlue, to terminate the rights to [***] as set forth in this SL 38, and (ii) for each such Non-Compliant Engine, [***].

		
	2.
	Miscellaneous

		
	2.1.
	Except as expressly amended by this SL 38, all provisions of the Contract remain in full force and effect, and this SL 38 shall be construed and considered as an integral part of the V2500 Contract.

		
	2.2.
	This SL 38 contains the complete agreement of the parties but only with respect to the subject matter expressly contained herein.  Nothing in this SL 38 shall be construed as a waiver of any of JetBlue or IAE’s respective rights and remedies (whether at law or in equity) that are not expressly amended or compromised by the terms and conditions of this SL 38, and JetBlue and IAE hereby expressly reserve the same.

		
	2.3.
	This SL 38 is confidential between IAE and JetBlue and shall be covered under the confidentiality provisions of the V2500 Contract.

		
	2.4.
	This SL 38 may be executed in counterparts, each of which shall be an original and all of which, when taken together, shall constitute one and the same instrument.  An executed copy of this SL 38 shall have the same effect as an original.

Agreed and Accepted by    Agreed and Accepted by
IAE INTERNATIONAL AERO ENGINES AG    JETBLUE AIRWAYS CORP.
/s/ Thomas Wedeles                     /s/ Dave Ramage            
Name: Thomas Wedeles        Name: Dave Ramage 
Title: Chief Legal Officer        Title: Vice President  
            Technical Operations

[***]    Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.Exhibit 10.3(ad)

Exhibit 10.3(ad)

                                                                                                                                               

400 Main Street
East Hartford, CT 06108 USA

AMENDMENT NO. 1
DATED AS OF DECEMBER 15, 2014

TO THE 
V2500 GENERAL TERMS OF SALE AGREEMENT

BY AND BETWEEN
IAE INTERNATIONAL AERO ENGINES AG
AND
JETBLUE AIRWAYS CORPORATION

DATED AS OF MAY 4, 1999
This document contains proprietary information of IAE International Aero Engines AG (“IAE”).  IAE offers the information contained in this document on the condition that you not disclose or reproduce the information to or for the benefit of any third party without IAE’s written consent.  Neither receipt nor possession of this document, from any source, constitutes IAE’s permission.  Possessing, using, copying or disclosing this document to or for the benefit of any third party without IAE’s written consent may result in criminal and/or civil liability.
This document contains no technical data subject to the EAR or ITAR

Jetblue GTA AMDT 1-v3 (2014-Dec-10) execution copy

Exhibit 10.3(ad)

This Amendment No. 1, dated as of December 15, 2014 (this “Amendment No. 1”), amends the V2500 General Terms of Sale Agreement dated May 4, 1999 between IAE International Aero Engines AG (“IAE”) and JetBlue Airways Corporation (“JetBlue”), as amended from time to time, such contract being hereinafter referred to as the “GTA”. 
Unless expressly stated to the contrary, definitions and terms used in this Amendment No. 1 shall have the same meaning given to them in the GTA.
WHEREAS:
		
	A.
	JetBlue and IAE entered into Side Letter 17 to the GTA, dated June 11, 2004 for the purpose of adding thirty (30) Incremental A320 Aircraft powered by V2527-A5 (“2004 Incremental Aircraft”); and

		
	B.
	JetBlue and IAE entered into Side Letter 37 to the GTA, dated November 9, 2012 for the purpose of [***] aircraft, revising terms and summarizing the totality of the transaction between the Parties; and

		
	C.
	JetBlue and IAE entered into Side Letter 38 to the GTA, dated October 2, 2013 for the purpose of IAE providing JetBlue with [***] under the terms of Side Letter 38; and

		
	D.
	JetBlue and IAE now desire to amend the GTA by this Amendment No. 1 for the purpose of adding five (5) Incremental A321ceo aircraft (“2014 Incremental Aircraft”) and for the purposes of Side Letter 17 and Side Letter 37, desire that the 2014 Incremental Aircraft be [***]; and  

		
	E.
	JetBlue and IAE also desire to extend certain terms of the GTA to the Engines installed on the 2014 Incremental Aircraft.

NOW, THEREFORE, in consideration of the mutual benefits and obligations set forth herein, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
		
	1.
	Section 2.2 Agreement to Purchase

Section 2.2.4 is hereby added to the GTA as follows:
“2.2.4  JetBlue hereby agrees to purchase from the Aircraft Manufacturer a firm and unconditional order of five (5) new A321 Family Aircraft (“2014 Incremental Aircraft”) powered by new V2533-A5 Engines for delivery according to the schedule set forth in Exhibit B-1 to this Agreement, as amended from time to time.  
For the avoidance of doubt, in accordance with Exhibit B-1 attached hereto, the Parties agree that the 2014 Incremental Aircraft will be treated as [***].”
		
	2.
	Exhibit B-1 Aircraft Delivery Schedule

Exhibit B-1 – Aircraft Delivery Schedule to the GTA, is hereby deleted in its entirety and replaced with the attached Amendment No. 1 Exhibit B-1 – attached as Appendix 1.

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

Exhibit 10.3(ad)

The terms and provisions and attachments contained in this Amendment No. 1 constitute the entire agreement between the Parties with respect to the matters herein described, and supersede all prior understandings and agreements of the Parties with respect thereto.  No amendment or modification of this Amendment No. 1 shall be binding upon either Party unless set forth in a written instrument executed by both Parties.
This Amendment No. 1 contains matters of a confidential and proprietary nature and is delivered on the express condition that its terms shall not be disclosed to any third party or reproduced in whole or in part for anyone other than the Parties hereto without the other Party’s prior written consent.
The Parties hereby agree and acknowledge that there has been full and adequate consideration for the mutual promises contained herein.  The terms and conditions of the GTA are incorporated herein by reference.  Except as expressly amended hereby, all other terms and conditions of the GTA shall remain unchanged and in full force and effect and are hereby ratified and confirmed in all respects.
This Amendment No. 1 may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original and all of which when taken together shall constitute the same instrument.
Upon acceptance by IAE, as evidenced by execution of the signature block below, this document will become an enforceable amendment to the GTA and shall be deemed executed in the jurisdiction in which it was signed by IAE.  After acceptance by IAE, IAE will return one (1) fully executed duplicate original Amendment No. 1 to JetBlue.  The Parties agree that facsimile signatures shall be deemed to be of the same force and effect as an original executed document.  If executed by facsimile, the Parties agree to provide original signature pages upon request.

[Signatures to follow]

[***]     Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
        
Subject to the Restrictions on the First Page                    Page 3 

Exhibit 10.3(ad)

IN WITNESS WHEREOF, the Parties hereto have caused this Amendment No. 1 to be executed in duplicate as of the date last written below.

	
					
	JETBLUE AIRWAYS CORPORATION

	 

	By:
	/s/ Mark D. Powers

	 

	Typed Name:
	Mark D. Powers

	 

	Title:
	Chief Financial Officer

	 

	Date:
	12/12/14

IAE INTERNATIONAL AERO ENGINES AG
	
					
	 

	By:
	/s/ Rick Deurloo

	 

	Typed Name:
	Rick Deurloo

	 

	Title:
	SVP Sales & Marketing

	 

	Date:
	12/15/14

[***]     Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
        
Subject to the Restrictions on the First Page                    Page 4 

Exhibit 10.3(ad)

Amendment No. 1 – Exhibit B-1 Appendix 1  
Aircraft Delivery Schedule  
As of December 2014
Glossary Notes:
		
	• 
	R denotes the Incremental Firm Aircraft as defined in Side Letter 37 and the 2014 Incremental Aircraft as defined in this Amendment No. 1 that will be treated as [***] in accordance with Side Letter 17, Side Letter No. 37 and this Amendment No. 1 to the GTA.

		
	• 
	* denotes Firm Aircraft that have received or will receive the $[***] ([***]$) spare parts credit as set forth in Section 7 of Side Letter No. 13 or Section 7 of Side Letter No. 17, as applicable, and as amended by Side Letter No. 25 and Side Letter 37.

		
	• 
	** denotes Firm Aircraft that have received or will receive the $[***] ([***]$) spare parts credit as set forth in Section 7 of Side Letter No. 13 or Section 7 of Side Letter No. 17, as applicable, and as amended by Side Letter No. 25 and Side Letter 37.

		
	• 
	t denotes Firm Aircraft that have received or will receive the both the $[***] ([***]$) and $[***] ([***]$) the spare parts credits and as set forth in Section 7 of Side Letter No. 13 or Section 7 of Side Letter No. 17, as applicable, and as amended by Side Letter No. 25 and Side Letter 37.

		
	• 
	Delivered Aircraft are indicated by italics typeface.

		
	• 
	Applicable escalation formulae, indicated for the calculation of Fleet Introductory Assistance credits, are in accordance with Side Letter No. 13 and Side Letter No. 17 to the Agreement, as amended by Side Letter No. 25 to the Agreement and Side Letter 37.

	
							
	Rank No.
	Firm Aircraft Category
	Aircraft
Type
	Contracted
Month
	Contracted
Year
	Applicable
Escalation
	 

	No. 1
	Existing Firm Aircraft
	A320
	[***]
	2000
	Formula I
	 

	No. 2
	Existing Firm Aircraft
	A320
	[***]
	2000
	Formula I
	 

	No. 3
	Existing Firm Aircraft
	A320
	[***]
	2000
	Formula I
	 

	No. 4
	Existing Firm Aircraft
	A320
	[***]
	2000
	Formula I
	 

	No. 5
	Existing Firm Aircraft
	A320
	[***]
	2000
	Formula I
	 

	No. 6
	Existing Firm Aircraft
	A320
	[***]
	2000
	Formula I
	 

	No. 7
	Existing Firm Aircraft
	A320
	[***]
	2001
	Formula I
	 

	No. 8
	Existing Firm Aircraft
	A320
	[***]
	2001
	Formula I
	 

	No. 9
	Existing Firm Aircraft
	A320
	[***]
	2001
	Formula I
	 

	No. 10
	Existing Firm Aircraft
	A320
	[***]
	2001
	Formula I
	 

	No. 11
	Existing Firm Aircraft
	A320
	[***]
	2001
	Formula I
	 

	No. 12
	Existing Firm Aircraft
	A320
	[***]
	2001
	Formula I
	 

	No. 13
	Existing Firm Aircraft
	A320
	[***]
	2001
	Formula I
	 

	No. 14
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 15
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 16
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 17
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 18
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 19
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 20
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 21
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 22
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

[***]     Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
        
Subject to the Restrictions on the First Page                    Page 5 

Exhibit 10.3(ad)

	
							
	Rank No.
	Firm Aircraft Category
	Aircraft
Type
	Contracted
Month
	Contracted
Year
	Applicable
Escalation
	 

	No. 23
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 24
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 25
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 26
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 27
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 28
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 29
	Existing Firm Aircraft
	A320
	[***]
	2002
	Formula I
	 

	No. 30
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 31
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 32
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 33
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 34
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 35
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 36
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 37
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 38
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	*

	No. 39
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 40
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 41
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 42
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 43
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	*

	No. 44
	Existing Firm Aircraft
	A320
	[***]
	2003
	Formula I
	 

	No. 45
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 46
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 47
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 48
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	*

	No. 49
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 50
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 51
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 52
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 53
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	*

	No. 54
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 55
	Incremental Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 56
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 57
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 58
	Existing Firm Aircraft
	A320
	[***]
	2004
	Formula I
	*

	No. 59
	Incremental Firm Aircraft
	A320
	[***]
	2004
	Formula I
	 

	No. 60
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 61
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 62
	Incremental Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 63
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	*

[***]     Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
        
Subject to the Restrictions on the First Page                    Page 6 

Exhibit 10.3(ad)

	
							
	Rank No.
	Firm Aircraft Category
	Aircraft
Type
	Contracted
Month
	Contracted
Year
	Applicable
Escalation
	 

	No. 64
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 65
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 66
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 67
	Incremental Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 68
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	*

	No. 69
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 70
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 71
	Incremental Firm Aircraft
	A320
	[***]
	2005
	Formula I
	**

	No. 72
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 73
	Existing Firm Aircraft
	A320
	[***]
	2005
	Formula I
	*

	No. 74
	Incremental Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 75
	Incremental Firm Aircraft
	A320
	[***]
	2005
	Formula I
	 

	No. 76
	2004 Incremental Aircraft
	A320
	[***]
	2006
	Formula II
	 

	No. 77
	Existing Firm Aircraft
	A320
	[***]
	2006
	Formula I
	 

	No. 78
	Incremental Firm Aircraft
	A320
	[***]
	2006
	Formula I
	*

	No. 79
	Incremental Firm Aircraft
	A320
	[***]
	2006
	Formula I
	 

	No. 80
	Existing Firm Aircraft
	A320
	[***]
	2006
	Formula I
	 

	No. 81
	Incremental Firm Aircraft
	A320
	[***]
	2006
	Formula I
	**

	No. 82
	Existing Firm Aircraft
	A320
	[***]
	2006
	Formula I
	 

	No. 83
	Incremental Firm Aircraft
	A320
	[***]
	2006
	Formula I
	*

	No. 84
	Incremental Firm Aircraft
	A320
	[***]
	2006
	Formula I
	 

	No. 85
	Existing Firm Aircraft
	A320
	[***]
	2006
	Formula I
	 

	No. 86
	Incremental Firm Aircraft
	A320
	[***]
	2006
	Formula I
	 

	No. 87
	Incremental Firm Aircraft
	A320
	[***]
	2006
	Formula I
	 

	No. 88
	Existing Firm Aircraft
	A320
	[***]
	2006
	Formula I
	*

	No. 89
	Incremental Firm Aircraft
	A320
	[***]
	2006
	Formula I
	**

	No. 90
	Incremental Firm Aircraft
	A320
	[***]
	2006
	Formula I
	 

	No. 91
	2004 Incremental Aircraft
	A320
	[***]
	2006
	Formula II
	 

	No. 92
	Existing Firm Aircraft
	A320
	[***]
	2007
	Formula I
	 

	No. 93
	Existing Firm Aircraft
	A320
	[***]
	2007
	Formula I
	*

	No. 94
	2004 Incremental Aircraft
	A320
	[***]
	2007
	Formula II
	 

	No. 95
	Existing Firm Aircraft
	A320
	[***]
	2007
	Formula I
	 

	No. 96
	Existing Firm Aircraft
	A320
	[***]
	2007
	Formula I
	 

	No. 97
	Existing Firm Aircraft
	A320
	[***]
	2007
	Formula I
	 

	No. 98
	Incremental Firm Aircraft
	A320
	[***]
	2007
	Formula I
	*

	No. 99
	Incremental Firm Aircraft
	A320
	[***]
	2007
	Formula I
	 

	No. 100
	Incremental Firm Aircraft
	A320
	[***]
	2007
	Formula I
	 

	No. 101
	Incremental Firm Aircraft
	A320
	[***]
	2007
	Formula I
	**

	No. 102
	Incremental Firm Aircraft
	A320
	[***]
	2007
	Formula I
	 

	No. 103
	Incremental Firm Aircraft
	A320
	[***]
	2007
	Formula I
	*

	No. 104
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	 

[***]     Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
        
Subject to the Restrictions on the First Page                    Page 7 

Exhibit 10.3(ad)

	
							
	Rank No.
	Firm Aircraft Category
	Aircraft
Type
	Contracted
Month
	Contracted
Year
	Applicable
Escalation
	 

	No. 105
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	 

	No. 106
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	**

	No. 107
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	 

	No. 108
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	*

	No. 109
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	 

	No. 110
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	 

	No. 111
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	**

	No. 112
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	 

	No. 113
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	*

	No. 114
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	 

	No. 115
	Incremental Firm Aircraft
	A320
	[***]
	2008
	Formula I
	 

	No. 116
	Incremental Firm Aircraft
	A320
	[***]
	2009
	Formula I
	**

	No. 117
	Incremental Firm Aircraft
	A320
	[***]
	2009
	Formula I
	 

	No. 118
	Incremental Firm Aircraft
	A320
	[***]
	2009
	Formula I
	*

	No. 119
	Incremental Firm Aircraft
	A320
	[***]
	2010
	Formula I
	 

	No. 120
	Incremental Firm Aircraft
	A320
	[***]
	2010
	Formula I
	 

	No. 121
	Incremental Firm Aircraft
	A320
	[***]
	2010
	Formula I
	**

	No. 122
	2004 Incremental Aircraft
	A320
	[***]
	2011
	Formula II
	 

	No. 123
	2004 Incremental Aircraft
	A320
	[***]
	2011
	Formula II
	† 

	No. 124
	2004 Incremental Aircraft
	A320
	[***]
	2011
	Formula II
	 

	No. 125
	2004 Incremental Aircraft
	A320
	[***]
	2011
	Formula II
	 

	No. 126
	2004 Incremental Aircraft
	A320
	[***]
	2012
	Formula II
	R 

	No. 127
	2004 Incremental Aircraft
	A320
	[***]
	2012
	Formula II
	R 

	No. 128
	2004 Incremental Aircraft
	A320
	[***]
	2012
	Formula II
	R† 

	No. 129
	2004 Incremental Aircraft
	A320
	[***]
	2012
	Formula II
	R 

	No. 130
	2004 Incremental Aircraft
	A320
	[***]
	2013
	Formula II
	R 

	No. 131
	2004 Incremental Aircraft
	A320
	[***]
	2013
	Formula II
	R 

	No. 132
	2004 Incremental Aircraft
	A320
	[***]
	2013
	Formula II
	R 

	No. 133
	2004 Incremental Aircraft
	A321
	[***]
	2013
	Formula II
	† 

	No. 134
	2004 Incremental Aircraft
	A321
	[***]
	2013
	Formula II
	 

	No. 135
	2004 Incremental Aircraft
	A321
	[***]
	2013
	Formula II
	 

	No. 136
	2004 Incremental Aircraft
	A321
	[***]
	2013
	Formula II
	 

	No. 137
	2004 Incremental Aircraft
	A321
	[***]
	2014
	Formula II
	R 

	No. 138
	2004 Incremental Aircraft
	A321
	[***]
	2014
	Formula II
	R† 

	No. 139
	2004 Incremental Aircraft
	A321
	[***]
	2014
	Formula II
	R 

	No. 140
	2004 Incremental Aircraft
	A321
	[***]
	2014
	Formula II
	R 

	No. 141
	2004 Incremental Aircraft
	A321
	[***]
	2014
	Formula II
	R 

	No. 142
	2004 Incremental Aircraft
	A321
	[***]
	2014
	Formula II
	R 

	No. 143
	2004 Incremental Aircraft
	A321
	[***]
	2014
	Formula II
	† 

	No. 144
	2004 Incremental Aircraft
	A321
	[***]
	2014
	Formula II
	 

	No. 145
	2004 Incremental Aircraft
	A321
	[***]
	2014
	Formula II
	R 

[***]     Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
        
Subject to the Restrictions on the First Page                    Page 8 

Exhibit 10.3(ad)

	
							
	Rank No.
	Firm Aircraft Category
	Aircraft
Type
	Contracted
Month
	Contracted
Year
	Applicable
Escalation
	 

	No. 146
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	 

	No. 147
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	 

	No. 148
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	† 

	No. 149
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	 

	No. 150
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	 

	No. 151
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	 

	No. 152
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	 

	No. 153
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	R† 

	No. 154
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	 

	No. 155
	2014 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	R 

	No. 156
	2004 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	 

	No. 157
	2014 Incremental Aircraft
	A321
	Year
	2015
	Formula II
	R 

	No. 158
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	 

	No. 159
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	 

	No. 160
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	 

	No. 161
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	 

	No. 162
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	 

	No. 163
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	 

	No. 164
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	R 

	No. 165
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	 

	No. 166
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	 

	No. 167
	2004 Incremental Aircraft
	A321
	Year
	2016
	Formula II
	 

	No. 168
	2004 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	 

	No. 169
	2004 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	 

	No. 170
	2004 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	 

	No. 171
	2004 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	R 

	No. 172
	2004 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	R 

	No. 173
	2004 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	R 

	No. 174
	2004 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	R 

	No. 175
	2014 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	R 

	No. 176
	2014 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	R 

	No. 177
	2014 Incremental Aircraft
	A321
	Year
	2017
	Formula II
	R 

	No. 178
	2004 Incremental Aircraft
	A321
	Year
	2018
	Formula II
	R 

[***]     Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
        
Subject to the Restrictions on the First Page                    Page 9

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