Document:

Exhibit 4.40

 

		The Boeing Company

P.O. Box 3707

Seattle, WA  98124-2207
	 	 

 

SUPPLEMENTAL AGREEMENT NO. 4

 

to

 

Purchase Agreement No. 03586

 

between

 

THE BOEING COMPANY

 

and

 

XIAMEN AIRLINES

 

Relating to Boeing Model 787 Aircraft

 

THIS SUPPLEMENTAL AGREEMENT
is made between THE BOEING COMPANY, a Delaware corporation (Boeing), and Xiamen Airlines, with its principal office in the
city of Xiamen, Fujian Province, People’s Republic of China (Customer);

 

Customer and Boeing
entered into Purchase Agreement No. 03586, dated May 9, 2011, as amended, and supplemented, (Purchase Agreement)
relating to the purchase and sale of Boeing Model 787 aircraft; and this Supplemental Agreement is an amendment to and is
incorporated into the Purchase Agreement:

 

WHEREAS, the parties
desire to further amend the Purchase Agreement as set forth herein in order to add the sale of two (2) Model 787-9 aircraft,

 

NOW, THEREFORE, the
parties agree that the Purchase Agreement is amended as set forth below and otherwise agree as follows:

 

1.        Table
of Contents.

 

Remove and replace,
in its entirety, the current Table of Contents with the new Table of Contents (attached hereto), to reflect the incorporation of
this Supplemental Agreement No. 4 into the Purchase Agreement.

 

2.        Tables.

 

Remove and replace,
in its entirety, the current Table 2 with the new Table 2 (attached hereto) to reflect the incorporation of this Supplemental Agreement
No. 4 into the Purchase Agreement.

 

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

 

    	 	BOEING PROPRIETARY	 

     

    

 

 

3.        Letter
Agreements.

 

Remove, in their entirety,
the following Letter Agreements listed below to reflect the incorporation of this Supplemental Agreement No. 4 into the Purchase
Agreement.

 

	Removed Letter Agreements	 	Subject
	 	 	 
	[****************************]	 	[****************************]– Model 787-9
	 	 	 
	[****************************]	 	[****************************]– Model 787-9
	 	 	 
	[****************************]	 	[****************************]– Model 787-9
	 	 	 
	[****************************]	 	[****************************] – Model 787-9

 

Add, in their entirety,
the following Letter Agreements listed below to reflect the incorporation of this Supplemental Agreement No. 4 into the Purchase
Agreement.

 

	Added Letter Agreements	 	Subject
	 	 	 
	[****************************]	 	[****************************]– Model 787-9
	 	 	 
	[****************************]	 	[****************************]– Model 787-9
	 	 	 
	[****************************]	 	[****************************]– Model 787-9
	 	 	 
	[****************************]	 	[****************************]– Model 787-9

 

4.        Miscellaneous.

 

4.1           The
Purchase Agreement is amended as set forth above, and all other terms and conditions of the Purchase Agreement remain unchanged
and are in full force and effect. Any Tables of Contents, Tables, Supplemental Exhibits, Letter Agreements or other documents that
are listed in the Sections above are incorporated into this Supplemental Agreement by this reference.

 

4.2           This
Supplemental Agreement will become effective upon execution and receipt by both Parties.

 

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

 

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	Open Configuration Matters – Model 787-9	 	Page 2
	 	BOEING PROPRIETARY	 

     

    

 

 

	AGREED AND ACCEPTED this	 	 
	 	 	 
	 	 	 
	Date	 	 
	 	 	 
	THE BOEING COMPANY	 	XIAMEN AIRLINES
	 	 	 
	 	 	 
	Signature	 	Signature
	 	 	 
	 	 	 
	Printed name	 	Printed name
	 	 	 
	Attorney-in-Fact	 	 
	Title	 	Title

 

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

 

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	Open Configuration Matters – Model 787-9	 	Page 3
	 	BOEING PROPRIETARY	 

     

    

 

 

	 	 	SA NUMBER
	ARTICLES	 	 
	 	 	 
	1	Quantity, Model, Description and Inspection	 
	2	Delivery Schedule	 
	3	Price	 
	4	Payment	 
	5	Additional Terms	 
	 	 	 
	TABLES	 	 
	 	 	 
	1	Aircraft Information Table	 
	2	Aircraft Information Table – Model 787-9	SA-4
	 	 	 
	EXHIBITS	 	 
	 	 	 
	A	Aircraft Configuration	 
	A-1	Aircraft Configuration – Model 787-9	SA-3
	B	Aircraft Delivery Requirements and Responsibilities	 
	 	 	 
	SUPPLEMENTAL EXHIBITS	 
	 	 	 
	AE1	Escalation Adjustment/Airframe and Optional Features	 
	CS1	Customer Support Document	 
	EE1	Engine Escalation/Engine Warranty and Patent Indemnity	 
	SLP1	Service Life Policy Components	 

 

	 	 	SA NUMBER
	LETTER AGREEMENTS	 
	 	 	 
	LA-1002938	Payment Matters	 
	LA-1002939	787 e-Enabling Software Matters	 
	LA-1002940	EULA Special Matters	 
	LA-1002941	Liquidated Damages Non-Excusable Delay	 
	LA-1002943-R1	Performance Guarantees	SA-1
	LA-1002944	Post Delivery Software and Data Loading	 
	LA-1002945	Promotional Support	 
	LA-1002946	Seats and IFE Special Provisions	 

 

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

 

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	Open Configuration Matters – Model 787-9	 	Page 4
	 	BOEING PROPRIETARY	 

     

    

 

 

	 	 	SA NUMBER
	LETTER AGREEMENTS (continued)	 
	LA-1002947	787 Spare Parts Commitments	 
	LA-1002948	Spare Parts Initial Provisioning	 
	LA-1002949	Special Matters	 
	LA-1002951-R1	Special Escalation Program	SA-1
	LA-1002992	AGTA Terms Revisions	 
	LA-1003255	Government Approval Matters	 
	LA-1104435	Delivery Flight Fuel Mileage Verification	 
	LA-1104525	Clarifications and Understandings	 
	LA-1104526	Purchase Rights	 
	LA-1104527	Cruise Range Remedy	 
	LA-1300551	Boeing Purchase of BFE	SA-2
	LA-1501312	Applicability Matters – Model 787-9	SA-3
	LA-1501313 R1	Open Configuration Matters – Model 787-9	SA-4
	LA-1501314 R1	Special Escalation Program – Model 787-9	SA-4
	LA-1501315 R1	Customer Support Matters – Model 787-9	SA-4
	LA-1501316 R1	Special Matters – Model 787-9	SA-4
	LA-1501317	Liquidated Damages Non-Excusable Delay – Model 787-9	SA-3
	LA-1501318	Performance Guarantees – Model 787-9	SA-3
	LA-1501319	Agreement for Deviation from the Block Fuel Guarantee – Model 787-9	SA-3
	LA-1501320	Delivery Flight Fuel Mileage Verification – Model 787-9	SA-3
	LA-1501321	Promotional Support – Model 787-9	SA-3
	LA-1501322	Right to Purchase Additional Model 787-9 Aircraft	SA-3

 

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

 

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	Open Configuration Matters – Model 787-9	 	Page 5
	 	BOEING PROPRIETARY	 

     

    

 

 

(REFERENCE ONLY)

 

	REMOVED TABLES & LETTER AGREEMENTS	 	REMOVED BY SA NUMBER
	 	 	 	 
	Table 2	Aircraft Information Table_Trent 1000-A	 	SA-1
	 	 	 	 
	EE2.	Engine Esc/Engine Warranty & Patent Indemnity_Trent 1000-A	 	SA-1
	 	 	 	 
	LA-1003275	Alternate Engine Selection	 	SA-1
	 	 	 	 
	LA-1002942	787 Open Configuration Matters	 	SA-2

 

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

 

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	Open Configuration Matters – Model 787-9	 	Page 6
	 	BOEING PROPRIETARY	 

     

    

 

		The Boeing Company

P.O. Box 3707

Seattle, WA  98124-2207
	 	 

 

Table
2 to

Purchase
Agreement No. PA-03586

787-9
Aircraft Delivery, Description, Price and Advance Payments

 

	Airframe Model/MTOW:	787-9	545,000 pounds	 	Detail Specification:	787B1-4102 Rev. R (12/5/2014)
	Engine Model/Thrust:	GENX-1B74/75	74,100 pounds	 	Airframe Price Base Year/Escalation Formula:	[**************]	[**************]
	Airframe Price:	 	[**************]	 	Engine Price Base Year/Escalation Formula:	[**************]	787 ECI-W Eng  
	Optional Features:	 	[**************]	 	 	 	 
	Sub-Total of Airframe and Features:	[**************]	 	Airframe Escalation Data:	 	 
	Engine Price (Per Aircraft):	[**************]	 	[**************]	[**************]	 
	Aircraft Basic Price (Excluding BFE/SPE):	[**************]	 	[**************]	[**************]	 
	Buyer Furnished Equipment (BFE) Estimate:	[**************]	 	Engine Escalation Data:	 	 
	In-Flight Entertainment (IFE) Estimate:	[**************]	 	[**************]	[**************]	 
	 	 	 	 	[**************]	[**************]	 

 

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

 

	 	 	 	 	Escalation	 	Escalation	 	                         	 	Escalation Estimate	 	Advance Payment Per Aircraft (Amts. Due/Mos.
    Prior to Delivery):
	Delivery	 	Number of 	 	Factor	 	Factor	 	 	 	Adv Payment Base	 	At Signing	 	24 Mos.	 	21/18/12/9/6 Mos.	 	Total
	Date	 	Aircraft	 	(Airframe)	 	(Engine)	 	 	 	Price Per A/P	 	[**************]	 	[**************]	 	[**************]	 	[**************]
	Dec-2016	 	1	 	[**************]	 	[**************]	 	 	 	[**************]	 	[**************]	 	[**************]	 	[**************]	 	[**************]
	Jan-2017	 	1	 	[**************]	 	[**************]	 	 	 	[**************]	 	[**************]	 	[**************]	 	[**************]	 	[**************]
	Apr-2017	 	1	 	[**************]	 	[**************]	 	 	 	[**************]	 	[**************]	 	[**************]	 	[**************]	 	[**************]
	Sep-2017	 	1	 	[**************]	 	[**************]	 	 	 	[**************]	 	[**************]	 	[**************]	 	[**************]	 	[**************]
	*Mar-2018	 	1	 	[**************]	 	[**************]	 	 	 	[**************]	 	[**************]	 	[**************]	 	[**************]	 	[**************]
	*Apr-2018	 	1	 	[**************]	 	[**************]	 	 	 	[**************]	 	[**************]	 	[**************]	 	[**************]	 	[**************]
	Total:	 	6	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

Any revision to the above Aircraft deliveries is subject to
Boeing’s confirmation related to providing the[*****************************************], Special Escalation Program.

 

* Delivery date is Nominal and subject to adjustment one month
earlier or later at 24 months notice per [**************************************].

 

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

 

    	 	SA-4
	 	Page 1
	BOEING PROPRIETARY

     

    

 

 

XIA-PA-03586-LA-1501313 R1

 

Xiamen Airlines

22 Dailiao Road

Xiamen, Fujian Province, 361006

People’s Republic of China

 

		Subject:	Open Configuration Matters – Model 787-9

 

		Reference:	Purchase Agreement No. PA-03586 (Purchase Agreement) between The Boeing Company (Boeing)
and Xiamen Airlines (Customer) relating to Model 787-9 Aircraft (787-9 Aircraft)

 

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

 

1.     Aircraft
Delivery Schedule.

 

The scheduled delivery positions for the
Aircraft listed in Table 2 of the Purchase Agreement with delivery dates of March 2018 and April 2018, as of the date of
this Letter Agreement, provide the delivery schedule in nominal delivery months (Nominal Delivery Month), [******************************************************].
[***************************] to the Nominal Delivery Month Boeing will provide written notice to Customer with a revised
Table 2 of the scheduled delivery month, as necessary, for each Aircraft. Such notice provided by Boeing will constitute an amendment
to the Table 2 of the Purchase Agreement.

 

2.     Aircraft
Configuration.

 

2.1     Initial
Configuration. The initial configuration of Customer's Model 787-9 Aircraft has been defined by Boeing [******************************************************************************],
which reflects the Boeing baseline Model 787-9 [*************************] of the Purchase Agreement. Given the period of
time between Purchase Agreement signing and delivery of the first Aircraft, the final configuration of the Customer’s Aircraft
has not yet been defined.

 

2.2     Final
Configuration Schedule. Customer and Boeing hereby agree to complete the configuration of the Aircraft using the then-current
Boeing configuration documentation (Final Configuration) in accordance with the following schedule:

 

2.2.1     [**********************************]
Aircraft's scheduled delivery month, Boeing and Customer will discuss potential optional features.

 

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

 

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	 	BOEING PROPRIETARY	 

     

    

 

 

2.2.2     Within
[*******************************************************], Boeing will provide Customer with a proposal for those optional features
that can be incorporated into the Aircraft during production.

 

2.2.3     Customer
will then have [*****************************] to accept or reject the optional features.

 

3.     Amendment
of the Purchase Agreement.

 

Within [*********************************]
Final Configuration, Boeing and Customer will execute a written amendment to the Purchase Agreement which will reflect the following:

 

3.1     Changes
applicable to the basic Model 787 aircraft which are developed by Boeing between the date of signing of the Purchase Agreement
and date of Final Configuration;

 

3.2     Incorporation
into [****************] of the Purchase Agreement, by written amendment, those optional features which have been agreed to by Customer
and Boeing pursuant to Article 1.2 above (Customer Configuration Changes);

 

3.3     Revisions
to the Performance Guarantees to reflect the effects, if any, on Aircraft performance resulting from the incorporation of the Customer
Configuration Changes and inclusion of a mission payload guarantee representing Customer’s operation on the Fuzhou (FOC)
to New York (JFK) route; and

 

3.4     Changes
to the [**********************************************************] of the Aircraft to adjust for the difference, if any, [*******************************************************]
for [******************************************] and [*************************************] Customer Configuration Changes.

 

4.     Assignment.

 

Except for an assignment
by Customer to a wholly-owned subsidiary as permitted under Article 9, entitled “Assignment, Resale, or Lease”
of the AGTA, this Letter Agreement is provided as an accommodation to Customer in consideration of Customer becoming the operator
of the 787-9 Aircraft and cannot be assigned in whole or in part.

 

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.

 

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

 

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	 	BOEING PROPRIETARY	 

     

    

 

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 	 
	By	 	 
	 	 	 
	Its	Attorney-In-Fact	 
	 	 
	ACCEPTED AND AGREED TO this	 
	 	 	 
	Date:	 	 
	 	 
	XIAMEN AIRLINES	 
	 	 	 
	By	 	 
	 	 	 
	Its	 	 

 

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

 

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	 	BOEING PROPRIETARY	 

     

    

 

 

XIA-PA-03586-LA-1501314 R1

 

Xiamen Airlines

22 Dailiao Road

Xiamen, Fujian Province, 361006

People’s Republic of China

 

		Subject:	Special Escalation Program – Model 787-9

 

		Reference:	Purchase Agreement No. PA-03586 (Purchase Agreement) between The Boeing Company (Boeing)
and Xiamen Airlines (Customer) relating to Model 787-9 aircraft (787-9 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.

 

787-9 Aircraft Applicability.

 

Per the terms of letter agreement to the
Purchase Agreement XIA-PA-03586-LA-1501316R1, Special Matters, the terms of this Letter Agreement are applicable only to
the six (6) firm 787-9 Aircraft included in Table 2 of the Purchase Agreement (Capped Period) at the time
of signing (Program 787-9 Aircraft).

 

1.     [******************].

 

Boeing will [**********************]
in [****************************************] based on Boeing’s then current standard [************************]. Only [**********************]
shall be used to conduct the [*********************] performed in accordance with Article 2.1, below, for a given Program
787-9 Aircraft. The [***************************] applicable to a given Program 787-9 Aircraft is set forth in the Attachment.

 

2.     [**********************************************************]

 

2.1     If
[*********************], projects a [*********************] that [*********************] the cumulative [*********************]
[*********************], as set forth in the Attachment, for the [*********************] of any Program 787-9 Aircraft that is
scheduled to deliver within the time period applicable to [*********************], as set forth in the Attachment, then Boeing
[*********************] to the Customer by the [*********************]. Such [*********************] shall, in Boeing's sole discretion,
either:

 

2.1.1     [*********************]
applicable to the [*********************] for such affected Program 787-9 Aircraft to [*********************] cumulative [*********************]as
set forth in the Attachment; or

 

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

 

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	 	BOEING PROPRIETARY	 

     

    

 

 

2.1.2     propose
a mutually agreeable [*********************].

 

2.1.3     If
neither 2.1.1 or 2.1.2 occurs, then [*********************] to [*********************] Program 787-9 Aircraft.

 

2.2     If
Boeing provides Customer the option described in Article 2.1 above, then Customer shall notify Boeing in writing of its election
to exercise the option contained in Article 2.1.1 or 2.1.2 above [*********************] of its receipt of the [*********************]
Boeing. In the event Customer exercises its option in accordance with Article 2.1.3 above, then: (i) Boeing [*********************],
without [*********************] to [*********************] [*********************] for the [*********************] 787-9 Aircraft,
and (ii) Customer [*********************] for any and all [*********************] levied by [*********************] for [*********************].
If requested, Boeing will [*********************] in working with [*********************] to [*********************].

 

2.2.1     Within
[*********************] of Boeing’s receipt of Customer’s [*********************] for any such [*********************]
787-9 Aircraft under Article 2.2 above, Boeing may elect by written notice to Customer [*********************] Customer [*********************]
to [*********************] 787-9 Aircraft at [*********************], or [*********************], by Customer.

 

2.2.2     Should
Customer [*********************] to Boeing in accordance with Article 2.2 above, then the [*********************]for the [*********************]
and [*********************] for such Program 787-9 Aircraft [*********************] in accordance with [*********************].

 

2.2.3     If
Customer and Boeing [*********************], as described in Article 2.1.2 above, and the [*********************]is [*********************]to
the [*********************][*********************] at delivery of such Program Aircraft, then the [*********************] will
be determined as described in paragraph 3 below for such Program Aircraft.

 

3.     [*********************]

 

If the escalation forecast
projects a [*********************] that is [*********************] to the [*********************] [*********************], as set
forth in the Attachment, for the scheduled [*********************] of any Program 787-9 Aircraft that is scheduled to deliver within
the time period applicable to such [*********************], as set forth in the Attachment, then Boeing [*********************]
for the [*********************] and [*********************] of each Program 787-9 Aircraft, in accordance with the terms in both
3.1 and 3.2 below.

 

3.1     The
[*********************] for the [*********************] and [*********************] of each Program 787-9 Aircraft will be capped
during the Capped Period at a fixed rate [*********************][*********************] resulting in the [*********************]
set forth in the Attachment ([*********************]).

 

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

 

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	 	BOEING PROPRIETARY	 

     

    

 

 

3.2     In
case the [*********************] may drop below the Capped Factor, Boeing will, at time of the Program 787-9 Aircraft [*********************],
calculate the [*********************] of the [*********************] and [*********************] using (i) [*********************]
in accordance with the provisions of Supplemental Exhibit AE1 to the Purchase Agreement ([*********************]) and (ii) the
[*********************]. The [*********************] will include the [*********************] and [*********************] utilizing
the [*********************] or the [*********************], whichever [*********************].

 

4.     Applicability
to Other Financial Consideration.

 

The [*********************]
for any other sum, identified in the Purchase Agreement as subject to [*********************] pursuant to Supplemental Exhibit AE1,
and which pertains to the Program 787-9 Aircraft shall be calculated using the [*********************] established in this Letter
Agreement for such Program 787-9 Aircraft notwithstanding any other provisions of the Purchase Agreement to the contrary.

 

5.     Assignment.

 

Except for an assignment
by Customer to a wholly-owned subsidiary as permitted under Article 9, entitled “Assignment, Resale, or Lease”
of the AGTA, this Letter Agreement is provided as an accommodation to Customer in consideration of Customer becoming the operator
of the Program 787-9 Aircraft and cannot be assigned in whole or in part.

 

6.     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.

 

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

 

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	 	BOEING PROPRIETARY	 

     

    

 

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 	 
	By	 	 
	 	 	 
	Its	Attorney-In-Fact	 
	 	 
	ACCEPTED AND AGREED TO this	 
	 	 	 
	Date:	 	 
	 	 
	XIAMEN AIRLINES	 
	 	 	 
	By	 	 
	 	 	 
	Its	 	 

 

Attachment

 

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

 

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	 	BOEING PROPRIETARY	 

     

    

 

		The Boeing Company

P.O. Box 3707

Seattle, WA  98124-2207
	 	 

 

ATTACHMENT to XIA-PA-03586-LA-1501314
R1

 

Escalation Forecast & Escalation
Notice Date

 

	[******]	 	Applicable to Program 787-9 Aircraft

Delivering in Time Period	 	
        [******]

        Notice Date

	Feb 2015	 	August 2016 through January 2017	 	[******]
	Aug 2015 	 	February 2017 through July 2017	 	[******]
	Feb 2016	 	August 2017 through January 2018	 	[******]
	Aug 2016	 	February 2018 through July 2018	 	[******]

 

Escalation Factors

 

	Delivery

Date	 	[******]	 	[******]
	Dec-16	 	[******]	 	[******]
	Jan-17	 	[******]	 	[******]
	Feb-17	 	[******]	 	[******]
	Mar-17	 	[******]	 	[******]
	Apr-17	 	[******]	 	[******]
	May-17	 	[******]	 	[******]
	Jun-17	 	[******]	 	[******]
	Jul-17	 	[******]	 	[******]
	Aug-17	 	[******]	 	[******]
	Sep-17	 	[******]	 	[******]
	Oct-17	 	[******]	 	[******]
	Nov-17	 	[******]	 	[******]
	Dec-17	 	[******]	 	[******]
	Jan-18	 	[******]	 	[******]
	Feb-18	 	[******]	 	[******]
	Mar-18	 	[******]	 	[******]
	Apr-18	 	[******]	 	[******]
	May-18	 	[******]	 	[******]

 

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

 

    	 	BOEING PROPRIETARY	 

     

    

 

 

XIA-PA-03586-LA-1501315 R1

 

Xiamen Airlines

22 Dailiao Road

Xiamen, Fujian Province, 361006

People’s Republic of China

 

		Subject:	Customer Support Matters –
                                         Model 787-9

 

		Reference:	Purchase Agreement No. PA-03586 (Purchase Agreement) between The Boeing Company (Boeing)
and Xiamen Airlines (Customer) relating to Model 787-9 Aircraft (787-9 Aircraft)

 

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

 

1.     Customer
currently operates a Model 787-8 aircraft, the same model type as the 787-9 Aircraft. In support of the 787-9 Aircraft, Boeing
offers the additional customer support provided in this Letter Agreement.

 

2.     As presented in letter agreement to the Purchase [*********************************************************************************].
Customer may [*****************************] for any of the training courses described on the Attachment to this Letter Agreement
[*********************************] on the Attachment or [**************************] described in [*******************************]
to the Purchase Agreement. At the end of the [******************************************].

 

3.     Minor
Model Difference Training and Entitlements.

 

3.1     Maintenance
Planning Assistance. Upon request, Boeing will provide [*********************************************************************************]
resulting from [************************************************] Aircraft and Customer’s [*****************].

 

3.2     ETOPS
Maintenance Planning Assistance. Upon request, Boeing will provide assistance in [********************************************]
[***************************] resulting from [*********************************] between the [***************************].

 

3.3     GSE/Shops/Tooling
Consulting. Upon request, Boeing will provide [***********************************************************************************************

*******************************************************************************************].

 

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

 

    	XIA-PA-03586-LA-1501315 R1		SA-4
	Customer Support Matters – Model 787-9	 	Page 2
	 	BOEING PROPRIETARY	 

     

    

 

 

3.4     Flight
Operations Services. Boeing will [*************************************************************] provided with previously delivered
Model 787-8 aircraft.

 

3.5     Technical
Data and Maintenance Information. Boeing will provide [*************************************************] to that traditionally
provided. Boeing (i) will provide such data and information through [*********************************], and (ii) [******************************************************************],
both at its sole discretion. Boeing may [**************************************************], as applicable, previously provided
technical data and maintenance information.

 

3.6     Spares.
Boeing [********************************], the customized Recommended Spares Parts List (RSPL).

 

4.     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 becoming the owner or operator of the 787-9 Aircraft and cannot be assigned in whole or, in part.

 

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
are under an obligation not to disclose its contents to any other person or entity without the prior written consent of Boeing.

 

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

 

    	XIA-PA-03586-LA-1501315 R1		SA-4
	Customer Support Matters – Model 787-9	 	Page 3
	 	BOEING PROPRIETARY	 

     

    

 

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 	 
	By	 	 
	 	 	 
	Its	Attorney-In-Fact	 
	 	 
	ACCEPTED AND AGREED TO this	 
	 	 	 
	Date:	 	 
	 	 
	XIAMEN AIRLINES	 
	 	 	 
	By	 	 
	 	 	 
	Its	 	 

 

Attachment

 

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

 

    	XIA-PA-03586-LA-1501315 R1		SA-4
	Customer Support Matters – Model 787-9	 	Page 4
	 	BOEING PROPRIETARY	 

     

    

 

 

ATTACHMENT

787 DIFFERENCES TRAINING POINTS MENU

 

	787 Training Courses	 	Per Class

Student

Maximum	 	[*****]*
	Maintenance	 	 	 	 
	787-8 to 787-9 or 787-9 to 787-8 Maintenance Training Differences Class	 	[***]	 	[***]

 

*[*************] are based upon training conducted according
to Boeing’s standard training courses. Extended or modified courses will require point adjustment to reflect altered work
statement or duration.

 

The courses and products listed in this Attachment are subject
to change from time to time as new courses are added and courses are removed. Boeing reserves the right to change course offering
at its own discretion.

 

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

 

    	XIA-PA-03586-LA-1501315 R1		SA-4
	Customer Support Matters – Model 787-9	 	Page 5
	 	BOEING PROPRIETARY	 

     

    

 

 

XIA-PA-03586-LA-1501316 R1

 

Xiamen Airlines

22 Dailiao Road

Xiamen, 361006

Fujian Province

People’s Republic of China

 

		Subject:	Special Matters – Model 787-9

 

		Reference:	Purchase Agreement No. PA-03586 (Purchase Agreement) between The Boeing Company (Boeing)
and Xiamen Airlines (Customer) relating to Model 787-9 aircraft (787-9 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.          Credit
Memoranda.

 

1.1     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.2     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.3     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.4     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.5     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.6     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

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

 

    	XIA-PA-03586-LA-1501316 R1		SA-4
	Special Matters – Model 787-9	 	Page 6
	 	BOEING PROPRIETARY	 

     

    

 

 

2.     [**************************].

 

Unless otherwise noted,
the amounts of the Credit Memoranda stated in paragraphs 1.1 through 1.6 of this Letter Agreement are [**********************]
and will be [**********************] of the respective 787-9 Aircraft delivery pursuant to the [**********************] set forth
in the Purchase Agreement applicable to the 787-9 Aircraft. The [**********************] may, at the election of Customer, be (i) applied
against the 787-9 [**********************] respective 787-9 Aircraft [**********************], or (ii) used for the [**********************]
([**********************]).

 

3.     [**************************].

 

As a special consideration for Customer’s
purchase of the [**********************] to the Purchase Agreement which support Customer’s launch of international operations,
Boeing is pleased to provide the [**********************] in accordance with the terms under [**********************] to the Purchase
Agreement [**********************], [**********************]. Generally, under the terms of the above [**********************]
letter agreement, there is a [**********************] and [**********************] for [**********************].

 

4.     [**************************].

 

As a special consideration
for Customer’s purchase of the [**********************] Aircraft which supplement its fleet of [**********************] aircraft
and to address the Customer’s [**********************] a [**********************], Boeing is pleased to provide to Customer
an [**********************] for use in accordance with the terms under [**********************] to the [**********************],
[**********************].

 

5.     [**************************].

 

At time of delivery of
any Purchase Right 787-9 Aircraft, under the terms of letter agreement to the Purchase Agreement [**********************] title
“[**********************]”, Boeing will provide a [**********************] that will be determined [**********************]
at [**********************] for the [**********************] 787-9 aircraft [**********************] [**********************].
This [**********************] will be [**********************] and will [**********************] in accordance with the [**********************].

 

6.     Assignment.

 

Unless otherwise noted
herein, the Credit Memoranda described in this Letter Agreement are provided as a financial accommodation to Customer and in consideration
of Customer’s taking title to the 787-9 Aircraft at time of delivery and becoming the operator of the 787-9 Aircraft. This
Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing.

 

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

 

    	XIA-PA-03586-LA-1501316 R1		SA-4
	Special Matters – Model 787-9	 	Page 7
	 	BOEING PROPRIETARY	 

     

    

 

 

7.     Confidentiality

 

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. In
addition to any equitable relief that may be available to Boeing in the event of a breach of this clause, Boeing may rescind the
Basic Credit Memorandum contained in paragraph 1.1 above, in the event of any unauthorized disclosure by Customer.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 	 
	By	 	 
	 	 	 
	Its	Attorney-In-Fact	 
	 	 
	ACCEPTED AND AGREED TO this	 
	 	 	 
	Date:	 	 
	 	 
	XIAMEN AIRLINES	 
	 	 	 
	By	 	 

 

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

 

    	XIA-PA-03586-LA-1501316 R1		SA-4
	Special Matters – Model 787-9	 	Page 8
	 	BOEING PROPRIETARY	 

     

    

 

 

XIA-PA-03586-LA-1501316 R1

 

Xiamen Airlines

22 Dailiao Road

Xiamen, 361006

Fujian Province

People’s Republic of China

 

		Subject:	Special Matters – Model 787-9

 

		Reference:	Purchase Agreement No. PA-03586 (Purchase Agreement) between The Boeing Company (Boeing)
and Xiamen Airlines (Customer) relating to Model 787-9 aircraft (787-9 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.          Credit
Memoranda.

 

1.1     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.2     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.3     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.4     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.5     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

1.6     [**************************].
At [**************************] of each 787-9 Aircraft, Boeing [**************************] in the amount of [**************************].

 

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

 

    	XIA-PA-03586-LA-1501316 R1		SA-4
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	 	BOEING PROPRIETARY	 

     

    

 

 

2.     [**************************].

 

Unless otherwise noted,
the amounts of the Credit Memoranda stated in paragraphs 1.1 through 1.6 of this Letter Agreement are [**********************]
and will be [**********************] of the respective 787-9 Aircraft delivery pursuant to the [**********************] set forth
in the Purchase Agreement applicable to the 787-9 Aircraft. The [**********************] may, at the election of Customer, be (i) applied
against the 787-9 [**********************] respective 787-9 Aircraft [**********************], or (ii) used for the [**********************]
([**********************]).

 

3.     [**************************].

 

As a special consideration for Customer’s
purchase of the [**********************] to the Purchase Agreement which support Customer’s launch of international operations,
Boeing is pleased to provide the [**********************] in accordance with the terms under [**********************] to the Purchase
Agreement [**********************], [**********************]. Generally, under the terms of the above [**********************]
letter agreement, there is a [**********************] and [**********************] for [**********************].

 

4.     [**************************].

 

As a special consideration
for Customer’s purchase of the [**********************] Aircraft which supplement its fleet of [**********************] aircraft
and to address the Customer’s [**********************] a [**********************], Boeing is pleased to provide to Customer
an [**********************] for use in accordance with the terms under [**********************] to the [**********************],
[**********************].

 

5.     [**************************].

 

At time of delivery of
any Purchase Right 787-9 Aircraft, under the terms of letter agreement to the Purchase Agreement [**********************] title
“[**********************]”, Boeing will provide a [**********************] that will be determined [**********************]
at [**********************] for the [**********************] 787-9 aircraft [**********************] [**********************].
This [**********************] will be [**********************] and will [**********************] in accordance with the [**********************].

 

6.     Assignment.

 

Unless otherwise noted
herein, the Credit Memoranda described in this Letter Agreement are provided as a financial accommodation to Customer and in consideration
of Customer’s taking title to the 787-9 Aircraft at time of delivery and becoming the operator of the 787-9 Aircraft. This
Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing.

 

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

 

    	XIA-PA-03586-LA-1501316 R1		SA-4
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	 	BOEING PROPRIETARY	 

     

    

 

 

7.     Confidentiality

 

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. In
addition to any equitable relief that may be available to Boeing in the event of a breach of this clause, Boeing may rescind the
Basic Credit Memorandum contained in paragraph 1.1 above, in the event of any unauthorized disclosure by Customer.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 	 
	By	 	 
	 	 	 
	Its	Attorney-In-Fact	 
	 	 
	ACCEPTED AND AGREED TO this	 
	 	 	 
	Date:	 	 
	 	 
	XIAMEN AIRLINES	 
	 	 	 
	By	 	 

 

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

 

    	XIA-PA-03586-LA-1501316 R1		SA-4
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	 	BOEING PROPRIETARYExhibit 4.41

 

Supplemental
Agreement No. 3

 

to

 

Purchase Agreement
No. PA-03757

 

between

 

The Boeing Company

 

and

 

Xiamen Airlines

 

Relating to
Boeing Model 737-800 Aircraft

 

THIS SUPPLEMENTAL
AGREEMENT (Supplemental Agreement) is entered into by and between The Boeing Company (Boeing) and Xiamen Airlines
(Customer);

 

Customer and
Boeing entered into Purchase Agreement No. PA-03757 dated August 8, 2012, as amended, and supplemented, (Purchase Agreement)
relating to the purchase and sale of Boeing Model 737-800 aircraft (the Aircraft); and this Supplemental Agreement is an
amendment to and is incorporated into the Purchase Agreement:

 

WHEREAS the
Parties desire to amend the existing Purchase Agreement to add the purchase of [********] additional Model 737-800 aircraft, and

 

NOW, THEREFORE,
the parties agree that the Purchase Agreement, relating to the [********] Aircraft, is amended as set forth below and otherwise
agree as follows:

 

		1.	Table
                                         of Contents.

 

The
Table of Contents to the Purchase Agreement is hereby deleted in its entirety and replaced by a new Table of Contents (attached
hereto), to reflect the incorporation of this Supplemental Agreement No. 3 into the Purchase Agreement. Note that a correction
to the Purchase Rights Letter Agreement to “XIA-PA-03757-LA-1208905” is also included.

 

		2.	Tables.

 

A
new Table 2 to the Purchase Agreement is hereby added (attached hereto) to reflect the incorporation of this Supplemental Agreement
No. 3 into the Purchase Agreement.

 

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

 

    
	 	SA-3
	 	EXA Page 1
	BOEING PROPRIETARY

     

    

 

		3.	Aircraft
                                         Configuration – Exhibit A.

 

Exhibit
A to the Purchase Agreement is hereby deleted in its entirety and replaced by a new Exhibit A (attached hereto), to reflect the
incorporation of this Supplemental Agreement No. 3 into the Purchase Agreement.

 

		4.	Letter
                                         Agreements.

 

4.1           Letter
Agreement XIA-PA-03757-LA-1207440, titled “Special Matters” is hereby deleted in its entirety and replaced by a new
Letter Agreement XIA-PA-03757-LA-1207440R1 titled “Special Matters – Table 1” (attached hereto) to reflect the
incorporation of this Supplemental Agreement No. 3 into the Purchase Agreement.

 

4.2           Letter
Agreement XIA-PA-03757-LA-1504497 titled “Applicability Matters – Table 2” is hereby added to the Purchase Agreement
to reflect the incorporation of this Supplemental Agreement No. 3 into the Purchase Agreement.

 

4.3           Letter
Agreement XIA-PA-03757-LA-1504498 titled “Special Matters – Table 2” is hereby added to the Purchase Agreement
to reflect the incorporation of this Supplemental Agreement No. 3 into the Purchase Agreement.

 

4.4           Letter
Agreement XIA-PA-03757-LA-1504499 titled “Special Escalation Program – Table 2” is hereby added to the Purchase
Agreement to reflect the incorporation of this Supplemental Agreement No. 3 into the Purchase Agreement.

 

		5.	Miscellaneous.

 

5.1
The Purchase Agreement is amended as set forth above, and all other terms and conditions of the Purchase Agreement remain unchanged
and are in full force and effect. Any Tables of Contents, Tables, Supplemental Exhibits, Letter Agreements or other documents
that are listed in the Sections above are incorporated into this Supplemental Agreement by this reference.

 

5.2
This Supplemental Agreement will become effective upon execution and receipt by both Parties.

 

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

 

    
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EXECUTED as
of                                                                                    , 2016.

 

	XIAMEN AIRLINES	 	THE BOEING COMPANY
	 	 	 	 	 
	By:	 	 	By:	 
	 	 	 	 	 
	Name:	 	 	Name:	 
	 	 	 	 	 
	Title:	 	 	Title:	Attorney-in-fact

 

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

 

    
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TABLE OF
CONTENTS

 

	ARTICLES	 
	Article 1.	Quantity, Model and Description	 
	Article 2.	Delivery Schedule	 
	Article 3.	Price	 
	Article 4.	Payment	 
	Article 5.	Additional Terms	 
	 	 	 
	TABLES	 
	1.	Aircraft Information Table	SA-2
	2.	Aircraft Information Table	SA-3
	 	 	 
	EXHIBIT	 
	A.	Aircraft Configuration	SA-3
	B.	Aircraft Delivery Requirements and Responsibilities	 
	 	 	 
	SUPPLEMENTAL EXHIBITS	 
	AE1.	Escalation Adjustment/Airframe and Optional Features	 
	BFE1.	BFE Variables	 
	CS1.	Customer Support Variables	 
	EE1.	Engine Warranty and Patent Indemnity	 
	SLP1.	Service Life Policy Components	 
	 	 	 
	LETTER AGREEMENTS	 
	LA-1207432	LA-Aircraft Model Substitution	 
	LA-1207433 R1	LA-Payment Matters	SA-2
	LA-1207434	LA-Special Escalation Program
    	 
	LA-1207435	LA-Government Approval Matters	 
	LA-1207436	LA-Liquidated Damages Non-Excusable
    Delay	 
	LA-1207437	LA-Performance Guarantee	 
	LA-1207438	LA-Significant Improvement-737NG	 
	LA-1207439	LA-Spare Parts Initial Provisioning	 
	LA-1207440R1	LA-Special Matters –
    Table 1 Aircraft	SA-3
	LA-1207452	LA-Clarification and Understanding	 
	LA-1207453R1	LA-Volume Agreement	SA-1
	LA-1207481	LA-Boeing Purchase of BFE	 

 

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

 

    
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	LA-1207482	LA-Loading
    of Customer Software	 
	LA-1207483R1	LA-Promotional Support Follow
    On Aircraft	SA-1
	LA-1207484	LA-Seller Purchase Equipment	 
	LA-1208905	LA-Right to Purchase Additional
    Aircraft	SA-3
	 	 	 
	LETTER AGREEMENTS (continued)	 
	LA-1208937	LA-Open
    Configuration Matters	SA-2
	LA-1504497	LA-Applicability Matters –
    Table 2 Aircraft	SA-3
	LA-1504498	LA-Special Matters –
    Table 2 Aircraft	SA-3
	LA-1504499	LA-Special Escalation Program
    – Table 2 Aircraft	SA-3

 

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

 

    
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Table 2 To

Purchase Agreement No. PA-03757

Aircraft Delivery, Description, Price
and Advance Payments

 

	Airframe Model/MTOW:	 	737-800	 	[********]	 	Detail Specification:	 	[********]	 	
	Engine Model/Thrust:	 	[********]	 	[********]	 	Airframe Price Base Year/Escalation
    Formula:	 	[********]	 	[********]
	Airframe Price:	 	 	 	[********]	 	Engine Price Base Year/Escalation Formula:	 	[********]	 	[********]
	Optional Features Estimate:	 	 	 	[********]	 	 	 	 	 	 
	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:	 	 	 	[********]	 	 	 	 	 	 

 

	 	 	 	 	 	 	 	 	Escalation
    Estimate	 	Advance
    Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):    	 
	Delivery	 	Number
    of 	 	Escalation	 	 	 	Adv
    Payment Base	 	At
    Signing	 	[********]	 	[********]	 	Total	 
	Date	 	Aircraft	 	Indices
    (Estimate)	 	 	 	Price
    Per A/P	 	[********]	 	[********]	 	[********]	 	[********]	 
	[********]	 	[********]	 	[********]	 	 	 	[********]	 	[********]	 	[********]	 	[********]	 	[********]	 
	[********]	 	[********]	 	[********]	 	 	 	[********]	 	[********]	 	[********]	 	[********]	 	[********]	 
	[********]	 	[********]	 	[********]	 	 	 	[********]	 	[********]	 	[********]	 	[********]	 	[********]	 
	[********]	 	[********]	 	[********]	 	 	 	[********]	 	[********]	 	[********]	 	[********]	 	[********]	 
	[********]	 	[********]	 	[********]	 	 	 	[********]	 	[********]	 	[********]	 	[********]	 	[********]	 
	[********]	 	[********]	 	[********]	 	 	 	[********]	 	[********]	 	[********]	 	[********]	 	[********]	 
	[********]	 	[********]	 	[********]	 	 	 	[********]	 	[********]	 	[********]	 	[********]	 	[********]	 
	[********]	 	[********]	 	[********]	 	 	 	[********]	 	[********]	 	[********]	 	[********]	 	[********]	 
	[********]	 	[********]	 	[********]	 	 	 	[********]	 	[********]	 	[********]	 	[********]	 	[********]	 
	Total:	 	[********]	 	 	 	 	 	 	 	2%	 	 	 	 	 	 	 

 

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

 

    
	 	SA-3
	XIA-PA-03757 79976-1F.TXT
	EXA Page 6
	BOEING PROPRIETARY

     

    

 

AIRCRAFT
CONFIGURATION

 

between

 

THE BOEING
COMPANY

 

and

 

XIAMEN
AIRLINES

 

Exhibit A
to Purchase Agreement Number PA-03757

 

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

 

    
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	BOEING PROPRIETARY

     

    

 

Exhibit A

 

AIRCRAFT
CONFIGURATION

 

relating
to

 

BOEING
MODEL 737-800 AIRCRAFT

 

The
Detail Specification is Boeing document number [********],[********], dated as of [********]. The Detail Specification provides
further description of Customer’s configuration set forth in this Exhibit A. Such Detail Specification will be comprised
of Customer’s existing Boeing detail specification as amended to incorporate the optional features (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.

 

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

 

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

 

 

 

	Optional Features
	Number	 	Title	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]

 

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

  

    BOEING
                                         PROPRIETARY

     

    

 

 

 

	Number	 	Title	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]

 

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

 

    

	 	LA  Page 2
	BOEING PROPRIETARY

     

    

 

 

 

	Number	 	Title	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]

 

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

 

    

	 	LA  Page 3
	BOEING PROPRIETARY

     

    

 

 

 

	Number	 	Title	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]

 

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

 

    

	 	LA  Page 4
	BOEING PROPRIETARY

     

    

 

 

 

	Number	 	Title	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]

 

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

 

    

	 	LA  Page 5
	BOEING PROPRIETARY

     

    

 

 

 

	Number	 	Title	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]

 

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

 

    

	 	LA  Page 6
	BOEING PROPRIETARY

     

    

 

 

 

	Number	 	Title	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]

 

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

 

    

	 	LA  Page 7
	BOEING PROPRIETARY

     

    

 

 

 

	Number	 	Title	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]

 

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

 

    

	 	LA  Page 8
	BOEING PROPRIETARY

     

    

 

 

 

	Number	 	Title	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]
	[********]	 	[********]	 	[********]	 	[********]

 

	OPTIONS: [***]	TOTAL - SPECIAL FEATURES - EXHIBIT A:	[********]	[********]

 

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

 

    

	 	LA  Page 9
	BOEING PROPRIETARY

     

    

 

 

 

XIA-PA-03757-LA-1207440R1

 

Xiamen Airlines

22 Dailiao Road

Xiamen, Fujian Province, 361006

People’s Republic of China

 

		Subject:	Special
                                         Matters – Table 1 Aircraft

 

		Reference:	Purchase
                                         Agreement No. PA-03757 (Purchase Agreement) between The Boeing Company (Boeing)
                                         and Xiamen Airlines (Customer) relating to Model 737-800 aircraft (Aircraft)

 

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

 

1.          Credit
Memoranda. In consideration of Customer’s purchase of the Aircraft listed in Table 1 to the Purchase Agreement (Table
1), at the time of delivery of each such Aircraft in Table 1, Boeing will provide to Customer the following credit memoranda:

 

1.1           [********]
Credit Memorandum. Boeing will issue to Customer a [********] memorandum ([********] Credit Memorandum) in an amount
of [********].

 

1.2           [********]
Credit Memorandum. Boeing will issue to Customer a [********] credit memorandum ([********] Credit Memorandum) in an
amount of [********] at the time of delivery of each 737-800 Aircraft. This credit memorandum may only be used for the purchase
of Boeing goods and services and may not be applied against the Aircraft Price at time of delivery.

 

1.3           [********]
Credit Memorandum. In recognition of Customer
[********], Boeing will issue to Customer a [********] credit memorandum ([********]
Credit Memorandum) in an amount of [********]
at the time of delivery of each 737-800 Aircraft.

 

1.4           [********]
Credit Memorandum. In recognition of Customer’s [********], Boeing will issue to Customer a [********] credit memorandum
([********] Credit Memorandum) in an amount of [********] at the time of delivery of each Aircraft.

 

1.5           [********]
Credit Memorandum. To address Customer’s [********], Boeing will issue to Customer a [********] credit memorandum ([********]
Credit Memorandum) at delivery of each 737-800 Aircraft, as scheduled at signing of this Purchase Agreement, as follows:

 

		·	Aircraft
                                         delivering in [********]:
                                         [********]

		·	Aircraft
                                         delivering in [********]:
                                         [********]

		·	Aircraft
                                         delivering in [********]:
                                         [********]

		·	Aircraft
                                         delivering in [********]:
                                         [********]

 

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

 

    

	 	LA  Page 10
	BOEING PROPRIETARY

     

    

 

 

 

		2.	Substitution Aircraft.

 

If
Customer elects to substitute into [********] aircraft from the Aircraft in Table 1, Customer will receive at least [********]
as in Purchase Agreement No. 3217 for the purchase of [********] aircraft. Boeing and Customer will discuss in good faith to determine
the credit memoranda amount at the time Customer requests to make the substitution.

 

		3.	Purchase Right Aircraft.

 

If
Customer exercises the right to make Purchase Right Aircraft firm 737-800 Aircraft from the Aircraft in Table 1 as described in
Letter Agreement XIA-PA-03757-LA-1208905, Customer will receive the [********] as the firm thirty-one (31) 737-800 Aircraft described
in this Letter Agreement, [********************************************************].

 

		4.	Escalation of Credit Memoranda.

 

Unless
otherwise noted, the amounts of the Credit Memoranda stated in paragraphs 1.1 through 1.5 and paragraph 2 are in [********]
base year dollars and will be escalated to the scheduled month of the respective Aircraft delivery pursuant to Supplemental Exhibit AE1
of the Purchase Agreement and shall be subject to the same provisions set forth in Letter Agreement XIA-PA-03758-LA-1207434. The
Credit Memoranda may, at the election of Customer, be (i) applied against the Aircraft Price of the respective Aircraft at
the time of delivery, or (ii) used for the purchase of other Boeing goods and services (but shall not be applied to advance
payments).

 

		5.	Assignment.

 

Unless
otherwise noted herein, the Credit Memoranda described in this Letter Agreement are provided as a financial accommodation to Customer
and in consideration of Customer’s taking title to the Aircraft at time of delivery and becoming the operator of the Aircraft.
This Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing.

 

		6.	Confidentiality.

 

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.

 

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

 

    

	 	LA  Page 11
	BOEING PROPRIETARY

     

    

 

 

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By	 	 
	 	 
	Its	Attorney-In-Fact	 
	 	 
	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	 	 
	 	 
	XIAMEN AIRLINES	 
	 	 
	By	 	 
	 	 
	Its	 	 

 

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

 

    

	 	LA  Page 12
	BOEING PROPRIETARY

     

    

 

 

 

XIA-PA-03757-LA-1504497

 

Xiamen Airlines

22 Dailiao Road

Xiamen, Fujian Province, 361006

People’s Republic of China

 

		Subject:	Applicability
                                         Matters – Table 2 Aircraft

 

		Reference:	Purchase
                                         Agreement No. PA-03757 (Purchase Agreement) between The Boeing Company (Boeing)
                                         and Xiamen Airlines (Customer) relating to Model 737-800 aircraft (Aircraft)

 

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

 

1.          Purchase
Agreement Terms – Applicability. Boeing and Customer have agreed upon the additional purchase of Aircraft listed in
Table 2 to the Purchase Agreement (Table 2). As stated below, the following defines the applicability for the provisions
of the Purchase Agreement to the Aircraft listed in Table 2 at time of signing this Letter Agreement. This Letter Agreement is
not applicable the Aircraft listed in Table 1 to the Purchase Agreement.

 

1.1           Unless
otherwise excluded or revised below, the terms of the Purchase Agreement will apply to the Aircraft listed in Table 2, where “Table
1” is listed or, when not, the terms of the Purchase Agreement are applicable to the Aircraft:

 

		i.	Purchase Agreement –
Article 1 through Article 5, excluding 4.1 related to the Deposit;

 

		ii.	Exhibit A and B, and Supplemental
Exhibits AE1, BFE1, SLP1 and CS1, except that under Supplemental Exhibit CS1, Boeing is [******************];

 

		iii.	Letter Agreement XIA-PA-03757-LA-1207484,
Seller Purchased Equipment

 

		iv.	Letter Agreement XIA-PA-03757-LA-1207481,
Boeing Purchase of Buyer Furnished Equipment;

 

		v.	Letter Agreement XIA-PA-03757-LA-1207439,
Spare Parts Initial Provisioning;

 

		vi.	Letter Agreement XIA-PA-03757-LA-1207482,
Loading of Customer Software;

 

		vii.	Letter Agreement XIA-PA-03757-LA-1207432,
Aircraft Model Substitution

 

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

 

    

	 	LA  Page 13
	BOEING PROPRIETARY

     

    

 

 

 

		viii.	Letter Agreement XIA-PA-03757-LA-1207433R1,
Payment Matters, with the exception that paragraph 1, titled Advance Payment Schedule does not apply to the Aircraft in Table
2, paragraph 2, titled Advance Payments for the Aircraft – Due on the Effective Date of the Purchase Agreement applies to
Table 2 payment of [********] and paragraph 7, titled Default Interest, is amended to replace the last sentence with, “The
rate of interest for Customer’s delayed payment of the advance payments shall be [********].”

 

		ix.	Letter Agreement XIA-PA-03757-LA-1207435,
Government Approval Matters;

 

		x.	Letter Agreement XIA-PA-03757-LA-1207436,
Liquidated Damages – Non-Excusable Delay, with the exception that paragraph 1, Liquidated Damages, is revised to read as
follows:

 

	 	The amount of liquidated damages will be derived from
	 	[**********************************************************************************
	 	***********************************************************************************
	 	***********************************************************************************
	 	***********************************************************************************
	 	***********************************************************************************
	 	
        ******************************************************************] 

	 	(Liquidated Damages).

 

		xi.	Letter Agreement XIA-PA-03757-LA-1207437,
Aircraft Performance Guarantees;

 

		xii.	Letter Agreement XIA-PA-03757-LA-1207438,
Significant Aircraft Improvement;

 

		xiii.	Letter Agreement XIA-PA-03757-LA-1207452,
Clarification and Understanding;

 

1.2           The
following terms of the Purchase Agreement do not apply to the Aircraft listed in Table 2:

 

		i.	Letter Agreement XIA-PA-03757-LA-1207434,
Special Escalation Program;

 

		ii.	Letter Agreement XIA-PA-03757-LA-1207440,
Special Matters;

 

		iii.	Letter Agreement XIA-PA-03757-LA-1207453R1,
Volume Agreement

 

		iv.	Letter Agreement XIA-PA-03757-LA-1207483R1,
Promotional Support – Follow On Aircraft; and

 

		v.	Letter Agreement XIA-PA-03757-LA-1208905,
Right to Purchase Additional Aircraft.

 

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

 

    
	 	March 14, 2016
	 	Page 14
	BOEING PROPRIETARY

     

    

 

 

 

		2.	Confidentiality.

 

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.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By	 	 
	 	 
	Its	Attorney-In-Fact	 
	 	 
	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	 	 
	 	 
	 	 
	XIAMEN AIRLINES	 
	 	 
	By	 	 
	 	 
	Its	 	 

 

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

 

    
	 	March 14, 2016
	 	Page 15
	BOEING PROPRIETARY

     

    

 

 

 

XIA-PA-03757-LA-1504498

 

Xiamen Airlines

22 Dailiao Road

Xiamen, Fujian Province, 361006

People’s Republic of China

 

		Subject:	Special
                                         Matters – Table 2 Aircraft

 

		Reference:	Purchase
                                         Agreement No. PA-03757 (Purchase Agreement) between The Boeing Company (Boeing)
                                         and Xiamen Airlines (Customer) relating to Model 737-800 aircraft (Aircraft)

 

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

 

1.          Credit
Memoranda. In consideration of Customer’s purchase of the Aircraft listed in Table 2 of the Purchase Agreement (Table
2), at the time of delivery of each such Aircraft, unless otherwise noted below, Boeing will provide to Customer the following
credit memoranda:

 

1.1           Basic
Credit Memorandum. Boeing will issue to Customer a basic credit memorandum (Basic Credit Memorandum) in an amount of[********].

 

1.2           Customer
Support Credit Memorandum. Boeing will issue to Customer a customer support credit memorandum (Customer Support Credit
Memorandum) in an amount of [********].

 

1.3           Customer
Loyalty Credit Memorandum. Boeing will issue to Customer a customer loyalty credit memorandum (Customer Loyalty Credit
Memorandum) in an amount of [********].

 

1.4           2018
Aircraft Delivery Credit Memorandum. For Aircraft delivering in 2018, Boeing will issue to Customer a 2018 aircraft delivery
credit memorandum (2018 Aircraft Delivery Credit Memorandum) in an amount of [********].

 

1.5           Executive
Closing Credit Memorandum. Boeing will issue to Customer an executive closing credit memorandum (Executive Closing Credit
Memorandum) in an amount of [********].

 

1.6           Unless
otherwise noted, the amounts of the credit memoranda stated in paragraphs 1.1 through 1.5 above are in [********] base year
dollars and will be escalated to the scheduled delivery month of the respective Aircraft pursuant to Supplemental Exhibit AE1
of the Purchase Agreement and will be subject to the provisions set forth in letter agreement XIA-PA-03757-LA-1504499 to the Purchase
Agreement titled, Special Escalation Program – Table 2 Aircraft. In addition, unless otherwise noted, the credit memoranda
may, at Customer’s election, be (i) applied against the Aircraft Price of the respective Aircraft at the time of delivery
or (ii) used for the purchase of other Boeing goods and services (but will not be applied to advance payments).

 

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

 

    
	 	March 14, 2016
	 	Page 16
	BOEING PROPRIETARY

     

    

 

 

 

1.7           [********************]
Credit Memoranda. As an additional consideration for Customer’s purchase of the Aircraft in Table 2, Boeing will issue
to Customer a fleet introduction credit memorandum (Fleet Introduction Credit Memorandum) in the fixed amount of [********]
each at or about the following dates:

 

	[********]	[********]	[********]
	[********]	[********]	[********]
	[********]	[********]	[********]
	[********]	[********]	[********]
	[********]	[********]	[********]

 

The
Fleet Introduction Credit Memoranda may, at Customer’s election, be (i) applied against the [**************************]
or (ii) used for the purchase of other Boeing goods and services (but will not be applied to any advance payments).

 

1.8           Special
Consideration – Promotional Support. As an additional consideration for Customer’s purchase of the Aircraft in
Table 2, Boeing will expand the definition of “Covered Aircraft” in letter agreement XIA-PA-03757-LA-1207483R1 to
the Purchase Agreement titled, Promotional Support – Follow On Aircraft, to also include the Aircraft in Table 2, notwithstanding
the terms of letter agreement XIA-PA-03757-LA-1504497 to the Purchase Agreement titled, Applicability Matters – Table 2
Aircraft. Therefore, Boeing agrees to provide Promotional Support to Customer during the Performance Period in a value not to
exceed [********] for each of the Aircraft in Table 2. The Performance Period of the Promotional Support for the Aircraft in Table
2 will begin on [********].

 

1.9           [********]
Credit Memorandum. As an additional consideration for Customer’s purchase of the Aircraft in Table 2, Boeing will issue
to Customer a [********] credit memorandum ([********] Credit Memorandum) in the fixed amount of [********]. The [********] Credit
Memorandum may be used for the purchase of other Boeing goods and services (but will not be applied to any advance payments).

 

		2.	Assignment.

 

Unless
otherwise noted herein, the Credit Memoranda described in this Letter Agreement are provided as a financial accommodation to Customer
and in consideration of Customer’s taking title to the Aircraft at time of delivery and becoming the operator of the Aircraft.
This Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing.

 

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

 

    
	 	March 14, 2016
	 	Page 17
	BOEING PROPRIETARY

     

    

 

 

 

		3.	Confidentiality.

 

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.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By	 	 
	 	 
	Its	Attorney-In-Fact	 
	 	 
	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	 	 
	 	 
	 	 
	XIAMEN AIRLINES	 
	 	 
	By	 	 
	 	 
	Its	 	 

 

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

 

    
	 	March 14, 2016
	 	Page 18
	BOEING PROPRIETARY

     

    

 

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

 

 

 

XIA-PA-03757-LA-1504499

 

Xiamen Airlines

22 Dailiao Road

Xiamen, Fujian Province, 361006

People’s Republic of China

 

		Subject:	Special
                                         Escalation Program – Table 2 Aircraft

 

		Reference:	Purchase
                                         Agreement No. PA-03757 (Purchase Agreement) between The Boeing Company (Boeing)
                                         and Xiamen Airlines (Customer) relating to Model 737-800 aircraft (Aircraft)

 

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

 

		1.	Definitions.

 

Program
Aircraft means each Aircraft specified in Table 2 of the Purchase Agreement as of the date of this Letter Agreement.

 

		2.	Applicability.

 

Notwithstanding
any other provision of the Purchase Agreement to the contrary, the parties agree that the Escalation Adjustment for the Airframe
Price and Optional Features Prices for each Program Aircraft shall be determined in accordance with this Letter Agreement.

 

		3.	Capped Escalation.

 

Boeing
will cap the Escalation Adjustment for the Airframe Price and Optional Features Prices of each Program Aircraft in accordance
with the terms of this Letter Agreement.

 

3.1           The
Escalation Adjustment for the Airframe Price and Optional Features Prices of each Program Aircraft will be capped at a fixed rate
of [********] per year compounded annually resulting in the escalation factors set forth in the Attachment (Capped Factors).

 

3.2           If
the actual escalation factor, as determined in accordance with Supplemental Exhibit AE1 at time of delivery of an Program
Aircraft, produces an escalation rate less than or equal to [********] cumulative annual escalation factor, then the escalation
rate so produced shall apply for such Program Aircraft.

 

3.3           If
the actual escalation factor, as determined in accordance with Supplemental Exhibit AE1 at time of delivery of an Program
Aircraft, produces an escalation rate more than [********] cumulative annual escalation factor, then the Escalation Adjustment
will be determined using the Capped Factors.

 

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

 

    BOEING PROPRIETARY

     

    

 

 

 

		4.	Affect on Advance Payments.

 

The
amount and timing of advance payments Customer is required to pay to Boeing pursuant to the Purchase Agreement shall be unaffected
by any terms set forth in this Letter Agreement.

 

		5.	Aircraft Applicability.

 

Unless
otherwise stated, the terms of this Letter Agreement shall only apply to the firm Aircraft set forth in Table 2 of the Purchase
Agreement as of the execution date of this Letter Agreement.

 

		6.	Applicability to Other
Financial Consideration.

 

The
escalation adjustment for any other sum, identified in the Purchase Agreement as subject to escalation pursuant to Supplemental
Exhibit AE1, and which pertains to the Program Aircraft shall be calculated using the escalation methodology established
in this Letter Agreement for such Program Aircraft notwithstanding any other provisions of the Purchase Agreement to the contrary.

 

		7.	Assignment.

 

This
Letter Agreement is provided as an accommodation to Customer in consideration of Customer becoming the operator of the Program
Aircraft and cannot be assigned in whole or in part.

 

		8.	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.

 

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

 

    

	 	Page 2
	BOEING PROPRIETARY

     

    

 

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By	 	 
	 	 
	Its	Attorney-In-Fact	 
	 	 
	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	 	 
	 	 
	 	 
	XIAMEN AIRLINES	 
	 	 
	By	 	 
	 	 
	Its	 	 

 

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

 

    

	 	Page 3
	BOEING PROPRIETARY

     

    

 

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

 

 

 

ATTACHMENT 

 

Escalation
Factors - [********] Base Year

 

	Month	 	[********]

    Factors
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]
	[********]	 	[********]

 

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

  

    BOEING
                                         PROPRIETARY

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