Delta Airlines 2015 Annual Report Download - page 157

Download and view the complete annual report

Please find page 157 of the 2015 Delta Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 191

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191

2.3 Escalation Adjustment is revised to delete the word “and” after the word “737-700” and add the word “737-
900ER” after the word “737-800” and now reads as follows:
“Escalation Adjustment is defined as the price adjustment to the Airframe and Optional Features Prices (and
the Engine Price for models 737700, 737800, 737-900ER and 777-200LR) resulting from the calculation using
the economic price formula contained in Exhibit D to this AGTA.”
2.4 Option Aircraft is revised to add a new sentence: “Upon the execution of Supplemental Agreement 17 to
Purchase Agreement 2022, all remaining Options and Option Aircraft under Purchase Agreement 2022 are
cancelled” so that the paragraph now reads as follows:
“Option Aircraft is defined as those Option Aircraft listed in Table 2 to the applicable Purchase Agreement and
in Letter Agreement DAL-PA-02022-LA-1105858. For historical records the Option Aircraft were initially (a) 60
model 737-632/-732/-832 Aircraft; (b) 20 model 757-232 Aircraft; (c) 10 model 767-332/-332ER Aircraft; (d) 24
model 767-432ER Aircraft; and (e) 10 model 777-232IGW Aircraft. Upon the execution of Supplemental
Agreement No. 17 to Purchase Agreement 2022, all remaining Options and Option Aircraft under Purchase
Agreement 2022 are cancelled.”
2.5 Purchase Agreement is revised to add “/-932ER” after the word “737-632/-737/-832” and now reads as
follows:
“Purchase Agreement means a purchase agreement for each of the model (a) 737732/832/-932ER, (b)
757232, (c) 767332ER/332, (d) 767432ER, and (e) 7772321GW/-232LR Aircraft.
2.6 Rolling Option Aircraft is revised to (i) replace the scrivener reference to “Firm Aircraft” with “Rolling Option
Aircraft”; and (ii) add a new sentence: “Upon the addition of the 737-900ER model aircraft to Purchase Agreement
2022, all remaining Rolling Options and Rolling Option Aircraft under Purchase Agreement 2022 are cancelled”
and now reads as follows:
“Rolling Option Aircraft is defined as those Aircraft listed in Table 2 to the applicable Purchase Agreement and
are initially: (i) 280 model 737 Aircraft; (ii) 90 model 757 Aircraft; (iii) 19 model 767-300 Aircraft; and (iv) 25 model
767-400 Aircraft. Upon the addition of the 737-900ER model aircraft to Purchase Agreement 2022, all remaining
Rolling Options and Rolling Option Aircraft under Purchase Agreement 2022 are cancelled.”
3. Article 4, [***] is amended as follows:
3.1 [***]
[***]
3.2 [***]
[***]
DAL-PA-02022-LA-1104472R1
AGTA Terms Revisions SA-17 LA Page 2
BOEING PROPRIETARY
[***] Confidential portion omitted and filed separately with the Commission Pursuant to a Request for Confidential Treatment.