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10-Q - 10-Q - JETBLUE AIRWAYS CORPq3201710-q.htm
EX-32 - EXHIBIT 32 - JETBLUE AIRWAYS CORPq32017exhibit32.htm
EX-31.2 - EXHIBIT 31.2 - JETBLUE AIRWAYS CORPq32017exhibit312.htm
EX-31.1 - EXHIBIT 31.1 - JETBLUE AIRWAYS CORPq32017exhibit311.htm
EX-12.1 - EXHIBIT 12.1 - JETBLUE AIRWAYS CORPq32017exhibit121.htm
exhibit10148199244321_image1.gif
Exhibit 10.1


AMENDMENT NO. 3
DATED AS OF AUGUST 15, 2017
TO THE
V2500 GENERAL TERMS OF SALE AGREEMENT
BY AND BETWEEN
IAE INTERNATIONAL AERO ENGINES AG
AND
JETBLUE AIRWAYS CORPORATION
DATED AS OF MAY 4, 1999

This document contains proprietary information of IAE International Aero Engines AG (“IAE”). IAE offers the information contained in this document on the condition that you not disclose or reproduce the information to or for the benefit of any third party without IAE’s written consent. Neither receipt nor possession of this document, from any source, constitutes IAE’s permission. Possessing, using, copying or disclosing this document to or for the benefit of any third party without IAE’s written consent may result in criminal and/or civil liability.
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3
EM
4819-9244-3218.2



This Amendment No. 3, dated as of August 15, 2017 (this “Amendment No. 3”), amends the V2500 General Terms of Sale Agreement dated May 4, 1999 between IAE International Aero Engines AG (“IAE”) and JetBlue Airways Corporation (“JetBlue”), as amended and supplemented from time to time, such contract being hereinafter referred to as the “GTA”).
Unless expressly stated to the contrary, definitions and terms used in this Amendment No. 3 shall have the same meaning given to them in the GTA.
WHEREAS:
A.
JetBlue and IAE desire to amend the GTA for the purpose of adding fifteen (15) incremental A321ceo aircraft;

B.
JetBlue and IAE desire to amend the GTA for the purpose of adding the option to purchase two (2) incremental V2533-A5 spare engines; and

C.
JetBlue and IAE also desire to extend certain terms of the GTA to the Engines installed on the 2017 Incremental Aircraft and to the 2017 Incremental Option Spare Engines.

NOW, THEREFORE, in consideration of the mutual benefits and obligations set forth herein, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
1.
Agreement to Purchase
1.1.
Sections 2.2.5 and 2.2.6 are hereby added to the GTA as follows:
“2.2.5
JetBlue hereby agrees to purchase from the Aircraft Manufacturer a firm and unconditional order of fifteen (15) new A321 Family Aircraft (“2017 Incremental Aircraft”) powered by new V2533-A5 Engines for delivery according to the schedule set forth in Exhibit B-1 to this Agreement, as amended from time to time. Such Engines installed on the 2017 Incremental Aircraft will be [***].
For the avoidance of doubt, in accordance with Exhibit B-1 attached hereto, the parties agree that the 2017 Incremental Aircraft will be treated as [***].
2.2.6
IAE hereby grants JetBlue the option to purchase up to two (2) new V2533-A5 [***] spare Engines (the “2017 Incremental Option Spare Engines”) for delivery no later than [***], 2019 and in accordance with the schedule set forth in Exhibit B-2 to this Agreement. Such 2017 Incremental Option Spare Engines will be [***]. If JetBlue desires to exercise one or both options, JetBlue will provide IAE with written notice no less than [***] prior to the requested delivery date, and such request will be [***].


[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 2
4819-9244-3218.2



For the avoidance of doubt, in accordance with Exhibit B-2 attached hereto, the parties agree that the 2017 Incremental Option Spare Engines will be treated as [***]. Additionally, these options will expire on [***], if JetBlue does not exercise the options before such date, unless IAE and JetBlue mutually agree otherwise.”    
2.
2017 Incremental Aircraft
2.1.
The Deemed Shipset Price of the 2017 Incremental Aircraft, expressed in [***] United States Dollars, is as follows:
Aircraft (Engine) Type
Deemed Shipset Price
([***] US$)
A321 (V2533-A5)
US$[***]

2.2.
[***]

3.
2017 Incremental Option Spare Engines
3.1.
The Unit Base Price of the 2017 Incremental Option Spare Engines, expressed in [***] United States Dollars, and which will be escalated [***], is as follows:
Engine Model
Unit Base Price
([***] US$)
V2533-A5
US$[***]

3.2.
[***]

Within [***] business days of receipt of JetBlue’s notification of its desire to exercise an option, IAE will notify JetBlue if an Engine is available for delivery. If IAE has an available Engine, [***] of the escalated Unit Base Price of the 2017 Incremental Option Spare Engine will be due and payable to IAE [***]. The balance of the Unit Base Price[***] will be due and payable to IAE [***].

4.
Aircraft Delivery Schedule


[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 3
4819-9244-3218.2



Exhibit B-1 to the GTA, Aircraft Delivery Schedule, is hereby deleted in its entirety and replaced with the Amendment No. 3 Exhibit B-1 attached as Appendix 1.
5.
Purchased Items, Price, Escalation Formula and Delivery
Exhibit B-2 to the GTA, Purchased Items, Price, Escalation Formula and Delivery, is hereby deleted in its entirety and replaced with the Amendment No. 3 Exhibit B-1 attached as Appendix 2.
The terms and provisions and attachments contained in this Amendment No. 3 constitute the entire agreement between the parties with respect to the matters herein described, and supersede all prior understandings and agreements of the parties with respect thereto. No amendment or modification of this Amendment No. 3 shall be binding upon either party unless set forth in a written instrument executed by both parties.
This Amendment No. 3 contains matters of a confidential and proprietary nature and is delivered on the express condition that its terms shall not be disclosed to any third party or reproduced in whole or in part for anyone other than the parties hereto without the other party’s prior written consent.
The parties hereby agree and acknowledge that there has been full and adequate consideration for the mutual promises contained herein. The terms and conditions of the GTA are incorporated herein by reference. Except as expressly amended hereby, all other terms and conditions of the GTA shall remain unchanged and in full force and effect and are hereby ratified and confirmed in all respects.
This Amendment No. 3 may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original and all of which when taken together shall constitute the same instrument.
Upon acceptance by IAE, as evidenced by execution of the signature block below, this document will become an enforceable amendment to the GTA. The parties agree that facsimile signatures shall be deemed to be of the same force and effect as an original executed document. If executed by facsimile, the parties agree to provide original signature pages upon request.
[Signatures to follow]



[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 4
4819-9244-3218.2



    

IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 3 to be executed in duplicate as of the date last written below.
JETBLUE AIRWAYS CORPORATION
 
By:
/s/ Steve Priest
 
Typed Name:
Steve Priest
 
Title:
Chief Financial Officer
 
Date:
August 15, 2017


IAE INTERNATIONAL AERO ENGINES AG
 
By:
/s/ Katielai G. Sevigny
 
Typed Name:
Katielai G. Sevigny
 
Title:
Assistant Secretary
 
Date:
August 15, 2017
 





IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3
4819-9244-3218.2        Page 5



    


Appendix 1
Amendment No. 3 – Exhibit B-1
Aircraft Delivery Schedule
As of August 2017
Glossary Notes:
 
R denotes the Incremental Firm Aircraft as defined in Side Letter 37 and the 2014 Incremental Aircraft as defined in Amendment No. 1 that will be treated as [***] in accordance with Side Letter 17, Side Letter No. 37, and Amendment No. 1 to the GTA.
 
* denotes Firm Aircraft that have received or will receive the $[***] ([***]$) spare parts credit as set forth in Section 7 of Side Letter No. 13 or Section 7 of Side Letter No. 17, as applicable, and as amended by Side Letter No. 25 and Side Letter 37.
 
** denotes Firm Aircraft that have received or will receive the $[***] ([***]$) spare parts credit as set forth in Section 7 of Side Letter No. 13 or Section 7 of Side Letter No. 17, as applicable, and as amended by Side Letter No. 25 and Side Letter 37.
 
t denotes Firm Aircraft that have received or will receive the both the $[***] ([***]$) and $[***] ([***]$) the spare parts credits and as set forth in Section 7 of Side Letter No. 13 or Section 7 of Side Letter No. 17, as applicable, and as amended by Side Letter No. 25 and Side Letter 37.
 
Delivered Aircraft are indicated by italics typeface.
 
Applicable escalation formulae, indicated for the calculation of Fleet Introductory Assistance credits, are in accordance with Side Letter No. 13 and Side Letter No. 17 to the Agreement, as amended by Side Letter No. 25 to the Agreement and Side Letter 37.
Rank No.
Firm Aircraft Category
Aircraft
Type
Contracted
Month
Contracted
Year
Applicable
Escalation
 
No. 1
Existing Firm Aircraft
A320
[***]
2000
Formula I
 
No. 2
Existing Firm Aircraft
A320
[***]
2000
Formula I
 
No. 3
Existing Firm Aircraft
A320
[***]
2000
Formula I
 
No. 4
Existing Firm Aircraft
A320
[***]
2000
Formula I
 
No. 5
Existing Firm Aircraft
A320
[***]
2000
Formula I
 
No. 6
Existing Firm Aircraft
A320
[***]
2000
Formula I
 
No. 7
Existing Firm Aircraft
A320
[***]
2001
Formula I
 
No. 8
Existing Firm Aircraft
A320
[***]
2001
Formula I
 
No. 9
Existing Firm Aircraft
A320
[***]
2001
Formula I
 
No. 10
Existing Firm Aircraft
A320
[***]
2001
Formula I
 


[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 6
4819-9244-3218.2



Rank No.
Firm Aircraft Category
Aircraft
Type
Contracted
Month
Contracted
Year
Applicable
Escalation
 
No. 11
Existing Firm Aircraft
A320
[***]
2001
Formula I
 
No. 12
Existing Firm Aircraft
A320
[***]
2001
Formula I
 
No. 13
Existing Firm Aircraft
A320
[***]
2001
Formula I
 
No. 14
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 15
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 16
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 17
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 18
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 19
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 20
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 21
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 22
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 23
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 24
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 25
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 26
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 27
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 28
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 29
Existing Firm Aircraft
A320
[***]
2002
Formula I
 
No. 30
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 31
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 32
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 33
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 34
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 35
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 36
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 37
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 38
Existing Firm Aircraft
A320
[***]
2003
Formula I
*
No. 39
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 40
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 41
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 42
Existing Firm Aircraft
A320
[***]
2003
Formula I
 
No. 43
Existing Firm Aircraft
A320
[***]
2003
Formula I
*
No. 44
Existing Firm Aircraft
A320
[***]
2003
Formula I
 


[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 7
4819-9244-3218.2



Rank No.
Firm Aircraft Category
Aircraft
Type
Contracted
Month
Contracted
Year
Applicable
Escalation
 
No. 45
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 46
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 47
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 48
Existing Firm Aircraft
A320
[***]
2004
Formula I
*
No. 49
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 50
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 51
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 52
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 53
Existing Firm Aircraft
A320
[***]
2004
Formula I
*
No. 54
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 55
Incremental Firm Aircraft
A320
[***]
2004
Formula I
 
No. 56
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 57
Existing Firm Aircraft
A320
[***]
2004
Formula I
 
No. 58
Existing Firm Aircraft
A320
[***]
2004
Formula I
*
No. 59
Incremental Firm Aircraft
A320
[***]
2004
Formula I
 
No. 60
Existing Firm Aircraft
A320
[***]
2005
Formula I
 
No. 61
Existing Firm Aircraft
A320
[***]
2005
Formula I
 
No. 62
Incremental Firm Aircraft
A320
[***]
2005
Formula I
 
No. 63
Existing Firm Aircraft
A320
[***]
2005
Formula I
*
No. 64
Existing Firm Aircraft
A320
[***]
2005
Formula I
 
No. 65
Existing Firm Aircraft
A320
[***]
2005
Formula I
 
No. 66
Existing Firm Aircraft
A320
[***]
2005
Formula I
 
No. 67
Incremental Firm Aircraft
A320
[***]
2005
Formula I
 
No. 68
Existing Firm Aircraft
A320
[***]
2005
Formula I
*
No. 69
Existing Firm Aircraft
A320
[***]
2005
Formula I
 
No. 70
Existing Firm Aircraft
A320
[***]
2005
Formula I
 
No. 71
Incremental Firm Aircraft
A320
[***]
2005
Formula I
**
No. 72
Existing Firm Aircraft
A320
[***]
2005
Formula I
 
No. 73
Existing Firm Aircraft
A320
[***]
2005
Formula I
*
No. 74
Incremental Firm Aircraft
A320
[***]
2005
Formula I
 
No. 75
Incremental Firm Aircraft
A320
[***]
2005
Formula I
 
No. 76
2004 Incremental Aircraft
A320
[***]
2006
Formula II
 
No. 77
Existing Firm Aircraft
A320
[***]
2006
Formula I
 
No. 78
Incremental Firm Aircraft
A320
[***]
2006
Formula I
*


[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 8
4819-9244-3218.2



Rank No.
Firm Aircraft Category
Aircraft
Type
Contracted
Month
Contracted
Year
Applicable
Escalation
 
No. 79
Incremental Firm Aircraft
A320
[***]
2006
Formula I
 
No. 80
Existing Firm Aircraft
A320
[***]
2006
Formula I
 
No. 81
Incremental Firm Aircraft
A320
[***]
2006
Formula I
**
No. 82
Existing Firm Aircraft
A320
[***]
2006
Formula I
 
No. 83
Incremental Firm Aircraft
A320
[***]
2006
Formula I
*
No. 84
Incremental Firm Aircraft
A320
[***]
2006
Formula I
 
No. 85
Existing Firm Aircraft
A320
[***]
2006
Formula I
 
No. 86
Incremental Firm Aircraft
A320
[***]
2006
Formula I
 
No. 87
Incremental Firm Aircraft
A320
[***]
2006
Formula I
 
No. 88
Existing Firm Aircraft
A320
[***]
2006
Formula I
*
No. 89
Incremental Firm Aircraft
A320
[***]
2006
Formula I
**
No. 90
Incremental Firm Aircraft
A320
[***]
2006
Formula I
 
No. 91
2004 Incremental Aircraft
A320
[***]
2006
Formula II
 
No. 92
Existing Firm Aircraft
A320
[***]
2007
Formula I
 
No. 93
Existing Firm Aircraft
A320
[***]
2007
Formula I
*
No. 94
2004 Incremental Aircraft
A320
[***]
2007
Formula II
 
No. 95
Existing Firm Aircraft
A320
[***]
2007
Formula I
 
No. 96
Existing Firm Aircraft
A320
[***]
2007
Formula I
 
No. 97
Existing Firm Aircraft
A320
[***]
2007
Formula I
 
No. 98
Incremental Firm Aircraft
A320
[***]
2007
Formula I
*
No. 99
Incremental Firm Aircraft
A320
[***]
2007
Formula I
 
No. 100
Incremental Firm Aircraft
A320
[***]
2007
Formula I
 
No. 101
Incremental Firm Aircraft
A320
[***]
2007
Formula I
**
No. 102
Incremental Firm Aircraft
A320
[***]
2007
Formula I
 
No. 103
Incremental Firm Aircraft
A320
[***]
2007
Formula I
*
No. 104
Incremental Firm Aircraft
A320
[***]
2008
Formula I
 
No. 105
Incremental Firm Aircraft
A320
[***]
2008
Formula I
 
No. 106
Incremental Firm Aircraft
A320
[***]
2008
Formula I
**
No. 107
Incremental Firm Aircraft
A320
[***]
2008
Formula I
 
No. 108
Incremental Firm Aircraft
A320
[***]
2008
Formula I
*
No. 109
Incremental Firm Aircraft
A320
[***]
2008
Formula I
 
No. 110
Incremental Firm Aircraft
A320
[***]
2008
Formula I
 
No. 111
Incremental Firm Aircraft
A320
[***]
2008
Formula I
**
No. 112
Incremental Firm Aircraft
A320
[***]
2008
Formula I
 


[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 9
4819-9244-3218.2



Rank No.
Firm Aircraft Category
Aircraft
Type
Contracted
Month
Contracted
Year
Applicable
Escalation
 
No. 113
Incremental Firm Aircraft
A320
[***]
2008
Formula I
*
No. 114
Incremental Firm Aircraft
A320
[***]
2008
Formula I
 
No. 115
Incremental Firm Aircraft
A320
[***]
2008
Formula I
 
No. 116
Incremental Firm Aircraft
A320
[***]
2009
Formula I
**
No. 117
Incremental Firm Aircraft
A320
[***]
2009
Formula I
 
No. 118
Incremental Firm Aircraft
A320
[***]
2009
Formula I
*
No. 119
Incremental Firm Aircraft
A320
[***]
2010
Formula I
 
No. 120
Incremental Firm Aircraft
A320
[***]
2010
Formula I
 
No. 121
Incremental Firm Aircraft
A320
[***]
2010
Formula I
**
No. 122
2004 Incremental Aircraft
A320
[***]
2011
Formula II
 
No. 123
2004 Incremental Aircraft
A320
[***]
2011
Formula II
 
No. 124
2004 Incremental Aircraft
A320
[***]
2011
Formula II
 
No. 125
2004 Incremental Aircraft
A320
[***]
2011
Formula II
 
No. 126
2004 Incremental Aircraft
A320
[***]
2012
Formula II
R 
No. 127
2004 Incremental Aircraft
A320
[***]
2012
Formula II
R 
No. 128
2004 Incremental Aircraft
A320
[***]
2012
Formula II
R† 
No. 129
2004 Incremental Aircraft
A320
[***]
2012
Formula II
R 
No. 130
2004 Incremental Aircraft
A320
[***]
2013
Formula II
R 
No. 131
2004 Incremental Aircraft
A320
[***]
2013
Formula II
R 
No. 132
2004 Incremental Aircraft
A320
[***]
2013
Formula II
R 
No. 133
2004 Incremental Aircraft
A321
[***]
2013
Formula II
 
No. 134
2004 Incremental Aircraft
A321
[***]
2013
Formula II
 
No. 135
2004 Incremental Aircraft
A321
[***]
2013
Formula II
 
No. 136
2004 Incremental Aircraft
A321
[***]
2013
Formula II
 
No. 137
2004 Incremental Aircraft
A321
[***]
2014
Formula II
R 
No. 138
2004 Incremental Aircraft
A321
[***]
2014
Formula II
R† 
No. 139
2004 Incremental Aircraft
A321
[***]
2014
Formula II
R 
No. 140
2004 Incremental Aircraft
A321
[***]
2014
Formula II
R 
No. 141
2004 Incremental Aircraft
A321
[***]
2014
Formula II
R 
No. 142
2004 Incremental Aircraft
A321
[***]
2014
Formula II
R 
No. 143
2004 Incremental Aircraft
A321
[***]
2014
Formula II
 
No. 144
2004 Incremental Aircraft
A321
[***]
2014
Formula II
 
No. 145
2004 Incremental Aircraft
A321
[***]
2014
Formula II
R 
No. 146
2004 Incremental Aircraft
A321
[***]
2015
Formula II
 


[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 10
4819-9244-3218.2



Rank No.
Firm Aircraft Category
Aircraft
Type
Contracted
Month
Contracted
Year
Applicable
Escalation
 
No. 147
2004 Incremental Aircraft
A321
[***]
2015
Formula II
 
No. 148
2004 Incremental Aircraft
A321
[***]
2015
Formula II
 
No. 149
2004 Incremental Aircraft
A321
[***]
2015
Formula II
 
No. 150
2004 Incremental Aircraft
A321
[***]
2015
Formula II
 
No. 151
2004 Incremental Aircraft
A321
[***]
2015
Formula II
 
No. 152
2004 Incremental Aircraft
A321
[***]
2015
Formula II
 
No. 153
2004 Incremental Aircraft
A321
[***]
2015
Formula II
R† 
No. 154
2004 Incremental Aircraft
A321
[***]
2015
Formula II
 
No. 155
2014 Incremental Aircraft
A321
[***]
2015
Formula II
R 
No. 156
2004 Incremental Aircraft
A321
[***]
2015
Formula II
 
No. 157
2014 Incremental Aircraft
A321
[***]
2015
Formula II
R 
No. 158
2004 Incremental Aircraft
A321
[***]
2016
Formula II
 
No. 159
2004 Incremental Aircraft
A321
[***]
2016
Formula II
 
No. 160
2004 Incremental Aircraft
A321
[***]
2016
Formula II
 
No. 161
2004 Incremental Aircraft
A321
[***]
2016
Formula II
 
No. 162
2004 Incremental Aircraft
A321
[***]
2016
Formula II
 
No. 163
2004 Incremental Aircraft
A321
[***]
2016
Formula II
 
No. 164
2004 Incremental Aircraft
A321
[***]
2016
Formula II
R 
No. 165
2004 Incremental Aircraft
A321
[***]
2016
Formula II
 
No. 166
2004 Incremental Aircraft
A321
[***]
2016
Formula II
 
No. 167
2004 Incremental Aircraft
A321
[***]
2016
Formula II
 
No. 168
2004 Incremental Aircraft
A321
[***]
2017
Formula II
 
No. 169
2004 Incremental Aircraft
A321
[***]
2017
Formula II
 
No. 170
2004 Incremental Aircraft
A321
[***]
2017
Formula II
 
No. 171
2004 Incremental Aircraft
A321
[***]
2017
Formula II
R 
No. 172
2004 Incremental Aircraft
A321
[***]
2017
Formula II
R 
No. 173
2004 Incremental Aircraft
A321
[***]
2017
Formula II
R 
No. 174
2004 Incremental Aircraft
A321
[***]r
2017
Formula II
R 
No. 175
2014 Incremental Aircraft
A321
[***]
2017
Formula II
R 
No. 176
2014 Incremental Aircraft
A321
[***]
2017
Formula II
R 
No. 177
2014 Incremental Aircraft
A321
[***]
2017
Formula II
R 
No. 178
2004 Incremental Aircraft
A321
[***]
2018
Formula II
R 
No. 179
2017 Incremental Aircraft
A321
[***]
2017
Formula II
 
No. 180
2017 Incremental Aircraft
A321
[***]
2017
Formula II
 


[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 11
4819-9244-3218.2



Rank No.
Firm Aircraft Category
Aircraft
Type
Contracted
Month
Contracted
Year
Applicable
Escalation
 
No. 181
2017 Incremental Aircraft
A321
[***]
2017
Formula II
 
No. 182
2017 Incremental Aircraft
A321
[***]
2017
Formula II
 
No. 183
2017 Incremental Aircraft
A321
[***]
2017
Formula II
 
No. 184
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 
No. 185
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 
No. 186
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 
No. 187
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 
No. 188
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 
No. 189
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 
No. 190
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 
No. 191
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 
No. 192
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 
No. 193
2017 Incremental Aircraft
A321
[***]
2018
Formula II
 



[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 12
4819-9244-3218.2




Appendix 2
Amendment No. 3 – Exhibit B-2
Purchased Items, Price, Escalation Formula and Delivery
As of August 2017
Glossary Notes:
 
Delivered Firm Spare Engines are indicated by italics typeface.
 
Applicable escalation formulae, indicated for the calculation of Spare Engine pricing and credits, are in accordance with Side Letter No. 13 and Side Letter No. 17 to the Agreement, as amended by Side Letter No. 25 and Side Letter No. 37 to the Agreement.
 
Delivery of the 2017 Incremental Option Spare Engines to be no later than [***], 2019.


[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 13
4819-9244-3218.2



Rank No.
Engine Model
Base Contract Price (US$)
Base Month
Qty
Applicable
Escalation
Contracted Delivery Date
No. 1
V2527-A5
[***]
[***]
1
Formula I
[***]-99
No. 2
V2527-A5
[***]
[***]
1
Formula I
[***]-00
No. 3
V2527-A5
[***]
[***]
1
Formula I
[***]-01
No. 4
V2527-A5
[***]
[***]
1
Formula I
[***]-02
No. 5
V2527-A5
[***]
[***]
1
Formula I
[***]-02
No. 6
V2527-A5
[***]
[***]
1
Formula I
[***]-03
No. 7
V2527-A5
[***]
[***]
1
Formula I
[***]-04
No. 8
V2527-A5
[***]
[***]
1
Formula I
[***]-05
No. 9
V2527-A5
[***]
[***]
1
Formula I
[***]-05
No. 10
V2527-A5
[***]
[***]
1
Formula II
[***]-06
No. 11
V2527-A5
[***]
[***]
1
Formula I
[***]-06
No. 12
V2527-A5
[***]
[***]
1
Formula II
[***]-07
No. 13
V2527-A5
[***]
[***]
1
Formula I
[***]-07
No. 14
V2527-A5
[***]
[***]
1
Formula I
[***]-07
No. 15
V2527-A5
[***]
[***]
1
Formula II
[***]-07
No. 16
V2527-A5
[***]
[***]
1
Formula I
[***]-07
No. 17
V2527-A5
[***]
[***]
1
Formula I
[***]-08
No. 18
V2527-A5
[***]
[***]
1
Formula I
[***]-08
No. 19
V2527-A5
[***]
[***]
1
Formula I
[***]-09
No. 20
V2527-A5
[***]
[***]
1
Formula I
[***]-10
No. 21
V2527-A5
[***]
[***]
1
Formula II
[***]-10
No. 22
V2527-A5
[***]
[***]
1
Formula I
[***]-10
No. 23
V2527-A5
[***]
[***]
1
Formula I
[***]-11
No. 24
V2527-A5
[***]
[***]
1
Formula II
[***]-11
No. 25
V2527-A5
[***]
[***]
1
Formula II
[***]-11
No. 26
V2527-A5
[***]
[***]
1
Formula II
[***]-11
No. 27
V2527-A5
[***]
[***]
1
Formula II
[***]-12
No. 28
V2527-A5
[***]
[***]
1
Formula II
[***]-12
No. 29
V2533-A5
[***]
[***]
1
Formula II
TBD*
No. 30
V2533-A5
[***]
[***]
1
Formula II
TBD*



[***]
Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
IAE Proprietary - Subject to the Restrictions on the Front Page
This document does not contain any export regulated technical data.
JetBlue V2500 GTA Amendment No. 3    Page 14
4819-9244-3218.2