Document

Exhibit 10.12

CERTAIN IDENTIFIED INFORMATION MARKED BY [*] HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT BOTH CUSTOMARILY AND ACTUALLY TREATS AS PRIVATE AND CONFIDENTIAL.

Supplemental Agreement No. 17

Purchase Agreement No. PA-03659

between

The Boeing Company

and

Air Lease Corporation

This Supplemental Agreement No. 17 is entered into as of June 18, 2023 (Supplemental Agreement No. 17) by and between THE BOEING COMPANY (Boeing) and AIR LEASE CORPORATION (Customer);

All terms used but not defined in this Supplemental Agreement No. 17 have the same meaning as in the Purchase Agreement;

WHEREAS, Boeing and Customer have entered into Purchase Agreement No. PA-03659, dated October 31, 2011, as amended, and supplemented, (Purchase Agreement) relating to the purchase and sale of Boeing Model 787-9 Aircraft and Model 787-10 Aircraft; and

WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]; and

WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*];

NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:

1.TABLE OF CONTENTS.

The Table of Contents of the Purchase Agreement is deleted in its entirety and replaced by a new Table of Contents, provided as Enclosure 1 to this Supplemental Agreement No. 17 which reflects the revisions set forth in this Supplemental Agreement No. 17.

2.TABLE 1.

a. Table 1C to Purchase Agreement No. PA-03659, 787-10 Block A Aircraft Delivery, Description, Price and Advance Payments General Electric Engines is deleted in its entirety and replaced by a revised Table 1C to Purchase Agreement No. PA-03659, 787-10 Block A Aircraft Delivery, Description, Price and Advance Payments General Electric Engines provided as Enclosure 2 to this Supplemental Agreement No. 17 to [*].


						Page i
			BOEING PROPRIETARY

b. Table 1F to Purchase Agreement No. PA-03659, 787-9 Block E Aircraft Delivery, Description, Price and Advance Payments Rolls Royce Engines is deleted in its entirety and replaced by a revised Table 1F to Purchase Agreement No. PA-03659, 787-9 Block E Aircraft Delivery, Description, Price and Advance Payments Rolls Royce Engines provided as Enclosure 3 to this Supplemental Agreement No. 17 to [*].

c. Table 1F to Purchase Agreement No. PA-03659, 787-9 Block E Aircraft Delivery, Description, Price and Advance Payments General Electric Engines is deleted in its entirety and replaced by a revised Table 1F to Purchase Agreement No. PA-03659, 787-9 Block E Aircraft Delivery, Description, Price and Advance Payments General Electric Engines provided as Enclosure 4 to this Supplemental Agreement No. 17 to [*].

d. Table 1G to Purchase Agreement No. PA-03659, 787-9 Block F Aircraft Delivery, Description, Price and Advance Payments General Electric Engines provided as Enclosure 5 to this Supplemental Agreement No. 17 is hereby added to the Purchase Agreement to [*].

3.EXHIBITS

Exhibit A8, HAZ/[*] 787-9 Aircraft Configuration [*], provided as Enclosure 6 to this Supplemental Agreement No. 17 is hereby incorporated into the Purchase Agreement to identify the configuration applicable to the 787-9 Block F Aircraft.

4.LETTER AGREEMENTS.

a. Letter Agreement HAZ-PA-03659-LA-1104720R12, Advance Payment Matters, is deleted in its entirety and replaced by a revised Letter Agreement HAZ-PA-03659-LA-1104720R13, Advance Payment Matters, provided as Enclosure 7 to this Supplemental Agreement No. 17, which addresses [*].

b. Letter Agreement LA-1301080R9, Special Matters - 787-9 Blocks B, C, D and E Aircraft, is deleted in its entirety and replaced by a revised Letter Agreement LA-1301080R10, Special Matters - 787-9 Blocks B, C, D, E, and F Aircraft, provided as Enclosure 8 to this Supplemental Agreement No. 17, which reflects [*].

c. Letter Agreement LA-2104365,[*], provided as Enclosure 9 to this Supplemental Agreement No. 17, is hereby added to the Purchase Agreement to [*].

5.PAYMENT CONSIDERATIONS.

[*]

6.MISCELLANEOUS.

a.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.

b.This Supplemental Agreement will become effective upon execution and receipt by both parties of both this Supplemental Agreement No. 17 on or before June 19, 2023, after which date this Supplemental Agreement will be null and void and have no force or effect.

EXECUTED IN DUPLICATE as of the day and year first above written.


HAZ-PA-03659-SA-17		Page ii
	BOEING PROPRIETARY

THE BOEING COMPANY

AIR LEASE CORPORATION

By:

/s/ Craig Simmons

By:

/s/ Grant Levy

Its:

Attorney-In-Fact

Its:

Executive Vice President


HAZ-PA-03659-SA-17		Page iii
	BOEING PROPRIETARY

Enclosure 1

PURCHASE AGREEMENT NUMBER PA-03659

between

THE BOEING COMPANY

and

Air Lease Corporation

Relating to Boeing Model 787-9 and 787-10 Aircraft



PA 3659						SA-17

Enclosure 1

TABLE OF CONTENTS


ARTICLES
Article 1.	Quantity, Model, Description and Inspection	SA-2
Article 2.	Delivery Schedule	SA-2
Article 3.	Price	SA-2
Article 4.	Payment	SA-2
Article 5.	Additional Terms	SA-2


TABLE
1A.	787-9 Block A Aircraft Information Table	SA-8
1B.	787-9 Block B Aircraft Information Table	SA-7
1C.	787-10 Block A Aircraft Information Table	SA-17
1D.	787-9 Block C Aircraft Information Table	SA-8
1E.	787-9 Block D Aircraft Information Table	SA-11
1F.	787-9 Block E Aircraft Information Table	SA-17
1G.	787-9 Block F Aircraft Information Table	SA-17


EXHIBIT
A1.	HAZ/[*] 787-9 Aircraft Configuration	SA-7
A2.	HAZ/[*] 787-9 Aircraft Configuration	SA-7
A3.	HAZ/[*] 787-9 Aircraft Configuration	SA-8
A4.	HAZ/[*] 787-9 Aircraft Configuration	SA-11
A5.	HAZ/[*] 787-10 Aircraft Configuration	SA-15
A6.	HAZ/[*] 787-10 Aircraft Configuration	SA-15
A7	HAZ/[*] 787-9 Aircraft Configuration	SA-16
A8	HAZ/[] 787-9 Aircraft Configuration []	SA-17
B.	Aircraft Delivery Requirements and Responsibilities	SA-2


SUPPLEMENTAL EXHIBITS
AE1.	Escalation Adjustment Airframe and Optional Features	SA-2
BFE1.	BFE Variables	SA-7
CS1.	Customer Support Document	SA-15
EE1.	[*], Engine Warranty and Patent Indemnity –General Electric Engines	SA-2
EE1.	[*], Engine Warranty and Patent Indemnity – Rolls Royce Engines	SA-2
SLP1.	Service Life Policy Components	SA-2



PA 3659						SA-17

Enclosure 1

LETTER AGREEMENTS


LA-1104716R1	[*]…	SA-2
LA-1104717R1	Demonstration Flight Waiver	SA-2
LA-1104718R1	[*]	SA-2
LA-1104719R1	Other Matters	SA-2
LA-1104720R13	Advance Payment Matters	SA-17
LA-1104721R1	[*]	SA-2
LA-1104722R1	Assignment of Customer’s Interest to a Subsidiary or Affiliate	SA-2
LA-1104724	e-Enabling Software Matters
LA-1104725R1	[*]	SA-2
LA-1104726R1	Special Matters relating to COTS Software and End User License Agreements	SA-2
LA-1104727R2	AGTA Matters	SA-2
LA-1104728R1	Leasing Matters for 787 Aircraft	SA-2
LA-1104729R1	Liquidated Damages – Non-Excusable Delay	SA-2
LA-1104730R5	Open Configuration Matters	SA-10
LA-1104731R1	Performance Guarantees – 787-9 Block A Aircraft	SA-2
LA-1104733R1	Special Terms - Seats and In-flight Entertainment	SA-2
LA-1104734R2	Special Matters – 787-9 Block A Aircraft	SA-6
LA-1300863	Performance Guarantees – 787-10 Block A Aircraft	SA-2
LA-1300864R3	Performance Guarantees – 787-9 Block B, C, D, and E Aircraft	SA-10
LA-1301080R10	Special Matters – 787-9 Blocks B, C, D, E and F Aircraft	SA-17
LA-1301081R1	Special Matters – 787-10 Block A Aircraft	SA-10
LA-1301082R2	[*]	SA-7
	Promotional Support – 787-10 Aircraft	SA-2
LA-1301083	[*]	SA-2
LA-1301084	[*]	SA-10
LA-1302043R1	[*]
LA-1302348R1	[*]	SA-2
LA-1601083	Special Matters Relating to In-Seat IFE [*]	SA-7
LA-1605597	[*]	SA-9
LA-1805142	[*]	SA-10
LA-1805362	Model 787 Post-Delivery Software and Data Loading	SA-10
LA-1901662	Installation of Cabin Systems Equipment	SA-13
LA-2104365	[*]	SA-17



PA 3659						SA-17


	Table 1C To	Enclosure 2
Purchase Agreement No. PA-03659 787-10 Block A Aircraft Delivery, Description, Price and Advance Payments General Electric Engines

Airframe Model/MTOW:

787-10

553000 pounds

Detail Specification:

787B1-3806-E (5/10/2013)

Engine Model/Thrust:

GENX-1B74/75

74100 pounds

Airframe Price Base Year/Escalation Formula:

[*]

Airframe Price:

[*]

Engine Price Base Year/Escalation Formula:

[*]

Optional Features:

[*]

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 (CPI):

[*]

Buyer Furnished Equipment (BFE) Estimate:

[*]

Engine Escalation Data:

In-Flight Entertainment (IFE) Estimate:

[*]

Base Year Index (ECI):

[*]

Base Year Index (CPI):

[*]

Refundable Deposit/Aircraft at Proposal Accept:

[*]

Manufacturer's

Optional

P.A.

Escalation

Escalation Estimate

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Serial

Lessee

Features

Exhibit

Engine

Factor

Adv Payment Base

[*]

Date

Aircraft

Number

Price

Selection

Price

(Airframe)

(Engine)

Price Per A/P

[*]

[*]-2019*

[*]

[*]-2025

[*]

Total:

[*]

Note: Serial numbers are provided as guidance only and are subject to change.


		SA-17
HAZ-PA-03659 63946-1F.TXT	Boeing Proprietary	Page 1


	Table 1F To	Enclosure 3
787-9 Block E Aircraft Delivery, Description, Price and Advance Payments Rolls-Royce Engines

Airframe Model/MTOW:

787-9

560,000 pounds

Detail Specification:

787B1-4102-V (11/10/2017)

Engine Model/Thrust:

TRENT1000-J

74,100 pounds

Airframe Price Base Year/Escalation Formula:

[*]

Airframe Price:

[*]

Engine Price Base Year/Escalation Formula1:

[*]

Optional Features:

[*]

Sub-Total of Airframe and Features:

[*]

Airframe Escalation Data:

Engine Price (Per Aircraft)1:

[*]

Base Year Index (ECI):

[*]

Aircraft Basic Price (Excluding BFE/SPE):

[*]

Base Year Index (CPI):

[*]

Buyer Furnished Equipment (BFE) Estimate:

[*]

Engine Escalation Data:

In-Flight Entertainment (IFE) Estimate:

[*]

Base Year Index (ECI):

[*]

Deposit per Aircraft:

[*]

Base Year Index (CPI):

[*]

Escalation

Manufacturer

P.A.

Escalation Estimate

Engine

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Factor

Serial

Lessee

Adv Payment Base

Thrust

Price2

Baseyear3

[*]

Date

Aircraft

(Airframe)

(Engine)

Number

Price Per A/P

Selection

[*]

[*]-2020

[*]

[*]-2025

[*]

Total:

[*]

Note: Serial numbers are provided as guidance only and are subject to change.


		SA-17
HAZ-PA-03659 110418-1F.txt	Boeing Proprietary	Page 1


	Table 1F To	Enclosure 4
Purchase Agreement No. PA-03659 787-9 Block E Aircraft Delivery, Description, Price and Advance Payments General Electric Engines

Airframe Model/MTOW:

787-9

560,000 pounds

Detail Specification:

787B1-4102-V (11/10/2017)

Engine Model/Thrust:

GENX-1B74/75

74,100 pounds

Airframe Price Base Year/Escalation Formula:

[*]

Airframe Price:

[*]

Engine Price Base Year/Escalation Formula1:

[*]

Optional Features:

[*]

Sub-Total of Airframe and Features:

[*]

Airframe Escalation Data:

Engine Price (Per Aircraft)1:

[*]

Base Year Index (ECI):

[*]

Aircraft Basic Price (Excluding BFE/SPE):

[*]

Base Year Index (CPI):

[*]

Buyer Furnished Equipment (BFE) Estimate:

[*]

Engine Escalation Data:

In-Flight Entertainment (IFE) Estimate:

[*]

Base Year Index (ECI):

[*]

Deposit per Aircraft:

[*]

Base Year Index (CPI):

[*]

Escalation

Manufacturer

P.A.

Escalation Estimate

Engine

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Factor

Serial

Lessee

Adv Payment Base

Thrust

Price2

Baseyear3

[*]

Date

Aircraft

(Airframe)

(Engine)

Number

Price Per A/P

Selection

[*]

[*]-2020

[*]

[*]-2025

[*]

Total:

[*]

Note: Serial numbers are provided as guidance only and are subject to change.


		SA-17
HAZ-PA-03659 110415-1F.txt	Boeing Proprietary	Page 1


	Table 1G To	Enclosure 5
Purchase Agreement No. PA-03659 787-9 Block F Aircraft Delivery, Description, Price and Advance Payments

Airframe Model/MTOW:

787-9

545,000 pounds

Detail Specification:

787B1-4102-X (10/7/2019)

Engine Model/Thrust:

GENX-1B76A

76,00 pounds

Airframe Price Base Year/Escalation Formula:

[*]

Airframe Price:

[*]

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:

[*]

Seller Purchased Equipment (SPE) Estimate:

[*]

Escalation

P.A.

Escalation Estimate

Engine

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Factor

MSN

Lessee

Adv Payment Base

Thrust

Price

Baseyear

[*]

Date

Aircraft

(Airframe)

(Engine)

Price Per A/P

Selection

[*]

[*]-20024-[*]

[*]

[*]-[*]-2024

[*]

Total:

Note: MSN's are provided as guidance only and are subject to change.

[*]


		SA-17
HAZ-PA-03659	Boeing Proprietary	Page 1

Enclosure 6

HAZ/[*] 787-9 AIRCRAFT CONFIGURATION

between

THE BOEING COMPANY

and

Air Lease Corporation

Exhibit A8

to Purchase Agreement Number PA-03659


HAZ-PA-03659-EXA8		Page 1
	BOEING PROPRIETARY	SA-17

Enclosure 6

Exhibit A8

AIRCRAFT CONFIGURATION

Dated June 18 , 2023

relating to

BOEING MODEL 787-9 AIRCRAFT

The Detail Specification is Boeing document number [*]. The Detail Specification provides further description of the configuration set forth in this Exhibit A8. Such Detail Specification will be comprised of Boeing configuration specification [*]. As soon as practicable, Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect [*].


HAZ-PA-03659-EXA8		Page 2
	BOEING PROPRIETARY	SA-17


			BOEING PROPRIETARY Exhibit A8 To Boeing Purchase Agreement


[*]


PA 3659 Exhibit A8 HAZ/[] 787-9 []			Boeing Proprietary			SA-17


			Attachment A to Letter Agreement Number: HAZ-PA-03659-LA-2104365 MSN [*]


[*]


PA-03659			Boeing Proprietary			SA-17


			Attachment B to Letter Agreement Number: HAZ-PA-03659-LA-2104365 MSN [*]


[*]


PA-03659			Boeing Proprietary			SA-17


			Enclosure 7
			The Boeing Company P.O. Box 3707 Seattle, WA 98124-2207

HAZ-PA-03659-LA-1104720R13

Air Lease Corporation

2000 Avenue of the Stars, Suite 1000N

Los Angeles, CA 90067

Subject: Advance Payment Matters

Reference: Purchase Agreement No. PA-03659 (Purchase Agreement) between The Boeing Company (Boeing) and Air Lease Corporation (Customer) relating to Model 787-9 and 787-10 aircraft (collectively, the Aircraft)

This letter agreement (Letter Agreement) cancels and supersedes letter agreement HAZ-PA-03659-LA-1104720R12 and 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.

The Purchase Agreement incorporates the terms and conditions of HAZ-AGTA (AGTA) between Boeing and Customer. This Letter Agreement modifies certain terms and conditions of the AGTA with respect to the Aircraft.

1.Alternative Fixed Advance Payment Schedule.

1.1Notwithstanding the Aircraft advance payment schedule provided in Table 1 of the Purchase Agreement Customer may elect to pay an alternative fixed advance payment schedule for the respective Aircraft, as set forth in the table below (Alternative Fixed Advance Payment Schedule).

1.2Alternative Fixed Advance Payment Schedule – 787-9 Block A Aircraft.

[*]

1.3Alternative Fixed Advance Payment Schedule – 787-9 Block B Aircraft.

[*]

1.4Alternative Fixed Advance Payment Schedule – 787-9 Block C, 787-9 Block D Aircraft and 787-9 Block E Aircraft.

[*]

1.5Alternative Fixed Advance Payment Schedule – 787-10 Block A Aircraft.

[*]


HAZ-PA-03659-LA-1104720R13		SA-17
Advance Payment Matters		LA Page 1
	BOEING PROPRIETARY


			Enclosure 7

1.6[*]

1.7Alternative Fixed Advance Payment Schedule – 787-9 Block F Aircraft.

[*]

2.[*]

3.[*]

4.[*]

5.Confidentiality.

Customer understands and agrees that the information contained herein represents confidential business information of Boeing and has value precisely because it is not available generally or to other parties. Customer agrees to limit the disclosure of its contents to (a) its directors and officers, (b) employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this paragraph 5), without the prior written consent of Boeing and (c) any auditors, financial advisors, attorneys and independent contractors of Customer who have a need to know such information and have signed a confidentiality agreement in the same form and substance similar to this paragraph 5. Customer shall be fully responsible to Boeing for compliance with such obligations.

6.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’s taking title to the Aircraft at the time of delivery and leasing the Aircraft and cannot be assigned in whole or, in part.

If the foregoing correctly sets forth your understanding of our agreement with respect to the matters treated above, please indicate your acceptance and approval below.


HAZ-PA-03659-LA-1104720R13		SA-17
Advance Payment Matters		LA Page 2
	BOEING PROPRIETARY


			Enclosure 7

Very truly yours,


THE BOEING COMPANY
By	/s/ Craig Simmons

Its	Attorney-In-Fact

ACCEPTED AND AGREED TO this

Date:		June 18, 2023

AIR LEASE CORPORATION

By	/s/ Grant Levy

Its	Executive Vice President


HAZ-PA-03659-LA-1104720R13		SA-17
Advance Payment Matters		LA Page 3
	BOEING PROPRIETARY


			Enclosure 8
			The Boeing Company P.O. Box 3707 Seattle, WA 98124-2207

HAZ-PA-03659-LA-1301080R10

Air Lease Corporation

2000 Avenue of the Stars, Suite 1000N

Los Angeles, California 90067

Subject: [*]

This letter agreement (Letter Agreement) cancels and supersedes letter agreement HAZ-PA-03659-LA-1301080R9 and 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. This Letter Agreement applies only to [*].

1.Credit Memoranda.

1.1Basic Credit Memorandum. At the time of delivery of each 787-9 Aircraft, Boeing will issue to Customer a Basic Credit Memorandum in the following amount:


Applicable Aircraft	Amount (U.S. Dollars)	Base Year
787-9 Block B Aircraft	[*]	[*]
787-9 Block C Aircraft	[*]	[*]
787-9 Block D Aircraft	[*]	[*]
787-9 Block E Aircraft	[*]	[*]

1.2Leasing Credit Memorandum. Customer expressly intends to lease the Aircraft to a third party or parties (Lessee or Lessees) who is/are in the commercial airline business as aircraft operator(s). As an incentive for and in consideration of Customer entering into a lease for the 787-9 Aircraft prior to delivery of the 787-9 Aircraft to be leased, in accordance with the requirements set forth in the Purchase Agreement, Boeing will issue to Customer a Leasing Credit Memorandum, which under no circumstances may be assigned, in the following amount: [*]

1.3[*]

1.4[*]

1.5[*]

1.6[*]

1.7[*]

1.8[*]

1.9[*]

1.10[*]

1.11[*]


HAZ-PA-03659-LA-1301080R10		SA-17
Special Matters – 787-9 Blocks B, C, D, E, and F Aircraft		LA Page 1
	BOEING PROPRIETARY


			Enclosure 8

1.12[*]

1.13[*]

1.14[*]

1.15[*]

1.16[*]

1.17[*]

1.18[*]

1.19[*]

1.20[*]

2.Escalation of Credit Memoranda.

Unless otherwise noted, the amounts of the Credit Memoranda stated in [*] and will be escalated to the scheduled month of the respective 787-9 Block B, C, D, and E Aircraft delivery pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Aircraft. The Credit Memoranda are stated in U.S. Dollars and 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).

3.[*]

4.[*]

5.[*]

6.[*]

7.[*]

8.[*]

9.[*]

10.[*]

11.Confidentiality.

Customer understands and agrees that the information contained herein represents confidential business information of Boeing and has value precisely because it is not available generally or to other parties. Customer agrees to limit the disclosure of its contents to (a) its directors and officers, (b) employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this paragraph 11), without the prior written consent of Boeing and (c) any auditors, financial advisors, attorneys and independent contractors of Customer who have a need to know such information and have signed a


HAZ-PA-03659-LA-1301080R10		SA-17
Special Matters – 787-9 Blocks B, C, D, E, and F Aircraft		LA Page 2
	BOEING PROPRIETARY


			Enclosure 8

confidentiality agreement in the same form and substance similar to this paragraph 11. Customer shall be fully responsible to Boeing for compliance with such obligations.

Very truly yours,


THE BOEING COMPANY
By	/s/ Craig Simmons

Its	Attorney-In-Fact

ACCEPTED AND AGREED TO this

Date:		June 18, 2023

AIR LEASE CORPORATION

By	/s/ Grant Levy

Its	Executive Vice President


HAZ-PA-03659-LA-1301080R10		SA-17
Special Matters – 787-9 Blocks B, C, D, E, and F Aircraft		LA Page 3
	BOEING PROPRIETARY


			Enclosure 9
			The Boeing Company P.O. Box 3707 Seattle, WA 98124-2207

HAZ-PA-03659-LA-2104365

Air Lease Corporation

2000 Avenue of the Stars, Suite 1000N

Los Angeles, CA 90067

Subject: Seller Purchased Equipment – 787-9 Block F Aircraft

Reference: Purchase Agreement No. PA-03659 (Purchase Agreement) between The Boeing Company (Boeing) and Air Lease Corporation (Customer) relating to Model 787-9 aircraft (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.

The 787-9 Block F Aircraft, as defined in Table 1G to the Purchase Agreement, [*].

1.[*]

2.[*]

3.[*]

4.[*]

5.[*]

ACCEPTED AND AGREED TO this

Date:

June 18, 2023

AIR LEASE CORPORATION

THE BOEING COMPANY

By:

/s/ Grant Levy

By:

/s/ Craig Simmons

Name:

Grant Levy

Name:

Craig Simmons

Title:

Executive Vice President

Title:

Attorney-In-Fact


						SA-17 Page 1
			BOEING PROPRIETARY