EX-12 3 ex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES ex12.htm
Exhibit 12
AMERICAN AIRLINES, INC.
Computation of Ratio of Earnings to Fixed Charges
 (in millions)

   
Three Months Ended September 30,
    
Nine Months Ended
September 30,
  
   
2007
    
2006
    
2007
    
2006
  
                         
Earnings (loss):
                        
Earnings (loss) before income taxes
   $
146
     $
1
     $
469
     $
175
  
                                 
Add:  Total fixed charges (per below)
    
421
      
432
      
1,274
      
1,276
  
                                 
Less:  Interest capitalized
    
2
      
7
      
17
      
21
  
Total earnings (loss) before income taxes
   $
565
     $
426
     $
1,726
     $
1,430
  
                                 
Fixed charges:
                                
Interest, including interest capitalized
   $
199
     $
217
     $
610
     $
635
  
                                 
Portion of rental expense representative of the interest factor
    
219
      
212
      
655
      
630
  
                                 
Amortization of debt expense
    
3
      
3
      
9
      
11
  
Total fixed charges
   $
421
     $
432
     $
1,274
     $
1,276
  
                                 
Ratio of earnings to fixed charges
    
1.34
      
-
      
1.35
      
1.12
  
                                 
Coverage deficiency
   $
-
     $
6
     $
-
     $
-
  


Note:
As of September 30, 2007, American has guaranteed approximately $1.1 billion of AMR’s unsecured debt and approximately $347 million of AMR Eagle’s secured debt.  The impact of these unconditional guarantees is not included in the above computation.