EX-12 2 ex12.htm 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 March 31,
  
   
2010
    
2009
  
             
Loss:
            
Loss before income taxes
  $ (489 )   $ (366 )
                 
Add:  Total fixed charges (per below)
     397       361  
                 
Less:  Interest capitalized
     9       10  
Total earnings (loss) before income taxes
  $ (101 )   $ (15 )
                 
Fixed charges:
                
Interest
   $ 168     $ 148  
                 
Portion of rental expense representative of the interest factor
     222       208  
                 
Amortization of debt expense
     7       5  
Total fixed charges
   $ 397     $ 361  
                 
Ratio of earnings to fixed charges
     -       -  
                 
Coverage deficiency
   $ 498     $ 376  

Note:  As of March 31, 2010 American has guaranteed approximately $887 million of AMR’s unsecured debt and approximately $239 million of AMR Eagle’s secured debt.  The impact of these unconditional guarantees is not included in the above computation