EX-12.1 9 d358913dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

American Airlines Group Inc.

Computation of Ratio of Earnings to Fixed Charges

(In millions)

 

     Three Months Ended
March 31, 2017
 

Income before income taxes

   $ 365  

Add: Total fixed charges (per below)

     515  

Less: Interest capitalized

     12  
  

 

 

 

Total earnings before income taxes

   $ 868  
  

 

 

 

Fixed charges:

  

Interest

   $ 269  

Portion of rental expense representative of the interest factor

     246  
  

 

 

 

Total fixed charges

   $ 515  
  

 

 

 

Ratio of earnings to fixed charges

     1.7