EX-12.1 7 d416225dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

American Airlines Group Inc.

Computation of Ratio of Earnings to Fixed Charges

(In millions)

 

     Six Months Ended
June 30, 2017

Income before income taxes

      $ 1,656

Add: Total fixed charges (per below)

        1,038

Less: Interest capitalized

        (24 )
    

 

 

  

Total earnings before income taxes

      $ 2,670
    

 

 

  

Fixed charges:

     

Interest

      $ 544

Portion of rental expense representative of the interest factor

        494
    

 

 

  

Total fixed charges

      $     1,038
    

 

 

  

Ratio of earnings to fixed charges

        2.6