EX-12.1 5 ex12110qq218.htm EXHIBIT 12.1 Q2'18 07.26.18 Exhibit


Exhibit 12.1
American Airlines Group Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions)

 
 
Six Months Ended
June 30, 2018
Income before income taxes
 
$
1,042

Add: Total fixed charges (per below)
 
1,042

Less: Interest capitalized
 
36

Total earnings before income taxes
 
$
2,048

Fixed charges:
 
 
Interest
 
$
566

Portion of rental expense representative of the interest factor
 
476

Total fixed charges
 
$
1,042

Ratio of earnings to fixed charges
 
2.0