EX-12.1 5 exhibit121q32017.htm EXHIBIT 12.1 Exhibit


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

 
 
Nine Months Ended
September 30, 2017
Income before income taxes
 
$
2,659

Add: Total fixed charges (per below)
 
1,574

Less: Interest capitalized
 
(35
)
Total earnings before income taxes
 
$
4,198

Fixed charges:
 
 
Interest
 
$
822

Portion of rental expense representative of the interest factor
 
752

Total fixed charges
 
$
1,574

Ratio of earnings to fixed charges
 
2.7