EX-12 2 exhibit12.htm FIXED CHARGES exhibit12.htm

Exhibit 12
AMERICAN AIRLINES, INC.
Computation of Ratio of Earnings to Fixed Charges
 (in millions)

   
Three Months Ended March 31,
  
   
2008
    
2007
  
             
Earnings (loss):
            
Earnings (loss) before income taxes
   $ (344 )   $ 51  
                 
Add:  Total fixed charges (per below)
     370       434  
                 
Less:  Interest capitalized
     5       9  
Total earnings (loss) before income taxes
   $ 21     $ 476  
                 
Fixed charges:
                
Interest
   $ 163     $ 207  
                 
Portion of rental expense representative of the interest factor
     205       224  
                 
Amortization of debt expense
     2       3  
Total fixed charges
   $ 370     $ 434  
                 
Ratio of earnings to fixed charges
     0.06       1.10  
                 
Coverage deficiency
   $ 349     $ -  

 
Note:As of March 31, 2008 American has guaranteed approximately $1.1 billion of AMR’s unsecured debt
 
and approximately $327 million of AMR Eagle’s secured debt.  The impact of these unconditional guarantees is not included in the above computation