EX-12.1 3 ex12110qq118.htm EXHIBIT 12.1 Exhibit


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

 
 
Three Months Ended
March 31, 2018
Income before income taxes
 
$
273

Add: Total fixed charges (per below)
 
518

Less: Interest capitalized
 
17

Total earnings before income taxes
 
$
774

Fixed charges:
 
 
Interest
 
$
282

Portion of rental expense representative of the interest factor
 
236

Total fixed charges
 
$
518

Ratio of earnings to fixed charges
 
1.5