EX-12 7 ex12.htm FIXED CHARGES ex12.htm

Exhibit 12
AMR CORPORATION
Computation of Ratio of Earnings to Fixed Charges
 (in millions)


   
Three Months Ended June 30,
    
Six Months Ended
June 30,
  
   
2008
    
2007
    
2008
    
2007
  
                         
Earnings (loss):
                        
Earnings (loss) before income taxes
   $ (1,448 )   $ 317     $ (1,776 )   $ 398  
                                 
Add:  Total fixed charges (per below)
     397       459       806       938  
                                 
Less:  Interest capitalized
     8       5       13       14  
Total earnings (loss) before income taxes
   $ (1,059 )   $ 771     $ (983 )   $ 1,322  
                                 
Fixed charges:
                                
Interest
   $ 172     $ 220     $ 352     $ 447  
                                 
Portion of rental expense representative of the interest factor
     206       221       419       454  
                                 
Amortization of debt expense
     19       18       35       37  
Total fixed charges
   $ 397     $ 459     $ 806     $ 938  
                                 
Ratio of earnings to fixed charges
     -       1.68       -       1.41  
                                 
Coverage deficiency
   $ 1,456     $ -     $ 1,789     $ -