EX-12 11 ex12.htm RATIO OF EARNINGS TO 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,
  
   
2009
    
2008
    
2009
    
2008
  
                         
Earnings (loss):
                        
Earnings (loss) before income taxes
   $ (390 )   $ (1,461 )   $ (765 )   $ (1,802 )
                                 
Add:  Total fixed charges (per below)
     390       410       798       833  
                                 
Less:  Interest capitalized
     10       8       20       13  
Total earnings (loss) before income taxes
   $ (10 )     (1,059 )     13       (982 )
                                 
Fixed charges:
                                
Interest
   $ 154     $ 172     $ 323     $ 352  
                                 
Portion of rental expense representative of the interest factor
      218        206        431        419  
                                 
Amortization of debt expense
     18       32       44       62  
Total fixed charges
   $ 390     $ 410     $ 798     $ 833  
                                 
Ratio of earnings to fixed charges
     -       -       -       -  
                                 
Coverage deficiency
   $ 400     $ 1,469     $ 785     $ 1,815