EX-12 4 amr-ex12x2012630.htm AMR- EX 12-2012.6.30


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


 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2012
 
2011
 
2012
 
2011
Loss:
 
 
 
 
 
 
 
Loss before income taxes
$
(241
)
 
$
(286
)
 
$
(1,900
)
 
$
(722
)
Add: Total fixed charges (per below)
390

 
478

 
803

 
942

Less: Interest capitalized
12

 
10

 
24

 
17

Total earnings (loss) before income taxes
$
137

 
$
182

 
$
(1,121
)
 
$
203

Fixed charges:
 
 
 
 
 
 
 
Interest
$
154

 
$
204

 
$
321

 
$
392

Portion of rental expense representative of the interest factor
221

 
257

 
451

 
515

Amortization of debt expense
15

 
17

 
31

 
35

Total fixed charges
$
390

 
$
478

 
$
803

 
$
942

Ratio of earnings to fixed charges
—

 
—

 
—

 
—

Coverage deficiency
$
253

 
296

 
$
1,924

 
$
739