EX-12.1 5 d204187dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

American Airlines Group Inc.

Computation of Ratio of Earnings to Fixed Charges

(In millions)

 

     Six Months Ended
June 30,
 
     2016  

Income before income taxes

   $ 2,610   

Add: Total fixed charges (per below)

     968   

Less: Interest capitalized

     23   
  

 

 

 

Total earnings before income taxes

     3,555   
  

 

 

 

Fixed charges:

  

Interest

     510   

Portion of rental expense representative of the interest factor

     458   
  

 

 

 

Total fixed charges

   $ 968   
  

 

 

 

Ratio of earnings to fixed charges

     3.7