AMERICAN AIRLINES INC - FORM 10-Q - EX-12 - RATIO OF EARNINGS TO FIXED CHARGES - October 21, 2009

Attached files

file filename
EX-32 - CERTIFICATION PURSUANT TO RULE 13A-14(B) - AMERICAN AIRLINES INCex32.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - AMERICAN AIRLINES INCex31-2.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - AMERICAN AIRLINES INCex31-1.htm
10-Q - AMERICAN AIRLINES, INC. - AMERICAN AIRLINES INCaa0930-10q.htm

Exhibit 12
AMERICAN AIRLINES, INC.
Computation of Ratio of Earnings to Fixed Charges
 (in millions)
 
   
Three Months Ended September 30,
    
Nine Months Ended
September 30,
  
   
2009
    
2008
    
2009
    
2008
  
                             
Earnings (Loss):
                        
Earnings (Loss) before income taxes
  $ (377 )   $ (396 )   $ (1,131 )   $ (2,203 )
                             
Add:  Total fixed charges (per below)
     385       373       1,097       1,094  
                             
Less:  Interest capitalized
     11       10       32       23  
Total earnings (loss) before income taxes
  $ (3 )   $ (33 )   $ (66 )   $ (1,132 )
                             
Fixed charges:
                            
Interest
   $ 148     $ 155     $ 428     $ 467  
                             
Portion of rental expense representative of the interest factor
     215       212       637       614  
                             
Amortization of debt expense
     22       6       32       13  
Total fixed charges
   $ 385     $ 373     $ 1,097     $ 1,094  
                             
Ratio of earnings to fixed charges
     -       -       -       -  
 
Coverage deficiency
      388        406        1,163        2,226  


Note:As of September 30, 2009, American has guaranteed approximately $887 million of AMR’s unsecured debt and approximately $262 million of AMR Eagle’s secured debt.  The impact of these unconditional guarantees is not included in the above computation.
 

AMERICAN AIRLINES INC Reports