American Airlines Group 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 Group Inc.ex32.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - American Airlines Group Inc.ex31-2.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - American Airlines Group Inc.ex31-1.htm
10-Q - AMR CORPORATION - American Airlines Group Inc.ar0930-10q.htm
Exhibit 12
AMR CORPORATION
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
   $ (359 )   $ 31     $ (1,124 )   $ (1,771 )
                                 
Add:  Total fixed charges (per below)
     424       436       1,222       1,269  
                                 
Less:  Interest capitalized
     11       10       32       23  
Total earnings (loss) before income taxes
  $ 54     $ 457     $ 66     $ (525 )
                                 
Fixed charges:
                                
Interest
   $ 170     $ 176     $ 493     $ 528  
                                 
Portion of rental expense representative of the interest factor
     219       220       650       639  
                                 
Amortization of debt expense
     35       40       79       102  
Total fixed charges
   $ 424     $ 436     $ 1,222     $ 1,269  
                                 
Ratio of earnings to fixed charges
     -       1.05       -       -  
                                 
Coverage deficiency
   $ 370     $ -     $ 1,156     $ 1,794  

American Airlines Group Inc. Reports