United Airlines Holdings, Inc. - FORM 10-Q - EX-12.1 - UNITED CONTINENTAL HOLDINGS COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - October 21, 2010

Attached files

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EX-31.2 - CERTIFICATION OF THE PRINCIPAL FINANCIAL OFFICER OF UAL - United Airlines Holdings, Inc.dex312.htm
EX-32.2 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER & CHIEF FINANCIAL OFFICER OF UNITED - United Airlines Holdings, Inc.dex322.htm
EX-10.2 - AMENDMENT NO. 1 TO THE UAL CORPORATION SUCCESS SHARING PROGRAM - PROFIT SHARING - United Airlines Holdings, Inc.dex102.htm
EX-31.4 - CERTIFICATION OF THE PRINCIPAL FINANCIAL OFFICER OF UNITED - United Airlines Holdings, Inc.dex314.htm
EX-31.1 - CERTIFICATION OF THE PRINCIPAL EXECUTIVE OFFICER OF UAL - United Airlines Holdings, Inc.dex311.htm
EX-12.2 - UNITED AIR LINES, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - United Airlines Holdings, Inc.dex122.htm
EX-32.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER OF UAL - United Airlines Holdings, Inc.dex321.htm
EX-31.3 - CERTIFICATION OF THE PRINCIPAL EXECUTIVE OFFICER OF UNITED - United Airlines Holdings, Inc.dex313.htm
EXCEL - IDEA: XBRL DOCUMENT - United Airlines Holdings, Inc.Financial_Report.xls
10-Q - FORM 10-Q - United Airlines Holdings, Inc.d10q.htm
EX-10.1 - AMENDMENT NO. 1 TO THE UAL CORPORATION 2006 MANAGEMENT EQUITY INCENTIVE PLAN. - United Airlines Holdings, Inc.dex101.htm

 

Exhibit 12.1

United Continental Holdings, Inc. and Subsidiary Companies

Computation of Ratio of Earnings to Fixed Charges

 

     Nine Months Ended
September 30,		  

(In millions)

    2010     2009  

Earnings (loss):

     

Earnings (loss) before income taxes & adjustments for minority interest and equity earnings in affiliates

    $ 576      $ (459 ) 

Add (deduct):

     

Fixed charges, from below

      713        667   

Amortization of capitalized interest

      3        2   

Distributed earnings of affiliates

      2        2   

Minority interest

      (2 )      (1 ) 

Interest capitalized

      (7 )      (8 ) 
                

Earnings as adjusted

    $ 1,285      $ 203   
                

Fixed charges:

     

Interest expensed and capitalized and amortization of debt discounts and issuance costs (a)

    $ 520      $ 415   

Portion of rental expense representative of the interest factor

      193        252   
                

Fixed charges, as above

    $ 713      $ 667   
                

Ratio of earnings to fixed charges

      1.80        (b ) 
                

 

(a) Amortization of debt discounts includes amortization of fresh-start valuation discounts.
(b) Earnings were inadequate to cover fixed charges by $464 million for the nine months ended September 30, 2009.

United Airlines Holdings, Inc. Reports

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