Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - HAWAIIAN HOLDINGS INC | a11-9352_1ex32d2.htm |
| EX-32.1 - EX-32.1 - HAWAIIAN HOLDINGS INC | a11-9352_1ex32d1.htm |
| EX-31.1 - EX-31.1 - HAWAIIAN HOLDINGS INC | a11-9352_1ex31d1.htm |
| EX-31.2 - EX-31.2 - HAWAIIAN HOLDINGS INC | a11-9352_1ex31d2.htm |
| EX-10.12 - EX-10.12 - HAWAIIAN HOLDINGS INC | a11-9352_1ex10d12.htm |
| EX-10.11 - EX-10.11 - HAWAIIAN HOLDINGS INC | a11-9352_1ex10d11.htm |
| EX-10.10 - EX-10.10 - HAWAIIAN HOLDINGS INC | a11-9352_1ex10d10.htm |
| 10-Q - 10-Q - HAWAIIAN HOLDINGS INC | a11-9352_110q.htm |
Exhibit 12
Hawaiian Holdings, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands)
|
|
|
Three Months Ended March 31, 2011 |
| ||||
|
|
|
2011 |
|
2010 |
| ||
|
|
|
(in thousands, except for ratio) |
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|
Earnings |
|
|
|
|
| ||
|
Income before income taxes |
|
$ |
1,486 |
|
$ |
369 |
|
|
|
|
|
|
|
| ||
|
Additions: |
|
|
|
|
| ||
|
Total fixed charges (see below) |
|
18,582 |
|
15,952 |
| ||
|
|
|
|
|
|
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|
Subtractions: |
|
|
|
|
| ||
|
Interest capitalized |
|
1,216 |
|
57 |
| ||
|
|
|
|
|
|
| ||
|
Earnings as adjusted |
|
$ |
18,852 |
|
$ |
16,264 |
|
|
|
|
|
|
|
| ||
|
Fixed Charges: |
|
|
|
|
| ||
|
Interest on indebtedness, expensed or capitalized |
|
$ |
2,884 |
|
$ |
4,708 |
|
|
Amortization of debt expense and accretion of convertible debt |
|
310 |
|
295 |
| ||
|
Portion of rental expense representative of the interest factor |
|
15,388 |
|
10,949 |
| ||
|
|
|
|
|
|
| ||
|
Total fixed charges |
|
$ |
18,582 |
|
$ |
15,952 |
|
|
|
|
|
|
|
| ||
|
Ratio of earnings to fixed charges |
|
1.01 |
|
1.02 |
| ||
|
|
|
|
|
|
| ||
|
Coverage deficiency |
|
$ |
— |
|
$ |
— |
|