Attached files

file filename
EX-32.2 - EX-32.2 - American Airlines Group Inc.d286458dex322.htm
EX-32.1 - EX-32.1 - American Airlines Group Inc.d286458dex321.htm
EX-31.4 - EX-31.4 - American Airlines Group Inc.d286458dex314.htm
EX-31.3 - EX-31.3 - American Airlines Group Inc.d286458dex313.htm
EX-31.2 - EX-31.2 - American Airlines Group Inc.d286458dex312.htm
EX-31.1 - EX-31.1 - American Airlines Group Inc.d286458dex311.htm
EX-23.1 - EX-23.1 - American Airlines Group Inc.d286458dex231.htm
EX-21 - EX-21 - American Airlines Group Inc.d286458dex21.htm
EX-12.1 - EX-12.1 - American Airlines Group Inc.d286458dex121.htm
EX-10.81 - EX-10.81 - American Airlines Group Inc.d286458dex1081.htm
EX-10.33 - EX-10.33 - American Airlines Group Inc.d286458dex1033.htm
EX-10.1 - EX-10.1 - American Airlines Group Inc.d286458dex101.htm
10-K - FORM 10-K - American Airlines Group Inc.d286458d10k.htm

Exhibit 12.2

American Airlines, Inc.

Computation of Ratio of Earnings to Fixed Charges

(In millions)

 

     Year Ended December 31,  
     2016      2015      2014      2013     2012  

Income (loss) before income taxes

   $ 4,443       $ 4,668       $ 3,268       $ (2,071   $ (2,495

Add: Total fixed charges (per below)

     1,857         1,745         1,891         1,810        1,588   

Less: Interest capitalized

     45         52         61         47        50   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Total earnings (loss) before income taxes

   $ 6,255       $ 6,361       $ 5,098       $ (308   $ (957
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Fixed charges:

  

Interest (1)

   $ 951       $ 848       $ 908       $ 774      $ 695   

Portion of rental expense representative of the interest factor

     906         897         983         1,036        893   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Total fixed charges

   $ 1,857       $ 1,745       $ 1,891       $ 1,810      $ 1,588   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Ratio of earnings to fixed charges

     3.4         3.6         2.7         —          —     
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Coverage deficiency

   $ —         $ —         $ —         $ 2,118      $ 2,545   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

 

(1) 

The twelve months ended December 31, 2014 includes non-cash interest accretion related to Bankruptcy Settlement Obligations.