Attached files
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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 | |||||||||||||||
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Total earnings (loss) before income taxes |
$ | 6,255 | $ | 6,361 | $ | 5,098 | $ | (308 | ) | $ | (957 | ) | ||||||||
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Fixed charges: |
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Interest (1) |
$ | 951 | $ | 848 | $ | 908 | $ | 774 | $ | 695 | ||||||||||
Portion of rental expense representative of the interest factor |
906 | 897 | 983 | 1,036 | 893 | |||||||||||||||
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Total fixed charges |
$ | 1,857 | $ | 1,745 | $ | 1,891 | $ | 1,810 | $ | 1,588 | ||||||||||
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Ratio of earnings to fixed charges |
3.4 | 3.6 | 2.7 | | | |||||||||||||||
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Coverage deficiency |
$ | | $ | | $ | | $ | 2,118 | $ | 2,545 | ||||||||||
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(1) | The twelve months ended December 31, 2014 includes non-cash interest accretion related to Bankruptcy Settlement Obligations. |