Attached files
file | filename |
---|---|
10-Q - 09/30/09 FORM 10-Q - UNITED AIRLINES, INC. | f093009form10q.htm |
EX-10.4 - EXHIBIT 10.4 - UNITED AIRLINES, INC. | fexhibit104.htm |
EX-31.1 - EXHIBIT 31.1 - UNITED AIRLINES, INC. | fexhibit311.htm |
EX-10.1 - EXHIBIT 10.1 - UNITED AIRLINES, INC. | fexhibit101.htm |
EX-31.2 - EXHIBIT 31.2 - UNITED AIRLINES, INC. | fexhibit312.htm |
EX-10.3 - EXHIBIT 10.3 - UNITED AIRLINES, INC. | fexhibit103.htm |
EX-10.5 - EXHIBIT 10.5 - UNITED AIRLINES, INC. | fexhibit105.htm |
EX-32.1 - EXHIBIT 32.1 - UNITED AIRLINES, INC. | fexhibit321.htm |
EX-10.2 - EXHIBIT 10.2 - UNITED AIRLINES, INC. | fexhibit102.htm |
Exhibit
12.1
CONTINENTAL
AIRLINES, INC.
COMPUTATION
OF RATIO OF EARNINGS TO FIXED CHARGES
(IN
MILLIONS)
Nine
Months
|
Years Ended December
31,
|
||||||
Ended
|
|||||||
September
30,
|
|||||||
2009
|
2008
|
2007
|
2006
|
2005
|
2004
|
||
Earnings:
|
|||||||
Earnings
(Loss) Before Income Taxes and Minority Interest
|
(367)
|
(695)
|
556
|
361
|
(75)
|
(455)
|
|
Less:
|
|||||||
Undistributed
Earnings (Losses) of Equity Investees
|
-
|
9
|
18
|
36
|
62
|
66
|
|
Plus:
|
|||||||
Interest
Expense
|
274
|
376
|
393
|
409
|
417
|
395
|
|
Capitalized
Interest
|
(25)
|
(33)
|
(27)
|
(18)
|
(12)
|
(14)
|
|
Amortization
of Capitalized Interest
|
27
|
35
|
36
|
40
|
40
|
39
|
|
Portion
of Rent Expense Representative of Interest Expense
|
691
|
934
|
917
|
969
|
906
|
856
|
|
600
|
608
|
1,857
|
1,725
|
1,214
|
755
|
||
Fixed
Charges:
|
|||||||
Interest
Expense
|
274
|
376
|
393
|
409
|
417
|
395
|
|
Portion
of Rent Expense Representative of Interest Expense
|
691
|
934
|
917
|
969
|
906
|
856
|
|
Total
Fixed Charges
|
965
|
1,310
|
1,310
|
1,378
|
1,323
|
1,251
|
|
Coverage
Adequacy (Deficiency)
|
(365)
|
(702)
|
547
|
347
|
(109)
|
(496)
|
|
Coverage
Ratio
|
N/A
|
N/A
|
1.42
|
1.25
|
N/A
|
N/A
|