AMERICAN AIRLINES INC - FORM 10-K - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - February 17, 2010

Attached files

file filename
10-K - AMERICAN AIRLINES, INC. - AMERICAN AIRLINES INCaa123109.htm
EX-32 - CERTIFICATION PURSUANT TO SECTION 906 - AMERICAN AIRLINES INCex32.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - AMERICAN AIRLINES INCex31-1.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - AMERICAN AIRLINES INCex31-2.htm
EX-10.31C - BOEING PURCHASE AGREEMENT - AMERICAN AIRLINES INCex10-31c.htm
EX-10.31A - BOEING PURCHASE AGREEMENT - AMERICAN AIRLINES INCex10-31a.htm
EX-10.31B - BOEING PURCHASE AGREEMENT - AMERICAN AIRLINES INCex10-31b.htm
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUTING FIRM - AMERICAN AIRLINES INCex23.htm

Exhibit 12

AMERICAN AIRLINES, INC.
Computation of Ratio of Earnings to Fixed Charges
 (in millions)

   
2009
    
2008
    
2007
    
2006
    
2005
  
                               
Earnings:
                              
Income (loss) before income taxes and cumulative effect of accounting change
   $ (1,757 )   $ (2,531 )   $  356     $  164     $ (892 )
                                         
Add:  Total fixed charges (per below)
     1,491       1,458       1,668       1,705       1,566  
                                         
Less:  Interest capitalized
     42       33       20       29       64  
Total earnings (loss)
   $ (308 )   $ (1,106 )   $ 2,004     $ 1,840     $ 610  
                                         
Fixed charges:
                                        
Interest
   $ 596     $ 625     $ 793     $ 842     $ 724  
                                         
Portion of rental expense representative of the interest factor
     859       815       862       848       831  
                                         
Amortization of debt expense
     36       18       13       15       11  
Total fixed charges
   $ 1,491     $ 1,458     $ 1,668     $ 1,705     $ 1,566  
                                         
Ratio of earnings to fixed charges
                     1.20       1.08       -  
                                         
Coverage deficiency
   $ 1,799     $ 2,564       -       -     $ 956  
 
 
Note:  As of December 31, 2009, American has guaranteed approximately $885 million of unsecured debt and approximately $262 million of secured debt.  The impact of these unconditional guarantees is not included in the above computation.

AMERICAN AIRLINES INC Reports