American Airlines 10-Q2009 Q3 Quarterly report

Filed: 21 Oct 09, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: actuarial, advance, alternative, AMT, broaden, build, Chicago, Circuit, Citibank, Commencing, Dakota, demonstrate, description, EETC, equal, flier, GE, House, Housing, imputed, JAL, larger, LIBOR, lien, lieu, line, Los, loyalty, meantime, method, Miami, monthly, Narita, outcome, passed, penalty, placement, pledged, private, reallocating, reconfirmation, recourse, Recovery, Reinvestment, research, restated, Senate, senior, sinking, South, spare, straight, subordinated, substitute, temporary, thereon, turboprop, Worth

Removed: adjusted, authorized, Board, capitalized, Certification, comply, comprising, Computation, covenant, default, duly, EBITDAR, Horton, parent, ratio, strike, thereunto, title, undersigned, vii, waived, waiver

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Related press release

American Airlines similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12

AMERICAN AIRLINES, INC.

Computation of Ratio of Earnings to Fixed Charges

(in millions)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2009			2008			2009			2008

Earnings (Loss):
Earnings (Loss) before income taxes	$	(377	)	$	(396	)	$	(1,131	)	$	(2,203	)

Add: Total fixed charges (per below)		385			373			1,097			1,094

Less: Interest capitalized		11			10			32			23
Total earnings (loss) before income taxes	$	(3	)	$	(33	)	$	(66	)	$	(1,132	)

Fixed charges:
Interest	$	148		$	155		$	428		$	467

Portion of rental expense representative of the interest factor		215			212			637			614

Amortization of debt expense		22			6			32			13
Total fixed charges	$	385		$	373		$	1,097		$	1,094

Ratio of earnings to fixed charges		-			-			-			-
Coverage deficiency		388			406			1,163			2,226

Note:As of September 30, 2009, American has guaranteed approximately $887 million of AMR’s unsecured debt and approximately $262 million of AMR Eagle’s secured debt. The impact of these unconditional guarantees is not included in the above computation.