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Content analysis
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H.S. sophomore Avg
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New words:
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Removed:
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Exhibit 12.1
American Airlines Group Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions)
| Three Months Ended March 31, 2018 | ||||
| Income before income taxes | $ | 273 | ||
| Add: Total fixed charges (per below) | 518 | |||
| Less: Interest capitalized | 17 | |||
| Total earnings before income taxes | $ | 774 | ||
| Fixed charges: | ||||
| Interest | $ | 282 | ||
| Portion of rental expense representative of the interest factor | 236 | |||
| Total fixed charges | $ | 518 | ||
| Ratio of earnings to fixed charges | 1.5 | |||