<Page> 31 Exhibit 12 AMERICAN AIRLINES, INC. Computation of Ratio of Earnings to Fixed Charges (in millions) <Table> <Caption> Three Months Ended Six Months Ended June 30, June 30, 2003 2002 2003 2002 <s> <c> <c> <c> <c> Earnings: Loss before income taxes and cumulative effect of accounting $(133) $ (706) $(1,165) $(1,520) change Add: Total fixed charges (per below) 378 382 761 770 Less: Interest capitalized 17 21 35 41 Total loss before income taxes and cumulative effect of accounting change $228 $(345) $(439) $(791) Fixed charges: Interest, including interest capitalized $147 $ 123 $ 296 $ 250 Portion of rental expense representative of the interest factor 229 258 462 518 Amortization of debt expense 2 1 3 2 Total fixed charges $378 $ 382 $761 $770 Coverage deficiency $150 $ 727 $1,200 $1,561 </Table> Note: In April 2001, the Board of Directors of American approved the guarantee by American of AMR's existing debt obligations. As of June 30, 2003, this guarantee covered approximately $636 million of unsecured debt and approximately $521 million of secured debt. The impact of these unconditional guarantees is not included in the above computation.