Exhibit 11.1 AMERICAN MOBILE SATELLITE CORPORATION -------------------------------------- COMPUTATIONS OF EARNING PER COMMON SHARE --------------------------------------- (in thousands, except per share amounts) --------------------------------------- Three Months Six Months Ended June 30, Ended June 30, 1998 1997 1998 1997 ---- ---- ---- ---- BASIC EARNINGS PER SHARE CALCULATION Net Loss ($38,963) ($26,842) ($64,205) ($53,923) ========= ========= ========= ========= Net Loss per common share ($1.23) ($1.07) ($2.25) ($2.15) ======= ======= ======= ======= Weighted-average common shares 31,719 25,120 28,502 25,115 ====== ====== ====== ====== outstanding DILUTED EARNINGS PER SHARE CALCULATION Net Loss ($38,963) ($26,842) ($64,205) ($53,923) ========= ========= ========= ========= Net Loss per common share ($1.21) ($1.07) ($2.24) ($2.14) ======= ======= ======= ======= Weighted-average common shares (1) 32,102 25,182 28,614 25,177 ====== ====== ====== ====== (1) Calculated as follows: Historical weighted average number of shares outstanding 31,719 25,120 28,502 25,115 Assumed exercise of stock options -- -- 1 -- Assumed exercise of stock purchase 383 62 111 62 ------- -------- -------- ------- warrants 32,102 25,182 28,614 25,177 ====== ======= ====== ======