EXHIBIT 12 AMERICAN AIRLINES, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (IN MILLIONS) <Table> <Caption> Three Months Ended March 31, ------------------------------ 2002 2001 ------------ ------------ Earnings (loss): Loss before income taxes and cumulative effect of accounting change $ (814) $ (44) Add: Total fixed charges (per below) 388 286 Less: Interest capitalized 20 39 ------------ ------------ Total earnings (loss) before income taxes and cumulative effect of accounting change $ (446) $ 203 ============ ============ Fixed charges: Interest $ 127 $ 87 Portion of rental expense representative of the interest factor 260 198 Amortization of debt expense 1 1 ------------ ------------ Total fixed charges $ 388 $ 286 ============ ============ Coverage deficiency $ 834 $ 83 ============ ============ </Table> Note: In April 2001, the Board of Directors of American approved the guarantee by American of AMR's existing debt obligations. As of March 31, 2002, this guarantee covered approximately $634 million of unsecured debt and approximately $573 million of secured debt. The impact of these unconditional guarantees is not included in the above computation.