1 Exhibit 12 AMR CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Year Ended December 31, ----------------------- 1989 1990 1991 1992 1993 -------- -------- -------- -------- -------- Earnings: Earnings (loss) before income taxes, extraordinary loss, and cumulative effect of accounting changes $ 719 $ (34) $ (340) $ (697) $ (113) Add: Total fixed charges (per below) 552 734 1,028 1,285 1,339 Less: Interest capitalized 65 116 159 101 51 -------- --------- -------- -------- --------- Total earnings $ 1,206 $ 584 $ 529 $ 487 $ 1,175 ======== ========= ======== ======== ========= Fixed charges: Interest $ 239 $ 338 $ 508 $ 651 $ 668 Portion of rental expense representative of the interest factor 311 394 513 627 663 Amortization of debt expense 2 2 7 7 8 -------- --------- -------- -------- --------- Total fixed charges $ 552 $ 734 $ 1,028 $ 1,285 $ 1,339 ======== ========= ======== ======== ========= Ratio of earnings to fixed charges 2.18 - - - - ======== ========= ======== ======== ========= Coverage deficiency $ - $ 150 $ 499 $ 798 $ 164 ======== ========= ======== ======== ========= * Previously restated. -74-