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Exhibit 12
AMERICAN AIRLINES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31,
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1989 1990 1991 1992 1993
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Earnings:
Earnings (loss) before income taxes,
extraordinary loss, and cumulative
effect of accounting changes $ 674 $ (97) $ (229) $ (396) $ 74
Add: Total fixed charges (per below) 495 630 812 961 1,000
Less: Interest capitalized 64 114 153 98 49
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Total earnings $ 1,101 $ 419 $ 430 $ 467 $ 1,025
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Fixed charges:
Interest $ 211 $ 277 $ 345 $ 386 $ 408
Portion of rental expense representative
of the interest factor 282 351 463 572 588
Amortization of debt expense 2 2 4 3 4
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Total fixed charges $ 495 $ 630 $ 812 $ 961 $ 1,000
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Ratio of earnings to fixed charges 2.22 - - - 1.03
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Coverage deficiency $ - $ 211 $ 382 $ 494 $ -
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