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EXHIBIT 12
DELTA AIR LINES, INC.
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS/(LOSS) TO FIXED CHARGES
(IN MILLIONS, EXCEPT RATIOS)
Three Months Three Months
Ended Ended
March 31 March 31
2001 2000
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Earnings/(loss):
Earnings (loss) before income taxes $ (222) $ 365
Add (deduct):
Fixed charges from below 284 263
Interest capitalized (9) (12)
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Earnings as adjusted $ 53 $ 616
Fixed charges:
Interest expense $ 120 $ 106
Portion of rental expense representative of the
interest factor 164 157
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Total fixed charges $ 284 $ 263
Ratio of earnings to fixed charges 0.19 2.34
2001
Actual - USD
USD
Internal Orders
PDAL - Consolidated
Qtr1
Income Before Income Tax (221,961,551.57)