**Exhibit12.1**

 

**SABREHOLDINGS CORPORATION**

 

**COMPUTATIONOF RATIO OF EARNINGS TO FIXED CHARGES**

 

**(in thousands)**

 
| ** **                                                                                             | ** ** | **Nine Months   Ended   September 30, 2005** | ** ** |
|--------------------------------------------------------------------------------------------------------|------------|---------------------------------------------------|------------|
| **Earnings:**                                                                                          | ** ** | ** **                                        | ** ** |
| Income from continuing operations before  taxes                                                        |       | $                                                 | 254,474    |   |
| Minority interests in consolidated  subsidiaries                                                       |       | (3,242                                            | )          |
| Loss from equity investees                                                                             |       | 1,992                                             |       |
|                                                                                                   |       |                                              |       |
| Income from continuing operations before  taxes, minority interests and earnings from equity investees |       | $                                                 | 253,224    |   |
| Add: Total fixed charges (per below)                                                                   |       | 39,787                                            |       |
| Distributed income of equity investees                                                                 |       | 16,574                                            |       |
| Total earnings                                                                                         |       | $                                                 | 309,585    |   |
|                                                                                                   |       |                                              |       |
| **Fixed  charges:**                                                                                    |       |                                              |       |
| Interest expense                                                                                       |       | 31,803                                            |       |
| Estimate of interest within rental expense  (1)                                                        |       | 7,984                                             |       |
| Total fixed charges                                                                                    |       | $                                                 | 39,787     |   |
|                                                                                                   |       |                                              |       |
| Ratio of earnings to fixed charges                                                                     |       | 7.78                                              |       |

 

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(1) Fixed charges include the estimated interest component of rentexpense (one-third of rent expense under operating leases).

 

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