**Exhibit 12.1**

**SABRE HOLDINGS CORPORATION**

**COMPUTATION OF RATIO OF EARNINGS**

**TO FIXED CHARGES**

**(in thousands)**

 
|                                                                                                          |   | **Nine months Ended**  |    |
|---------------------------------------------------------------------------------------------------------------|--------|------------------------|---------|
|                                                                                                          |   | **September 30, 2001** |    |
| **Earnings:**                                                                                                 |   |                   |    |
| Income from continuing operations before taxes (1)                                                            |   | $                      | 123,514 |   |
| Minority interests in consolidated subsidiaries                                                               |   | (17,209                | )       |
| Income from equity investees                                                                                  |   | (16,517                | )       |
| Income from continuing operations before income  taxes, minority interests and earnings from equity investees |   | 89,788                 |    |
| Add:  Total  fixed charges (per below)                                                                   |   | 46,045                 |    |
| Distributed income of equity investees                                                                        |   | 4,940                  |    |
| Total earnings                                                                                                |   | $                      | 140,773 |   |
| **Fixed  charges:**                                                                                           |   |                   |    |
| Interest expensed                                                                                             |   | $                      | 34,470  |   |
| Estimate of interest within rental expense (2)                                                                |   | 11,575                 |    |
| Total fixed charges                                                                                           |   | $                      | 46,045  |   |
| Ratio of earnings to fixed charges                                                                            |   | 3.06                   |    |

 

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| (1)    |   | On July 2,  2001, the Company completed the sale of the Company’s Outsourcing  Business.  The Company also entered  into agreements with Electronic Data Systems Corporation ("EDS")  for (i) EDS to manage the Company’s IT systems for 10-years (the "IT Outsourcing  Agreement"), and (ii) the Company and EDS to jointly market certain IT  services and software solutions to the travel and transportation industries  (the "Marketing Agreements"). The results of operations of the  Outsourcing Business have been reclassified and presented as income from  discontinued operations, net, for nine months ended September 30, 2001. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| (2)    |   | Fixed charges include  the estimated interest component of rent expense (one-third of rent expense  under operating leases).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |