**Exhibit 12.2**

** **

**NORTHWEST AIRLINES CORPORATION**

**COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES ANDPREFERRED STOCK REQUIREMENTS**

**(Dollars in millions)**

 
|                                                                        |   | **Three  months ended********June 30** |   | **Six Months  Ended********June 30** |   |
|-----------------------------------------------------------------------------|--------|----------------------------------------|--------|--------------------------------------|--------|
|                                                                        |   | **2002**                               |   | **2001**                             |   | **2002** |   | **2001** |   |
| **Earnings:**                                                               |   |                                   |   |                                 |   |   |   |   |   |
|                                                                        |   |                                   |   |                                 |   |   |   |   |   |
| Income before income taxes                                                  |   | $                                      | (141   | )                                    | $      | (92 | ) | $ | (402 | ) | $ | (365 | ) |
| Less:   Income from less than  50% owned  investees          |   | 12                                     |   | 13                                   |   | 25 |   | 17 |   |
| Add:                                                                        |   |                                   |   |                                 |   |   |   |   |   |
| Rent expense representative of interest  (1)                                |   | 63                                     |   | 59                                   |   | 122 |   | 118 |   |
| Interest expense net of capitalized  interest                               |   | 96                                     |   | 80                                   |   | 186 |   | 151 |   |
| Interest of mandatorily redeemable  preferred security holder               |   | 7                                      |   | 7                                    |   | 12 |   | 13 |   |
| Amortization of debt discount and expense                                   |   | 4                                      |   | 3                                    |   | 8 |   | 6 |   |
| Amortization of interest capitalized                                        |   | 2                                      |   | 1                                    |   | 3 |   | 2 |   |
|                                                                        |   |                                   |   |                                 |   |   |   |   |   |
| **Adjusted earnings**                                                       |   | $                                      | 19     |                                 | $      | 45 |   | $ | (96 | ) | $ | (92 | ) |
|                                                                        |   |                                   |   |                                 |   |   |   |   |   |
| **Fixed charges and preferred stock  requirements:**                        |   |                                   |   |                                 |   |   |   |   |   |
|                                                                        |   |                                   |   |                                 |   |   |   |   |   |
| Rent expense representative of interest  (1)                                |   | $                                      | 63     |                                 | $      | 59 |   | $ | 122 |   | $ | 118 |   |
| Interest expense net of capitalized  interest                               |   | 96                                     |   | 80                                   |   | 186 |   | 151 |   |
| Interest of mandatorily redeemable  preferred security holder               |   | 7                                      |   | 7                                    |   | 12 |   | 13 |   |
| Preferred stock requirements                                                |   | —                                 |   | —                               |   | — |   | 1 |   |
| Amortization of debt discount and expense                                   |   | 4                                      |   | 3                                    |   | 8 |   | 6 |   |
| Capitalized interest                                                        |   | 6                                      |   | 9                                    |   | 13 |   | 17 |   |
|                                                                        |   |                                   |   |                                 |   |   |   |   |   |
| **Fixed charges and preferred****stock  requirements**                      |   | $                                      | 176    |                                 | $      | 158 |   | $ | 341 |   | $ | 306 |   |
|                                                                        |   |                                   |   |                                 |   |   |   |   |   |
| **Ratio of earnings to fixed charges and****preferred  stock requirements** |   | —                                 | (2)    | —                               | (3)    | — | (2) | — | (3) |

 
| (1)    | Calculated as  one-third of rentals, which is considered representative of the interest  factor.                                                                                     |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                 |
| (2)    | Earnings were  inadequate to cover fixed charges and preferred stock requirements by $157  million and $437 million for the three and six months ended June 30, 2002,  respectively. |
|   |                                                                                                                                                                                 |
| (3)    | Earnings were  inadequate to cover fixed charges and preferred stock requirements by $113  million and $398 million for the three and six months ended June 30, 2001,  respectively. |

 

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