FLEET TRANSITION EXPENSES

6 Months Ended

Jun. 30, 2012

Restructuring and Related Activities [Abstract]

FLEET TRANSITION EXPENSES

Fleet transition expenses included in the consolidated statements of operations (in millions):



	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Horizon Fleet Transition - CRJ-700	$	—	$	20.8	$	—	$	30.9
Horizon Fleet Transition - Q200	—		6.0		—		6.0
Total	$	—	$	26.8	$	—	$	36.9

In 2011, Horizon completed its transition to an all-Q400 fleet. During the first six months of 2011, Horizon subleased the final 13 CRJ-700 aircraft to a third-party carrier.

Horizon also had 16 Q200 aircraft subleased to a third-party carrier, which included a liability related to the estimated sublease loss which had been recorded in previous periods. The Company evaluated the loss in the second quarter of 2011 and determined the ultimate loss would likely be higher than the original estimate and recorded an additional charge.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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