FLEET TRANSITION EXPENSES

9 Months Ended

Sep. 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 September 30,					Nine Months Ended September 30,
	2012		2011			2012		2011
Horizon Fleet Transition - CRJ-700	$	—	$	(2.6	)	$	—	$	28.3
Horizon Fleet Transition - Q200	—		4.6			—		10.6
Total	$	—	$	2.0		$	—	$	38.9

In 2011, Horizon completed its transition to an all Q400 fleet. During the third quarter of 2011, Horizon removed all residual CRJ-700 inventory for a gain, which offset losses recognized in the first half of the year.

During the third quarter of 2011, Horizon entered into a letter of intent to sell Q200 aircraft that had been subleased to a third-party carrier. The termination of the underlying leases and subsequent sale of the aircraft resulted in a charge of $4.6 million, in addition to charges recognized in the first half of the year.

- 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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