Republic Airways (RJET) 10-Q 1 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	1-May-14
Entity Registrant Name	'REPUBLIC AIRWAYS HOLDINGS INC	'
Entity Central Index Key	'0001159154	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	49,782,432

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Current Assets:	'	'
Cash and cash equivalents	$276.20	$276.70
Restricted cash	27.1	24
Receivables—net of allowance for doubtful accounts of $1.5 and $1.5, respectively	35	48.3
Inventories	65.8	71.9
Prepaid expenses and other current assets	28.2	17.7
Deferred income taxes	15.7	15.7
Total current assets	448	454.3
Aircraft and other equipment—net	2,622.30	2,563.60
Maintenance deposits	40.1	36.6
Other Assets, Noncurrent	227.7	216.8
Total assets	3,338.10	3,271.30
Current Liabilities:	'	'
Current portion of long-term debt	303.9	276.2
Accounts payable	18.3	28.9
Accrued liabilities	162.1	163.8
Total current liabilities	484.3	468.9
Long-term debt—less current portion	1,920.40	1,890.60
Deferred credits and other non-current liabilities	97.6	100.7
Deferred income taxes	269.6	260.4
Total liabilities	2,771.90	2,720.60
Commitments and contingencies	'	'
Stockholders' Equity:	'	'
Preferred stock, $.001 par value; 5,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $.001 par value; one vote per share; 150,000,000 shares authorized; 59,794,343 and 59,704,943 shares issued and 49,782,432 and 49,525,594 shares outstanding, respectively	0	0
Additional Paid in Capital	421.7	420.2
Treasury stock, 9,333,266 shares at cost	-181.8	-181.8
Accumulated other comprehensive loss	-2.6	-2.6
Accumulated Earnings	328.9	314.9
Total stockholders' equity	566.2	550.7
Total liabilities and stockholders' equity	$3,338.10	$3,271.30

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, except Share data, unless otherwise specified
Allowance for Doubtful Accounts Receivable, Current	$1.50	$1.50
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	59,794,343	59,704,943
Common stock, shares outstanding	49,782,432	49,525,594
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Treasury Stock	9,333,266	9,333,266

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
OPERATING REVENUES:	'	'
Fixed-Fee Service Revenue	$328.40	$304
Passenger Service	0	15.2
Charter and Other	9.1	5.5
Total operating revenues	337.5	324.7
OPERATING EXPENSES:	'	'
Wages and benefits	89.2	85
Aircraft fuel	7.3	13.6
Landings Fees and Airport Rents	7.2	16
Aircraft and Engine Rent	31.1	28.8
Maintenance Repairs	64.3	54.7
Insurance and taxes	6.5	6.1
Depreciation and amortization	41.3	37.4
Asset Impairment Charges	19.9	0
Other	36.5	35.8
Total operating expenses	303.3	277.4
OPERATING INCOME	34.2	47.3
OTHER INCOME (EXPENSE):	'	'
Interest expense	-29.8	-28.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	18.4	0
Other—net	0	0.1
Total other expense	-11.4	-28
INCOME BEFORE INCOME TAXES	22.8	19.3
INCOME TAX EXPENSE (BENEFIT)	8.8	7.9
Income (Loss) from Continuing Operations Attributable to Parent	14	11.4
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0	-11.1
NET INCOME	$14	$0.30
Income (Loss) from Continuing Operations, Per Basic Share	$0.28	$0.23
Income (Loss) from Continuing Operations, Per Diluted Share	$0.26	$0.22
Earnings Per Share, Basic	$0.28	$0.01
Earnings Per Share, Diluted	$0.26	$0.01

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Loss) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
NET INCOME	$14	$0.30
Other Comprehensive Income, net, Reclassification adjustment for loss realized on derivatives, net of tax	0	0
Total comprehensive income, net	$14	$0.30

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	$68.70	$63.50
INVESTING ACTIVITIES:	'	'
Purchase of aircraft and other equipment	-130.6	-5.5
Proceeds from Sale of Other Assets	7	39.9
Other, net	-3.1	-7.4
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	-126.7	27
FINANCING ACTIVITIES:	'	'
Payments on Debt	-58.1	-45.7
Proceeds from debt issuance	116.2	1.2
Payments on early extinguishment of debt	0	-34.6
Proceeds from Stock Options Exercised	0.4	2.3
Other, net	-1	-0.5
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	57.5	-77.3
Cash Provided by (Used in) Operating Activities, Discontinued Operations	0	-9.7
Cash Provided by (Used in) Investing Activities, Discontinued Operations	0	-1.5
Cash Provided by (Used in) Financing Activities, Discontinued Operations	0	-2.6
Less net cash from discontinued operations	0	-13.8
Net Cash Provided by (Used in) Discontinued Operations	0	0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-0.5	13.2
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations - Beginning	276.7	210.8
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations - End	276.2	224
CASH PAID FOR INTEREST AND INCOME TAXES [Abstract]	'	'
Interest paid	29.1	28.3
Income taxes paid	0.7	0.5
Noncash Investing and Financing Items [Abstract]	'	'
other equipment acquired through manufacturer credits	5.8	0
Parts, training and lease credits from aircraft manufacturer	3.9	0
AircraftPartsFinanced	0	42.8
Chautauqua Restructuring Costs	$0	$12

Organization_and_Business

Organization and Business	3 Months Ended
	Mar. 31, 2014
Organization and Business [Abstract]	'
Nature of Operations [Text Block]	'
	Organization and Business
	We are a Delaware holding company organized in 1996 that offers scheduled passenger services through our wholly-owned operating air carrier subsidiaries: Chautauqua Airlines, Inc. ("Chautauqua"), Shuttle America Corporation ("Shuttle"), and Republic Airline, Inc. ("Republic Airline"). Unless the context indicates otherwise, the terms the "Company," "we," "us," or "our" refer to Republic Airways Holdings Inc. and our subsidiaries.
	In the opinion of management, these financial statements reflect all adjustments that are necessary to present fairly the results of operations for the interim periods presented. All adjustments are of a normal, recurring nature unless otherwise disclosed. The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. These financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, filed March 11, 2014.
	Unless otherwise indicated, information in these notes to consolidated financial statements relates to continuing operations. Certain of our operations have been presented as discontinued. See note 5.

Significant_Accounting_Policie

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Summary Of Significant Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	Summary of Significant Accounting Policies
	Rental Income – Under the Company’s fixed-fee code-share and fixed-fee charter agreements, the Company is reimbursed an amount per aircraft designed to compensate the Company for certain aircraft ownership costs.  The Company has concluded that a component of its fixed-fee service revenue under the agreement discussed above is rental income, inasmuch as the agreement identifies the “right of use” of a specific type and number of aircraft over a stated period of time. The amounts deemed to be rental income during the three months ended March 31, 2014 and 2013, were $106.4 million and $92.3 million, respectively and have been included in fixed-fee service revenues in the Company’s condensed consolidated statements of operations.
	Charter and Other Revenue – Charter and other revenue primarily consists of lease revenue for aircraft subleased under operating leases and miscellaneous revenue related to charter flying. Charter revenues are recognized at the point that our charter service is realizable and earned, which is when the transportation is provided. All other revenue is recognized as revenue when the related goods and services are provided.
	Restricted Cash – Restricted cash primarily consists of balances in escrow for our long-term charter agreement, restricted amounts for satisfying debt and lease payments due within the next year and certificates of deposit that secure certain letters of credit issued for workers' compensation claim reserves and certain airport authorities. Restricted cash is carried at cost, which management believes approximates fair value.
	Stockholders’ Equity – For the period from December 31, 2013 through March 31, 2014, additional paid-in capital increased to $421.7 million from $420.2 million due to $1.1 million of stock compensation expense and $0.4 million of proceeds for options exercised, accumulated other comprehensive loss remained at $2.6 million, and accumulated earnings increased from $314.9 million to $328.9 million based on current year to date net income.
	Net Income (Loss) Per Common Share – The following table is based on the weighted average number of common shares outstanding during the period. The following is a reconciliation of the weighted average common shares for the basic and diluted per share computations (in millions, except per share information):
			Three Months Ended March 31,
			2014			2013
	Basic and diluted income per share:
	Income from continuing operations		$	14		$	11.4
	Loss from discontinued operations, net of tax		—			(11.1		)
	Net income		14			0.3
	Income effect of assumed-conversion interest on convertible debt		0.5			0.3
	Income after assumed conversion		$	14.5		$	0.6
	Weighted average common shares outstanding		49.6			48.7
	Effect of dilutive securities:
	Stock options		0.4			0.6
	Convertible debt		4.9			4.7
	Shares used to compute diluted earnings per share		54.9			54
	Income per share - basic:
	Income from continuing operations		$	0.28		$	0.23
	Loss from discontinued operations, net of tax		—			(0.22		)
	Net income		$	0.28		$	0.01
	Income per share - diluted:
	Income from continuing operations		$	0.26		$	0.22
	Loss from discontinued operations, net of tax		—			(0.21		)
	Net income		$	0.26		$	0.01
	The Company excluded 3.4 million and 3.0 million employee stock options from the calculation of diluted net income per share due to their anti-dilutive impact for the three months ended March 31, 2014 and 2013, respectively.
	The Company has two convertible notes, both with original face values of $25.0 million. One has a book value of $22.3 million, while the other has a book value of $25.5 million, net of a $1.7 million discount, which is convertible in whole or in part, at the option of the holder, for up to 2.2 million and 2.7 million shares, respectively, of the Company’s common stock as of March 31, 2014.  The convertible notes payable were dilutive for the three months ended March 31, 2014 and 2013.
	On April 7, 2014, the Company redeemed the convertible note by paying $22.3 million of cash. The Company has the ability to redeem the other convertible note to the extent the note has not previously been converted by the holder. Upon not less than 30 days nor more than 60 days advance written notice, the Company can redeem the $27.2 million note at a premium to face value at any time through October 28, 2016 at which point the note can be redeemed at face value thereafter.
	Fair Value Measurements - Accounting Standards Codification ("ASC") Topic 820, Fair Value Measurements and Disclosures, requires disclosures about how fair value is determined for assets and liabilities and a hierarchy for which these assets and liabilities must be grouped is established.  The Topic establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:
		Level 1	quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.
		Level 2	quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.
		Level 3	unobservable inputs for the asset or liability.
	The following table sets forth information regarding the Company's assets measured at fair value on a recurring basis (in millions):
	Fair Value of Assets on a Recurring Basis		31-Mar-14			Level 1			Level 2		Level 3
	Chautauqua restructuring asset		$	95.7		$	—		$	—	$	95.7
	Fair Value of Assets on a Recurring Basis		31-Dec-13			Level 1			Level 2		Level 3
	Chautauqua restructuring asset		$	79.6		$	—		$	—	$	79.6
	Chautauqua restructuring asset - In October 2012, the Company restructured certain aircraft ownership obligations related to its 50-seat regional jet platform, Chautauqua. In connection with the restructuring, the Company issued a convertible note payable with a face value of $25.0 million, provided call rights on 28 of its owned aircraft and agreed to parent company guarantees related to future minimum lease payments, among other commitments.
	The Company elected the fair value option under ASC 825-10, "Financial Instruments" for the agreement related to its 28 owned aircraft because management believes the fair value option provides the most accurate representation of the economic benefit of this agreement to Chautauqua in the Company's financial statements. Under the fair value option, the Company recorded an $86.4 million asset representing the combined fair value of expected future cash inflows under the agreement, net of the value of the Company's obligations attributable to the call rights on the 28 aircraft. The recurring fair value measurement of this agreement has been calculated using an income approach, which requires the use of subjective assumptions that are considered level 3 inputs. Fair values have been estimated by discounting the cash flows expected to be received over the term of the agreement, using a discount rate based on observable yields on instruments bearing comparable risks and credit worthiness of the counterparty. Critical assumptions used in the fair value measurement primarily include the amount and timing of cash inflows, the discount rate and the probability of whether the call option on the restructured aircraft will be exercised by the counterparty. A change in these assumptions could result in a significantly higher or lower fair value measurement, which would result in a gain or loss during the period in which the assumption changes. A 100 basis point change in the discount rate used would have changed the fair value of the restructuring asset by approximately $2.1 million as of March 31, 2014. Similarly, a change in the assumed probability of whether the call option on the restructured aircraft will be exercised could result in either a gain or loss of up to $3.3 million per aircraft during the period in which that assumption changed.
	On February 11, 2014, the Company announced the early termination of its 44 to 50 seat fixed-fee agreements with United Airlines and American Airlines, which were scheduled to terminate in 2014. These agreements wind-down beginning in March 2014 through August 2014 and will result in the grounding of 27 small jet aircraft. The Company notified the counterparty that 15 of the 27 aircraft to be grounded are subject to this agreement and callable by the counterparty. The Company was notified by the counterparty during the first quarter 2014 that it did not intend to exercise its call option on these aircraft. The Company recorded a fair value gain of $18.4 million for the three months ended March 31, 2014, which represents the fair value of the increase in cash flows expected to be received over the remaining term of the agreement, due to the counterparty's obligation to increase its payment to the Company for aircraft that cease to have applicable capacity purchase agreement reimbursement rates.
	In March 2013 the agreement was amended, which resulted in a $12.0 million increase in the restructuring asset under the fair value option. The $12.0 million increase represents the fair value of expected future cash inflows under the amendment. In addition, this amendment resulted in a $12.0 million deferred credit.
	As of March 31, 2014, the Company would owe approximately $21.8 million under certain circumstances of non-performance or voluntary repayment, however, the Company estimated the probability of repayment as remote. The difference between the fair value of the restructuring asset at inception and the fair value of the convertible note at inception is recognized as a reduction to depreciation expense over the remaining useful life of the related aircraft subject to this agreement.
	The following is a reconciliation of the beginning and ending balances for the periods indicated of recurring fair value measurements using Level 3 inputs (in millions):
			Quarter Ended
	Chautauqua Restructuring Asset		31-Mar-14			31-Dec-13
	Beginning Balance		$	79.6		$	86.4
	Amendment to agreement		—			12
	Fair value gain		18.4			—
	Cash received or other		(2.3		)	(18.8		)
	Ending Balance		$	95.7		$	79.6
	Aircraft and Other Assets Impairment - Nonrecurring - In March 2014, we recorded a $19.9 million impairment charge related to our decision to abandon our owned E140 fleet in March 2014, impairing these aircraft to zero during the quarter ended March 31, 2014.
	($ in millions)
						Nonrecurring Fair Value Measurements Using
	Description		3 mos ended March 31, 2014			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)		Pre-tax Losses
	Long-lived assets abandoned		$	—					$	—	$	(19.9	)
	Fair Value of Debt - Market risk associated with our fixed and variable rate long-term debt primarily relates to the potential change in fair value and impact to future earnings, respectively, from a change in interest rates. In the table below, the aggregate fair value of debt was based primarily on recently completed market transactions and estimates based on interest rates, maturities, credit risk, and underlying collateral and is classified primarily as level 3 within the fair value hierarchy.
	($ in millions)		March 31,			December 31,
			2014			2013
	Net carrying amount		$	2,224.30		$	2,166.80
	Estimated fair value		2,142.70			2,099.80
	New Accounting Pronouncements – In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The objective of the update change the requirements for reporting discontinued operations in Subtopic 205-20.  It is effective in the first quarter of 2015, and the impact to the consolidated financial statements is not expected to be material.
In January 2014, the FASB issued ASU 2014-05, Service Concession Arrangements (Topic 853), a consensus of the FASB Emerging Issues Task Force. The objective of the update is to specify that an operating entity should not account for a service concession arrangement within the scope of this update as a lease in accordance with Topic 840, Leases. It is effective for fiscal years beginning after December 15, 2014, and the impact to the consolidated financial statements is being evaluated by the Company.
In July 2013, the FASB issued ASU 2013-11–Income Taxes (Topic 740), Presentation of an Unrecognized Tax Benefit When a Net Operating loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The standard provides updated guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The amendment becomes affective for fiscal years beginning after December 15, 2013. The Company adopted this accounting standard on January 1, 2014, and the impact to the consolidated financial statements was not material.

Debt

Debt	3 Months Ended
	Mar. 31, 2014
Debt [Abstract]	'
Debt Disclosure [Text Block]	'
	Debt
	During the three months ended March 31, 2014, the Company took delivery of five aircraft and borrowed $107.7 million secured by the aircraft.

Commitments_Contingincies

Commitments & Contingincies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	Commitments and Contingencies
	As of March 31, 2014, the Company has firm orders to purchase 40 CS300 aircraft that have scheduled delivery dates beginning in early 2015 and continuing through 2017. In January 2014, Bombardier announced that the aircraft would not be expected into service until early 2016. The Company also has a commitment for 47 Embraer E175 (of which 24 have been delivered as of March 31, 2014) aircraft under the American Eagle brand that have scheduled delivery dates currently and through the first quarter of 2015. The Company also has a commitment to acquire 11 spare aircraft engines and expects to take delivery of four engines in 2014, three engines in 2015, three engines in 2016, and one engine in 2017.
	The following table displays the Company's future contractual obligations for aircraft and other equipment under firm order (in millions):
		Payments Due by Period
												Beyond
		2014		2015		2016		2017		2018		2019		Total
	Debt or lease financed aircraft under purchase obligations(1)	$	553.6	$	889.1	$	1,037.90	$	778.4	$	—	$	—	$	3,259.00
	Engines under firm orders	21.2		19.3		21		7		—		—		68.5
	Total contractual obligations for aircraft and engines	$	574.8	$	908.4	$	1,058.90	$	785.4	$	—	$	—	$	3,327.50
	(1) Represents original timing of CS300 delivery positions.
	The information in the table above reflects a purchase price of the aircraft at projected delivery dates.
	Contingencies
	We are subject to certain legal and administrative actions which we consider routine to our business activities. As of March 31, 2014, management believes that the ultimate outcome of any pending legal matters will not have a material adverse effect on our financial position, liquidity or results of operations.
	On June 10, 2011, Frontier reached a tentative agreement with the Frontier pilots (the “Pilots”), then represented by the Frontier Airlines Pilot Association ("FAPA"), pursuant to which FAPA agreed in principle to the restructuring of certain wages and benefits. On June 17, 2011, the tentative agreement was ratified by the Pilots.
	On June 28, 2011, the International Brotherhood of Teamsters, Airline Division (the "IBT") replaced FAPA as the representative of Frontier pilots when the IBT was certified as the exclusive bargaining representative of the pilots. On August 3, 2011, the IBT filed suit against the Company and Frontier seeking to have the restructuring agreement declared null and void, or alternatively, seeking that the IBT manage the equity investment of the Frontier pilots due to accusations that the Company interfered with the election process.
	We believe that these allegations are baseless and that we did not interfere in the election process, which in fact the IBT won. Under the Stock Purchase Agreement pursuant to which we sold Frontier, we have agreed to continue to vigorously defend ourselves and Frontier against this complaint, but there can be no assurance that we will be successful.
	On February 14, 2014, the Company announced that it reached a Tentative Agreement (TA) on a new four-year contract with the International Brotherhood of Teamsters (IBT) Local 357. Local 357 represents all of the Company's pilots. The proposed contract included increases in pay that would have placed Republic pilots at or near the top of its airline peers. It also included improvements in work rules, quality of life enhancements and more flexibility in scheduling, as well as a significant signing bonus if ratified. On April 4, 2014, the IBT failed to ratify the tentative agreement. The Company will continue to work with the IBT to determine the next steps.
	As of March 31, 2014, approximately 71% of the Company's workforce is employed under union contracts. The union contracts for our pilots are currently amendable. Although we have never had a work interruption or stoppage, we are subject to risks of work interruption or stoppage and/or may incur additional administrative expenses associated with union representation of our employees. If we are unable to reach agreement with any of our unionized work groups on the amended terms of their collective bargaining agreements, we may be subject to work interruptions and/or stoppages. Any sustained work stoppages could adversely affect our ability to fulfill our obligations under our fixed-fee and pro-rate agreements and could have a material adverse effect on our financial condition and results of operations.

Discontinued_Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
	Discontinued Operations
	In October, 2013, the Company entered into a stock purchase agreement for the sale of Frontier Airlines Holdings, Inc. (“Frontier”) to an affiliate of Indigo Partners LLC on December 3, 2013. As a result, the Company reported Frontier as discontinued operations on the consolidated statements of operations and consolidated statements of cash flows for all periods presented.
	Summarized financial information for discontinued operations is shown below:
	($ in millions)	Three Months Ended March 31, 2013
	Total operating revenue	$	310.9
	Loss from discontinued operations before tax(1)	$	(18.8	)
	Income tax benefit	(7.7		)
	Loss from discontinued operations, net of tax	$	(11.1	)
	(1) Loss from discontinued operations before taxes includes certain adjustments required by discontinued operation presentation.
	Pursuant to the terms of the stock purchase agreement between the Company and Falcon Acquisition Group, Inc. (Buyer), the Company and Buyer are in the process of finalizing the share purchase price, which is based in part on the closing working capital of Frontier as of November 30, 2013. The Company expects to finalize the share purchase price by the end of the second quarter of 2014. The final share purchase price may result in an adjustment to the share purchase price that either requires Buyer to pay additional amounts to the Company or the Company to pay an amount to the Buyer. The share purchase price adjustment is not expected to be material. In addition, the stock purchase agreement contains an obligation for the Company to indemnify the Buyer under certain circumstances and subject to certain conditions and limitations. In addition to the proposed working capital adjustments, Buyer provided the Company with notice of a claim for indemnification for an unspecified amount. The Company rejected the Buyer’s claim for indemnification. With certain exceptions that are not subject to any limitation, the Company's indemnity obligation is capped under the stock purchase agreement at a maximum of $25.0 million. However, the Company believes that the likelihood that it will be required to make any payment of significant indemnification claims under the stock purchase agreement is remote and therefore the Company has not recorded any contingent liabilities for Buyer’s indemnification claims as of March 31, 2014.
	Republic has retained all liabilities for all United States federal and foreign income tax on income prior to separation, as well as certain non-income taxes attributable to Frontier's business. Frontier generally will be liable for all other taxes attributable to its business. In connection with the separation, Republic separated its defined contribution plan from Frontier's business.
	Republic and Frontier entered into a transition services agreement pursuant to which Republic is providing Frontier, on an interim transitional basis, various services. Transition services may be provided for up to nine months with an option for extension by the recipient. Services being provided by Republic include certain information technology, operations and back office support. Billings by Republic under these transitional services agreements of $1.6 million for the quarter ended March 31, 2014, are recorded as a reduction of the costs to provide the respective service in the applicable expense category in the Condensed Consolidated Statements of Operations. This transitional support enables Frontier to establish its stand-alone processes for various activities that were previously provided by Republic and does not constitute significant continuing support of Frontier’s operations.

Recent_Business_Developments_a

Recent Business Developments and Subsequent Events	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Schedule of Subsequent Events [Text Block]	'
	Recent Business Developments
	On April 7, 2014, Republic's Board of Directors authorized management to utilize up to $75 million of unrestricted cash to buy back common shares and/or early retire convertible debt during the next 12 months. Under the $75 million authorization, Republic may repurchase up to $50 million of common shares and early retire up to $50 million of convertible notes, or any combination thereof. Also, on April 7, 2014, the Company redeemed a convertible note by paying $22.3 million of cash.

Significant_Accounting_Policie1

Significant Accounting Policies Significant Accounting (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
fixed fee service revenues [Policy Text Block]	'
	Rental Income – Under the Company’s fixed-fee code-share and fixed-fee charter agreements, the Company is reimbursed an amount per aircraft designed to compensate the Company for certain aircraft ownership costs.  The Company has concluded that a component of its fixed-fee service revenue under the agreement discussed above is rental income, inasmuch as the agreement identifies the “right of use” of a specific type and number of aircraft over a stated period of time. The amounts deemed to be rental income during the three months ended March 31, 2014 and 2013, were $106.4 million and $92.3 million, respectively and have been included in fixed-fee service revenues in the Company’s condensed consolidated statements of operations.
charter and other revenue [Policy Text Block]	'
	Charter and Other Revenue – Charter and other revenue primarily consists of lease revenue for aircraft subleased under operating leases and miscellaneous revenue related to charter flying. Charter revenues are recognized at the point that our charter service is realizable and earned, which is when the transportation is provided. All other revenue is recognized as revenue when the related goods and services are provided.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Restricted Cash – Restricted cash primarily consists of balances in escrow for our long-term charter agreement, restricted amounts for satisfying debt and lease payments due within the next year and certificates of deposit that secure certain letters of credit issued for workers' compensation claim reserves and certain airport authorities. Restricted cash is carried at cost, which management believes approximates fair value.
Earnings Per Share, Policy [Policy Text Block]	'
	Net Income (Loss) Per Common Share – The following table is based on the weighted average number of common shares outstanding during the period. The following is a reconciliation of the weighted average common shares for the basic and diluted per share computations (in millions, except per share information):
			Three Months Ended March 31,
			2014			2013
	Basic and diluted income per share:
	Income from continuing operations		$	14		$	11.4
	Loss from discontinued operations, net of tax		—			(11.1		)
	Net income		14			0.3
	Income effect of assumed-conversion interest on convertible debt		0.5			0.3
	Income after assumed conversion		$	14.5		$	0.6
	Weighted average common shares outstanding		49.6			48.7
	Effect of dilutive securities:
	Stock options		0.4			0.6
	Convertible debt		4.9			4.7
	Shares used to compute diluted earnings per share		54.9			54
	Income per share - basic:
	Income from continuing operations		$	0.28		$	0.23
	Loss from discontinued operations, net of tax		—			(0.22		)
	Net income		$	0.28		$	0.01
	Income per share - diluted:
	Income from continuing operations		$	0.26		$	0.22
	Loss from discontinued operations, net of tax		—			(0.21		)
	Net income		$	0.26		$	0.01
	The Company excluded 3.4 million and 3.0 million employee stock options from the calculation of diluted net income per share due to their anti-dilutive impact for the three months ended March 31, 2014 and 2013, respectively.
	The Company has two convertible notes, both with original face values of $25.0 million. One has a book value of $22.3 million, while the other has a book value of $25.5 million, net of a $1.7 million discount, which is convertible in whole or in part, at the option of the holder, for up to 2.2 million and 2.7 million shares, respectively, of the Company’s common stock as of March 31, 2014.  The convertible notes payable were dilutive for the three months ended March 31, 2014 and 2013.
	On April 7, 2014, the Company redeemed the convertible note by paying $22.3 million of cash. The Company has the ability to redeem the other convertible note to the extent the note has not previously been converted by the holder. Upon not less than 30 days nor more than 60 days advance written notice, the Company can redeem the $27.2 million note at a premium to face value at any time through October 28, 2016 at which point the note can be redeemed at face value thereafter.
Fair Value Measurement, Policy [Policy Text Block]	'
	Fair Value Measurements - Accounting Standards Codification ("ASC") Topic 820, Fair Value Measurements and Disclosures, requires disclosures about how fair value is determined for assets and liabilities and a hierarchy for which these assets and liabilities must be grouped is established.  The Topic establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:
		Level 1	quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.
		Level 2	quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.
		Level 3	unobservable inputs for the asset or liability.
	The following table sets forth information regarding the Company's assets measured at fair value on a recurring basis (in millions):
	Fair Value of Assets on a Recurring Basis		31-Mar-14			Level 1			Level 2		Level 3
	Chautauqua restructuring asset		$	95.7		$	—		$	—	$	95.7
	Fair Value of Assets on a Recurring Basis		31-Dec-13			Level 1			Level 2		Level 3
	Chautauqua restructuring asset		$	79.6		$	—		$	—	$	79.6
	Chautauqua restructuring asset - In October 2012, the Company restructured certain aircraft ownership obligations related to its 50-seat regional jet platform, Chautauqua. In connection with the restructuring, the Company issued a convertible note payable with a face value of $25.0 million, provided call rights on 28 of its owned aircraft and agreed to parent company guarantees related to future minimum lease payments, among other commitments.
	The Company elected the fair value option under ASC 825-10, "Financial Instruments" for the agreement related to its 28 owned aircraft because management believes the fair value option provides the most accurate representation of the economic benefit of this agreement to Chautauqua in the Company's financial statements. Under the fair value option, the Company recorded an $86.4 million asset representing the combined fair value of expected future cash inflows under the agreement, net of the value of the Company's obligations attributable to the call rights on the 28 aircraft. The recurring fair value measurement of this agreement has been calculated using an income approach, which requires the use of subjective assumptions that are considered level 3 inputs. Fair values have been estimated by discounting the cash flows expected to be received over the term of the agreement, using a discount rate based on observable yields on instruments bearing comparable risks and credit worthiness of the counterparty. Critical assumptions used in the fair value measurement primarily include the amount and timing of cash inflows, the discount rate and the probability of whether the call option on the restructured aircraft will be exercised by the counterparty. A change in these assumptions could result in a significantly higher or lower fair value measurement, which would result in a gain or loss during the period in which the assumption changes. A 100 basis point change in the discount rate used would have changed the fair value of the restructuring asset by approximately $2.1 million as of March 31, 2014. Similarly, a change in the assumed probability of whether the call option on the restructured aircraft will be exercised could result in either a gain or loss of up to $3.3 million per aircraft during the period in which that assumption changed.
	On February 11, 2014, the Company announced the early termination of its 44 to 50 seat fixed-fee agreements with United Airlines and American Airlines, which were scheduled to terminate in 2014. These agreements wind-down beginning in March 2014 through August 2014 and will result in the grounding of 27 small jet aircraft. The Company notified the counterparty that 15 of the 27 aircraft to be grounded are subject to this agreement and callable by the counterparty. The Company was notified by the counterparty during the first quarter 2014 that it did not intend to exercise its call option on these aircraft. The Company recorded a fair value gain of $18.4 million for the three months ended March 31, 2014, which represents the fair value of the increase in cash flows expected to be received over the remaining term of the agreement, due to the counterparty's obligation to increase its payment to the Company for aircraft that cease to have applicable capacity purchase agreement reimbursement rates.
	In March 2013 the agreement was amended, which resulted in a $12.0 million increase in the restructuring asset under the fair value option. The $12.0 million increase represents the fair value of expected future cash inflows under the amendment. In addition, this amendment resulted in a $12.0 million deferred credit.
	As of March 31, 2014, the Company would owe approximately $21.8 million under certain circumstances of non-performance or voluntary repayment, however, the Company estimated the probability of repayment as remote. The difference between the fair value of the restructuring asset at inception and the fair value of the convertible note at inception is recognized as a reduction to depreciation expense over the remaining useful life of the related aircraft subject to this agreement.
	The following is a reconciliation of the beginning and ending balances for the periods indicated of recurring fair value measurements using Level 3 inputs (in millions):
			Quarter Ended
	Chautauqua Restructuring Asset		31-Mar-14			31-Dec-13
	Beginning Balance		$	79.6		$	86.4
	Amendment to agreement		—			12
	Fair value gain		18.4			—
	Cash received or other		(2.3		)	(18.8		)
	Ending Balance		$	95.7		$	79.6
	Aircraft and Other Assets Impairment - Nonrecurring - In March 2014, we recorded a $19.9 million impairment charge related to our decision to abandon our owned E140 fleet in March 2014, impairing these aircraft to zero during the quarter ended March 31, 2014.
	($ in millions)
						Nonrecurring Fair Value Measurements Using
	Description		3 mos ended March 31, 2014			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)		Pre-tax Losses
	Long-lived assets abandoned		$	—					$	—	$	(19.9	)
	Fair Value of Debt - Market risk associated with our fixed and variable rate long-term debt primarily relates to the potential change in fair value and impact to future earnings, respectively, from a change in interest rates. In the table below, the aggregate fair value of debt was based primarily on recently completed market transactions and estimates based on interest rates, maturities, credit risk, and underlying collateral and is classified primarily as level 3 within the fair value hierarchy.
	($ in millions)		March 31,			December 31,
			2014			2013
	Net carrying amount		$	2,224.30		$	2,166.80
	Estimated fair value		2,142.70			2,099.80
New Accounting Pronouncements, Policy [Policy Text Block]	'
	New Accounting Pronouncements – In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The objective of the update change the requirements for reporting discontinued operations in Subtopic 205-20.  It is effective in the first quarter of 2015, and the impact to the consolidated financial statements is not expected to be material.
	In January 2014, the FASB issued ASU 2014-05, Service Concession Arrangements (Topic 853), a consensus of the FASB Emerging Issues Task Force. The objective of the update is to specify that an operating entity should not account for a service concession arrangement within the scope of this update as a lease in accordance with Topic 840, Leases. It is effective for fiscal years beginning after December 15, 2014, and the impact to the consolidated financial statements is being evaluated by the Company.
	In July 2013, the FASB issued ASU 2013-11–Income Taxes (Topic 740), Presentation of an Unrecognized Tax Benefit When a Net Operating loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The standard provides updated guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The amendment becomes affective for fiscal years beginning after December 15, 2013. The Company adopted this accounting standard on January 1, 2014, and the impact to the consolidated financial statements was not material.

Significant_Accounting_Policie2

Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2014
Summary Of Significant Accounting Policies [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
	Net Income (Loss) Per Common Share – The following table is based on the weighted average number of common shares outstanding during the period. The following is a reconciliation of the weighted average common shares for the basic and diluted per share computations (in millions, except per share information):
		Three Months Ended March 31,
		2014			2013
	Basic and diluted income per share:
	Income from continuing operations	$	14		$	11.4
	Loss from discontinued operations, net of tax	—			(11.1		)
	Net income	14			0.3
	Income effect of assumed-conversion interest on convertible debt	0.5			0.3
	Income after assumed conversion	$	14.5		$	0.6
	Weighted average common shares outstanding	49.6			48.7
	Effect of dilutive securities:
	Stock options	0.4			0.6
	Convertible debt	4.9			4.7
	Shares used to compute diluted earnings per share	54.9			54
	Income per share - basic:
	Income from continuing operations	$	0.28		$	0.23
	Loss from discontinued operations, net of tax	—			(0.22		)
	Net income	$	0.28		$	0.01
	Income per share - diluted:
	Income from continuing operations	$	0.26		$	0.22
	Loss from discontinued operations, net of tax	—			(0.21		)
	Net income	$	0.26		$	0.01
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	'
	The following table sets forth information regarding the Company's assets measured at fair value on a recurring basis (in millions):
	Fair Value of Assets on a Recurring Basis	31-Mar-14			Level 1			Level 2		Level 3
	Chautauqua restructuring asset	$	95.7		$	—		$	—	$	95.7
	Fair Value of Assets on a Recurring Basis	31-Dec-13			Level 1			Level 2		Level 3
	Chautauqua restructuring asset	$	79.6		$	—		$	—	$	79.6
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	'
	The following is a reconciliation of the beginning and ending balances for the periods indicated of recurring fair value measurements using Level 3 inputs (in millions):
		Quarter Ended
	Chautauqua Restructuring Asset	31-Mar-14			31-Dec-13
	Beginning Balance	$	79.6		$	86.4
	Amendment to agreement	—			12
	Fair value gain	18.4			—
	Cash received or other	(2.3		)	(18.8		)
	Ending Balance	$	95.7		$	79.6
Fair Value Measurements, Nonrecurring [Table Text Block]	'
	Aircraft and Other Assets Impairment - Nonrecurring - In March 2014, we recorded a $19.9 million impairment charge related to our decision to abandon our owned E140 fleet in March 2014, impairing these aircraft to zero during the quarter ended March 31, 2014.
	($ in millions)
					Nonrecurring Fair Value Measurements Using
	Description	3 mos ended March 31, 2014			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)		Pre-tax Losses
	Long-lived assets abandoned	$	—					$	—	$	(19.9	)
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
	Fair Value of Debt - Market risk associated with our fixed and variable rate long-term debt primarily relates to the potential change in fair value and impact to future earnings, respectively, from a change in interest rates. In the table below, the aggregate fair value of debt was based primarily on recently completed market transactions and estimates based on interest rates, maturities, credit risk, and underlying collateral and is classified primarily as level 3 within the fair value hierarchy.
	($ in millions)	March 31,			December 31,
		2014			2013
	Net carrying amount	$	2,224.30		$	2,166.80
	Estimated fair value	2,142.70			2,099.80

Commitments_Contingincies_Tabl

Commitments & Contingincies (Tables)	3 Months Ended
	Mar. 31, 2014
Unrecorded Unconditional Purchase Obligation [Line Items]	'
Unrecorded Unconditional Purchase Obligations Disclosure [Table Text Block]	'
	The following table displays the Company's future contractual obligations for aircraft and other equipment under firm order (in millions):
		Payments Due by Period
												Beyond
		2014		2015		2016		2017		2018		2019		Total
	Debt or lease financed aircraft under purchase obligations(1)	$	553.6	$	889.1	$	1,037.90	$	778.4	$	—	$	—	$	3,259.00
	Engines under firm orders	21.2		19.3		21		7		—		—		68.5
	Total contractual obligations for aircraft and engines	$	574.8	$	908.4	$	1,058.90	$	785.4	$	—	$	—	$	3,327.50
	(1) Represents original timing of CS300 delivery positions.
	The information in the table above reflects a purchase price of the aircraft at projected delivery dates.

Discontinued_Operations_Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2014
Results of Discontinued Operations [Abstract]	'
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]	'
	Summarized financial information for discontinued operations is shown below:
	($ in millions)	Three Months Ended March 31, 2013
	Total operating revenue	$	310.9
	Loss from discontinued operations before tax(1)	$	(18.8	)
	Income tax benefit	(7.7		)
	Loss from discontinued operations, net of tax	$	(11.1	)

Significant_Accounting_Policie3

Significant Accounting Policies (Details) Text (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Accounting Policies [Abstract]	'	'	'
Fixed-Fee Rental Income	$106.40	$92.30	'
Additional Paid in Capital	421.7	'	420.2
Share-based Compensation	1.1	'	'
Proceeds from Stock Options Exercised	0.4	2.3	'
Accumulated other comprehensive loss	2.6	'	2.6
Accumulated Earnings	$328.90	'	$314.90

Significant_Accounting_Policie4

Significant Accounting Policies (Details) EPS (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'	'
Income (Loss) from Continuing Operations Attributable to Parent	$14	$11.40
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0	-11.1
NET INCOME	14	0.3
Interest on Convertible Debt, Net of Tax	0.5	0.3
Net Income (Loss) Available to Common Stockholders, Diluted	14.5	0.6
Weighted average number of shares outstanding	49.6	48.7
Incremental Common Shares Attributable to Share-based Payment Arrangements	0.4	0.6
Stock Issued During Period, Shares, Conversion of Convertible Securities	4.9	4.7
Shares used to computed diluted earnings per share	54.9	54
Income (Loss) from Continuing Operations, Per Basic Share	$0.28	$0.23
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share	$0	($0.22)
Basic income per share	$0.28	$0.01
Income (Loss) from Continuing Operations, Per Diluted Share	$0.26	$0.22
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share	$0	($0.21)
Earnings Per Share, Diluted	$0.26	$0.01
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	3.4	3
Convertible Notes Payable - face value	25	'
convertible note payable - EMB book value	25.5	'
convertible note discount	1.7	'
Convertible Notes Payable - TPG	22.3	'
TPG - Convertible debt	2.2	'
EMB - Convertible Debt	2.7	'
minimum period of time needed for written advance notice to holder to redeem note	'30 days	'
maximum period of time needed for written advance notice to redeem note	'60 days	'
Convertible Notes Payable - EMB	$27.20	'

Significant_Accounting_Policie5

Significant Accounting Policies (Details) Fair Value (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012
	Seats
	Aircraft
Derivative Asset, Fair Value, Gross Asset	$95.70	'	$79.60	$86.40
Chautauqua Seats on Aircraft	50	'	'	'
CHQ restructuring call rights provided on owned aircraft	28	'	'	'
change in the fair value of the restructuring asset per a 100 basis point change in discount rate	2.1	'	'	'
possible gain or loss if there is a change in assumed probability of call option on restructured aircrat	3.3	'	'	'
Seats on E140 aircraft under CPA with American	44	'	'	'
Seats on E145 aircraft under CPA with United	50	'	'	'
Grounded aircraft	27	'	'	'
Callable aircraft	15	'	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3	0	12	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value (begin)	79.6	86.4	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	18.4	0	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	-2.3	-18.8	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value (end)	95.7	79.6	'	'
CHQ Restrucuring - possible voluntary repayment under circumstances of non-performance	21.8	'	'	'
asset impairment charges for aircraft related to inventory	-19.9	'	'	'
Long-term Debt, net carrying amount	2,224.30	'	2,166.80	'
Long-term Debt, Fair Value	2,142.70	'	2,099.80	'
Fair Value, Inputs, Level 1 [Member]	'	'	'	'
Derivative Asset, Fair Value, Gross Asset	0	'	0	'
Fair Value, Inputs, Level 2 [Member]	'	'	'	'
Derivative Asset, Fair Value, Gross Asset	0	'	0	'
Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Derivative Asset, Fair Value, Gross Asset	95.7	'	79.6	'
Assets, Fair Value Disclosure	0	'	'	'
Fair Value Measurement [Domain]	'	'	'	'
Assets, Fair Value Disclosure	$0	'	'	'

Debt_Details_Details

Debt Details (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014
	Aircraft
Debt Disclosure [Abstract]	'
number of AA 175 aircraft delivered	5
Proceeds from Sale of Other Assets	$107.70

Commitments_Contingincies_Deta

Commitments & Contingincies (Details) Committments Table (USD $)	Mar. 31, 2014
In Millions, unless otherwise specified	Engines
	Aircraft
Long-term Purchase Commitment [Line Items]	'
Firm Purchase Orders for CS300 Aircraft	40
Amended number of E175 aircraft agreed upon to operate under American Eagle brand	47
E175 aircraft operating under American Eagle brand	24
Number of Spare Aircraft Engines under commitment	11
Number of engines to be delivered in year 1	4
Number of Engines to be Delivered in Year Two	3
Number of Engines to be Delivered in Year Three	3
Number of Engines to be Deliviered in Year Four	1
Unrecorded Unconditional Purchase Obligation for Aircraft due within one year	$553.60
Unrecorded Unconditional Purchase Obligation for Aircraft due within two years	889.1
Unrecorded Unconditional Purchase Obligation for Aircraft due within three years	1,037.90
Unrecorded Unconditional Purchase Obligation for Aircraft due within four years	778.4
Unrecorded Unconditional Purchase Obligation for Aircraft due within five years	0
Unrecorded Unconditional Purchase Obligation for Aircraft due after five years	0
Unrecorded Unconditional Purchase Obligation for Aircraft	3,259
unconditional purchase obligations for engines	21.2
Unrecorded Unconditional Purchase Obligation for Engines, due within two years	19.3
Unrecorded Unconditional Purchase Obligation for Engines, due within three years	21
Unrecorded Unconditional Purchase Obligation for Engines, due within four years	7
Unrecorded Unconditional Purchase Obligation for Engines, due within five year	0
Unrecorded Unconditional Purchase Obligation for Engines, due after five year	0
Unrecorded Unreconciled Purchase Obligation for Engines, Total	68.5
Unrecorded Unconditional Purchase Obligation, Due within One Year	574.8
Unrecorded Unconditional Purchase Obligation, Due within Two Years	908.4
Unrecorded Unconditional Purchase Obligation, Due within Three Years	1,058.90
Unrecorded Unconditional Purchase Obligation, Due within Four Years	785.4
Unrecorded Unconditional Purchase Obligation, Due within Five Years	0
Unrecorded Unconditional Purchase Obligation, Due after Five Years	0
Unrecorded Unconditional Purchase Obligation	$3,327.50

Commitments_Contingincies_Deta1

Commitments & Contingincies (Details) Contingencies	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Percent of Union Employees	71.00%

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Discontinued ops [Abstract]	'	'
Disposal Group, Including Discontinued Operation, Revenue	'	$310.90
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	'	-18.8
Discontinued Operation, Tax Effect of Discontinued Operation	'	-7.7
Disposal Group, Including Discontinued Operations, Operating Income (Loss), net of tax	'	-11.1
maximum indemnity obligation under stock purchase agreement	25	'
Amount billed under TSA	$1.60	'

Recent_Business_Developments_a1

Recent Business Developments and Subsequent Events (Details) (USD $)	Mar. 31, 2014
In Millions, unless otherwise specified
Subsequent Event [Line Items]	'
Amount of unrestricted cash used for buyback and other	$75
Maximum amount of unrestricted cash spent	50
Convertible Notes Payable - TPG	$22.30