Spirit Airlines plans IPO

MIRAMAR, Fla. (AP) - September 20, 2010

Spirit is a small airline based in Florida, but it has gotten attention this year for a pilot strike and charging a fee for some carry-on bags.

The share price for the offering has not yet been set, the company said Friday in a filing with federal regulators.

Spirit, which is privately held, says it expects to keep $150 million of the proceeds from the offering, and use most of the rest to pay off debt.

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