Budget-oriented Spirit Airlines - who this spring became the first to charge a fee for carry-on...

|By:, SA News Editor

Budget-oriented Spirit Airlines - who this spring became the first to charge a fee for carry-on luggage - has filed for a $300M IPO, the industry's first since 2006's float of Allegiant Travel (ALGT). Half the expected raise will go directly to the airline for cash and working capital.