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Spirit Airlines quiet period ends July 5

June 30, 2011

Spirit Airlines, an ultra low-cost, low-fare airline w/service to FL, the Caribbean and Latin America, will see its quiet period end on Tuesday, July 5. On May 25, the company raised $187 million by offering 15.6 million shares at $12, below the range of $14 to $16. Citi and Morgan Stanley acted as lead managers on the deal.