The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AIRBNB INC COM CL A 009066101   40,842,000 300,000 SH   SOLE N/A 300,000 0 0
ALASKA AIR GROUP INC COM 011659109   40,085,820 1,026,000 SH   SOLE N/A 1,026,000 0 0
ALLEGIANT TRAVEL CO COM 01748X102   20,941,635 253,500 SH   SOLE N/A 253,500 0 0
ALPHABET INC CAP STK CL A 02079K305   4,298,365 30,500 SH   SOLE N/A 30,500 0 0
AMERICAN AIRLS GROUP INC COM 02376R102   34,495,644 2,510,600 SH   SOLE N/A 2,510,600 0 0
AMERICAN EXPRESS CO COM 025816109   65,569,000 350,000 SH   SOLE N/A 350,000 0 0
AVIDXCHANGE HOLDINGS INC COM 05368X102   34,072,500 2,750,000 SH   SOLE N/A 2,750,000 0 0
AVIS BUDGET GROUP COM 053774105   150,486,472 848,959 SH   SOLE N/A 848,959 0 0
BLOCK INC CL A 852234103   38,675,000 500,000 SH   SOLE N/A 500,000 0 0
BOOKING HOLDINGS INC COM 09857L108   425,666,400 120,000 SH   SOLE N/A 120,000 0 0
CARVANA CO CL A 146869102   21,281,880 402,000 SH   SOLE N/A 402,000 0 0
CHEGG INC COM 163092109   204,480 18,000 SH   SOLE N/A 18,000 0 0
COMERICA INC COM 200340107   27,905,000 500,000 SH   SOLE N/A 500,000 0 0
CONTROLADORA VUELA COMP DE A SPON ADR RP 10 21240E105   20,682,900 2,205,000 SH   SOLE N/A 2,205,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702   179,224,650 4,455,000 SH   SOLE N/A 4,455,000 0 0
DOORDASH INC CL A 25809K105   840,565 8,500 SH   SOLE N/A 8,500 0 0
ETSY INC COM 29786A106   1,073,913 13,250 SH   SOLE N/A 13,250 0 0
EVENTBRITE INC COM CL A 29975E109   1,178,760 141,000 SH   SOLE N/A 141,000 0 0
EXPEDIA GROUP INC COM NEW 30212P303   434,650,665 2,863,500 SH   SOLE N/A 2,863,500 0 0
FRONTIER GROUP HLDGS INC COM 35909R108   9,588,306 1,756,100 SH   SOLE N/A 1,756,100 0 0
GLOBAL BUSINESS TRAVEL GROUP COM CL A 37890B100   4,966,500 770,000 SH   SOLE N/A 770,000 0 0
HAWAIIAN HOLDINGS INC COM 419879101   21,584,000 1,520,000 SH   SOLE N/A 1,520,000 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700   11,559,613 1,112,571 SH   SOLE N/A 1,112,571 0 0
HYATT HOTELS CORP COM CL A 448579102   7,428,284 56,961 SH   SOLE N/A 56,961 0 0
JETBLUE AWYS CORP COM 477143101   11,100,000 2,000,000 SH   SOLE N/A 2,000,000 0 0
META PLATFORMS INC CL A 30303M102   1,061,880 3,000 SH   SOLE N/A 3,000 0 0
SABRE CORP COM 78573M104   22,000,000 5,000,000 SH   SOLE N/A 5,000,000 0 0
SCHWAB CHARLES CORP COM 808513105   82,560,000 1,200,000 SH   SOLE N/A 1,200,000 0 0
SKYWEST INC COM 830879102   12,759,820 244,441 SH   SOLE N/A 244,441 0 0
SOUTHWEST AIRLS CO COM 844741108   42,886,800 1,485,000 SH   SOLE N/A 1,485,000 0 0
SPIRIT AIRLS INC COM 848577102   1,639,000 100,000 SH   SOLE N/A 100,000 0 0
STATE STR CORP COM 857477103   294,348 3,800 SH   SOLE N/A 3,800 0 0
SUN CTRY AIRLS HLDGS INC COM 866683105   43,524,910 2,767,000 SH   SOLE N/A 2,767,000 0 0
SYNCHRONY FINANCIAL COM 87165B103   320,796,000 8,400,000 SH   SOLE N/A 8,400,000 0 0
TRIP COM GROUP LTD ADS 89677Q107   720,200 20,000 SH   SOLE N/A 20,000 0 0
TRIPADVISOR INC COM 896945201   101,191,000 4,700,000 SH   SOLE N/A 4,700,000 0 0
UBER TECHNOLOGIES INC COM 90353T100   332,478,000 5,400,000 SH   SOLE N/A 5,400,000 0 0
UNITED AIRLS HLDGS INC COM 910047109   91,737,484 2,223,400 SH   SOLE N/A 2,223,400 0 0
WEBSTER FINL CORP COM 947890109   19,035,000 375,000 SH   SOLE N/A 375,000 0 0
WEX INC COM 96208T104   359,917,500 1,850,000 SH   SOLE N/A 1,850,000 0 0
WIX COM LTD SHS M98068105   1,107,180 9,000 SH   SOLE N/A 9,000 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105   2,171,070 27,000 SH   SOLE N/A 27,000 0 0