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
ALASKA AIR GROUP INC COM 011659109   52,939,851 1,075,576 SH   SOLE N/A 1,075,576 0 0
ALLEGIANT TRAVEL CO COM 01748X102   27,190,110 526,430 SH   SOLE N/A 526,430 0 0
ALPHABET INC CAP STK CL C 02079K107   3,421,437 21,900 SH   SOLE N/A 21,900 0 0
AMAZON COM INC COM 023135106   494,676 2,600 SH   SOLE N/A 2,600 0 0
AVIDXCHANGE HOLDINGS INC COM 05368X102   27,984,000 3,300,000 SH   SOLE N/A 3,300,000 0 0
AVIS BUDGET GROUP COM 053774105   57,059,343 751,770 SH   SOLE N/A 751,770 0 0
BANK AMERICA CORP COM 060505104   638,469 15,300 SH   SOLE N/A 15,300 0 0
BOOKING HOLDINGS INC COM 09857L108   173,823,321 37,731 SH   SOLE N/A 37,731 0 0
CARGURUS INC COM CL A 141788109   81,883,148 2,810,956 SH   SOLE N/A 2,810,956 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300   458,955 23,500 SH Put SOLE N/A 23,500 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300   531,216 27,200 SH   SOLE N/A 27,200 0 0
CARVANA CO CL A 146869102   78,864,976 377,200 SH   SOLE N/A 377,200 0 0
CITIGROUP INC COM NEW 172967424   709,900 10,000 SH   SOLE N/A 10,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702   155,390,400 3,564,000 SH   SOLE N/A 3,564,000 0 0
DOORDASH INC CL A 25809K105   731,080 4,000 SH   SOLE N/A 4,000 0 0
EVENTBRITE INC COM CL A 29975E109   111,830 53,000 SH   SOLE N/A 53,000 0 0
EXPEDIA GROUP INC COM NEW 30212P303   401,380,775 2,387,750 SH   SOLE N/A 2,387,750 0 0
FLEX LTD ORD Y2573F102   327,823 9,910 SH   SOLE N/A 9,910 0 0
FRONTIER GROUP HLDGS INC COM 35909R108   9,357,474 2,156,100 SH   SOLE N/A 2,156,100 0 0
GLOBAL BUSINESS TRAVEL GROUP COM CL A 37890B100   5,421,260 746,730 SH   SOLE N/A 746,730 0 0
GRAB HOLDINGS LIMITED CLASS A ORD G4124C109   530,010 117,000 SH   SOLE N/A 117,000 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700   3,942,250 1,000,571 SH   SOLE N/A 1,000,571 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203   216,173 950 SH   SOLE N/A 950 0 0
HYATT HOTELS CORP COM CL A 448579102   6,977,723 56,961 SH   SOLE N/A 56,961 0 0
JETBLUE AWYS CORP COM 477143101   12,881,715 2,672,555 SH   SOLE N/A 2,672,555 0 0
LATAM AIRLINES GROUP SA SPONSORED ADR 51817R205   14,623,400 467,500 SH   SOLE N/A 467,500 0 0
LYFT INC CL A COM 55087P104   18,695,250 1,575,000 SH   SOLE N/A 1,575,000 0 0
MAPLEBEAR INC COM 565394103   3,450,485 86,500 SH   SOLE N/A 86,500 0 0
MARRIOTT INTL INC NEW CL A 571903202   18,841,620 79,100 SH   SOLE N/A 79,100 0 0
MASTERCARD INCORPORATED CL A 57636Q104   274,060 500 SH   SOLE N/A 500 0 0
META PLATFORMS INC CL A 30303M102   789,613 1,370 SH   SOLE N/A 1,370 0 0
RYANAIR HOLDINGS PLC SPONSORED ADR 783513203   15,083,720 356,000 SH   SOLE N/A 356,000 0 0
SABRE CORP COM 78573M104   34,470,416 12,267,052 SH   SOLE N/A 12,267,052 0 0
SCHWAB CHARLES CORP COM 808513105   70,843,400 905,000 SH   SOLE N/A 905,000 0 0
SEI INVTS CO COM 784117103   582,225 7,500 SH   SOLE N/A 7,500 0 0
SKYWEST INC COM 830879102   31,754,714 363,451 SH   SOLE N/A 363,451 0 0
SOUTHWEST AIRLS CO COM 844741108   198,675,801 5,916,492 SH   SOLE N/A 5,916,492 0 0
SUN CTRY AIRLS HLDGS INC COM 866683105   24,139,463 1,959,372 SH   SOLE N/A 1,959,372 0 0
SYNCHRONY FINANCIAL COM 87165B103   397,050,000 7,500,000 SH   SOLE N/A 7,500,000 0 0
TRIPADVISOR INC COM 896945201   41,043,051 2,896,475 SH   SOLE N/A 2,896,475 0 0
TRIVAGO N V SPON ADS A SHS N 89686D303   14,628,673 3,567,969 SH   SOLE N/A 3,567,969 0 0
UBER TECHNOLOGIES INC COM 90353T100   1,129,330 15,500 SH Put SOLE N/A 15,500 0 0
UBER TECHNOLOGIES INC COM 90353T100   330,043,341 4,529,829 SH   SOLE N/A 4,529,829 0 0
UNITED AIRLS HLDGS INC COM 910047109   6,905,000 100,000 SH Put SOLE N/A 100,000 0 0
UNITED AIRLS HLDGS INC COM 910047109   334,274,503 4,841,050 SH   SOLE N/A 4,841,050 0 0
VISA INC COM CL A 92826C839   749,984 2,140 SH   SOLE N/A 2,140 0 0
WEBSTER FINL CORP COM 947890109   36,085,000 700,000 SH   SOLE N/A 700,000 0 0
WEX INC COM 96208T104   290,565,510 1,850,500 SH   SOLE N/A 1,850,500 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105   2,443,770 27,000 SH   SOLE N/A 27,000 0 0