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
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AFFIRM HLDGS INC COM CL A 00827B106 326,200 4,000 SH SOLE N/A 4,000 0 0
AIRBNB INC COM CL A 009066101 107,325,000 750,000 SH SOLE N/A 750,000 0 0
ALASKA AIR GROUP INC COM 011659109 82,456,999 1,579,636 SH SOLE N/A 1,579,636 0 0
ALLEGIANT TRAVEL CO COM 01748X102 99,328,723 844,632 SH SOLE N/A 844,632 0 0
ALPHABET INC CAP STK CL C 02079K107 883,325 2,500 SH Put SOLE N/A 2,500 0 0
ALPHABET INC CAP STK CL C 02079K107 8,903,916 25,200 SH SOLE N/A 25,200 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 18,070,000 1,000,000 SH SOLE N/A 1,000,000 0 0
BILL HOLDINGS INC COM 090043100 7,232,000 200,000 SH SOLE N/A 200,000 0 0
BOOKING HOLDINGS INC COM 09857L108 176,831,904 992,100 SH SOLE N/A 992,100 0 0
CARGURUS INC COM CL A 141788109 353,718 10,376 SH SOLE N/A 10,376 0 0
CARS COM INC COM 14575E105 2,694,511 246,299 SH SOLE N/A 246,299 0 0
CARVANA CO CL A 146869102 114,484,675 1,739,360 SH SOLE N/A 1,739,360 0 0
CITIGROUP INC COM NEW 172967424 1,399,600 10,000 SH SOLE N/A 10,000 0 0
CITIGROUP INC COM NEW 172967424 1,399,600 10,000 SH Put SOLE N/A 10,000 0 0
CITIZENS FINL GROUP INC COM 174610105 1,401,400 20,000 SH SOLE N/A 20,000 0 0
COPA HOLDINGS SA CL A P31076105 3,129,291 20,115 SH SOLE N/A 20,115 0 0
DELTA AIR LINES INC COM NEW 247361702 983,430 10,500 SH Put SOLE N/A 10,500 0 0
DELTA AIR LINES INC COM NEW 247361702 326,193,897 3,482,745 SH SOLE N/A 3,482,745 0 0
EBAY INC. COM 278642103 894,000 8,000 SH SOLE N/A 8,000 0 0
EXPEDIA GROUP INC COM NEW 30212P303 485,109,330 1,895,847 SH SOLE N/A 1,895,847 0 0
FLEX LTD ORD Y2573F102 1,606,114 9,910 SH SOLE N/A 9,910 0 0
GRUPO AEROMEXICO SAB DE CV SPONSORED ADS 40054J109 21,416,832 1,189,824 SH SOLE N/A 1,189,824 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700 2,063,417 911,001 SH SOLE N/A 911,001 0 0
HYATT HOTELS CORP COM CL A 448579102 65,614,840 338,500 SH SOLE N/A 338,500 0 0
JETBLUE AIRWAYS CORP COM 477143101 22,920,000 4,000,000 SH SOLE N/A 4,000,000 0 0
LYFT INC CL A COM 55087P104 23,449,050 1,605,000 SH SOLE N/A 1,605,000 0 0
MAPLEBEAR INC COM 565394103 962,910 20,336 SH SOLE N/A 20,336 0 0
MARRIOTT INTL INC NEW CL A 571903202 14,823,600 40,000 SH SOLE N/A 40,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 15,408,000 30,000 SH SOLE N/A 30,000 0 0
META PLATFORMS INC CL A 30303M102 30,971,374 54,983 SH SOLE N/A 54,983 0 0
NEXTPOWER INC CLASS A COM 65290E101 205,636 1,726 SH SOLE N/A 1,726 0 0
PNC FINL SVCS GROUP INC COM 693475105 246,220 1,000 SH SOLE N/A 1,000 0 0
REPUBLIC AWYS HLDGS INC COM SHS 590479408 10,648,792 506,844 SH SOLE N/A 506,844 0 0
RYANAIR HOLDINGS PLC SPONSORED ADR 783513203 22,015,000 340,000 SH SOLE N/A 340,000 0 0
SCHWAB CHARLES CORP COM 808513105 22,606,150 245,000 SH SOLE N/A 245,000 0 0
SKYWEST INC COM 830879102 5,451,330 54,881 SH SOLE N/A 54,881 0 0
SOUTHWEST AIRLS CO COM 844741108 252,253,974 4,905,756 SH SOLE N/A 4,905,756 0 0
SYNCHRONY FINANCIAL COM 87165B103 578,903,019 7,612,137 SH SOLE N/A 7,612,137 0 0
TRIP COM GROUP LTD ADS 89677Q107 538,756 13,523 SH SOLE N/A 13,523 0 0
TRIPADVISOR INC COM 896945201 55,827,860 4,072,054 SH SOLE N/A 4,072,054 0 0
TRIVAGO N V SPON ADS A SHS N 89686D303 23,481,250 4,292,733 SH SOLE N/A 4,292,733 0 0
TRUIST FINL CORP COM 89832Q109 498,200 10,000 SH SOLE N/A 10,000 0 0
UBER TECHNOLOGIES INC COM 90353T100 304,349,232 4,217,700 SH SOLE N/A 4,217,700 0 0
UNITED AIRLS HLDGS INC COM 910047109 728,871,179 5,359,741 SH SOLE N/A 5,359,741 0 0
VISA INC COM CL A 92826C839 43,778,284 127,600 SH SOLE N/A 127,600 0 0
WEX INC COM 96208T104 318,155,693 2,254,984 SH SOLE N/A 2,254,984 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 25,940,960 823,000 SH SOLE N/A 823,000 0 0
ZOOM COMMUNICATIONS INC CL A 98980L101 1,467,270 17,000 SH SOLE N/A 17,000 0 0