PAR CAPITAL MANAGEMENT INC Information

ONE INTERNATIONAL PLACE SUITE 2401, BOSTON, Massachusetts, 02110, (617) 526-8964

Report Date: 09/30/2014

Position Statistics

Total Positions 75
New Positions 12
Increased Positions 34
Decreased Positions 20
Positions with Activity 54
Sold Out Positions 8
Total Mkt Value (in $ millions) 3,891

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.67%
Capital Goods 1.14%
Conglomerates
Consumer Cyclical 1.16%
Consumer/Non-Cyclical 0.99%
Energy 0.94%
Financial 2.42%
Healthcare 2.31%
Services 47.88%
Technology 3.95%
Transportation 30.49%
Utilities

75 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
GLOBAL EAGLE ENTMT INC COM 393,853 171 .04 28,981,072
DELTA AIR LINES INC DEL COM NEW 357,313 106,449 42.43 7,639,800
EXPEDIA INC DEL COM NEW 300,663 9,657 3.32 3,424,800
ALASKA AIR GROUP INC COM 264,931 New 4,702,364
PRICELINE GRP INC COM NEW 234,171 New 212,000
SOUTHWEST AIRLS CO COM 224,832 7,109 3.27 5,535,000
TRIPADVISOR INC COM 156,727 New 2,087,742
AMERICAN AIRLS GROUP INC COM 147,913 22,563 18 2,950,000
ORBITZ WORLDWIDE INC COM 138,600 New 16,500,000
CHURCHILL DOWNS INC COM 120,588 New 1,286,544
PENN NATL GAMING INC COM 102,878 2,081 2.07 7,859,300
BOYD GAMING CORP COM 95,993 2,013 2.14 8,413,055
MELCO CROWN ENTMT LTD ADR 95,876 7,863 8.93 4,168,519
UNITED RENTALS INC COM 94,192 New 934,813
GAMING & LEISURE PPTYS INC COM 92,687 18,351 24.69 3,202,716
SPIRIT AIRLS INC COM 90,888 New 1,250,000
GREENBRIER COS INC COM 82,653 New 1,693,700
ALLEGIANT TRAVEL CO COM 54,632 54,632 New 385,000
UNITED CONTL HLDGS INC COM 51,400 51,400 New 800,000
GENERAL MTRS CO COM 45,039 20,638 84.58 1,418,550