United Continental Holdings, Inc. (UAL): PAR Capital, Altimeter Capital Express Governance Concerns, Put Forth Minority Board Slate

Names of
Reporting Persons.

PAR Investment Partners, L.P.

Check the Appropriate Box if a Member
of a Group (See Instructions)

(a)  ¨        (b)  x

SEC Use Only

Source of Funds (See Instructions)

WC

Check if Disclosure of Legal
Proceedings Is Required Pursuant to Items 2(d) or 2(e)

¨

Citizenship or Place of
Organization

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

Sole Voting Power

14,389,711

Shared Voting Power

0

Sole Dispositive Power

14,389,711

Shared Dispositive Power

0

Aggregate Amount Beneficially Owned by Each Reporting Person

14,389,711

Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions)

¨

Percent of Class Represented by Amount
in Row (11)

4.0%*

Type of Reporting Person (See
Instructions)

PN