AMTRAN INC
SC 13G, 1998-05-04
AIR TRANSPORTATION, NONSCHEDULED
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<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G
                                 (RULE 13D-102)


           INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
            RULES 13D-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13D-2(b)
                           (AMENDMENT NO. __________)(1)


                                  AMTRAN, INC.
- --------------------------------------------------------------------------------
                                (Name of issuer)

                           COMMON STOCK, no par value
- --------------------------------------------------------------------------------
                         (Title of class of securities)

                                   03234G 10 6
- --------------------------------------------------------------------------------
                                 (CUSIP number)

                                 April 27, 1998
- --------------------------------------------------------------------------------
             (Date of event which requires filing of this statement)



Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

     |_| Rule 13d-1(b) 
     |X| Rule 13d-1(c) 
     |_| Rule 13d-1(d)


                       (Continued on the following pages)

                               (Page 1 of 7 Pages)


- --------------

     (1)The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

     The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                                   Page 1 of 8

<PAGE>   2
                                  SCHEDULE 13G

- ---------------------                                    -----------------------
CUSIP NO. 03234G 10 6                                    Page 2 of 8 Pages
================================================================================
     1       NAME OF REPORTING PERSONS
             S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

             PAR Investment Partners, L.P.

- --------------------------------------------------------------------------------
     2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*          (a) |_|
                                                                        (b) |X|

- --------------------------------------------------------------------------------

     3       SEC USE ONLY

- --------------------------------------------------------------------------------
     4       CITIZENSHIP OR PLACE OF ORGANIZATION

             State of Delaware

- --------------------------------------------------------------------------------
       NUMBER OF           5     SOLE VOTING POWER

        SHARES                   608,900
                        --------------------------------------------------------
     BENEFICIALLY          6     SHARED VOTING POWER       
                                                             
     OWNED BY EACH               None                     
                        --------------------------------------------------------
       REPORTING           7     SOLE DISPOSITIVE POWER    
                                                             
        PERSON                   608,900                   
                        --------------------------------------------------------
         WITH              8     SHARED DISPOSITIVE POWER  
                                                             
                                 None                     
- --------------------------------------------------------------------------------
     9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             608,900 shares of Common Stock

- --------------------------------------------------------------------------------
    10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
             SHARES*                                                         |_|


- --------------------------------------------------------------------------------
    11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

             5.2%

- --------------------------------------------------------------------------------
    12       TYPE OF REPORTING PERSON *

             PN

================================================================================
                     * SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>   3

                                  SCHEDULE 13G


- ---------------------                                    -----------------------
CUSIP NO. 03234G 10 6                                    Page 3 of 8 Pages
================================================================================
     1       NAME OF REPORTING PERSONS
             S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

             PAR Group, L.P.

- --------------------------------------------------------------------------------
     2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*          (a) |_|
                                                                        (b) |X|

- --------------------------------------------------------------------------------

     3       SEC USE ONLY

- --------------------------------------------------------------------------------
     4       CITIZENSHIP OR PLACE OF ORGANIZATION

             State of Delaware

- --------------------------------------------------------------------------------
       NUMBER OF           5     SOLE VOTING POWER

        SHARES                   608,900
                        --------------------------------------------------------
     BENEFICIALLY          6     SHARED VOTING POWER       
                                                             
     OWNED BY EACH               None                     
                        --------------------------------------------------------
       REPORTING           7     SOLE DISPOSITIVE POWER    
                                                             
        PERSON                   608,900                   
                        --------------------------------------------------------
         WITH              8     SHARED DISPOSITIVE POWER  
                                                             
                                 None                     
- --------------------------------------------------------------------------------
     9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             608,900 shares of Common Stock

- --------------------------------------------------------------------------------
    10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
             SHARES*                                                         |_|


- --------------------------------------------------------------------------------
    11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

             5.2%

- --------------------------------------------------------------------------------
    12       TYPE OF REPORTING PERSON *

             PN

================================================================================
                     * SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>   4

                                  SCHEDULE 13G


- ---------------------                                    -----------------------
CUSIP NO. 03234G 10 6                                    Page 4 of 8 Pages
================================================================================

     1       NAME OF REPORTING PERSONS
             S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

             PAR Capital Management, Inc.

- --------------------------------------------------------------------------------
     2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*          (a) |_|
                                                                        (b) |X|

- --------------------------------------------------------------------------------

     3       SEC USE ONLY

- --------------------------------------------------------------------------------
     4       CITIZENSHIP OR PLACE OF ORGANIZATION

             State of Delaware

- --------------------------------------------------------------------------------
       NUMBER OF           5     SOLE VOTING POWER

        SHARES                   608,900
                        --------------------------------------------------------
     BENEFICIALLY          6     SHARED VOTING POWER       
                                                             
     OWNED BY EACH               None                     
                        --------------------------------------------------------
       REPORTING           7     SOLE DISPOSITIVE POWER    
                                                             
        PERSON                   608,900                   
                        --------------------------------------------------------
         WITH              8     SHARED DISPOSITIVE POWER  
                                                             
                                 None                     
- --------------------------------------------------------------------------------
     9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             608,900 shares of Common Stock

- --------------------------------------------------------------------------------
    10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
             SHARES*                                                         |_|


- --------------------------------------------------------------------------------
    11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

             5.2%

- --------------------------------------------------------------------------------
    12       TYPE OF REPORTING PERSON *

             CO

================================================================================
                     * SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>   5



                            STATEMENT ON SCHEDULE 13G


Item 1(a).  NAME OF ISSUER:

            Amtran, Inc.

Item 1(b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

            7337 West Washington Street
            Indianapolis, Indiana 46231

Item 2(a).  NAMES OF PERSON FILING:

            Par Investment Partners, L.P.
            Par Group, L.P.
            Par Capital Management, Inc.

Item 2(b).  BUSINESS MAILING ADDRESS FOR THE PERSON FILING:

            Par Capital Management, Inc.
            One Financial Center, Suite 1600
            Boston, MA 02111

Item 2(c).  CITIZENSHIP:

            State of Delaware

Item 2(d).  TITLE OF CLASS OF SECURITIES:

            Common Stock, no par value

Item 2(e).  CUSIP NUMBER:

            03234G 10 6

Item 3.     IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(b), OR 13D-2(b), 
            CHECK WHETHER THE PERSON FILING IS A:

            Not Applicable

Item 4.     OWNERSHIP:

            (a)  Amount Beneficially Owned:
                     608,900 shares of Common Stock

            (b)  Percent of Class:
                     5.2%

            (c) Number of shares as to which such person has:

                    (i)  sole power to vote or to direct the vote: 
                            608,900 shares of Common Stock

                    (ii) shared power to vote or to direct the vote:


                                   Page 5 of 8

<PAGE>   6

                   (iii) sole power to dispose or to direct the disposition of:
                            608,900

                    (iv) shared power to dispose or to direct the
                         disposition of:

Item 5.     OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

            Not Applicable

Item 6.     OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

            Not Applicable

Item 7.     IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED 
            THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:

            Not Applicable

Item 8.     IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

            Not Applicable

Item 9.     NOTICE OF DISSOLUTION OF GROUP:

            Not Applicable

Item 10.    CERTIFICATION:

                By signing below I certify that, to the best of my knowledge and
            belief, the securities referred to above were not acquired and are
            not held for the purpose of or with the effect of changing or
            influencing the control of the issuer of the securities and were not
            acquired and are not held in connection with or as a participant in
            any transaction having that purpose or effect.


                                   Page 6 of 8

<PAGE>   7

                                    Signature
                                    ---------

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


Dated: May 4, 1998

                                     PAR INVESTMENT PARTNERS, L.P.
                                     By: PAR GROUP, L.P.
                                         its general partner
                                     By: PAR CAPITAL MANAGEMENT, INC.
                                         its general partner
                                     
                                     By: /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President
                                     
                                     
                                     PAR GROUP, L.P.
                                     By: PAR CAPITAL MANAGEMENT, INC.,
                                         its general partner
                                     
                                     By: /s/ Frederick S. Downs, Jr
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President
                                     
                                     
                                     PAR CAPITAL MANAGEMENT, INC.
                                     
                                     By: /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President
                                   

                                   Page 7 of 8

<PAGE>   8

                            JOINT FILING AGREEMENT


     In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934,
as amended, the undersigned agree to the joint filing on behalf of each of them
of a statement on Schedule 13G (including amendments thereto) with respect to
the Common Stock of Amtran, Inc. and further agree that this agreement be
included as an exhibit to such filing. Each party to the agreement expressly
authorizes each other party to file on its behalf any and all amendments to such
statement. Each party to this agreement agrees that this joint filing agreement
may be signed in counterparts.

     In evidence whereof, the undersigned have caused this Agreement to be
executed on their behalf this 4th day of May, 1998.

                                     PAR INVESTMENT PARTNERS, L.P.
                                     By: PAR GROUP, L.P.
                                         its general partner
                                     By: PAR CAPITAL MANAGEMENT, INC.
                                         its general partner
                                     
                                     By: /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President
                                     
                                     
                                     PAR GROUP, L.P.
                                     By: PAR CAPITAL MANAGEMENT, INC.,
                                         its general partner
                                     
                                     By: /s/ Frederick S. Downs, Jr
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President
                                     
                                     
                                     PAR CAPITAL MANAGEMENT, INC.
                                     
                                     By: /s/ Frederick S. Downs, Jr.
                                         ---------------------------------------
                                         Frederick S. Downs, Jr., Vice President



                                   Page 8 of 8





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