FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Third Point LLC 2. Date of Event Requiring Statement (Month/Day/Year) 08/16/2005 3. Issuer Name and Ticker or Trading Symbol OneTravel Holdings, Inc. [OTV] (Last) (First) (Middle) 390 PARK AVENUE,  4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) NEW YORK, NY 10022 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 1,700,000 I See footnote (1)

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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Third Point LLC 390 PARK AVENUE NEW YORK, NY 10022	Â	  X	Â	Â
Loeb Daniel S 390 PARK AVENUE NEW YORK, NY 10022	Â	  X	Â	Â
Third Point Offshore Fund, Ltd. C/O WALKERS SPV LIMITED, WALKER HOUSE, MARY STREET, P.O. BOX 908GT GEORGE TOWN, GRAND CAYMANÂ	Â	  X	Â	Â

Signatures

THIRD POINT LLC, By: /s/ Daniel S. Loeb, Chief Executive Officer		02/23/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	All securities disclosed in this Form 3 are owned by certain funds managed by Third Point LLC (the "Funds"). Daniel S. Loeb is the Chief Executive Officer of Third Point LLC. By reason of the provisions of Rule 16a-1 under the Securities Exchange Act of 1934, as amended, Third Point LLC and Mr. Loeb may be deemed to be the beneficial owners of the securities beneficially owned by the Funds. Mr. Loeb also serves as a director of Third Point Offshore Fund, Ltd. (the "Offshore Fund," and together with Third Point LLC and Mr. Loeb, the "Reporting Persons"), one of the Funds (which directly owns 1,187,350 shares of common stock of the issuer). The Reporting Persons hereby disclaim beneficial ownership of all such securities, except to the extent of any indirect pecuniary interest therein.

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