SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Jun 30, 2022

2. SEC Identification Number

154675

3. BIR Tax Identification No.

00094822900000

4. Exact name of issuer as specified in its charter

Cebu Air, Inc.

5. Province, country or other jurisdiction of incorporation or organization

Cebu City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor. Sergio Osmena Boulevard, Cebu City, Cebu Postal Code 6000

8. Issuer's telephone number, including area code

(632) 8802-7000

9. Former name or former address, and former fiscal year, if changed since last report

Not applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock	615,389,811
Convertible Preferred Stock	314,968,257

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Cebu Air, Inc.CEB

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Jun 30, 2022
Currency (indicate units, if applicable)	Php

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2022	Dec 31, 2021
Current Assets	26,829,682,882	26,326,925,128
Total Assets	141,889,917,214	138,253,761,325
Current Liabilities	41,405,592,947	35,406,169,941
Total Liabilities	140,507,978,886	127,644,016,112
Retained Earnings/(Deficit)	-19,710,138,870	-10,209,357,681
Stockholders' Equity	1,381,938,328	10,609,745,213
Stockholders' Equity - Parent	1,060,959,958	10,130,576,451
Book Value per Share	-18.62	-3.21

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	13,972,761,524	3,195,123,986	20,681,579,848	5,904,200,163
Gross Expense	16,790,364,391	9,058,569,906	28,838,187,184	18,589,031,946
Non-Operating Income	2,527,529,578	94,553,997	342,435,121	133,131,370
Non-Operating Expense	2,082,018,818	956,873,837	3,197,401,103	1,322,954,478
Income/(Loss) Before Tax	-2,372,092,107	-6,725,765,760	-11,011,573,818	-13,874,654,891
Income Tax Expense	-484,108,704	-231,449,445	-1,510,792,129	-82,002,649
Net Income/(Loss) After Tax	-1,887,983,403	-6,494,316,315	-9,500,781,189	-13,792,652,242
Net Income Attributable to Parent Equity Holder	-1,887,983,403	-6,494,316,315	-9,500,781,189	-13,792,652,242
Earnings/(Loss) Per Share (Basic)	-3.36	-11.1	-16.05	-23.38
Earnings/(Loss) Per Share (Diluted)	-3.36	-11.1	-16.05	-23.38

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-34.83	-45.19
Earnings/(Loss) Per Share (Diluted)	-34.83	-45.19

Other Relevant Information
Not applicable