SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Oct 19, 2023

2. SEC Identification Number

154675

3. BIR Tax Identification No.

948-229-000

4. Exact name of issuer as specified in its charter

CEBU AIR, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Basement 2 – R 01 – 02, Robinsons Galleria Cebu, General Maxilom corner S. Osmena Boulevard, Barangay Tejero, Cebu City Postal Code 6000

8. Issuer's telephone number, including area code

+63288027084

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

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

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	621,986,867
Convertible Preferred	309,698,201

11. Indicate the item numbers reported herein

10

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 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Cebu Air, Inc. ("CEB") responds to the Philippine Stock Exchange's (the “Exchange”) query made on 19 October 2023

Source	Business World (Online Edition)
Subject of News Report	Cebu Pacific eyes purchase of 100-150 aircraft for up to $12 billion
Date of Publication	Oct 17, 2023

Clarification of News Report
We write in connection with the article entitled “Cebu Pacific eyes purchase of 100-150 aircraft up to $12billion” posted on BusinessWorld (Online Edition) on 17 October 2023, which reported that: “Philippines budget carrier Cebu Pacific is looking to order 100-150 aircraft from either Boeing or Airbus worth up to $12 billion, its president said on Tuesday. The $12 billion figure was based on list prices, said the airline’s president, Alexander Lao. ...." Cebu Air, Inc. (the "Company") would like to confirm the news reporting regarding discussions and considerations for an aircraft order. We want to provide clarity regarding our proposed plan, which involves issuing a formal Request for Proposal ("RFP") to both aircraft manufacturers, Boeing Co. (“Boeing”) and Airbus, S.A.S. (“Airbus”). Issuing the RFP is the first step in a meticulously planned process, which will involve a thorough technical and economic evaluation of Boeing’s and Airbus’ narrowbody aircraft. We would like to emphasize that a firm commitment to purchase aircraft from either manufacturer will only be made at the successful conclusion of such process. We trust that this clarifies the above-mentioned news article.
Other Relevant Information
CEB files this disclosure in compliance with the correspondence of the Exchange dated 19 October 2023 whereby the Exchange requested clarification and/or confirmation of the above-quoted news article and request Cebu Air, Inc. (“CEB”) to disclose other relevant information not reported in the foregoing news article, if any.