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)

Jul 2, 2024

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

Cebu City, 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 Tejera, Cebu City Postal Code 6000

8. Issuer's telephone number, including area code

0288027084

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	624,436,133
Convertible Preferred	309,471,601

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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Cebu Pacific, Airbus Sign MOU for up to 152 Aircraft
Background/Description of the Disclosure
Cebu Pacific (CEB), the Philippine’s leading carrier, has signed a binding Memorandum of Understanding (MOU) with Airbus for the purchase of up to 152 A321neo aircraft for USD $24 billion (PHP 1.4 trillion) based on list prices, the largest aircraft order in Philippine aviation history. CEB has selected Pratt & Whitney GTF™ engines to power the future aircraft. The MOU covers firm orders for up to 102 A321neo, plus 50 A320neo Family purchase rights. “The order is designed to provide Cebu Pacific with maximum flexibility to adapt fleet growth to market conditions, with the ability to switch between the A321neo and A320neo,” said CEB Chief Executive Officer Michael Szucs. “When finalized, the deal will¿be a significant milestone for the local airline industry and a testament to CEB’s unwavering commitment to support the Philippine growth story.” The purchase agreement to finalize this transaction is expected to be completed in the third quarter of the year. (END)
Other Relevant Information
This information contains forward-looking statements that are, by their nature, subject to significant risks and uncertainties. Such forward-looking statements are based on numerous assumptions regarding present and future business strategies. Important factors can cause some assumptions not to materialize or cause actual results, performance, or achievements to differ materially from those in the forward-looking statements.