C07698-2024

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)
Dec 3, 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 Postal Code 6000
8. Issuer's telephone number, including area code
(632) 8802-7000
9. Former name or former address, if changed since last report
N/A
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 624,402,133
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 4-13 - 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 December 03, 2024

Source InsiderPH.com
Subject of News Report “AirSWIFT brand to be phased out after takeover? Cebu Pacific weighs options”
Date of Publication Dec 2, 2024
Clarification of News Report

We write in connection with the article entitled “AirSWIFT brand to be phased out after takeover? Cebu Pacific weighs options” posted in InsiderPH.com on December 2, 2024, which reported that:

“Cebu Pacific is considering retiring the AirSWIFT brand after assuming operations but sees no urgency, noting its strong traction with foreign customers.

The P1.75-billion deal, which requires the approval of regulators, will allow Cebu Pacific to add El Nido to its network, further strengthening its position as the country’s largest carrier by fleet size and domestic market share.

'I think, over time, we will integrate it,' Cebu Pacific president and chief commercial officer Xander Lao told InsiderPH in a recent interview.

He noted the process could take a few years but emphasized there was no rush due to AirSWIFT’s strong appeal among foreign travelers.

. . . .”

The Company acknowledges that it has explored the potential integration of the AirSWIFT brand into its operations. However, the Company wishes to clarify that this is not an initiative currently planned for the near future. While the integration remains a possibility, no definitive plans or timelines have been formulated at this stage.

Should there be any developments or material updates on this matter, the Company will ensure timely and transparent disclosure in accordance with applicable regulations.

We trust this provides clarification on the news article in question.

Other Relevant Information

CEB submits this disclosure in response to the Exchange's correspondence dated December 03, 2024, which requested clarification and/or confirmation of the mentioned news article.

Filed on behalf by:
Name Anne Romadine Tieng
Designation General Counsel and Corporate Secretary