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, 2021

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 Osmeña Boulevard, Cebu City, Cebu Postal Code 6000

8. Issuer's telephone number, including area code

(632)88027000

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	606,172,523
Convertible Preferred Stock	323,091,545

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, 2021
Currency (indicate units, if applicable)	Php

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2021	Dec 31, 2020
Current Assets	24,260,617,704	12,138,683,588
Total Assets	136,754,604,083	128,458,581,576
Current Liabilities	31,351,850,994	33,790,839,089
Total Liabilities	115,345,483,202	105,767,704,961
Retained Earnings/(Deficit)	896,592,964	14,689,245,206
Stockholders' Equity	21,409,120,881	22,690,876,615
Stockholders' Equity - Parent	20,674,767,664	21,166,469,453
Book Value per Share	14.8	37.8

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	3,195,123,985	1,420,338,116	5,904,200,163	17,334,421,388
Gross Expense	9,037,842,121	7,711,018,963	18,589,031,946	24,317,965,547
Non-Operating Income	94,575,880	740,295,710	133,131,370	515,537,842
Non-Operating Expense	956,873,836	2,304,945,632	1,322,954,478	3,367,805,877
Income/(Loss) Before Tax	-6,705,016,092	-7,855,330,769	-13,874,654,891	-9,835,812,194
Income Tax Expense	-231,449,445	103,212,108	-82,002,649	-694,284,324
Net Income/(Loss) After Tax	-6,473,566,647	-7,958,542,877	-13,792,652,242	-9,141,527,870
Net Income Attributable to Parent Equity Holder	-6,473,566,647	-7,958,542,877	-13,792,652,242	-9,141,527,870
Earnings/(Loss) Per Share (Basic)	-11.18	-13.26	-23.38	-15.31
Earnings/(Loss) Per Share (Diluted)	-5.23	-13.26	-11.12	-15.31

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-45.19	-11.96
Earnings/(Loss) Per Share (Diluted)	-21.67	-11.96

Other Relevant Information
Not applicable.