Value Alliance

Value Alliance is an airline alliance formed in May 2016. It is the world's second alliance (after the U-FLY Alliance) to consist only of low-cost carriers (LCCs). However, it is the first pan-regional LCC alliance. It comprises five (originally nine) Asia-Pacific airlines: Cebu Pacific, Cebgo, Jeju Air, Nok Air and Scoot.

Value Alliance
Launch date16 May 2016 (2016-05-16)[1]
Full members6
Destination airports183
Destination countries30
Annual passengers (M)92
Fleet size201
Alliance sloganAsia Pacific's Best Value Airlines [2]
Websitevaluealliance.com

Value Alliance is the fourth-largest airline alliance in terms of passengers, flights, destinations, combined fleet and members, ahead of U-FLY Alliance and Vanilla Alliance.[3]

History

The Value Alliance was established by eight airlines in the Asia-Pacific region on 16 May 2016.[4] The alliance allows passengers to book flights with all of the eight carriers through each partner website, to create itineraries across the region through a single booking.[5] The combined carriers collectively serve more than 160 destinations, primarily in the Asia-Pacific region,[5] with a total fleet of 176 aircraft and an annual passenger total of 47 million in 2015.[6]

Member airlines

Current members
Cebu Pacific, Nok Air, Scoot and Jeju Air are four of the five current founding members of the alliance .

As of November 2019, the following airlines are members of Value Alliance:[6]

Member airline Joined Notes
Cebu Pacific 16 May 2016
Cebgo 16 May 2016 A subsidiary of Cebu Pacific
Jeju Air 16 May 2016
Nok Air 16 May 2016
Scoot 16 May 2016

Former members
Member airline Joined Exited Notes
NokScoot 16 May 2016 26 June 2020 Defuncted on 26 June 2020.
Tigerair Australia 16 May 2016 2018 Defuncted July 2020
Tigerair 16 May 2016 25 July 2017 Merged into Scoot (Singapore edition) on 25 July 2017.
Vanilla Air 16 May 2016 30 March 2019[7] Merged into Peach Aviation on 26 October 2019.

References
  1. "Archived copy". Archived from the original on 2016-10-02. Retrieved 2016-09-09.CS1 maint: archived copy as title (link), CEB joins world’s first pan-regional LCC alliance.
  2. Value Alliance Home
  3. 8 Asian airlines form new alliance.
  4. Middleton, Rachel (17 May 2016). "Eight budget airlines in Asia Pacific form world's largest alliance of low-cost carriers". International Business Times. Retrieved 12 June 2016.
  5. Freed, Jamie (17 May 2016). "Tigerair Australia, Scoot and other budget carriers team up for alliance". Sydney Morning Herald. Retrieved 12 June 2016.
  6. "Value Alliance - About". www.valuealliance.com. Retrieved 2 April 2019.
  7. "Withdrawal from Value Alliance". Vanilla Air. 13 March 2019. Retrieved 1 April 2019.

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