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Value Alliance

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Value Alliance
Launch date16 May 2016; 8 years ago (2016-05-16)[1]
Full members5
Destination airports187
Destination countries30
Annual passengers (M)92
Fleet size184
Alliance sloganAsia Pacific's Best Value Airlines [2]
Websitevaluealliance.com


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). It is the first pan-regional LCC alliance. It comprises five, originally eight, Asia-Pacific airlines: Cebu Pacific, Cebgo, Jeju Air, Nok Air and Scoot.

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

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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

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Current members

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

As of June 2020

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

Member airline Joined Notes
Philippines Cebu Pacific 16 May 2016
Philippines Cebgo 16 May 2016 A subsidiary of Cebu Pacific
South Korea Jeju Air 16 May 2016
Thailand Nok Air 16 May 2016
Singapore Scoot 16 May 2016

Former members

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Member airline Joined Exited Notes
Thailand NokScoot 16 May 2016 26 June 2020 Liquidated due to the COVID-19 pandemic.
Australia Tigerair Australia 16 May 2016 2018 Operations suspended due to the COVID-19 pandemic.
Singapore Tigerair 16 May 2016 25 July 2017 Merged into Scoot on 25 July 2017.
Japan Vanilla Air 16 May 2016 30 March 2019[7] Merged into Peach Aviation on 26 October 2019.

References

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  1. ^ "Cebu Pacific Air – Why everyone flies". Archived from the original on 2016-10-02. Retrieved 2016-09-09., 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. ^ a b Freed, Jamie (17 May 2016). "Tigerair Australia, Scoot and other budget carriers team up for alliance". Sydney Morning Herald. Retrieved 12 June 2016.
  6. ^ a b "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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Media related to Value Alliance at Wikimedia Commons