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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 Allianceis anairline allianceformed in May 2016. It is the world's second alliance, after theU-FLY Alliance,to consist only oflow-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 AirandScoot.

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

The offical websites have now been closed. Value Alliance is inactive.

History

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The Value Alliance was established by eight airlines in theAsia-Pacificregion 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
PhilippinesCebu Pacific 16 May 2016
PhilippinesCebgo 16 May 2016 A subsidiary of Cebu Pacific
South KoreaJeju Air 16 May 2016
ThailandNok Air 16 May 2016
SingaporeScoot 16 May 2016

Former members

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Member airline Joined Exited Notes
ThailandNokScoot 16 May 2016 26 June 2020 Liquidated due to theCOVID-19 pandemic.
AustraliaTigerair Australia 16 May 2016 2018 Operations suspended due to theCOVID-19 pandemic.
SingaporeTigerair 16 May 2016 25 July 2017 Merged intoScooton 25 July 2017.
JapanVanilla Air 16 May 2016 30 March 2019[7] Merged intoPeach Aviationon 26 October 2019.

References

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  1. ^"Cebu Pacific Air – Why everyone flies".Archived fromthe originalon 2016-10-02.Retrieved2016-09-09.,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.Retrieved12 June2016.
  5. ^abFreed, Jamie (17 May 2016)."Tigerair Australia, Scoot and other budget carriers team up for alliance".Sydney Morning Herald.Retrieved12 June2016.
  6. ^ab"Value Alliance - About".www.valuealliance.com.Retrieved2 April2019.
  7. ^"Withdrawal from Value Alliance".Vanilla Air.13 March 2019.Retrieved1 April2019.
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Media related toValue Allianceat Wikimedia Commons