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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) as its members. However, it is the first pan-regional LCC alliance. It comprises eight Asia-Pacific airlines: Cebu Pacific, Jeju Air, Nok Air, NokScoot, Scoot, Tigerair, Tigerair Australia and Vanilla Air.
Value Alliance is the fourth largest airline alliance; in terms of passengers, flights, destinations, combined fleet and members; overtaking U-FLY Alliance and Vanilla Alliance.

As of September 2016, the following airlines are members of Value Alliance:
  • Cebu Pacific (Philippines, 16 May 2016)
  • Jeju Air (South Korea, 16 May 2016)
  • Nok Air (Thailand, 16 May 2016)
  • Thailand NokScoot 16 May 2016)
  • Scoot (Singapore, 16 May 2016)
  • Tigerair (Singapore, 16 May 2016 until 2017, merged with Scoot)
  • Tigerair Australia (Australia, 16 May 2016)
  • Vanilla Air (Japan, 16 May 2016)