Value Alliance

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Value Alliance
Value Alliance Logo.png
Launch date16 May 2016;7 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]
Website valuealliance.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.

Contents

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 Air, Airbus A320-200 RP-C3242 NRT (27660738625).jpg
Nok Air Boeing 737-800 Prasertwit-2.jpg
Scoot Boeing 787 on finals at Singapore Changi Airport.jpg
HL7779@HKG (20181006123151).jpg
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 airlineJoinedNotes
Flag of the Philippines.svg Cebu Pacific 16 May 2016
Flag of the Philippines.svg Cebgo 16 May 2016A subsidiary of Cebu Pacific
Flag of South Korea.svg Jeju Air 16 May 2016
Flag of Thailand.svg Nok Air 16 May 2016
Flag of Singapore.svg Scoot 16 May 2016

Former members

Member airlineJoinedExitedNotes
Flag of Thailand.svg NokScoot 16 May 201626 June 2020Liquidated due to the COVID-19 pandemic.
Flag of Australia (converted).svg Tigerair Australia 16 May 20162018Operations suspended due to the COVID-19 pandemic.
Flag of Singapore.svg Tigerair 16 May 201625 July 2017Merged into Scoot on 25 July 2017.
Flag of Japan.svg Vanilla Air 16 May 201630 March 2019 [7] Merged into Peach Aviation on 26 October 2019.

Related Research Articles

<span class="mw-page-title-main">Airline alliance</span> Cooperation agreement between two or more airlines

An airline alliance is an aviation industry arrangement between two or more airlines agreeing to cooperate on a substantial level. Alliances may provide marketing branding to facilitate travelers making inter-airline codeshare connections within countries. This branding may involve unified aircraft liveries of member aircraft.

Cebu Air, Inc., operating as Cebu Pacific, is a Philippine low-cost airline based at Pasay in Metro Manila. Founded in 1988, it is Asia's first low-cost airline. It offers scheduled flights to both domestic and international destinations. The airline operates flights from five bases in Cebu, Clark, Davao, Iloilo, and its largest base in Manila.

<span class="mw-page-title-main">Low-cost carrier</span> Airline with generally lower fares

A low-cost carrier or low-cost airline (LCC), also called no-frills, budget or discount carrier or airline, is an airline that is operated with an emphasis on minimizing operating costs. It sacrifices certain traditional airline luxuries, for cheaper fares. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees such as for carry-on baggage. As of April 2020, the world's largest low-cost carrier is Southwest Airlines, which operates primarily in the United States, as well as in some surrounding areas.

<span class="mw-page-title-main">Tigerair</span> Defunct low-cost airline of Singapore (2003–2017)

Tiger Airways Singapore Pte Ltd, operating as Tigerair, was a low-cost airline headquartered in Singapore. It operated services to regional destinations in Southeast Asia, Bangladesh, Taiwan, China and India from its main base at Singapore Changi Airport. It was founded as an independent airline in 2003, and was listed on the Singapore Stock Exchange under the Tiger Airways Holdings name in 2010. In October 2014, parent company Tiger Airways Holdings became a subsidiary of the SIA Group, who took a 56% ownership stake.

<span class="mw-page-title-main">Flynas</span> Saudi Arabian airline

Flynas, stylized flynas, formerly Nas Air, is a private Saudi low-cost airline "Joint-stock company", It is the first low-cost airline in Saudi Arabia. The company's headquarters is located in Riyadh. It operates more than 1,500 flights per week to more than 70 domestic and international destinations in the Middle East, Asia, Europe and Africa. It takes King Khalid International Airport in Riyadh, King Abdulaziz International Airport in Jeddah, King Fahd International Airport in Dammam, and Prince Mohammad bin Abdulaziz International Airport in Madinah as centers for its operations. Its fleet consists of 60 aircraft until November 2023.

Hong Kong Express Airways Limited (HKE), commonly known as Hong Kong Express or HK Express, is a Hong Kong–based low-cost airline fully owned by Cathay Pacific Airways. It provides scheduled air service to 27 destinations in Asia, including Cambodia, China, Japan, South Korea, Taiwan, Thailand and Vietnam. The airline's main hub at Hong Kong International Airport uses a fleet that consists exclusively of the Airbus A320 family. The company slogan is Gotta Go.

Jeju Air Co., Ltd. (Korean: 제주항공), is the first and largest South Korean low-cost airline. It is also a founding member of the Value Alliance.

<span class="mw-page-title-main">Lucky Air</span> Chinese airline

Lucky Air is a low-cost airline based in Kunming, Yunnan, China. The airline started with flights connecting Kunming with Dali and Xishuangbanna, and later expanded to other domestic and international destinations. Its main base is Kunming Changshui International Airport. The airline is one of the four founding members of the U-FLY Alliance.

<span class="mw-page-title-main">Tiger Airways Holdings</span> Defunct airline holding company of Singapore (2007–2016)

Tiger Airways Holdings Limited was a Singapore-based airline holding company for a group of low-cost carriers operating in the Asia-Pacific region. It was formed in 2007 to allow for easier management of the airline subsidiaries, as well as any future expansion, without having to focus on operational issues, leaving those to the airlines themselves. In 2016, Singapore Airlines purchased the company and it was delisted from the Singapore Exchange.

<span class="mw-page-title-main">Eastar Jet</span> Low-cost airline of South Korea

Eastar Jet is a South Korean low-cost airline with its headquarters in Banghwa-dong, Gangseo-gu, Seoul. On January 7, 2009, Eastar Jet made its maiden flight from Gimpo International Airport to Jeju International Airport. Now, the airline operates a scheduled passenger network to 14 destinations in eight countries. Its main base is Gimpo International Airport, with a hub at Jeju International Airport.

Air Philippines Corporation, operating as PAL Express and formerly branded as Air Philippines and Airphil Express, is a wholly-owned subsidiary airline of Philippine Airlines. It is PAL's regional brand, with services from its hubs in Manila, Clark, Cebu, and Davao.

Peach Aviation Limited, operating as Peach, is a Japanese low-cost airline. Its head office is at Kansai International Airport and in Tajiri, Osaka Prefecture.

<span class="mw-page-title-main">AirAsia Japan</span> Defunct low-cost airline of Japan (2011–2013; 2014–2020)

AirAsia Japan Co., Ltd was the name of two incarnations of a Japanese low-cost airline, which had operated as a joint venture between the Malaysian AirAsia and Japanese partners.

<span class="mw-page-title-main">Scoot</span> Low-cost airline of Singapore

Scoot Pte Ltd, operating as Scoot, is a Singaporean low-cost airline and a wholly owned subsidiary of Singapore Airlines. It began its operations on 4 June 2012 on medium and long-haul routes from Singapore, predominantly to various airports throughout the Asia-Pacific region. Scoot's airline slogan is Escape the Ordinary.

Vanilla Air Inc. was a low-cost airline in Japan wholly owned by All Nippon Airways. Its head office was within Terminal 2 of Narita International Airport in Narita, Chiba Prefecture. The airline ceased operations in October 2019 on its merger with Peach Aviation.

<span class="mw-page-title-main">Tigerair Taiwan</span> Low-cost airline of Taiwan

Tigerair Taiwan is a low-cost airline based at Taoyuan International Airport. It was formed as a joint venture between China Airlines Group (80%), Mandarin Airlines (10%) and Tiger Airways Holdings (10%). In 2017, China Airlines acquired the 10% shares held by Budget Aviation Holdings after Tigerair Singapore has merged with Scoot. Tigerair Taiwan is the only LCC in Taiwan following the collapse of TransAsia Airways and V Air in 2016 and also the only airline left with Tigerair branding, after Tigerair Australia ceased operations in March 2020.

<span class="mw-page-title-main">U-FLY Alliance</span> Regional airline alliance in east Asia

U-FLY Alliance is a regional airline alliance based in the Chinese Special Administrative Region of Hong Kong, and made up of low-cost airlines from Hong Kong, Mainland China, and South Korea. Upon founding, it became the world's first alliance of low-cost carriers, formed in January 2016 between founding members HK Express, Lucky Air, Urumqi Air, and West Air. All four founding airlines except HK Express are affiliated with the HNA Group, with a focus on Hong Kong, mainland China, and Southeast Asia, but they are currently seeking new members which are not affiliated with HNA Group. Eastar Jet, a South Korean low-cost carrier, joined the alliance on 27 July 2016. The main founder HK Express withdrew from U-FLY Alliance after becoming a wholly-owned low-cost subsidiary of Cathay Pacific, a Oneworld member, and the alliance became inactive(The official website is invalid).

Astro Air International, Inc., doing business as Pan Pacific Airlines, was a full-service airline based in the Philippines. It was established in 1973 under the name Astro Air International but was renamed as Spirit of Manila Airlines in 2011 and ceased commercial flights after three months of operations. In 2016, the airline relaunched under the current brand after it began operating to serve the South Korean market. The airline commenced operations on April 27, 2017, with its inaugural flight between Kalibo and Seoul. Its current main hubs are Mactan–Cebu International Airport and Kalibo International Airport with flights going to Seoul, Busan and Muan. However, as of December 2022, the airline does not operate any aircraft and therefore has stopped operating flights as well.

FlyArystan is a low-cost airline headquartered in Almaty, Kazakhstan. It is the country's first low cost carrier. The company slogan is Say YES! to Travel.

References

  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. 1 2 Freed, Jamie (17 May 2016). "Tigerair Australia, Scoot and other budget carriers team up for alliance". Sydney Morning Herald. Retrieved 12 June 2016.
  6. 1 2 "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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