Launch date | 16 May 2016 [1] |
---|---|
Full members | 5 |
Destination airports | 187 |
Destination countries | 30 |
Annual passengers (M) | 92 |
Fleet size | 184 |
Alliance slogan | Asia 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.
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]
The offical websites have now been closed. Value Alliance is inactive.
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]
As of June 2020 [update] , 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 | |
Member airline | Joined | Exited | Notes |
---|---|---|---|
NokScoot | 16 May 2016 | 26 June 2020 | Liquidated due to the COVID-19 pandemic. |
Tigerair Australia | 16 May 2016 | 2018 | Operations suspended due to the COVID-19 pandemic. |
Tigerair | 16 May 2016 | 25 July 2017 | Merged into Scoot on 25 July 2017. |
Vanilla Air | 16 May 2016 | 30 March 2019 [7] | Merged into Peach Aviation on 26 October 2019. |
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.
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A low-cost carrier (LCC) or low-cost airline, 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.
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.
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Hong Kong Express or HK Express (HKE) 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 and A321 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. In addition to air service, the group is also the owner of a Holiday Inn Express in Seoul. The airline is named for Jeju Island.
Lucky Air is a Chinese 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.
Pacific Pearl Airways was an airline based in Subic Bay International Airport, Philippines. The airline flies from Manila, South Korea, Subic, Aklan, Cebu, Davao and Palawan. The Airline has also expressed their intentions to fly Scheduled Charter flights around the Philippine Islands.
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.
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.
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.
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.
Tigerair Taiwan is a Taiwanese 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.
U-FLY Alliance was 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 were 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.
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Media related to Value Alliance at Wikimedia Commons