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]

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 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, 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

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.


  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". Retrieved 2 April 2019.
  7. ^ "Withdrawal from Value Alliance". Vanilla Air. 13 March 2019. Retrieved 1 April 2019.

Media related to Value Alliance at Wikimedia Commons