Value Alliance is a relatively new airline alliance, one of the “Little Three” (with Vanilla Alliance & U-FLY), formed in May of 2016. Currently, it has eight member budget airlines which allow it to bill itself as the second completely low-cost carrier (LCC) alliance (after U-FLY). All the airlines are currently based in East Asia.
For more info on airline alliances, check out: Which Airline Alliance Should I Join?
Cebu Pacific • Jeju Air • Nok Air • NokScoot • Scoot • Tigerair • Tigerair Australia • Vanilla Air