It comprises five, originally eight, Asia-Pacific airlines: Cebu Pacific, Cebgo, Jeju Air, Nok Air and Scoot.

[3] According to the Wayback Machine, the Value Alliance website was found to have been shut down since some day between May 19 and August 15, 2023, with a message saying "This website is no longer supported.

The Value Alliance was established by eight airlines in the Asia-Pacific region on 16 May 2016.

[5] 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.

[6] The combined carriers collectively serve more than 160 destinations, primarily in the Asia-Pacific region,[6] with a total fleet of 176 aircraft and an annual passenger total of 47 million in 2015.