A HK Express plane, part of the U-Fly Alliance
HONG Kong-headquartered U-Fly Alliance has released a statement congratulating the Value Alliance soon after news spread of its formation, at the same time saying that this development is of no threat to them.
The Value Alliance, formed May 16, is made up of eight Asia-Pacific budget carriers – namely Cebu Pacific, Jeju Air, Nok Air, NokScoot, Scoot, Tigerair Singapore, Tigerair Australia and Vanilla Air – and is now the biggest LCC alliance in the world.
“The launch of this new alliance poses no threat to the competitive landscape. In fact, it would encourage creative collaboration and foster healthy growth in the LCC industry,” said U-Fly in the statement.
It added: “The U-Fly Alliance is clear that meeting the huge demand for low-fare air travel across the world can be significantly enhanced by strong, independent LCCs joining forces and connecting their networks to give a hugely expanded range of destinations to travellers, particularly in the fast-expanding Asian air travel market.”
Similar to the Value Alliance, the U-Fly Alliance is a sales and distribution partnership among its members.
The U-Fly Alliance was formed earlier this year in January, marking the world’s first LCC alliance, and is made up of founding airlines Lucky Air, Urumqi Air, West Air and HK Express.
The Value Alliance airlines collectively serves more than 160 destinations while the U-Fly Alliance carriers grant access to over 85 destinations, all within the Asia-Pacific region.
