What airline is the Japanese member of the low-cost Value Alliance wholly owned by?
Value Alliance 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). However, it is the first pan-regional LCC alliance. It comprises seven Asia-Pacific airlines: Cebu Pacific, Jeju Air, Nok Air, NokScoot, Scoot, Tigerair Australia and Vanilla Air, along with Tigerair who merged with Scoot under the Scoot brand.
New Gen Airways New Gen Airways（Chinese mean is 泰国新时代航空）, a trading name for Sabaidee Airways Company Limited, (Thai: บริษัท สบายดีแอร์เวย์ส จำกัด), is a Thai international airline that concentrates on flights from Thailand to China. It operates both scheduled- and non-scheduled (charter) services from 5 main Thailand hubs, Bangkok's Don Mueang International Airport , U-Tapao International Airport, Krabi International Airport , Phuket International Airport and Surat Thani International Airport in the southern cities of Krabi, Phuket and Surat Thani, to a total of 30 destinations in China.