Who was a founding member of the world's second alliance (after the U-FLY Alliance) to consist only of low-cost carriers (LCCs)?
Jeju Air Jeju Air (), based in Jeju City, Jeju-do, South Korea, is a South Korean low-cost carrier, the first to be founded in the country. It offers scheduled domestic services between several cities in South Korea and Seoul as well as some destinations outside of Korea. It is also a founding member of the Value Alliance.
VietJet Air VietJet Aviation Joint Stock Company (Vietnamese: "Công ty Cổ phần Hàng không VietJet" ), trading as VietJet Air or Vietjet, is an international low-cost airline from Vietnam. It was the first privately owned new-age airline to be established in Vietnam, being granted its initial approval to operate by the Vietnamese Minister of Finance in November 2007. As of its launch in December 2011, it became the second private airline to offer domestic service in Vietnam, as well as the fifth airline overall to offer civil domestic flights. VietJet Air is owned by Sovico Holdings, HDBank, other organisational investors and individual stakeholders.