Airlines: Singapore Airlines | Scoot Frequent-flyer program: KrisFlyer

Former properties:
Divested properties: Virgin Australia Holdings² (Virgin Australia | Tigerair Australia) | SATS
Defunct properties: SilkAir | Tigerair | Vistara¹

Notes:
¹Joint venture with Tata Group.
²Was a joint venture with Virgin, HNA Group and Etihad Airways.

Cebu Pacific | Cebgo³ | Jeju Air | Nok Air | Scoot

Former Members
NokScoot | Tigerair¹ | Tigerair Australia | Vanilla Air²

Notes
¹Merged with Scoot, a Value Alliance founding member.
²Merged with Peach.
³A subsidiary of Cebu Pacific.