Valuair
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| Ceased operations | 2005 merged with Jetstar Asia | ||||||
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| Hubs | Singapore Changi Airport | ||||||
| Fleet size | 0 | ||||||
| Destinations | 0 | ||||||
| Parent company | Westbrook Investments | ||||||
| Headquarters | Singapore Changi Airport | ||||||
| Key people | Barathan Pasupathi (CEO) | ||||||
| Website | Valuair.com.sg | ||||||
Valuair (Chinese: 惠旅航空) was a Singapore-based low-cost carrier. It was launched in 2004, offering initial services to Bangkok and Hong Kong. It differentiates itself from other low-cost carriers in that it offers frills such as a baggage allowance of over 20 kg, in-flight food, allocated seats, and 32 inch seat pitch. Acquired in 2005 by Jetstar Asia Airways, the Valuair brand was retained for Jetstar Asia's scheduled services to major cities in Indonesia until October 2014.
The Southwest Finger of Level 3 of Terminal 1 at Singapore Changi Airport housed the head office of the airline.
On 24 July 2005, Jetstar Asia and Valuair merged to form Orange Star, in the first major consolidation of Southeast Asia's crowded low-cost airline industry. Jetstar Asia and Valuair said they would continue to operate their normal routes under their own brands in the meantime, with little or no change to the service offered by either airline. Qantas chief executive officer and Jetstar Asia chairman Geoff Dixon chaired the new company. Jetstar Asia chief executive officer Chong Phit Lian was appointed as the chief executive of both airlines. The new company was to receive a cash injection of more than S$50 million in fresh capital into the new entity, largely to be provided by Qantas. Shareholders of Valuair, including airline industry veteran Lim Chin Beng, Malaysia's Star Cruises and Asiatravel.com, have now become minority shareholders in the merged company.
From 11 September 2005, Valuair began flying twice daily from Singapore to Jakarta. The new daily flight began as VF208 from Singapore to Jakarta, and VF207 from Jakarta to Singapore. As of 1 February 2008, flights to Jakarta increased to four times daily. From 23 October 2005, Valuair commenced daily flights from Singapore to Surabaya, VF531 operated from Singapore to Surabaya, and VF532 vice versa. Flights to Hong Kong were suspended.
From 26 January 2006, Valuair commenced three weekly flights from Singapore to Denpasar Bali. As at 1 February 2008, the service has been upgraded to become four times per week.
Until 2014, the airline flew exclusively to Indonesian destinations - namely Jakarta, Medan, Surabaya and Denpasar. In response to the Civil Aviation Authority of Singapore's rejection of AirAsia-backed airline Indonesia Air Asia's application to fly to Singapore, Indonesia embarked on a policy of protectionism. This prohibited low-cost carriers of Singapore and Indonesia from adding more flights. Jetstar Asia had not yet established routes into Indonesia, so the merger is seen as the airline's strategy to get an early entrance into the lucrative Indonesian market.
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Wikipedia