Vanilla Air (Tokyo Narita) has announced it will withdraw from Value Alliance on March 30, 2019, and will thereafter no longer sell tickets for other alliance members' flights.

In a statement, the Japanese LCC did not provide any reasons for its leaving the alliance. However, the carrier is in the process of being merged into Peach Aviation (MM, Osaka Kansai) which is not a member of the alliance.

Value Alliance was formed in 2016 as a partnership of East, South-East Asian, and Australian LCCs. Its members include Cebu Pacific Air (5J, Manila Ninoy Aquino International) and Cebgo (DG, Manila Ninoy Aquino International) in the Philippines, Jeju Air (7C, Jeju) in South Korea, Nok Air (DD, Bangkok Don Mueang) and NokScoot (Bangkok Don Mueang) in Thailand, Scoot (TR, Singapore Changi) in Singapore, Tigerair Australia (Melbourne Tullamarine) in Australia, and Vanilla Air.

According to the ch-aviation capacity module, following Vanilla Air's withdrawal, other alliance members will continue to serve Fukuoka, Kagoshima, Matsuyama, Nagoya Chubu, Okinawa Naha, Osaka Kansai, Sapporo Chitose, Shizuoka, and Tokyo Narita in Japan. The only destinations in the country served exclusively by Vanilla Air from among the Value Alliance members are Amami O Shima, Hakodate, and Ishigaki.

Vanilla Air, a subsidiary of ANA - All Nippon Airways (NH, Tokyo Haneda), currently operates fifteen A320-200s.