Question: Value Alliance is an airline alliance formed in May 2016 that comprises seven airlines, one of which is a Singaporean low-cost long-haul airline owned by who?
Sentence (from "Level (airline)"): Level is marketed as a low-cost long-haul carrier, and began operations in June 2017 with service from Barcelona to Los Angeles, Oakland, Buenos Aires and Punta Cana.
Relevant evidence: No