Question: Value Alliance comprises seven Asia-Pacific airlines such as which Philippine low-cost airline based on the grounds of Ninoy Aquino International Airport (NAIA Terminal 3), Pasay City, Metro Manila, in the Philippines?

full_context: Document 1: Ninoy Aquino International Airport: The Ninoy Aquino International Airport (Filipino: "Paliparang Pandaigdig ng Ninoy Aquino" ) or NAIA , formerly known and still commonly referred to as Manila International Airport (IATA: MNL, ICAO: RPLL) , is the airport serving Manila and its surrounding metropolitan area. Located along the border between the cities of Pasay and Parañaque, about 7 km south of Manila proper and southwest of Makati, NAIA is the main international gateway for travelers to the Philippines and serves as a hub for AirAsia Philippines, Cebgo, Cebu Pacific, PAL Express, and Philippine Airlines. It is managed by the Manila International Airport Authority (MIAA), a branch of the Department of Transportation (DOTr).
Document 2: U-FLY Alliance: U-FLY Alliance () is the world's first alliance of low-cost carriers, formed in January 2016 between founding members HK Express, Lucky Air , Urumqi Air, and West Air. All four founding airlines are affiliated with the HNA Group, with a focus on Hong Kong, mainland China, and Southeast Asia, but they are currently seeking new members which are not affiliated with HNA Group. Eastar Jet, a South Korean low-cost carrier, joined the alliance on 27 July 2016.
Document 3: Cebgo: Cebgo, Inc., operating as Cebgo, is a low-cost airline serving the Philippines. It is the successor company to SEAir, Inc., which previously operated as South East Asian Airlines and Tigerair Philippines. It is now owned by JG Summit, the parent company of Cebu Pacific which operates the airline. Its main base has been transferred from Clark International Airport (formerly Diosdado Macapagal International Airport), Angeles to Ninoy Aquino International Airport, Metro Manila.
Document 4: Cebu Pacific: Cebu Air, Inc., operating as Cebu Pacific (), is a Philippine low-cost airline based on the grounds of Ninoy Aquino International Airport (NAIA Terminal 3), Pasay City, Metro Manila, in the Philippines. It offers scheduled flights to both domestic and international destinations. Its main base is Ninoy Aquino International Airport, Manila, with other hubs at Mactan-Cebu International Airport, Clark International Airport, Kalibo International Airport Francisco Bangoy International Airport, and Iloilo International Airport.
Document 5: Oneworld: Oneworld (marketed as oneworld; CRS: *O) is an airline alliance founded on 1 February 1999. The alliance's stated objective is to be the first-choice airline alliance for the world's frequent international travelers. Its central alliance office is currently based in New York City in the United States. Its member airlines include Air Berlin, American Airlines, British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines, LATAM Airlines, Malaysia Airlines, Qantas, Qatar Airways, Royal Jordanian, S7 Airlines and SriLankan Airlines, plus some 21 affiliated airlines. As of August 2016, Oneworld is the third largest global alliance in terms of passengers with more than 557.4 million passengers carried, behind Star Alliance (689.98 M) and SkyTeam (665.4 M). Its slogan is "An alliance of the world's leading airlines working as one."
Document 6: Philippines AirAsia: Philippines AirAsia, Inc. (formerly Zest Airways, Inc. dba AirAsia Zest), is a low-cost airline based at Ninoy Aquino International Airport in Metro Manila in the Philippines. The airline is the Philippine affiliate of AirAsia, a low-cost airline based in Malaysia. The airline started as a joint venture between three Filipino investors and AirAsia Investments Ltd., a subsidiary of AirAsia Berhad.
Document 7: Vanilla Alliance: The Vanilla Alliance (French: "Alliance Vanille" ) is an airline alliance formed in September 2015 to improve air connectivity within the Indian Ocean region by strengthening cooperation between the airlines of Indian Ocean Commission members. Ultimately, the alliance wishes to increase tourism, trade, and business ties in the region. The founding members are Air Austral, Air Madagascar, Air Mauritius, Air Seychelles and Int'Air Îles.
Document 8: SkyTeam: SkyTeam is an airline alliance. Founded in June 2000, SkyTeam was the last of the three major airline alliances to be formed, the first two being Star Alliance and Oneworld. s of 2014 , SkyTeam consists of 20 carriers from five continents and operates with the slogan "Caring more about you". It also operates a cargo alliance named SkyTeam Cargo, which partners ten carriers, all of them SkyTeam members. Its centralised management team, "SkyTeam Central", is based at the World Trade Center Schiphol Airport on the grounds of Amsterdam Airport Schiphol in Haarlemmermeer, Netherlands.
Document 9: Value Alliance: Value Alliance is an airline alliance formed in May 2016. It is the world's second alliance (after the U-FLY Alliance) to consist only of low-cost carriers (LCCs). However, it is the first pan-regional LCC alliance. It comprises seven Asia-Pacific airlines: Cebu Pacific, Jeju Air, Nok Air, NokScoot, Scoot, Tigerair Australia and Vanilla Air, along with Tigerair who merged with Scoot under the Scoot brand.
Document 10: 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.
Document 11: Star Alliance: Star Alliance is one of the world's largest global airline alliances. Founded on 14 May 1997, its current CEO is Jeffrey Goh and its headquarters is located in Frankfurt am Main, Germany. s of November 2016 , Star Alliance is the largest global alliance by passenger count with 689.98 million, ahead of SkyTeam (665.4 million) and Oneworld (557.4 million). Its slogan is "The Way The Earth Connects".
Document 12: West Air (China): West Airlines Co. Ltd. (), operating as West Air, is a low-cost airline based in New North Zone, Chongqing, People's Republic of China, operating a scheduled passenger network to 18 domestic destinations out of Chongqing Jiangbei International Airport and one international one to Changi Airport in Singapore. The company was established in March 2006 by its parent company Hainan Airlines, with the launch of scheduled services on 14 July 2010. The airline is one of the four the founding members of the U-FLY Alliance.
Document 13: Interisland Airlines: Interisland Airlines is an airline headquartered in Ninoy Aquino International Airport in Pasay City, Manila, the Philippines. A subsidiary of Interisland Resorts & Services, Inc. and It operates domestic scheduled services and passenger and cargo domestic and international charter services. Its main base is Ninoy Aquino International Airport, Manila. It was announced that Interisland Resorts & Services, Inc. (the new became Interisland Holdings, Inc.) and the alliance joined TUI Airlines operations on April 9, 2014.
Document 14: AirAsia Zest: Zest Airways, Inc. operated as AirAsia Zest (formerly Asian Spirit and Zest Air), was a low-cost airline based at the Ninoy Aquino International Airport in Pasay City, Metro Manila in the Philippines. It operated scheduled domestic and international tourist services, mainly feeder services linking Manila and Cebu with 24 domestic destinations in support of the trunk route operations of other airlines. In 2013, the airline became an affiliate of Philippines AirAsia operating their brand separately. Its main base was Ninoy Aquino International Airport, Manila.
Document 15: PAL Express: PAL Express, formerly Air Philippines and Airphil Express, is an airline operating under the business name of Air Philippines Corporation. It operates domestic and international scheduled services from Manila, Cebu, Davao and Zamboanga. The airline has been re-branded a number of times, first as Air Philippines, then Airphil Express, and is now known as PAL Express. After a series of financial losses, Air Philippines ceased operations until it was acquired by investors from Philippine Airlines. After the acquisition, the airline was re-launched as PAL Express, operating some routes and slot assignments of its sister company Philippine Airlines until management decided to re-brand the carrier as a budget airline known as Airphil Express. However, in March 2013, the company's CEO announced that the name would be reverted to PAL Express. As a codeshare partner of Philippine Airlines, PAL Express operates as a full service carrier within a low-cost model.
ground_truth: Cebu Pacific