Valuair Limited is a low-cost airlines based in Singapore. 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 is retained for Jetstar Asia's scheduled services to major cities in Indonesia.

Valuair today only flies to Indonesian destinations - namely Jakarta, 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.

Valuair flights are operated by Jetstar Asia crew, with the in-flight menu and entertainment virtually the same as Jetstar Asia's. Sometimes, JetStar flights are used with Valuair aircraft.

In February 2008, Jetstar Asia announced that it would begin flights to Medan later in the year. As existing protectionism policies are in place, the flights were operated under Valuair's code.

Valuair currently offers flights between its base in Singapore to Jakarta, Denpasar and Surabaya, with Bangkok as a codeshare with Jetstar Asia. Since the merger with Jetstar Asia, the airline has cut routes to Perth, Hong Kong, Xiamen, Chengdu and Bangkok, as part of a consolidation exercise between both airlines.

Online booking can be made at the official website of Valuair Airways - http://www.jetstar.com/vf/en/index.html