No Bubbles in our Spa

No blower. It runs off of the same pump as the pool and the water circulation is fine but it had 2 valves at the top which you could turn and they allow air in which created the bubbles. Now water comes out of the valve
 
Is there a vent for each jet or just one for all jets. If the latter, one of the jets could have a blockage somewhere. Try removing all the jet nozzles inside the spa wall and flush out the system. Is this a gunite spa?
 
In a shared vent system, which is what I think you have, if one of the lines is blocked, then water can come out of the vent. So I would remove all the nozzles (requires a long socket wrench) and run the spa without the nozzles to see if anything is stuck in there. Also, check to make sure each jet has a nozzle installed and all jets are operational.
 
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