I thin my Model color range (and Game color, which are even more thick) with Vallejo thinner, and the "proper thinner ratio" is not all that important in such case - I just thin it approximately. It's not as if they can become "too thin" with such thinning - or you can thin the with Vallejo mediums.
If you use water, though, be careful - you can easily thin them too much. I'd say, 10% - 15% of water is enough, may be even less. Try it first.
As for Air range of Vallejo, I never thin them at all. Just use them out of the bottle.