There are global players in many industries and to get to be global often they acquire large national companies in countries to expand to those markets.
Why is it with Airlines that there are no global companies owning airlines across multiple nations?
Virgin is the closest I can think of and even they do not actually own the airlines, just the name in some places (Australia).
My only thought is that airlines are not exactly huge profit centres?
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There are so many good answers, I can not hope to respond. As I was transiting Changi airport yesterday it made me wonder why.
It makes sense about financing as most large carriers have been bailed out by their government many times.
But it also seems to resonate that the government of each country would want to limit the foreign companies flying over their territory as well.
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