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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Countries view aviation resources as national assets, even if those assets are in privately owned companies. Having aircraft, skilled labor, and logistics networks is a national level issue and can be drawn upon for security reasons especially in a time of conflict. Therefore many countries are reluctant to allow foreign companies to have a dominating influence in their domestic aviation enterprise. This is not necessary 100% true across the board for all countries, but that is the general idea.
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