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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Simply put: Airlines are ‘National’. Also known as a “Flag Carrier”.
Airlines are transport companies. Historically a transport company, such as an airline or shipping company, is locally registered in a given sovereign state and enjoys preferential rights or privileges accorded by the government for international operations.
Both Aircraft and Ships are required by international law to display the state flag of the country of their registry. And aircrafts registration numbers will include a prefix that indicates the country it is registered in. All US registration numbers start with **N**. The United Kingdom numbers start with **G**.
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