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?
In: 201
Fun fact: there are a TON of “local” airlines that are run by some international conglomerate.
So that exists.
Beyond that, there is regulatory. Nations take air security seriously so united might not want to deal with the hassle of landing in Kazakhstan. Also why would they? How many people fly from the US to Kazakhstan?
So there are two drivers
Regulatory
Demand
Anything else is a distillation of the above
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