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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Because there is a political dimension to it. Finnair is going to have the advantage in Finland, Lufthansa in Germany and British Airways in UK. Every country likes to boost their own domestic players, it’s not entirely free market.
Also the domestic customers, their is brand recognition of “our” airline vs everyone else’s. In US, given a equal choise between American Airlines or Air China, which one are americans going to pick?
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