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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Most airlines started off being run by governments, in part as a way of providing a pool of pilots who could be transferred to military use in a time of war as well as boosting national aircraft production. This has meant that many of the national airlines still have something like a golden share owned by the government who can turn down any takeover of the business.
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