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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Correct me if im wrong but we “attempt” to crush monopolies in businesses before they reign too dominantly…and airlines are powerful enough to complain whenever some company gets…too powerful, so they wont take massive buy ups into mega corporations lightly…also try affording a buy up of another leading airline to become that global monopoly..that will cost a lot more than twitter.
We do have quite the global airline for hauling supplies.. theres only a handful.. this space thrives though because they basically buy older aircraft from the passenger business..ups and fed ex and amazon come to mind…ups very much acts reliably and globally.
Also for things like large large haul aircraft.. antonovs come to mind, theres a reason why the world grieved the loss of the an-225 mriya… that thing was an important link to some very specific large haul freight services..no other plane or company can do.. they were running a global business here… so if you go global you got to own something…very special that can make you a global player.
Another thing.. airlines are notoriously difficult to hold up and alive. All you need is a few flight delays, strikes or something like covid or an economic struggle.. for airlines to cave in within weeks.. having planes sit around hurts airlines a lot.. lufthansa which is massive for instance.. constantly gets bailed out by the goverment just like many other airlines….so an airline may just not have grown that big yet.
What you see with those really massive players: they basically buy airlines and planes of airlines that just caved in… but ultimately the bigger they are the harder they fall.
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