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companies. Governments then took the lead due to the high capital costs of establishing and running
airlines. The heavily regulated aviation industry also meant aviation rights are often negotiated
between governments, denying airlines the right to an open market. These Bilateral Air Transport
Agreements similar to the Bermuda I and Bermuda II agreements specify rights awardable only to
locally registered airlines, forcing some governments to jump-start airlines to avoid being
disadvantaged in the face of foreign competition. Some countries also establish flag carriers for
nationalist reasons, or to aid the country's economy, particularly in the area of tourism.
In many cases, governments would directly assist in the growth of their flag carriers typically through
subsidies and other fiscal incentives. The establishment of competitors in the form of other locally
registered airlines may be prohibited, or heavily regulated to avoid direct competition. Even where
privately-run airlines may be allowed to be established, the flag carriers may still be accorded
priority, especially in the apportionment of aviation rights to local or international markets. In the
United States, for example, funding for international travel is restricted to "US flag air carriers" under
the Fly America Act, however, this coincidental terminology should not be confused with traditional
flag carriers.[citation needed]
In the last decade, however, many of these airlines have since been corporatized as a public company
or a state-owned enterprise, or completely privatized. The aviation industry has also been gradually
deregulated and liberalized, permitting greater Freedoms of the air particularly in the United States
and in the European Union with the signing of the Open Skies agreement. This has rendered the
designation of "flag carriers" less important than it was in the past.
The term is also used loosely to refer to any dominant or major airline sized carrier in a country, or in
reference to a mainline carrier with a history of a state sponsored legacy of airline service, even long
after their privatization.
List of flag-carrying airlines
The chart below lists airlines considered to be a "flag carrier", either by designation as a national
airlines either officially or based on history and whether it is state-owned.
Country or Region
Airline
Designated State-owned
Afghanistan
Yes
Majority
Albania
Albanian Airlines
Yes
No
Andorra
AeroKing Andorra
Yes
Algeria
Air Algrie
Yes
Minority
Angola
Yes
Full
land Islands
Air land
Argentina
Aerolneas Argentinas
Yes
Full
Armenia
Armavia
Yes
No
Australia
Qantas
Yes
No
Austria
Austrian Airlines
Yes
No
Azerbaijan
Azerbaijan Airlines
Yes
Full
Bahamas
Bahamasair
Yes
Full
Gulf Air
Yes
Full
Bahrain Air
Yes
Bangladesh
Yes
Full
Barbados
LIAT
No
No
Belarus
Belavia
Yes
Full
Belgium
Brussels Airlines
Yes
No
Belize
No
No
Benin
Yes
No
Bhutan
Drukair
Yes
Full
Bolivia
AeroSur
Yes
Minority (48%)
B&H Airlines
Yes
50.93%
Botswana
Air Botswana
Yes
Full
Brazil
TAM Airlines
Yes
No
Brunei
Yes
Full
Bulgaria
Bulgaria Air
Yes
No
Burkina Faso
Air Burkina
Yes
Majority
Burundi
Air Burundi
Yes
Full
Bahrain
Bosnia and
Herzegovina
Cambodia
Yes
Majority
Canada
Air Canada
Yes
No (privatized in 1988)
Cape Verde
Yes
Full
Cayman Islands
Cayman Airways
Yes
Chad
Chile
LAN Airlines
Avianca
Comoros
Republic of the
Congo
No (privatized in 1989)
Yes
Majority
Yes
No
Democratic
Hewa Bora Airways
Republic of the Congo
Costa Rica
Cte d'Ivoire
Air Ivoire
Croatia
Croatia Airlines
Yes
Majority
Cuba
Cubana de Aviacin
Yes
Full
Cyprus
Cyprus Airways
Yes
Majority
Czech Republic
Czech Airlines
Yes
Full
Denmark
Yes
Joint-Venture
Djibouti
Air Djibouti
No
No
Yes
Full
Dominican
Republic
PAWA Dominicana
Ecuador
TAME
Egypt
EgyptAir
El Salvador
TACA
Eritrean Airlines
Yes
Full
Estonia
Estonian Air
Yes
Minority
Ethiopia
Ethiopian Airlines
Yes
Full
Faroe Islands
Atlantic Airways
Fiji
Air Pacific
Finland
Finnair
Yes
Majority
France
Air France
No
Minority
French Guiana
Air Guyane
Yes
Yes
Gabon
Gabon Airlines
Gambia
Yes
Georgia
Georgian Airways
Yes
No
Guernsey
Yes
Full
Germany
Lufthansa
Yes
No
Ghana
Yes
Greece
Olympic Air
No
Greenland
Air Greenland
Yes
Guadeloupe
Air Carabes
Guatemala
Guinea
Yes
Guyana
Caribbean Airlines
No
Haiti
Tortug' Air
Hong Kong
Cathay Pacific
Yes
No
No
Dragonair
No
No (wholly-owned subsidiary
of Cathay Pacific)
Hungary
Yes
Majority
Iceland
Icelandair
Yes
No
Indonesia
Garuda Indonesia
Yes
Full
Air India
Yes
Full
Full
Iran
Iran Air
Yes
Full
Iraq
Iraqi Airways
Yes
Full
Ireland
Aer Lingus
Yes
Minority (28%)
Israel
El Al
Yes
Minority (30%)
Italy
Yes
No (privatised in 2009)
Jamaica
Caribbean Airlines
Yes
Minority (14%)
Japan
Japan Airlines
Yes
No
Jordan
Yes
Minority (19%)
Kazakhstan
Air Astana
Yes
51%
Kenya
Kenya Airways
Yes
Minority (23%)
Kiribati
Air Kiribati
Yes
North Korea
Air Koryo
Yes
Full
South Korea
Korean Air
Yes
No (privatized in 1969)
Kosovo
Kosova Airlines
Kuwait
Kuwait Airways
Yes
Full
Kyrgyzstan
Kyrgyzstan Airlines
Yes
Majority
Laos
Lao Airlines
Yes
Full
India
Latvia
Air Baltic
Yes
Majority
Lebanon
Yes
Full
Liberia
Air Liberia
Yes
Libya
Yes
Luxembourg
Luxair
Yes
Minority
Macau
Air Macau
Yes
Minority
Madagascar
Air Madagascar
Yes
Majority
Malawi
Air Malawi
Yes
Full
Malaysia
Malaysia Airlines
Yes
Minority
Maldives
Maldivian
Yes
Full
Mali
Yes
No
Malta
Air Malta
Yes
Majority
Marshall Islands
Yes
Full
Martinique
Air Carabes
Yes
No
Mauritania
Mauritania Airways
Mauritius
Air Mauritius
Mexico
Aeromexico
Moldova
Air Moldova
Yes
Mongolia
Yes
Montenegro
Montenegro Airlines
Yes
Montserrat
Air Montserrat
Morocco
Yes
Mozambique
Yes
Myanmar
Yes
Minority
Yes
Minority
Yes
Namibia
Air Namibia
Yes
Nauru
Our Airline
Yes
Nepal Airlines
Yes
KLM
Yes
No
Majority
Nepal
Netherlands
Netherlands
Antilles
New Caledonia
Aircalin
New Zealand
Yes
Nicaragua
Yes
Nigeria
Air Nigeria
Yes
Norfolk Island
Norfolk Air
Norway
Yes
Minority
Oman
Oman Air
Yes
Majority (82.4%)
Pakistan
Majority (87%)
Palestinian Airlines
Full
Palestinian
Authority
Panama
Papua New
Guinea
Copa Airlines
No
Full
Yes
No
Air Niugini
Paraguay
Minority (5%)
Peru
LAN Per
No
Philippines
Philippine Airlines
Yes
Joint-Venture
Poland
Yes
Majority (67.97%)
Portugal
TAP Portugal
Yes
Full
Qatar
Qatar Airways
Yes
50%
Runion
Air Austral
Romania
TAROM
Yes
Majority (95%)
Rossiya
Yes
Full
Aeroflot
Yes
51.17%
Rwanda
RwandAir
Yes
Samoa
Polynesian Blue
Yes
49%
Full
Russia
Air Saint-Pierre
So Tom and
Prncipe
STP Airways
Saudi Arabia
Yes
Senegal
Yes
Serbia
Jat Airways
Yes
Seychelles
Air Seychelles
Yes
Sierra Leone
Yes
Singapore
Singapore Airlines
Yes
Majority (54.5%)
Slovakia
Danube Wings
No
No
Slovenia
Adria Airways
Solomon Islands
Solomon Airlines
Yes
Somalia
Somali Airlines
Yes
South Africa
Yes
Spain
Iberia
Yes
Sri Lanka
SriLankan Airlines
Yes
Sudan
Sudan Airways
Yes
Suriname
Surinam Airways
Yes
Full
Minority (50%)
Sweden
Swaziland
Switzerland
Syria
Yes
Joint-Venture
Yes
No
Syrian Air
Yes
Full
No
Majority (54%)
Republic of China
China Airlines
(Taiwan)
Tajikistan
Tajik Air
Yes
Tanzania
Air Tanzania
Yes
Thailand
Yes
Togo
Air Togo
Yes
Caribbean Airlines
Yes
Tunisia
Tunisair
Yes
Turkey
Turkish Airlines
Yes
Turkmenistan
Turkmenistan Airlines
Yes
Trinidad and
Tobago
Majority (53%)
Majority (84%)
Majority
Yes
Air Uganda
Yes
Yes
Aerosvit Airlines
Yes
Etihad Airways
Yes
Yes
Emirates
Yes
Yes
Air Arabia
Yes
Minority (45%)
RAK Airways
Yes
United Kingdom
British Airways
Yes
United States
Uganda
Majority
Ukraine
United Arab
Emirates
No (privatised in 1987)
Uruguay
PLUNA
Yes
Minority (25%)
Uzbekistan
Uzbekistan Airways
Yes
Majority
Vanuatu
Air Vanuatu
Yes
Venezuela
Conviasa
Yes
Full
Vietnam
Vietnam Airlines
Yes
Full
Yemen
Yemenia
Yes
Zimbabwe
Air Zimbabwe
Yes