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- DictionaryFlag carrier
noun
- 1. an airline owned or formerly owned by a specified state: "the European Commission blocked its attempt to buy Aer Lingus shortly after the Irish flag carrier was privatised"
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noun
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Airline or shipping company that enjoys preferential rights or privileges accorded by a government for international operations
A flag carrier is a transport company, such as an airline or shipping company, that, being locally registered in a given sovereign state, enjoys preferential rights or privileges accorded by the government for international operations. Historically, the term was used to refer to airlines owned by the government of their home country and associated with the national identity of that country. Wikipedia