Saudia, the national flag carrier, duly bought American, leaving Airbus fuming in the desert.
Flag carrier Air China said yesterday first-half profit plunged 74% amid rising costs and slower international business.
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Four were from unidentified buyers, and one was from Luxembourg's flag carrier, Luxair.
Meanwhile, two-time Wimbledon champion Nadal was named as the flag carrier for Spain at the London 2012 Olympics on Wednesday.
Even Cathay Pacific, Hong Kong's unofficial flag carrier, has reported robust results for the half year to the end of June.
Japan Airlines, the nation's flag carrier, has known that for years.
The Boeing planes are intended for flag carrier Air China, China Eastern and China Southern which last month said it intended to acquire 20 Boeing 737-800s pending government approval.
In a filing to the Philippine Stock Exchange, San Miguel, the part-owner of flag carrier PAL, along with billionaire Lucio Tan, confirmed the joint venture, in which PAL will hold 49%.
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When Sir Richard Branson this week announced plans to enter space tourism with a company called Virgin Galactic, his Virgin group also unveiled a new online music store and a start-up airline in Nigeria that will become that nation's flag carrier.
When Mr Shamir arrived on the scene he was fresh from helping guide the national flag carrier, El Al, towards privatisation and he was willing to take on the job only if he had the same freedom to lead IAI in a similar direction.
Emirates has also thrived by entering markets in the rest of the Middle East, Africa, South-East Asia, India and Latin America that had hitherto been poorly connected to the global air-transport network because of over-regulation, the absence of a strong local flag carrier and the indifference of established airlines.
Senior Minister Lee Kuan Yew said the country and its flag-carrier should learn from the disaster.
He denied that he had extended favours to Lucio Tan, the owner of the tottering national flag-carrier, Philippine Airlines.
Business travellers to and from London are all hunting for alternatives to Britain's flag-carrier, rather than be caught up in a strike.
The European Commission has launched an investigation into whether the Greek government violated EU fair competition rules by helping Olympic Airways, the country's struggling flag-carrier.
When Seiji Maehara, the transport minister, forced Japan Airlines (JAL), the national flag-carrier, into a court-administered bankruptcy, he reportedly had to flout the wishes of his senior civil servants.
With difficulty, he pulled together a consortium of Italian entrepreneurs to take over the ailing flag-carrier and gave it a monopoly on the most profitable route, between Rome and Milan.
Tony Fernandes, the bullish chief executive, says that his dream of a new airport was born out of frustration with Malaysia Airports, KLIA's operator, which is controlled by Khazanah Nasional, the government's investment fund, as is Malaysia Airlines, the national flag-carrier.
Before and after flight operations he will likely be meeting with department heads, participating in daily briefings with the embarked flag officer and the CAG, and completing numerous administrative responsibilities generated by a command as large as the carrier.
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