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English definition of “flag carrier”

flag carrier

noun [C]
 
 
(also flag airline)
TRANSPORT an airline that is or was owned by a government, often with the name of the country in its name: Air India, the country's flag carrier The Australian government raised A$1.45 billion from the sale of its 75% stake in the national flag carrier.
(Definition of flag carrier from the Cambridge Business English Dictionary © Cambridge University Press)
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