List of airline holding companies

Last updated

This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline.


A company or firm in which the holding company owns a significant portion of voting shares, usually 20–50% or a "minority of share ownership", is known as an associate company. A company in which the holding company owns more than 50% voting shares or a "majority of share ownership" is known as a subsidiary. The holding company thus can also be referred to as the parent company at that stage.

To create the world's largest carrier, American Airlines and US Airways merged on 9 December 2013, with the frequent flier programs combined on 7 January 2014, [1] and the airline codeshare beginning February 2014 using the American flight number. [2]


EgyptAir Holding Company
EgyptAirEgyptAir CargoEgyptAir Express
Ethiopian Airlines Group
Ethiopian AirlinesMalawi Airlines (49%) [3] ASKY (40%) [4]
Kenya Airways Holding Company [5]
Majority holdings:
Kenya AirwaysJambojetKenya Airways CargoKencargo Airlines International
Minority holdings:
Precision Air - 41.23% shareholding
South African Airline Holdings Limited
South African AirwaysSouth African ExpressMango

Asia; Central, Far East, South, and Southwest

Air China Group
Majority holdings:
Air ChinaAir China CargoAir MacauAmecoTibet AirlinesDalian AirlinesShandong AirlinesShenzhen Airlines
Minority holdings (by Air China):
Cathay Pacific (30%)
ANA Holdings
Majority holdings:
Air Japan
Air Nippon
All Nippon Airways
Vanilla Air
Minority holdings:
Philippine Airlines (9.5%)
China Airlines Group
China AirlinesMandarin AirlinesTigerair Taiwan
China Southern Air Holding
China Southern AirlinesChongqing AirlinesXiamenAirSichuan Airlines
Decor Aviation
Air Pegasus
The Emirates Group
EmiratesEmirates SkyCargo • Emirates Executive• FlyDubai
Etihad Airways
Majority holdings:
Etihad Airways (100%)
Minority holdings:
Alitalia (49%) • Air Serbia (49%) • Air Seychelles (40%) • Virgin Australia (24%)
Evergreen Group
Eva AirUni Air
Hanjin Group
Korean AirJin Air
HNA Group
Air Chang'anChina Xinhua AirlinesHainan AirlinesShanxi AirlinesBeijing Capital AirlinesFuzhou AirlinesGrand China AirGX AirlinesHong Kong AirlinesLucky AirTianjin AirlinesUrumqi AirWest AirSuparna AirlinesAfrica World AirlinesAzul Brazilian AirlinesComairMyCargo AirlinesVirgin Australia
InterGlobe Enterprises
Jagson Group
Jagson Airlines
Japan Airlines Corporation
Japan AirlinesJ-AirJapan Air Commuter
Kumho Asiana Group
Asiana AirlinesAir Busan (49%) • Air Seoul
LEPL Group
Air Costa
Qingdao AirlinesVirgin Australia
Air India Limited
Air IndiaAir India ExpressAir India Regional
Qatar Airways Group
Majority holdings:
Qatar Airways • Qatar Airways Cargo
Minority holdings:
IAG (Aer LingusBritish AirwaysIberia Airlines) (21%) • Cathay Pacific (10%) • LATAM (10%) • China Southern Airlines (5%)
Swire Pacific
Tata Sons
Vistara (51%)
AirAsia India (49%)
Wadia Group

Australasia, and Southeast Asia

AirAsia Group [6]

Coming soon:

Garuda Indonesia Group
Garuda IndonesiaCitilink
Lion Air Group
Lion AirBatik AirWings AirMalindo AirThai Lion Air
Sriwijaya Air Group
Sriwijaya AirNAM Air
PAL Holdings
Philippine AirlinesPAL Express
Malaysia Aviation Group [8]
Qantas Group [9]
Singapore Airlines [10]

Coming soon: Scoot Indosin

Vietnam Airlines [11]
Virgin Australia Holdings
CPAir Holdings [12]


Air France-KLM [13]
Air Greenland
Minority holdings:
Norlandair (25%)
Deutsche Post World Net
Aero Express Del EcuadorDHL Aero ExpresoDHL Air UKDHL de GuatemalaEuropean Air TransportSNAS/DHL
Fastjet TanzaniaFastjet Zimbabwe
Icelandair Group
Bluebird CargoIcelandairLoftleiðir IcelandicSmartLynx Airlines
International Airlines Group [14]
Lufthansa Group
Majority holdings:
Air DolomitiAustrian AirlinesBrussels AirlinesEurowingsLufthansa Airlines, Lufthansa Cargo, Lufthansa CityLineSwiss International Air LinesEdelweiss AirSunExpress (50% with Turkish Airlines)
Ryanair Holdings
RyanairRyanair UKRyanair SunLaudamotion
SAS Group
Majority holdings:
Scandinavian Airlines
Minority holdings:
Air Greenland (37.5%)
Czech Airlines (98%) • SmartwingsSmartwings HungarySmartwings PolandSmartwings Slovakia
TAP Group
PortugáliaPGA ExpressTAP Portugal
TUI Group, TUI Travel
TUI fly Netherlands - TUI fly Deutschland - Corsair International - TUI fly Belgium - TUI Airways - TUIfly Nordic
Turkish Airlines
Air Albania (49.1%) • AnadoluJetSunExpress (50% with Lufthansa)
Virgin Group
Majority holdings:

Virgin Atlantic (51%)

Minority holdings:
AirAsia X (20%) • Virgin Australia Holdings (8%)

North America

ACE Aviation Holdings
Majority holdings:
Air Canada
Air Transport Services Group
ABX AirAir Transport InternationalCapital Cargo International Airlines
Alaska Air Group
Alaska AirlinesHorizon AirVirgin America
American Airlines Group
Majority holdings:
American AirlinesEnvoy AirPiedmont AirlinesPSA Airlines
Minority holdings:
Mesa Air Group (10%) • Mesa AirlinesChina Southern Airlines (2.76%) [15]
Atlas Air Worldwide Holdings
Majority holdings:
Atlas Air (100%) • Polar Air Cargo (51%)
Minority holdings:
Global Supply Systems (49%)
Grupo Aeromexico
AeroMéxicoAeroMéxico Connect
Copa Holdings
AeroRepúblicaCopa Airlines
Delta Air Lines
Delta Air LinesEndeavor Air
Minority holdings:
Air France–KLM (9%) • China Eastern Airlines Corp. (3.6%) • Grupo Aeromexico (36.20%) • Korean Air (4.3%) [16] LATAM Airlines Group (20%) [17] Virgin Atlantic (49%)
Hawaiian Holdings
Hawaiian Airlines • 'Ohana by Hawaiian
Era Alaska - Era AviationEra Alaska - Frontier AlaskaArctic Circle Air
Indigo Partners
Frontier Airlines
MatlinPatterson Global Advisors
Majority holdings:
Major former airline holdings:
Arrow AirGlobal Aero Logistics ATA AirlinesGlobal Aviation Holdings North American AirlinesGlobal Aviation Holdings World Airways
Minority former airline holdings:
Pacific Air Holdings
Pacific WingsGeorgiaSkiesKentuckySkiesNew Mexico AirlinesTennesseeSkies
Republic Airways Holdings
Republic Airlines
Former airline holdings:
Chautauqua Airlines  : • Frontier Airlines  : • Midwest AirlinesShuttle America
Saltchuk Resources
Aloha Air CargoNorthern Air Cargo
SkyWest, Inc.
SkyWest Airlines
Southwest Airlines Co
Southwest Airlines
Trans States Holdings
GoJet Airlines
United Airlines Holdings
United Airlines
WestJetWestJet EncoreWestJet destinations

South and Central America

Synergy Aerospace Corp. [18]
Majority holdings:
• (66%) AviancaTaca Holding S.A. - Avianca S.A.TACA International Airlines S.A.
• (100%) Avianca S.A. - SAM S.A.Tampa CargoVarigLogOceanAirVIP S.A.AeroGalCapital AirlinesHelicol S.A.TurbServ
Kingsland Holding
Minority holdings:
• (34%) AviancaTaca Holding S.A. - Avianca S.A.TACA International Airlines S.A. Volaris (25%)
• (100%) TACA International Airlines S.A. - TACA RegionalLACSAAeroman
LATAM Airlines Group
Majority holdings:
LAN ArgentinaLAN CargoLAN ChileLAN EcuadorLAN ExpressLAN PerúLAN Colombia
ABSA Cargo AirlineLANCOMasAirTAM Linhas Aéreas S.ATAM AirlinesTAM Paraguay


  1. "American Airlines & US Airways integration begins today". Travel Codex. 2014-01-07. Retrieved 2019-05-05.
  2. Edward Russell (9 December 2013). "American and US Airways close merger". flightglobal.
  3. "Ethiopian Airlines buys 49pc Stake in Air Malawi airlines partner". The Herald. 17 July 2013. Archived from the original on 2016-03-03. Retrieved 15 September 2017.
  4. Monks, Kieron (31 August 2017). "Ethiopian Airlines plot takeover of Nigeria's flagship fleet". CNN. Retrieved 15 September 2017.
  5. Kenya Airways 2013 Annual Report
  6. AirAsia Group (2020-03-31). "Corporate Structure" . Retrieved 2020-05-01.
  7. AirAsia X (2019-03-31). "Corporate Structure" . Retrieved 2020-05-01.
  8. Malaysia Aviation Group. "Who we are and what we do" . Retrieved 2020-05-02.
  9. Qantas Group. "Subsidiary companies" . Retrieved 2020-05-01.
  10. Singapore Airlines (2019-06-28), Annual Report FY2018/19 (PDF), retrieved 2020-05-01
  11. Vietnam Airlines, Annual Report 2018 (PDF)
  12. Cebu Pacific (2016-06-30). "Shareholdings Structure" . Retrieved 2020-05-01.
  13. Air France-KLM Group, Universal Registration Document 2019 (PDF)
  14. International Airlines Group, Annual Report and Accounts 2019 (PDF)
  15. "China Southern eyes world domination and puts Oneworld plans aside". South China Morning Post. 2019-06-23. Retrieved 2019-06-28.
  16. Horton, Will. "Delta Invests In Korean Air To Defend Their JV And The Cho Dynasty". Forbes. Retrieved 2019-06-28.
  17. "AVIAN: Stock Quote - Aerovias del Continente Americano SA". Bloomberg. Retrieved 5 November 2014.

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