Traffic Rights in publicly owned enterprise

[xcoolgen]

When an airline listed in a stock exchange is owned by different companies across the world, what will determine the ultimate traffic rights of that airline?

For example, an American airline is owned by:

American company A 25%

American company B 25%

Japanese company C 25.1%

German company D 24.9%

The MD of the airline will be Japanese company C but would it mean that the airline loses its unrestricted right in the US because it is now managed by a foreign company?

[MaxPower]

If I remember correctly, then this company would be an airline with American traffic rights under a Japanese leadership. So this would be the only constellation in which you can operate passenger flights in another country.

[MacChaos]

@MaxPower

If I remember correctly, then this company would be an airline with American traffic rights under a Japanese leadership. So this would be the only constellation in which you can operate passenger flights in another country.

You’re right