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Definition of Flag carrier
1. Noun. A person carrying a standard or flag, usually at sporting events and parades, previously on the battlefield. ¹
2. Noun. (business) A transportation company, such as a shipping or airline company, that is registered in a given state ¹
3. Noun. (politics) A strong supporter of a cause, or perhaps the strongest and most visible supporter of said cause. ¹
4. Noun. A national airline (typically having the flag, or other national insignia, on the tail) ¹
5. Noun. (military nautical) An aircraft carrier serving as a flagship ¹
¹ Source: wiktionary.com