Even some companies like to be super low-key. A company with a large flight department might get some investors panties in a bunch.
From what I understand, here in St. Louis, when Anheuser-Busch had a large flight department, you never would have known it. Despite all of the advertisement they pretty much do wherever they can, their planes were the definition of understated: pure white with black tail numbers. That's it.
Now that they are owned by someone else, I'd be willing to bet the number of airplanes they have has been significantly reduced.