SN Brussels Airlines and regional investment companies, as well as the Brussels and Walloon governments) set up SN Airholding, headed by Étienne Davignon. After the 2001 collapse of Sabena, Belgium's flag carrier airline, Belgium was left without a national airline. In February 2002, SN Airholding took over the Belgian airline DAT, a subsidiary of Sabena, and changed its trading name to SN Brussels Airlines. In 2002, a strategic reorganization started, led by the former CEO Peter Davies. On 12 April 2005 SN Brussels took holding control of Virgin Express and on 31 March 2006 they announced their merger. On 7 November 2006 they
Association of European Airlines operated over 8,000 flights a day, serving 530 destinations in 140 countries, with a global turnover of €100 billion. AEA traces its history back to 1952, when the Presidents of Air France, KLM, Sabena and Swissair formed a joint study group, shortly afterwards expanded with the addition of BEA (a forerunner of British Airways) and SAS. In February 1954, the Air Research Bureau was established on a permanent basis, in Brussels. The name was subsequently changed to the European Airlines Research Bureau and - in 1973 - the AEA. Shortly after the ARB was established, the 1954 Strasbourg Conference on