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
TAE Greek National Airlines TAE Greek National Airlines TAE Greek National Airlines (, , literally "Technical and Aeronautical Holdings—National Air Lines"), originally branded in English as "TAE National Greek Airlines", was formed by the Greek government in 1951 to be the national airline of Greece. The airline operated without competition on domestic routes in Greece and served a small number of European and Middle Eastern cities. The airline was sold to Aristotle Onassis in 1957 and he renamed the carrier Olympic Airways. In the post-World War II era, there were four airlines operating in Greece: Of these, T.A.E., Air Transport of Greece and Daedalus