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
Eritrean Airlines Eritrean Airlines Eritrean Airlines, shortened to Eritrean, is the national airline of Eritrea. Based at Asmara International Airport, it is wholly owned by the government of Eritrea. Scheduled service had been discontinued since 2008, and the airline operated only a few hajj flights every year. The airline was restarted under new management in 2011 and in 2011, Nasair, a privately owned company, merged with government-owned Eritrean Airlines, to form Nasair Eritrea. Eritrean Airlines has been banned from flying into the European Union since December 2012. The airline was nominally established in , serving as the ground handling agent at Asmara