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
Nordic European Airlines Nordic European Airlines Nordic European Airlines was a charter airline based Stockholm, Sweden. Nordic European Airlines began its life in 1991 as Nordic East Airways operating one Douglas DC-9-21 aircraft on charters to the Mediterranean region. In 1992 the airline received two MD-80s. Because they needed an aircraft with a longer range than the MD-80s, the airline acquired Boeing 737-300 aircraft and the DC-9s and MD-80s were returned to the leasing companies while additionally a 737-400 was acquired. In 1995 Nordic East acquired two Lockheed L-1011s from Cathay Pacific and with those, and a third aircraft added later, the charter