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SN Brussels Airlines and Virgin Express in only one holding

Brussels, Belgium - Signed a letter of intent that plans the fusion

Virgin Express, low-cost carrier owned by the English multimillionaire Branson and SN Brussels Airlines, Belgian carrier born from the ashes of Sabena, announced to have signed a no-binding letter of intent with whom they promise to merge in only one holding. This fusion is supposed to happen by the creation of only one holding controlled by the SN reference members and leaving the two carriers independent. Virgin...

AVIONEWS - World Aeronautical Press Agency - 60179
Rome, Italy, 03/17/2004 12:40
AVIONEWS - World Aeronautical Press Agency

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