Air Transport World

SN Brussels Airlines and Virgin Express.(Europe report)(Brief Article)

SN Brussels Airlines and Virgin Express shareholders, as expected, signed a binding agreement to create a single airline group based in Brussels. Under the terms of the deal, inspired by the Air France-KLM construction, SN Brussels and Virgin Express will come under the common ownership of SN Airholding II and both brands will continue to coexist for the next two years. Virgin Express Holdings will hold 29.9% of SN Air, as it is called, while the current shareholders of SN Airholding II will receive a majority 70. …

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