Virgin Express Holdings ADR stock certificate 2001
Nice stock cert with the famous Virgin logo. This Richard Branson airline that was short-lived. Issued and not cancelled, Dated 2001.
N.V. Virgin Express S.A. was an airline created within the Virgin Group. It operated flights mainly to southern Europe from its hub at Brussels Airport. Ticket sales were mainly through the Internet. The airline has merged with SN Brussels Airlines to form Brussels Airlines which started operations on 25 March 2007. Virgin Express has its head office in Building 116 at Brussels Airport in Zaventem, Belgium, near Brussels.
Virgin Express started on 23 April 1996, when the Virgin Group (with chairman Richard Branson) bought the Belgian leisure airline EBA (EuroBelgian Airlines) and rebranded it into Virgin Express. It also took over EBA's fleet of Boeing 737s and operated this type of aircraft from thereon. The airline soon concentrated on low-budget scheduled flights out of its Brussels hub, and became a major competitor for Sabena and later SN Brussels Airlines.
In October 2004, the Virgin Group sold its assets to SN Brussels Airlines, and both airlines were integrated into the parent holding company SN Airholding, chaired by Viscount Etienne Davignon. On 31 March 2006, SN Brussels Airlines and Virgin Express announced their fusion into a single company, named Brussels Airlines. The combined airline added long haul destinations and strengthened its position in Africa.