Hapag-Lloyd market was planned in 2004. As part of that process, its business units other than the container line and cruise line were planned for divestiture. In 2008 TUI announced an intention to sell its entire stake in Hapag-Lloyd shipping activities before the end of that year. Industry speculation predicted a sale price of approximately $US5.9 billion. Hapag-Lloyd founded the charter airline Hapag-Lloyd Flug in 1972, buying a few Boeing 727s to fly its cruise passengers from Germany to the cruises' ports of call. The airline eventually added some regular passenger flights as well. Hapag-Lloyd Flug used the IATA code HF
Aero Continente Chile Aero Continente Chile Aero Continente Chile was a passenger airline from Chile, that operated scheduled domestic and international flights out of Santiago International Airport on behalf of its parent company, Aero Continente from Peru. In 1999, Aero Continente decided to set up a subsidiary in Chile in order to get access to the Chilean domestic market, in addition to its native Peruvian one, where it was just about to acquire a monopoly position at that time. Thus, Aero Continente Chile was founded, operating domestic flights within Chile under different airline codes than its parent. From 2000, it also operated international