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
Ad Astra Aero large flying boat, Dornier Wal. On 31 December 1930, was the retroactive merger done with "Air Basel AG" (Balair), as per decision of the General Assembly on 17 March 1931. The merger was forced by the Swiss Federal Air Administration due to the bad financial situation and also subsidized Balair, to form a new Swiss airline, Swissair, whose technical director became Walter Mittelholzer. Ad Astra Aero Ad Astra Aero (Latin for "to the stars") was a Swiss airline based at Zürichhorn in Zürich. Initiated by Oskar Bider and Fritz Rihner, in July 1919 the "Schweizerische Gesellschaft für Lufttourismus" (literally: Swiss