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-Tropics Air Services Aero-Tropics Air Services Lip-Air Pty Ltd, operating as Aero-Tropics Air Services (ATAS), was an airline based in Cairns, Queensland, Australia. Its main base was Cairns Airport, with its operating hub at Horn Island Airport. Lip-Air Pty Ltd was a privately owned company established by the Lippmann family in 1995. The company's Aero Tropics Air Services (ATAS) division started operating air charters in 1997, serving the region of Torres Strait, Cape York and the Gulf of Carpentaria. ATAS obtained a Regular Public Transport licence in February 2000 from the Civil Aviation Safety Authority (CASA) and began operating daily scheduled services to/