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
Royal Victorian Aero Club Royal Victorian Aero Club The Royal Victorian Aero Club is an Australian aero club based at Moorabbin Airport in Melbourne. Originating in 1914 (six years before the national airline Qantas) it is amongst the world's oldest Aviation organisations. Founded by pioneer aviators in 1914 at Point Cook, the club is one of Australia's oldest flying training organisations. The Australian Aero Club was formed on 28 October 1914 (and formally established on 9 April 1915) and was subsequently affiliated with the Royal Aero Club of Great Britain. The original hand-written minutes of this historic meeting establishing the club are preserved today.