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
Lloyd International Airways Lloyd International Airways Lloyd International Airways Ltd was a private, British independent airline formed in 1961 to operate worldwide charter flights. It commenced operations with a single Douglas DC-4 piston airliner from Cambridge Marshall Airport. Lloyd International concentrated on passenger and cargo charters with four-engined, long-range aircraft. It also had links in Hong Kong since its inception and flew to the Far East regularly. During the mid-1960s, the airline began re-equipping its fleet with Bristol Britannia and Canadair CL-44 turboprops, all of which featured large cargo doors and palletised freight systems. Long-range Boeing 707 jets joined the Lloyd International fleet