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The Significance Of "Lloyd"  
User currently offlineLHMark From United States of America, joined Jan 2000, 7255 posts, RR: 47
Posted (10 years 3 months 1 day 1 hour ago) and read 3583 times:

I posted this topic a couple of years ago, but no one seemed to know the answer, so let's try again:

Hapag-Lloyd, Aero Lloyd, Lloyd Aero Boliviano, etc.

Why do so many airlines (and shipping companies) use the word Lloyd? Where did it originate? What does it signify?

Lloyd happens to be my middle name, but I doubt that has anything to do with it.


"Sympathy is something that shouldn't be bestowed on the Yankees. Apparently it angers them." - Bob Feller
11 replies: All unread, jump to last
 
User currently offlineGSPSPOT From United States of America, joined Sep 2003, 3009 posts, RR: 2
Reply 1, posted (10 years 3 months 1 day 1 hour ago) and read 3545 times:

I've also been very curious about that...


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User currently offlineNomadic From United States of America, joined Apr 2004, 425 posts, RR: 0
Reply 2, posted (10 years 3 months 1 day ago) and read 3487 times:

I believe 'Lloyd' is similar to 'company' 'corporation' or even 'enterprise' when used in Germany. Aero Lloyd and Lloyd Aero Boliviano were originally founded by German interests.

HAPAH-Lloyd is a division of the HAPAG-Lloyd shipping line. They go back to the early 20th Century and created from the merger of the two big German shipping lines Hamburg America Line and North German Lloyd.


User currently offlineNoUFO From Germany, joined Apr 2001, 7943 posts, RR: 12
Reply 3, posted (10 years 3 months 1 day ago) and read 3454 times:

The term "Lloyd" is/was a traditional appendix for insurance and shipping companies that published shipping register.
Well known names are Norddeutscher Lloyd, Germanischer Lloyd and Lloyd besondere Schiffsversicherungen.



[Edited 2004-05-01 17:56:55]


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User currently offlineM404 From United States of America, joined Nov 2003, 2224 posts, RR: 5
Reply 4, posted (10 years 3 months 21 hours ago) and read 3350 times:
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Thanks for asking that. It's something I've also wondered about. On this side of the pond we think of Lloyd as a persons name, either the first or the last. So finally we understand it's also a corporate function. Thank you NoUFO.


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User currently offlineFlying-Tiger From Germany, joined Aug 1999, 4160 posts, RR: 36
Reply 5, posted (10 years 3 months 8 hours ago) and read 3243 times:

@Nomadic: Slight correction: since a few years Hapag-Lloyd Flug (HF) is no longer part of the logistics activities (Hapag-Lloyd Shipping Lines, a few others). HF was taken out and integrated into the tourism giant TUI, however the name was kept due to PR reasons. The shipping/logistics business is kept in one unit and is likely to be sold rather soon (will be interesting to see who is buying them).

Regards
Flying-Tiger
http://fly.to/rorders

[Edited 2004-05-02 10:30:52]


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User currently offlineBackfire From Germany, joined Oct 2006, 0 posts, RR: 0
Reply 6, posted (10 years 3 months 5 hours ago) and read 3149 times:

Where did it originate?


It's a good question - quite tough to pin down an answer.

From a bit of research, it seems like it originates from the Lloyd's of London maritime insurance company (itself named after Edward Lloyd's coffee house in London where merchants and maritime insurance folk used to meet, back in the late 1600s).

As the Lloyd's name became associated with respectability and reliability, shipping companies began incorporating it into their own name. This didn't just happen with British companies - other nationalities also tagged on the name "Lloyd" in order to give the impression of credibility (even dubious operations apparently used to bolster their reputation simply by adding the word "Lloyd"...)

As maritime services gave way to progress and the development of aviation, the name "Lloyd" transferred from shipping lines to air lines - Hapag-Lloyd being one example.


User currently offlineFlying-Tiger From Germany, joined Aug 1999, 4160 posts, RR: 36
Reply 7, posted (10 years 3 months 4 hours ago) and read 3127 times:

Not such a big surprise when you consider the history of aviation, especially in Germany. The first airlines were actually called "Luftfahrt Reederei" - which would nowadays be translated as "Aviation Shipping Line". However, as the Zeppelins were around at that time, and the appropriate term is "Luftschiff " (airship, at least at that time the legal term). Now, the term "lloyd" somehow transferred over to aviation, and due to the close economic ties with South-America at that time the term "Lloyd" went over to South-America, too, and was then found in several airlines.

Actually the term "lloyd" must have originated from the "Norddeutsche Lloyd or NDL" - Hapag-Lloyd was only founded in the 1970 as the result of a merger between the HAPAG and the NDL.

Regards
Flying-Tiger
http://fly.to/rorders



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User currently offlineVatveng From United States of America, joined Jan 2004, 953 posts, RR: 1
Reply 8, posted (10 years 3 months 3 hours ago) and read 3083 times:

Wait, it isn't in honor of Lloyd Bridges of "Airplane" fame?  Nuts


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User currently offlineAV757 From Colombia, joined Apr 2004, 660 posts, RR: 6
Reply 9, posted (10 years 3 months 1 hour ago) and read 3026 times:
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Here in Colombia there was an airline named Lloyd Aereo Colombiano from 1594 till 1965, they had a fleet of C46´s and some Vickers Viscounts.

User currently offlineAhlfors From Canada, joined Oct 2000, 1346 posts, RR: 5
Reply 10, posted (10 years 3 months 1 hour ago) and read 2993 times:

Wow... not only an airplane but also an airline in 1594... that's quite an accomplishment  Big grin

User currently offlineTravellin'man From United States of America, joined May 2001, 530 posts, RR: 0
Reply 11, posted (10 years 2 months 4 weeks 1 day 18 hours ago) and read 2904 times:

I also wouldn't be surprised if many of the LLoyds aren't former pieces of Lloyd's that were eventualy sold off. Lloyd's is one of the first examples of a mega-company that owned so much that they were as much a holding company for others as one in their own right providing a specific service ( in their case insurance). So maybe it wasn't just a moniker to usefor other companies, but a trace of the mother ship.

An analogous example (for different reasons) is how after Standard Oil was broken up in the early 20th century, all the new companies still called themselves Standard Oil:Standard oil of New Jersey (now Exxon), Standard Oil of California (now Chevron) etc etc.

I'm not sure of this, but I would be interested to know for sure.



It is not enough to be rude; one must also be incorrect.
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