On 14. June 1995 Jakob Ringler, since 1983 one of the directors of Tyrolean Air Ambulance (founded 1963 as Aircraft Innsbruck), founded Welcome Air Luftfahrt GmbH.
Through a management buy out in 2000 Tyrolen Air Ambulance (renamed then Tyrol Air Ambulance), which had closely links to the local airline "Tyrolean Airways" as well as to the helicopter company "Heliair" (formerly "Aircraft Innsbruck"), became part of Jakob Ringler's "Welcome Air" after he took over the majority (in 2011 93,27% belonging to Welcome Air)
On 22. May 2000 Welcome Air starts its first flight with Do-328 from Innsbruck to Graz
2009 Welcome Air taken over by Lions Air Group (Switzerland) which also taken over the majority of Air Alps. The umbrella company Welcome Aviation Group set up to merge the companies Tyrol Air Ambulance, Air Alps and Welcome Air and their head offices into one in Innsbruck
In Juli 2011 Welcome Aviation Group announced a restructure and therefore Welcome Air will concentrate its activities on business & event charters and will end the Innsbruck - Graz service, but will continue the summer operations to Innsbruck/Graz-Olbia and Innsbruck-Nice. Air Alps will concentrate its activities on the Italian schedule operations and Tyrol Air Ambulance on its ambulance operations.