LTE was established on 29 April 1987, the founding shareholders being Spanish businessmen and the privately owned airline LTU from Germany. It started operations on 1 November 1987. From 1993 until May 2001, LTU was the sole owner having bought out the other original shareholders. On 24 May 2001 LTU sold the airline to a group of Spanish and Italian businessmen, including the Volare Group. As a result LTE was rebranded Volar Airlines Flight International 5–11 April 2005. In 2005 the airline was renamed back to LTE International Airways
Fleet
The Volar Airlines fleet consists of the following aircraft. (at May 2005):