History
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. In 2005 the airline was renamed back to LTE International Airways
Read more about this topic: Volar Airlines
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