Tyrolean operated regional flights under the Austrian Arrows brand on behalf of Austrian Airlines from 2003 until July 2012, when nearly all employees and the fleet of Austrian Airlines was transferred to it following a labour dispute. Following a new labour agreement, Tyrolean was merged into Austrian Airlines and dissolved as a company on 31 March 2015.
The airline was established in 1978 as Aircraft Innsbruck by Gernot Langes-Swarovski and Christian Schwemberger-Swarovski. It adopted the title Tyrolean Airways when scheduled services began on 1 April 1980.
The airline was acquired by Austrian Airlines in March 1998 after the original owner Mr. Gernot Langes-Swarovski made the company available for purchase. In 2003, as part of an effort by its parent company to consolidate its brand, the fleet was rebranded as Austrian Arrows with livery changed to match that of the Austrian Airlines Group. Airline operations, however, were still managed independently by Tyrolean from its Innsbruck base.
Since 1 July 2012, all flights of the Austrian Airlines Group were carried out by Tyrolean Airways. In a consolidated effort to save Austrian Airlines from bankruptcy, the Austrian Airlines CEO at the time, Mr. Jaan Albrecht fused the entire fleet and staff of the Austrian Airlines Group, approximately 460 pilots and 1,500 cabin crew, into Tyrolean to maintain operations. All Austrian Airlines Group flights - except for a single Boeing 777-200ER (OE-LPB) due to international traffic laws - were operated by Tyrolean, but maintained their Austrian flight numbers.