Helvetic Airways was founded in autumn 2003 and began flight operations with one Fokker 100 and three destinations.
In 2004 the airline operated seven planes and the route network was continuously expanded.
As part of financial restructuring of the airline, in March 2006 financier Martin Ebner and his wife Rosmarie acquired all shares in Helvetic Airways AG via the private equity company Patinex AG.
The new aircraft livery was unveiled in December 2006. Since then aircraft have borne the colours red, white and silver-grey, and the Swiss cross on the tail fin. The colours and the cross symbolise the values set forth by Helvetic Airways: quality, cleanliness and safety, which are also contained within the slogan: Swiss through and through. The current collaboration between Helvetic Airways and SWISS International Airlines began in 2007 following the successful IOSA certification.
In light of rapidly expanding air traffic and the increasing demand for pilots, in April 2008 Helvetic Airways entered into an extensive collaboration with the aviation school Horizon Swiss Flight Academy Ltd. In addition to cabin crew training, comprehensive training is offered for private, professional and commercial airline pilots.
In 2011 Helvetic Airways opted for an in-house maintenance company, Helvetic Airways Maintenance, in order to gain autonomy from third parties and to achieve greater flexibility in operations.
Seven new Embraer 190 planes joined the Helvetic Airways fleet in 2014.