Air Alps (Innsbruck) is slated to resume operations once more, this time under a new managing director, Norbert Dotterweich. Austrian Aviation Net reports the bankrupt carrier's parent, Welcome Air (Innsbruck), recently sold its majority 76% stake in the carrier to Germany's Mitteldeutsche Aviation (MDA) GmbH, an entity previously involved in the short lived Rostock Airways (Rostock) venture.

Given the change in ownership and the amount of time that the carrier has lain dormant, it will necessarily have to reapply for an Air Operators Certificate (AOC) from Austrocontrol.

The recapitalized carrier is expected to announce its new CEO at the end of February 2015 though when it will resume active services is currently unknown.

Air Alps officially suspended its own scheduled operations late last year after talks with prospective investors, said to have included REFCA, a Russian investment group, and an undisclosed European prospector, collapsed. It briefly resumed services in February this year when it operated Bremen Hans Koschnick to Zurich flights with a Do328-100 on behalf of the now defunct Rostock Airways.