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The airline was founded as Sakha Avia, the former Aeroflot Yakutsk Division and also previously known as Yakutaviatrans. It operated cargo charters to Africa, Asia, Europe and the Middle East until it filed for bankruptcy in early 1999. It emerged in 2000 and is controlled by the regional government, Neryungri State Air Enterprise. It merged with Yakutavia in 2002 and changed its name to form Yakutia Air Company.
At the 2019 MAKS Air Show at Zhukovsky International Airport, Moscow, Yakutia Airlines signed a tentative agreement for 5 Irkut MC-21 aircraft. Delivery of the new aircraft was originally expected to be in the second half of 2021.
On 4 February 2010, Flight 425, operated by an Antonov An-24 RA-47360 suffered an engine failure on take-off from Yakutsk Airport for Olyokminsk Airport. During the subsequent landing, the nose and port main undercarriage were retracted, causing substantial damage to the aircraft. No one was hurt or killed in the crash and the aircraft was subsequently repaired and placed back into service.
On 10 October 2018, Flight 414, operated by a Sukhoi Superjet 100 RA-89011 ran off the runway on landing at Yakutsk Airport from Ulan-Ude. During the event, the main landing gear of the aircraft collapsed. No one was killed in the crash; however, four people were hospitalised. The aircraft was damaged beyond repair.
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