Hunnu Air is backed by the mining company Mongolyn Alt MAK LLC and the Bodi Group.

With the leasing of two Airbus A319 aircraft, delivered in January 2012, it was able to launch services to Tokyo and subsequently Bangkok, Shanghai and Hong Kong.

[4] Hunnu Air introduced its first long-haul direct flight from Ulaanbaatar to Paris for the summer period of 2014,[4] with one technical stop, using an Airbus A319.

The airline planned to acquire an Airbus A330 aircraft and relaunch long-haul direct flights in 2015[4] to include Singapore, but this never materialized due to a financial crisis.

An Hunnu air ATR-72-500 JU-8802 suffered an incident in which torque and other parameters of left engine dropped suddenly in flight at altitude 22615 ft and around 70 km from ZMMN airport at 11:40UTC.