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Established 1989, and in 1996 was purchased by a new holding group to develop aircraft manufacturing, maintenance, airtransport, and other aviation related tasks, plus a flying school for commercial crews. Has taken over the SF600A Canguro multipurpose transport from SIAI-Marchetti (first flown 1978) and in 1998 purchased rights and tooling for former Partenavia's P 68 series of transport aircraft (P 68, Observer 2 and Viator).
Vulcanair took over the bankrupt Partenavia and continued to produce the VF600M.


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