Partenavia was established in 1957 by Professor
Luigi Pascale of
Naples University; Pascale had been motivated to found the company with the purpose to creating aircraft that would be accessible to all people. However, the company did not perform well overall under its new owner. In March 1998, Partenavia was declared
bankrupt. During the company's
liquidation, aircraft manufacturer
Vulcanair acquired all of Partenavia's former assets, including design rights and trademarks. In addition to supporting the type, Vulcanair subsequently put the P.68 back into production under its own brand. Various upgrades and enhancements to former Partenavia aircraft have been implemented by Vulcanair. ==Aircraft==