The story
The airline was established in September 2003 and started operations in November 2004. It was owned by Finrep (40%), Ined Holdings (40%), and ITAL Aviation (20%). It had 100 employees as of March 2007.
It stopped flying in late October 2007 and was grounded in January 2008 by the Italian Civil Aviation Authority. The airline was declared bankrupt and receivers called in late April 2008.
From Wikipedia’s article on Ocean Airlines, shared under CC BY-SA 4.0.3
