Company type | Joint-stock company |
---|---|
Industry | Rail transport |
Founded | 11 December 2006 |
Headquarters | , |
Key people | Luca Cordero di Montezemolo (Founder and Chairman)[1] Gianbattista La Rocca (CEO) |
Products | Passenger transport |
Revenue | €413.5 million[2] (2020) |
€51.7 million[2] (2020) | |
€31.9 million[2] (2020) | |
Total assets | €3,243.9 million[2] (2020) |
Number of employees | 1,369 (2020) |
Parent | Mediterranean Shipping Company |
Website | italospa |
Footnotes / references [3] |
Nuovo Trasporto Viaggiatori S.p.A. (Italian for 'New Travellers' Transport') is an Italian open-access train operating company operating in the field of high-speed rail transport under the brand name Italo (IPA: [ˈiːtalo]), stylized as .italo.[4]
Commencing services in early 2012, it became Europe's first private open access operator of 300 km/h (190 mph) high-speed trains. NTV was created in 2006 as a privately owned high-speed rail operator. In January 2008, the company ordered 25 Alstom Automotrice à grande vitesse (AGV) trainsets, which formed NTV's initial fleet. Despite intentions to begin services in late 2011, the launch of passenger operations was postponed to April 2012 due to lengthy certification processes. On 28 April 2012, NTV conducted its first service. In its first year of operation, 2 million passengers used NTV's trains. By 2016, annual ridership reached 11 million,[5] taking market share from competing airlines and state-owned incumbent Trenitalia. Further trainsets of Alstom's Pendolino family have also been procured, as well as coordination with bus operators, as measures to expand NTV's service coverage.
The headquarters of NTV is located in Rome. Since April 2018, the company is majority owned by the infrastructure equity investment fund Global Infrastructure Partners.[6] As of 2024, the company covers routes to 54 cities within Italy.[7]
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