Italo - Nuovo Trasporto Viaggiatori ( it, New Travellers Transport) is an Italian
open-access
Open access (OA) is a set of principles and a range of practices through which research outputs are distributed online, free of access charges or other barriers. With open access strictly defined (according to the 2001 definition), or libre op ...
train operating company
A train operating company (TOC) is a business operating Passenger Trains, passenger trains on the Rail transport in Great Britain, railway system of Great Britain under the collective National Rail brand. TOCs have existed since the Privatisation ...
operating in the field of
high-speed rail
High-speed rail (HSR) is a type of rail system that runs significantly faster than traditional rail, using an integrated system of specialised rolling stock and dedicated tracks. While there is no single standard that applies worldwide, lines ...
transport.
Commencing services in early 2012, it became Europe's first private
open access
Open access (OA) is a set of principles and a range of practices through which research outputs are distributed online, free of access charges or other barriers. With open access strictly defined (according to the 2001 definition), or libre op ...
operator of
high-speed trains
High-speed rail (HSR) is a type of rail system that runs significantly faster than traditional rail, using an integrated system of specialised rolling stock and dedicated tracks. While there is no single standard that applies worldwide, lines ...
, under the brand name Italo, stylized as ''.italo''.
NTV was created in 2006 as a privately-owned high speed rail operator. In January 2008, the company ordered 25
Alstom
Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia ...
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 were 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,
[ taking market share from competing ]airline
An airline is a company that provides civil aviation, air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or Airline alliance, alliances with other airlines for ...
s and state-owned incumbent Trenitalia
Trenitalia is the primary train operator in Italy. A subsidiary of Ferrovie dello Stato Italiane, itself owned by the Italian government, the company was established in 2000 following a European Union directive on the deregulation of rail transp ...
. Further trainsets of Alstom's Pendolino
Pendolino (from Italian ''pendolo'' "pendulum", and ''-ino,'' a diminutive suffix) is an Italian family of tilting trains used in Italy, Spain, Germany, Poland, Portugal, Slovenia, Finland, Russia, the Czech Republic, Slovakia, the UK, the US, ...
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
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
. Since April 2018, the company is majority owned by the infrastructure equity investment fund Global Infrastructure Partners
Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energ ...
. As of October 2019, the company operates an average of 93 services per day, covering 54 cities. NTV currently operates only within Italy, but has ambitions to launch future services elsewhere in Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...
, including Spain
, image_flag = Bandera de España.svg
, image_coat = Escudo de España (mazonado).svg
, national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond")
, national_anthem = (English: "Royal March")
, i ...
, Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
and the United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
.
Activities
For the performance of its services, commercially promoted under the name Italo, NTV deploys the AGV 575, commissioned to Alstom
Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia ...
in 2008, and the electric train NTV ETR 675, also committed to Alstom
Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia ...
in 2015 and which from 7 December 2017 - following the change of the railway timetable - gradually enter in service. The ''Italo'' services travel both on dedicated high-speed lines and on conventional lines, and compete on the market with the Frecciarossa
''Frecciarossa'' is a high-speed train of the Italian national train operator, Trenitalia, and a member of the train category Le Frecce. The name, which, if spelled "Freccia rossa" means "Red arrow" in English, was introduced in 2008 after i ...
and Frecciargento
''Frecciargento'' is a high-speed train of the Italian national train operator, Trenitalia, and a member of the train category Le Frecce. The name, which means "Silver Arrow", was introduced in 2012 after it had previously been known as Euros ...
trains of Trenitalia
Trenitalia is the primary train operator in Italy. A subsidiary of Ferrovie dello Stato Italiane, itself owned by the Italian government, the company was established in 2000 following a European Union directive on the deregulation of rail transp ...
.
Routes
Routes served by NTV are those of the Italian high-speed rail network. The service consists of several routes, for a total of 93 daily trips serving 54 cities and 59 stations:
*Turin
Turin ( , Piedmontese language, Piedmontese: ; it, Torino ) is a city and an important business and cultural centre in Northern Italy. It is the capital city of Piedmont and of the Metropolitan City of Turin, and was the first Italian capital ...
- Milan
Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...
- Bologna
Bologna (, , ; egl, label= Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 150 different nat ...
- Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...
- Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
- Naples
Naples (; it, Napoli ; nap, Napule ), from grc, Νεάπολις, Neápolis, lit=new city. is the regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 909,048 within the city's adminis ...
- Salerno
Salerno (, , ; nap, label= Salernitano, Saliernë, ) is an ancient city and ''comune'' in Campania (southwestern Italy) and is the capital of the namesake province, being the second largest city in the region by number of inhabitants, after ...
- Agropoli Castellabate - Vallo della Lucania
Vallo della Lucania (commonly known simply as ''Vallo'') is a town and ''comune'' in the province of Salerno in the Campania region of south-western Italy. It lies in the middle of Cilento and its population is 8,680.[Sapri
Sapri is a town and ''comune'' in the province of Salerno in the Campania region of south-western Italy. It is one of the southernmost towns of the region of Cilento and its population is 6,783.][Maratea
Maratea (; nap, Marathia, label= Marateota ) is an Italian town and ''comune'' of Basilicata, in the province of Potenza. It is the only ''comune'' of the region on the Tyrrhenian coast, and is known as "the Pearl of the Tyrrhenian". Owing to t ...]
- Scalea Scalea ( Calabrian: , lit. "stair" or "ladder") is a town and ''comune'' in the province of Cosenza in the Calabria region of southern Italy.
The town takes its name from its terraced layout on a hillside at the bottom of the Capo Scalea promonto ...
- Paola - Lamezia Terme
Lamezia Terme (), commonly called Lamezia, is an Italian city and ''comune'' of 70,452 inhabitants (2013), in the province of Catanzaro in the Calabria region.
Geography
Lamezia is located on the eastern border of the coastal plain commonly cal ...
- Vibo Pizzo - Rosarno
Rosarno is a ''comune'' (municipality) in the Metropolitan City of Reggio Calabria in the Italian region of Calabria. It is about southwest of Catanzaro and about northeast of Reggio Calabria. Rosarno stands on a natural terrace cloaked in olive ...
- Villa San Giovanni
Villa San Giovanni is a port city and a municipality in the Metropolitan City of Reggio Calabria of Calabria, Italy. In 2010 its population was 13,747 with a decrease of 2.5% until 2016 and in 2020 an increase of 3.7% . It is an important termina ...
- Reggio Calabria
Reggio di Calabria ( scn, label= Southern Calabrian, Riggiu; el, label= Calabrian Greek, Ρήγι, Rìji), usually referred to as Reggio Calabria, or simply Reggio by its inhabitants, is the largest city in Calabria. It has an estimated popul ...
*Venice
Venice ( ; it, Venezia ; vec, Venesia or ) is a city in northeastern Italy and the capital of the Veneto Regions of Italy, region. It is built on a group of 118 small islands that are separated by canals and linked by over 400 ...
- Padua
Padua ( ; it, Padova ; vec, Pàdova) is a city and ''comune'' in Veneto, northern Italy. Padua is on the river Bacchiglione, west of Venice. It is the capital of the province of Padua. It is also the economic and communications hub of the ...
- Ferrara
Ferrara (, ; egl, Fràra ) is a city and ''comune'' in Emilia-Romagna, northern Italy, capital of the Province of Ferrara. it had 132,009 inhabitants. It is situated northeast of Bologna, on the Po di Volano, a branch channel of the main stream ...
- Bologna
Bologna (, , ; egl, label= Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 150 different nat ...
- Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...
- Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
- Naples
Naples (; it, Napoli ; nap, Napule ), from grc, Νεάπολις, Neápolis, lit=new city. is the regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 909,048 within the city's adminis ...
- Salerno
Salerno (, , ; nap, label= Salernitano, Saliernë, ) is an ancient city and ''comune'' in Campania (southwestern Italy) and is the capital of the namesake province, being the second largest city in the region by number of inhabitants, after ...
*Brescia
Brescia (, locally ; lmo, link=no, label= Lombard, Brèsa ; lat, Brixia; vec, Bressa) is a city and ''comune'' in the region of Lombardy, Northern Italy. It is situated at the foot of the Alps, a few kilometers from the lakes Garda and Iseo. ...
- Verona
Verona ( , ; vec, Verona or ) is a city on the Adige River in Veneto, Northern Italy, Italy, with 258,031 inhabitants. It is one of the seven provincial capitals of the region. It is the largest city Comune, municipality in the region and the ...
- Bologna
Bologna (, , ; egl, label= Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 150 different nat ...
- Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...
- Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
- Naples
Naples (; it, Napoli ; nap, Napule ), from grc, Νεάπολις, Neápolis, lit=new city. is the regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 909,048 within the city's adminis ...
- Salerno
Salerno (, , ; nap, label= Salernitano, Saliernë, ) is an ancient city and ''comune'' in Campania (southwestern Italy) and is the capital of the namesake province, being the second largest city in the region by number of inhabitants, after ...
*Turin
Turin ( , Piedmontese language, Piedmontese: ; it, Torino ) is a city and an important business and cultural centre in Northern Italy. It is the capital city of Piedmont and of the Metropolitan City of Turin, and was the first Italian capital ...
- Milan
Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...
- Brescia
Brescia (, locally ; lmo, link=no, label= Lombard, Brèsa ; lat, Brixia; vec, Bressa) is a city and ''comune'' in the region of Lombardy, Northern Italy. It is situated at the foot of the Alps, a few kilometers from the lakes Garda and Iseo. ...
- Verona
Verona ( , ; vec, Verona or ) is a city on the Adige River in Veneto, Northern Italy, Italy, with 258,031 inhabitants. It is one of the seven provincial capitals of the region. It is the largest city Comune, municipality in the region and the ...
- Vicenza
Vicenza ( , ; ) is a city in northeastern Italy. It is in the Veneto region at the northern base of the ''Monte Berico'', where it straddles the Bacchiglione River. Vicenza is approximately west of Venice and east of Milan.
Vicenza is a th ...
- Padua
Padua ( ; it, Padova ; vec, Pàdova) is a city and ''comune'' in Veneto, northern Italy. Padua is on the river Bacchiglione, west of Venice. It is the capital of the province of Padua. It is also the economic and communications hub of the ...
- Venezia
Venice ( ; it, Venezia ; vec, Venesia or ) is a city in northeastern Italy and the capital of the Veneto region. It is built on a group of 118 small islands that are separated by canals and linked by over 400 bridges. The islan ...
*Bolzano
Bolzano ( or ; german: Bozen, (formerly ); bar, Bozn; lld, Balsan or ) is the capital city of the province of South Tyrol in northern Italy. With a population of 108,245, Bolzano is also by far the largest city in South Tyrol and the third la ...
- Trento
Trento ( or ; Ladin and lmo, Trent; german: Trient ; cim, Tria; , ), also anglicized as Trent, is a city on the Adige River in Trentino-Alto Adige/Südtirol in Italy. It is the capital of the autonomous province of Trento. In the 16th centu ...
- Verona
Verona ( , ; vec, Verona or ) is a city on the Adige River in Veneto, Northern Italy, Italy, with 258,031 inhabitants. It is one of the seven provincial capitals of the region. It is the largest city Comune, municipality in the region and the ...
- Bologna
Bologna (, , ; egl, label= Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 150 different nat ...
- Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...
- Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
*Bergamo
Bergamo (; lmo, Bèrghem ; from the proto- Germanic elements *''berg +*heim'', the "mountain home") is a city in the alpine Lombardy region of northern Italy, approximately northeast of Milan, and about from Switzerland, the alpine lakes Como ...
- Brescia
Brescia (, locally ; lmo, link=no, label= Lombard, Brèsa ; lat, Brixia; vec, Bressa) is a city and ''comune'' in the region of Lombardy, Northern Italy. It is situated at the foot of the Alps, a few kilometers from the lakes Garda and Iseo. ...
- Verona
Verona ( , ; vec, Verona or ) is a city on the Adige River in Veneto, Northern Italy, Italy, with 258,031 inhabitants. It is one of the seven provincial capitals of the region. It is the largest city Comune, municipality in the region and the ...
- Bologna
Bologna (, , ; egl, label= Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 150 different nat ...
- Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...
- Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
- Naples
Naples (; it, Napoli ; nap, Napule ), from grc, Νεάπολις, Neápolis, lit=new city. is the regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 909,048 within the city's adminis ...
*Naples
Naples (; it, Napoli ; nap, Napule ), from grc, Νεάπολις, Neápolis, lit=new city. is the regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 909,048 within the city's adminis ...
- Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
- Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...
- Bologna
Bologna (, , ; egl, label= Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 150 different nat ...
- Ferrara
Ferrara (, ; egl, Fràra ) is a city and ''comune'' in Emilia-Romagna, northern Italy, capital of the Province of Ferrara. it had 132,009 inhabitants. It is situated northeast of Bologna, on the Po di Volano, a branch channel of the main stream ...
- Padua
Padua ( ; it, Padova ; vec, Pàdova) is a city and ''comune'' in Veneto, northern Italy. Padua is on the river Bacchiglione, west of Venice. It is the capital of the province of Padua. It is also the economic and communications hub of the ...
- Venice
Venice ( ; it, Venezia ; vec, Venesia or ) is a city in northeastern Italy and the capital of the Veneto Regions of Italy, region. It is built on a group of 118 small islands that are separated by canals and linked by over 400 ...
- Treviso
Treviso ( , ; vec, Trevixo) is a city and ''comune'' in the Veneto region of northern Italy. It is the capital of the province of Treviso and the municipality has 84,669 inhabitants (as of September 2017). Some 3,000 live within the Veneti ...
- Conegliano
Conegliano (; Venetian: ''Conejan'') is a town and ''comune'' of the Veneto region, Italy, in the province of Treviso, about north by rail from the town of Treviso. The population of the city is of people. The remains of a 10th-century castle ar ...
- Pordenone
Pordenone (; Venetian and fur, Pordenon) is the main ''comune'' of Pordenone province of northeast Italy in the Friuli Venezia Giulia region.
The name comes from Latin ''Portus Naonis'', meaning 'port on the Noncello (Latin ''Naon'') River'.
...
- Udine
Udine ( , ; fur, Udin; la, Utinum) is a city and ''comune'' in north-eastern Italy, in the middle of the Friuli Venezia Giulia region, between the Adriatic Sea and the Alps (''Alpi Carniche''). Its population was 100,514 in 2012, 176,000 with t ...
*Milan
Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...
- Bologna
Bologna (, , ; egl, label= Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 150 different nat ...
- Rimini
Rimini ( , ; rgn, Rémin; la, Ariminum) is a city in the Emilia-Romagna region of northern Italy and capital city of the Province of Rimini. It sprawls along the Adriatic Sea, on the coast between the rivers Marecchia (the ancient ''Ariminu ...
- Riccione
Riccione (; rgn, Arciôn ) is a ''comune'' in the Province of Rimini, Emilia-Romagna, northern Italy. As of 2018, Riccione had an estimated population of 35,003.
History
The oldest archaeological findings in Riccione's area date to the 2nd cen ...
- Pesaro
Pesaro () is a city and ''comune'' in the Italian region of Marche, capital of the Province of Pesaro e Urbino, on the Adriatic Sea. According to the 2011 census, its population was 95,011, making it the second most populous city in the Marche, ...
- Ancona
Ancona (, also , ) is a city and a seaport in the Marche region in central Italy, with a population of around 101,997 . Ancona is the capital of the province of Ancona and of the region. The city is located northeast of Rome, on the Adriatic S ...
*Naples
Naples (; it, Napoli ; nap, Napule ), from grc, Νεάπολις, Neápolis, lit=new city. is the regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 909,048 within the city's adminis ...
– Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
– Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...
– Forlì
Forlì ( , ; rgn, Furlè ; la, Forum Livii) is a ''comune'' (municipality) and city in Emilia-Romagna, Northern Italy, and is the capital of the province of Forlì-Cesena. It is the central city of Romagna.
The city is situated along the Via E ...
– Cesena
Cesena (; rgn, Cisêna) is a city and ''comune'' in the Emilia-Romagna region of Italy, served by Autostrada A14, and located near the Apennine Mountains, about from the Adriatic Sea. The total population is 97,137.
History
Cesena was o ...
– Rimini
Rimini ( , ; rgn, Rémin; la, Ariminum) is a city in the Emilia-Romagna region of northern Italy and capital city of the Province of Rimini. It sprawls along the Adriatic Sea, on the coast between the rivers Marecchia (the ancient ''Ariminu ...
– Riccione
Riccione (; rgn, Arciôn ) is a ''comune'' in the Province of Rimini, Emilia-Romagna, northern Italy. As of 2018, Riccione had an estimated population of 35,003.
History
The oldest archaeological findings in Riccione's area date to the 2nd cen ...
– Cattolica
Cattolica (; rgn, Catòlga) is a town and ''comune'' in the Province of Rimini, Italy, with 16,233 inhabitants as of 2007.
History
Archaeological excavations show that the area was already settled in ancient Rome, Roman times.
Cattolica rose a ...
– Pesaro
Pesaro () is a city and ''comune'' in the Italian region of Marche, capital of the Province of Pesaro e Urbino, on the Adriatic Sea. According to the 2011 census, its population was 95,011, making it the second most populous city in the Marche, ...
*Turin
Turin ( , Piedmontese language, Piedmontese: ; it, Torino ) is a city and an important business and cultural centre in Northern Italy. It is the capital city of Piedmont and of the Metropolitan City of Turin, and was the first Italian capital ...
- Milan
Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...
- Reggio Emilia
Reggio nell'Emilia ( egl, Rèz; la, Regium Lepidi), usually referred to as Reggio Emilia, or simply Reggio by its inhabitants, and known until 1861 as Reggio di Lombardia, is a city in northern Italy, in the Emilia-Romagna region. It has abou ...
- Bologna
Bologna (, , ; egl, label= Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 150 different nat ...
- Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...
- Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
- Caserta
Caserta () is the capital of the province of Caserta in the Campania region of Italy. It is an important agricultural, commercial, and industrial ''comune'' and city. Caserta is located on the edge of the Campanian plain at the foot of the Camp ...
- Benevento
Benevento (, , ; la, Beneventum) is a city and ''comune'' of Campania, Italy, capital of the province of Benevento, northeast of Naples. It is situated on a hill above sea level at the confluence of the Calore Irpino (or Beneventano) and the ...
- Foggia
Foggia (, , ; nap, label= Foggiano, Fògge ) is a city and former ''comune'' of Apulia, in Southern Italy, capital of the province of Foggia. In 2013, its population was 153,143. Foggia is the main city of a plain called Tavoliere, also known ...
- Barletta
Barletta () is a city, ''comune'' of Apulia, in south eastern Italy. Barletta is the capoluogo, together with Andria and Trani, of the Province of Barletta-Andria-Trani. It has a population of around 94,700 citizens.
The city's territory belong ...
- Trani
Trani () is a seaport of Apulia, in southern Italy, on the Adriatic Sea, by railway west-northwest of Bari. It is one of the capital cities of the Province of Barletta-Andria-Trani.
History
Overview
The city of ''Turenum'' appears for the fir ...
– Bisceglie
Bisceglie (; nap, label= Biscegliese, Vescégghie) is a city and municipality of 55,251 inhabitants in the province of Barletta-Andria-Trani, in the Apulia region (''Italian'': ''Puglia''), in southern Italy. The municipality has the fourth hig ...
– Molfetta
Molfetta (; Molfettese: ) is a town located in the northern side of the Metropolitan City of Bari, Apulia, southern Italy.
It has a well restored old city, and its own dialect.
History
The earliest local signs of permanent habitation are at ...
- Bari
Bari ( , ; nap, label= Barese, Bare ; lat, Barium) is the capital city of the Metropolitan City of Bari and of the Apulia region, on the Adriatic Sea, southern Italy. It is the second most important economic centre of mainland Southern Italy a ...
*Naples
Naples (; it, Napoli ; nap, Napule ), from grc, Νεάπολις, Neápolis, lit=new city. is the regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 909,048 within the city's adminis ...
- Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
- Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...
- Bologna
Bologna (, , ; egl, label= Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 150 different nat ...
- Rovigo
Rovigo (, ; egl, Ruig) is a city and ''comune'' in the Veneto region of Northeast Italy, the capital of the eponymous province.
Geography
Rovigo stands on the low ground known as Polesine, by rail southwest of Venice and south-southwest of P ...
- Padua
Padua ( ; it, Padova ; vec, Pàdova) is a city and ''comune'' in Veneto, northern Italy. Padua is on the river Bacchiglione, west of Venice. It is the capital of the province of Padua. It is also the economic and communications hub of the ...
- Venice
Venice ( ; it, Venezia ; vec, Venesia or ) is a city in northeastern Italy and the capital of the Veneto Regions of Italy, region. It is built on a group of 118 small islands that are separated by canals and linked by over 400 ...
- Portogruaro
Portogruaro ( vec, Porto, fur, Puart) is a town and ''comune'' in the Metropolitan City of Venice, Veneto, northern Italy. The city is the centre of a district, made up of 11 ''comuni'', which form the Venezia Orientale with the San Donà di Piav ...
- Latisana
Latisana ( fur, Tisane, locally ) is a town and ''comune'' in the province of Udine, in the Friuli Venezia Giulia region of north-eastern Italy, on the Tagliamento river.
History
The city was probably a Roman post station (''Mansio Apicilia'') o ...
- Monfalcone
Monfalcone (; Bisiacco: ; fur, Monfalcon; sl, Tržič; archaic german: Falkenberg) is a town and ''comune'' of the province of Gorizia in Friuli Venezia Giulia, northern Italy, located on the Gulf of Trieste. Monfalcone means 'falcon mountain' ...
- Trieste
Trieste ( , ; sl, Trst ; german: Triest ) is a city and seaport in northeastern Italy. It is the capital city, and largest city, of the autonomous region of Friuli Venezia Giulia, one of two autonomous regions which are not subdivided into provi ...
History
Background
The company was created in 2006 by Luca Cordero di Montezemolo
Luca Cordero di Montezemolo (; born 31 August 1947) is an Italian businessman, former Chairman of Ferrari, and formerly Chairman of Fiat S.p.A. and President of Confindustria and FIEG. He comes from an aristocratic family from the region of Piedmo ...
, Diego Della Valle
Diego Della Valle (born 30 December 1953) is the chairman of the Italian leather goods company '' Tod's''.
Biography Family, youth and studies
Diego Della Valle is the elder son of Dorino Della Valle and grandson of Filippo Della Valle. Fili ...
, Gianni Punzo and Francesco Sciarrone with the aim to compete on Italian high speed rail operator in view of the liberalization of the railway sector in the European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...
. The company was launched with an initial investment of €967 million, €625 million of which was spent on rolling stock. NTV’s shareholders took on a significant risk in their startup as Italy was the first country in the world to open its high speed rail market to competition.
In January 2008 NTV changed its corporate structure with the entry of Intesa Sanpaolo
Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity s ...
, followed in October of the same year by the Société Nationale des Chemins de fer Français (SNCF
The Société nationale des chemins de fer français (; abbreviated as SNCF ; French for "National society of French railroads") is France's national state-owned railway company. Founded in 1938, it operates the country's national rail traffi ...
); in the same year the railway company ordered to Alstom
Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia ...
the construction of twenty-five trains of the Automotrice à grande vitesse ( AGV) type, which were built in the plants of La Rochelle
La Rochelle (, , ; Poitevin-Saintongeais: ''La Rochéle''; oc, La Rochèla ) is a city on the west coast of France and a seaport on the Bay of Biscay, a part of the Atlantic Ocean. It is the capital of the Charente-Maritime department. With ...
and Savigliano
Savigliano (Savijan in Piedmontese) is a ''comune'' of Piedmont, northern Italy, in the Province of Cuneo, about south of Turin by rail.
It is home to ironworks, foundries, locomotive works (once owned by Fiat Ferroviaria, now by Alstom) and s ...
.
In early 2010, NTV stated its intention to start services in late 2011, following certification of its trains in mid-2011. In March 2011, the company publicly complained that the Italian rail infrastructure manager, Rete Ferroviaria Italiana
Rete Ferroviaria Italiana (RFI) is the Italian railway infrastructure manager, subsidiary of Ferrovie dello Stato (FS), a state-owned holding company. RFI is the owner of Italy's railway network, it provides signalling, maintenance and other ser ...
(RFI), was obstructing its plans to run trains by making last-minute changes to network statements, as well as questioning the legality of its access charges. RFI is controlled by the same government group that controls Trenitalia
Trenitalia is the primary train operator in Italy. A subsidiary of Ferrovie dello Stato Italiane, itself owned by the Italian government, the company was established in 2000 following a European Union directive on the deregulation of rail transp ...
, the incumbent provider of passenger train services in Italy. Later that year, it was reported that the launch date had been delayed into 2012; this was reportedly due to the project's complexity.
According to industry consultant Andrea Giuricin, NTV found it difficult to obtain technical approval and safety licences to operate its new fleet of Alstom
Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia ...
-built Automotrice à grande vitesse (AGV) trains; Giuricin also acknowledged the establishment process as being quite complex in general. Italy needed to refine its regulatory structures so that private rail operators could achieve a level playing field. Disputes over access to both station facilities and train paths were symptomatic of NTV's early years. In October 2013, the Italian Competition Authority
The Italian Competition Authority ( it, Autorità Garante della Concorrenza e del Mercato, AGCM) is the competition regulator in Italy. It is an Italian Quango, quasi-autonomous non-governmental organization established on the basis of Law №287 o ...
determined that both Trenitalia and RFI had made deliberate efforts to exclude NTV. A suitable independent regulator of the Italian rail industry was not established until late 2013.
On 28 April 2012, NTV conducted its first service, which it launched under the ''.italo'' brand. This branding has been applied to other services provided by the company, such as its loyalty card. In its first year of operation, NTV claimed its ridership to have been 2,051,702.
According to rail periodical Railway Gazette, NTV was initially challenged to achieve a viable return on investment until passenger numbers increased. Ridership increased in the following years, carrying 9.1 million passengers in 2015, having attained a load factor of 71.5%. By this point, NTV was operating 56 trains daily.[Articolo su Italiaoggi.it]
/ref>
In October 2012 there was a change of leadership: Montezemolo left the office of president while remaining a shareholder of the company, while Vincenzo Cannatelli resigned as vice president, remaining within the board of directors. The presidency was succeeded by Antonello Perricone, who since October 2 2013, is also CEO, following the resignation of Giuseppe Sciarrone.
During 2015, NTV then-CEO Flavio Cattaneo launched a strategic turnround initiative, aimed at improving its operations. In 2016, passenger numbers increased again, reaching 11 million. To expand accessibility to its services, NTV has coordinated with bus operators to expand its catchment area to cover towns not directly served by high speed rail.
That same year, NTV attained its fiscal break-even point
The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs ha ...
for the first time, becoming profitable thereafter. According to Giuricin, NTV quickly became a profitable venture largely due to an efficient and innovative approach to the market; such measures include a high utilisation rate of its rolling stock, typically high load factors for services, and customer engagement efforts. Partially in response to NTV's presence, incumbent operator Trenitalia has also made changes to increase competitiveness. In August 2018, RFI was fined €620,000 for anti-competitive practices favouring Trenitalia over NTV.
In January 2018, it was announced 35-40% of NTV's shares would be listed on the Borsa Italiana
Borsa Italiana, based in Milan, is the Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.italy24.ils ...
. However, in February 2018, the planned initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
was cancelled; instead, NTV's shareholders accepted the take-over offer from Global Infrastructure Partners
Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energ ...
for 100% of the company, which was then valued at €1.94 billion. Dealing April 2018, the sale was finalised; several of the existing shareholders chose to participate in a capital increase for a joint shareholding of 7.74%. That same year, the company was renamed ''Italo-NTV'', which integrated the ''.italo'' brand present on its rolling stock.
Italian ticket prices have fallen considerably since NTV's commencement of services in 2012; by 2019, the company had achieved a lower cost per available seat-km that most budget airline
A low-cost carrier or low-cost airline (occasionally referred to as '' no-frills'', ''budget'' or '' discount carrier'' or ''airline'', and abbreviated as ''LCC'') is an airline that is operated with an especially high emphasis on minimizing op ...
s, helping the company take market share from competing air routes. Just as NTV's customer numbers grew rapidly in its initial five years, Italian demand for high speed rail travel in general has doubled in the same time period. Specifically, rail operators' market share of the Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
– Milan
Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...
route has increased from 36% in 2008 to an estimated 80% in 2018, while airline’s share has dropped from 50% to just 14% between the same dates.
By the late 2010s, NTV was considering launching services outside of Italy; Luca Cordero di Montezemolo, the company's chairman, has stated that possibly future markets for the firm include Spain
, image_flag = Bandera de España.svg
, image_coat = Escudo de España (mazonado).svg
, national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond")
, national_anthem = (English: "Royal March")
, i ...
, Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
and the United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
. According to Giuricin, the future of such ambitions on the part of NTV and other private operators is dependent upon the establishment of an appropriate, stable, and clear regulatory environment, particularly in regards to track access charges.
Rolling stock
On 17 January 2008, it was announced by French industrial conglomerate Alstom
Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia ...
that NTV had placed an order for 25 Automotrice à grande vitesse (AGV) trainsets, each having a length of 11 cars. Alstom manufactured 17 AGVs at its La Rochelle
La Rochelle (, , ; Poitevin-Saintongeais: ''La Rochéle''; oc, La Rochèla ) is a city on the west coast of France and a seaport on the Bay of Biscay, a part of the Atlantic Ocean. It is the capital of the Charente-Maritime department. With ...
plant in France, while the remaining eight trains were assembled at Savigliano
Savigliano (Savijan in Piedmontese) is a ''comune'' of Piedmont, northern Italy, in the Province of Cuneo, about south of Turin by rail.
It is home to ironworks, foundries, locomotive works (once owned by Fiat Ferroviaria, now by Alstom) and s ...
in Italy. The contract included maintenance of the fleet for 30 years, as well as an option to procure a further ten trains. NTV unveiled the first of its trains in a ceremony on 13 December 2011.
In 2015, NTV announced the procurement of twelve additional trains (classified as ETR 675 ETR may refer to:
* East Turkestan Republic (disambiguation); first and second movements
* Express Toll Route, in Canada; Ontario Highway 407
* Entergy Corporation; NYSE stock symbol
* Edolo language; ISO language code
* Etravirine, a drug used to s ...
) to expand its fleet. These additional units would be from Alstom's Avelia Pendolino
Pendolino (from Italian ''pendolo'' "pendulum", and ''-ino,'' a diminutive suffix) is an Italian family of tilting trains used in Italy, Spain, Germany, Poland, Portugal, Slovenia, Finland, Russia, the Czech Republic, Slovakia, the UK, the US, ...
family (similar to the Avelia Horizon
The TGV M (also known as the Avelia Horizon) is a high speed passenger train designed and produced by the French rolling stock manufacturer Alstom. It has a broadly similar design to the TGV Duplex sets, with bi-level carriages and a push-pull c ...
of the French TGV
The TGV (french: Train à Grande Vitesse, "high-speed train"; previously french: TurboTrain à Grande Vitesse, label=none) is France's intercity high-speed rail service, operated by SNCF. SNCF worked on a high-speed rail network from 1966 to 19 ...
and Avelia Liberty
Avelia Liberty, also known as the Acela II, is a high-speed passenger train built for the North American market by French manufacturer Alstom and assembled in the United States. Amtrak has ordered 28 trainsets for use on its flagship '' Acela' ...
of the USA's Acela Express
The ''Acela'' ( ; originally the ''Acela Express'' until September 2019) is Amtrak's flagship service along the Northeast Corridor (NEC) in the Northeastern United States between Washington, D.C. and Boston via 13 intermediate stops, includ ...
), the maximum speed of which being approximately 50 km/h slower than NTV's existing AGVs. The procurement is intended to allow NTV to expand its existing ''Italo'' services, as well as offer services to new destinations. On 3 October 2013, the first of NTV's Pendolino was publicly presented at the Expo Ferroviaria exhibition in Milan
Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...
, by which point the trainset was participating in certification trials ahead of entering passenger service. Further Pendolinos were ordered by NTV; as of October 2019, the company operates a fleet of 25 AGVs and 26 non- tilting Pendolinos (ordered by exercising contractual options).
Service
Italo offers six classes of service:
* Smart: 2x2 seats without service.
* Comfort: Smart Cinema (AGV 575), an environment identical to Smart, which also has audio headphones in place and eight 20" FHD television screens in the hallway ceiling, at no extra charge compared to Smart.
* Prima: large spaces (2x1 configuration) and welcome service, priority boarding, and Italo Lounge for a fee
* Club Executive: an environment along the lines of Club Executive, but with small 4-seater lounges that can only be booked directly; the services offered are identical to Club Executive
On each train there are food and drink vending machines (carriages 3 and 7), managed by an external company. Wi-Fi
Wi-Fi () is a family of wireless network protocols, based on the IEEE 802.11 family of standards, which are commonly used for local area networking of devices and Internet access, allowing nearby digital devices to exchange data by radio wave ...
is available in all areas.
The company also offers an area reserved for passengers at the station: Italo Club Lounge, free of charge for customers travelling in the Club Executive area, with a charge for those travelling in the Prima area or "Italo Più Privilege" card holders.
Major shareholders
The current shareholding structure:
* 72.6% GIP III GLOBAL INVESTMENT S.A.R.L.
* 11.5% Allianz
Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management.
The company is one of the world's largest insurers and financial services groups. The ...
S.P.A., of which 10% via ALLIANZ INFRASTRUCTURE LUXEMBOURG S.A.R.L.
* 7.7% REINVESTING SHAREHOLDERS (Luca Cordero di Montezemolo
Luca Cordero di Montezemolo (; born 31 August 1947) is an Italian businessman, former Chairman of Ferrari, and formerly Chairman of Fiat S.p.A. and President of Confindustria and FIEG. He comes from an aristocratic family from the region of Piedmo ...
, Flavio Cattaneo
Flavio Cattaneo (born 27 June 1963, in Rho, Italy) is an Italian manager, non-executive vice president of Italo - NTV (Nuovo Trasporto Viaggiatori), the first private company operating high-speed trains in Europe, and member of the board of Ass ...
, Giovanni Punzo, Isabella Seragnoli, Alberto Bombassei, Peninsula Capital)
* 7.6% IP INFRA INVESTORS LP
* 0.6% MOLAGERS
The French railway operator SNCF
The Société nationale des chemins de fer français (; abbreviated as SNCF ; French for "National society of French railroads") is France's national state-owned railway company. Founded in 1938, it operates the country's national rail traffi ...
owned 20% until 2015 when it refused to participate in a capital increase and preferred to liquidate its shareholding in 2015.
See also
* High-speed rail in Italy
High-speed rail in Italy consists of two lines connecting most of the country's major cities. The first line connects Turin to Salerno via Milan, Bologna, Florence, Rome and Naples, the second runs from Turin to Venice via Milan, and is under con ...
* Rete Ferroviaria Italiana
Rete Ferroviaria Italiana (RFI) is the Italian railway infrastructure manager, subsidiary of Ferrovie dello Stato (FS), a state-owned holding company. RFI is the owner of Italy's railway network, it provides signalling, maintenance and other ser ...
(''RFI''), owner and operator of the Italian rail infrastructure
* Trenitalia
Trenitalia is the primary train operator in Italy. A subsidiary of Ferrovie dello Stato Italiane, itself owned by the Italian government, the company was established in 2000 following a European Union directive on the deregulation of rail transp ...
, the Italian state-owned train operating company
* Treno Alta Velocità
Treno Alta Velocità SpA (TAV) is special-purpose entity owned by Rete Ferroviaria Italiana (itself owned by Ferrovie dello Stato Italiane) for the planning and construction of a high-speed rail network in Italy.
Purpose
The purpose of Treno ...
(owned by ''RFI''), in charge of high speed rail infrastructure in Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...
References
External links
*
{{High-speed rail
High-speed rail in Italy
Companies based in Rome