Nuovo Trasporto Viaggiatori
































































Nuovo Trasporto Viaggiatori
Type
Joint-stock company
Industry Rail transport
Founded 11 December 2006
Headquarters
Rome
,
Italy

Key people

Luca Cordero di Montezemolo (founder and Chairman) [1]
Flavio Cattaneo (CEO)
Products Passenger transport
Revenue
Increase €369 million[2] (2016)
Operating income

Increase €96 million[2] (2016)
Net income

Increase €28 million[2] (2016)
Total assets
Increase €905 million (2013)
Number of employees
1,074 (2013)
Parent Global Infrastructure Partners
Website www.ntvspa.it

Footnotes / references
[3]

Nuovo Trasporto Viaggiatori (Italian: New Passenger Transport) is an Italian company which is Europe's first private open access operator of 300 km/h (190 mph) high-speed trains.[4] It is headquartered in Rome. The company serves 19 stations and transported 11 million passengers in 2016. Since April 2018 the company is majority owned by the infrastructure equity investment fund Global Infrastructure Partners.[5]




Contents






  • 1 History


  • 2 Trains


  • 3 Service


  • 4 Routes


  • 5 Major shareholders


  • 6 See also


  • 7 References


  • 8 External links





History




Routes of NTV




NTV lounge at Firenze Santa Maria Novella railway station


NTV was created by four Italian businessmen (among them Luca Cordero di Montezemolo) to compete with Trenitalia.[6] The company intended to start services in late 2011, following certification of its trains in mid-2011.[7]


In March 2011, NTV complained that the Italian rail infrastructure manager, Rete Ferroviaria Italiana (RFI), was obstructing its plans to run trains by making last-minute changes to network statements. RFI is controlled by the same government group that controls Trenitalia, the incumbent provider of passenger train services in Italy.[8]


After delays due to the complexity of the project,[9] NTV started service on 28 April 2012 under the .italo brand.[10][11]
NTV ridership for whole year 2012 was 2,051,702.[12]
Ridership increased to 9.1 million in 2015, with a load factor of 71.5% and 56 trains daily.[13]
Passengers increased again in 2016, reaching 11 million.[14]


In January 2018, it was announced 35-40% of NTV would be listed on the Borsa Italiana.[15] In February 2018, the initial public offering was cancelled and the shareholders accepted the take-over offer from Global Infrastructure Partners for 100% of the company valued at €1.94 billion.[16][17][18][19] The operation closed in April 2018 with some of the existing shareholders participating to a capital increase for a joint shareholding of 7.74%.[20]



Trains




Alstom AGV trainset


An order for 25 Alstom Automotrice à grande vitesse (AGV) trainsets each with 11 cars was announced on 17 January 2008.[21] Alstom assembled 17 at its La Rochelle plant, while eight were produced at Savigliano in Italy.[22] NTV has an option for a further ten trains. The contract includes maintenance for 30 years.[23] NTV unveiled the first of its trains in a ceremony on 13 December 2011.[24]


In 2015, NTV announced the procurement of eight new trains to expand its fleet. The new units would be from Alstom's Pendolino family, with a maximum speed approximately 50 km/h slower than the existing AGVs. The procurement is intended to allow NTV to expand its existing Italo services, as well as offer services to new destinations.[25]




Club class private seat.




Prima class.




Smart class multifunctional area.



Service


Italo offers four classes of service, which it refers to as "journey ambiances". Free Wi-Fi is available throughout the train.[26]



  • Smart: the lowest class of service, with 2x2 leather seats with table and airline style, and snacks for purchase from vending machines.

  • Extra large: this class has 2x1 seating primarily in airline style, with footrests.

  • Prima: also offers 2x1 seating with soft armrests, power sockets, reading lights, glove compartments, complimentary drinks and sweets, and snacks for purchase from vending machines.

  • Club Executive: the most expensive class, with only 19 seats per train. These are available in either 2x1 open seating or two compartments (styled "lounges") which can be reserved en bloc for up to 4 passengers. Complimentary coffee, beverages, and pastries are served.



Routes


Routes served by NTV are those of the Italian high-speed rail network, comprising 14 cities and 19 stations.[27]
Italo’s High Speed train service contains four lines:[28]




  • Turin-Salerno stops in Milan, Reggio Emilia (Mediopadana station), Bologna, Florence, Rome and Naples.


  • Venice-Salerno, stops in Padua, Bologna, Florence, Rome and Naples.


  • Brescia-Napoli, stops in Verona, Bologna, Florence and Rome.


In Rome, Venice, Naples and Turin there are two station options: Termini and Tiburtina stations in Rome, Mestre and Santa Lucia in Venice, Porta Nuova and Porta Susa in Turin, Centrale and Afragola in Naples, whereas in Milan there are three station options: Centrale, Porta Garibaldi and Rogoredo.



Major shareholders




  • Global Infrastructure Partners Fund III: 80.76%


  • Allianz is the second largest shareholder since September 2018 with 11.5%[29]

  • GIP Neptune S.p.A., a special purpose vehicle jointly owned by MDP Holding Uno S.r.l., MDP Holding Tre S.r.l. (Luca Cordero di Montezemolo, Diego Della Valle, Gianni Punzo) Partind Tre S.r.l., MAIS S.p.A., PII1 S.à.r.l. and Nuova Fourb S.r.l.: 7.74.%[30]


The French railway operator SNCF owned 20% until 2015 when it refused to participate in a capital increase and preferred to liquidate its shareholding in 2015.[31][32]



See also



  • High-speed rail in Italy


  • Rete Ferroviaria Italiana (RFI), owner and operator of the Italian rail infrastructure


  • Trenitalia, the Italian state-owned train operating company


  • Treno Alta Velocità (owned by RFI), in charge of high speed rail infrastructure in Italy



References





  1. ^ "Bilancio di esercizio 2010" (PDF). Nuovo Trasporto Viaggiatori. Retrieved 19 December 2011..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output .citation q{quotes:"""""""'""'"}.mw-parser-output .citation .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-maint{display:none;color:#33aa33;margin-left:0.3em}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ abc "Highlights finanziari - NTV, Nuovo Trasporto Viaggiatori". www.ntvspa.it (in Italian). Retrieved 13 October 2017.


  3. ^ "Bilancio 2012" (PDF). ntvspa.it. Ntv. Retrieved 17 December 2014.


  4. ^ Murray Hughes (2008-09-01). "NTV targets 20% market share by 2015". Railway Gazette International.


  5. ^ "The closing of the sale of Italo shares to Global Infrastructure Partners (GIP). - Italo – Nuovo Trasporto Viaggiatori". italospa.italotreno.it. Retrieved 2019-03-25.


  6. ^ Murray Hughes (2007-03-01). "Open access high speed bid". Railway Gazette International.


  7. ^ "AGV begins Italian test programme". Railway Gazette International. 2010-01-12.


  8. ^ "Railway Gazette: NTV brands RFI access changes 'illegal'". Retrieved 2011-03-25.


  9. ^ "Italie : la compagnie privée NTV retarde son lancement à 2012 (Italy: private company NTV delays launch to 2012)". Ville, rails et transports. 2011-10-27.


  10. ^ "Debut for Italo: kick off of the most modern train in Europe on April 28". Press Release, Nuovo Trasporto Viaggiatori. 30 March 2012. Archived from the original on 15 April 2012.


  11. ^ "Alta velocità e concorrenza: parte la sfida". il Sole 24 Ore. Retrieved 28 April 2012.


  12. ^ "Italo supera il muro dei 2 milioni di passeggeri nel 2012". ntvspa.it. 7 January 2013. Archived from the original on 30 March 2013. Retrieved 21 February 2013.


  13. ^ Articolo su Italiaoggi.it


  14. ^ "Buon compleanno Italo! 5 anni fa Italo partiva per il suo primo viaggio - NTV, Nuovo Trasporto Viaggiatori". www.ntvspa.it (in Italian). Retrieved 17 December 2017.


  15. ^ Iitalo-NTV to list shares on Italian stock market International Railway Journal 24 January 2018


  16. ^ "Italo-NTV accepts €1.9bn offer from US fund". International Railway Journal. 2018-02-08. Retrieved 2019-03-25.


  17. ^ "Communication to the market" (PDF). 05-02-2018. Check date values in: |date= (help)


  18. ^ Global Infrastructure Partners III makes €1.9bn bid for Italo Railway Gazette International 7 February 2018


  19. ^ High speed operator accepts takeover bid Railway Gazette International 8 February 2018


  20. ^ "The closing of the sale of Italo shares to Global Infrastructure Partners (GIP). - Italo – Nuovo Trasporto Viaggiatori". italospa.italotreno.it. Retrieved 2019-03-25.


  21. ^ "NTV, the first Italian private railway operator, chooses Alstom for the supply and maintenance of 25 AGV trains" (Press release). Alstom. 2008-01-17.


  22. ^ "NTV unveils Italian AGV livery". Railway Gazette International. 2008-07-17.


  23. ^ "The AGV reaches 300 km/h during the first test phase on Italian network". Alstom. 24 March 2010. Retrieved 26 March 2010.


  24. ^ "Railway Gazette: NTV unveils first Italo AGV". Railway Gazette International. Retrieved 2011-12-15.


  25. ^ "Railway Gazette: Open access operator NTV to order Pendolinos". Railway Gazette International. Retrieved 2015-10-06.


  26. ^ http://www.italotreno.it/en/the-train


  27. ^ "Il nostro network - NTV, Nuovo Trasporto Viaggiatori". www.ntvspa.it (in Italian). Retrieved 19 December 2017.


  28. ^ "Connections". Nuovo Trasporto Viaggiatori (NTV).


  29. ^ "Allianz acquires stake in Italo-NTV". International Railway Journal. 2018-09-28. Retrieved 2019-03-25.


  30. ^ "The closing of the sale of Italo shares to Global Infrastructure Partners (GIP). - Italo – Nuovo Trasporto Viaggiatori". italospa.italotreno.it. Retrieved 2019-03-25.


  31. ^ "Les TGV italiens Italo rachetés par les américains". lesechos.fr (in French). Retrieved 2019-03-25.


  32. ^ "La SNCF descend d'Italo, le TGV privé italien". lesechos.fr (in French). Retrieved 2019-03-25.




External links


Media related to Nuovo Trasporto Viaggiatori at Wikimedia Commons


  • Official website







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