"Trenitalia France plans to expand its fleet to at least 19 trains, as well as open a maintenance facility outside Paris and also offer increased service capacity on existing routes including Paris to the eastern city of Lyon from a current nine to 14 daily. Trenitalia France also intends to compete with Eurostar on the latter's Paris-London route by 2029."
"Monday's agreement with Certares, whose activities focus notably on travel and tourism, hospitality, business and consumer services, comprises establishing a joint venture and includes a 300-million-euros investment in Trenitalia France. Trenitalia France is meanwhile planning to invest one billion euros in its routes in France and the United Kingdom. The Italian operator has been in direct competition with French state network SNCF for four years, offering services from Paris to Lyon, Marseille, and Milan, without as yet being profitable."
Ferrovie dello Stato and US private equity fund Certares will establish a joint venture including a 300-million-euro investment to accelerate Trenitalia France's expansion. Trenitalia France plans to invest one billion euros across routes in France and the United Kingdom, expand its fleet to at least 19 trains, and open a maintenance facility outside Paris. Service capacity on routes such as Paris-Lyon will rise from nine to 14 daily. Trenitalia France aims to compete with Eurostar on Paris-London by 2029 and is considering moves on Paris-Brussels while improving distribution through Certares-linked travel agencies.
Read at www.thelocal.it
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