(Tiper Stock Exchange) – The BoD of Italo – New Passenger Transportwhich met under the chairmanship of Luca Cordero di Montezemolo, resolved the acquisition and corporate and industrial incorporation of Itabusthe private long-distance bus company operational since the end of May 2021. Thus was born a large multimodal groupwhich will boast a very broad network, thanks to the synergies developed, covering the crucial junctions (railways, ports, airports) and urban micro-mobility, developing a integrated mobility service.
Itabus already connects all of Italyincluding Sicily, with 100 new generation buses manufactured by MAN (Volkswagen group) and boasts a catchment area of 2 million travellers. It offers a quality service thanks to 2 travel environments (Comfort+ and Top), on the latest generation double-decker buses equipped with free 4/5G Wi-Fi, toilets and vending machines for snacks and drinks.
The Italo-Itabus union will give life to a multimodal group able to develop important synergies and an efficient integrated mobility serviceactive 24 hours a day, which will increase coverage of the entire national territory, including the South. We will leave this summer from Sicily, Puglia and Campaniawhich will become the model of this interconnection which will then be extended to all of Italy.
To this service will be added the charter offerto meet the needs of schools, sports clubs, tourist groups and all kinds of public and private communities.
The two companies they also share the same valuesfirst of all the cure and customer care and environmental sustainability: Italo has always been a green train par excellence built with 98% recyclable materials and equipped with HEPA filters for constant air exchange, while Itabus boasts EURO 6D diesel engines (the least polluting on the market) and uses Eni diesel+ premium diesel fuel which reduces CO2 emissions.
The union of these two realities will also allow develop interesting connections between railway stations, airports and portswill develop the network of urban micromobility and integrated mobility, offering passengers a vast choice, purchasable from a single multimodal platform and with the convenience of a single ticket.
“Thanks to this operation, travelers will have a real integrated mobility service at their disposal, a project in which Italo believes and has been studying for years to facilitate travel around the area”, he declares Gianbattista LaRoccaChief Executive Officer of Italo, recalling that we are starting from a fleet of 51 trains and 100 buses, which could grow in the next few years.
The Board of Italian also noted that Flavio Cattaneo leaves all the proxies to the President Luca Cordero di Montezemolowhile remaining a shareholder of the Company and non-executive Deputy Chairman. Itabuswhich from today becomes part of the group, will continue to be led by the two Chief Executive Officers Francis Fiore and Enrico Zamponewhile the President will become Gianbattista La Rocca, Chief Executive Officer of Italo.