October 2021: How Italy's high-speed trains helped kill Alitalia

[mahatmakanejeeves]

Hat tip, Streetsblog USA

How Italy's high-speed trains helped kill Alitalia

Julia Buckley, CNN • Updated 14th October 2021

(CNN) — Over a decade ago, when Francesco Galietti had to travel from his native Rome to Milan for work, he used to fly the nearly 400-mile route. Today, he takes the train.

Galietti -- CEO of Rome-based political risk consultancy Policy Sonar -- is not alone. Figures released in 2019 by Italy state railway company Ferrovie dello Stato show that the number of passengers taking the train on the country's main business route, between Rome and Milan, has almost quadrupled in a decade, from 1 million in 2008 to 3.6 million by 2018.

Over two thirds of people traveling between the two cities now takes the train. It's a remarkable endorsement of Italy's high-speed rail network, which debuted in 2008.

{snip}