S.p.A. in the context of Società a responsabilità limitata


S.p.A. in the context of Società a responsabilità limitata

⭐ Core Definition: S.p.A.

Società per azioni (Italian: [sotʃeˈta pper atˈtsjoːni]; abbr. S.p.A. [ˌɛssepiˈa]) is a form of corporation in Italy and San Marino, meaning 'company with shares' (although often translated as 'joint-stock company', which may or may not be a limited liability entity). It is more or less equivalent to S.A. or public limited company (PLC) in other countries.

The other common form of corporation in Italy is società a responsabilità limitata (S.r.l.) ('limited liability company'). S.p.A. issued shares (Italian: azioni), while in S.r.l. the unit was quote/stock of share capital. Moreover, the articles of association of S.r.l. allowed different allocation of profit and assets, which was more comparable to a limited partnership.

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S.p.A. in the context of Neos (airline)

Neos S.p.A. is a private Italian airline headquartered in Somma Lombardo, Lombardy. It is a subsidiary of Alpitour S.p.A. It operates a fleet of Boeing 737 Next Generation, 737 MAX and Boeing 787 aircraft, flying to over 85 scheduled domestic, European and intercontinental destinations. The airline operates from its main operating base at Milan Malpensa Airport.

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S.p.A. in the context of Italo Nuovo Trasporto Viaggiatori

Italo - Nuovo Trasporto Viaggiatori S.p.A. (Italian for 'New Travellers' Transport') is an Italian open-access train operating company operating in the field of high-speed rail transport under the brand name Italo (IPA: [ˈiːtalo]), stylized as .italo.

Commencing services in early 2012, it became Europe's first private open access operator of 300 km/h (190 mph) high-speed trains. NTV was created in 2006 as a privately owned high-speed rail operator. In January 2008, the company ordered 25 Alstom 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 was 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 airlines and state-owned incumbent Trenitalia. Further trainsets of Alstom's Pendolino family have also been procured, as well as coordination with bus operators, as measures to expand NTV's service coverage.

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