Certares invests $2.3 billion in European high-speed rail
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On October 16, 2026, Greg O'Hara, founder of private equity firm Certares, said at the Skift Transatlantic Summit in Dublin that the company has invested about $2.3 billion in European and UK railways, and expects more European governments to push travelers to shift from short-haul flights to trains. He mentioned that France already has a law banning domestic flights on direct train routes of 2.5 hours or less, with some connecting flights excepted, and said it plans to hold a railway company in French high-speed rail that challenges SNCF, with partner Ferrovie dello.
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- Skift FeedCertares founder says about $2.3 billion invested in European high-speed rail
Greg O'Hara, founder of private equity firm Certares, said at the Skift Transatlantic Summit in Dublin that the company has invested about $2.3 billion in European and UK railways, and expects more European governments to push travelers to shift from short-haul flights to trains. He mentioned that France already has a law banning domestic flights on routes where a direct train journey takes 2.5 hours or less, with some connecting flights excepted, and said he plans to hold a railway company in French high-speed rail that challenges SNCF, with Ferrovie dello as partner.
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