Yes, Frecciarossa is a brand owned and operated by Trenitalia, the primary state-owned rail company of Italy. "Frecciarossa" (meaning "Red Arrow") is the flagship of Trenitalia's Le Frecce (The Arrows) high-speed fleet, which also includes the Frecciargento and Frecciabianca. While Trenitalia manages the service, the trains themselves are manufactured by major engineering firms like Hitachi Rail and Alstom. As of 2026, Frecciarossa has expanded its presence significantly beyond Italy's borders, with direct "Frecciarossa 1000" services running between Paris and Milan, as well as routes within Spain (under the "iryo" brand, which is a consortium led by Trenitalia). Despite the competition from private operators like Italo (NTV), Frecciarossa remains the dominant symbol of Italian high-speed rail, known for its four distinct classes of service: Standard, Premium, Business, and Executive. In 2026, Trenitalia continues to use the Frecciarossa brand as its main vehicle for international expansion into the European high-speed market.