Luas numbers rise 8% as operator makes €1m profit

THE Railway Procurement Agency has unveiled a pre-tax operating surplus on infrastructure activities of €1.1 million for 2010, boosted by an 8% annual increase in Luas numbers.

While sustained by extensive capital grants, the Luas is in a small group of European Union urban public transport systems that do not require operating subventions.

The agency puts this success down to the jump in passengers from 25.4m in 2009 to 27.5m in 2010.