Sell-off of Bus Éireann’s expressway service proposed

CUTS of more than €127 million in the transport sector have been proposed by An Bord Snip Nua as the report left virtually no area untouched.

The report recommends a number of one-off measures in a bid to cut costs, including the sale of the Bus Éireann expressway service and the disposal of non-essential land and property owned by state agencies under the aegis of the Department of Transport.

The report proposes that CIÉ reduce its annual operation costs in order to achieve savings of €55m through reduced public service obligation payments (PSO), which are non-commercial, socially-necessary services which are subvented by the Government.