Sell-off of Bus Éireann’s expressway service proposed
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.