CIÉ companies risk losing €28m as regulator ups performance targets

CIÉ’S three transport companies have been warned that they could lose up to 10% of their annual subvention if they don’t meet improved performance targets.

The National Transport Authority (NTA) announced yesterday that Dublin Bus, Irish Rail and Bus Éireann risk losing almost €28 million of their annual budget if they fail to meet new standards in relation to the reliability and punctuality of services.

The authority confirmed it has revised and reviewed upwards, quality standards for the three companies.