Deficit up at CIÉ despite 6.5m extra passenger journeys

Passenger journeys on bus and rail grew by 6.5 million last year but CIE has warned it remains on a bumpy road financially.

Deficit up at CIÉ despite 6.5m extra passenger journeys

The company’s annual report shows 241m journeys were made on Irish Rail, Bus Éireann and Dublin Bus services in 2015.

However, while there was a corresponding increase in fare revenue, the company’s overall financial position was worse than in 2014, with the net deficit increasing from €3.3m to €26.4m.

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