Bankruptcy risk for Bus Éireann by year end

Bus Éireann could go bankrupt before the year end if emergency measures are not introduced, it’s acting chief executive warned.

The company does not currently have enough reserves to bridge anticipated losses this year, Ray Hernan confirmed.

Taoiseach Enda Kenny yesterday called on unions and Bus Éireann to come around the table to resolve the issue saying it could not sorted out in the Dáil by “megaphone politics”.