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28.9.14

PASSENGERS TRANSPORT INDUSTRY * Ireland

* Dublin Bus facing 'significant challenges'

(Ultan Courtney told the transport committee that capital investment was a priority) 
Dublin,Ireland -RTE News -23 September 2014: -- Dublin Bus has implemented costs savings totalling more than €60m a year, but significant challenges still remain for the company, according to Chairman-Designate Ultan Courtney... He said while the company was now heading for a more stable financial position, the careful and prudent management of the limited financial resources available remain a top priority for management... Mr Courtney said the company will be focusing on the ageing of the bus fleet, the nature and size of the Government subvention, giving customers value for money, and securing value for money from suppliers... Mr Courtney said Dublin Bus had had a very difficult few years, and that management had worked hard to make the most of the revenues available to it...

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