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14-11-2012, 05:42 | #1 | |
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[Article] Auditors say CIÉ's status as going concern at risk
http://www.irishtimes.com/newspaper/...326573760.html
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14-11-2012, 13:10 | #2 |
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I've no idea why it is meant to be run as a going concern or as a company at all. It should be nationalised properly and operated as a public service. Money taken in in fares goes straight back to government coffers and there is no expectation that it has to cover its own costs.
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14-11-2012, 14:16 | #3 | |
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http://www.independent.ie/national-n...s-3293793.html
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14-11-2012, 14:51 | #4 |
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14-11-2012, 14:57 | #5 |
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Yup, but the NTA does not own any trains, nor is in the business of buying them. Bus is different
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15-11-2012, 01:44 | #6 | |
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http://www.irishtimes.com/newspaper/...326607555.html
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15-11-2012, 20:02 | #7 |
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The question is: just what do we want our railways to be?
Are they a public service, with social benefits that can't be quantified financially, or a transport provider driven by profit? One will inevitably generate monetary losses and the other will involve closures. Railways can be a mixture of both, where some services can turn a profit (although in Britain, the vaguaries of franchising mean 'profit' is subjective) which supports routes which are loss making and yet feed passengers onto the profitable routes. |
22-11-2012, 11:00 | #8 |
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well, this is the big question. it would appear that the minister wants a railway that is almost entirely funded from its revenues. How that can be done in this small market is the interesting part.
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