Irish Rail has a ‘more severe’ financial crisis pending than Bus Éireann according to a member of the Oireachtas transport committee.
Mick Barry says it’s no surprise that a recent Labour Court submission reveals the company will be two million euro short of insolvency later this year, if its current losses continue.
The Solidarity TD for Cork North Central has accused the government of ‘running public transport on the cheap’ and says it’s time for realistic public investment.
