Oireachtas Joint and Select Committees
Wednesday, 6 July 2022
Select Committee on Transport, Tourism and Sport
Estimates for Public Services 2022
Vote 29 - Environment, Climate and Communications (Supplementary)
Ruairí Ó Murchú (Louth, Sinn Fein) | Oireachtas source
They have been told that this is based on some formula which suggests that, if they drop fares by 50%, even though that reduction will not be covered in full, the number of customers will increase. This was raised with me by Matthews Coaches, which does a lot of commuter work, particularly between Dundalk, Drogheda and Dublin, although it also serves east Meath. It provides services to colleges and the city centre. Obviously, its numbers have decreased on what they were previously. They are not sure what pool this increase will come from and believe that this formula may not work for them. They are worried about their business model. This needs to be taken into account with specific regard to that company.
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