Mr. Martin Nolan:

A number of low-cost no-frills operators have entered this heavily competitive market in recent years. As we have been here many times, there is no point in going back over our history. We have made our points about what way the market will develop. The legislation and the market are in place and licences are being issued. We are now reacting to those licences and anticipating licences that will be issued in the future. We are drawing up our plan. We intend to get back on path in 2016 or early 2017. We will discuss that with our stakeholders and staff in the first instance. Bus Éireann has been competing in this market since the 1970s and 1980s. It has always been competitive to a degree and that is increasing. We will get back there. We have many advantages. We have added some new vehicles to our fleet, we have invested in new technology and passenger numbers are growing on many of our routes. New competition is posing challenges on other routes where licences have been issued.