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Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: My understanding is he was not actually saying the company would be insolvent by March, but that he did not want to get to that stage. I do not think he is saying it will be insolvent by March.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: Irrespective of the date, it is important.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: We are talking about the immediacy of the issue. The Deputy has said that in 19 days we will face a doomsday scenario. I do not think Mr. Herman was saying the company would be insolvent by March; rather, I think he was saying it would be insolvent much later if things were to continue as they were. I do not know what the cost would be. We could probably have a figure worked out. It...

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: I will answer both questions. The Deputy has made some points about insolvency and produced scary figures. I do not know whether his figures are right or wrong, but I can probably give him an estimate. If he likes, I can have his figures looked at and audited. On what he has said and the scenario he has painted, I have no reason to doubt the bona fides. It is very much appreciated that...

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: It was €49 million.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: Internal revenue is about the same; therefore, the change to the PSO figure has not caused a problem.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: Yes. The revenue figure is not going to change.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: I do not think so.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: That is undoubtedly a role for the NTA. The NTA is engaging with the company about that. If I am not answering the Deputy's question or I misunderstood it, she should interrupt me. The NTA has made it absolutely clear that it regards it as its role to step in if the routes are not viable.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: The NTA and the company are working together at present to ensure that if that happens, they will step in. It will be prior to that date.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: Yes.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: It is first the duty of the company to see if the routes make sense for it. The company and the NTA can then discuss the issue. My understanding of what the NTA has said is there will be no break in connectivity at all. That will be the arrangement. We will not have a case where one lot will pull out and go in later. That will not happen.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: I cannot say everything will remain the same forever, as that would be absurd.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: As the Deputy knows, we have already increased what we have taken in this year by 11%. I hope that in future we will be able to increase it.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: The NTA administers and decides the PSO routes from its own budget.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: There is no more money available as we speak. If the Deputy thinks I am coming to the committee today to say there is more money available, I will not say it. There is more money available this year than last year anyway, as the Deputy knows. If the Deputy thinks I am negotiating with her about more money for this issue, the answer is "no". It just does not exist. We have negotiated more...

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: I wish to answer this as helpfully as possible, although it is not a matter of ministerial responsibility.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: It is not something I can respond to immediately. I can find out for the Deputy. Is that fair enough?

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: I am probably giving a hostage to fortune in saying this, although it would not be the first time, but it seems that it would be unfair if these processes were administered in a different way.

Joint Oireachtas Committee on Transport, Tourism and Sport: Current Financial Situation at Bus Éireann, the Expressway Service and the Rural Transport Programme (Resumed) (1 Feb 2017)

Shane Ross: First, the Deputy knows no Fine Gael Minister would take aim at me.

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