Results 19,721-19,740 of 26,157 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: They are separate. I am asking whether the €94 million in funding will, pro rata, continue at the same level until June.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: Does Ms Hughes believe Bus Éireann needs the same level of funding until the end of the year or is it funding that could be scaled back? If the funding is not forthcoming, what will be the implications for Bus Éireann's services?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: Has Bus Éireann already sought that funding from the Department and the NTA?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: Ms Hughes spoke about financial stability. How did Bus Éireann do last year in terms of its revenue? I assume it was loss-making.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: What level of loss?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: I asked Ms Hughes what was Bus Éireann's loss in 2021?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: That is for 2021.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: Bus Éireann lost €7.5 million in 2020 and €2.5 million in 2021.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: What would have been the loss in 2019?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: Of how much?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: So if I am correct, there was a €3 million profit in 2019, a €7.5 million loss in 2020 and then a €3 million loss in 2021. However, that 2021 figure is with subvention. That service was operating at roughly 50% capacity.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: On the Government Covid subvention, CBO DAC. What do those initials stand for?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: We will call it Covid-related funding. What if that is not forthcoming? €94 million is a big hole to fill.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: When does Ms Hughes expect to get 100% back on the Expressway routes?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: Therefore Bus Éireann is looking for subvention up to the end of this year, at a minimum.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: In the order of the €94 million as was provided for last year.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: Okay. That is fine. My next question is on fuel costs. I was taken that Bus Éireann was fortunate that it had some hedging for fuel as part of the CIÉ Group.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: Until when is Bus Éireann hedged?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: From when does the 18 months run?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann and Bus Átha Cliath: Chairpersons Designate (5 Apr 2022)
Kieran O'Donnell: Is it fair to say that Bus Éireann is capped until June 2023 for 90% of its fuel costs?