As presented this ia all a bit a nonsense - a bit like berating somebody for buying a house at the height of the boom. IR had reasonable expectations that its business would continue to grow. It would have been hard to fully predict the calamitous drop in traffic arrising from a combination of
- The Malahide viaduct collapse.
- The opening of the inter-urban motorways
- The celtic tiger collapse and the Euro crisis.
The PAC have the numbers wrong anyway as there are also the 2700s, loads of DARTs, a good portion of the 201 class and around 100 Mk3s hanging about the place as well.