The company is effectively bankrupt.
There is a 6 million per annum cost associated with the routine overhaul of the ICR fleet, but cutting the fleet size a saving of 3 million was achieved as a once off in 2012.
The 21 stored coaches are not certified for use as they have reached time/mileage limits.
We have discussed several problem trains with Irish Rail management, 18:35 is top of the list for resolution
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