Price Hike

Philly · 12-11-2006, 18:40

CIE seek rise in bus and train fares
12/11/2006 - 10:16:23

Ticket price hikes could be on the way for commuters.

There are reports this morning that CIE is seeking a 9% increase in fares for bus and train users.

This morning's papers claim that CIE has submitted the price increase request to the Department of Transport, which will rule on it shortly.

The company wants a 6% rise in ticket costs, and a separate 3% increase as a fuel levy.

It contends that the hikes are needed to cover its increasing fuel bill - which is understood to have risen by €10m since 2003.

It also claims that it needs the increased revenue to meet additional wage costs agreed under social partnership.

If successful CIE's request would mean an extra five euro added onto a Dublin to Cork train journey, bringing the fare up to about €64, and an extra 15 cent added onto the average Dublin bus trip.

Taken from breakingnews.ie

IHIR · 13-11-2006, 10:24

P11 committee, I hope you are going to go all out on this one, this deserves a huge and robust response - if anything was to galvanise you apart from the diabolical service and overcrowding then this should, its an absolute scandal and disgrace. I guarantee if anyone with some vague hint of financial background went in there, the money that could be saved would be amazing - instead of a fare hike they should send in a team from the auditor general for a year and see what they come up with

Mark Gleeson · 13-11-2006, 10:32

Trust me we have been gathering evidence at quite considerable expense its 110+ pages of documentation at this stage

I have a list of why IE don't deserve a increase, it has 21 items on it all of which are verifiable,

If anyone has any thoughts please let us know, post it here problem it has to be verifiable

Derek Wheeler · 13-11-2006, 19:39

Platform 11 are making a submission to the Minister for Transport outlining our reasons for objecting to the proposed price increase.

Donal Quinn · 14-11-2006, 00:02

other rail systems get a guaranteed price increase every year

ok it's not 9% but surely they need something - wage increases alone are 3%

Derek Wheeler · 14-11-2006, 01:20

Quote:

Originally Posted by Donalq

other rail systems get a guaranteed price increase every year

ok it's not 9% but surely they need something - wage increases alone are 3%

In all fairness Donal, they have to at least go some way towards earning it. Currently they don't.

IHIR · 14-11-2006, 09:33

Quote:

Originally Posted by Donalq

other rail systems get a guaranteed price increase every year

ok it's not 9% but surely they need something - wage increases alone are 3%

so why didnt they ask for 3% for wages? B kenny was on matt cooper last night and sidestepped why they needed 9% by rabbiting on about fuel and wages. He even said they had hedged for their fuel costs before and it had saved a fortune. So why didnt they just do it again, there must be someone in a rail strategy department somewhere that has read something about an energy crisi.

I feel strongly, if the govt (laugh laugh!) send any financial team in there, they will come up with savings.

Mark Gleeson · 15-11-2006, 11:14

Irish Rail are not accountable for the service so no matter how bad it gets there is no comeback

Well despite IE's best efforts to prevent someone seeing it the Department of Transport are complict in this as well

Quote:

The parties to this Memorandum of Understanding do not intend any part of this Memorandum to have any contractual status of any kind.

Irish Rail recieve a 45% subsidy so its not that they are underfunded

12-11-2006, 18:40	#1
Philly Regular Poster Join Date: Sep 2006 Posts: 43	Price Hike CIE seek rise in bus and train fares 12/11/2006 - 10:16:23 Ticket price hikes could be on the way for commuters. There are reports this morning that CIE is seeking a 9% increase in fares for bus and train users. This morning's papers claim that CIE has submitted the price increase request to the Department of Transport, which will rule on it shortly. The company wants a 6% rise in ticket costs, and a separate 3% increase as a fuel levy. It contends that the hikes are needed to cover its increasing fuel bill - which is understood to have risen by €10m since 2003. It also claims that it needs the increased revenue to meet additional wage costs agreed under social partnership. If successful CIE's request would mean an extra five euro added onto a Dublin to Cork train journey, bringing the fare up to about €64, and an extra 15 cent added onto the average Dublin bus trip. Taken from breakingnews.ie

14-11-2006, 00:02	#5
Donal Quinn Member Join Date: Dec 2005 Posts: 267	is it the principle or the size fo the rise thats the problem? other rail systems get a guaranteed price increase every year ok it's not 9% but surely they need something - wage increases alone are 3%

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13-11-2006, 10:24	#2
IHIR Regular Poster Join Date: May 2006 Posts: 47	P11 committee, I hope you are going to go all out on this one, this deserves a huge and robust response - if anything was to galvanise you apart from the diabolical service and overcrowding then this should, its an absolute scandal and disgrace. I guarantee if anyone with some vague hint of financial background went in there, the money that could be saved would be amazing - instead of a fare hike they should send in a team from the auditor general for a year and see what they come up with

13-11-2006, 10:32	#3
Mark Gleeson Technical Officer Join Date: Dec 2005 Location: Coach C, Seat 33 Posts: 12,669	Trust me we have been gathering evidence at quite considerable expense its 110+ pages of documentation at this stage I have a list of why IE don't deserve a increase, it has 21 items on it all of which are verifiable, If anyone has any thoughts please let us know, post it here problem it has to be verifiable

13-11-2006, 19:39	#4
Derek Wheeler Registered user Join Date: Dec 2005 Location: Kildare Posts: 1,555	Platform 11 are making a submission to the Minister for Transport outlining our reasons for objecting to the proposed price increase.