Ryanair reported profits of €211 million for the past three months, almost tripling those of the same period prior to the introduction of Covid. The low-cost airline claimed that “pent-up travel demand” during the October half-term and the Christmas holidays contributed to the strong quarter. It made €88 million for the same quarter prior to … Read more
New and improved bus routes, as well as additional capacity, have been announced for Limerick and many other counties. Minister for Transport Eamon Ryan and Minister of State Hildegarde Naughton announced the routes, saying the new and improved routes link Limerick to its hinterland and nationally as part of the new Connecting Ireland Rural Mobility … Read more
The M50 motorway have seen a 13% increase in toll revenue last year as traffic volumes returned to pre-pandemic levels. But the €140 million in toll revenue on Ireland’s busiest motorway, which also includes €7.5 million in fines, is less than the €160 million pre-pandemic revenue in 2019. The number of trips taken on the … Read more
According to the Central Statistics Office, (CSO) lower-income households in June saw inflation rates of up to 10.3% compared to highest income households’ 8.2%. The CSO has published an update to its first research paper on inflation broken down by various household characteristics up to June 2022. Commenting on the research report, Joseph Keating, … Read more
EU Transport Ministers agreed on a range of legally binding measures to reduce greenhouse gas emissions in the transport sector in the coming decade. The new measures, which are to apply to all Member States, have been negotiated over the last 12 months. With this agreement, the stage is set for negotiations with the European … Read more
Minister for Transport, Eamon Ryan TD, today announced details of a €597 million investment programme for 2022 for regional and local roads. Overall funding will increase by over 4% this year. The funding package will allow approximately 3,100kms of roads to be maintained and 2,550kms to be strengthened. Minister Ryan stated: “The main priority in … Read more