Decline in Luas passenger numbers

Mark Hennessy · 25-05-2010, 21:50

In the event that the Luas makes a "loss", how much profit will Veoila have made?

Also, will the accumulated profits (i.e. the future fund to pay for maintenance) be raided if the Luas makes a "loss".

I'd love to know how much margin Veolia are making from the hidden contract with the RPA and if the RPA can adjust it downward in order to ensure value for the cutomers, i.e. they don't make the shortfall with steep fare hikes.

Mark Gleeson · 26-05-2010, 06:39

The veoila contract, i.e. what the RPA pay them is linked to the consumer price index so Veoila got less this year than last

26-05-2010, 06:39	#2
Mark Gleeson Technical Officer Join Date: Dec 2005 Location: Coach C, Seat 33 Posts: 12,669	The veoila contract, i.e. what the RPA pay them is linked to the consumer price index so Veoila got less this year than last __________________ Unhappy with new timetable - let us know

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25-05-2010, 21:50	#1
Mark Hennessy Membership Officer Join Date: Dec 2005 Location: Maynooth Posts: 1,116	In the event that the Luas makes a "loss", how much profit will Veoila have made? Also, will the accumulated profits (i.e. the future fund to pay for maintenance) be raided if the Luas makes a "loss". I'd love to know how much margin Veolia are making from the hidden contract with the RPA and if the RPA can adjust it downward in order to ensure value for the cutomers, i.e. they don't make the shortfall with steep fare hikes.