Regional rail's policy puzzle
Published 30/03/2010 | 05:00
PAUL Melia's report 'Galway to Limerick rail route to run at €2.4m loss' (Irish Independent, March 25) set out details of the new railway line.
The journey time will be 30 minutes longer than by road. Only 320 passengers a day are expected to use it. The cost of running the service will be €3.4m, of which only €1m will be recovered in fares, thus delivering an annual loss of €2.4m to the company. Even by 2015, trains are expected to run at only 40pc capacity.
The company says: "The business case suggests that the justification for the project is on the grounds of its contribution to regional development."