CIE HAS CONFIRMED it is seeking fare increases for Iaranród Éireann, Dublin Bus and Bus Éireann for 2013.

Barry Kenny, media spokesperson for CIE, told TheJournal.ie that the company has been in initial talks with the National Transport Authority as regards fare reviews that would be brought in January next year.

It is understood that fares could rise as much as 6 percent across all transport services in 2013.

Earlier this week cabinet approved additional funding of €36 million for CIE which is in serious financial difficulty. Minister for Transport Leo Varadkar said he could not rule out fare increases as the company will have to implement several money saving measures in order to keep itself afloat.

Kenny said CIE have to ensure it can plan its finances so it can continue to provide transport facilities but added that he could not rule out difficult decisions in relation to services in the future.

Read: Varadkar says CIE transport fares could increase
Read: CIE handed extra €36m ‘to protect public transport’ amid funding fears

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