USERS OF DUBLIN Bus, Irish Rail, Luas and Bus Éireann will see the price of their annual and monthly tickets jump in the coming months.
The National Transport Authority has approved fare increases of between 2.5 and 10 per cent for all contracted public transport services today.
New prices for annual fares will begin on 1 November, while the cost of monthly tickets will rise on 1 January, 2013.
The NTA said the changes are necessary because of the 6 per cent reduction in subsidies for public transport, as well as the continuing decline in patronage and revenues.
It also cited fuel costs and previous cuts to subvention in a statement explaining the move this evening.
Commenting on the Railway Procurement Agency’s current situation, the authority said Luas revenues are not matching operating costs, which has resulted in a depletion of cash reserves – the source of funding for maintenance work.
The NTA said these fare increases are the first of two stages of 2013 fares determination. Other tickets will be reviewed in the coming weeks.
A monthly adult Travelwide card for Dublin Bus will now cost commuters €112, instead of €105. The yearly equivalent will be €1,120 (up from €1,050).
Monthly Luas tickets will, on average, cost about €4 more than the current price. Irish Rail’s request for a 9.8 per cent increase has been authorised and will see monthly Short Hop passes cost €123.
The combined Bus/Luas Monthly ticket will increase from €124 to €131.50. The Rail/Luas combination will be €6 more expensive at €161.
Other fares can be checked on the NationalTransport.ie website.
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