Is the Luas profitable?
Is the Luas profitable? The figures show people made a total of 26 million journeys on the Luas last year compared to 22.2 million in 2005. The service made a profit of €5.6 million last year, compared with €230,000 in 2005. The RPA's figures show that it received €43.5 million in taxpayers' money in grants.
Does the Luas make money?
Dublin's Luas system made a profit of more than €5 million and carried people on 26 million trips last year, the latest figures show. The Rail Procurement Agency (RPA), the body responsible for the two-line Luas system in Dublin and developing other projects, released its annual report yesterday.
Is the Luas sustainable?
As a sustainable public transport option, Luas is addressing one of the most pressing environmental concerns worldwide, 'the growing impact of transport on the environment.
Is the Luas public or private?
Dublin's Luas light rail system is owned by the state-owned Transport Infrastructure Ireland and operated on its behalf by Transdev. It was previously operated by Veolia Transport Ireland (formerly known as Connex). There are currently two Luas tram lines in the city, the Red and Green.
How many Luas are there in Ireland?
The Luas network is made up of 2 tram lines, the Luas Red Line 21km long and the Luas Green Line 22km long which interchange in Dublin city centre. The Luas network has 69 stops and a fleet of 73 trams.