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Translink Fares Frozen Again Amidst Funding Woes

Summary

  • Public transport fares will not increase for the second consecutive year.
  • Minister prioritized consumers due to a difficult funding backdrop.
  • Diesel prices have surged by nearly 40% since the Iran war began.
Translink Fares Frozen Again Amidst Funding Woes

For the second consecutive year, Translink fares will remain frozen. Infrastructure Minister Liz Kimmins announced the decision, acknowledging the difficult funding environment for the public transport operator.

This decision comes as diesel prices in Northern Ireland have surged by almost 40% since the beginning of the Iran war. While Translink has mitigated some costs through advance diesel purchases and increasing its electric fleet, budgets remain strained.

Minister Kimmins emphasized prioritizing consumers during the current crisis, stating that a fare increase would place further pressure on workers and families. Translink, publicly owned, operates at arm's length from the Department for Infrastructure.

The company required significant support during the pandemic due to drastically reduced passenger numbers. Although passenger levels have largely recovered, Translink has used financial reserves to continue operations. Translink is actively working towards a greener future with an increasing number of zero-emission buses in its fleet.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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