16/09/2008
Taxi Fares Up As Fuel Goes Down
Taxi fares are expected to significantly rise by the end of the year, just as fuel costs begin to come down.
The Taxi regulator has commissioned a special team of consultants to review the present taxi fares, and the team have come back with a recommendation to raise taxi fares by 8.3%.
The increase is largely believed to be based on fuel costs and their recent record of increases. However, in recent days the prices of crude oil has dropped significantly and is expected to drop further.
Oil fell more than 5% dipping below $91 a barrel and taking its two-day decline to more than $10. Oil has declined 4.5 percent this year and dropped 38 percent from the record $147.27 a barrel reached on July 11, and this is expected to be reflected in the cost of fuel soon.
Taxi unions are lobbying for an increase as soon as possible, but a final decision on the hike is not expected until the end of the year. And although the Taxi Commissioners office is not obliged to accept the consultant's findings, it is widely believed the changes will be implemented.
The report also revealed there were a total of 20,755 taxis on Ireland's roads at the end of July this year, a five-fold increase since the sector was deregulated in 2000.
(DW/JM)
The Taxi regulator has commissioned a special team of consultants to review the present taxi fares, and the team have come back with a recommendation to raise taxi fares by 8.3%.
The increase is largely believed to be based on fuel costs and their recent record of increases. However, in recent days the prices of crude oil has dropped significantly and is expected to drop further.
Oil fell more than 5% dipping below $91 a barrel and taking its two-day decline to more than $10. Oil has declined 4.5 percent this year and dropped 38 percent from the record $147.27 a barrel reached on July 11, and this is expected to be reflected in the cost of fuel soon.
Taxi unions are lobbying for an increase as soon as possible, but a final decision on the hike is not expected until the end of the year. And although the Taxi Commissioners office is not obliged to accept the consultant's findings, it is widely believed the changes will be implemented.
The report also revealed there were a total of 20,755 taxis on Ireland's roads at the end of July this year, a five-fold increase since the sector was deregulated in 2000.
(DW/JM)
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01 October 2009
Taxi Drivers March On Transport Department
A group representing Ireland's private taxi drivers is to stage a protest in Dublin today, it has been revealed. An Garda Siochana said they understood a protest would take place by the group who are calling themselves “The Irish Taxi Council” this afternoon. According to Irishtaxi.
Taxi Drivers March On Transport Department
A group representing Ireland's private taxi drivers is to stage a protest in Dublin today, it has been revealed. An Garda Siochana said they understood a protest would take place by the group who are calling themselves “The Irish Taxi Council” this afternoon. According to Irishtaxi.
23 September 2008
Taxi Fares To Increase In Novemeber
Taxi drivers are in for an early Christmas bonus this year, as the body that sets fares has decided to award an increase this November. Following a lengthy consultation process by the Commission for Taxi Regulation, fares and many of the additional charges are set for a significant increase.
Taxi Fares To Increase In Novemeber
Taxi drivers are in for an early Christmas bonus this year, as the body that sets fares has decided to award an increase this November. Following a lengthy consultation process by the Commission for Taxi Regulation, fares and many of the additional charges are set for a significant increase.
03 November 2008
Ryanair Profits Stall
Although budget airline Ryanair is still expected to break even over the full year, as lower fares would be largely offset by the recent reversal in fuel costs, the company is likely to be loss-making over the next six months. This follows forecasts of a drop in average fares of between 15% and 20%.
Ryanair Profits Stall
Although budget airline Ryanair is still expected to break even over the full year, as lower fares would be largely offset by the recent reversal in fuel costs, the company is likely to be loss-making over the next six months. This follows forecasts of a drop in average fares of between 15% and 20%.
02 October 2009
Delays Expected During Taxi Protest
A second day of marches by a group representing Ireland's taxi drivers is expected to cause major traffic delays in the capital. The worst of the delays are expected for the city centre and on all approaches to the East Link Bridge.
Delays Expected During Taxi Protest
A second day of marches by a group representing Ireland's taxi drivers is expected to cause major traffic delays in the capital. The worst of the delays are expected for the city centre and on all approaches to the East Link Bridge.