Bus Éireann may seek protection of courts amid crisis
Examinership emerges as real option to fix finances as strike costs €125k a day in fines
Bus Éireann management is considering the possibility of placing the company into examinership, with new figures revealing a worsening financial crisis at the beleaguered semi-state company.
The all-out strike by workers at the semi-state body is costing it up to €125,000 per day in fines for non-delivery of services by the National Transport Authority (NTA), which is now pushing it closer to insolvency.
Examinership is now emerging as a real option, it is understood.
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