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NEW BOARD TO START CIE. ON WAY TO PROFIT

5th September 1958
Page 30
Page 30, 5th September 1958 — NEW BOARD TO START CIE. ON WAY TO PROFIT
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A NEW board has been set up to 1-1 control Coras lompair Eireann, the road and rail transport undertaking which has until 1964 to start making a profit. Chairman of the boartheis Dr. C. S. Andrews, former managing director of the Eire Turf Board, who took over on Monday "with an open mind."

On October L. the Great Northern Railway in tire will -cease to exist, and C.I.E. will become responsible for its former operations. In Northern Ireland, the G.N.R. lines have been taken over by the Ulster Transport Authority.

Five C.LE. directors—three outgoing

emenibers of the board and two members of . the G.N.R. board—have been appointed to thenew body for five years. To help them make the undertaking 'pay its way within six years, the Eire Government. hai allocated a grant of ant: a Year until 1964.

C.I.E. and U.T.A. will operate a joint Belfast-Dublin rail service, but it is expected that several lines 'will close.


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