Taxi Fares Increase Nationwide by 3.2%
1st February 2018: As decided by the National Transport Authority (NTA) in September 2017, taxi fares across Ireland will increase by 3.2% and this increase will be in effect from February 1st 2018.
Lynk, the Irish taxi app, says that while customers will never welcome an increase, they hopefully won’t mind this minor increase which would see a €15 fare have an increased rate of less than 50c.
While many in the taxi industry are applauding the efforts by the NTA to improve the income of taxi workers, many drivers say the small increase will not be enough to offset increased insurance, tax and fuel costs. Additionally, existing drivers will have to pay approx. €200 to recalibrate their meters meaning it may take some time to recoup that investment with the new higher fare system. However, in the longer term it will mean higher earnings for taxi drivers, both existing and those considering entering the industry.
Noel Ebbs, CEO of Lynk taxis, says “At Lynk we’re welcoming the new fare increase as it will better improve the income for our valued drivers. We already offer a package that helps our drivers make a healthy income and control that income with their own work schedule but the higher costs of running a taxi and in particular rising insurance costs, has put heavy financial pressures on some drivers. We believe our loyal customers will accept the slight increase in their individual fares as they know, with Lynk, we supply them with a superior service and our drivers go above and beyond the call of duty to retain their custom.”
For further information on the Lynk service go to www.lynk.ie