Transdev has lost out in a tender process to operate the Luas service, after running the tram system for 22 years. Photograph: Leah Farrell/RollingNews.ieLuas operator Transdev has lost out on the €1.75 billion Luas contract after 22 years of running the service, branding it “very disappointing news” to staff. State agency Transport Infrastructure Ireland (TII) began to seek a new operator for the contract in 2023 to operate and maintain the Luas service. [ Pretax losses at Luas operator Transdev reduce by 61%Opens in new window ]Its €1.75 billion price tag covers the cost of all those elements, including rolling stock overhauls, expensive work that must be done every four years. “This is clearly very disappointing news for our company,” Transdev told staff.

Source: The Irish Times February 26, 2026 15:05 UTC