A report published on Thursday by Amsterdam Aviation Economics suggested that the Irish government’s €10 travel tax will result in revenue losses of €482m, up to 3,000 job losses and 1.2 million fewer departing passengers, while generating just €116m in tax revenues in its first year of operation.

The report was commissioned by Aer Lingus, Cityjet and Ryanair, who between them account for 83% of air travel passengers to and from Ireland. It was launched at a press conference hosted by the chief executives of the three airlines, Christoph Mueller Geoffrey O’Byrne-White and Michael O’Leary.

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