Ryanair's net profit more than doubled in its April-June quarter, thanks in part to the timing of Easter holidays, and bookings for the rest of the summer are robust, Europe's largest low-cost carrier said on Monday.

Net profit more than doubled in the airline’s first quarter, driven by a 21% increase in fares due to the Easter holiday falling in April.

STORY: Ryanair’s profits more than doubled in the three months ending June.The airline said on Monday (July 21) this was due to higher-than-expected last minute fares…Along with the timing of the Easter holidays.