Ryanair's net profit more than doubled in its April-June quarter on higher-than-expected last-minute fares and the timing of the Easter holidays, while bookings for rest of the summer are "robust", Europe's largest low-cost carrier said on Monday.

Ryanair's net profit more than doubled in its April-June quarter, thanks to the timing of Easter holidays and better-than-expected last-minute fares, Europe's biggest low-cost carrier said today.

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.