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Evening Standard
Evening Standard
Holly Williams

Ryanair profits more than double on Easter timing and fare hikes

Ryanair
The average fare rose 21% year-on-year to 51 euros (£44.18) in the quarter, Ryanair said (Chris Radburn/PA) - (PA Wire)

Budget airline Ryanair has revealed that quarterly profits more than doubled thanks to strong Easter demand and as fares surged by more than 20%.

The Irish carrier reported profits after tax of 820 million euros (£710.3 million) for the three months to the end of June, up from 360 million euros (£311.8 million) a year earlier.

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