easyJet has reported a rise in pre-tax profit of 27.9% to £317m over the year to the end of September.
The budget airline said a surge in late summer demand helped boost its revenue, which increased by 11.6% to £3.85bn.
Passenger numbers were up by over 7% at the company - which is the largest airline at Gatwick airport - and it more than doubled its full year dividend from 10.5p to 21.5p, or £85m.
The company said its strong results come despite a rise of £182m in fuel costs and low consumer confidence across Europe as a result of the ongoing debt crisis.
Chief executive Carolyn McCall said: "These results demonstrate that easyJet is a structural winner in the European short-haul market against both legacy and low cost competition."
She added: "Whilst there is always the potential for unexpected events to temporarily impact financial results the Board of easyJet is confident that its business model, strategy and people will consistently continue to generate superior returns and growth for shareholders."
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