It's always funny with Ryanair. The price always seems to either be rock bottom at something like £20 return, beating all other airlines. Or they are priced, like this one, far more expensive than everyone else. Book with Easyjet as they have a civil time flying back from ALC at 11.15. Ryanair depart ALC - EMA at 06.00!
The price difference with FR and EZY is that easyJet's flights are usually cheaper months in advance and then get more expensive. Where as with FR when seats are released a long time in advance they are quite high and then get much cheaper. So that £111 price could and will most likely drop to around £50.