By Conor Humphries DUBLIN (Reuters) -Sharp falls in Ryanair ticket prices seen earlier this summer have eased significantly and Chief Executive Michael O'Leary is optimistic fares will return to growth next summer due to capacity constraints,

Irish budget airline Ryanair reported falling net profit for the second quarter on Monday and revised down its passenger growth target following delays in deliveries of Boeing aircraft.Delays in Boeing deliveries had weighed on Ryanair results and traffic last year.

The aircraft maker's brutal year means the European budget carrier won't get new aircraft, curbing its forecasts.