10 key points from Ryanair's third quarter results

Profits dipped but cost-cutting and traffic growth helped offset falling airfares

Ryanair said its third quarter net profit fell by eight per cent to €95 million. Here are the key points from the results which cover the three months to December 31, 2016.

- Averagefares fell by 17 per cent to €33 but traffic grew by 16 per cent to 29 million customers while the airline said its load factor rose by two percentage points to a third quarter record of 95 per cent