Chinese carriers reported a collective net income of CNY1 billion ($163 million), tripled from a net profit of CNY323 million in year-ago month. Operating revenue climbed 22% to CNY35.4 billion while operating expenses increased 14% to CNY30.1 billion. Industry analysts credited the Chinese Spring Festival, which stimulated domestic market demand, for the profit increase. Passenger boardings grew 19% to 30.58 million with an average load factor of 81.3%, up 3.1 points over the year-ago ...

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