Air China 737-800. Photo: Courtesy, Boeing. Chinese airlines continue to post large profits, but Air China and China Southern Airlines both saw earnings dip in the 2011 first-quarter compared to the year-ago period, despite strong revenue growth. CA reported net income of CNY1.67 billion ($255.8 million), down 23% compared to a profit of CNY2.17 billion in the March 2010 quarter. CZ earned CNY1.24 billion ($190 million), down 12.9% from a CNY1.42 billion profit last year. CA ...

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