China's airlines earned an aggregate net profit of CNY5.75 billion ($902.7 million) in July, down 1.7% from net income of CNY5.85 billion in the year-ago month. For the first seven months of 2011, Chinese carriers reported combined net income of CNY18.79 billion, up 18% over the year-ago period. July revenue rose 18.7% year-over-year to CNY34.97 billion while expenses jumped 21.7% to CNY28.68 billion. Passenger boardings increased 7.1% to 27.32 million, producing an average load ...

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