Chinese aircraft at Beijing. Photo: By Rob Finlayson. Chinese airlines reported an aggregate net profit of CNY1.88 billion ($290 million) in May, up 78.1% over net income of CNY1.05 billion in the year-ago month. The industry attributes the increase to robust domestic market growth stimulated by China’s fast-growing economy. Total operating revenue climbed 22.4% year-over-year to CNY28.1 billion while operating expenses heightened 19.5% to CNY26.27 billion. May passenger ...

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