China Southern Airlines reported a net profit increase of 4.1% to CNY2.65 billion ($393 million) for the first quarter of 2019, compared to CNY2.54 billion in the year-ago period. After deducting nonrecurring items, the carrier’s net profit was CNY2.46 billion, up 3.2% from CNY2.38 billion in 1Q 2018. China Southern reported 1Q operating revenue of CNY37.6 billion, up 10.4% year-over-year, while operating costs rose 8.2% to CNY34.7 billion. In April, the airline had said the outlook ...

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