Chinese airlines profit down 36%, airports stable in Mar-2011

CAAC reported the following financial highlights for the nation's airlines and airports (Yicai, 15-Apr-2011):

• Mar-2011:
  • Profit: CNY2370 million, -27.2% year-on-year;
    • Airlines: CNY1710 million, -36.2%;
    • Airports: CNY250 million, stable;
• Three months ended 31-Mar-2011:
  • Profit: CNY7480 million, +17.5%;
    • Airlines: CNY5730 million, +31.8%;
    • Airports: CNY690 million, -44.6%.