BRIEF-Sinotrans Air Transportation's 2016 net profit falls 1.5 pct y/y

March 21 (Reuters) - Sinotrans Air Transportation

Development Co Ltd

* Says 2016 net profit down 1.5 percent y/y at 995.3 million

yuan ($144.53 million)

Source text in Chinese:http://bit.ly/2nvGG1h

Further company coverage:

($1 = 6.8865 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)