New Delhi: At a time when majority of foreign airlines are cutting their expansion plans following reduction in airlines traffic, the Indian and Chinese aviation sector are doing well.

The Indian Airlines have witnessed 2 percent increase in the air traffic and capacity in the current fiscal. Meanwhile, China has posted 8.4 percent growth in air traffic and 8.8 percent in airline capacity.

The neighbouring country has shown remarkable growth in Plant Load Factor (PLF) in comparison to India.

Interestingly, three percent growth has been registered in PLF within three years. However, in India the load factor remained low. It is only on the basis of Chinese aviation industry that 3.6 percent escalation in global aviation has been witnessed.

According to fresh report released by International Air Transport Association (IATA), despite unfavorable economic condition across the world, Indian and Chinese airlines have performed well in domestic market.