BUDGET airline easyJet reported a 17.4 per cent increase in passengers on its flights last month.

The carrier said 1.86 million people flew on its planes in February, against 1.59 million in the same month last year.

The group's load factor - how full its aircraft were - during the month remained flat at 89 per cent against the same period last year.

EasyJet said the figures confirmed comments it made at its annual meeting last month, when it said it remained "cautiously optimistic" about the airline's performance in the current year.

Last month, easyJet said it carried 5.3 million people in the three months to December 31, a 16.3 per cent rise on the same period in 2002.

Chief executive Ray Webster said the group expected to make a first-half loss, with the majority of its profits coming in the last quarter of the financial year because of the seasonal nature of the business.