 easyJet plcs hefty fall in losses in the British low-cost airlines full-year results proved a clear rebound in financial performance, said transport analyst Gerald Khoo at Libereum Capital. Even though the underlying trend was masked by the Omicron-related restrictions in the first half and operational disruption in the third quarter, according to Khoo, easyJet has implemented many structural changes that should make it a more profitable airline, all other things being equal, once its capacity returns to pre-pandemic levels. 