Brian Pearce
Brian Pearce
Brian Leonard Pearcewas a British Marxist political activist, historian, and translator. Adept and prolific in Russian-to-English translation, Pearce was regarded at the time of his death as "one of the most acute scholars of Russian history and British communism never to have held an academic post."...
achieved cyclical fuel industry recovery rise
Excluding the rise in the fuel bill, the industry has actually achieved a 'normal' cyclical recovery in profitability.
efficiency fuel gains offset past prices revenue rise seen sharp strong year
This past year has seen the sharp rise in fuel prices more than offset the efficiency gains and a strong revenue environment.
case financial optimism qualified
There is now a case for qualified optimism about the industry's financial performance.
appear demand downward economic fuel global growth major oil prices remain risk slow trend
Fuel prices remain a major risk but now appear to be on a slow downward trend as global economic growth and demand for oil slows.
airline challenge companies costs efficiency fast gains growth oil response revenue rising tremendous
Companies have made tremendous gains in efficiency in response to the challenge of the oil bill. In 2006 the revenue growth will slow, but we think airline costs will not be rising as fast as revenue.