They will certainly have a role in the future of aviation, there is no doubt about it. People will prefer to fly non-stop if it is available,

It is clear that the revenue environment is stronger than anticipated and consensus upgrades are likely today.

We're still in the early stages (of recovery). The market is still suffering from excess capacity on the North Atlantic.

That is obviously the most thorny problem. The situation is still brittle, even though the Gate Gourmet dispute is nearly over and BA is back working. There remains the possibility things will erupt again,

That is obviously the most thorny problem,

He's got the formula right. He's entering the market at the right time in terms of European liberalization and during a strong economy and he's entering with the right concept.