1) The Brayton cycle describes the ideal thermodynamic cycle of a gas turbine engine. It involves constant pressure heat addition and isentropic expansion/compression processes.
2) The key processes are: isentropic compression in the compressor, constant pressure heat addition in the combustor, isentropic expansion in the turbine, and constant pressure heat rejection to the atmosphere.
3) The thermal efficiency of the Brayton cycle depends on the temperature ratios between the different states and can be expressed in terms of the pressure ratio across the compressor and turbine. Higher pressure ratios lead to higher efficiencies.