What I actually think is interesting is what EK/EY/QR think of Turkish Airlines? They have a better position geographically (where Europe and Asia meet--IST), they are ordering tons of planes of all sizes, have chefs on all of their widebodies, and have NO restrictions of entry into Germany, France, etc. They may also hurt the European carriers (although they are in an Alliance), but may beat the ME airlines at their own game. The fight over there looks interesting from way back here! Have at it!
Bye Bye---General Lee
Disagree with you there. Dubai is perfectly situated for Indians flying to Europe/NA, Far East Asians to Africa, Aussies to Europe, North Americans to Africa, Europeans to Asia/Afica/India, and of course Gulf Residents to anywhere. IST would require some backtracking for quite a few of those groups. Not to mention the IST airport is a mess and Turkish appears to be chronically mis-managed. Don't see much of a threat there.
The reality is that the biggest threat to EK is a lack of slots and local restrictions. The protectionist response shows that many don't have a competitive response. If Europe becomes saturated then they will send more capacity to North America and Asia. Do you think the US will block EK with a pending order for 200+ 777X's in the balance? How many billions does that represent?
The only saving grace for US legacies is that most of the business travelers in the US are tied to a frequent flyer program. The big threat to DAL will be once EK starts flying to the west coast via Asia and the east coast via Europe.