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MarkivJ I think you are right about India and the surrounding region – to a degree. It probably won’t be on BA’s priority list in terms of expansion but I don’t think the threat of the Middle Eastern carriers would stop BA launching a route that it sees potential in.
There will still always be a number of people that for whatever reason – whether it be they want a direct flight from the UK or just don’t want to fly with one of the mid east carriers – would chose a non stop scheduled flight with a UK carrier.
An example of this is the recently (ish) launched LGW-MLE route. This has performed very well and was launched despite Emirates et al having a plethora of flights and a massive chunk of the UK-Maldives market. Likewise, a tag on to the Maldives flight has now been added to Colombo, another Emirates stronghold.