Just a thought. The ME3 have connections to OPEC and if they see the direct flights are causing their hubs to be bypassed, they could influence OPEC to decrease production, hence increase oil prices and then the long haul flights will become uneconomical again.
OPEC + Russia have been trying this and it's not been terribly successful. The Saudis have gave up their role as price setter (swing producer) to the USA. The problem faced by OPEC is that shale oil in the USA is constantly lowering costs. It uses repeated processes across thousands of individual wells. There is constant appetite to refine these processes, unlike the conservatism in conventional oil’s mega-projects, which take 4-7 years, where billions of dollars can be jeopardised by just one fault. Most importantly, continuous processes are easier to digitise, data-mine and optimise:
x One study looked back at 800 unconventional wells in the Permian basin’s Wolfcamp shale. 90% used one or more data technique to diagnose successes and failures in the hydraulic fracturing process, to improve the process in the future.
x Another study used drill-cutting data to optimise fracturing along a Wolfcamp shale well. As a result, production improved 60% compared to an offset well.
60% of the costs are fixed, which means per-barrel costs will be easily deflated by raising ultimate recoveries per well. Currently well are achieving 750kboe, which can improve to 1.3Mboe by the early 2020s through various technologies currently being introduced or being analysed.
If anything, the help that the ME3 get from not paying tax, interest free loans, to Govt financing of building mega airports that charge below cost landing fees will have to be reduced as oil revenue causes those Govts to cut back on spending.