There will always be competition but KQ has to remain dominant in Africa otherwise fighting for Europe (against numerous European Airlines) or Asia traffic against the Mid-East carriers is a losers game!
In Africa, I think SAA will have its own hassles since it is subsidized. Too much politics/cronyism in SAA is great for KQ. ET is also 100% govt owned & I hope it bites them in the bum too...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett