There is a true difference between the P AF clientele and First class passengers from Middle East company (and generally when you meet the taste for ones, you don't for the others).
Same story for haute joaillerie (Van Cleef & Arpels nearly lost its non-Middle East clientele with its creations, and had to shift dramatically to recover strong position in the high luxury business).
AF P product is typically an European offer, and I am quite sure it will gain some good positions on its core markets.