1. Even if Gibraltar falls the RN can stil keep the Axus from siezing the Azores,Cape Verde's and other such islands which means they could possibly loose Gibraltar and still have bases to replace it besides this type of operation can't be done on the fly it takes a little more planning. 2. No the Italian Fleet will be of very little utility because of it's short legs and Germany & italy had no expierence in this sort of operation . Also at the start of the war the Littorio & Vittorio Vento were not yet ready while 2 of her older BB's were still undergoing refits leaving just 2 BB's to the Italians while the Kriegsmarine didn't have very many major assets ready/fit for combat after the Norwiegion Campaign. The Airborne operation to Africa & the South Atlantic? This isn't like the Norway or Low Country or Crete campaigns this will be thousands of muiles away totally different. 3. Even if both Malta & Gibraltar fall the British can still maintain a vetry strong defensive position in Egypt. 4. Maybe but the British had basically already taken the French Fleet out of the equation. 5. No the Axis couldn't have put a much larger force into the Dessert Camapaign in the summer of 1940 simply because the ports of Libya didn't have the capacity to support a much larger force especially when they get very far into Egypt. 6. Once again logistics is against the Axis here how are they going to get to Italian East Africa? The Suez Canal? Around the cape of Good Hope? 7. refer to #5 above 8. It would been awfully hard to move a large force by air in the summer of 1940 after the Luftwaffe air transport losses in the Dutch Camapaign. The others also suffer from similar logistics issues.