Middle East airline capacity slump deepens as geopolitical risk bites Proactive uses images sourced from Shutterstock European airlines face a sharp and accelerating contraction in Middle East seat capacity, with UBS warning that the structural risks to the sector may outlast any diplomatic resolution to regional tensions. Analysts at UBS, the Swiss investment bank, said capacity on routes to and from the Middle East fell again in the most recent week, extending a deterioration that has gathered pace sinc ...