Winding up petition served to Coventry Airport

1.12.2009   (Birmingham Post)

Coventry Airport is facing an uncertain future after the company which owns it
was served a petition to ‘wind up’ its business amid rumours of spiralling debt.


Bosses at the airport – which has been up for sale since May of this year – are
due to appear in court next week.


The petition was handed over to airport owners, West Midlands International Airport
Ltd, on October 23 and a hearing is due to take place at London’s Royal Courts of Justice on Wednesday,
December 9.


The application was made to the High Court by HM Revenue and Customs. If the court grants the petition and makes the winding-up order, Coventry Airport
will be placed into compulsory liquidation.


Brian Cox, airport director, said: "West Midlands International Airport Ltd is
aware of the High Court petition and is actively seeking a solution. No further
comment will be made at this time."


The airport has had an unsettled year.   In November 2008, Thomsonfly announced
it would be axing all its flights from Coventry – news announced just one month
after Wizz Air pulled its flights from the city to Poland.


Thomsonfly operated 35 flights to eight destinations across Europe each week
and the airline had been due to launch four new routes this summer.


But airport bosses remained optimistic and continued to insist that the company
was still open for business.


In August the company invested in an Executive Jet Centre to handle the growing
number of executive aviation movements and cargo.


Coventry Airport teamed up with luxury chauffeur drive company, First Class Cars,
to provide top of the range ground transportation for clients using the centre.


A month later, airport bosses revealed they were in discussions with an interested
buyer, but refused to say who it was.