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DATE:15/02/10
SOURCE:Air Transport Intelligence news
Coventry Airport rescue plan collapses
By David Kaminski-Morrow
Plans for a private Swiss investor to take over the UK's regional Coventry Airport have collapsed after it concluded that the financial risks were too high.
Having initially expressed confidence in its proposal to take a long lease on the airport, re-open it and develop new business, Airport Development Partners has abandoned the plan.