Right, firstly, current booking period for flights/holidays from Coventry Airport goes until 30 April 2009, check thomson.co.uk and see for yourself.
If the Coventry operation is "clearly not viable at its current pax level", then firstly you must obviously have all the stats in front of you, and secondly, that same rule of thumb should also be attributed to BOH (only one based aircraft next Summer)?
The only reason Coventry would not be viable, is due to the fast backtracking of the FCA/TOM "merger" to concentrate on charter ops: make a quick buck for the shareholders.
I have no doubt that TUITravel want to pull out of Coventry, interesting time for TOM/FCA will be when the short-haul charter/package market is finally consigned to the history books, which should not be in the too distant future given the rapid growth of EZY and FR over the last 5 years.