Perhaps the question which needs to be resolved is whether the conditions under which CVT was revitalised a few years ago still exist.
The things which have changed are Thomsonfly's policy on scheduled/City flights, the credit sqeeze and Ryanair's base at BHX.
Coventry might have breezed past one or two of these but to survive all three will be mighty difficult - just how deep are the pockets of the property developers who are the present leaseholders?