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Old 10th May 2009 | 08:31
  #1081 (permalink)  
befree
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Joined: Aug 2004
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From: uk
Airport was almost dissolved!

The 2007 accounts can now be read for £1. They were filled on the 1st May. Compaines house almost dissolved the firm as they were 6 months late filling the accoungs for 2007.

They lost £5.7m on £10.4m trading in 2007. It seems they have been saved by TUI buying their way out out a contract to fly from Coventry. As they have paid not to use the airport it must have been bad.

You can find out a lot from the accounts.
the comp no is 3442017

I cannot see it lasting from the mass of debt they were servicing.

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