In 2009 they were almost wound-up for not filling the 2007 accounts. I cannot see how the 2008 accounts can be submit with them stating that the airport is a going concern. My view is the airport is a dead man walking.
Another source of boring data is the CAA airtransport movements. In addition to Coventry losing the schedled traffic the other flights seem a lot lower as well.
have a look at july 08
http://www.caa.co.uk/docs/80/airport..._Movements.pdf
and July 09
http://www.caa.co.uk/docs/80/airport..._Movements.pdf
That is 515 movements down to 110!