Swiss company ADP has pulled out of negotiations to buy Coventry Airport.
February 13: The BBC reports that Swiss company ADP has pulled out of negotiations to buy Coventry Airport in the West Midlands, UK.
Despite ADP saying the site had “great potential”, it is not known why it decided not to pursue purchase of the site. Coventry city council’s deputy leader Kevin Foster said it was “a blow, but not a knockout blow”.
It is believed there are still several interested parties, but a deal could still be some way off to re-open passenger and freight flights from the Baginton site.