Birmingham Airport is losing an "eye-watering" amount of money under current Covid travel restrictions, according to its boss.
Nearly half of the staff employed by the airport have lost their jobs since the pandemic began in March 2020.
Chief executive officer Nick Barton said it was running at 5% of pre-Covid passenger levels.
The airport received an £18.5m emergency loan in February from Birmingham City Council to help avoid the threat of insolvency.
It has also used the government's furlough scheme and the Airport and Ground Operations Support Scheme which helps cover fixed costs, such as business rates.
But Mr Barton said it was still losing "millions" of pounds as the costs of running the airport when nearly closed "are very close to the costs you incur when you are running it when it is quite full".