A Switzerland-based firm is considering taking over Coventry Airport.
The city council said business support firm ADP had requested 30 days to look through the airport's books.
The Baginton site shut at the beginning of December. Passenger flights stopped in 2008, but the airport had continued handling freight.
The council's deputy leader Kevin Foster said the council had been talking to ADP since before Christmas and he was pleased by the moved.
"We are very confident that this is something that will go forward and will not be 30 days wasted, but will be 30 days that brings an end to the issue," he said.
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