Causeway Coast and Glens Borough Council were due to provide £240,000 of funding for this year’s show. However, this has been withdrawn amid £2.2 million worth of cuts, after it was revealed that the council was nearly £90 million in debt.
Councillor Darryl Wilson of the Ulster Unionist Party confirmed on BBC Radio Foyle that the show had been cancelled for this year on Thursday 13th February. However, he did not rule out reviving the event in the future.
The airshow organisers have made no statement.
The event, scheduled for the 5th-6th September 2020, is one of Northern Ireland’s only airshows. It is estimated to be worth £2.5 million to the local economy each year.