Economics Shoots Down Highly-Regarded Canadian Airshow

The Annual London International AirFest has been canceled barely a month before the big event. Show officials posted the following statement in explanation.

"It is with deep regret that due to the continued increase in costs and the loss of several sponsors, the Organizers of the 2005 London International AirFest will be forced to cancel this year's show.

In addition to the above, 2 of our media partners have reduced their support of the show and our primary radio partner has confirmed that in the event of a Federal Election, they will be forced to cancel all of our advertising in the weeks leading up to the show. This combination of circumstances has forced us to make this
decision.

In the end, we must ensure that the charities, the suppliers and the businesses that provide support to the show are paid in a timely manner. We are very sorry that we can not proceed this year, but the chances of not meeting the fiscal responsibilities are far too great.

The Directors and Volunteers of the show have performed remarkably and we are so proud of them.

Over our 5 years of operating the show, we have ensured that all bills have been paid, although only one of the years was profitable. In that time, the show has also contributed in excess of $142,000.00 to local charities and organizations.

It has been a very difficult decision but the only decision if the AirFest is to continue June 23 - 25, 2006."

Coinciding with the AirFest is the Annual DiamondFest gathering at the Diamond Flight Center located at the airport. DAPO officials are polling membership to see if any changes need be made to this year's schedule of events. We'll let you know if they decide to make any changes.

FMI: www.londonairshow.com, www.dapo.org