From BBC News:

The first airshow at Durham Tees Valley Airport in more than 20 years has been cancelled.

Supporters of the airport had raised £35,000 towards the event but need a further £30,000 investment.

Colin Granton, chair of the Friends of Durham Tees Valley Airport group, said a “lack of operational support” – rather than a funding shortfall – meant the show could not go ahead.

The airshow would have taken place this summer.