The Wings Over Water airshow in Leamington has been cancelled.
The show was scheduled for the weekend of September 17 at Seacliff Beach after being delayed last summer.
Organizers said they were unable to secure adequate levels of funding to host the event.
"Airshows, especially when planned from scratch, require significant support from local businesses and organizations to assist in laying the foundation for future events," said Brad Krewench, Chief Executive Officer in a media release. "In the end, we could not secure enough financial support from this community to confidently produce an event that will satisfy the commitments needed to produce an event of this scale."
Anyone who has already purchased tickets for the event will be given a full refund.