Organisers of the Lowestoft Airshow say they expect this year's event to have been the last, as they don't have enough money to continue. The airshow team says the event brings in 11 million pounds to the local economy and it's asking businesses to help secure its future.
Residents in the town greeted the news with dismay and disbelief, while the local MP said that the community would fight to bring the show back on the road.
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22 Albatross boats, glamorised by the likes of Brigit Bardot and Prince Rainier, are sailing in Norfolk and Suffolk this weekend.