The organisers of Great Yarmouth Airshow say the event will not take place this year.
The two-day flying festival was held for the first time in June, with the Red Arrows the star attraction.
Despite thousands of visitors it has been reported the event lost around half a million pounds.
The airshow will not return for 2019, but organisers say they'll be "looking at options for the future".
In a statement on the Great Yarmouth Airshow Facebook page, organisers said: "Unfortunately we will not be holding an airshow in 2019 however we will be looking at options for the future we will keep you posted on this page."