Guernsey Air Display will go ahead this year, with the Red Arrows and Battle of Britain Memorial Flight.
The Guernsey Air Display Twitter account tweeted it was "excited to announce" that the event would take place on 10 September.
Meanwhile the organiser of Jersey's Air Display says they still hope to go ahead.
Deputy Mike Higgins says the island needs to be in Level One of the island's Safe Exit Framework and approval from the Bailiff will be needed before it can go ahead.
He confirmed the red arrows are booked, as is the Battle of Britain memorial display.
We really want to go ahead, and we are ready to go ahead, we are just waiting to see if we can. We need to be in Level One and we need permission from the Bailiff. It is important to remember that even if we do get permission, if things change with Covid, it can always be cancelled at the last minute. We are hopeful, it will go ahead.