I can understand the financial reasons for the Portsmouth Air Festival cancellation, but also the clash with the Pompey v Bournemouth football match over the same weekend, the league would never have agreed to postpone that for the air show. It would have been interesting if the re-vitalised Lee-on-Solent airfield would have been used as base for the smaller/lighter aircraft participants, will now have to wait till 2013 to find out, fingers crossed for next year anyway.:)
Gerry R