It will be the 40th display by the Red Arrows at the event

Organiser Mike Higgins said this year's display is costing �130,000. The States has made an increased contribution of �50,000, the rest is from sponsorship.

However, he added it was getting very difficult to organise with increasing insurance and aviation fuel costs.

This year's event is still due to go ahead on 9 September.

Mr Higgins claimed that without more States funding in future, the event may end - or else a way to charge the public could have to be found.

Tourism officials have said they wanted to help the display organisers to get as much sponsorship as possible.

A range of military and civil aircraft are being lined up for this year's display.

It will be the 40th year the Red Arrows have performed in the island, which is the only place in the world where the aerobatics team has displayed consecutively each year.