Friday, February 17, 2012

Saskatoon air show for veterans cancelled: Credit Union Centre CEO says it has not done well financially

This year will only see the Remembrance Day ceremony to honor veterans, with the Canada Remembers Air Show grounded.

CUC CEO Will Lofdahl explained the air show is too expensive, and suffers from big losses.

"It is something that our management and our board have been looking at in recent years, as to whether it's an event that we want to go forward with in the future," he said.

"It has not done well financially."

He added that the decision was not unexpected, but it doesn't have anything to do with the firing of two employees earlier in the year.

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