Wings Over Illawarra will return in 2020 after fears the 2019 event may have been the last air show at Illawarra Regional Airport.
In the days following May 4 and 5, Mark and Kerry Bright, of Bright Events, were soul searching and crunching the numbers after making a considerable loss.
Numbers were down by about 9000 to 21,000 visitors compared to 38,000 in 2018.
Mr Bright said the reason was not the weather on the Sunday but the fact that this year's air show coincided with a major defence force training exercise held every two years.
And that meant some of the star attractions such as the Hornet were not able to make an appearance.
After all their soul searching the couple is now confident Wings Over Illawarra 2020 can set a new attendance record and cover all the costs of staging such a major event that injects $5 million into the Illawarra economy.
Mrs Bright said Wings Over Illawarra is definitely happening again the first weekend next May.
We have also been having several positive meetings with sponsors and potential sponsors and that is all looking very positive.
"We have had meetings with Destination NSW and they have confirmed that Wings Over Illawarra is definitely in their forward planning, although the levels of support will not be known until the budget is handed down," she said.
"We have also been having several positive meetings with sponsors and potential sponsors and that is all looking very positive."
Mrs Bright said the generosity of local businesses is amazing.
As is the community and the number of people willing to volunteer every year.
That kind of support is what is giving them the confidence to continue.
"While we still have a lot of money owing, our debtors have been so very understanding and supportive. It makes me cry every time I speak to one of them," Mrs Bright said.
"We will get our debts paid and Wings Over Illawarra will continue to be the largest event on the South Coast, showcase our region to thousands of visitors, and inject those much needed dollars into our local economy.
"2020 will not have the issues that 2019 had that were so out of our control".
Mr Bright said Bright Events has requested additional funding from Destination NSW but expects the forward planning probably as the state government looking at a similar amount to this year.
"We are going to have to make some cuts this year to get back on top but not in the air show display," he said.
"We are expecting to see a Hornet again in 2020. Hornets have been at five of the six events during the last six years. We have also requested an F35. At this stage they are not available for any air shows in Australia. There are only four in the country. But we have put an application in and have all our fingers crossed".