The Red Arrows and the Battle of Britain Memorial Flight could be zooming past the skies above our heads soon.

Great Yarmouth Mercury: So nice to see the Red Arrows precision taxying. Photo: Keith NewsomeSo nice to see the Red Arrows precision taxying. Photo: Keith Newsome (Image: (c) copyright newzulu.com)

A bid has been submitted for the spectacular military planes to fly past for the inaugural Great Yarmouth Air Show which is set to take place next June.

If the bid is a success, aircraft such as a Lancaster bomber, Supermarine Spitfires and Hawker Hurricanes, could join the Wildcats Aerobatics team who have already been booked.

Preparations to hold the aerial display this year were grounded because of concerns over terrorism, protecting the environment and the cost of providing medical cover.

The unforeseen issues led to “significantly higher than anticipated” additional costs of more than £130,000.

Great Yarmouth Mercury: Great Yarmouth Tourism and Business Improvement Area launch plans for 2018.GYTABIA Chairman Gareth Brown.Picture: Nick ButcherGreat Yarmouth Tourism and Business Improvement Area launch plans for 2018.GYTABIA Chairman Gareth Brown.Picture: Nick Butcher (Image: Archant © 2017)

The two day extravaganza could attract 175,000 visitors over the weekend and is being organised by the Greater Yarmouth Tourism and Business Improvement Area (GYTBIA), a body independent of the council and paid for by a levy on businesses in the borough.

It is hoped it will boost the economy by £10m.

Honorary president and company secretary of GYTBIA David Marsh said the air show, which is less than six months away, was coming by surprisingly quickly.

He added: “We’ve reshaped and replanned and will deliver the performance next year.”

Great Yarmouth Mercury: Great Yarmouth Tourism and Business Improvement Area launch plans for 2018.Picture: Nick ButcherGreat Yarmouth Tourism and Business Improvement Area launch plans for 2018.Picture: Nick Butcher (Image: Archant © 2017)

Mr Marsh said air shows were well known in the tourism industry as being big revenue earners for resorts.

The headline sponsor for the event is still Haven, who have several holiday parks on the east coast.

The specialist tourism Business Improvement District (BID) was holding its 2018 Year Launch Celebration at the Drill Hall in Great Yarmouth with invited guests including levy payers.

A regular air show used to be held in Lowestoft until 2012.

It had to be cancelled because bad weather meant organisers had to spend their contingency fund and they were not able to raise enough money to replenish the pot.

The Bournemouth Air Show, which is the largest in the country, supports 500 jobs, provides a £30m boost to the economy and attracts more than 750,000 visitors.

The first Great Yarmouth Air Show is scheduled to take place over the weekend of June 16 and 17 in 2018.