the Vulcan Display Flight was scrapped was because it was costing too much to maintain.
Which is precisely why the VTS project was doomed from the start.
Incidentally, it is as well to remember The BBMF isn't just a bunch of pretty aeroplanes with which to decorate air shows. It is a war memorial; a tribute to the tens of thousands of RAF aircrew who made the ultimate sacrifice flying these and other machines just like them.
HMS Whimbrel, last surviving escort of The Battle of the Atlantic, won't be making its way back to Liverpool to become a memorial unless they can raise £2m because, since the trust had a "commercial" use for it that didn't involve scrapping the ship, the Egyptian Government has now revalued the ship from its scrap value of £250k to £1m. Now that would be money well spent...