The lottery grant was never going to look after on-going finances. It's against their rules.
The Vulcan project was required to have a business plan to show how it was going to take it foward and become self-sustaining. It has signally failed to get close to setting up a major sponsor and it is only thanks to the generosity of the British public year after year that it has got has far as it has.
But the annual call for funds, or else, is not working as it once did. I'm convinced it will make the total again - or there will be another fiddle so it will seem as if it did. But I think this is the last time it can be done.
My own aircraft needs £15k for a recover. I can't afford it, and without it it will be grounded. But I can't go to the great British public for help.
What surprises me is that the management that has struggled over a number of years is still in place. Is there no mechanism to vote for a change.
At this stage we need proven performers to be in place.
I'm booked for Fairford and hope to see the Vulcan there