May as well disband them. The end of airshows in this Country.
Well, let's just hold on there. To your second point, I disagree. This isn't the "end of airshows in this country." Perhaps it's an end to fully aerobatic, high-energy air displays at airfields in close proximity to built-up areas (i.e. Farnborough airshow) but there are other venues that are less risky to display at. It just needs some creative thought as to where or how these events could possibly be hosted to ameliorate the CAA's new regulations.
As for your first point, forgive me if I sense a tone of, "well that's it then, may as well just give up" in your post. The Reds give a heck of a lot more than just Farnborough every two years.