From what little info regarding this event there is,it appears thet the Festival will run for 2 days but any flying displays will just be on the one day (7th August).
The Reds still have to carryout a feasibility study to see if the venue is suitable,but I don`t forsee any problems except the Mournes might get in the way a bit
I believe there is also to be some sort of flypast of various vintage aircraft,but as I mentioned earlier,info is very thin on the ground at present.I have trawled through loads of airshow act sites to see what else maybe lined up and found nothing.
So looks like a wait and see job.