History
The show was first held in 1959 under the name "Lakeshore Park Air & Water Show," on a budget of $88. The event featured a Coast Guard Air Sea Rescue demonstration, water skiers, a water ballet, games and a diving competition. The following year, the U.S. Air Force Thunderbirds and Golden Knights Parachute Team were added to the show.
Since 1989, corporate sponsorship participation has underwritten production costs of the air and water show. The event has been managed by the Mayor's Office of Special Events since 1994.
Read more about this topic: Chicago Air & Water Show
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