Did some cursory searches/math and it looks like about 1-2% of aerial shows in the US have a fatality (1-2 deaths annually with about 2000 shows on average over the last 20 years). If those numbers are correct (and they may very well not be as it’s a mix of LLM and Google quick searches) 1-2% doesn’t seem worth it.
Edit: I’m an idiot. .1-.2%. Seems a bit silly still but not as bad as I thought.
That is likely true. However, it is a heck of a demonstration of pilot skill. The Blue Angels somewhat regularly post in-cockpit views of their airshow practice and it is wild how tight a formation they fly; I really recommend seeking out some of those videos, it is totally worth it. Well, for me at least :). It is not unheard of (but not common) for them to inadvertently make contact, since they fly like 18 inches apart, but given they have nearly identical vectors it does not often result in a crash.
Don't trust LLMs. They are bullshit machines.
Your penalty is to read escapist literature like P.G. Wodehouse for 2 weeks.
Even more people died at the Hillsborough disaster than died at the Ramstein air show, so I guess we should never have sports events at stadiums anymore.
More people died at the Station Nightclub fire, so I guess we can never have nightclubs anymore.
I could go on and on. Yes, we should take all precautions and be safe as possible for events, but everything has some risk.