Australia's inaugural Air + Style festival has been axed just weeks out from its scheduled date. 

The music and snow sports event, which debuted in Austria in 1994, was to go ahead in Sydney next month with performances from Flo Rida and Snow Patrol.

Air + Style confirmed the cancellation in a statement posted to Facebook.

"It is with great disappointment that we share the news that Air + Style Australia has been cancelled by the local promoter due to circumstances beyond our control," the post reads.

"As a brand, we pride ourselves on always creating the most top-tier, dynamic sports and music event, and we were looking forward to bringing that experience to Australia for the first time.

"We had partnered with a company that we believed shared our vision and values, but ultimately they did not. Unfortunately, this left us in difficult situation, which resulted in a forced cancellation of the weekend.

"To all ticket buyers, athletes, and musicians – thank you for your enthusiasm and continued support. Tickets will be fully refunded through Moshtix and we plan on returning in the future with a stellar event."

See the full post here.

It can also be confirmed that the festival's Australian promoter, Moore Snow Sports, went into liquidation last week.

Flo Rida and Snow Patrol's headline shows around the country are still confirmed to go ahead. For more details, click on theGuide.

Flo Rida + Jesswar
Forum Theatre, Melbourne
Flo Rida + Jesswar
Eatons Hill Hotel, Eatons Hill
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