|Date: August 12, 1923
||Aircraft Known to be Involved:
- This festival was organized as a fund-raising event by the Latvian Aero Club.
- The Aviation Regiment participated with demonstration flights.
- The event raised 30,935 rubles. Half of the money was allocated to a fund to support aircraft constructors with
seed money for their projects. The other half went to the LAK's regular operating fund.
- Another such event was also planned for September 16 in Daugavpils, but this did not take place.