Anyone travelling between the station and the airshow site during the event, from July 14 to 20, will be able to share a council-licensed taxi with up to three other people on a flat fare basis of £4 per person.
The scheme was unanimously approved by Rushmoor Borough Council’s licensing and general purposes committee.
Proposals were put forward by the council and were subject to a public consultation, with no representations being received.
The scheme allows local taxi companies to meet the increased passenger demand that arises during the airshow, while reducing individual costs to customers.
A temporary taxi rank will be established on the airshow site, in Queens Gate Road.
Martin Tennant, chairman of the council’s licensing and general purposes committee, said: “It’s one of those things we are happy to approve as it’s a win-win situation for everybody.
“The taxi trade like it because it’s financially beneficial to them and the customers.
“It’s something we have done for past airshows and it’s been really successful.”
Exclusive hire fares will either be calculated by a taximeter or in line with the council’s approved scheme of fares.