Fifty-five people died when fire engulfed a British Airtours plane on the runway of Manchester as it was taking off.
The flight bound for Corfu was carrying 131 passengers onboard. Two cabin crew were among the victims.
The fire broke out after an explosion in one of the wings of the aircraft but soon spread to the main cabin where many passengers were unable to escape in time. Most of the victims died from smoke inhalation.
The service will be joined by survivors and relatives of those who died.
The fire led to a number of safety improvements on planes, which included placing more fire extinguishers onboard and adding fire-blocking covers to seats.
David Learmount, editor of Flight International magazine, was quoted by the BBC as saying that the pilots abandoned take-off after receiving a warning that one of the engines had failed, but there had been no warning of a fire.
"If you turn off the runway to the right, which he did, he was putting that burning wing up-wind of the fuselage where all the passengers were and the fire just swept towards the aeroplane and engulfed it," he said.
"If such an event were to happen again, the pilot wouldn't turn off the runway, he'd stop on the runway even if it closed the the airport down, and he'd get everybody out absolutely instantly."