Discovery Air appoints Paul Bernards as Chief Financial Officer

TORONTO, March 12, 2014 /CNW/ - Discovery Air Inc. ("Discovery Air") announced today that Paul Bernards has been appointed as the Chief Financial Officer ("CFO") of Discovery Air effective April 1, 2014.

Mr. Bernards brings nearly 30 years of experience as a senior finance leader and executive to his role at Discovery Air. He has previously served as CFO for Masonite International Corporation, Shepell FGI and Premier Salons, serving most recently as Vice President Finance, Operations for JELD-WEN.  Mr. Bernards has extensive experience in managing worldwide finance, tax and IT functions, developing effective reporting and control processes, and due diligence and post-acquisition integration.  He began his career as an accountant in public practice with KPMG in Toronto, where he worked as a Senior Accountant before leaving to commence his career in private industry.

Mr. Bernards is a Canadian Chartered Accountant, a U.S. Certified Public Accountant, and holds a Masters in Business Administration from York (now Schulich) School of Business and an ICD.D designation.

Mr. Shavit stated "I am very pleased to welcome Paul to Discovery Air. His breadth of experience will be of tremendous benefit to Discovery Air as we execute against our growth initiatives in the coming years.  I also take this opportunity to thank Bill Martin for his contribution to Discovery Air.  We have made significant strides strategically at Discovery Air during Bill's time with us and owe him a debt of gratitude."

ABOUT DISCOVERY AIR AND ITS SUBSIDIARIES

Discovery Air is a Canadian specialty aviation company operating over 160 aircraft with approximately 850 team members. Its subsidiaries provide airborne training to the Canadian military, helicopter operations, air ambulance services, airborne fire services, fixed-wing air charter services, expediting and logistics support, and a range of maintenance, repair, overhaul, modification, engineering and certification services.

Discovery Air's Class A common voting shares and unsecured convertible debentures trade on the Toronto Stock Exchange (symbols DA.A and DA.DB.A, respectively).

SOURCE Discovery Air Inc.

For further information:

Sheila Venman
sheila.venman@discoveryair.com
(866) 903-3247