LONDON, ON, July 25 /CNW/ - David Taylor, the Chairman of Discovery Air
Inc. (TSX:DA.A), is pleased to announce that Mr. Gil Bennett has agreed to
join the Board of Directors of Discovery Air and will act in the capacity of
Vice-Chairman. "Gil comes to Discovery Air with a wealth of experience,
particularly in the area of corporate governance, a topic on which he lectures
at the Directors College. We look forward to the contribution of his
substantial expertise." said Mr. Taylor. Mr. Bennett has served as a director,
C.E.O. and senior officer of many Canadian public and private companies,
including Canadair Limited, de Havilland Inc., Air Nova Inc. and NAV CANADA.
Mr. Bennett has also acted as Board Chairman of Canadian Tire Corporation,
Limited, Fortis Ontario Inc., Encal Energy Ltd. and Ontario Casino
To provide room for Mr. Bennett to join Discovery Air's Board, Mr. Alex
Arychuk retired from the Board. Mr. Taylor stated "We thank Alex for his
service on the Board of Discovery Air and look forward to his continued
valuable contributions as the President of Air Tindi Ltd., one of Discovery
Air's significant operating subsidiaries."
Discovery Air is continuing to execute its stated goal of increasing
independence on the Board in conjunction with reducing the number of directors
who also serve on the Board of Pacific & Western Credit Corp.
Discovery Air's mission is to create shareholder value by building an
alliance of profitable aviation businesses that can realize synergies,
economies of scale and deliver safe, professional aviation services to clients
in selected niche markets.
Discovery Air's Class A common shares trade on the Toronto Stock Exchange
under the symbol DA.A.
Discovery Air's Debentures trade on the Toronto Stock Exchange under the
For further information:
For further information: Wade MacBain, Director of Investor Relations,
Phone: (519) 951-3580, Toll-free: 866-903-3247, ext. 3580, E-mail: