LONDON, ON, March 6 /CNW/ - David Taylor, Chairman & C.E.O. of Discovery
Air Inc., is pleased to announce that its wholly owned subsidiary, Air Tindi
Ltd., in partnership with Aklak Air , has been awarded a five year contract
with an option for an additional two years, to provide dedicated air ambulance
services on behalf of the Northwest Territories Government through the Stanton
Hospital in Yellowknife. Air Tindi has been the provider of this service to
Stanton Territorial Health Authority for the last 12 years. This is the second
long term contract that Air Tindi has secured over the last 12 months, the
first, originally press released on April 23, 2007, being to provide passenger
and cargo transportation in support of the Northwest Territories' diamond
Mr. Taylor stated, "We are very pleased to continue to support the
Northwest Territories' Government in the provision of this essential aviation
service. Customers like Stanton Hospital are consistently demanding
specialized services of enhanced quality and scope which often require our
operating units to access new capital for the purchase of new assets and the
development of enhanced infrastructure. Discovery Air was designed to provide
just that - access to affordable capital to support business growth."
Mr. Alex Arychuk, President of Air Tindi stated, "This contract award is
not only a testament to Air Tindi's capability as an aviation service solution
provider, but also to the company's long term commitment to supporting
essential services which will benefit the citizens of the North. We live here
and we work here, and we are committed to applying our experience and
expertise to continually enhance the quality of life here in the North."
Discovery Air's mission is to build shareholder value by creating an
alliance of profitable aviation businesses that can realize synergies,
economies of scale and deliver safe, professional air 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: