LONDON, Sept. 17 /CNW/ - David Taylor, Chairman, and C.E.O. of Discovery
Air Inc. (TSX: DA.A) is pleased to announce that Discovery Air's wholly owned
subsidiary, Top Aces Inc., took delivery of two additional Alpha-Jet fighter
class aircraft at CFB Bagotville, Quebec on Monday September 17, 2007. The
delivery of these aircraft increases Top Aces' Alpha-Jet fleet to 12 aircraft
and expands the Company's aggregate fleet to 16 aircraft. These aircraft are
part of Top Aces' commitment to purchase a total of 8 additional Alpha-Jets
and associated spare parts.
Shawn Clarke, Chief Operating Officer of Discovery Air, commented, "The
Alpha-Jet has proven to be the ideal platform for the delivery of safe,
efficient and cost effective airborne training services to the Canadian
Paul Bouchard, Co-CEO of Top Aces, further commented, "This strategic
expansion of our Alpha-Jet fleet results in an increase in capacity which will
allow Top Aces to accomplish its growth objectives within the company's
current markets, as well as facilitate the penetration of third-party military
training markets outside of Canada."
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) 913-2204, ext. 358, Toll-free: (866) 903-3247, ext. 358, E-mail: