• Air Tindi operates a diversified fleet of fixed-wing aircraft and offers air ambulance, tourism, cargo transport, charter flying and scheduled service across Canada's north.

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

  • Discovery Air Technical Services (DATS) is a Transport Canada Approved Maintenance Organization (AMO 23-10)  with a wide range of capabilities. We are authorized to perform maintenance and modifications on all U.S. registered aircraft as listed in the U.S./Canada bilateral agreement (Ref. CFR 43.17) and under EASA 145 (European Aviation Safety Agency). 

Discovery Air announces new airborne training services contract with the German Armed Forces

Toronto, ON, January 30, 2014 - Discovery Air Inc. ("Discovery Air") announced today that Discovery Air Defence Services Inc. ("Defence Services"), a wholly-owned subsidiary of Discovery Air, has entered into a contract to provide airborne training services to the German Armed Forces (the "Contract").     

Under the Contract, Defence Services will provide fast jet airborne training services to the German Armed Forces for a term of five years utilizing a fleet of seven Douglas A-4 aircraft. The services will be provided from various locations in Europe, including Germany, France, the Netherlands, Belgium and Italy. Defence Services anticipates performing approximately 1,200 flight hours per year under this Contract commencing in January 2015.   

Discovery Air attributes strategic importance to this contract. It establishes Defence Services in Europe, and provides a solid foundation for future expansion in that market. 

Paul Bouchard, President of Defence Services, stated "We are very proud of this significant achievement, and are looking forward to providing high quality airborne training services to Germany's military. Over the last eight years, we have provided over 41,000 hours of high quality airborne training services to the Canadian Armed Forces and earned a reputation as a premier provider of combat support solutions. The opportunity to provide our services to the German Armed Forces is a testament to the experience and professionalism of the Discovery Air Defence Services Team. This, coupled with the recent acquisition of Advanced Training Systems International, is further evidence of our commitment to expanding our international footprint in the military airborne training space." 

CAUTION REGARDING FORWARD-LOOKING STATEMENTS 

This news release includes forward-looking statements (as defined in applicable securities laws).  Forward-looking statements can be identified by words such as "may", "anticipate", "expect", "should" and variations thereof. Forward-looking statements are based on assumptions and, as a result, are subject to risks and uncertainties, including those identified in Management's Discussion and Analysis relating to Discovery Air's financial statements, which are available at www.sedar.com.  As a result of those risks and uncertainties, actual results may differ materially from those discussed in forward-looking statements, and readers should not place undue reliance on such statements.

With respect to the Contract, specific risks include, among others, lower than anticipated use of the services by the German Armed Forces, changes in foreign exchange rates and the inability to secure all regulatory authorizations required to employ the aircraft in the performance of the Contract. The preceding do not constitute an exhaustive list of all risk factors; other factors could also adversely affect Discovery Air's results. 

Forward-looking statements represent expectations as of the date they are made, and Discovery Air disclaims any intention or obligation to update or revise any forward-looking statements it may make, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.  

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).

For further information, please contact:

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

To download a PDF version of this press release, please click here.

More News 

  • Every year, residents of the Northwest Territories and Nunavut pursuing an aviation-related career in the North can each receive one of 16 $5,000 scholarships from a fund sponsored by the NWT Department of Transportation, Nunavut Department of Economic Development and Transportation, Discovery Air, Keewatin Air, North-Wright Airways, and First Air. The scholarships are offered to full-time residents of the Northwest Territories and Nunavut (two year minimum residency - a combination of continuous residency in both territories would be accepted to meet the residency requirement) pursuing full-time aviation-related studies. The studies can be related to airline or airport operations or management, aircraft maintenance, and pilot training.

    If you would like to concentrate on flying aircraft while knowing you are in the safest hands around, our team of maintainers will take care of all aspects of managing your fleet.

  • Discovery Air Fire Services operates with four divisions
    Discovery Air Fire Services has been active in the aviation industry for over 60 years and is organized into four operating divisions; Fire, Charter, Imagery and Training . Read More

    Discovery Air International was established to expand Discovery Air's range of specialty aviation services domestically and internationally and will focus initially on executive charter, medevac and repatriation services out of Western Canada with its primary base and main operations based out of Calgary, Alberta.

  • The Northlinx Network brings together many of the GSH Aboriginal Joint-Venture Partnerships allowing all participants to benefit from pan-territorial mega-projects requiring helicopter services in the North. Presently there are twelve partnerships operating in this profitable model around the NWT and Nunavut. On top of that, Air Tindi has an additional four Aboriginal partnerships and Discovery Mining Services has two.

    We are committed to providing our customers with specialty aviation solutions whenever and wherever they are required. Our pilots, maintainers, logisticians and administrators operate with precision and pride in some of the most challenging environments in the world.

  • Discovery Air is committed to recruiting and retaining the best talent in aviation industry. By joining Discovery Air you will have the opportunity to participate in a unique and dynamic environment focused on growth, entrepreneurship, innovation and teamwork.

    Discovery Aviation Academy is a flight school based in Sudbury, Ontario that offers many different types of pilot flight training to meet the needs of all aspiring aviators.

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