Air Tindi assists with Northern Ontario wildfire evacuations

Yellowknife, NT, July 26, 2011 – Discovery Air Inc. subsidiary, Air Tindi Ltd., has been called in by the Ontario Ministry of Natural Resources to help with ongoing efforts to protect residents of Northwestern Ontario’s many remote First Nations’ communities from the numerous forest fires currently raging across the region.One of Air Tindi’s de Havilland Dash 7 aircraft has been repositioned to Ontario to aid with evacuation flights. The airplane’s short take-off and landing capabilities combined with its 46-passenger, 10,000-pound capacity made it the ideal solution for getting residents out of air-access-only communities as quickly as possible in the face of this evolving natural disaster.

“We make our home in the North and our employees, Aboriginal business partners and customers deal with the threat of forest fires every summer,” said Air Tindi President Chuck Parker. “In situations like this we all collectively understand the need to make sacrifices and act quickly to help keep fellow Northerners out of harm’s way.”

In particular, Air Tindi and its majority Aboriginal-owned partnership Tli Cho Air Inc. would like to thank Diavik Diamond Mines Inc. for its willingness to release one of the Dash 7 aircraft it has under contract so that it could be used to assist with the evacuation effort in Ontario.

“The team at Diavik was willing to work with us to come up with a slightly revised transportation schedule for the mine to accommodate our assistance in Northwestern Ontario,” said Parker. “Their flexibility during this extremely hazardous time is greatly appreciated.”

Discovery Air would like to express its condolences to all of the people in Northern Ontario that were displaced from their home communities and wish them a speedy return home.

ABOUT DISCOVERY AIR AND ITS SUBSIDIARIES
Founded in 2004, Discovery Air Inc. is a specialty aviation services company operating across Canada and in select locations internationally. With over 130 aircraft, it is one of the largest air operators in Canada, employing more than 600 flight crew, maintainers and support staff to deliver a variety of air transport, maintenance and logistics solutions to its government, airline and business customers. The Corporation’s subsidiaries include: Top Aces, which delivers airborne training and special mission services to the Canadian military; Hicks & Lawrence, a supplier of airborne fire management services to the Ontario government and charter services to government agencies and corporate customers; Discovery Air Technical Services, which provides a range of maintenance, repair, overhaul, modification, engineering and certification services; Great Slave Helicopters, the second-largest VFR helicopter operator in the country; Air Tindi, the largest fixed-wing aircraft charter provider based in Northern Canada; Discovery Mining Services, which supplies all-weather exploration camps as well as expediting and logistics support services; and Discovery Air Innovations, the innovation arm of Discovery Air that identifies and captures large, new market opportunities.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Discovery Air’s public communications may include written or oral forward-looking statements (as defined in applicable securities laws) regarding the future performance of the company and/or its subsidiaries. Forward-looking statements by definition are based on assumptions and are as a result subject to risks and uncertainties, including those identified in the Management’s Discussion and Analysis section of Discovery Air’s financial statements for the fiscal year ended January 31, 2010, available at www.sedar.com. As a result of such 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. 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.

Discovery Air’s shares and debentures trade on the Toronto Stock Exchange (Symbols DA.A and DA.DB respectively).

For further information:
Sheila Venman
Investor Relations
sheilavenman@discoveryair.com
Toll Free (866) 903 3247

Rolf S. Dawson
Vice President, Corporate Finance & Administration
rolf.dawson@discoveryair.com
867-873-5350, Ext. 304