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Discovery Air celebrates Aboriginal partnership milestone with $14.5 million in revenue shared to date

June 21, 2010

Yellowknife, NWT - Discovery Air Inc. (DA) is pleased to announce the Aboriginal partnerships operated by its Northern subsidiaries Great Slave Helicopters, Air Tindi and Discovery Mining Services have reached a significant milestone in terms of the cumulative revenue earned by all First Nations, Inuit and Metis partners.
Since Great Slave Helicopters’ first joint-venture in 1998 with the K’atlodeeche First Nation (KFN), of the Hay River Reserve, and the Deh Gah Gotie Dene Band, of Fort Providence, the cumulative revenue total earned by all Aboriginal partners involved with DA operating units has now surpassed $14.5 million.

DA-Aboriginal-Day-photo news.jpg

"“This is a big day for Discovery Air and it is quite fitting that we make this announcement on National Aboriginal Day,” said Adam Bembridge, DA Northern Services Group President. “Working with our Aboriginal partners, the true owners of the Northern lands and resources, has always been a key part of our business plan and ensuring their success is something we take very seriously.”
The DA partnership model has been used across its three Northern subsidiaries for years to ensure local people and communities benefit when development occurs in the NWT or Nunavut. The vast majority of the company’s Aboriginal joint-ventures were created since 2005.
“We’ve always been proud of our association with Great Slave Helicopters and Discovery Air – they have helped us to invest wisely in two helicopters thus far,” said KFN Chief Roy Fabian, President of Denendeh Helicopters. “Looking at $14.5 million they have shared to date, it’s an amazing total and proves they are a fair partner to work with and one that is committed to structuring joint-venture deals that work for both sides.”
For all of Discovery Air’s Aboriginal partners, however, their association with the company and its subsidiaries is about more than just money.
“Our partnerships with Discovery Air and its Northern companies have always been rewarding thanks largely to the people who stand behind them,” said Bill Lyall, President of Nunavut Expediting and Kitikmeot Helicopters. “They are people you can always trust to deliver on the promises they make.”
To help mark the occasion and celebrate National Aboriginal Day Denendeh Helicopters, the company’s longest running Aboriginal partnership, helped sponsor a traditional handgames tournament at the Dehcho First Nations Annual Assembly, which is this year being hosted by the KFN.

ABOUT DISCOVERY AIR AND ITS SUBSIDIARIES
Discovery Air Inc., founded in 2004, is a specialty aviation services company operating across Canada and in select locations internationally. With more than 130 aircraft, it is one of the largest air operators in Canada, employing 450 flight crew, maintainers and support staff to deliver a variety of air transport and logistical solutions to a wide range of government and business customers. The Company’s Government Services segment includes two subsidiaries: Top Aces Inc. and Hicks & Lawrence. The Company’s Northern Services segment includes three companies: Great Slave Helicopters, the second-largest VFR helicopter operator in the country; Air Tindi, a fixed-wing aircraft charter provider primarily in Northern Canada; and Discovery Mining Services, which constructs and rents all-weather exploration camps and provides expediting and logistical support services.

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, please contact:

John Curran
Marketing Manager, Discovery Air - Northern Services
john.curran@discoveryair.com
(867) 446-1997

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