Discovery Air Technical Services Inc. Announces Multi-Year Contract

Marty Boisvert, Director of Maintenance for Air Creebec said: "We are pleased to return to Quebec City for the maintenance of our aircraft.  The extensive experience of DATS technicians is second to none in the industry.  We look forward to introducing our first aircraft in Quebec in the coming month."

''We are pleased to add Air Creebec as our newest family member and launch customer for the Dash 8 aircraft," said Remy St-Martin, DATS Vice President Commercial Services.  ''We are proving once again that our strength is our experience. We look forward to exceeding Air Creebec's expectations in the areas of quality, value, and timeliness.''

DATS' personnel hold qualifications on a large number of regional aircraft including the DASH 8, SAAB 340, ERJ 135/145, CRJ 100/200 and Boeing 737. DATS' well-equipped maintenance facility enables the delivery of an extensive range of capabilities including welding, avionics, engineering, machining, heat treatment, composite and sheet metal repairs.

ABOUT AIR CREEBEC INC

Air Creebec Inc. is a wholly owned Cree regional airline based in Val-d'Or, Quebec. With 14 aircraft, it operates scheduled and charter services to 16 destinations in Quebec and Ontario. Its main base is Val-d'Or Airport, with a hub at Timmins/Victor M. Power Airport.  The airline is owned by The Cree Regional Economic Enterprises Company Inc. (CREECO).

ABOUT DISCOVERY AIR

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, 2011, 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).