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Discovery Air Inc. Starts Due Diligence on the Acquisition of Air Tindi Ltd.

Discovery Air Inc. announced the commencement of its formal due diligence review of Air Tindi Inc.


September 19, 2007
By Carey Fredericks

LONDON, ON, Oct. 25 /CNW/ – Discovery Air Inc. today announced the commencement of its formal due diligence review of Air Tindi Inc.

Air Tindi operates a diversified fleet of 22 fixed wing aircraft offering scheduled and chartered passenger and cargo services, as well as air ambulance services, in Northern Canada. Its customers include, among others, major diamond and base metal exploration and mining companies and the Governments of Canada and the Northwest Territories. It typically employs over 180 people during the peak summer season.