DISCOVERY AIR ANNOUNCES PENDING ACQUISITION OF ADVANCED TRAINING SYSTEMS INTERNATIONAL

Discovery Air Inc. ("Discovery Air") announced today the pending acquisition of Advanced Training Systems International, Inc. ("ATSI") by Discovery Air Defence Services Inc. (a wholly-owned subsidiary of Discovery Air). ATSI is a U.S. airborne training services company based in Mesa, Arizona. It currently owns a fleet of ten (10) Douglas A-4 Skyhawk aircraft and offers airborne training services, including, among other services, tactical "Red Air" services, fighter lead-in training.

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