Rescue service Careflight secures $300m funding boost

Careflight has struck a deal with the Queensland government to ensure services remain until 2024.

They are one of the country's largest aeromedical charities which provides rapid response medical care to people in remote areas.

Every year the service rescues about 2000 critically ill patients and transports them to hospital.

But the state government insists the long-term agreement is not an early election campaign pitch.

"$300 million over 10 years, to give them financial security," Premier Campbell Newman said.

The funding will not only secure the service but it will also help replace the ageing fleet of helicopters.

"As they get older, the maintenance costs get greater and they are offline for sometimes longer than we would like," Careflight Chairman Rob Borbridge said.

Careflight will purchase two new aircraft next year.