Alpine Air at Number 142 on USPS Annual List of Top 150 Providers

Defense News ~ PROVO, UT--(Marketwire - 03/09/10) - Alpine Air Express Inc. (OTC.BB:APNX - News) announces that its wholly owned subsidiary, Alpine Aviation Inc., is listed at number 142 on the US Postal Service's annual report of its top 150 suppliers. The data is based on payments made during the Fiscal-Year 2009 (October 1, 2008 - September 30, 2009). An integrated service provider, Alpine Air has been moving airmail and other cargo for 17 consecutive years in Montana, and for 8 years in the Dakotas.

Mr. Gene Mallette, Alpine Air's CEO, stated, "We're pleased to continue to chart amongst the top of USPS suppliers. Alpine's well underway in the first year of a six-year contract with the US Postal Service, covering all of our areas of operation, and we look forward to providing excellent service for many years to come. Alpine has consistently delivered at a 98% on-time performance rating, which is a testament to the integrity of our organization."

Chairman of the Board of Directors, Joe Etchart of Glasgow, MT, added, "It's great to be where we're at, on a very solid and profitable base, but we've also got the equipment and logistics for additional runs. We'll keep pushing for new contracts and, especially as the economy continues to get its legs back, we can only go up the list."

This press release may contain forward-looking statements including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, changes in anticipated earnings of the company and other factors detailed in the company's filings with the SEC. In addition, the factors underlying company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public.

Contact:

 
Contact Information: 
Alpine Air Express Inc.
Provo, UT
801-373-1508 

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Alpine Air Announces Gross Profit Increase

Alpine Air Express ~ September 17, 2009,
Alpine Air Express Inc. PROVO, UT--(Marketwire - 09/17/09) - Alpine Air Express, Inc. (OTC.BB:APNX - News), announced today that its operating subsidiary, Alpine Aviation Inc., posted its 10-Q for the quarter ending July 31, 2009. The Company's gross revenue for the quarter was $4,823,402, an 8% decrease from the same period in 2008, and its gross profit was $1,037,177, a 46% increase from the same period in 2008. The decrease in revenue and increase in profit are primarily attributable to the reduction of the Company's routes in the Hawaiian Islands.
Gene Mallette, CEO of Alpine Air, commented, "Naturally we're very excited about our profit increase during what were transitional months. Alpine realized over a million dollar return this quarter while shifting gears and we're thankful for the great effort on behalf of our management team and excellent staff of pilots and ground personnel. Having moved operations out of Hawaii, we're concentrating on our core routes in the intermountain west, while simultaneously and conservatively at the ready for new opportunities. We're fortunate to be realizing increasing profits while possessing operational availability for future prospects."
Mr. Mallette added, "Alpine decreased its total direct operating costs in fuel and most other expense categories, as a result of the termination of operations in Hawaii. As announced earlier this week, our Montana, North Dakota and South Dakota airmail contracts have extended for an additional 6 years, generating in excess of $72 million in contracted revenue."
Founded in 1975, Alpine Aviation, Inc., d/b/a Alpine Air, a wholly owned subsidiary of Alpine Air Express Inc., provides air cargo transportation services in the United States, and is currently operating in Montana, North Dakota, and South Dakota. In addition to air cargo transportation, the Company flies charters for other cargo carriers, provides maintenance service on aircraft owned and operated by third parties, leases aircraft, and operates a First Officer Training Program.
This press release may contain forward-looking statements including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, changes in anticipated earnings of the company and other factors detailed in the company's filings with the SEC. In addition, the factors underlying company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public.
Contact:
Contact Information:
Alpine Air Express, Inc.
1177 Alpine Air Way
Provo, Utah
84601(801) 373-1508
(801) 377-3781 (fax)

Alpine Air Signs $72 Million Contract With USPS

Alpine Air Express ~ September 15, 2009,
PROVO, UT--(Marketwire - 09/15/09) - Alpine Air Express Inc. (OTC.BB:APNX - News) announces that its wholly owned subsidiary, Alpine Aviation Inc., has entered into a six-year contract with the US Postal Service to move all air mail shipments throughout the states of Montana, North Dakota and South Dakota. An integrated service provider, Alpine Air has been moving air mail and other cargo for 17 consecutive years in Montana, and for 8 years in the Dakotas.
Mr. Gene Mallette, Alpine Air's CEO, stated, "Six years will be another milestone for us in these states and we're thankful for this distinction. Alpine has always delivered reliable service at a 98% on-time performance rating, which is truly outstanding. Nevertheless, every day we'll be looking for ways to improve our operation. As a provider of air mail service, we take very seriously the job that we've performed for 31 years in the western United States. Although we're fortunate to be diversified in contracts with international cargo firms, and ad-hoc charter services, it is our relationship with the U.S. Postal Service that is the core of our business. We will continue to provide excellent service to them in the performance of these long term contracts.
Chairman of the Board of Directors, Joe Etchart of Glasgow, MT, added, "As Alpine Air diversifies its client base, this contract enhances our long term stability, which we can leverage to expand our business. Alpine's increasing efficiency, coupled with this contract's fuel escalators and annual CPI provisions, solidifies our basis for continued profitability and growth."
This press release may contain forward-looking statements including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, changes in anticipated earnings of the company and other factors detailed in the company's filings with the SEC. In addition, the factors underlying company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public.
Contact:
Contact Information:
Alpine Air Express Inc.
Provo, UT
801-373-1508