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Alpine Air Express (OTC BB: APNX), through its operating subsidiary Alpine Aviation Inc. provides air cargo transportation services in the United States with 50 daily departures within Colorado, Hawaii, Montana, Nebraska, North Dakota, South Dakota, and Wyoming. In addition to air cargo transportation, the Company flies charters for other world class cargo carriers requiring superior regional service, provides maintenance service on aircraft owned or operated by third parties, and operates a First Officer Training Program.

Investment Highlights

  • In business for more than 35 years, APNX has become one of the largest regional air cargo providers by volume in the United States.
  • Major customers include the United States Postal Service (USPS) and other major international transportation and logistic companies.
  • APNX currently has 50 daily departures covering 16 cities in 6 western states and the Hawaiian Islands.
  • APNX currently operates 29 aircraft.
  • APNX currently enjoys a 2.5% regional air cargo market share, with significant growth opportunities available through organic growth and strategic acquisitions.
  • Active fuel hedging programs adds to the bottom-line.
  • Strong, experienced management team - Mr. Eugene Mallette, CEO, has been with Alpine Air since 1979 and has a significant equity position. Mr. Bill Distefano, General Manager, has been with the Company since 1972.
12 Mar 2010 16:00:00 EST

APNX  
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Common Routes

ALPINE AIR EXPRESS is an established, profitable, air cargo and transportation logistics company, which provides air cargo flights throughout the Western and Hawaii. UPS and USPS are frequent clients.