Alpine Air Express, Inc.(fka APNX)

[Fedex11 ©]

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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.