Alpine Air Express Announces Resumption of Operations.

Business Editors/Transportation Writers

PROVO, Utah--(BUSINESS WIRE)--Sept. 17, 2001

Alpine Air Express, Inc., (OTCBB: ALPE) the third largest regional air cargo transport and logistics services provider, today announced that it has fully resumed all operations as of today. Alpine delivers throughout the Western United States with 17 flights per day.

Eugene Mallette, CEO of Alpine, stated: "It is imperative for America to demonstrate the strength and resolve which has made her great through these trying times. Alpine's flights gradually resumed beginning last Thursday, and we are pleased to have received authorization to operate all of our flights today. We anticipate complete resumption of service to our routes tonight. We believe the operational interruption we experienced will have minimal impact on our financial results for the fourth quarter and full fiscal year ending October 31, 2001."

Bill Distefano, President of Alpine Air Express, added: "We at Alpine extend our deepest sympathies and condolences to every family impacted by these horrific events. Our hearts ache for them. Our thoughts and prayers are with each of these families, and with all of the rescue personnel who continue to contribute so much."

Founded in 1975, Alpine Air Express operates 20 aircraft to provide competitively priced scheduled air cargo flights throughout the Western United States. The Company has an established client base that includes various contract operations for the United States Postal Service, freight forwarders, and other cargo and logistics firms. Alpine provides superior "on time" performance and reliability, together with the flexibility to adapt quickly to the growing frequency and capacity requirements of its clients.

This press release contains certain forward-looking statements concerning Alpine Air Express, Inc., which are subject to a number of known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from those described or implied in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties discussed in the Company's filings with the SEC, including its most recent Form 10-Q and Form 10K.