Alpine Air Express Moves to Train and Hire 25 New Pilots.PROVO, Utah -- Alpine Air Express Alpine Air Express is an American airline based in Provo, Utah, USA. It operates scheduled air cargo services on over 15 routes throughout Utah, North Dakota, South Dakota, Montana, Washington and Hawaii. Its main base is Provo Municipal Airport. Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : APNX) announced that its operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , Alpine Aviation, Inc., a leading provider of regional air cargo air cargo: see aviation. transport and logistics services, is planning to expand its Turbine Pilot Crew by training and hiring 25 new pilots by December 2008. The Company's plan to train and hire the new pilot staff is necessary to support new routes that are being continually added, and the normal replacement of retiring pilots and the attrition associated with pilots who have been hired by major carriers. Alpine is adding pilots to support growth opportunities that management is pursuing, in addition to supplementing the reserve and standby pilot pool required to maintain the Company's excellent "on-time" performance record. Gene Mallette, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Alpine Air, commented, "While we are proud of the strides we have made in improving earnings, and recording strong profitability, our management team is most excited by new opportunities to expand our regional footprint as well as diversify our customer base. With this growth, we are excited to be in the position to commit to the task of training and hiring 25 new pilots this next year." Founded in 1975, Alpine Air, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Alpine Air Express Inc., provides competitively priced scheduled air cargo flights throughout the western and southwestern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company has an established client base that includes various contract operations, freight forwarders An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination. , and other cargo and logistics firms. Alpine Air 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 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, the successful completion of the proposed leasing transaction, 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. |
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