Alpine Air Tenders Termination Notice for Hawaiian Operations.

PROVO, Utah -- Alpine Air Express Inc. (OTCBB: ALPE) (the company) and its subsidiary, Alpine Aviation Inc., which is the third-largest regional cargo airline and transportation logistics company in the United States, with a fleet of 30 airplanes, announced today that it has given a 90-day termination notice to the U.S. Postal Service for the AMOT mail contract servicing the Hawaiian Islands. The termination will be effective April 24, 2005. The decision to terminate the contract for airmail in the Hawaiian chain was a business decision, which enables the company to continue to provide a high level of service to the U.S.P.S. in other western states and pursue additional opportunities on the U.S. mainland.

"Actual mail volumes are off by double digit percentages compared to the U.S. Postal Service estimates during the contract bid process. This fact, coupled with the lack of infrastructure available on some of the outlying Islands has dictated our decision to issue our termination notice. We are saddened by the need to discontinue our service to the U.S. Postal Service and other contract clients in the Hawaiian Islands. However, we are optimistic about the ability to deploy our aircraft on new routes located on the mainland. There are several opportunities we have not been able to pursue as a result of the demands our operations in Hawaii have created for our fleet and personnel. We look forward to notifying our customers and shareholders of these new opportunities in future press releases, as the transactions are completed," stated Gene Mallette, CEO and chairman of Alpine Air Express.

Founded in 1975, Alpine Air, a wholly owned subsidiary of Alpine Air Express Inc., provides competitively priced scheduled air cargo flights throughout the western and southwestern United States. The company has an established client base that includes various contract operations and the U.S. Postal Service. 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, realization of U.S.P.S. projected volumes, 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.