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Other News - 03/30/2005

Alpine Air Express posted a net loss of $168,843 for the three months ended Jan. 31, a significant improvement from a net loss of $413,081 in the prior-year period. Revenues rose 97.8% to $5.2 million owing to a sharp increase in cargo volumes, which more than doubled year-over-year as a result of a new USPS contract in Hawaii.

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