~~United~~UNITED ~~States Securities and Exchange Commission~~STATES

~~Washington,~~SECURITIES ~~D.C.~~AND ~~20549~~EXCHANGE COMMISSION

~~______________~~WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

~~______________~~Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~Pursuant~~July to25, ~~Section 13 or 15[d] of the Securities Exchange Act of 1934~~2011

~~January~~(Date ~~26,~~of ~~2011~~Report: Date of earliest event reported)

~~______________~~Alpine Air Express, Inc.

~~Date~~(Exact name of ~~Report~~registrant as specified in its charter)

~~[Date of Earliest Event Reported]~~Delaware 000-27011 33-0619518

~~ALPINE~~(State ~~AIR~~or ~~EXPRESS,~~other ~~INC~~jurisdiction (Commission File Number) (IRS Employer ID No.)

~~(Exact name~~ of ~~Registrant as specified in its Charter~~incorporation)

Delaware	000-27011	33-0619518
(State or Other Jurisdiction of Incorporation	(Commission File Number)	(I.R.S. Employer Identification No.)

1177 Alpine Air Way

Provo, Utah 84601

(Address of ~~Principal~~principal ~~Executive~~executive ~~Offices~~office)

Registrant's telephone number, including area code: (801) 373-1508

~~(Registrant’s Telephone Number, including area code)~~NA

~~N/A~~(Former name or former address, if changed since last report)

~~(Former~~Check ~~name~~the orappropriate ~~former~~box ~~address,~~below if ~~changed~~the ~~since~~Form ~~last~~8-K ~~report~~is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see general instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] ] Soliciting material pursuant to Rule 1414a-a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements, which reflect our views with respect to future events and financial performance. These forward-looking statements are subject to certain uncertainties and other factors that could cause actual results to differ materially from such statements. These forward-looking statements are identified by, among other things, the words “anticipates,” “believes,” “estimates,” “expects,” “plans,” “projects,” “targets” and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that may cause actual results to differ from those projected include the risk factors specified below.

Item 8.01 Other Events.

On ~~January~~July 2625, 2011, ~~the Board of Directors of~~ Alpine Air Express, Inc., (the “Company”) issued a ~~Delaware~~press ~~corporation~~release ~~(“Alpine~~announcing ~~Air”)~~the Company’s board of directors has approved a ~~redemption~~transaction which will result in the voluntary termination of ~~20,000~~the ~~shares~~registration of the ~~Alpine~~Company’s ~~Air~~common ~~Series~~stock Aunder 6the federal securities laws.5% The ~~Preferred~~full ~~Stock~~text ~~held~~of bythe ~~Mallette~~press ~~Holdings,~~release ~~LLLP~~is ~~(“Mallette~~set ~~Holdings”),~~forth toin beExhibit 99.1 ~~redeemed~~attached athereto ~~its~~and ~~stated~~is ~~value~~incorporated ofin ~~$9.104~~this ~~per~~Report ~~share~~as if fully set forth herein.

OnItem July 31, 2007, Mallette Holdings had exchanged 1,000,000 shares of Series A 6.5% Preferred Stock that it owned of Alpine Aviation, Inc (“Alpine Aviation”), a wholly-owned subsidiary of Alpine Air, for 1,000,000 shares of a new class of $0.001 par value Series A 6.5% Preferred Stock of Alpine Air. The Alpine Air Series A 6.5% Preferred Stock extended by three (3) years the original Redemption Date of the Alpine Aviation Series A 6.5% Preferred Stock that was exchanged by Mallette Holdings and included a conversion feature that was not part of the rights, privileges, and preferences of the Alpine Aviation Series A 6.5% Preferred Stock. The 1,000,000 shares of Series A 6.5% Preferred Stock of Alpine Air has a Stated Value and Liquidation Preference of $9.~~104~~01 ~~per~~Financial ~~share~~Statements ~~(the same Stated Value~~ and Liquidation Preference of the Alpine Aviation Series A 6.5% Preferred Stock) and were deemed to be issued as of May 1, 2007. The Alpine Air Series A 6.5% Preferred Stock is convertible into common stock of Alpine Air at any time until December 1, 2011, based upon the amount of the Stated Value and Liquidation Preference, at a price equivalent to the current closing market price of Alpine Air’s common stock on its principal public market at the close of business on the day prior to the conversion date.Exhibits

~~SIGNATURES~~(d) Exhibits.

~~Pursuant~~99.1 toPress ~~the~~release ~~requirements~~dated ofJuly ~~the Securities and Exchange Act of 1934~~25, ~~the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.~~2011

~~ALPINE AIR EXPRESS, INC.~~SIGNATURES

~~Date: 1/27/11~~ Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized.

~~By:~~Alpine Air Express, Inc.

By: /s/ Eugene R. Mallette

~~Eugene~~Date: R.July ~~Mallette~~25, 2011

Eugene Mallette, CEO

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