Alpha - Contract loss

It is with great regret we confirm that Alpha has not been successful in securing a deal with Britannia to operate flight catering and bonded stores throughout the UK. Britannia have appointed LSG as UK sole supplier with effect from the end of April 2006.

This decision, made by our second largest UK airline customer, is very sad news for everyone in Alpha Flight Services (UK) some of whom have been involved with Britannia over the last thirty years.

Their action has been taken primarily based on price. The hard work, quality service and commitment of all our staff over the last thirty years continues to be recognised and valued by both Alpha and our customer. We know you will continue to deliver these high levels of service and commitment right up to our handover date.

The Alpha Flight Services (UK) senior team are currently finalising transition programmes and we will advise everyone further as soon as we can. In addition, Alpha continues to tender aggressively for additional business both in the UK and overseas to offset the loss of Britannia revenue.

Please be assured that we will do everything we can to minimise the impact of this decision. We look forward to your continued support and we will keep you fully informed re. further developments.