AIR T INC — Director's Dealing 2004

Nov 19, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR T INC (AIRT)
CIK: 0000353184
Period of Report: 2004-11-17

Reporting Person: Chesnutt Sam W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-17	common stock	S	100	$27.64	Disposed	3000	Direct
2004-11-17	common stock	S	100	$27.61	Disposed	2900	Direct
2004-11-17	common stock	S	100	$27.61	Disposed	2800	Direct
2004-11-17	common stock	S	100	$27.61	Disposed	2700	Direct
2004-11-17	common stock	S	600	$27	Disposed	2100	Direct