AIR T INC — Director's Dealing 2004

Sep 23, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR T INC (Airt)
CIK: 0000353184
Period of Report: 2004-09-22

Reporting Person: Estate of David Clark Sr (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-22	Common Stock	S	1200	$19.28	Disposed	894372	Direct
2004-09-22	Common Stock	S	1500	$19.29	Disposed	892872	Direct
2004-09-22	Common Stock	S	500	$19.3	Disposed	892372	Direct
2004-09-22	Common Stock	S	18800	$19.4	Disposed	873572	Direct
2004-09-22	Common Stock	S	2300	$19.53	Disposed	871272	Direct
2004-09-22	Common Stock	S	8830	$19.56	Disposed	862442	Direct
2004-09-22	Common Stock	S	1900	$19.57	Disposed	860542	Direct
2004-09-22	Common Stock	S	5000	$19.59	Disposed	855542	Direct
2004-09-22	Common Stock	S	3900	$19.6	Disposed	851642	Direct
2004-09-22	Common Stock	S	200	$19.61	Disposed	851442	Direct
2004-09-22	Common Stock	S	4400	$19.62	Disposed	847042	Direct
2004-09-22	Common Stock	S	12800	$19.63	Disposed	834242	Direct
2004-09-22	Common Stock	S	700	$19.65	Disposed	833542	Direct
2004-09-22	Common Stock	S	150	$19.66	Disposed	833392	Direct
2004-09-22	Common Stock	S	200	$19.67	Disposed	833192	Direct
2004-09-22	Common Stock	S	100	$19.7	Disposed	833092	Direct
2004-09-22	Common Stock	S	600	$19.71	Disposed	832492	Direct
2004-09-22	Common Stock	S	11575	$19.75	Disposed	820917	Direct
2004-09-22	Common Stock	S	645	$19.81	Disposed	820272	Direct
2004-09-22	Common Stock	S	200	$19.82	Disposed	820072	Direct
2004-09-22	Common Stock	S	500	$19.84	Disposed	819572	Direct
2004-09-22	Common Stock	S	5880	$19.87	Disposed	813692	Direct
2004-09-22	Common Stock	S	600	$19.89	Disposed	813092	Direct
2004-09-22	Common Stock	S	400	$19.9	Disposed	812692	Direct
2004-09-22	Common Stock	S	900	$19.92	Disposed	811792	Direct
2004-09-22	Common Stock	S	1100	$19.93	Disposed	810692	Direct
2004-09-22	Common Stock	S	100	$19.99	Disposed	810592	Direct
2004-09-22	Common Stock	S	10900	$20	Disposed	799692	Direct
2004-09-22	Common Stock	S	9100	$20.13	Disposed	790592	Direct
2004-09-22	Common Stock	S	10900	$20.15	Disposed	779692	Direct