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	3400	$20.25	Disposed	776292	Direct
2004-09-22	Common Stock	S	5000	$20.3	Disposed	771292	Direct
2004-09-22	Common Stock	S	5900	$20.61	Disposed	765392	Direct
2004-09-22	Common Stock	S	272	$20.89	Disposed	765120	Direct
2004-09-22	Common Stock	S	228	$20.9	Disposed	764892	Direct
2004-09-22	Common Stock	S	1724	$21.63	Disposed	763168	Direct
2004-09-22	Common Stock	S	2243	$21.78	Disposed	760925	Direct
2004-09-22	Common Stock	S	1500	$21.8	Disposed	759425	Direct
2004-09-22	Common Stock	S	257	$21.81	Disposed	759168	Direct
2004-09-22	Common Stock	S	1721	$21.84	Disposed	757447	Direct
2004-09-22	Common Stock	S	1395	$21.85	Disposed	756052	Direct
2004-09-22	Common Stock	S	100	$21.88	Disposed	755952	Direct
2004-09-22	Common Stock	S	300	$21.89	Disposed	755652	Direct
2004-09-22	Common Stock	S	4130	$21.9	Disposed	751522	Direct
2004-09-22	Common Stock	S	100	$21.91	Disposed	751422	Direct
2004-09-22	Common Stock	S	100	$21.92	Disposed	751322	Direct
2004-09-22	Common Stock	S	45695	$22	Disposed	705627	Direct
2004-09-22	Common Stock	S	1500	$22.03	Disposed	704127	Direct
2004-09-22	Common Stock	S	200	$22.04	Disposed	703927	Direct
2004-09-22	Common Stock	S	4800	$22.05	Disposed	699127	Direct
2004-09-22	Common Stock	S	3006	$22.06	Disposed	696121	Direct
2004-09-22	Common Stock	S	200	$22.08	Disposed	695921	Direct
2004-09-22	Common Stock	S	1000	$22.09	Disposed	694921	Direct
2004-09-22	Common Stock	S	100	$22.1	Disposed	694821	Direct
2004-09-22	Common Stock	S	3039	$22.12	Disposed	691782	Direct
2004-09-22	Common Stock	S	100	$22.13	Disposed	691682	Direct
2004-09-22	Common Stock	S	1679	$22.14	Disposed	690003	Direct
2004-09-22	Common Stock	S	5000	$22.15	Disposed	685003	Direct
2004-09-22	Common Stock	S	1961	$22.19	Disposed	683042	Direct
2004-09-22	Common Stock	S	1476	$22.2	Disposed	681566	Direct