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	2000	$18.52	Disposed	950172	Direct
2004-09-22	Common Stock	S	7420	$18.53	Disposed	942752	Direct
2004-09-22	Common Stock	S	500	$18.54	Disposed	942252	Direct
2004-09-22	Common Stock	S	100	$18.55	Disposed	942152	Direct
2004-09-22	Common Stock	S	1200	$18.56	Disposed	940952	Direct
2004-09-22	Common Stock	S	450	$18.57	Disposed	940502	Direct
2004-09-22	Common Stock	S	3500	$18.58	Disposed	937002	Direct
2004-09-22	Common Stock	S	500	$18.59	Disposed	936502	Direct
2004-09-22	Common Stock	S	1950	$18.6	Disposed	934552	Direct
2004-09-22	Common Stock	S	700	$18.61	Disposed	933852	Direct
2004-09-22	Common Stock	S	100	$18.62	Disposed	933752	Direct
2004-09-22	Common Stock	S	300	$18.63	Disposed	933452	Direct
2004-09-22	Common Stock	S	3000	$18.64	Disposed	930452	Direct
2004-09-22	Common Stock	S	1900	$18.65	Disposed	928552	Direct
2004-09-22	Common Stock	S	400	$18.67	Disposed	928152	Direct
2004-09-22	Common Stock	S	2000	$18.68	Disposed	926152	Direct
2004-09-22	Common Stock	S	300	$18.69	Disposed	925852	Direct
2004-09-22	Common Stock	S	1950	$18.7	Disposed	923902	Direct
2004-09-22	Common Stock	S	700	$18.71	Disposed	923202	Direct
2004-09-22	Common Stock	S	1500	$18.73	Disposed	921702	Direct
2004-09-22	Common Stock	S	600	$18.74	Disposed	921102	Direct
2004-09-22	Common Stock	S	730	$18.75	Disposed	920372	Direct
2004-09-22	Common Stock	S	1000	$18.77	Disposed	919372	Direct
2004-09-22	Common Stock	S	100	$18.78	Disposed	919272	Direct
2004-09-22	Common Stock	S	1000	$18.79	Disposed	918272	Direct
2004-09-22	Common Stock	S	4810	$18.81	Disposed	913462	Direct
2004-09-22	Common Stock	S	1190	$19	Disposed	912272	Direct
2004-09-22	Common Stock	S	14300	$19.05	Disposed	897972	Direct
2004-09-22	Common Stock	S	100	$19.15	Disposed	897872	Direct
2004-09-22	Common Stock	S	2300	$19.25	Disposed	895572	Direct