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: 2004-09-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-21	Common Stock	S	1475	$17.55	Disposed	1050697	Direct
2004-09-21	Common Stock	S	600	$17.6	Disposed	1050097	Direct
2004-09-21	Common Stock	S	100	$17.7	Disposed	1049997	Direct
2004-09-21	Common Stock	S	5637	$17.8	Disposed	1044360	Direct
2004-09-21	Common Stock	S	2500	$17.9	Disposed	1041860	Direct
2004-09-21	Common Stock	S	2000	$17.91	Disposed	1039860	Direct
2004-09-21	Common stock	S	19300	$18	Disposed	1020560	Direct
2004-09-21	Common Stock	S	100	$18.01	Disposed	1020460	Direct
2004-09-21	Common Stock	S	3863	$18.03	Disposed	1016597	Direct
2004-09-21	Common Stock	S	5630	$18.05	Disposed	1010967	Direct
2004-09-21	Common Stock	S	100	$18.06	Disposed	1010867	Direct
2004-09-21	Common Stock	S	11850	$18.1	Disposed	999017	Direct
2004-09-21	Common Stock	S	4100	$18.11	Disposed	994917	Direct
2004-09-21	Common Stock	S	300	$18.13	Disposed	994617	Direct
2004-09-21	Common Stock	S	3250	$18.15	Disposed	991367	Direct
2004-09-21	Common Stock	S	100	$18.18	Disposed	991267	Direct
2004-09-21	Common Stock	S	11470	$18.2	Disposed	979797	Direct
2004-09-21	Common Stock	S	200	$18.21	Disposed	979597	Direct
2004-09-21	Common Stock	S	100	$18.22	Disposed	979497	Direct
2004-09-21	Common Stock	S	200	$18.23	Disposed	979297	Direct
2004-09-21	Common Stock	S	2105	$18.25	Disposed	977192	Direct
2004-09-21	Common Stock	S	2100	$18.3	Disposed	975092	Direct
2004-09-21	Common Stock	S	10100	$18.35	Disposed	964992	Direct
2004-09-21	Common Stock	S	400	$18.43	Disposed	964592	Direct
2004-09-21	Common Stock	S	3800	$18.5	Disposed	960792	Direct
2004-09-21	Common Stock	S	2800	$18.51	Disposed	957992	Direct
2004-09-21	Common Stock	S	100	$18.52	Disposed	957892	Direct
2004-09-21	Common Stock	S	1425	$18.55	Disposed	956467	Direct
2004-09-21	Common Stock	S	600	$18.56	Disposed	955867	Direct
2004-09-21	Common Stock	S	2695	$18.6	Disposed	953172	Direct