AIR T INC - Director's Dealing 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: Gioffre John J (Director, CFO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-22	Common Stock	S	500	$18.12	Disposed	7280	Direct
2004-09-22	Common Stock	S	200	$18.01	Disposed	7080	Direct
2004-09-22	Common Stock	S	100	$18.01	Disposed	6980	Direct
2004-09-22	Common Stock	S	100	$18	Disposed	6880	Direct
2004-09-22	Common Stock	S	200	$18	Disposed	6680	Direct
2004-09-22	Common Stock	S	100	$18	Disposed	6580	Direct
2004-09-22	Common Stock	S	300	$17.97	Disposed	6280	Direct
2004-09-22	Common Stock	S	500	$17.89	Disposed	5780	Direct
2004-09-22	Common Stock	S	100	$18.5	Disposed	5680	Direct
2004-09-22	Common Stock	S	400	$18.5	Disposed	5280	Direct
2004-09-22	Common Stock	S	500	$18.5	Disposed	4780	Direct
2004-09-22	Common Stock	S	500	$23.08	Disposed	4280	Direct
2004-09-22	Common Stock	S	500	$23.03	Disposed	3780	Direct
2004-09-21	Common Stock	S	1000	$18.975	Disposed	2780	Direct
2004-09-21	Common Stock	S	500	$18.62	Disposed	2280	Direct
2004-09-21	Common Stock	S	500	$18.61	Disposed	1780	Direct
2004-09-21	Common Stock	S	500	$18.46	Disposed	1280	Direct
2004-09-21	Common Stock	S	100	$18.47	Disposed	1180	Direct
2004-09-21	Common Stock	S	100	$18.47	Disposed	1080	Direct
2004-09-21	Common Stock	S	300	$18.37	Disposed	780	Direct