AIR T INC — Director's Dealing 2004

Sep 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIR T INC (Airt)
CIK: 0000353184
Period of Report: 2004-09-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-17	Common Stock	S	1500	$15.67	Disposed	1100572	Direct
2004-09-17	Common Stock	S	1400	$15.71	Disposed	1099172	Direct
2004-09-17	Common Stock	S	1000	$15.71	Disposed	1098172	Direct
2004-09-17	Common Stock	S	1500	$15.71	Disposed	1096672	Direct
2004-09-17	Common Stock	S	1000	$15.84	Disposed	1095672	Direct
2004-09-17	Common Stock	S	1200	$15.76	Disposed	1094472	Direct
2004-09-17	Common Stock	S	1000	$15.72	Disposed	1093472	Direct
2004-09-17	Common Stock	S	1300	$15.76	Disposed	1092172	Direct
2004-09-17	Common Stock	S	3000	$15.6	Disposed	1089172	Direct
2004-09-17	Common Stock	S	1200	$15.61	Disposed	1087972	Direct
2004-09-17	Common Stock	S	250	$15.63	Disposed	1087722	Direct
2004-09-17	Common Stock	S	300	$15.65	Disposed	1087422	Direct
2004-09-17	Common Stock	S	2000	$15.68	Disposed	1085422	Direct
2004-09-17	Common Stock	S	2200	$15.69	Disposed	1083222	Direct
2004-09-17	Common Stock	S	900	$15.7	Disposed	1082322	Direct
2004-09-17	Common Stock	S	7100	$15.72	Disposed	1075222	Direct
2004-09-17	Common Stock	S	2600	$15.75	Disposed	1072622	Direct
2004-09-17	Common Stock	S	1000	$15.82	Disposed	1071622	Direct
2004-09-17	Common Stock	S	2000	$15.85	Disposed	1069622	Direct
2004-09-17	Common Stock	S	1550	$15.99	Disposed	1068072	Direct
2004-09-17	Common Stock	S	2000	$16	Disposed	1066072	Direct
2004-09-17	Common Stock	S	600	$14.9	Disposed	1065472	Direct
2004-09-17	Common Stock	S	200	$14.91	Disposed	1065272	Direct
2004-09-17	Common Stock	S	100	$14.92	Disposed	1065172	Direct
2004-09-17	Common Stock	S	100	$14.93	Disposed	1065072	Direct
2004-09-17	Common Stock	S	300	$14.94	Disposed	1064772	Direct
2004-09-17	Common Stock	S	100	$14.96	Disposed	1064672	Direct
2004-09-17	Common Stock	S	100	$14.98	Disposed	1064572	Direct
2004-09-17	Common Stock	S	100	$15.03	Disposed	1064472	Direct
2004-09-17	Common Stock	S	500	$15.04	Disposed	1063972	Direct