AIR T INC — Director's Dealing 2012

Mar 26, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AIR T INC (AIRT)
CIK: 0000353184
Period of Report: 2012-03-20

Reporting Person: AO Partners I, LP (10% Owner)
Reporting Person: Swenson Nicholas John (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	249227	Direct

Footnotes

F1: The reported securities are owned directly by AO Partners I, L.P., and indirectly by AO Partners, LLC, as General Partner of AO Partners I, L.P. and Nicholas J. Swenson, as Managing Member of AO Partners, LLC. AO Partners, LLC and Nicholas J. Swenson disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.