CERTIFICATION

I, John Gioffre, Chief Financial Officer, certify that:

1.   I have reviewed this Quarterly Report on Form 10-Q of Air T, Inc.;
2.   Based on my knowledge, this report does not contain any untrue
     statement of a material fact or omit to state a material fact
     necessary to make the statements made, in light of the circumstances
     under which such statements were made, not misleading with respect to
     the period covered by this report;
3.   Based on my knowledge, the financial statements, and other financial
     information included in this report, fairly present in all material
     respects the financial condition, results of operations and cash flows
     of the registrant as of, and for, the periods presented in this
     report;
4.   The registrant's other certifying officer and I are responsible for
     establishing and maintaining disclosure controls and procedures (as
     defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the
     registrant and have:
     (a)  Designed such disclosure controls and procedures, or caused such
     disclosure controls and procedures to be designed under our
     supervision, to ensure that material information relating to the
     registrant, including its consolidated subsidiaries, is made known to
     us by others within those entities, particularly during the period in
     which this report is being prepared;
     (b)  Evaluated the effectiveness of the registrant's disclosure
     controls and procedures and presented in this report our conclusions
     about the effectiveness of the disclosure controls and procedures, as
     of the end of the period covered by this report based on such
     evaluation; and
     (c)  Disclosed in this report any change in the registrant's internal
     control over financial reporting that occurred during the registrant's
     most recent fiscal quarter that has materially affected, or is
     reasonably likely to materially affect, the registrant's internal
     control over financial reporting; and
5.   The registrant's other certifying officer and I have disclosed, based
     on our most recent evaluation of internal control over financial
     reporting, to the registrant's auditors and the audit committee of the
     registrant's board of directors (or persons performing the equivalent
     functions):
     (a)  All significant deficiencies and material weaknesses in the
     design or operation of internal control over financial reporting which
     are reasonably likely to adversely affect the registrant's ability to
     record, process, summarize and report financial information; and
     (b)  Any fraud, whether or not material, that involves management or
     other employees who have a significant role in the registrant's
     internal control over financial reporting.


Date:  November 4, 2004
/s/ John J. Gioffre
John J. Gioffre
Chief Financial Officer