Air T, Inc. 3524 Airport Road Maiden, North Carolina 28650 November 23, 2004 Ms. Theresa A. Messinese Staff Accountant United States Securities and Exchange Commission 450 5th Street, N.W. Judiciary Plaza Mail Stop 0305 Washington, D.C. 20549 Re: Form 8-K filed November 17, 2004 File No.: 0-11720 Dear Ms. Messinese: We are writing in response to your letter dated November 19, 2004 regarding our Current Report on Form 8-K dated November 17, 2004 (the "Current Report"). We are today filing Amendment No. 1 on Form 8-K/A ("Amendment No. 1") to amend the Current Report to clarify that the decision by the Audit Committee of our Board of Directors on November 10, 2004 to no longer engage our former independent public accountants resulted in Audit Committee dismissing those independent public accountants on that date. Amendment No. 1 includes as Exhibit 16 a letter from our former independent public accountants with respect to their agreement with the statements included in Amendment No. 1. We acknowledge that the adequacy and accuracy of the disclosure in these filings are our responsibility. We acknowledge that staff comment or changes in disclosure in response to staff comment effected in the above-mentioned filings do not foreclose the Commission from taking any action with respect to the filings. We also represent that staff comment may not be asserted as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. Sincerely, /s/ John J. Gioffre John J. Gioffre Vice President-Finance and Secretary cc: Stephen M. Lynch - Robinson, Bradshaw & Hinson, P.A.