<ARTICLE> 5 <LEGEND> </LEGEND> <CIK> 0000930832 <NAME> JETFLEET III <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> JUN-30-2000 <EXCHANGE-RATE> 1 <CASH> 2,405,670 <SECURITIES> 0 <RECEIVABLES> 218,310 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 14,646,730 <PP&E> 13,196,240 <DEPRECIATION> 2,093,150 <TOTAL-ASSETS> 14,646,730 <CURRENT-LIABILITIES> 1,361,820 <BONDS> 11,076,350 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,661,450 <COMMON> 815,200 <OTHER-SE> (268,090) <TOTAL-LIABILITY-AND-EQUITY> 14,646,730 <SALES> 0 <TOTAL-REVENUES> 1,191,410 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 587,240 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 456,350 <INCOME-PRETAX> 147,820 <INCOME-TAX> 49,560 <INCOME-CONTINUING> 98,260 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 98,260 <EPS-BASIC> 0.12 <EPS-DILUTED> 0.12