INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in Registration Statement
No. 333-37224 on Form S-8 of   Air T, Inc., of our report dated
June 19, 2003 (which report expresses an unqualified opinion and includes
an explanatory paragraph relating to the presentation of discontinued
operations for the Company's aviation service business), appearing
in this Annual Report on Form 10-K of Air T, Inc. for the year ended
March  31, 2003.
.




Charlotte, North Carolina
June 30, 2003





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