-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 She2SU5wwxINfiNXYAuv78v+Gt7s0/ZvosX9FsR4ZXKYIj+/SMRSpsCmZhylHKbo
 pKDPcyHojwTCX5Veizjhcw==

<SEC-DOCUMENT>0001179110-03-011500.txt : 20031201
<SEC-HEADER>0001179110-03-011500.hdr.sgml : 20031201
<ACCEPTANCE-DATETIME>20031201140229
ACCESSION NUMBER:		0001179110-03-011500
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031128
FILED AS OF DATE:		20031201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MEEKIN ROBERT T
		CENTRAL INDEX KEY:			0001244655

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17895
		FILM NUMBER:		031029635

	BUSINESS ADDRESS:	
		STREET 1:		7501 26TH AVE S
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55450

	MAIL ADDRESS:	
		STREET 1:		7501 26TH AVE S
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55450

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MAIR HOLDINGS INC
		CENTRAL INDEX KEY:			0000835768
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR TRANSPORTATION, SCHEDULED [4512]
		IRS NUMBER:				411616499
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		7501 26TH AVE S
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55450
		BUSINESS PHONE:		6127265151

	MAIL ADDRESS:	
		STREET 1:		150 S FIFTH ST
		STREET 2:		FIFTH ST TOWERS
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55450

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MESABA HOLDINGS INC
		DATE OF NAME CHANGE:	19951002
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
<periodOfReport>2003-11-28</periodOfReport>
<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000835768</issuerCik>
        <issuerName>MAIR HOLDINGS INC</issuerName>
        <issuerTradingSymbol>  MAIR</issuerTradingSymbol>
</issuer>
<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001244655</rptOwnerCik>
            <rptOwnerName>MEEKIN ROBERT T</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1000 BLUE GENTIAN ROAD, SUITE 200</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>EAGAN</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55121</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>1</isOfficer>
<isTenPercentOwner>0</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle>VP- People and Processes</officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value>
</securityTitle>
<transactionDate><value>2003-11-28</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>M</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>25000</value>
</transactionShares>
<transactionPricePerShare><value>6.54</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode><value>A</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>25000</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeTransaction>
</nonDerivativeTable>
<derivativeTable><derivativeTransaction><securityTitle><value>Stock Option (right to buy)</value>
<footnoteId id="F1"></footnoteId>
</securityTitle>
<conversionOrExercisePrice><value>6.54</value>
</conversionOrExercisePrice>
<transactionDate><value>2003-11-28</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>M</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>25000</value>
</transactionShares>
<transactionPricePerShare><value>0</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode><value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate><value>2002-11-16</value>
<footnoteId id="F2"></footnoteId>
</exerciseDate>
<expirationDate><value>2011-11-16</value>
</expirationDate>
<underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value>
</underlyingSecurityTitle>
<underlyingSecurityShares><value>25000</value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>25000</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
</derivativeTable>
<footnotes><footnote id="F1">Granted pursuant to Stock Option Plan meeting the requirements of Rule 16b-3.</footnote>
<footnote id="F2">Exercisable with respect to 25% of the Shares on such date, and with respect to an additional 25% of such shares on each anniversary date thereafter.</footnote>
</footnotes>
<ownerSignature><signatureName>/s/  Robert T. Meeken</signatureName>
<signatureDate>2003-11-28</signatureDate>
</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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