
<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
As required by Accounting Standards FASB128, AIRT hereby submits restated
Financial Data Schedules for its 1997 fiscal year SEC form 10K and 10Q.  Filings
are as follows; form 10Q for qtr ended 6/96, 9/96 and 12/96 and form 10K for
year ended 3/31/97.  These schedules contain summary financial information
extracted from the above SEC forms as filed, adjusted for FASB128.
</LEGEND>
<RESTATED> 
       
<S>                             <C>                     <C>                     <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS                   9-MOS                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1997             MAR-31-1997             MAR-31-1997             MAR-31-1997
<PERIOD-END>                               JUN-30-1996             SEP-30-1996             DEC-31-1996             MAR-31-1997
<CASH>                                          576392                 1344776                 1467956                 2377898
<SECURITIES>                                   2818267                 2545412                 3055412                 2229708
<RECEIVABLES>                                  2628633                 2773088                 2639319                 3310810
<ALLOWANCES>                                         0                       0                       0                       0
<INVENTORY>                                     699480                  916901                  953503                 1069206
<CURRENT-ASSETS>                               7195492                 7943715                 8468423                 9452430
<PP&E>                                         3296919                 3092024                 3185702                 3398636
<DEPRECIATION>                                 1764778                 1768767                 1852448                 1943020
<TOTAL-ASSETS>                                 8863757                 9358687                 9905128                11188411
<CURRENT-LIABILITIES>                          1504292                 1872307                 2155949                 2864207
<BONDS>                                              0                       0                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0                       0
<PREFERRED>                                          0                       0                       0                       0
<COMMON>                                        653608                  653603                  651103                  662858
<OTHER-SE>                                           0                       0                       0                       0
<TOTAL-LIABILITY-AND-EQUITY>                   8863757                 9358687                 9905128                11188411
<SALES>                                        8123607                16872334                25410390                35103272
<TOTAL-REVENUES>                               8123607                16872334                25410390                35103272
<CGS>                                                0                       0                       0                       0
<TOTAL-COSTS>                                  7514557                16116887                24208949                33462191
<OTHER-EXPENSES>                                (1643)                (182359)                (182359)                (518123)
<LOSS-PROVISION>                                     0                       0                       0                       0
<INTEREST-EXPENSE>                                   0                       0                       0                       0
<INCOME-PRETAX>                                 610693                  937806                 1383800                 2159204
<INCOME-TAX>                                    205334                  403956                  545370                  836000
<INCOME-CONTINUING>                             405359                  533850                  838430                 1323204
<DISCONTINUED>                                       0                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0                       0
<CHANGES>                                            0                       0                       0                       0
<NET-INCOME>                                    405359                  533850                  838430                 1323204
<EPS-PRIMARY>                                     0.15                    0.05                    0.12                    0.19
<EPS-DILUTED>                                     0.14                    0.05                    0.11                    0.17
        

</TABLE>
