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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FNMWuoZJ2hYKRULbxlvL//ON9qQ/Q8vpf+qk4PLibUDJMSz6FTzooHjb2OayZxx9
 UnsBeWwvqYuTo2QFP74YGA==

<SEC-DOCUMENT>0001011696-04-000008.txt : 20040105
<SEC-HEADER>0001011696-04-000008.hdr.sgml : 20040105
<ACCEPTANCE-DATETIME>20040105125535
ACCESSION NUMBER:		0001011696-04-000008
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040102
FILED AS OF DATE:		20040105

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GERTMENIAN RUSSELL M
		CENTRAL INDEX KEY:			0001206649

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13025
		FILM NUMBER:		04502992

	BUSINESS ADDRESS:	
		STREET 1:		VORYS SATER SEYMOUR & PEASE LLP
		STREET 2:		52 E GAY STREET
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43216
		BUSINESS PHONE:		6142271976

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AIRNET SYSTEMS INC
		CENTRAL INDEX KEY:			0001011696
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR TRANSPORTATION, SCHEDULED [4512]
		IRS NUMBER:				311458309
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3939 INTERNATIONAL GATEWAY
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43219
		BUSINESS PHONE:		6142379777

	MAIL ADDRESS:	
		STREET 1:		3939 INTERNATIONAL GATEWAY
		STREET 2:		3939 INTERNATIONAL GATEWAY
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43219
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>c0001206649d20040105f4as1f.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4/A</documentType><periodOfReport>2004-01-02</periodOfReport><dateOfOriginalSubmission>2004-01-05</dateOfOriginalSubmission><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0001011696</issuerCik><issuerName>AIRNET SYSTEMS INC</issuerName>        <issuerTradingSymbol>ANS</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001206649</rptOwnerCik><rptOwnerName>GERTMENIAN RUSSELL M</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>3939 INTERNATIONAL GATEWAY</rptOwnerStreet1><rptOwnerStreet2></rptOwnerStreet2><rptOwnerCity>COLUMBUS</rptOwnerCity><rptOwnerState>OH</rptOwnerState><rptOwnerZipCode>43219</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle></officerTitle><otherText></otherT
ext></reportingOwnerRelationship></reportingOwner><nonDerivativeTable></nonDerivativeTable><derivativeTable><derivativeTransaction><securityTitle><value>Stock Options (Right to buy)</value></securityTitle><conversionOrExercisePrice><value>3.9</value></conversionOrExercisePrice><transactionDate><value>2004-01-02</value><footnoteId id="F1"/></transactionDate><deemedExecutionDate></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>4000</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2004-01-02</value><footnoteId id="F2"/></exerciseDate><expirationDate><value>2014-01-02</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Shares</value></u
nderlyingSecurityTitle><underlyingSecurityShares><value>4000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>8000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">Amended form is filed to change signatory on form.</footnote><footnote id="F2">Options vest 20% annually beginning 1/2/2004</footnote></footnotes><ownerSignature><signatureName>Julia K. Hughes</signatureName><signatureDate>2004-01-05</signatureDate></ownerSignature></ownershipDocument>

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