<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AIRNET
SYSTEMS, INC'S QUARTERLY REPORTS ON FORM 10-Q FOR THE INTERIM PERIODS
ENDED JUNE 30 AND MARCH 31, 1996 & IS QUALIFIED IN ITS ENTIRETY BY REFERENCE 
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   9-MOS                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1996             SEP-30-1996
<PERIOD-START>                             OCT-01-1995             OCT-01-1995
<PERIOD-END>                               JUN-30-1996             MAR-31-1996
<CASH>                                          15,310                      32
<SECURITIES>                                         0                       0
<RECEIVABLES>                                    7,441                   8,357
<ALLOWANCES>                                         0                       0
<INVENTORY>                                      4,435                   4,111
<CURRENT-ASSETS>                                31,151                  15,970
<PP&E>                                          73,513                  72,041
<DEPRECIATION>                                  39,315                  37,853
<TOTAL-ASSETS>                                  72,966                  53,421
<CURRENT-LIABILITIES>                            6,694                  14,829
<BONDS>                                              0                  17,733
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                           125                      59
<OTHER-SE>                                      63,657                  24,377
<TOTAL-LIABILITY-AND-EQUITY>                    72,966                  53,421
<SALES>                                            776                     479
<TOTAL-REVENUES>                                58,597                  37,606
<CGS>                                              707                     390
<TOTAL-COSTS>                                   40,055                  26,188
<OTHER-EXPENSES>                                23,307                   6,593
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                               1,053                     746
<INCOME-PRETAX>                                (6,526)                   3,688
<INCOME-TAX>                                     2,026                       1
<INCOME-CONTINUING>                            (8,553)                   3,687
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                   (8,553)                   3,687
<EPS-PRIMARY>                                   (1.30)                     .63
<EPS-DILUTED>                                   (1.30)                     .63
        

</TABLE>