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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                  SCHEDULE 13G

                                 (Rule 13d-102)

           INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
                           RULES 13d-1(b) AND (c) AND
                 AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)

                              (Amendment No. )*

                        WESTINGHOUSE AIR BRAKE COMPANY
- ------------------------------------------------------------------------------
                                (Name of Issuer)

                     COMMON STOCK, par value $.01 per share
- ------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                  960386-10-0
- ------------------------------------------------------------------------------
                                 (CUSIP Number)

*The remainder of this cover page shall be filled out for a reporting person's 
initial filing on this form with respect to the subject class of securities, 
and for any subsequent amendment containing information which would alter the 
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be 
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange 
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of 
the Act but shall be subject to all other provisions of the Act (however, see 
the Notes).


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CUSIP NO.  960386-10-0                13G                     PAGE 2 OF 5 PAGES

    1)  NAME OF REPORTING PERSON                RAC Voting Trust
        S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
             

    2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                (a)   / /
                                                                (b)   / /

    3)  SEC USE ONLY


    4)  CITIZENSHIP OR PLACE OF ORGANIZATION                   UNITED STATES 


    NUMBER OF SHARES             5) SOLE VOTING POWER                 4,686,169 
    BENEFICIALLY OWNED                 (See Item 4 for explanation)   
    BY EACH REPORTING            6) SHARED VOTING POWER                       0
    PERSON WITH
                                 7) SOLE DISPOSITIVE POWER                    0
                                       (See Item 4 for explanation)
                                 8) SHARED DISPOSITIVE POWER                  0

    9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  4,686,169
                                 (See Item 4 for explanation)
       
   10)  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
        SHARES* [ ]                       (See Item 4 for explanation)

   11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)                  11.3%


   12)  TYPE OF REPORTING PERSON*                                            00

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                                  SCHEDULE 13G

Item 1(a):  Name of Issuer:

        WESTINGHOUSE AIR BRAKE COMPANY       

Item 1(b):  Address of Issuer's Principal Executive Offices:

        1001 Air Brake Avenue
        Wilmerding, PA 15148

Item 2(a):  Name of Person Filing:

        RAC Voting Trust

Item 2(b):  Address of Principal Business Office or, if None, Residence:

        Westinghouse Air Brake Company 
        1001 Air Brake Avenue
        Wilmerding, PA 15148

Item 2(c):  Citizenship:

        UNITED STATES 

Item 2(d):  Title of Class of Securities:

        Common Stock, par value $.01 per share (the "Shares")

Item 2(e):  CUSIP Number:

        960386-10-0

Item 3:  Statement Filed Pursuant to Rule 13d-1(b) or Rule 13d-2(b): 

         None of the categories is applicable to any of the undersigned.

Item 4:  Ownership:

         As calculated under Rule 13d-3, the Voting Trust would be deemed to be
         the beneficial owner, as of December 31, 1997 of approximately
         4,686,169 Shares, or approximately 11.3% of the total Shares actually
         outstanding as of such date. The Voting Trust has the sole power to
         vote the 4,686,169 Shares pursuant to the Second Amended Voting
         Trust/Disposition Agreement dated as of December 13, 1995. The Voting
         Trust has no power to dispose or to direct the disposition of the
         4,686,169 Shares.

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Item 5:  Ownership of Five Percent or Less of a Class:

         Inapplicable.

Item 6:  Ownership of More than Five Percent on Behalf of Another Person:
                                                                         
         The persons who, pursuant to the Second Amended Voting
         Trust/Disposition Agreement dated as of December 13, 1995, delivered
         their shares of Common Stock of the Company to the Trustees of the
         Voting Trust and received in exchange therefor Voting Trust
         certificates, and such persons' permitted transferees, possess the
         rights to receive and the power to direct the receipt of dividends
         from, and the proceeds from the sale of, the Shares.

Item 7:  Identification and Classification of the Subsidiary Which Acquired the
         Security Being Reported on by the Parent Holding Company.

         Inapplicable.

Item 8:  Identification and Classification of Members of the Group.

         Inapplicable.

Item 9:  Notice of Dissolution of Group.

         Inapplicable.

Item 10  Certification.

         Inapplicable.


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                                   Signature

     After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true, 
complete and correct.


                                                  RAC VOTING TRUST



                                                  /s/ Kevin P. Connor 
                                                  -------------------
                                                      Kevin P. Connor
                                                      Trustee

Dated: February 11, 1998

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