Rapidly solidified and mechanically alloyed Al-Ti base alloys were prepared by gas atomization and attritor milling separately. The gas atomized and the mechanically alloyed powders were consolidated after preheating at $450^{circ}C$, and then heat treated isochronally for 1 hour to observe the microstructures and to investigate the mechanical properties. Stable phases of precipitates in the Al-Ti-Si and the Al-Ti-Zr alloys were identified as DO22-$(Al,Si)_3Ti$ and $Do_{23}-Al_3(Ti, Zr)$ each. Among the alloys, the mechanically alloyed Al-l0Ti-2Si alloy showed superior thermal stability and mechanical properties at elevated temperature. The additions of third elements, such as Si and Zr, to Al-Ti alloys seemed to improve the mechnical properties remarkably by stabilizing the microstructure and the precipitate phases in the consolidated alloys.