Condensed Consolidated Statements of Income (Loss) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Operating Revenues:
Total	$ 35,604	$ 50,693	$ 72,576	$ 97,881
Total revenue	35,604	50,693	72,576	97,881
Operating Expenses:
General and administrative	8,424	9,409	15,974	19,120
Depreciation and amortization	1,149	1,695	1,758	3,635
Write-down on inventory	535	0	535	0
Asset impairment	129	7	129	14
(Gain)/Loss on sale of property and equipment	(3)	1	(4)	(4)
Operating Expenses	39,288	50,227	76,525	96,416
Operating (Loss) Income from continuing operations	(3,684)	466	(3,949)	1,465
Non-operating Income (Expense):
Other-than-temporary impairment loss on investments	0	(395)	0	(1,210)
Interest expense	(1,081)	(2,047)	(2,242)	(3,071)
Gain on settlement of bankruptcy	0	18	0	4,527
Loss from equity method investments	(498)	(34)	(1,056)	(355)
Other	359	(426)	1,086	(156)
Nonoperating income (expense)	(1,220)	(2,884)	(2,212)	(265)
(Loss) Income from continuing operations before income taxes	(4,904)	(2,418)	(6,161)	1,200
Income Taxes Benefit	(1,547)	(296)	(1,847)	(668)
Net (Loss) Income from continuing operations	(3,357)	(2,122)	(4,314)	1,868
Loss from discontinued operations, net of tax	0	(235)	0	(70)
Gain on sale of discontinued operations, net of tax	4	8,359	4	8,359
Net (Loss) Income	(3,353)	6,002	(4,310)	10,157
Net Loss (Income) Attributable to Non-controlling Interests	433	(287)	549	(2,660)
Net (Loss) Income Attributable to Air T, Inc. Stockholders	$ (2,920)	$ 5,715	$ (3,761)	$ 7,497
Loss from continuing operations per share (Note 6)
Basic (in dollars per share)	$ (1.01)	$ (0.80)	$ (1.31)	$ (0.30)
Diluted (in dollars per share)	(1.01)	(0.80)	(1.31)	(0.30)
Income from discontinued operations per share (Note 6)
Basic (in dollars per share)	0	2.69	0	3.14
Diluted (in dollars per share)	0	2.68	0	3.13
(Loss) Income per share (Note 6)
Basic (in dollars per share)	(1.01)	1.89	(1.31)	2.84
Diluted (in dollars per share)	$ (1.01)	$ 1.88	$ (1.31)	$ 2.83
Weighted Average Shares Outstanding:
Basic (in shares)	2,882	3,025	2,882	2,641
Diluted (in shares)	2,882	3,029	2,882	2,645
Overnight air cargo
Operating Revenues:
Total	$ 17,295	$ 19,745	$ 33,466	$ 38,064
Operating Expenses:
Cost of Revenue	15,234	17,707	29,401	34,226
Operating (Loss) Income from continuing operations	573	254	1,127	271
Ground equipment sales
Operating Revenues:
Total	12,060	12,741	27,888	24,991
Operating Expenses:
Cost of Revenue	9,758	10,358	21,956	20,089
Operating (Loss) Income from continuing operations	924	1,221	3,140	2,568
Commercial jet engines and parts
Operating Revenues:
Total	6,114	17,801	10,808	34,128
Operating Expenses:
Cost of Revenue	4,062	11,050	6,776	19,336
Corporate and other
Operating Revenues:
Total	135	406	414	698
Corporate and other	135	406	414	698
Operating Expenses:
Operating (Loss) Income from continuing operations	$ (2,906)	$ (2,092)	$ (5,039)	$ (4,345)