Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating Revenues:
Operating Revenues	$ 236,785	$ 215,502
Operating Expenses:
Overnight air cargo	67,391	65,100
Ground equipment sales	46,472	38,911
Commercial jet engines and parts	70,188	60,949
Printing equipment and maintenance	164	350
General and administrative	39,617	33,607
Depreciation and amortization	5,681	7,239
Impairment of property and equipment	18	35
Gain on sale of property and equipment	(37)	(20)
Operating Expenses	229,494	206,171
Operating Income from continuing operations	7,291	9,331
Non-operating Income (Expense):
Other-than-temporary impairment loss on investments	(2,305)	(2,000)
Interest expense, net	(4,692)	(3,427)
Gain on settlement of bankruptcy	4,527	0
Bargain purchase acquisition gain	49	1,984
Income (loss) from equity method investments	(910)	341
Other	(1,336)	(261)
Non-operating income (expense)	(4,667)	(3,363)
Income from continuing operations before income taxes	2,624	5,968
Income Taxes (Benefit)	(544)	1,761
Net income from continuing operations	3,168	4,207
Loss from discontinued operations, net of tax	(114)	(1,006)
Gain on sale of discontinued operations, net of tax	8,179	0
Net income	11,233	3,201
Net Income Attributable to Non-controlling Interests	(3,577)	(1,861)
Net Income Attributable to Air T, Inc. Stockholders	$ 7,656	$ 1,340
Income (Loss) from continuing operations per share (Note 24)
Basic (in dollars per share)	$ (0.15)	$ 0.77
Diluted (in dollars per share)	(0.15)	0.77
Income (loss) from discontinued operations per share:
Basic (in dollars per share)	2.89	(0.33)
Diluted (in dollars per share)	2.88	(0.33)
Income per share:
Basic (in dollars per share)	2.74	0.44
Diluted (in dollars per share)	$ 2.73	$ 0.44
Weighted Average Shares Outstanding:
Basic (in shares)	2,791,000	3,052,000
Diluted (in shares)	2,798,000	3,060,000
Overnight air cargo
Operating Revenues:
Operating Revenues	$ 75,275	$ 72,978
Ground equipment sales
Operating Revenues:
Operating Revenues	59,156	47,152
Commercial jet engines and parts
Operating Revenues:
Operating Revenues	101,284	93,968
Printing equipment and maintenance
Operating Revenues:
Operating Revenues	306	655
Corporate and other
Operating Revenues:
Operating Revenues	$ 764	$ 749