Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Operating Revenues:
Revenue	$ 175,121	$ 236,785
Operating Expenses:
General and administrative	34,264	39,781
Depreciation and amortization	3,107	5,681
Write-down of inventory	6,405	0
Impairment of property and equipment	187	18
Gain on sale of property and equipment	(10)	(37)
Operating Expenses	184,296	229,494
Operating (Loss) Income from continuing operations	(9,175)	7,291
Non-operating Income (Expense):
Other-than-temporary impairment loss on investments	0	(2,305)
Interest expense, net	(4,624)	(4,692)
Gain on settlement of bankruptcy	0	4,527
Loss from equity method investments	(723)	(910)
Other	2,741	(1,287)
Non-operating income (expense)	(2,606)	(4,667)
(Loss) Income from continuing operations before income taxes	(11,781)	2,624
Income Tax Benefit	(3,387)	(544)
Net (Loss) Income from continuing operations	(8,394)	3,168
Loss from discontinued operations, net of tax	0	(114)
Gain on sale of discontinued operations, net of tax	4	8,179
Net (Loss) Income	(8,390)	11,233
Net Loss (Income) Attributable to Non-controlling Interests	1,113	(3,577)
Net (Loss) Income Attributable to Air T, Inc. Stockholders	$ (7,277)	$ 7,656
Loss from continuing operations per share (Note 22)
Basic (in dollars per share)	$ (2.53)	$ (0.15)
Diluted (in dollars per share)	(2.53)	(0.15)
Income from discontinued operations per share:
Basic (in dollars per share)	0	2.89
Diluted (in dollars per share)	0	2.88
(Loss) Income per share:
Basic (in dollars per share)	(2.53)	2.74
Diluted (in dollars per share)	$ (2.53)	$ 2.73
Weighted Average Shares Outstanding:
Basic (in shares)	2,882,000	2,791,000
Diluted (in shares)	2,882,000	2,798,000
Overnight air cargo
Operating Revenues:
Revenue	$ 66,251	$ 75,275
Operating Expenses:
Cost of sales	58,351	67,391
Ground equipment sales
Operating Revenues:
Revenue	60,679	59,156
Operating Expenses:
Cost of sales	45,282	46,472
Commercial jet engines and parts
Operating Revenues:
Revenue	46,793	101,284
Operating Expenses:
Cost of sales	36,710	70,188
Corporate and other
Operating Revenues:
Revenue	$ 1,398	$ 1,070