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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues:    
Total revenue $ 71,431 $ 50,862
Operating Expenses:    
General and administrative 12,754 11,779
Depreciation and amortization 690 861
Operating expenses 70,773 50,028
Operating Income 658 834
Non-operating (Expense) Income:    
Interest expense (1,808) (1,822)
Income from equity method investments 691 532
Other 643 (154)
Nonoperating income (expense) (474) (1,444)
Income (Loss) before income taxes 184 (610)
Income Tax Expense 211 192
Net Loss (27) (802)
Net Income Attributable to Non-controlling Interests (504) (631)
Net Loss Attributable to Air T, Inc. Stockholders $ (531) $ (1,433)
Loss per share (Note 6)    
Basic (in dollars per share) $ (0.19) $ (0.50)
Diluted (in dollars per share) $ (0.19) $ (0.50)
Weighted Average Shares Outstanding:    
Basic (in shares) 2,818 2,866
Diluted (in shares) 2,818 2,866
Overnight air cargo    
Operating Revenues:    
Total revenue $ 27,728 $ 20,564
Operating Expenses:    
Cost of Revenue 23,712 18,071
Depreciation and amortization 85 20
Operating Income 1,935 1,077
Ground equipment sales    
Operating Revenues:    
Total revenue 11,787 5,815
Operating Expenses:    
Cost of Revenue 10,338 4,432
Depreciation and amortization 34 49
Operating Income (85) 142
Commercial jet engines and parts    
Operating Revenues:    
Total revenue 29,846 22,855
Operating Expenses:    
Cost of Revenue 23,279 14,885
Depreciation and amortization 190 434
Operating Income 1,478 3,074
Corporate and other    
Operating Revenues:    
Total revenue 2,070 1,628
Operating Expenses:    
Depreciation and amortization 381 358
Operating Income $ (2,670) $ (3,459)