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SEGMENT INFORMATION
 12 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Air T's robust portfolio of businesses are managed on a highly decentralized basis. These businesses are aggregated into operating segments in a manner that reflects how Air T views the business activities. The Company's chief operating decision maker ("CODM") is the Chief Executive Officer. The Chief Executive Officer is ultimately responsible for significant capital allocation decisions and evaluating operating performance. In assessing performance for the Company's businesses, the chief operating decision maker reviews operating income and Adjusted EBITDA. Certain operating segments are aggregated into reportable segments.
Effective as of the fourth quarter of fiscal year 2025, the Company renamed the ground equipment sales segment to ground support equipment and renamed the commercial jet engines and parts segment to commercial aircraft, engines and parts to better align the descriptions of the segments with their activities.
Additionally, the Company has elected to separately disclose the digital solutions segment, as of the fourth quarter of fiscal year 2025, to align presentation in the financial statements with a key long-term growth area for the Company. Digital solutions was previously classified as part of insignificant business activities. As a result of this change, prior period segment information has been recast to conform to our current presentation in our financial statements

Air T's four reportable segments are as follows:
Reportable Segment
Principal Business Activities
Overnight Air Cargo
Overnight air cargo primarily operates under its relationship with FedEx spanning over 40 years and represent two of eight companies in the U.S. that have North American feeder airlines under contract with FedEx. MAC and CSA operate and maintain Cessna Caravan, Sky Courier, ATR-42 and ATR-72 aircraft that fly daily small-package cargo routes throughout the eastern United States and upper Midwest, and in the Caribbean.
Commercial Aircraft, Engines and Parts (formerly known as Commercial Jet Engines and Parts)
The Commercial aircraft, engines and parts segment manages and leases aviation assets; supplies surplus and aftermarket commercial jet engine components; provides commercial aircraft disassembly/part-out services; commercial aircraft parts sales; procurement services and overhaul and repair services to airlines
Ground Support Equipment (formerly known as Ground Support Sales)
Ground support equipment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers.
Digital Solutions
Digital solutions develops and provides digital aviation and other business services to customers within the aviation industry to generate recurring subscription revenues. Digital solutions has historically been reported as part of the central corporate function referred to as Corporate and Other.

The information that follows shows data of Air T's reportable segments reconciled to amounts reflected in our Consolidated Financial Statements. Intersegment eliminations are included to reconcile segment totals to consolidated amounts.

The cost and expense information presented below is based on the information regularly provided to the CODM. Further, asset information is not included in the information regularly provided to the CODM as they are not a key determining factor in the performance of the Company's reportable segments.

The Company also has a "Corporate and Other" category which includes unallocated Air T holding company costs that are not directly attributable to the ongoing operating activities of our reportable segments in addition to revenues and expenses for non-reportable operating segments.

Segment data is summarized in the following tables (in thousands):
Year ended March 31, 2025
Overnight Air CargoCommercial Aircraft, Engines and PartsGround Support EquipmentDigital SolutionsTotal
Revenue from external customers$124,031 $118,215 $38,940 $7,268 $288,454 
Intersegment revenue880 1,197 — — 2,077 
124,911 119,412 38,940 7,268 290,531 
Reconciliation of revenue
Other revenue13,570 
Elimination of intersegment revenue2
(2,251)
Total consolidated revenue$291,850 
Cost of sales:
Cost of sales from external sources$104,760 $84,896 $33,994 $2,462 
Intersegment cost of sales
911 1,323 — — 
105,671 86,219 33,994 2,462 
Less:3
General and administrative
$12,531 $24,113 $5,888 $5,078 
Other segment items4
489 2,583 268 792 
Segment profit (loss)6,220 6,497 (1,210)(1,064)$10,443 
Reconciliation of profit (loss)
Other revenue1
3,570 
Other cost of sales1
(1,191)
Other expenses1
(3,930)
Interest expense(8,387)
Income from equity method investments1,700 
Other non-operating expense(209)
Other corporate expenses5
(7,878)
Elimination of intersegment profits894 
Loss before income taxes$(4,988)
Year ended March 31, 2024
Overnight Air CargoCommercial Aircraft, Engines and PartsGround Support EquipmentDigital SolutionsTotal
Revenue from external customers$115,546 $125,535 $37,168 $5,783 $284,032 
Intersegment revenue126 2,150 — — 2,276 
115,672 127,685 37,168 5,783 286,308 
Reconciliation of revenue
Other revenue1
3,957 
Elimination of intersegment revenue2
(3,431)
Total consolidated revenue$286,834 
Cost of sales:
Cost of sales from external sources$97,690 $99,222 $31,834 $1,710 
Intersegment cost of sales
137 2,025 — 1 
97,827 101,247 31,834 1,711 
Less:3
General and administrative
$10,734 $21,792 $6,743 $3,929 
Other segment items4
366 756 144 804 
Segment profit (loss)6,745 3,890 (1,553)(661)$8,421 
Reconciliation of profit (loss)
Other revenue1
3,957 
Other cost of sales1
(1,202)
Other expenses1
(4,214)
Interest expense(6,916)
Income from equity method investments1,689 
Other non-operating expense8 
Other corporate expenses5
(6,162)
Elimination of intersegment profits464 
Loss before income taxes$(3,955)
Year ended March 31, 2025
Overnight Air CargoCommercial Aircraft, Engines and PartsGround Support EquipmentDigital Solutions
Total Reportable Segments
Corporate and otherTotal Consolidated
Depreciation and amortization$489 $2,148 $268 $792 $3,697 $659 $4,356 
Capital Expenditures418 14,911 217 36 15,582 97 15,679 
Year ended March 31, 2024
Overnight Air CargoCommercial Aircraft, Engines and PartsGround Support EquipmentDigital Solutions
Total Reportable Segments
Corporate and otherTotal Consolidated
Depreciation and amortization$366 $756 $144 $804 $2,070 $728 $2,798 
Capital Expenditures535 131 238 — 904 172 1,076