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        <link:definition>9952174 - Disclosure - REVENUE RECOGNITION</link:definition>
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        <link:definition>9955517 - Disclosure - PROPERTY AND EQUIPMENT (Tables)</link:definition>
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        <link:definition>9955518 - Disclosure - INTANGIBLE ASSETS AND GOODWILL (Tables)</link:definition>
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        <link:definition>9955519 - Disclosure - EQUITY METHOD INVESTMENTS (Tables)</link:definition>
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        <link:definition>9955520 - Disclosure - ACCRUED EXPENSES (Tables)</link:definition>
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        <link:definition>9955523 - Disclosure - EMPLOYEE AND NON-EMPLOYEE STOCK OPTIONS (Tables)</link:definition>
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        <link:definition>9955524 - Disclosure - REVENUE RECOGNITION (Tables)</link:definition>
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        <link:definition>9955525 - Disclosure - INCOME TAXES (Tables)</link:definition>
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  <xs:element id="airt_RedemptionAgreementAdjustedEarningsBeforeIncomeAndTaxDeductionAmount" abstract="false" name="RedemptionAgreementAdjustedEarningsBeforeIncomeAndTaxDeductionAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="airt_RedemptionAgreementAnnualEarnoutPaymentPeriod" abstract="false" name="RedemptionAgreementAnnualEarnoutPaymentPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_CommitmentsAndContingenciesOptionNoticeNumberOfFiscalYears" abstract="false" name="CommitmentsAndContingenciesOptionNoticeNumberOfFiscalYears" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="airt_CommitmentsAndContingenciesRemainingEquityInterestPeriod" abstract="false" name="CommitmentsAndContingenciesRemainingEquityInterestPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_CommitmentsAndContingenciesQuarterlyInstallmentPeriod" abstract="false" name="CommitmentsAndContingenciesQuarterlyInstallmentPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_TreasuryBondYieldInterestRate" abstract="false" name="TreasuryBondYieldInterestRate" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_CommitmentsAndContingenciesNumberOfSeries" abstract="false" name="CommitmentsAndContingenciesNumberOfSeries" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="airt_PaymentsForCapitalCommitments" abstract="false" name="PaymentsForCapitalCommitments" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="airt_NumberOfDates" abstract="false" name="NumberOfDates" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="airt_NumberOfYearsAfterExecutionOfAgreement" abstract="false" name="NumberOfYearsAfterExecutionOfAgreement" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_OtherCommitmentPremiumRateAboveFairMarketValue" abstract="false" name="OtherCommitmentPremiumRateAboveFairMarketValue" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="airt_NumberOfInstallmentsAfterExercise" abstract="false" name="NumberOfInstallmentsAfterExercise" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="airt_OtherCommitmentExpirationPeriod" abstract="false" name="OtherCommitmentExpirationPeriod" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_OtherCommitmentRateEquityInterestIssuable" abstract="false" name="OtherCommitmentRateEquityInterestIssuable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="airt_OtherCommitmentEquityInstrumentsOtherThanOptionsVestedInPeriod" abstract="false" name="OtherCommitmentEquityInstrumentsOtherThanOptionsVestedInPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_OtherCommitmentOptionsVestedInPeriodFairValue" abstract="false" name="OtherCommitmentOptionsVestedInPeriodFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="airt_ShanwickAndContrailMember" abstract="true" name="ShanwickAndContrailMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TemporaryEquityContributionsFromNonControllingMembers" abstract="false" name="TemporaryEquityContributionsFromNonControllingMembers" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="airt_TemporaryEquityDistributionsToNonControllingInterest" abstract="false" name="TemporaryEquityDistributionsToNonControllingInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="airt_NonFinancialGuaranteesMember" abstract="true" name="NonFinancialGuaranteesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_ArenaAviationPartnersB.V.Member" abstract="true" name="ArenaAviationPartnersB.V.Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_MillRoadInvestorsMember" abstract="true" name="MillRoadInvestorsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_AviationGrowthInitiativesMember" abstract="true" name="AviationGrowthInitiativesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_MRCPartiesMember" abstract="true" name="MRCPartiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_AssetAcquisitionRedemptionPercentage" abstract="false" name="AssetAcquisitionRedemptionPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="airt_AssetAcquisitionRemainingRedemptionPercentage" abstract="false" name="AssetAcquisitionRemainingRedemptionPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
</xs:schema>
