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  <xs:element id="airt_AAM241ThirdNPAWithInstitutionalInvestorsMember" abstract="true" name="AAM241ThirdNPAWithInstitutionalInvestorsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_OCASIncMember" abstract="true" name="OCASIncMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_NumberOfInstitutionalInvestors" abstract="false" name="NumberOfInstitutionalInvestors" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="airt_DebtInstrumentPrepaymentPeriod" abstract="false" name="DebtInstrumentPrepaymentPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_DebtInstrumentPrepaymentPremiumPercent" abstract="false" name="DebtInstrumentPrepaymentPremiumPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="airt_DebtInstrumentInterestRateMinimum" abstract="false" name="DebtInstrumentInterestRateMinimum" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="airt_TrustPreferredSecuritiesMember" abstract="true" name="TrustPreferredSecuritiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_RevolverAlerusMember" abstract="true" name="RevolverAlerusMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_OverlineNoteAlerusMember" abstract="true" name="OverlineNoteAlerusMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermNoteAAlerusMember" abstract="true" name="TermNoteAAlerusMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermNoteCAlerusMember" abstract="true" name="TermNoteCAlerusMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermLoanOCASIIMember" abstract="true" name="TermLoanOCASIIMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermLoanOCASIMember" abstract="true" name="TermLoanOCASIMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_BridgewaterBankMember" abstract="true" name="BridgewaterBankMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermLoanAlerusMember" abstract="true" name="TermLoanAlerusMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermLoanAINGMember" abstract="true" name="TermLoanAINGMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermLoanBINGMember" abstract="true" name="TermLoanBINGMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_PromissoryNotesInstitutionalInvestorsMember" abstract="true" name="PromissoryNotesInstitutionalInvestorsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermLoanBofAMember" abstract="true" name="TermLoanBofAMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermLoanCommonwealthMember" abstract="true" name="TermLoanCommonwealthMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_LineOfCreditCommonwealthMember" abstract="true" name="LineOfCreditCommonwealthMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_TermNoteInstitutionalInvestorsMember" abstract="true" name="TermNoteInstitutionalInvestorsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_AlerusLoanPartiesMember" abstract="true" name="AlerusLoanPartiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_ContrailAviationIncMember" abstract="true" name="ContrailAviationIncMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_WolfeLakeDebtMember" abstract="true" name="WolfeLakeDebtMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_AirTAcquisition221LLCMember" abstract="true" name="AirTAcquisition221LLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_AAM241DebtMember" abstract="true" name="AAM241DebtMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_MACDebtMember" abstract="true" name="MACDebtMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_REXDebtMember" abstract="true" name="REXDebtMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_AirTAcquisition25.1LLCMember" abstract="true" name="AirTAcquisition25.1LLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_LongTermDebtMaturityAfterYearFour" abstract="false" name="LongTermDebtMaturityAfterYearFour" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="airt_ATA25.1Member" abstract="true" name="ATA25.1Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_AirTMember" abstract="true" name="AirTMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_MACMember" abstract="true" name="MACMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_ContrailAssetManagementLLCMember" abstract="true" name="ContrailAssetManagementLLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_FeederAirlineContractualTerm" abstract="false" name="FeederAirlineContractualTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_FeederAirlineNumberOfCompaniesServiced" abstract="false" name="FeederAirlineNumberOfCompaniesServiced" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="airt_FeederAirlineNumberOfCompaniesServicedTotal" abstract="false" name="FeederAirlineNumberOfCompaniesServicedTotal" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="airt_RevenueFromContractWithCustomerExcludingAssessedTaxOther" abstract="false" name="RevenueFromContractWithCustomerExcludingAssessedTaxOther" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="airt_RevenueFromContractWithCustomerExcludingAssessedTaxOtherExternal" abstract="false" name="RevenueFromContractWithCustomerExcludingAssessedTaxOtherExternal" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="airt_OtherOperatingSegmentsAndIntersegmentEliminationsMember" abstract="true" name="OtherOperatingSegmentsAndIntersegmentEliminationsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_CorporateAndEliminationsMember" abstract="true" name="CorporateAndEliminationsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_CommercialAircraftEnginesAndPartsSegmentMember" abstract="true" name="CommercialAircraftEnginesAndPartsSegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_GroundSupportEquipmentSegmentMember" abstract="true" name="GroundSupportEquipmentSegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_DigitalSolutionsSegmentMember" abstract="true" name="DigitalSolutionsSegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_ShanwickMember" abstract="true" name="ShanwickMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_CAPRNCIMember" abstract="true" name="CAPRNCIMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_ThirdPartyMember" abstract="true" name="ThirdPartyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="airt_SubsidiaryOwnershipPercentageSold" abstract="false" name="SubsidiaryOwnershipPercentageSold" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="airt_CommitmentsAndContingenciesBondYieldPeriod" abstract="false" name="CommitmentsAndContingenciesBondYieldPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="airt_TreasuryBondYieldPlusPercentage" abstract="false" name="TreasuryBondYieldPlusPercentage" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="airt_CommitmentsAndContingenciesOptionNoticeNumberOfFiscalYears" abstract="false" name="CommitmentsAndContingenciesOptionNoticeNumberOfFiscalYears" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="airt_ShareholderAgreementCallOptionMultiple" abstract="false" name="ShareholderAgreementCallOptionMultiple" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:decimalItemType"/>
  <xs:element id="airt_OptionPotentialExerciseMultiple" abstract="false" name="OptionPotentialExerciseMultiple" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:decimalItemType"/>
  <xs:element id="airt_LiquidationPreferenceRedemptionValueRate" abstract="false" name="LiquidationPreferenceRedemptionValueRate" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="airt_TemporaryEquityRedemptionPeriod" abstract="false" name="TemporaryEquityRedemptionPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <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_ContrailRNCIMember" abstract="true" name="ContrailRNCIMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <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_OtherComprehensiveIncomeLossRedemptionValueAdjustment" abstract="false" name="OtherComprehensiveIncomeLossRedemptionValueAdjustment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
</xs:schema>
