$AIRT
AIR T INC Stock $airt

$airt Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000035318424000097 Filed on August 14, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$81.24M	$66.41M
YoY Change	2.88%	-7.03%
Cost Of Revenue	$62.19M	$51.62M
YoY Change	-3.04%	-9.97%
Gross Profit	$19.05M	$14.80M
YoY Change	28.46%	4.91%
Gross Profit Margin	23.45%	22.28%
Selling, General & Admin	$14.20M	$14.61M
YoY Change	6.3%	14.57%
% of Gross Profit	74.55%	98.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$949.0K	$760.0K
YoY Change	35.57%	10.14%
% of Gross Profit	4.98%	5.14%
Operating Expenses	$77.34M	$66.99M
YoY Change	-1.1%	-5.35%
Operating Profit	$3.899M	-$577.0K
YoY Change	412.35%	-187.69%
Interest Expense	$184.0K	-$23.00K
YoY Change	-90.07%	-101.27%
% of Operating Profit	4.72%
Other Income/Expense, Net	-$600.0K	$680.0K
YoY Change	-68.12%	-243.46%
Pretax Income	$3.299M	$103.0K
YoY Change	-394.29%	-44.02%
Income Tax	$300.0K	$71.00K
% Of Pretax Income	9.09%	68.93%
Net Earnings	$2.520M	-$335.0K
YoY Change	-256.62%	-36.91%
Net Earnings / Revenue	3.1%	-0.5%
Basic Earnings Per Share	$0.91	-$0.12
Diluted Earnings Per Share	$0.91	-$0.12
COMMON SHARES
Basic Shares Outstanding	2.760M shares	2.760M shares
Diluted Shares Outstanding	2.760M shares	2.761M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$8.612M	$7.815M
YoY Change	72.24%	29.73%
Cash & Equivalents	$8.612M	$7.815M
Short-Term Investments
Other Short-Term Assets	$5.010M	$4.616M
YoY Change	-57.9%	-54.7%
Inventory	$51.27M	$57.76M
Prepaid Expenses	$2.199M	$2.353M
Receivables	$30.77M	$22.83M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$102.6M	$100.7M
YoY Change	4.42%	-10.79%
LONG-TERM ASSETS
Property, Plant & Equipment	$20.64M	$20.81M
YoY Change	-2.41%	-3.16%
Goodwill	$10.70M	$10.50M
YoY Change	1.9%	-0.94%
Intangibles	$10.74M	$10.66M
YoY Change	-5.45%	-9.95%
Long-Term Investments	$17.59M	$16.03M
YoY Change	24.07%	14.88%
Other Assets	$2.777M	$3.468M
YoY Change	-35.07%	-20.55%
Total Long-Term Assets	$94.51M	$74.82M
YoY Change	28.58%	0.63%
TOTAL ASSETS
Total Short-Term Assets	$102.6M	$100.7M
Total Long-Term Assets	$94.51M	$74.82M
Total Assets	$197.1M	$175.5M
YoY Change	14.75%	-6.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$15.53M	$14.00M
YoY Change	24.83%	32.35%
Accrued Expenses	$14.33M	$14.53M
YoY Change	16.44%	-0.79%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$12.96M	$16.13M
YoY Change	-45.77%	-29.02%
Total Short-Term Liabilities	$45.11M	$46.85M
YoY Change	-11.12%	-5.88%
LONG-TERM LIABILITIES
Long-Term Debt	$118.4M	$100.5M
YoY Change	40.63%	1.96%
Other Long-Term Liabilities	$2.181M	$1.187M
YoY Change		2425.53%
Total Long-Term Liabilities	$2.181M	$1.187M
YoY Change		2425.53%
TOTAL LIABILITIES
Total Short-Term Liabilities	$45.11M	$46.85M
Total Long-Term Liabilities	$2.181M	$1.187M
Total Liabilities	$181.0M	$162.9M
YoY Change	21.9%	0.59%
SHAREHOLDERS EQUITY
Retained Earnings	$10.46M	$7.935M
YoY Change	-13.54%	-40.29%
Common Stock	$758.0K	$758.0K
YoY Change	0.0%	0.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.035M	$4.123M
YoY Change
Total Liabilities & Shareholders Equity	$197.1M	$175.5M
YoY Change	14.75%	-6.26%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$2.520M	-$335.0K
YoY Change	-256.62%	-36.91%
Depreciation, Depletion And Amortization	$949.0K	$760.0K
YoY Change	35.57%	10.14%
Cash From Operating Activities	$2.931M	$113.0K
YoY Change	-76.4%	-96.76%
INVESTING ACTIVITIES
Capital Expenditures	$14.84M	$339.0K
YoY Change	9175.0%	-16.09%
Acquisitions
YoY Change
Other Investing Activities	-$1.363M	-$23.00K
YoY Change	-513.03%	-97.13%
Cash From Investing Activities	-$16.20M	$2.008M
YoY Change	-9101.67%	-9661.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$2.519M
YoY Change		99.76%
Cash From Financing Activities	13.79M	-$1.291M
YoY Change	-204.83%	-68.33%
NET CHANGE
Cash From Operating Activities	2.931M	$113.0K
Cash From Investing Activities	-16.20M	$2.008M
Cash From Financing Activities	13.79M	-$1.291M
Net Change In Cash	513.0K	$862.0K
YoY Change	-193.27%	-228.85%
FREE CASH FLOW
Cash From Operating Activities	$2.931M	$113.0K
Capital Expenditures	$14.84M	$339.0K
Free Cash Flow	-$11.91M	-$226.0K
YoY Change	-197.14%	-107.34%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	us-gaap	Profit Loss ProfitLoss	32000	usd
CY2024Q2	us-gaap	Revenues Revenues	66411000	usd
CY2023Q2	us-gaap	Revenues Revenues	71431000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	60720000	usd
CY2024Q1	us-gaap	Inventory Gross InventoryGross	65327000	usd
CY2024Q1	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	4607000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	60720000	usd
CY2023Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	85000	usd
CY2023Q2	us-gaap	Variable Lease Cost VariableLeaseCost	185000	usd
CY2023Q2	us-gaap	Lease Cost LeaseCost	953000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	11376000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	12276000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P12Y1M
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0509
CY2023Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	404000	usd
CY2024Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-23000	usd
CY2023Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	54000	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	2008000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-21000	usd
CY2024Q2	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	30620000	usd
CY2023Q2	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	34186000	usd
CY2024Q2	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	29092000	usd
CY2023Q2	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	36820000	usd
CY2024Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	2519000	usd
CY2023Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1261000	usd
CY2024Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-300000	usd
CY2023Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-181000	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1291000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4076000	usd
CY2024Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	32000	usd
CY2023Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-56000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	862000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-669000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7843000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7090000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8705000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6421000	usd
CY2024Q2	airt	Equipment In Inventory Transferred To Assets On Lease EquipmentInInventoryTransferredToAssetsOnLease	112000	usd
CY2023Q2	airt	Equipment In Inventory Transferred To Assets On Lease EquipmentInInventoryTransferredToAssetsOnLease	0	usd
CY2024Q2	airt	Contingent Earnout For Contrail Redeemed Interest ContingentEarnoutForContrailRedeemedInterest	1104000	usd
CY2024Q2	us-gaap	Derivative Loss Statement Of Income Or Comprehensive Income Extensible Enumeration DerivativeLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2024#IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14612000	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11862000	usd
CY2024Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	760000	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	690000	usd
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	66988000	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	70773000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-577000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	658000	usd
CY2024Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	1946000	usd
CY2023Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	1808000	usd
CY2024Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1923000	usd
CY2023Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	691000	usd
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	703000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	643000	usd
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	680000	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-474000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	103000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	184000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	71000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	211000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	32000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-27000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	367000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	504000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-335000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-531000	usd
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.19
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.19
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2761000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2818000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2761000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2818000	shares
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-27000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-50000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-65000	usd
CY2024Q2	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	-146000	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	0	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	1000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	24000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	203000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	192000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-106000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-233000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-74000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-260000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	367000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	504000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-441000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-764000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7815000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7100000	usd
CY2024Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	890000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	743000	usd
CY2024Q2	us-gaap	Restricted Investments Current RestrictedInvestmentsCurrent	1241000	usd
CY2024Q1	us-gaap	Restricted Investments Current RestrictedInvestmentsCurrent	1392000	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1447000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1420000	usd
CY2024Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	22833000	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	22911000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	57758000	usd
CY2024Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	2353000	usd
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	2351000	usd
CY2024Q2	airt	Expense Reimbursements Current ExpenseReimbursementsCurrent	3164000	usd
CY2024Q1	airt	Expense Reimbursements Current ExpenseReimbursementsCurrent	3093000	usd
CY2024Q2	airt	Other Current Assets Fair Value OtherCurrentAssetsFairValue	341000	usd
CY2024Q1	airt	Other Current Assets Fair Value OtherCurrentAssetsFairValue	531000	usd
CY2024Q2	us-gaap	Other Assets Current OtherAssetsCurrent	4616000	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	4567000	usd
CY2024Q2	us-gaap	Assets Current AssetsCurrent	100670000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	102877000	usd
CY2024Q2	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	70000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	8000	usd
CY2024Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	302000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	252000	usd
CY2024Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	8071000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7705000	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	20808000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	20861000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5409000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5119000	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	10657000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	10978000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	13048000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	11376000	usd
CY2024Q2	us-gaap	Equity Method Investments EquityMethodInvestments	16030000	usd
CY2024Q1	us-gaap	Equity Method Investments EquityMethodInvestments	16653000	usd
CY2024Q2	us-gaap	Goodwill Goodwill	10503000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	10540000	usd
CY2024Q2	airt	Other Assets Fair Value OtherAssetsFairValue	1670000	usd
CY2024Q1	airt	Other Assets Fair Value OtherAssetsFairValue	1909000	usd
CY2024Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3468000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3630000	usd
CY2024Q2	us-gaap	Assets Assets	175486000	usd
CY2024Q1	us-gaap	Assets Assets	177167000	usd
CY2024Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	14003000	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	15072000	usd
CY2024Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	165000	usd
CY2024Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	139000	usd
CY2024Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14527000	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	15511000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2027000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	1761000	usd
CY2024Q2	us-gaap	Liabilities Current LiabilitiesCurrent	46850000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	46841000	usd
CY2024Q2	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	2447000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	2447000	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	11959000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	10515000	usd
CY2024Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1187000	usd
CY2024Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	0	usd
CY2024Q2	us-gaap	Liabilities Liabilities	162914000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	158371000	usd
CY2024Q2	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	7404000	usd
CY2024Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	12976000	usd
CY2024Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1.00
CY2024Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1.00
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2024Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2024Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2024Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.25
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.25
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	4000000	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	4000000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3030245	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3030245	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2760047	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2775163	shares
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	758000	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	758000	usd
CY2024Q2	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	270198	shares
CY2024Q2	airt	Treasury Stock Average Price Per Share TreasuryStockAveragePricePerShare	19.47
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	256850	shares
CY2024Q1	airt	Treasury Stock Average Price Per Share TreasuryStockAveragePricePerShare	19.31
CY2024Q2	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	5260000	usd
CY2024Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	4959000	usd
CY2024Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	876000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	859000	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	7935000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8192000	usd
CY2024Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-186000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-80000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	4123000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	4770000	usd
CY2024Q2	us-gaap	Minority Interest MinorityInterest	1045000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	1050000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5168000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5820000	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	175486000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	177167000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	32000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-27000	usd
CY2024Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	760000	usd
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	690000	usd
CY2024Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1923000	usd
CY2023Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	691000	usd
CY2024Q2	airt	Inventory Write Down Included In Operating Expenses InventoryWriteDownIncludedInOperatingExpenses	378000	usd
CY2023Q2	airt	Inventory Write Down Included In Operating Expenses InventoryWriteDownIncludedInOperatingExpenses	0	usd
CY2024Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-264000	usd
CY2023Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-479000	usd
CY2024Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-50000	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4921000	usd
CY2024Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2474000	usd
CY2023Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-6751000	usd
CY2024Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1069000	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	131000	usd
CY2024Q2	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1030000	usd
CY2023Q2	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1424000	usd
CY2024Q2	airt	Increase Decrease Employee Retention Credit Receivable IncreaseDecreaseEmployeeRetentionCreditReceivable	0	usd
CY2023Q2	airt	Increase Decrease Employee Retention Credit Receivable IncreaseDecreaseEmployeeRetentionCreditReceivable	-940000	usd
CY2024Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-177000	usd
CY2023Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1292000	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	113000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3484000	usd
CY2024Q2	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	0	usd
CY2023Q2	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	417000	usd
CY2024Q2	us-gaap	Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates	2324000	usd
CY2023Q2	us-gaap	Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates	854000	usd
CY2024Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	339000	usd
CY2023Q2	airt	Contingent Earnout For Contrail Redeemed Interest ContingentEarnoutForContrailRedeemedInterest	0	usd
CY2024Q2	airt	Related Party Note Payable For Redeemed Interest RelatedPartyNotePayableForRedeemedInterest	4570000	usd
CY2023Q2	airt	Related Party Note Payable For Redeemed Interest RelatedPartyNotePayableForRedeemedInterest	0	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5820000	usd
CY2024Q2	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	-340000	usd
CY2024Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	301000	usd
CY2024Q2	airt	Adjustments To Additional Paid In Capital Stock Option Forfeiture AdjustmentsToAdditionalPaidInCapitalStockOptionForfeiture	25000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	42000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-50000	usd
CY2024Q2	airt	Noncontrolling Interest Decrease From Redemptions Or Purchase Of Interests Including Retained Earnings NoncontrollingInterestDecreaseFromRedemptionsOrPurchaseOfInterestsIncludingRetainedEarnings	-224000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	1000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	203000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5168000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	12982000	usd
CY2023Q2	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	-540000	usd
CY2023Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	15000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	79000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-65000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-134000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	24000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	192000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	12407000	usd
CY2024Q2	us-gaap	Revenues Revenues	66411000	usd
CY2023Q2	us-gaap	Revenues Revenues	71431000	usd
CY2024Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	4143000	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	4359000	usd
CY2024Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	-1981000	usd
CY2024Q2	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	5767000	usd
CY2024Q1	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	5296000	usd
CY2024Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	1260000	usd
CY2024Q1	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	2335000	usd
CY2024Q2	us-gaap	Deposits Deposits	1082000	usd
CY2024Q1	us-gaap	Deposits Deposits	1403000	usd
CY2024Q2	airt	Acrrued Expenses Deferred Income AcrruedExpensesDeferredIncome	3061000	usd
CY2024Q1	airt	Acrrued Expenses Deferred Income AcrruedExpensesDeferredIncome	2956000	usd
CY2024Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	3357000	usd
CY2024Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	3521000	usd
CY2024Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14527000	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	15511000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	71000.0	usd
CY2024Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.689
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	200000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	1.147
CY2024Q2	us-gaap	Profit Loss ProfitLoss	32000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-27000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	367000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	504000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-335000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-531000	usd
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.19
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.19
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2761000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2818000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2761000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2818000	shares
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	15878000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5409000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	10469000	usd
CY2024Q2	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	188000	usd
CY2024Q2	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	188000	usd
CY2024Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	16066000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5409000	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	10657000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	15956000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5119000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	10837000	usd
CY2024Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	141000	usd
CY2024Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	141000	usd
CY2024Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	16097000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5119000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	10978000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	879000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	1098000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1024000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	966000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	958000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	954000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	4590000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	10469000	usd
CY2024Q2	us-gaap	Goodwill Goodwill	10500000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	10500000	usd
CY2022Q1	us-gaap	Derivative Loss On Derivative DerivativeLossOnDerivative	100000	usd
CY2024Q2	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	200000	usd
CY2024Q2	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	300000	usd
CY2023Q2	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	500000	usd
CY2023Q2	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	700000	usd
CY2024Q2	airt	Investments In Marketable Equity Securities At Fair Value InvestmentsInMarketableEquitySecuritiesAtFairValue	1600000	usd
CY2024Q1	airt	Investments In Marketable Equity Securities At Fair Value InvestmentsInMarketableEquitySecuritiesAtFairValue	1900000	usd
CY2021Q2	airt	Number Of Classes Of Equity Interests NumberOfClassesOfEquityInterests	2	interest
CY2024Q2	airt	Commercial Jet Engines Parts CommercialJetEnginesParts	44890000	usd
CY2024Q1	airt	Commercial Jet Engines Parts CommercialJetEnginesParts	49522000	usd
CY2024Q2	us-gaap	Inventory Gross InventoryGross	62564000	usd
CY2024Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	4806000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	57758000	usd
CY2024Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	668000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	683000	usd
CY2024Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	294000	usd
CY2024Q2	us-gaap	Variable Lease Cost VariableLeaseCost	226000	usd
CY2024Q2	us-gaap	Lease Cost LeaseCost	1188000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	13048000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	13986000	usd
CY2024Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P11Y
CY2024Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0531
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	2044000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	2683000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2535000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	1909000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1197000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	745000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	7669000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	18782000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	4796000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	13986000	usd
CY2024Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	112486000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	113459000	usd
CY2024Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	457000	usd
CY2024Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	533000	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	112029000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	112926000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	15902000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	24307000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	6453000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	2877000	usd
CY2024Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	1754000	usd
CY2024Q2	airt	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	61193000	usd
CY2024Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	112486000	usd
CY2024Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	457000	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	112029000	usd
CY2014Q2	srt	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	750000	shares
CY2019Q2	srt	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	1125000	shares
CY2024Q2	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	13348	shares
CY2024Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	300000	usd
CY2024Q2	us-gaap	Excise Taxes Collected ExciseTaxesCollected	0	usd
CY2024Q2	us-gaap	Noncurrent Assets NoncurrentAssets	21110000	usd
CY2024Q1	us-gaap	Noncurrent Assets NoncurrentAssets	21113000	usd
CY2024Q2	us-gaap	Revenues Revenues	66411000	usd
CY2023Q2	us-gaap	Revenues Revenues	71431000	usd
CY2024Q2	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	4	segment
CY2024Q2	us-gaap	Revenues Revenues	66411000	usd
CY2023Q2	us-gaap	Revenues Revenues	71431000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-577000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	658000	usd
CY2024Q2	airt	Capital Expenditures CapitalExpenditures	339000	usd
CY2023Q2	airt	Capital Expenditures CapitalExpenditures	404000	usd
CY2024Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	760000	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	690000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-577000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	658000	usd
CY2024Q2	airt	Depreciation Depletion And Amortization Excluding Leases DepreciationDepletionAndAmortizationExcludingLeases	760000	usd
CY2023Q2	airt	Depreciation Depletion And Amortization Excluding Leases DepreciationDepletionAndAmortizationExcludingLeases	690000	usd
CY2024Q2	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	378000	usd
CY2023Q2	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	0	usd
CY2024Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2023Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	6000	usd
CY2024Q2	airt	Tru Ps Issuance Expenses TruPsIssuanceExpenses	101000	usd
CY2023Q2	airt	Tru Ps Issuance Expenses TruPsIssuanceExpenses	45000	usd
CY2024Q2	airt	Adjusted Ebitda AdjustedEBITDA	662000	usd
CY2023Q2	airt	Adjusted Ebitda AdjustedEBITDA	1387000	usd
CY2024Q2	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	1000000.0	usd
CY2024Q2	airt	Number Of Dates NumberOfDates	3	anniversary
CY2024Q2	airt	Number Of Years After Execution Of Agreement NumberOfYearsAfterExecutionOfAgreement	P5Y
CY2024Q2	airt	Number Of Installments After Exercise NumberOfInstallmentsAfterExercise	3	installment
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P10Y
CY2024Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod	P10Y
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000353184-24-000097-index-headers.html	Edgar Link	pending
0000353184-24-000097-index.html	Edgar Link	pending
0000353184-24-000097.txt	Edgar Link	pending
0000353184-24-000097-xbrl.zip	Edgar Link	pending
airt-20240630.htm	Edgar Link	pending
airt-20240630.xsd	Edgar Link	pending
airt-20240630xex221.htm	Edgar Link	pending
airt-20240630xex311.htm	Edgar Link	pending
airt-20240630xex312.htm	Edgar Link	pending
airt-20240630xex321.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
airt-20240630_def.xml	Edgar Link	unprocessable
airt-20240630_pre.xml	Edgar Link	unprocessable
airt-20240630_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
airt-20240630_htm.xml	Edgar Link	completed
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
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R67.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
airt-20240630_cal.xml	Edgar Link	unprocessable

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$AIRT
AIR T INC Stock $airt

2024 Q3 Form 10-Q Financial Statement

#000035318424000097 Filed on August 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AIRT AIR T INC Stock $airt

2024 Q3 Form 10-Q Financial Statement

#000035318424000097 Filed on August 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AIRT
AIR T INC Stock $airt