FLYYQ (Spirit Aviation Holdings) Construction In Progress: $39 Mil (As of Dec. 2025)

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What is Spirit Aviation Holdings Construction In Progress?

Spirit Aviation Holdings FLYYQ -50.00% Construction In Progress is $39 Mil as of Dec. 2025. The stock has 5 warning signs investors should review.

Spirit Aviation Holdings's quarterly construction in progress increased from Jun. 2025 ($74 Mil) to Sep. 2025 ($75 Mil) but then declined from Sep. 2025 ($75 Mil) to Dec. 2025 ($39 Mil).

Spirit Aviation Holdings's annual construction in progress declined from Dec. 2023 ($481 Mil) to Dec. 2024 ($113 Mil) and declined from Dec. 2024 ($113 Mil) to Dec. 2025 ($39 Mil).

Spirit Aviation Holdings Construction In Progress Historical Data

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The historical data trend for Spirit Aviation Holdings's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spirit Aviation Holdings Construction In Progress Chart

Spirit Aviation Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 480.72 113.49 38.84

Spirit Aviation Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 113.49 86.32 73.57 75.38 38.84

Spirit Aviation Holdings Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $39 Mil mean?
Spirit Aviation Holdings (FLYYQ) has a Construction In Progress of $39 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Spirit Aviation Holdings and its competitors.
Is Spirit Aviation Holdings' Construction In Progress too high?
Spirit Aviation Holdings' current Construction In Progress is $39 Mil.
How does Spirit Aviation Holdings' Construction In Progress compare to APSI and YGMZF?
Spirit Aviation Holdings' Construction In Progress of $39 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Transportation company?
A good Construction In Progress depends on the Transportation industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Spirit Aviation Holdings and its competitors. Spirit Aviation Holdings's current Construction In Progress is $39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Aviation Holdings stock overvalued right now?
Spirit Aviation Holdings (FLYYQ) has a current Construction In Progress of $39 Mil. The current Construction In Progress is $39 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Spirit Aviation Holdings (FLYYQ), the current Construction In Progress is $39 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Spirit Aviation Holdings Business Description

Address 1731 Radiant Drive, Dania Beach, FL, USA, 33004
Spirit Aviation Holdings Inc is a low-fare carrier committed to offering an enhanced travel experience with flexible, affordable options. It flies only Airbus A320 family aircraft, which provides with operational and cost advantages compared to airlines that operate multiple aircraft types. The company operates in a single reportable segment that provides air transportation to passengers.