JetBlue Airways (MIL:1JAM) Construction In Progress: €158 Mil (As of Mar. 2026)


MIL:1JAM JetBlue Airways Corp MIL:1JAM
44 GF Score
Price €4.63
GF Value €3.92
Valuation Modestly Overvalued
! 10 Warning Signs
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What is JetBlue Airways Construction In Progress?

JetBlue Airways MIL:1JAM 44 Construction In Progress is €158 Mil as of Mar. 2026. GuruFocus rates MIL:1JAM with a GF Score™ of 44/100 and a GF Value™ of €3.92 (Modestly Overvalued). The stock has 10 warning signs investors should review.

JetBlue Airways's quarterly construction in progress declined from Sep. 2025 (€195 Mil) to Dec. 2025 (€151 Mil) but then increased from Dec. 2025 (€151 Mil) to Mar. 2026 (€158 Mil).

JetBlue Airways's annual construction in progress declined from Dec. 2023 (€360 Mil) to Dec. 2024 (€301 Mil) and declined from Dec. 2024 (€301 Mil) to Dec. 2025 (€151 Mil).

JetBlue Airways Construction In Progress Historical Data

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The historical data trend for JetBlue Airways'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.

JetBlue Airways Construction In Progress Chart

JetBlue Airways 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 298.25 391.76 360.38 300.83 151.16

JetBlue Airways Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 290.45 219.35 195.11 151.16 158.30
MIL:1JAM
44GF Score
JetBlue Airways Corp MIL:1JAM
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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JetBlue Airways 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 €158 Mil mean?
JetBlue Airways (MIL:1JAM) has a Construction In Progress of €158 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on JetBlue Airways and its competitors.
Is JetBlue Airways' Construction In Progress too high?
JetBlue Airways' current Construction In Progress is €158 Mil. Overall, JetBlue Airways has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JetBlue Airways' Construction In Progress compare to ALGT and ULCC?
JetBlue Airways' Construction In Progress of €158 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 JetBlue Airways and its competitors. JetBlue Airways's current Construction In Progress is €158 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JetBlue Airways stock overvalued right now?
Based on GuruFocus' analysis, JetBlue Airways (MIL:1JAM) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.92, compared to a current price of €4.63 — trading 18% above its estimated fair value. The current Construction In Progress is €158 Mil. JetBlue Airways' overall GF Score™ is 44/100 with 10 warning signs to review. 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 JetBlue Airways (MIL:1JAM), the current Construction In Progress is €158 Mil as of Mar. 2026. 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.

Is JetBlue Airways (MIL:1JAM) Overvalued in 2026?

Based on GuruFocus' analysis, JetBlue Airways stock appears to be overvalued. The current stock price of €4.63 is trading 18% above its estimated GF Value™ of €3.92. GuruFocus considers JetBlue Airways to be Modestly Overvalued.

Key valuation signals for MIL:1JAM:

  • Construction In Progress: €158 Mil
  • GF Value™: €3.92 vs. price of €4.63 (18% above fair value)
  • GF Score™: 44/100 with 10 warning signs

No single metric tells the full story. See the MIL:1JAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JetBlue Airways Business Description

Address 27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The company has one operating segment, Air Transportation Services, which provides services in the United States, the Caribbean, Latin America, Canada, and Europe. The majority of revenue is generated from the Domestic & Canada segment.
44GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.63
Price
€3.92
GF Value