flyExclusive (flyExclusive) Construction In Progress : $0.62 Mil (As of Sep. 2023)

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What is flyExclusive Construction In Progress?

flyExclusive's quarterly construction in progress increased from Dec. 2022 ($0.45 Mil) to Mar. 2023 ($0.54 Mil) and increased from Mar. 2023 ($0.54 Mil) to Sep. 2023 ($0.62 Mil).

flyExclusive's annual construction in progress increased from Dec. 2021 ($0.29 Mil) to Dec. 2022 ($0.45 Mil) but then declined from Dec. 2022 ($0.45 Mil) to Dec. 2023 ($0.15 Mil).

flyExclusive Construction In Progress Historical Data

The historical data trend for flyExclusive'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.

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flyExclusive Construction In Progress Chart

flyExclusive Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Construction In Progress

0.29

0.45

0.15

flyExclusive Quarterly Data
	Dec20	Dec21	Mar22	Dec22	Mar23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial			-	0.45	0.54	0.62	0.15

flyExclusive 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.

flyExclusive (flyExclusive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » flyExclusive Inc (AMEX:FLYX) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

2860 Jetport Road, Kinston, NC, USA, 28504

Website

https://www.flyexclusive.com

flyExclusive Inc is a premier owner and operator of curated private aviation experiences dedicated to surpassing passenger expectations for quality, convenience, and safety. its mission is to be the world's most vertically integrated private aviation company through capital-efficient program growth, an industry-leading pricing model, optimal dispatch availability, in-house training, and a controlled premium customer experience on modernized aircraft. The company had over 90 aircraft in its owned and leased fleet which includes light, midsize, super-midsize, and large jets. As one of the nation's largest Citation operators, it has curated a versatile fleet of Citation CJ3/CJ3 plus, Citation Excel/XLS/XLS plus, Citation Encore/Encore plus, Citation Sovereign, and Citation X aircraft.

flyExclusive (flyExclusive) Headlines

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