Sure.
LiIon batteries operate by transferring Lithium atoms back and forth across a semi-permiable membrane between two electrodes that, not too far off as an analogy, absorb the atoms like a sponge. When it gets full, Lithium metal will start to crystallize instead of being incorporated into the electrode, and tiny metal projections start to grow.
As this occurs, that Lithium is lost as charge transport, and therefore the ability to store energy. Hence capacity declines.
Eventually, these little strands grow enough from both electrodes to reach the separating membrane, and short out the cell, ending its life.
This problem occurs at the extremes – Fully charged, fully discharged. This is why LiIon batteries are stored at 50%, and why the BEST practice, ironically, is not to charge fully, nor discharge fully.
Given my understanding, I'd leave a few minutes flight on the table, rather than stress the cells with another charging cycle.