Air New Zealand Ltd (AIZ) — Financial Flexibility Index
Air New Zealand Ltd (AIZ) has a Financial Flexibility Index of 0.12x as of December 2025. Free cash flow of AU$906.15 Million (operating CF AU$213.04 Million minus capex AU$693.12 Million) represents 0% of total liabilities (AU$7.31 Billion). Check Air New Zealand Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Air New Zealand Ltd Financial Flexibility Index (2001–2025)
Historical Financial Flexibility Index trend for Air New Zealand Ltd across 24 annual periods. For the full cash flow conversion analysis, see how efficiently does Air New Zealand Ltd generate cash.
Annual Financial Flexibility Index for Air New Zealand Ltd (2001–2025)
Year-by-year free cash flow to debt coverage for Air New Zealand Ltd. Explore Air New Zealand Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.25x | AU$1.72 Billion | AU$940.00 Million | AU$6.79 Billion | ▲ +3.5% |
| 2024 | 0.24x | AU$1.60 Billion | AU$810.00 Million | AU$6.54 Billion | ▼ -29.0% |
| 2023 | 0.34x | AU$2.46 Billion | AU$1.85 Billion | AU$7.12 Billion | ▲ +145.2% |
| 2022 | 0.14x | AU$939.00 Million | AU$574.00 Million | AU$6.67 Billion | ▲ +44.5% |
| 2021 | 0.10x | AU$544.00 Million | AU$318.00 Million | AU$5.59 Billion | ▼ -28.3% |
| 2020 | 0.14x | AU$845.00 Million | AU$230.00 Million | AU$6.22 Billion | ▼ -57.7% |
| 2019 | 0.32x | AU$1.81 Billion | AU$986.00 Million | AU$5.63 Billion | ▼ -1.1% |
| 2018 | 0.32x | AU$1.84 Billion | AU$1.03 Billion | AU$5.67 Billion | ▼ -4.2% |
| 2017 | 0.34x | AU$1.76 Billion | AU$904.00 Million | AU$5.18 Billion | ▼ -15.9% |
| 2016 | 0.40x | AU$2.07 Billion | AU$1.07 Billion | AU$5.14 Billion | ▼ -12.6% |
| 2015 | 0.46x | AU$2.22 Billion | AU$1.10 Billion | AU$4.81 Billion | ▲ +33.5% |
| 2014 | 0.35x | AU$1.37 Billion | AU$730.00 Million | AU$3.98 Billion | ▲ +15.8% |
| 2013 | 0.30x | AU$1.13 Billion | AU$750.00 Million | AU$3.79 Billion | ▲ +2.7% |
| 2012 | 0.29x | AU$1.09 Billion | AU$472.00 Million | AU$3.77 Billion | ▼ -21.9% |
| 2011 | 0.37x | AU$1.26 Billion | AU$466.00 Million | AU$3.40 Billion | ▲ +46.9% |
| 2010 | 0.25x | AU$767.00 Million | AU$334.00 Million | AU$3.03 Billion | ▲ +8.3% |
| 2009 | 0.23x | AU$804.00 Million | AU$486.00 Million | AU$3.44 Billion | ▼ -21.6% |
| 2008 | 0.30x | AU$1.03 Billion | AU$743.00 Million | AU$3.45 Billion | ▲ +7.4% |
| 2007 | 0.28x | AU$887.00 Million | AU$331.00 Million | AU$3.20 Billion | ▼ -28.4% |
| 2006 | 0.39x | AU$1.24 Billion | AU$473.00 Million | AU$3.19 Billion | ▲ +6.9% |
| 2005 | 0.36x | AU$925.00 Million | AU$437.00 Million | AU$2.55 Billion | ▲ +46.9% |
| 2004 | 0.25x | AU$642.57 Million | AU$466.86 Million | AU$2.60 Billion | ▲ +342.8% |
| 2002 | 0.06x | AU$167.95 Million | AU$56.25 Million | AU$3.01 Billion | ▼ -33.0% |
| 2001 | 0.08x | AU$632.08 Million | AU$146.31 Million | AU$7.60 Billion | — |