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 AIZ strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
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. See Air New Zealand Ltd (AIZ) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the full company profile including market capitalisation, see AIZ market cap overview.
| 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 | — |