Air France-KLM SA (AF) — Financial Flexibility Index

Latest as of March 2026: 0.06x

Air France-KLM SA (AF) has a Financial Flexibility Index of 0.06x as of March 2026. Free cash flow of €2.46 Billion (operating CF €1.52 Billion minus capex €940.00 Million) represents 0% of total liabilities (€41.04 Billion). Also explore AF net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

€2.46 Billion
Operating CF − Capex

Total Liabilities

€41.04 Billion
EUR

Capital Expenditures

€940.00 Million
EUR

Air France-KLM SA Financial Flexibility Index (2002–2025)

Historical Financial Flexibility Index trend for Air France-KLM SA across 24 annual periods. Check Air France-KLM SA (AF) strategic asset index to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Air France-KLM SA (2002–2025)

Year-by-year free cash flow to debt coverage for Air France-KLM SA. For the full company profile including market capitalisation, see market value of Air France-KLM SA.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.23x €9.01 Billion €4.56 Billion €38.36 Billion ▲ +15.0%
2024 0.20x €7.22 Billion €3.50 Billion €35.36 Billion ▲ +7.3%
2023 0.19x €6.68 Billion €3.12 Billion €35.07 Billion ▼ -15.4%
2022 0.23x €7.83 Billion €4.86 Billion €34.78 Billion ▲ +107.8%
2021 0.11x €3.74 Billion €1.53 Billion €34.50 Billion ▲ +630.7%
2020 -0.02x €-727.00 Million €-2.83 Billion €35.63 Billion ▼ -108.0%
2019 0.26x €7.27 Billion €3.90 Billion €28.44 Billion ▲ +7.4%
2018 0.24x €6.47 Billion €3.71 Billion €27.19 Billion ▼ -2.3%
2017 0.24x €5.21 Billion €2.90 Billion €21.39 Billion ▲ +22.2%
2016 0.20x €4.31 Billion €2.24 Billion €21.64 Billion ▲ +29.5%
2015 0.15x €3.55 Billion €1.90 Billion €23.06 Billion ▲ +50.2%
2014 0.10x €2.44 Billion €1.01 Billion €23.86 Billion ▼ -11.1%
2013 0.12x €2.67 Billion €1.48 Billion €23.13 Billion ▲ +11.6%
2012 0.10x €2.32 Billion €851.00 Million €22.49 Billion ▼ -34.9%
2011 0.16x €3.37 Billion €934.00 Million €21.22 Billion ▲ +0.8%
2010 0.16x €3.47 Billion €1.35 Billion €22.06 Billion ▲ +170.8%
2009 0.06x €1.30 Billion €-798.00 Million €22.36 Billion ▼ -52.8%
2008 0.12x €2.84 Billion €798.00 Million €23.10 Billion ▼ -50.0%
2007 0.25x €4.93 Billion €2.59 Billion €20.08 Billion ▼ -14.2%
2006 0.29x €5.23 Billion €2.85 Billion €18.26 Billion ▲ +2.6%
2005 0.28x €5.20 Billion €2.66 Billion €18.63 Billion ▲ +11.2%
2004 0.25x €4.09 Billion €1.96 Billion €16.28 Billion ▼ -9.8%
2003 0.28x €2.47 Billion €1.20 Billion €8.87 Billion ▼ -7.1%
2002 0.30x €2.57 Billion €1.11 Billion €8.57 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities