Air New Zealand Ltd Free Cash Flow Generation Index

Latest as of December 2025: -2.25x

Air New Zealand Ltd free cash flow generation index. Air New Zealand Ltd (AIZ) has a Free Cash Flow Generation Index of -2.25x as of December 2025. Free cash flow of AU$-480.08 Million represents -2% of operating cash flow (AU$213.04 Million).

FCF Generation Index

-2.25x
Free Cash Flow / Operating CF

Free Cash Flow

AU$-480.08 Million
AUD

Operating Cash Flow

AU$213.04 Million
AUD

Capital Expenditures

AU$693.12 Million
AUD

Free Cash Flow Generation Index of Air New Zealand Ltd (2001–2025)

Free cash flow generation index of Air New Zealand Ltd from 2001 to 2025. Historical FCF Generation Index trend for Air New Zealand Ltd across 24 annual periods. See Air New Zealand Ltd (AIZ) flexibility index to measure the company's free cash flow as a share of total liabilities.

Air New Zealand Ltd Free Cash Flow Generation Index by Year (2001–2025)

Air New Zealand Ltd free cash flow generation index by year from 2001 to 2025. Year-by-year Free Cash Flow Generation Index for Air New Zealand Ltd. For the full cash flow conversion analysis, see AIZ cash generation efficiency.

Year FCG Index Free Cash Flow (AUD) Operating CF Capital Expenditures YoY Change
2025 0.17x AU$160.00 Million AU$940.00 Million AU$780.00 Million ▲ +625.6%
2024 0.02x AU$19.00 Million AU$810.00 Million AU$791.00 Million ▼ -96.5%
2023 0.68x AU$1.25 Billion AU$1.85 Billion AU$602.00 Million ▲ +85.4%
2022 0.36x AU$209.00 Million AU$574.00 Million AU$365.00 Million ▲ +25.9%
2021 0.29x AU$92.00 Million AU$318.00 Million AU$226.00 Million ▲ +117.3%
2020 -1.67x AU$-385.00 Million AU$230.00 Million AU$615.00 Million ▼ -1100.3%
2019 0.17x AU$165.00 Million AU$986.00 Million AU$821.00 Million ▼ -22.3%
2018 0.22x AU$222.00 Million AU$1.03 Billion AU$809.00 Million ▲ +281.7%
2017 0.06x AU$51.00 Million AU$904.00 Million AU$853.00 Million ▼ -20.3%
2016 0.07x AU$76.00 Million AU$1.07 Billion AU$998.00 Million ▲ +532.4%
2015 -0.02x AU$-18.00 Million AU$1.10 Billion AU$1.12 Billion ▼ -113.9%
2014 0.12x AU$86.00 Million AU$730.00 Million AU$644.00 Million ▼ -76.0%
2013 0.49x AU$368.00 Million AU$750.00 Million AU$382.00 Million ▲ +253.4%
2012 -0.32x AU$-151.00 Million AU$472.00 Million AU$623.00 Million ▲ +55.0%
2011 -0.71x AU$-331.00 Million AU$466.00 Million AU$797.00 Million ▼ -139.6%
2010 -0.30x AU$-99.00 Million AU$334.00 Million AU$433.00 Million ▼ -185.7%
2009 0.35x AU$168.00 Million AU$486.00 Million AU$318.00 Million ▼ -44.0%
2008 0.62x AU$459.00 Million AU$743.00 Million AU$284.00 Million ▲ +190.9%
2007 -0.68x AU$-225.00 Million AU$331.00 Million AU$556.00 Million ▼ -10.5%
2006 -0.62x AU$-291.00 Million AU$473.00 Million AU$764.00 Million ▼ -427.2%
2005 -0.12x AU$-51.00 Million AU$437.00 Million AU$488.00 Million ▼ -118.7%
2004 0.62x AU$291.16 Million AU$466.86 Million AU$175.70 Million ▲ +163.3%
2002 -0.99x AU$-55.46 Million AU$56.25 Million AU$111.70 Million ▲ +57.5%
2001 -2.32x AU$-339.45 Million AU$146.31 Million AU$485.76 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).