As of this date the Flash Player is no longer supported in the newest Android(jellybean).
AIR, however has had several new iterations for mobile.
I have programmed my application in flash CS6/AS3 and published as .SDK file using AIR (3.7). So will my AIR application work on android 4.2 eventhough it contains swf file?
now when air app was discontinued, you need to make sure your apk was packaged in captive runtime mode (basically it is similar to ios, air is now part of apk).