Adobe AIR for Android

Adobe� AIR� will let you publish ActionScript 3 projects to run as native applications (.apk) for the Android OS. These AIR applications can be delivered to Android devices through Android application stores such as the Android Market.

Developers can write new code or reuse existing web content to build AIR applications for the Android OS. Because the source code and assets are reusable across the Flash Platform runtimes, Adobe AIR and Flash Player, it also gives developers a way to more easily target other mobile and desktop environments.
Sign-up now to participate in the AIR for Android prerelease program

If you are developer you can find video demos and full information of this developing adobe air apps program on this link: http://labs.adobe.com/technologies/air2/android/