Does Adobe AIR support working with HTML 5?
Yes, Adobe AIR is working with HTML 5. According to the various websites listed on the Internet, Adobe AIR has been working on HTML 5 integration. Adobe developers made API and the libraries compatible between each other.
You can use the sample code on Adobe website to see how it works: http://help.adobe.com/en_US/AIR/1.5/devappshtml/WS5b3ccc516d4fbf351e63e3d118666ade46-7ecc.html