|Circulation||16,386 Jan–Dec 2016|
|First issue||January 1989|
|Based in||Stamford, Lincolnshire|
Air Forces Monthly is a military aviation magazine published by Key Publishing, and based in Stamford, Lincolnshire, United Kingdom. It was established in 1988. It provides news and analysis on military aviation, technology and related topics.
The Independent claims that "Air Forces Monthly is widely read in the MoD and in the defence industry, both in Britain and in the US."
In 1997, an AFM report that a military aircraft crash at Boscombe Down in September 1994 involved a classified Aurora aircraft prompted denials from the Ministry of Defence and the United States Defense Department.
Sister publications include Air International, Air Enthusiast, Airliner World, and FlyPast.