The Aeros finished first in the West to qualify for the playoffs.
The Aeros would lose in the semi-finals to the Winnipeg Jets.
[1] The Aeros defeated the Edmonton Oilers in the Division Semi-final 4–1.
In the Division Final, the Aeros were defeated by the Winnipeg Jets 4–2 in a rematch of the 1976 Avco Cup final.
[2] Note: Pos = Position; GP = Games played; G = Goals; A = Assists; Pts = Points; +/- = plus/minus; PIM = Penalty minutes; PPG = Power-play goals; SHG = Short-handed goals; GWG = Game-winning goals MIN = Minutes played; W = Wins; L = Losses; T = Ties; GA = Goals-against; GAA = Goals-against average; SO = Shutouts; Houston's draft picks at the 1976 WHA Amateur Draft.