The Air Force Medal (AFM) was a military decoration, awarded to personnel of the Royal Air Force and other British Armed Forces, and formerly to personnel of other Commonwealth countries, below commissioned rank, for "an act or acts of valour, courage or devotion to duty whilst flying, though not in active operations against the enemy".

The award was discontinued in 1993 when all ranks became eligible for the Air Force Cross (AFC) as part of the reform of the British honours system.

In 1993, the AFM was discontinued, as part of the review of the British honours system, which recommended removing distinctions of rank in respect of awards for bravery.

Since then, the Air Force Cross, previously only open to Commissioned and Warrant Officers, has been awarded to personnel of all ranks.

Fifteen honorary awards were made to aircrew from foreign countries, one in 1919 and 14 for service during the Second World War.