First change to root user:
sudo -i
Install xterm:
yum install xterm
Install Fedora 32 bit dependencies:
yum install ld-linux.so.2 gtk2-devel.i686 libdbus-glib-1.so.2 libhal.so.1
rpm-devel.i686 libXt.so.6 gnome-keyring-devel.i686 libDCOP.so.4
libxml2-devel.i686 nss-devel.i686 libxslt.i686 xterm
Download the Adobe Air rpm for 32 bit linux from Adobe download page and install using package manager.
If running an Adobe Air application gives an error/warning OR SELinux alert then run the following command:
sudo chcon -t execmem_exec_t '<app-install-path-with-name-of-binary>'
Now your Adobe Air application should install and work properly.