Kept having the same issues with the program until i checked the following things
1. Go to Controll panel , see administrative services, then click Services
2. Make sure the windows Installer service is Set to : Auto, and Enabled
3. Extract the Adobe AIR Setup with an Archiver , I.e 7zip should be fine \
4. Run setup after the extraction process.
5. Be sure you run 32Bit version for 32bit machine and 64Bit accordingly.
Thanks