Al-0.5 wt.%Mg-0.08 wt.%Sn-0.05 wt.%Ga-0.05 wt.%In and Al-0.5 wt.%Mg-0.08 wt.%Sn-0.05 wt.%Ga alloys were prepared by melting, casting and cold rolling. Corrosion and discharge behaviors of the two experimental alloys were investigated by electrochemical measurement, self-corrosion rate measurement, air battery testing, and scanning electron microscopy. The results showed that Al-Mg-Sn-Ga-In alloy exhibited higher electrochemical activity than Al-Mg-Sn-Ga alloy in 2 M NaCl solution, while it showed lower electrochemical activity than Al-Mg-Sn-Ga alloy in 4 M NaOH solution. By comparison with the air battery based on Al-Mg-Sn-Ga alloy, the battery with Al-Mg-Sn-Ga-In alloy cannot exhibit better discharge performance in 4 M NaOH electrolyte. However, the performance of the air battery based on Al-Mg-Sn-Ga-In alloy was greatly improved due to the In-rich inclusions and the uniform corroded morphology in 2 M NaCl electrolyte. Thus, Al-Mg-Sn-Ga-In alloy was a good anode material for Al-air battery in 2 M NaCl electrolyte.