The game's plot sees a terrorist cell dubbed Black Falcon planejacking 13 prototype fighter jets dubbed "Assassin" from the CIA. There are three different plots to choose from, each with their own plot-twists. Players will be tasked with making the skies friendly again by screeching through the skies in an assortment of 19 originally designed planes, including the F-14D Tomcat, the F-22 Raptor and the F-15E Strike Eagle. Each of the planes can be customized with a variety of weapons, items and custom paint jobs.
After Burner: Black Falcon supports "numerous multiplayer challenges" in both eight-player competitive and two-player cooperative modes.