The slow compressional wave in air-saturated aluminum foams was studied by means of ultrasonic transverse transmission method over a frequency range from 0.2 MHz to 0.8 MHz. The samples investigated have three different cell sizes or pores per inch (5, 10 and 20 ppi) and each size has three aluminum volume fractions (5%, 8% and 12% AVF). Phase velocities show minor dispersion at low frequencies but remain constant after 0.7 MHz. Pulse broadening and amplitude attenuation are obvious and increase with increasing ppi. Attenuation increases considerably with AVF for 20 ppi foams. Tortuosity ranges from 1.003 to 1.032 and increases with AVF and ppi. However, the increase of tortuosity with AVF is very small for 10 and 20 ppi samples.