AlFe intermetallic compound has low density, high specific strength, high oxidation resistance and heat resistance. It can be replaced by part of the titanium alloy in the aerospace industry at 150℃ - 350℃ working temperature range. It can obviously reduce the weight of the aircraft and keep cost down, but the hard brittle AlFe intermetallic compound easily produce micro-cracks when it’s stretching thus reduce the wear and mechanical properties. This study used repeat forging, folding and intermediate annealing proposes to fabricate an AlFe intermetallic compound reinforced aluminum matrix composite and has been probed the effect of AlFe intermetallic particle contents, loading and sliding speed on wearing properties. The experimental results show that the hardness was increased with increasing AlFe intermetallic particles content and the 5.3wt% content of AlFe intermetallic particle can get the lowest wear rate. When PV (loading x sliding speed) value is 118 had the highest the wear rate corresponding to condition is the load of 98kPa and the sliding speed of 1.2m/s. On the contrary, when PV value is 56 had the lowest the wear rate correspond to condition is the load of 19.6kPa and the sliding speed of 2.87m/s.