The school was the brainchild of Air Marshal M. S. Chaturvedi who encountered problems trying to get his children admitted to a school in New Delhi while he was posted there with the Air Force. The school was started by the Indian Air Force Educational and Cultural Society, which also runs The Air Force School and Air Force Golden Jubilee Institute, with the aim of educating children of Air Force personnel posted to the National Capital Region. AFBBS made its beginning as a primary school, on 15 July 1955 with 116 pupils and six members of staff. The school was housed in war time barracks. By 1974 it had grown into a fully-fledged senior secondary school offering education to over 3300 pupils. Today, AFBBS functions under the aegis of Indian Air Force Educational and Cultural Society as a recognised, unaided private school. The school is affiliated to the Central Board of Secondary Education, New Delhi, and offers educational facilities under 10+2 scheme of education. In the mid 1990s in an India Today survey the school was listed in the top 10 schools of New Delhi, rising to first in 1995. Various agencies have since ranked it in top 10 or top 15 lists. In October 2005, the school celebrated its golden jubilee with a week-long festival, "Swarnajyoti", with inter-school competitions. In 2007 AFBBS achieved ISO 9001-2000 certification. In 2012 Air Marshal J. N. Burma at the school's annual day stated that as per Indian Air Force computer records, results of the school's pupils are the best in all schools run by the Indian Air Force.
Co-curricular activities
The school has various activities in every department and is an active participant in the annual football tournament, the Subroto Cup
Evaluation System – Senior Wing
A student has to put in at least 75% attendance during the year to become eligible to appear for the Board Examination/Annual Examination. There are two Terminal Examinations. In order to be declared as 'Passed' at the end of the academic session, a student must secure at least 40% marks in each of the subjects offered. In the Secondary and Senior Secondary students who appear in the Board Examinations at the end of the year will appear in the Pre-Board Examinations to be held in January. They will take Two Terminal Examinations like the other students. For admission and allotment of streams in Class XI the results of the Class X Board Examination will be taken into consideration.
Evaluation System – Junior Wing
In the Junior school the continuous evaluation system is used where students are graded throughout the year on the basis of class work, assessments, projects and activities.