Aviation listening is fun!
Lee,
The simple answer to your question is yes, the very very large majority of aviation communication is AM. Most average run-of-the-mill communication in civil aviation in the United States occurs between 108 and 136.975 MHz. Most scanners default to AM in this band. 108 to 118 is typically receive-only for aircraft, as this is where many navigation aids transmit.
The main band for most planes at your local airport and at all civil aviation airports in the United States is 118-136.975. Here you'll hear the tower, ground control, approach control, and en route control. Also you'll hear ATIS and AWOS broadcasts at large and medium size airports, a continuous transmission of real time weather observation and announcements about the airport which the pilots listen to before takeoff or before arriving at the airport.
Additionally, roughly from 129.0 to 132.0 is a small sub band reserved for commercial purposes, not used for any air traffic control (ATC) purposes. 121.5 is the EMERGENCY frequency, and from 121.6 to about 123.6, various frequencies are allocated for different special purposes, including use at all airports with no control tower where pilots self announce.
Military aviation occurs mostly from 225 to 400 MHz and most of this is also AM, but there are a few exceptions. International aviation, especially air traffic over oceans uses shortwave bands as one of the other posters indicated, and this is Upper Side Band (USB). Ground crews at airports often use FM radios no different than any other business. The military has the most exceptions as various frequencies between 30 and 50 MHz are used with either FM or AM, and some military aviation and other military or federal occurs in 137-144 and may be AM or FM, as well as in the federal band in 162-174 and 400-420. Most federal is FM (or moving to APCO 25), but if it's military and especially mil air, it may be AM or FM in those federal bands.
To repeat, the first place to start with listening to airplanes is 108 to 136.975, and this is AM.
http://www.airnav.com is a great place for useful information on your local airport. Frequencies are listed. Plug them in and eventually you will hear something.
Good luck and happy listening!