I have same issue.
AIR setting pannel can open by following thread's method.
Flash CS6 Air to iOS "Edit Application Settings" menu not coming up. No way to publish to iOS.
But still cannot use Provisioning Profile.
If use Provisioning Profile to publish AIR ipa file, cannot install to any develop iPhone / iPad devices.
In my case,
Provisioning Profile released in 24 Oct. 2014 , can used and can install to any devices.
But renew Provisioning Profile released in 6 Nov. 2014, cannot used and cannot open panel , cannot install AIR ipa file to any devices.
Does anyone know how to resolve this issue?