myanimelist.net ::According to Weekly Shonen Magazine, an OVA of Air Gear was announced. It'll be based on "Ikki vs. Ringo" episode of the original manga volume 16. The OVA will be released on November 17th.

Air Gear OVA official website

Staff
Director: Ishihira Shinji
Character Design: Horiuchi Osamu
Scenario: Maekawa Atsushi ("Bakugan: New Vestroia")
Art Setting & Prop Design: Roman Toma ("Basquash!"), Rugal Jan
Production Studio: Satelight

Cast
Itsuki: Okamoto Nobuhiko
Ringo: Tomatsu Haruka
Kururu: Fukui Yukari

Source: Scan of WSM