In this paper, the feasibility study and the parametric design of hybrid motor with HTPB/LOX were conducted for micro air launch system. Design results were compared with 1st stage of Pegasus XL for verification of hybrid motor. Results showed that hybrid motor replace solid booster if Isp of hybrid motor reaches 330sec. In addition, mission analysis was established for micro air launch system, and parametric design was conducted with design variables: number of port, initial oxidizer flux, and chamber pressure. And the region of Isp was identified by parametric study which satisfied design constraints and mission analysis.