Aerostatic bearing is an ultra-precision component that uses a spindle surrounded by a thin film of air. Due to the high accuracy of aerostatic bearing, the demand for these components is very high in electronic, instrumentation, healthcare, and other manufacturing or processing industries. In the present work, the main focused area is on the experimental determination of the effect of roughness parameter on the performance of the aerostatic journal and thrust bearings. To achieve the aim, the aerostatic bearing is designed based on theoretical analysis. The present design is numerically investigated by simulation of airflow in ANSYS Fluent with computational fluid dynamics module. The results from the simulation are validated by the results generated for pressure distribution in previous researches. After performing the finishing on the bearing and spindle surface, the manufactured components are assembled for analysing the variation in radial and axial loads acting on the spindle with the spindle displacement (1-5 μm) in the direction of the load at supply pressures (3-6 bar) in the clearance of 30 μm. For surface improvement of the air bearing, three different techniques are used namely machining, grinding, and magnetorheological finishing. For each roughness reduction technique, the variation in axial and radial loads acting on the spindle is determined with variation in spindle displacement. The experimental results showed the increase in load capacity due to improvement in the surface finish for journal bearing and thrust bearing at 5 µm displacement in the spindle is found to be 0.68 N for machining to grinding and 2.0 N from grinding to magnetorheological finishing respectively. The results determined for the surface finish parameter reveals the effect of surface roughness on the load-carrying capacity of the aerostatic journal and thrust bearing. The current study on the surface finishing of aerostatic bearing is found effective for the applications such as drives in production machines where good grade of surface finish are the major parameters for improving the overall functional efficiency.