An apparatus for producing air-cushion elements having at least one supply roll (1) of laminatable plastic film material (9) comprises a cutting means (21) for cutting at least one opening into the plastic film material, which is double-layered in the apparatus. By means of a blower (29), air is blowable through said opening into the plastic film material. By means of closing means (23, 24), a sealed air cushion can be created from the plastic film material. A cam disc (10) is provided that has a series of raised guide means (11, 16, 17) that are in direct actuation contact with the cutting means (21) and with the closing means (23, 24). In this manner a very simple apparatus of this type has been created in which, moreover, a simple cutting blade can be used that is also exchangeable in a simple manner.