The invention discloses an aluminum alloy semi-ring for a fairing of a launch vehicle and a preparation method thereof, relating to an alloy semi-ring and a preparation method thereof. The invention solves a problem that the traditional aluminum alloy semi-ring for the fairing of the launch vehicle has a low intensity and cannot satisfy the application requirements of large-scale launch vehicles. The aluminum alloy semi-ring for a fairing of a launch vehicle is made of Si, Fe, Cu, Mn, Mg, Ni, Zn, Ti and Al. The tensile strength of the semi-ring is 380-450MPa, the percentage elongation after fracture is 6.0-10% and the Brinell hardness is 110N/sq.m-150N/sq.m. The preparation method comprises the following steps of: preparing the raw material, melting, casting, homogenizing annealing, forging, extruding, bending, quenching, coldly compressing to deform, flattening and ageing the raw materials to obtain the aluminum alloy semi-ring for the fairing of the launch vehicle. The aluminum alloy semi-ring for the fairing of the launch vehicle has a high intensity and can be applied to the large-scale launch vehicle.