Two phase bubblyflow of two components has widespread applications in industries when efficient mixture in equipaments is required. High rates of mixing are frequently obtained in a converging-diverging nozzle flow. In this investigation a resin made converging-diverging nozzle was designed and built, with pressure taps drilled along its axis, so that the water-air mixture properties could be investigated under the bubbly flow regime. The experimental data was compared to the predicted values by two existing theories(N. T. Thang and D. Chisholm), using the estimated uncertainty of results, showing that in the converging section of the nozzle, the predicted pressure profile matches with the experimentally one. In order to usa Thang s theory, the gas-liquid velocity ratio was experimentally determined as a function of their mass flow rate ratio. A prediction scheme for the throat and the divergent section of the nozzle, using a modification of Chisholm s C coeficient method, was developed using the experimental data of this investigation. It is proposed in this work a prediction scheme for the whole nozzle flow, under the bubbly flow regime.