From what i tested all the matters is at some point you begin the air combo with (S) to launch or relaunch (imput combo madness here) then air special with delay - air super - exchange. The only possible limitations may be with multiple OTG’s, floor bounch, or wall bounce combos. I say that because i dunno if using the left, right, or down aerial exchange counts as a floor or wall bounce in the combo limits (one proper floor - wall bounce per combo)
It seems like it could be possible with Ammy, ive never used her so i cant speak to how mobile you are after her air super.
Another thing i forgot to show in the video is the exchange still works ever if you drop the combo. EXP - if you try to do the combo i showed with akuma, if you wait to long to do the air super it wont connect with the air tatsu. However, if the character falls back into the air super you can still exchange afterward, even though the combo was broken.