abstract classes are not supported by actionscript 3. see http://joshblog.net/2007/08/19/enforcing-abstract-classes-at-runtime-in-actionscript-3/
the above reference also provides a kind of hackish workaround to create abstract classes in as3.
Edit
also see http://www.kirupa.com/forum/showpost.php?s=a765fcf791afe46c5cf4c26509925cf7&p=1892533&postcount=70
Edit 2 (In response to comment)
Unfortunately, you’re stuck with the runtime error. One alternative would be to have a protected constructor…. except as3 doesn’t allow that either. See http://www.berniecode.com/blog/2007/11/28/proper-private-constructors-for-actionscript-30/ and http://gorillajawn.com/wordpress/2007/05/21/actionscript-3-%E2%80%93-no-private-constructor/.
You may Also find these useful: http://www.as3dp.com/category/abstract-classes/ and, in particular, http://www.as3dp.com/2009/04/07/design-pattern-principles-for-actionscript-30-the-dependency-inversion-principle/