Earlier quoted context omitted.
Except to run Adobe Air applications you needed to install/distribute the proprietary closed-source Adobe Air runtime. Electron is just web technologies wrapped with a library to call system APIs.
Except to run Electron applications you need to distribute the open source Electron runtime. Just so happens that it's shipped with every application.
Send me the source for an Adobe Air application though and I still need to download Adobe Air proprietary tools to run it.
For an Electron application I can run it directly from open source tooling.