iPad Air 2 was replaced with iPad 9.7 model today.
It doesn't look that much different from the iPad Air 2, A9 vs A8X wouldn't be much drastic difference. Amount of RAM is never mentioned by Apple, so that'd be out when people start receiving it. I'd assume the same amount as iPhone 6s (2GB) though. It seems to be slightly thicker and slightly more weighty. Cellular model still has the plastic bar (unlike the Pro model). Just editing this in, like thelastnoob has mentioned, the screen is worse (no laminated screen nor anti-reflection coating).
The price seems to be starting at low price for an iPad. 32GB WiFi model starts at $469 and that's the RRP on Apple Store. I honestly hope this will drive the price of older Air 2 down and have really cheap iPad deals with eBay 20% promotions.
The comparison, for anyone who's interested.
http://www.apple.com/au/ipad/compare/
I find myself a tad disappointed with what is released. I was hoping for new ipads that gave us more screen real estate for the same footprint size. Sounds like my little Mini will continue its valiant work for a while longer.