The iPad Air replaces the current full size retina iPad and it's price points. 16 GB iPad Air starts at $499 for the WiFi version, and $629 for the 4G LTE connection. The new iPad Air is 72x faster than the original iPad announced just 3 and a half years ago. The A7 chip from the iPhone 5s is included, but no fingerprint sensor.
I expect and iPad Pro announcement to come soon with the name change of the original iPad. What do you think?