As expected, despite the introduction of the new iPad Pro of the same size, the iPad Air 2 from 2014 will remain on sale for those who don't care that much about the latest and greatest hardware. Its price has been dropped, however. The iPad Air 2 will thus start at $399 from now on, in Wi-Fi-only form with 16GB of storage. That's $100 less than before.
If you want 64GB of storage, you'll need to shell out $499. Those are the only two options currently still available in Apple's online store. It's unclear if the Wi-Fi+LTE version of the iPad Air 2 will be discontinued or not.
This re-priced iPad Air 2 will be a better option for those looking at the iPad mini 4... except if you're after the smaller size. ;)