Isn't this what happen to the iPad Mini though? The problem is simply moving up the chain because the iPad Pro is the flagship now. Boy am I glad I bit the bullet last year and just spent the cash on getting the Air 2 over the Air 1. It's been totally worth it.
Not necessarily. Apple could be transitioning to a 2-year cadence with the iPad. It's possible the Air 3 comes out next year with the A9 or A9X and Pencil support, while the mini 4 remains unchanged, and is updated in 2017 with the A10.