The price of the iPhone Air was a big problem, in my opinion. It should have cost LESS than the regular 17, not more.
Wouldn't be surprised if Apple chose that for Air 2. They basically have two options:
A) Lower price - keep features the same (2026)
B) Add camera/speakers - maintain or raise prices (redesign delay to 2027)
Option A is far more conservative while B is risky and takes away engineering resources for Fold/Fold 2.