MacBook Air wont turn on!

I would take it to an apple store. At only 2 months, I wouldnt trust it even if you found a quick fix

 

Run a hardware diagnostic, SEARCH this forum for instructions or Google.

If nothing wrong with hardware then advise re-load Operating System.

Don't want to do any of that, since it's still under warranty, take it in.

 

Do you have it powered by the AC adapter when doing this. If not, do so. It appears to be installing a firmware update and may require the AC adapter be connected in order to fully complete the process.

 

Had a similar issue with mine until the software update fixed it just a few days ago. This should resolve the issue initially until you install the update
http://support.apple.com/kb/TS2570

 

connect power cord and start up - could be installing a firmware update as previously suggested.
if that doesn't work then,
restart and hold down command+option+p+r (simultaneously) at the first chime until you hear the chime repeated 2 or 3 times - then allow to start up normally.
if that don't fix it, off to the Apple Store

 

I would still take it in and have a hardware diagnostic ran on it. Could be a faulty ssd.

 

I'd also run that firmware update that came out this past week as others have advised.