UPDATE: I finally had a chance to install the OWC Aura Pro 2012 into my 11" 2012 Air. I tested the speed of the original 256GB Apple SSD with the 480GB Aura Pro. The read speed is slightly better for the Aura but the write speed is slightly worse. However, the differences are pretty small and I cannot feel the difference anyway.
BUT !!!! my Aura Pro had the same problem, which was described earlier by other users somewhere in this forum, of being physically longer and not fitting into the available space.
Well, luckily the plastic battery divider interfering with the Aura can easily be carved with an X-acto knife so that the Aura can fit in.
Needless to say, this doesn't look good for the OWC. This is a well known problem and it should have been solved a long time ago.