For long have pictures of a 11.6" MacBook air been flooding twitter feeds and other sites but today the news is official that there will be not one but TWO new MacBook Air models, 13.3" and 11.6" models have been announced by Apple, so far the features are

Multi-Touch Trackpadweb cam for facetime

11.6" version will LED Backlit display1366 x 768 resolutionNvidia 320 Mobile GPU on both models2GB of ram128GB of HDD space, clearly SSD's and there is also a 64GB variant for the 11.6" Model128GB Of HDD space and a 256GB variant for the 13.3" model1.4Ghz Core2Duo for the 11.6", while 1.86Ghz for the 13.3 model

The 11.6 Version is for $999 with a 64GB Hard drive and for the 128GB Hard drive it will cost you an additional $199 costing you a whooping $1,199, and the best part is that the 11.6" Model, the 13.3" model with 128GB Hard drive will cost $1299 and the 256GB version will cost $1599.

Both models are available right now

Source: SlashGear