Apple Newsroom:

MacBook Air now comes standard with double the starting storage at 512GB with faster SSD technology, and is configurable up to 4TB, so customers can keep their most important work on hand. Apple’s N1 wireless chip delivers Wi-Fi 7 and Bluetooth 6 for seamless connectivity on the go. MacBook Air features a beautifully thin, light, and durable aluminum design, stunning Liquid Retina display, 12MP Center Stage camera, up to 18 hours of battery life, an immersive sound system with Spatial Audio, and two Thunderbolt 4 ports with support for up to two external displays.

Base storage went from 256 to 512 GB, but the base price went from the magic $999 to $1,100 ($1,099, technically, which doesn’t make the 99 seem magic). Presumably, those in the market for a $999 MacBook will buy the new about-to-be-announced-tomorrow lower-priced MacBook “Neo”, which I’m guessing will start at $800 ($799), maybe as low as $700 ($699), but will surely have higher-priced configurations for additional storage. Today’s new M5 MacBook Airs have storage upgrades of:

• 1 TB (+ $200)
• 2 TB (+ $600)
• 4 TB (+ $1,200)

Colors remain unchanged (and in my opinion, boring): midnight, starlight, silver, sky blue (almost black, gold-ish gray, gray, blue-ish gray). RAM options remain unchanged too: 16, 24, or 32 GB.

A comparison page showing the new M5 Air, old M4 Air, and base M5 MacBook Pro suggests not much else is new year-over-year, other than the Wi-Fi 7 and Bluetooth 6 support from the N1 chip.