The two new models feature a 10.5-inch display and 7.9-inch display, respectively, and offer Wi-Fi or Wi-Fi+Cellular connectivity.
Colour options are silver, space grey, or gold.
"The all-new iPad Air in an ultra-thin 10.5-inch design, offering the latest innovations including Apple Pencil support and high-end performance at a breakthrough price," said Apple.
This is thanks to the device's A12 Bionic chip with Apple's Neural Engine.
The new 7.9-inch iPad Mini is a "major upgrade for iPad Mini fans who love a compact, ultra-portable design packed with the latest technology", added Apple. It also features the company's A12 Bionic chip.
The pricing of the new iPads is as follows:
Wi-Fi Models
iPad Air 64GB - $499
iPad Air 256GB - $649
iPad Mini 64GB - $399
iPad Mini 256GB - $549
Wi-Fi + Cellular Models
iPad Air 64GB - $629
iPad Air 256GB - $779
iPad Mini 64GB - $529
iPad Mini 256GB - $679
Specifications
New iPad Air
New iPad Mini