Mike Chambers has the scoop on the new Adobe AIR Logo on his blog. Check out his post about the new logo.

Mike Says:

I am not going to go into a detailed analysis of what the logo represents, but I do want to point out one of the core concepts behind the logo. Adobe AIR is built on top of three core web technologies (HTML, Flash and PDF), and we wanted the logo to represent this. Thus, each corner of the logo represents one of these core technologies.

I for one love it. I made a quick wallpaper in case anyone is interested. You can download it here (click to get the full-sized version):

Mike offers vector versions of the logo as well here.