We have been discussing the need for an AIR specific version of the as3corelib library, which would contain useful APIs for working with Adobe AIR. However, instead of creating a new library, I have added an AIR package to as3corelib which will contain AIR specific APIs.
Right now, there is only one class added, a FileTarget for the Flex Log framework, but I expect we will be adding more over time.
If you have any suggestions, post them in the comments.