Hummm.....I thought I typed in some feedback on this one earlier today....anyway. I like this, but can you move the letters in baird closer together and maybe make them a little taller. Right now "air" stands out, but like the design. Try it in a navy-ish blue color.
I'm still partial to your first attempt. Instead of increasing the height, can you go back to your first attempt and just move the letters a tad bit (not a lot) closer together, please.