I bought 2 iPad Air2 64Gbyte in September from a reputable UK supplier. Both worked perfectly straight from the box.
5 weeks later in early October BT infinity broadband became available in our road, so we switched, and took advantage of using BT’s Homehub5 modem/router with dualband wifi.
One of the iPads worked just fine, but the other had VERY slow (<1Mbps) connectivity. The other iPad had 32Mbps. When I swapped the BT homehub5 for my old router (Ubiquiti Air), both iPads worked OK. A LONG, LONG time was spent fiddling with router and iPad settings with no success. A borrowed Netgear dual band modem/router replicated the fault experienced with the BT router, convincing me that the fault lay in the iPad throwing a strop if 802.11ac wireless was being broadcast.
I could find no way of configuring the BT homehub to only transmit 2.4GHz to confirm my suspicion that the ‘faulty’ iPad only showed the fault if a 802.11ac was present.
I took the iPad to the iStore in Tunbridge Wells, and it’s wifi speed there was normal – cruciallythe store had no 802.11ac wireless.
So I returned the iPad as faulty, and today I received a replacement under warranty. Its wifi speed is good – same as the other iPad.
So I’d say that SOME iPad Air2 units have a wifi fault that ONLY shows up if 802.11ac wifi is present. Hope this is of help.