*UPDATE*
macbook air had a pram reset and then sprung to life that same day.
I performed a time machine backup.
Laptop then shutdown again the next day and kernal panics (crashes) when attempting to login.
2 days later I brought it into an I.T. Store and it logged in fine, they did some diagnostics on it and told me that THE HARDWARE IS FINE.
Turns out I have a corrupt OSX and need to reinstall and start reloading applications on and testing one by one to see which is the culprit.
I suspect it's adobe premiere pro as the laptop had both its major crashes when this program was open.
Hope this can help anyone else before they throw away a laptop thats okay.