Using new MacBook Air for graphic design?

Will the new MacBook Air be good enough to handle running heavy graphics programs like adobe in design, Photoshop, illustrator, and the Microsoft office suite all at the same time?

I’ve always had MacBook Pros, but I like the thinner, lighter package of the MacBook Air now with the 15 inch screen. The new MacBook Pro’s are just thicker and heavier than I want to carry around. I don’t need all the extra connectivity. I just need a good CPU in a thin package.