I would recommend just trying it out! (as long as you have the disk space for a few models). llama.cpp[0] is pretty easy to download and build and has good support for M-series Macbook Airs. I usually just use LMStudio[1] though - it's got a nice and easy-to-use interface that looks like the ChatGPT or Claude webpage, and you can search for and download models from within the program. LMStudio would be the easiest way to get started and probably all you need. I use it a lot on my M2 Macbook Air and it's really handy.

[0] - https://github.com/ggml-org/llama.cpp

[1] - https://lmstudio.ai/