The most common and most likely answer to this crossword clue is the 6 plus 4 letter word TINKER BELL
I've seen this crossword clue in The Guardian
T
I
N
K
E
R
B
E
L
L
More clues leading to the result TINKER BELL
Buddy explains!
The straight part
We know that "Flying female" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case flying female = tinker bell.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.