The most common and most likely answer to this crossword clue is the 4 plus 2 plus 3 plus 5 letter word HOME ON THE RANGE
I've seen this crossword clue in The Times
H
O
M
E
O
N
T
H
E
R
A
N
G
E
Buddy explains!
The straight part
We know that "air" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case air = home on the range.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.