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TeachMeFinance.com - explain airspeed indicator airspeed indicator 'airspeed indicator' is an military term meaning '(DOD,NATO) An instrument which displays the indicated airspeed of the aircraft derived from inputs of pitot and static pressures'. Previous 5 Terms: airspace control system airspace coordinating measures- airspace coordination area airspace management - airspace reservation Next 5 Terms: airways station_ alert force alert order _ alert order alerting service_ Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.