Airline lying about lounge being on fire (6)

I believe the answer is:
ablaze
'on fire' is the definition.
(synonyms)
'airline lying about lounge' is the wordplay.
'airline lying' becomes 'ba' (I am not sure about this - if you are sure you should believe this answer much more).
'about' says the letters should be written backwards.
'lounge' becomes 'laze' (laze can mean to lounge around).
'ba' backwards is 'ab'.
'ab'+'laze'='ABLAZE'
'being' acts as a link.
Can you help me to learn more?
(Other definitions for ablaze that I've seen before include "Burning fiercely" , "Fiery" , "On fire - brightly lit" , "Flaming; on fire" , "Well-lit" .)
