Crossword Genius

Broadcast street name of drug, indicating rate at which it flies around? (8)

Ross

I believe the answer is:

airspeed

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'drug indicating rate at which it flies around?' is the definition.
The definition suggests a singular noun which matches the answer.

'broadcast street name' is the wordplay.
'broadcast' becomes 'air' (to air on TV).
'street name' becomes 'speed' (I can't justify this - if you can you should believe this answer much more).
'air'+'speed'='AIRSPEED'

'of' is the link.

Can you help me to learn more?

(Other definitions for airspeed that I've seen before include "Flying velocity" , "Velocity of plane relative to the atmosphere" , "that keeps one flying?" , "rate of knots" , "Jumbo with such rapidity?" .)

I've seen this clue in The Irish Times.
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