It flies North, perhaps, out East (6)
I believe the answer is:
hornet
'it flies' is the definition.
The definition suggests a singular noun which matches the answer.
'north perhaps out east' is the wordplay.
'perhaps' is an anagram indicator.
'out' means one lot of letters goes inside another.
'east' becomes 'e' ('E' can be a synonym of 'east').
'north' is an anagram of 'hornt'.
'hornt' enclosing 'e' is 'HORNET'.
Can you help me to learn more?
(Other definitions for hornet that I've seen before include "Small flier" , "A large wasp with serious sting" , "Throne (anag.)" , "Troublesome nester" , "Stingy type" .)