There's no air in Emirates for track events (5)
I believe the answer is:
meets
'events' is the definition.
(meet is a kind of event)
I don't understand the rest of the clue.
Can you help me to learn more?
(Other definitions for meets that I've seen before include "Encounters, perhaps by appointment" , "Gathers together" , "Encounters or suffices" , "Hunt assemblies" , "Effectively copes with" .)