Well ventilated eagle’s nest, some would say (4)
I believe the answer is:
airy
'well ventilated' is the definition.
(letting a lot of air through)
I don't understand the rest of the clue.
Can you help me to learn more?
(Other definitions for airy that I've seen before include "Lacking substance" , "Delicate; dismissive" , "Delicate; well ventilated" , "Well-ventilated; casual" , "'Up the . . . . mountain / Down the rushy glen' (William Allingham)" .)