Red Baron possibly shows perfect dash (3,3)

I believe the answer is:

air ace

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'red baron possibly' is the definition.
I know nothing about this answer so I cannot judge whether this works.

'perfect dash' is the wordplay.
'perfect' becomes 'ai' (I've seen this in other clues).
'dash' becomes 'race' (I've seen this in another clue).
'ai'+'race'='AIR ACE'

'shows' acts as a link.

Can you help me to learn more?

I've seen this clue in the Sydney Morning Herald.

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