Spool back on air (6)

I believe the answer is:

rewind

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'spool back' is the definition.
The definition suggests a singular noun which matches the answer.

'on air' is the wordplay.
'on' becomes 're' (regarding).
'air' becomes 'wind'.
're'+'wind'='REWIND'

Can you help me to learn more?

(Other definitions for rewind that I've seen before include "Return to start of film" , "Turn (a tape) backwards" , "Coil back to the beginning" , "Turn back a film or tape" , "Operate tape" .)

I've seen this clue in The Independent.

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