windsock

or wind sock

[ wind-sok ]
/ ˈwɪndˌsɒk /

noun

a tapered, tubular cloth vane, open at both ends and having at the larger end a fixed ring pivoted to swing freely, installed at airports or elsewhere to indicate wind direction and approximate intensity.
Also called air sleeve, air sock, wind cone, wind sleeve.

Origin of windsock

First recorded in 1925–30; wind1 + sock1

British Dictionary definitions for windsock

windsock
/ (ˈwɪndˌsɒk) /

noun

a truncated cone of textile mounted on a mast so that it is free to rotate about a vertical axis: used, esp at airports, to indicate the local wind direction Also called: air sock, drogue, wind sleeve, wind cone