yes, in your FS9.CFG that is burried in your computer. look for the following area....
the ShowLabelAirspeed=1 will do just that. the red tags above the aircraft will cycle through and it will show you WHO they are, WHAT they are, Flight Plan, Altitude, Heading, Airspeed. This is a GREAT Tweak if you want to chase AI or figure out spacing.
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