From The Collaborative International Dictionary of English v.0.48:
Flair \Flair\ (fl[^a]r), n. [OE. flaireodor, fr. OF. & F. flair, fr. OF. flairier, F. flairer, to smell, LL. flagrare for L. fragrare. See Flagrant.] 1. Smell; odor. [Obs.] [Webster 1913 Suppl.]
2. Sense of smell; scent; fig., discriminating sense. [Webster 1913 Suppl.]
3. A talent or ability, expecially an intuitive one that makes performance of a task appear easy; an intuitive appreciation; a knack; as, she has a flair for acting. [PJC]
4. An attractive way of performing a task; style. [PJC]