Reading data from airspeed v3 eagle tree
I found the I2C address on my Eagletree Airspeed V3 sensor to be 0x75 NOT 0xEA.

the following code adapted from first sample above works on my Nano:

/*
 * note that timming is critical - see delay (5)
 * and bps set to 115200
 * works ok, but clean up 5-19-2019 jaf
 */

#include &lt;Wire.h&gt;

#define AIRSPEED_ADDRESS  0x75
#define WRITE_BIT         0x00
#define READ_BIT          0x01


void setup() {
  Wire.begin();
  Serial.begin(115200);
  Serial.println("Program started");
}

void loop() {
  byte data[2] = {0};
  int i = 0;

  Wire.beginTransmission(AIRSPEED_ADDRESS);  
  Wire.write(WRITE_BIT); 
  Wire.endTransmission();

  Wire.beginTransmission(AIRSPEED_ADDRESS);  
  Wire.write(0x07); 
  Wire.endTransmission();

  Wire.beginTransmission(AIRSPEED_ADDRESS);  
  Wire.write(READ_BIT); 
  Wire.endTransmission();

  Wire.beginTransmission(AIRSPEED_ADDRESS);  
  Wire.requestFrom(AIRSPEED_ADDRESS, 2);
  data[0] = Wire.read();
  Wire.endTransmission();

  Serial.println(data[0]);  
  delay(5);
}