飛馬 is read as ひば (hiba) and means swift horse.
ひば
hiba
とびおりる
to jump down
ひこうき
airplane
ひこう
to fly
ひこうじょう
airfield
とびだす
to appear (suddenly)
とぶ
to come flying (of a punch, kick, etc.)
とばす
to attack (e.g. with a leg manoeuvre)
とびこむ
to burst in
とびだし
something that leaps or thrusts out
とびきり
jumping and slashing (e.g. at an enemy)
とばし
selling or divesting in unwanted stocks
とびち
scattered landholdings