I tried it this year on my Tashkent. I cut off little slivers of the bark to the cambium layer at different intervals going around up for about 5 inches. I used a box cutter and sliced off strips in upside down V's going to about 1/4 to 1/3" wide. I alternated around the width going up the distance of the 5 inches. I used a clear plastic bagfilled up with peat and perlite.
I wasn't happy with FMV so I chopped the existing tree off and kept the air layer attached to the root system instead.
When I changed everything around, I removed the air-layer and saw roots emerging in several places along where I cut. They were about 2- 3 inches long after 3 weeks. With a little tweaking-maybe using foil for more heat penetration- I thing you can do it just like any other one. Just maybe a little more time since its growing as well.