Why should it be airlocked? are you talking about the pump on the left hand side of the burner. the SCREW flat head type is the pressure adjustment do not touch this without having a pressure guage to hand.
the Bolt head and yes it could look like a bleed nipple either way its the spanner one is where you can bleed the pump. loosen it a little bit and push the reset button oil will come out at pressure when this happens tighten it and boiler should fire it may take a few goes.
If you are unsure call some one Do not remove that bolt just loosen it. good luck
Brian Emian Plumbing & Heating Norfolk, April 2011