Yes, you can thin just about any enamel for use in an airbrush. For Testors model enamels, I do prefer the Testors airbrush thinner. It seems expensive, but even if it doubles the cost of the paint, the paint is not a major expense, compared to the cost of the kit, PE sets, aftermarket decals, etc.
You can use turpentine or mineral spirits to thin it- many modelers do. I find a slight, subtle difference, but it is small, in using the Testors thinner. Be careful these days using generic "paint thinner." There is some real junk sold in hardware stores. Hold out for mineral spirits or turpentine, so you know what you are getting. It should be water clear. If it is milky white, do not use it.