I think that someone has been pulling your chain.

A household iron to work on RC AC.., In theory it could work (I guess) but in the real world it is too big and would not fit into all of the small crevases that make up a plane. Not to mention the fact that your wife/mother would kill you for getting monocoat glue and colours onto her iron which would then totally mess up the laundry... [:@] [:'(]

If you truely have bubbles that you need to get rid of, get a pin - pop all of the bubbles and then run over the covering with a normal RC iron. This will shink the covering and allow the air to escape while sealing the pin holes.

Good Luck.