That noise tends to occur whenever you fly low past a large object like a cliff face or tower - presumably it's an echo effect of moving air caused by your flight. And no, it cannot be disabled, it's part of the sound fx for the game. I've never really had that much of an issue with it and actually quite like it (I don't find it particularly bass heavy myself - maybe try turning the bass setting on your sound system/sound card down or off to compensate?).

But then I find the sound made by the fireworks during the summer event and the Rising to be annoying, go figure.