The air horn pumps need oil, if they have not had any for a long while then it could have just seized up or be grinding slowly.
You can try putting some oil in and seeing if it will recover, but if not then you'll need to find another pump.
There is a tiny cap on the top of the air horn pump, I've used 3 in 1 lubricating oil without any problems, but have also put normal 15/40 in there when I cannot find the little can of 3 in 1.