Rendered BI
The Sky and the Planet are just a background.
I just Modelled the plane with the help of a book I bought on amazon. I am no Good Modeller but I made this by reading the first few pages, I recommend it. :)
http://www.amazon.com/Build-Your-Rocket-Bike-ebook/dp/B0093OVE5E
I think this guy wrote the Book
https://cgcookie.com/blender/profile/kuhn0362
if I am not mistaken
