Captain Bob Dayton and Lieutenant Ed Carey are partners in a company called "Sky Raiders" which seeks US government contracts for its inventions. Enemy spies attempt to steal, sabotage and discredit the inventions and founders of the company.

Thirteen year old Yotam is obsessed with flying, but his overprotective mother won't let him anywhere near planes, especially after he lost his father in a jet crush a few years ago. When Yotam and his classmate Noa find a rare antique plane in the local junkyard, they team up with Morris, an 80-year-old grumpy loner who used to be a pilot. Together they try to bring the plane back to life, just in time for the Annual Air Show.

Bob Rogers ('Lloyd Hughes'), a former World War One flying ace, loses his license after crashing an airplane while drunk. He works his way back into the commercial airline service by tracking down the bandits who have been robbing the Air Express.

Wing-commander Tim Mason leads a squadron of Lancaster bombers on almost nightly raids from England. Having flown eighty-seven missions he will shortly be retiring from flying, but the strain is showing. He tries to make sure his men concentrate only on their job and so keeps women away from the base, but then he himself meets naval officer Eve Canyon.