The term RED PLANE can be solved by the three letter acronym MIG, which stands for Mikoyan-Gurevich. This is a series of Soviet fighter aircraft designed by the Mikoyan-Gurevich Design Bureau. The first model was the MiG-15, which was used in the Korean War and was one of the most successful jet fighters of the era. Later models included the MiG-17, MiG-19, MiG-21, and MiG-29. These planes are still in use today by many countries around the world.