The differences between the two jets mainly come on the top and rear of the builds. One has a larger single rear fin and two larger wings at the back, while the other has two smaller fins and the large wings positioned in the middle of the vehicle. The nose and cockpit areas are identical on both jets, and both come with stickers; the airshow logo on the wings, and a plane motif on the sides.
Bag 4 finishes the fuselage and all that is left are the engines and tail section.  You'll notice that this aircraft has a bathroom on board as well as some storage for a non-existent flight attendant.  I think this is the first time that LEGO has put some additional details into aircraft besides just seats.  Also there is only one pilot for a 2 seat cockpit in the set.  

Manufacturing of Lego bricks occurs at several locations around the world. Moulding is done in Billund, Denmark; Nyíregyháza, Hungary; Monterrey, Mexico and most recently in Jiaxing, China. Brick decorations and packaging are done at plants in Denmark, Hungary, Mexico and Kladno in the Czech Republic. The Lego Group estimates that in five decades it has produced 400 billion Lego blocks.[41] Annual production of Lego bricks averages approximately 36 billion, or about 1140 elements per second. According to an article in BusinessWeek in 2006, Lego could be considered the world's No. 1 tire manufacturer; the factory produces about 306 million small rubber tires a year.[42] The claim was reiterated in 2012.[43]

The upper and lower wings are connected by a dark bluish grey 4 x 1 x 3 tail on either side; this tail element is unique to the set in this colour, although has previously appeared in a couple of sets back in 2003 in old dark grey. The upper wing is also supported by a couple of 1 x 2 x 2 black windows placed back to back in front of the cockpit, which from the perspective of the pilot really can’t be good for visibility. The biplane has a three blade propeller and the tips of the blades are stickered prior to sliding the propeller on to a 6L axle protruding from the front of the fuselage where it’s held in place by an orange 2 x 2 brick with domed top. The last step is to attach a 1 x 4 x 2 bar to the top of the upper wing for the Wing Walker to hold on to and then we’re done with the biplane.

The final two minifigures are the Biplane Pilot and the intrepid Wing Walker. Both of these minifigures share the same white torso which is printed with a flight suit design overlaid with dark red and bright light orange flames plus a logo over the left breast. The torso design is superb and it can at present only be found in this set. Both minifigures are provided with a reddish brown aviator cap and dark bluish grey goggles, and the pilot (below left) also gets an alternative to this headgear in the form of medium dark flesh mid-length hair which has only ever appeared in five sets in this colour.