Abstract: A toy airplane launcher apparatus includes a toy airplane having an electric or rubberband motor for rotating a prop which is rotatably mounted to the airplane. The launcher has a guide rail which slidably carries a rear launcher section which is slidable into engagement with a front launcher section engaged to the front end of the guide rail. Two rubberbands are engaged between the front and rear launcher sections to hold them together and for biasing the rear launcher section toward the front launcher section when the two are separated from each other. The rear launcher section is engagable with the trigger and is either fixed to or detachably engaged with the airplane. When the trigger is moved, the rear launcher section moves quickly along the rail into engagement with the front launcher section. If the rear launcher section is fixed to the airplane, both front and rear launcher sections leave the rail and are launched along with the airplane.