Is Sgt Madmax Fury (i dont know it from memory) on your friends list? He's a good pilot who i've flown with many a time and he did enjoy doing this kind of thing also. A few guys from his group in the 666th enjoy it to.... if they still fly?? Will have a word with him. Not seen him post on here to much recently.
It should be fun, as long as its done properly
One guy will land first and bring everyone in like the tower would, and he will let you know when your good to land/take off etc, though someone will need to act as the tower for when he wants to go up and do his display.
Best setting is also -
realistic (so external views are enabled)
limited ammo (for the benefit of anyone flying a bomber or a plane with turrets)
unlimited fuel (so we dont run dry)
Game mode, free for all (to avoid the red/blue markings on planes)