The only good Jet Sim game I ever played, that wasn't arcade type controls or anything, was MiG Alley for the PC. (It's obviously not Modern Jets) but flying an F-86 or MiG-15bis over MiG Alley is really fun. Specially when you've got all the patches and stuff for the game.
Oh, well I also forgot about MiG-29 Fulcrum. (Nice name for a flight sim, right.

) It's all about modern jets. But once again, it's for PC. It came out in about '98 I think. So if you have a decent computer, it shouldn't be hard to get the game to run. I think you can find it on Steam for fairly cheap? It's got all sorts of jets to fly.