A flying toy comprises a first wing and a second wing attached to and extending from opposite sides of a fuselage. There is a first propulsion unit, having a first motor and a first propeller system rotated by the first motor, mounted with the first wing; and a second propulsion unit, having a second motor and a second propeller system rotated by the second motor, mounted with the second wing. Each propulsion system has main blades and auxiliary blades which interact with each other. Each of two wings can be angled relative to horizontal independently. The toy can operate as a plane or helicopter.
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