Yes, "airplane" is the correct spelling in American English, while "aeroplane" is the British English variant. In the context of the movie "Airplane!", the title uses the American spelling, which fits the comedic and satirical tone of the film. Released in 1980, "Airplane!" is a parody of the disaster film genre, particularly the 1957 Paramount film "Zero Hour!" It features a mix of slapstick humor, puns, and visual gags, making it a classic in comedy cinema.

"Airplane!" is a parody of the 1957 Paramount film "Zero Hour!" which is a serious disaster movie centered around an in-flight crisis. The parody takes the plot of "Zero Hour!" and amplifies its elements for comedic effect, incorporating absurd humor, visual gags, and wordplay. It also draws inspiration from other disaster films, particularly the 1970s "Airport" series, further blending various tropes and clichés of the genre to create a unique comedic experience that has become a classic in its own right.

In the movie "Airplane!", Kareem Abdul-Jabbar plays a fictionalized version of himself, serving as a co-pilot on the flight. His character is on the plane to fulfill his duties while also trying to avoid being recognized by fans, particularly a young boy who idolizes him. The film humorously includes his presence as part of its absurd and comedic premise, blending sports culture with the film's parody of disaster movie tropes.

In the movie "Airplane!" the $700,000 plane refers to the fictional aircraft, a Boeing 707, that the characters are aboard. The film, a comedy released in 1980, parodies disaster films and features a series of absurd situations aboard this airliner. The mention of the $700,000 price tag humorously contrasts with the chaos and the seriousness of the emergency on the plane, highlighting the film's satirical tone. The budget also reflects the era's value for aircraft, adding to the film's comedic exaggeration.