To overcome the extreme friction of the skid, the extreme lack of lift at low speeds and even lack of ground speed in the game with as weak an engine as this I have deviced a double throttle system.
1. When taking of use the Turbo Boost (X/Disabled steering) to use the full power of the engine.
2. Once you're airborne turn this OFF! The power needed to get the plane in the air makes it go 800+ kph if you leave this on, and it's not realistic (duh!) nor is the plane designed or trimmed to go that fast. But feel free to have fun with it of course. :)
3. This soultion makes you fly with the engine maxing out at about 3,400 rpm, but it's a lot better than cutting the engine out completely IMO.