I found this paper airplane is a good one. It can fly far and fast and works pretty well with minimal need for calibration.
Step 1: Start With One A4 or US Letter Size Piece of Paper.
Step 2: Fold the Piece of Paper in Half So You Get the Diagram on the Right.
Step 3: Fold One Corner Down to the Centre Line.
Step 4: Repeat the Same Fold on the Other Side
Step 5: Unfold Along the Centre Line
Step 6: Fold Down So You Get Something Like This
Step 7: Refold Back Along the Centre Line, So You Have Something That Looks Like This.
It is important at this stage that you fold the right way. The triangular fold should be on the outside, not the inside.