It is a lot like this plane http://www.zurqui.com/crinfocus/paper/air-bld1.html but i think our version flies smoother and stalls less, it is also easier to make as there isn't the fiddly bit in the nose.
All you need is a sheet of paper and possibly scissors if you are not comfortable ripping straight
Step 1: Making the body
next fold the first crease to make the shape shown in the third picture, fold the right tip down and fold up the flap as before.
Step 2: Creating the Nose
Step 3: Finishing the Nose
Step 4: Making the tail
Step 5: Folding the Tail
Step 6: Finishing Off
A useful tip: don't make the wings parallel to the bottom of the plane, angle them up slightly, so the front of the fold is higher than the back by a few millimetres, this will make it fly better and longer
Step 7: And FInally...
You can use this plane to perform tricks like flying round in circles and back into yur hand or make it do loops, if you take the tail out and slide this plane (http://www.instructables.com/id/toss-it-paper-airplane/ ) under instead it look really cool and will fly even in quite strong winds. you could also try folding the wing tips up to give more control.