After a fashion, airplanes are toys. No, not all of them, because an Air Tractor earns its keep applying chemicals and Caravans haul skydivers and boxes. But if you own an old taildragger or a beater Cherokee, it's a recreational toy.
This is a companion discussion topic for the original entry at https://www.avweb.com/recent-updates/business-military/the-next-big-thing-in-toys