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Beginning with footage from Hare Lift, Yosemite Sam robs the Last National Bank in town and erases the assets (leaving only 8 cents). The bank manager presses the button which sets off the alarm and alerts the police. Sam jumps into his car and drives off to the airport with plans to hijack a plane to another country, where the police will not find him. The airport happens to be having an aircraft surplus sale and Bugs Bunny is taking a look at the biggest airplane on the lot. Bugs gets into the cockpit and starts pretending to be a pilot. Sam boards the plane and, orders Bugs, at gunpoint, to take off. Before Bugs can protest that he is not a pilot, Sam threatens to blow his head off. Bugs finds the starter right away, and as the plane goes down the highway, Bugs makes the plane go straight up to avoid a collision with a skyscraper, and straight down to avoid a collision with the moon, causing Sam, at both times, to fall to the tail and the nose. In the cockpit, Bugs is reading a "Learn To Fly" book. Then a "robot pilot" is activated, but the robot grabs one of the two parachutes on board and jumps out of the plane. With just one parachute left, Bugs decides that they will have to draw straws to see who gets the parachute; Sam agrees—while Bugs draws straws, Sam will take the parachute.
