The delta wing design, in which the wings are triangular, offer modern airplanes several advantages that enhance speed and maneuverability. The same concept can be applied on a much smaller scale to paper airplanes.
Step 1

Get a standard piece of printer paper (US Letter-8.5 by 11 inches, or A4 size).
Step 2

Fold and unfold the paper vertically and horizontally to form center creases.
Step 3

Fold the two top corners down to meet at the center of the paper, leaving a flat area at the top.
Step 4

Fold the top of the paper down to the center of the paper.
Step 5

Fold down top corners to meet at the center crease, this time leaving a point at the top.
Step 6

Fold the paper in half along the center crease.
Step 7

Draw a line 3/4 of an inch (1.9 cm) from the center fold.
Step 8

Fold wing down along line that was drawn. Repeat for other side.
Step 9

Fold wing tip up. Repeat for other side.
Step 10

Adjust the angles of the wings so it looks like the one shown.
Tips
- Make sure that all folds are carefully made.
- Use a light weight paper.
- When you throw it, throw it gently, pointed slightly upwards.
- Try putting a small paper clip on the nose.
- You can decorate it, but be careful as the plane may break.
Warnings
- The point of this plane can be sharp. Be careful when throwing the plane near other people.
- Don't throw it in class. You'll get into trouble and probably have to see the principal.