It's a rather widespread practice for pilots (and by extension drivers and ship captains) a personal or affectionate name for their planes or respective vehicles.

If you have to chance to give your plane a personal name, what would it be and why?

Since I'm the thread starter, I would either go with Fenice or Aguila.

Fenice is Italian for Phoenix in reference to our in-game ability of getting shot down and flying up again to recover.

Aguila is Filipino (or Spanish, depending on which Spanish-influenced are you're from) for Eagle.