- Dillhoefer: Now, here's what we do. We put her up on the wing...
- Duke: And she'll fake being afraid...
- Dillhoefer: Right.
- Duke: And the wind will blow her clothes off!
- Dillhoefer: Yes! Yes!
- Waldo Pepper: Wait! Why would the wind blow her clothes off? When I'm wing-walking, the wind doesn't blow MY clothes off.
- Dillhoefer: Fool! Nobody wants to come and see YOU with YOUR clothes off!
- Ezra Stiles: It's gonna be a monoplane.
- Waldo Pepper: A monoplane. Are you telling me you're building me an airplane with only one wing?
- Ezra Stiles: Just thought you'd like to know: the biplane's gone the way of the Dodo.
- Waldo Pepper: [about to crash and burn] I let her fall! Watched her scream and lose her grip. And do you know why? Because I'm Waldo Pepper, that's why. The great Waldo Pepper! Now get out of my way - I'm flying so high not even the angels can catch me!
- Waldo Pepper: When you die and Saint Peter says to you, "Hey, when were you happiest down there?" You're gonna say, "Well, it was okay the day I got married, and I didn't much mind the day I first fell in love. But seein' the sky with the Great Waldo Pepper, that beats 'em all."