Sorry so late to report on this. I had a difficult time tracking down this video. Remember the cool wind up UFO toy I purchased on a Japan trip a few years ago? Mystery solved!
Turns out, it's a modified version of an older kit based on a a cartoon. Trying to find the name, Space Kid with squirrel. They Just added wings and an alien to the controls.
Other vids here...http://mandarake.co.jp/fun/takasugi-plamo/