Master of the Skies - Red Ace

Activate Cheat Mode:
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In the game create a extra Pilot named: Test 

Exit the game and open in your Red Ace game directory the file
character.ini. Once inside you will see a section which starts
with the new pilot name you created (Test). 

In this section you see a line: 

mission = xx 
set the mission level to 26. 

Save and exit the character.ini and start the game. Now you will
have an extra cheat menu in the goodies menu, were you can enable
the cheats.

Cheat mode (alternate):
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Successfully complete all twenty-five missions to unlock a special 
cheat mode. To enable the cheats, go to "Goodies" and click "Cheat 
Options". A list of cheats that can be checked off will appear.