I have been sitting here and marveling - wondering how you pulled this off. I will look forward to coming back after the votes are in - I hope you will explain how you did it. This is a fun, quirky take on a classic answer to the "Paper" theme. Well done!
The lighting on the dog is pretty drab, but otherwise excellent shot! If you could blow the cape up with a fan or fishing line it would be better, but I can imagine even getting the dog to cooperate with this was difficult. Did you clone out the wires or stands? I don't see any trace of support. I do see a little sharpening halo on the tip of the airplane.
Something tells me that this might not be advanced editing legal - I do hope it is, as it just so funny! The expressionon the dog's face is classic. Nice one!