Here is a small Hong Kong Snoopy biplane probably made in the 1980s. It is mostly plastic, with die cast metal lower fuselage. There appears to be a "reverse color" version as well, with yellow wings and red body.
These small toys differ from the larger, more elaborate version from the 70s in that they have less metal components. They are all made in Hong Kong and marked marked "Aviva," the name of a California firm that dealt with Peanuts characters specifically.