Wow, that's really impressive!

I like how the camera swoops in for the first time, evens out and then follows the plane. The lighting also looks really nice as it reflects of off the cockpit and such. The sun flare is a nice touch as well.

I watched it several times to look for the ME & water issue that you mentioned, but I was hardpressed to see what you meant. There is a slightly darker blue line as the water meets the sky, but it's hardy noticable, especially when you watch the clip for the first time.