According to the date on News Today's final issue hanging in the news stand near the beginning of the movie, the film takes place around March 24, 2021.
When Dodge's dad's plane flies away the lights are shown as red on the left and green on the right. The red and green navigation lights for boats and aircraft only shine forward. There is a single white light you see if you are looking at a boat or airplane that is facing away from you. The only way you could see the red light on the left and green on the right is if the plane was flying toward you and it was inverted (upside down). There is also a red light in the middle which is supposed to be the rotating beacon. The rotating beacon is steady (not blinking as it rotates around), but you could argue that it is just broken.
Radio Announcer: ...Once again, if you're just tuning in, the C.S.A. space shuttle Deliverance has been destroyed. The final mission to save mankind has failed. The seventy mile wide asteroid known commonly as Matilda is set to collide with Earth in exactly three weeks time, and we'll be bringing you up-to-the-minute coverage of our countdown to the 'End of Days', along with *all* your classic rock favorites. This is Q107.2.