A novel flight dynamics-based model for a nonlinear aircraft tracking filter is proposed. The point mass flight dynamics (PMFD) model proposed in a previous study is elaborated. This study details the case for which the estimation of the state variables is essentially needed but the estimation of the target-dependent control variables is not. The present model, the regulated PMFD (RPMFD), adopts the target-independent control variables instead of the target-dependent variables. In other words, angle of attack and normalized thrust, which are treated as states with random processes in the original PMFD model, are replaced with normal and longitudinal load factors, respectively. The replacement of the target-dependent variables with the target-independent ones enables the unknown aircraft parameters to be removed from the dynamic model. The simulation indicates that RPMFD, which has an advantage of not requiring the unknown parameters, results in the same tracking performance as PMFD. This is because both are basically the same when viewed through implementation of the attitude effects on translational acceleration.