There are different missing flight data due to various reasons in the process of acquisition and storage, especially in general aviation, which cause inconvenience for flight data analysis. Effectively explaining the relationship between flight data parameters and selecting a simple and effective method for fitting and correcting flight data suitable for engineering applications are the main points of the paper. Herein, a convenient and applicable approach of missing data correction and fitting based on the least squares polynomial method is introduced in this work. Firstly, the polynomial fitting model based on the least squares method is used to establish multi-order polynomial by existing flight data since the order of the least squares polynomial has a direct impact on the fitting effect. The order is too high or too small, over-fitting or deviation will occur, resulting in improper data. Therefore, the optimization and selection of the model order are significant for flight data correction and fitting. Because the flight data of the aircraft engine exhaust gas temperature (EGT) are often lost because of the immature detection technology, a series of the multi-order polynomial are established by the relationship of aircraft engine exhaust gas temperature and Revolutions Per Minute (RPM). Case study results confirm the optimal model order is four for the fitting and correction of aircraft engine exhaust temperature, and the least squares polynomial method is applicable and effective for EGT flight data correction and fitting based on RPM data.