I recently ( 2018) bought some 8mm Cine films off eBay & this was amongst them.
This one shows the Central Flying School, Little Rissington team "The Red Pelicans" performing some of their Routine in their Jet Provost T5's.
I assume this is the 1972 Team since the blue jacket shown at 20s bears the name Lord. Capt R. Lord ( USAF ) was a member of both the 1972 & '73 Teams. Most of the other films are clearly from 1972.
Other films include :-Linton Blades ( 1972) , The Blue Chips (1972), The Macaws (1972), The Poachers, The Gemini Pair & The Red Arrows.
Unfortunately the films are without sound.