No videos I'm afraid, so I'll have to describe it.
Start a campaign as RFC 24, or I imagine any of the early Airco users. I'm in July 1916. Accept a mission to escort B.E. 2cs, then let the AI pilot try to do its thing.
The Airco is much faster than the Bee - yet it seems to need this speed to maintain lift. The AI's answer is to weave back and forth like a snake. Climb slightly at full power, drop power and drop off to the right, back to full power, drop off to the left, and so forth.
Perhaps this is the way it was done, but the end result is my wingmates keep colliding. The first two times there were six or seven of us in V formation. The last time there were three, and I tried a straight front-to-back ('I') formation. No difference.
I'd suggest either something needs to be done for the AI to help it maintain lift and formation, or the formation REALLY needs to spread out when the AI has to weave.