Let me see...First of all, i use a grey (R: 128, G: 125, B: 128) for starters. I make the background the same color and have the all grey (no detail) in a seperate layer.
Then i add the shades in one layer and the basic highlights in a different layer. In order to make a more "metal-like" finish, i add the brightest highlights in a seperate layer, in order to make a justments to opacity and the shape of the highlights.
In the progress above i frequently remove the "no-detail profile" below the shadings/highlight. I do this to see if the shades and highlights can define the shape of the aircraft without the aid of the profiles below.
Once i´m happy with the result, i alter the background color to white and then black. The white i use to evaluate the consistency of the shades, and the black to evaluate the consistency of the highlights.
The last thing i do is to add a random color to the background just to see if the shade works with colors and not only greyscale tones.
I hoep this answers yoru questioon. There´re many details i have left out of this description, but please feel free to ask if you want to know more !