The airplane wheel grease consists of ethyl silicone oil as base oil 5-45 wt%, composite lithium and calcium soap thickener 3-25 wt%, graphite powder additive 2-20 wt%, phosphate ester additive 0.1-5.0 wt%, aromatic amine antioxidant additive 0.01-3.0 wt%, benzotriazole aliphatic amine as antirust additive 0.01-3.0 wt% and polyalpha olefin oil as base oil in the rest amount. Owing to adopting both ethyl silicone oil and polyalpha olefin oil as base oil, the grease has wide use temperature range as well as excellent mechanical stability, colloid stability, extreme pressure performance, oxidation stability, and antirust performance, and may meet the wide temperature range requirement of lubricating airplane wheels.