The purpose of the paper is to demonstrate the effectiveness of the matched asymptotic expansions (MAE) method for the planing flow problem. The matched asymptotics, taking into account the flow nonlinearities in those regions where they are most pronounced (i.e. in the vicinity of the edges), are shown to significantly extend the range where the linear theory gives good results. Two model problems are used: the planing flat plate with a spoiler on the trailing edge and the curved planing foil. Asymptotic solutions obtained by the MAE method are compared with those obtained using linear and exact nonlinear theories. Based on the results, the asymptotic solution to the planing problem under the gravity is proposed.