nope once its byegone its byegone (or momentarily gone if you u run for the thing).
actually, the plane usually is out of range when its so far away u dont see i anymore, so u can decide whether to hop on ur and start chasing it down or report a fugitive model airplane has crashed and u wnna know where the wreckage is.
in case its a battery fail, there are failsafe systems that include a spare 270mAh+ battery with an extra switch harness a loBat warning light(VERY Bright un) a scarily loud beeping alrm for loBat and/or crashed and lost plane that activates a minute after there havent been any input to the Rx(this is also useful when u forget to turn off the receiver.