Though not as fast as Banshees, Hornets are stronger, tougher, and somewhat easier to maneuver. Hornets on Avalanche do not have missile launchers, presumably for balance reasons. Sandbox has both normal Hornets as well as two under the name "Hornet, Transport" (see below) which work like those on Avalanche.
Found on Sandbox in addition to regular Hornets, these have no missile launcher and a slightly lighter paint job. Work the same as the only Hornets found on Avalanche.