Collateral is great, although it only came out a few years after the 90s ended (2004). Since then it seems Tom Cruise has mostly been making sequels to Mission Impossible and now Top Gun.
Maybe I'm overthinking it. I saw the first one as a kid and spent a lot of time doing dogfights with my toy planes since. The nostalgia hit me quite hard and it genuinely felt like a nice sequel which retained the macho 80s spirit of the original. I've never felt that with other modern movies.
That was the marketing line. There's CGI in almost every shot there are aircraft on screen.
Low-CGI / practical effects is part of the Tom Cruise formula though. You go to his movies to see him do crazy things (with a requisite running scene). Kind of like OG Jackie Chan movies: you watch them for his stunts.