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Dont stress – it is as good as new paint. Speed tape is an aluminium pressure-sensitive tape used to perform minor repairs on aircraft and racing cars. It is used as a temporary repair material until a more permanent repair can be carried out. It has an appearance similar to duct tape, for which it is sometimes mistaken, but its adhesive is capable of sticking on an airplane fuselage or wing at high speeds, hence the name.
Depending on the adhesive layer used, it can be resistant to water and solvents, flames for brief periods, and will reflect heat and UV light. It is also able to expand and contract through a wide range of temperatures.
Source – Airline Secret Exposed Facebook Page