16 hours usage and 61 hours standby time isn't possible. It just isn't going to happen, airplane mode or not. Never mind with 31% battery left.
Either the phone is reading it very wrong, or you've had it plugged in.
Charged my phone overnight lastnight, unplugged it about 7am ish. So far i'm showing
82%
Usage - 3 hours, 46 minutes
Standby - 13 hours, 42 minutes
I never have it in airplane mode, and very rarely plug it in to a pc - only charge it overnight or when its below 20%.
3g off, data off and location services off.
Its actually my work phone, don't really use it much lately. Received one call today which was less than 5 minutes. Receive text messages all day long from our as400 at work though.
Still on 5.01 until a JB is available for 5.1.