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Assuming that the types of reports you mention are not fabrications, misidentifications and all the rest, the theories below offer plausible explanations:

 

Giant craft are thought to be carriers ( mother ships ). If we're dealing with interstellar travelers that use a point A to point b approach over long periods of time, then a large self-sufficient craft makes sense for the transport of living beings. It also offers an explanation for the various smaller craft ( shuttles and probes ). Appearance and reappearance can be explained by instantaneous hypersonic acceleration/deceleration and/or active camouflage. The near misses with aircraft seem to indicate random encounters where the UFO's auto-navigation steers the craft around whatever happens to be in the UFO's flight path.

 

Cases where witnesses report substantially different perceptions from the same event are not frequent. The most likely explanations are errors in reporting and/or analysis and that the event was more complex than assumed. For example there may have been more than one craft, or the craft had the ability to change appearance ( active camouflage ). Other possibilities include some sort of neurological interference. Theories on neurological influence include natural or induced chemical or electromagnetic influence.


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