It took me a moment to figure it out, but it is from the Japanese Headmasters series... as one of the Autobot Raiden Trains (which actually works for the 1% of current fans familiar with that Gen1 toy, which obviously didn't include me, as it ends up looking very similar to the original Train model... and if you think about it, the jet mode also makes a little sense, as the Raiden trains in the cartoon were the space transport for the Autobot... yeah, flying trains, try and rationalise that one).
Having it released with a "Daniel" (a recoloured PowerCore Combiner weapon) is a bit odd though. He may have been a significant member of the cartoon cast (like he was in the Hasbro post-movie cartoon, but more annoying ), but not paired to Raiden... he was paired to Wheelie. And the colours don't make sense either. There might be a reason for having him included, and in those colours, but it doesn't seem obvious to me yet.