Just traded in my physical copy of the base game for $28 at EB Games and then got this Deluxe (digital) Edition for the same price.
This is a great sim, especially in PSVR mode.
Deluxe edition includes:
the full ACE COMBAT™ 7: SKIES UNKNOWN game and six additional content packs eligible to the Season Pass (Googling it, it looks like 3 extra planes and 3 extra locations).
Deluxe Edition Bonus:
- 8 emblems (Aquila, Aquila: Low Vis., Wardog, Wardog: Low Vis., Garuda, Garuda: Low Vis., Gryphus, Gryphus: Low Vis.)