Short delay, ejection charge blows booster off Starfighter, slip fit of some sort plays chute out from Starfighter and then slips free to inflate?Cool -- thanks for sharing.
As long as you cant the booster enough it should work in a scale model like this... Not sure about best way to attach and eject...
Timing ignition of both booster and Starfighter motors would be a fun and tricky enterprise.