In this paper, we study two problems related to planar matchings in random bipartite graphs. First, we colour each edge of the complete bipartite graph $K_{n,n}$ uniformly randomly from amongst ${r}$ colours and show that if ${r}$ grows linearly with ${n}$ then the maximum rainbow matching is a non-trivial fraction of ${r}$ with high probability, i.e. with probability converging to one as ${n \rightarrow \infty}$ Next we consider planar matchings in a dependent setting where each vertex is forced to choose exactly one neighbour from amongst all possible choices. We obtain estimates for the largest size of a planar matching and also discuss the implication of our results to longest increasing subsequences in enlarged random permutations.