Terrafugia flying car costs $279000, already has 100 pre-orders

This week at the New  York Auto Show a company called Terrafugia will debut a street-legal airplane. A flying car, so to speak.
Called the Transition, the fold-up vehicle will fly 100 miles per hour and has a range of nearly 500 miles. On the road it gets 35 miles per gallon using premium unleaded gasoline. It’s not quite the flying car of Jetsons fame, but it’s the closest thing on the market so far.
“This is what we can do today with existing technology inside the existing regulatory structure that we have and the physical infrastructure with airports and air space,” Terrafugia CEO Carl Dietrich says. “It’s something that actually works.”
US company Terrafugia has variously labeled its Transition model as a “roadable aircraft” and a “street-legal airplane”, perhaps in a quest to............
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