Flying car aims to take wing in the commercial marketThe history of the flying-car genre is fraught with flops, but Terrafugia Inc. hopes its Transition model is safe and simple enough for today's consumers.By W.J. Hennigan, Los Angeles Times
The Jetsons had one, and Fred MacMurray flew one in "Flubber." Novelist Ian Fleming included one in his children's book "Chitty Chitty Bang Bang." James Bond's nemesis Francisco Scaramanga used one as a getaway vehicle in the film "The Man With the Golden Gun."
Now, a Massachusetts company hopes to commercially market a flying car — although "driving plane" might be a more accurate description.
At last week's New York International Auto Show, Terrafugia Inc. of Woburn, Mass., unveiled the Transition, a two-seat aircraft with foldable wings. Pending regulatory approvals — which by no means are assured — the company plans to sell the contraption by 2013 for $279,000.
"You can pull out of your garage, fill up with 91 octane at a gas station, drive to the nearest airport, unfold your wings, perform a preflight check and take off," said Terrafugia Chief Executive Carl Dietrich.
So far, he said, about 100 people have put down $10,000 deposits to be among the first buyers.
The idea of a flying car may seem like a pipe dream, but the company says modern technology, such as GPS devices, air bags and high-strength composite material, has made the Transition safer for the consumer. The company even offers a vehicle parachute system.
Terrafugia is an aerospace company founded by pilots and engineers from MIT. The company name is Latin for "escape the earth." Terrafugia now has 24 employees...
http://www.latimes.com/business/la-fi-flying-car-20120420,0,1400246.story