Owning an Airplane Made Easy, still Not a Private Jet

An idea that we have all dreamed about and seen in movies may actually be coming to reality. Beginning next year, cars will finally have wings. Terrafugia, based in Woburn, Mass., plans to deliver its car-plane by the end of 2011. The company has been working with the FAA and the National Highway Traffic Safety Administration to meet all vehicle and aircraft safety regulations. Priced at $194,000, Terrafugia has more than 70 orders with deposits. This may indeed be the next step to personal aviation.  No word yet on private jet – car hybrids, though. Check out the video and link below:
 
[Link] http://www.msnbc.msn.com/id/38058867/ns/business-autos/
 

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