Car that can fly? No. Plane that can drive? Yes
The FAA has allowed a small weight exception for the The Transition Roadable Aircraft, developed by Massachusetts-based engineering firm Terrafugia. Basically, this allows it to be 1,430lbs instead of 1,320lbs and still be classified as a light sports aircraft. This is not that big an exception, as seaplane light sports aircraft are also given this limit - so going on the road = going on the ocean more or less. This thing, much as reports would like you to read it that way, is not a flying car. It is a plane that you might be able to drive on the road (not sure what kind of exceptions it is going to need for that - no way it will pass passenger car safety tests). It will however go about 70mph on the roads - which is not bad. However, at about $200,000 this is not going to be flight for the masses just yet. Actually, what interests me more than a $200,000 plane which you can drive to your private airstrip is just how interested people are in the ...