Terrafugia "Flying Car" Makes First Flight

Jalopnik.com -- We're expecting more details out of a Terrafugia press conference at 9:30 AM this morning, but for the moment we're able to announce that the Transition, their first "roadable aircraft" (we're going to go ahead and call it a Jetsons-like "flying car"), took its official first flight on March 5th, 2009 at Plattsburgh International Airport. It's the first time we've seen an actually plausible "roadable aircraft" work in real life

What do we know about the Transition? Well, it's an unleaded-fueled front-wheel drive vehicle on the ground, It gets a fuel economy of around 30 MPG and has a top speed of 65 MPH. The design features an automotive-style entry and exit and it'll retail at a street price of $194,000 when it eventually goes on sale. But, you can reserve one now for just $10,000 at Terrafugia's website.

UPDATE: Terrafugia's just sent over the press release from this morning's press conference providing a few more details on the Transition. The most important? The two-seat aircraft is able to fly 450 miles at over 115 MPH and is designed to transform from plane to car in less than 30 seconds.

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