How soon will we have flying cars?

Terrafugia, a company that manufactures "roadable aircrafts," scores government approval to make vehicles of the future a reality

Terrafugia's Transition vehicle lands after its first flight in 2009: The first few Transition "roadable aircraft" could be available as soon as 2012.
(Image credit: Terrafugia)

In 1989's Back to the Future Part II, Michael J. Fox travels in a DeLorean to the year 2015, when flying cars and hoverboards are the norm. Now, in 2011, that sci-fi fantasy is looking like it could one day be a reality... sort of. Terrafugia, the company that developed the Transition flying car, is one step closer to making its futuristic product available to the public. How does the Transition work, and when might it hit the market? Here, a brief guide:

There's really a car that can fly?

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