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"Roadable Aircraft" Moving Towards Launch

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Old Oct 19, 2008, 07:30pm Default "Roadable Aircraft" Moving Towards Launch
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We discussed Terrafugia's plans for what they don't like to call a "flying car" — rather a "roadable aircraft" — last spring. The Boston Globe has an update on Massachusetts-based Terrafugia and its fight to get airborne in these parlous times. "The last serious attempt to bring a car-airplane hybrid to market was the Aerocar, in 1949. According to Carl Dietrich, chief executive of Terrafugia, that company built six prototypes. It needed 500 orders in order to gear up for mass production, but it never got there... 'It can be hard to explain the value of this to non-pilots,' Dietrich says, 'but when you're a pilot, the problems of high costs, limited mobility on the ground, and weather sensitivity are in your face, all the time.' The company says more than 50 of the vehicles have been pre-ordered. The target price is $198,000."

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