Anyone asking “Where’s my flying car?” in 2011, can look to Woburn, Mass., and start-up company Terrafugia, which plans to fly, certify and begin deliveries of its Transition roadable aircraft by year-end. The two-seat Transition, expected to sell for $200,000-250,000, must meet both light-sport aircraft and highway safety rules and will have a lightweight composite structure with a crush zone and safety cage, airbags and whole-aircraft parachute. The wing fold operates from inside the ...

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