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The FAA's granted the Terrafugia Transition roadable airplane the exemption it needs to bring us closer to our dream of flying cars. The Terrafugia's been the best hope for a flying car since it made its maiden voyage last March. The vehicle is a two-seater plane powered by regular unleaded gas from your corner Shell station. When flown, the front propeller allows the Transition to travel at a speed of approximately 115 mph for a range of around 450 miles. According to Terrafugia, the plane can then be transitioned from aircraft into roadgoing vehicle in just 30 seconds with the same fuel source powering the front wheels of the aircraft. It can hit a speed of around 65 mph on the road and returns fuel economy of around 30 mpg. http://jalopnik.com/5575383/terrafugia-flying-car-gets-faa-approval added by: Sexirobot