Finally, after 7 long years, the Terrafugia Transition Flying Car has made its first public flight at EAA AirVenture Oshkosh in Oshkosh, Wisconsin. Owners will be able to drive amidst normal street traffic from their garage to an airport where the wings can be deployed for take-off and flight within a range of 400 nmi (740 km; 460 mi). It will carry two people plus luggage and will operate on a single tank of regular unleaded gas. Continue reading for the video.

It’s been under development for seven years, including flight testing last year, but underwent a number of modifications this year in an effort to improve handling.

The TerraFugia Transition is currently priced at US$279,000 but no delivery date has been announced. The company sees it as a way for private pilots to cover that “last mile” between a small airport and their destination without using a taxi of hauling along a motor scooter.

[Source]