If traveling like a Jetson has always been a dream of yours, you might be closer to your dream than you think.

A company called Terrafugia has successfully built a flying automobile…the Transition.  In the air the Transition looks like a small two-seater plane, but on the ground the wings can be folded in so that the vehicle is narrow enough to fit on regular roads.

Since the Transition is powered by unleaded jet fuel and requires a pilot’s license to fly, the device is technically classified as a “roadable aircraft.” The plane is not meant to be used as a car, but as a solution to hobby pilots that don’t want to pay for hanger space.  Once on the ground you can fold in your wings and drive home…keeping this little plane in the comfort of your homes garage.

The Transition’s cargo area is big enough to skis, fishing poles or golf clubs and has a flight range of 460 miles…so it is the perfect aircraft for short weekend trips. Terrafugia is now accepting fully refundable $10,000 deposits and they expect to deliver in 2010.  The cost of cruising the sky like a Jetson is anticipated to be  $194,000 and more information can be found at www.terrafugia.com