Detailed text transcripts for TV channel - CNN - 20100703:15:23:00
Future istic shows? >> what we are going to see is this flying car created by a company called terrafugia. the federal aviation administration has given it an exemption for its weight allowing it to take off at 1,430 pounds. other planes are limited to a slightly lower weight. the reasons is it has a safety precaution. a protective safety cage, air boggs a bags and an energy absorbing crumple zone. it converts from a plane to a car in about the same time it takes you to put down the top of a convertible. the cost, $194,000. the fact that the government has taken this step forward doesn't mean ...