Terrafugia is set to launch its street legal aircraft Transition between the years 2015 and 2017. The estimated purchase price was announced to be US$ 194000. This price was updated in December 2011 to US$ 279000. In order to drive this light sport vehicle, the owner would be required to obtain a Sport Pilot or higher certificate. Sport Pilot certificate would require at least 20 hours of dual instruction and also clearing FAA exam which comprises both oral and practical examination. Owners can then drive on the street traffic from their homes to nearby airport where they can then take-off.
It is very understandable that due to the high price, only few people could be expected to sport this kind of a vehicle. Despite this,Transition is set to be launched in the upcoming New York Auto Show scheduled in April 2016 as was told by the CEO of Terrafugia Dr. Carl Dietrich.