In a first, NRG businessman buys flying car

Ahmedabad: In 2008, NRG businessman Subhash Shihora has become the first Indian to buy the world's first commercial flying car called 'Transition' from a company in Massachusetts, US.
Shihora now wants the car to be parked at his farmhouse off SG Road in Ahmedabad. But he fears getting permission may not be easy. He will need clearances from not just aviation agencies, but security agencies as well and has already started talking to officials.
"I fly down to Ahmedabad at least six times a year and then fly to Mumbai and Rajkot. I had taken a test drive of the flying car. By pressing just one button, the car turns into an aircraft. I have started taking flying lessons to get the licence," says Shihora.
The car, designed with foldable wings, successfully completed its first flight on March 5, 2009 and recently got clearance from the US Department of Transportation's Federal Aviation Administration. The two-seater vehicle falls in the light aircraft category and requires a private pilot licence to fly it. The vehicle, which is big enough to fit into a home garage and runs on unleaded petrol, can travel up to 450 miles and can fly at 115 mph.
"With all taxes and duties paid, the car will cost me around Rs 6 crore in Ahmedabad," says Shihora.
09/05/11 Times of India

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Categories: Foreign May 2011, New May 2011