Get ready for traffic jams in the sky

WOBURN, Mass. (AP) - September 9, 2010

A company that says it's developing the first flying car expects to begin limited production as soon as the end of the year.

The Transition Roadable Aircraft has wings that foldback for highway travel.

The two-seater must use a runway to take off and land, though.

The Massachusetts company that makes the Transition has already accepted refundable $10,000 deposits for the first couple of years' of production.

The flying car is expected to sell for $200,000-250,000.

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