Slovakia - based manufacturer AeroMobil has unveiled its flying prototype at Top Marques Monaco . The AeroMobil Flying Car , available to buy for around $ 1 million , has retractable wings for when it is parked on land and can convert to flight mode in less than three minutes . Anyone splashing out on the vehicle would need a pilot 's licence and access to a hangar or another suitable location for take - off . AeroMobil plans to manufacture 500 models , with deliveries expected to begin around 2020 .
Slovakia-based manufacturer AeroMobil has unveiled its flying car at Top Marques Monaco. The AeroMobil Flying Car, available to buy for around $1m, has retractable wings for when it is driven on roads and can convert to flight mode in less than three minutes. Anyone splashing out on the vehicle would need a pilot's licence and access to a runaway or another approved location for take-off. AeroMobil aims to manufacture 500 models, with deliveries expected to begin around 2020.