Way back in 2007 we had already posted on the flying car, announced by Dutch company PAL-V, and in 2009 we posted about PAL-V finally demoing it and it didn’t fly.

Earlier this year [2009] Pal-V promised a demonstration of its technology, it disappointed the collected international press by showing a gyroscope and a Carver, but not the hybrid that everybody has been waiting for these past years.

And since third time’s the charm, here below is the video of the flying car, uploaded just yesterday. The PAL-V can be used in road traffic as well as in the air, offering a choice of driving or flying. It can reach speeds of up to 180 km/h on land and in the air, and should have a normal petrol version and biofuel version. I wonder about licenses, insurances, pundits, and the rest of the fallout, but one thing at a time.