People complain that we still don’t have flying cars, but that’s not entirely true. There’s the Terrafugia Transition, but it looks like a piece of crap — a plane that we’re supposed to believe is car. Thankfully we now have the Aeromobil Roadable Aircraft — a sexy Slovak-designed car that just made its first flight.

The Aeromobil, which was designed by Štefan Klein and Juraj Vaculik, is the third iteration of their “roadable aircraft.” Klein has spent the better part of 20 years working on this project, and it’s really starting to come together. Check out its inaugural flight:

The Aeromobil can accommodate existing infrastructure, such as standard roads and parking spaces. Its engine can be fueled at any gas station.

It uses a 100 hp Rotax 912 water cooled engine that’s linked to both the rear mounted propeller and the front wheels for standard street driving.

It’s extremely light owing to its minimalist carbon coated steel structure, weighing in at 908 lbs (450 kg) when empty.

On the ground it can zip around at a respectable 100 mph (160 km/hr), and in the air at 124 mph (200 km/hr). It has a projected range of 430 miles (700 km) in the air and 310 miles (500 km) on the ground.

Via Visual News via Gizmag | Images: Aeromobil

Related: A treasury of Flying Cars | Terrafugia's TF-X