Icon Aircraft has unveiled a new light-weight, 2-seater, foldable plane that could make personal aviation more affordable.

The small size of the folded aircraft means the expense of renting a hangar is no longer necessary. The plane can be towed back to your house, like you might a small boat.

The plane can achieve a maximum speed of 138 MPH and can be customised for water landing. It is powered by a rear-facing, reciprocating engine tucked away behind the wings. The maximum takeoff weight is 1,320 pounds or 1,430 pounds for seaplanes.

The controls are designed to make it easy for car drivers to operate.

The estimated price is $139,000 with standard equipment and you can purchase it online with a $5,000 deposit. First deliveries are expected in late 2010.

Source:
IconAircraft