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Hi-tech superyacht can really fly

Need to get your superyacht from the crystal-blue waters of the Caribbean to the glamorous Mediterranean in a hurry? Not a problem when your luxury vessel transforms into a sleek jet at the click of a button.

That's idea behind a French aviation architect's design for his flying yacht design.

But while the idea might seem far-fetched, the designer says a number of engineers and aircraft designers have approached him to talk about realizing his concept.

Click here for the full report with a slideshow of the design.