In 1934, the Bureau of Air Commerce recognized the Waterman Arrowplane as one of the two award-winning designs for its flivver (i.e., light, easy-to-fly and affordable) aircraft competition. Waldo Waterman's improved Arrowplane, the Aerobile #6, fulfilled his dream of designing a tailless roadable airplane. The Aerobile was a two-place, high-wing, cabin monoplane with a transmission drive system that operated the propeller in the air and the rear wheels on the ground. tTe experimental Airphibian never went into production.

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