Conception introduced for performing powered flight of aircraft by performing work against gravity force, using gliding wing as steady support, namely “flying elevator” conception, and aircraft developed, based on cyclorotor scheme with elaborated steering solution, continuing in flexible handling and control. Said aircraft correctly and optimally implements said conception after presented detailed modeling, simulation and analyzing, having ability for flight with exceptionally high propulsion efficiency, moderate lift to drag ratio and short takeoff and landing. Additionally, it has ability for recuperative descent and deceleration, utilizing direct driving from high torque electrical engines, which can optionally hybridized with combustion engine, and covers speed range up to limits of subsonic flight.