Microsoft is preparing to get back into the flight simulator genre with Flight, a new game revealed prior to the the Gamescon trade show in Germany. A teaser video has been posted on the official Microsoft Flight site, and I've embedded it below for your viewing pleasure.
The site offers even fewer details than the video, which is to be expected considering that the official press release only announces the "internal development" of Microsoft Flight. The game itself is likely quite a ways off.
Microsoft has a long history of flight sims, having released the first Flight Simulator back in the early 80s. However, the series stalled with Flight Simulator X, which was released in 2006 and hasn't been refreshed since. Flight will reportedly bring a "new perspective" to the genre, and we can probably expect a strong social element to the game. In the press release, corporate VP of Microsoft Game Studios Phil Spencer says that the company is looking to "reinvent these iconic franchises with social, shared experiences." The other franchise to receive this treatment will be Age of Empires, which looks like it's going the MMO route.