An inflatable towable device capable of both being towed across a surface and to hover over the surface is disclosed. The device includes an inflatable frame and a wing surface that extends across the bottom surface of the inflatable frame. The inflatable frame is aerodynamically shaped to includes an elongated central section with seating surfaces for a rider that extends into wing sections that curve around to extend alongside the central section. The wing surface extends between the central section and the side wing sections to provide a lightweight wing structure that provides sufficient lift for the device when being towed to enable the device to hover above the surface for long distances.