No, Not A 747 With Huge Bumpers.

Of course that'd be badass, to have your jet lowered and riced out with a green tinge seeping from the undercarriage. Maybe you could even throw some hydraulics in there for when you're pimpin at the airport. But that's not what we're discussing; we want 'ground effects' as in aerodynamic ground effect lift for planes. Damn interesting has a nice explanation of WIG prototypes in history and details about Boeing's plans for a hybrid WIG plane. Apparently it needs to be a hybrid cause when using ground effect planes have a maximum altitude of about 20 ft.

Damn Interesting » Ground Effect Vehicles