Microsoft anounces Flight! Will it be also a simulator?

At Gamescom 2010 Microsoft anounced they are working on Flight, a new  game inspired by its old flight simulator series, which is in development since the beginning of the year.

As there are no details other that the official anouncement and a  short trailer video we are all wondering if this is going to be only a flight game or a true simulator. Microsoft has launched also a page dedicated to the new game, it can be found at the address: http://www.microsoft.com/games/flight/