In short the answer is yes. There was a fellow at the Windermere Regatta some years ago, with more money than sense I suspect, who had fitted a gas turbine engine into a power boat. It went quite well until it took off, literally, and landed upside down in the lake. It was then realised that the aerofoil that was fitted to the back of the boat was shaped like an aircraft wing rather than the reverse.
Haven't seen him since.
LB
Piccies will follow.