The AgustaWestland (now Leonardo) AW609, formerly the Bell/Agusta BA609, is a twin-engined tiltrotor VTOL aircraft with a configuration similar to that of the Bell Boeing V-22 Osprey. It is capable of landing vertically like a helicopter while having a range and speed in excess of conventional rotorcraft. The AW609 is aimed at the civil aviation market, in particular VIP customers and offshore oil and gas operators. Development Origins and program changes The BA609 drew on experience gained from Bell's earlier experimental tiltrotor, the XV-15. In 1996, Bell and Boeing had formed a partnership to develop a civil tiltrotor aircraft; however, in March 1998, it was announced that Boeing had pulled out of the project. In September 1998, it was announced that Agusta had become a partner in the development program. This led to the establishment of the Bell/Agusta Aerospace Company (BAAC), a joint venture between Bell Helicopter and AgustaWestland, to develop and manufacture the aircraft. The Italian government subsidized Agusta's development of a military tiltrotor, and as the AW609 has civilian aspects, the European Commission requires AgustaWestland to pay back progressive amounts per aircraft to the Italian state to avoid a distortion of competition. , Bell continues to perform contract work on the AW609 program while considering commercial potential for the bigger V-280 tiltrotor, where military production may reach larger numbers and hence reduce unit cost. However, in 2016, Bell preferred the 609 for commercial applications and kept the V-280 for military use only. Bell also stated that conventional helicopters were not part of Bell's future for military customers. The aircraft's purpose is to take off and land vertically, but fly faster than a helicopter. Over 45 different aircraft have flown proving VTOL and STOL capabilities, of which the V-22, Harrier "jump jet" family, Yakovlev Yak-38 and Lockheed Martin F-35 Lightning II jets have proceeded to production. By 2008, Bell had estimated that very light jets and large offshore helicopters like the Sikorsky S-92 had reduced the potential market for tiltrotors. Also in 2008, it was reported that limited funding of the program by both Bell and AgustaWestland had resulted in slow flight testing progress. On 21 September 2009, AgustaWestland chief executive Giuseppe Orsi said that corporate parent Finmeccanica had authorised buying Bell Helicopter out of the program to speed it up, as Bell was dissatisfied with the commercial prospects and wanted to spend the resources on other programs. In