SEO Title
California Charter Firm Secures New Funding
Subtitle
XOJet has secured $470 million in additional financing, including $100 million in equity and a “more flexible debt facility” of $370 million that allows fo
Subject Area
Business Aviation
Channel
Charter & Fractional
Teaser Text
XOJet has secured $470 million in additional financing, including $100 million in equity and a “more flexible debt facility” of $370 million that allows fo
Content Body

XOJet has secured $470 million in additional financing, including $100 million in equity and a “more flexible debt facility” of $370 million that allows for the purchase of either new or used aircraft. The financing was led by TPG, a Fort Worth-based private equity firm, and Aabar, an Abu Dhabi-based investment firm. XOJet plans to use the additional capital to expand its charter aircraft operations.

Expert Opinion
False
Ads Enabled
True
Writer(s) - Credited
Chad Trautvetter
Content Label
Charter & Fractional
Publication Date (intermediate)
AIN Publication Date
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