Story ID: 
Aabar Boosts Its Investment in XOJet
By: Chad Trautvetter
Caption: Abu Dhabi-based investment firm Aabar Investments is investing a further $20 million in charter provider XOJet.
Word Count: 68
Abu Dhabi-based investment firm Aabar Investments is investing a further $20 million in charter provider XOJet. The move came just four months after XOJet secured $470 million in additional funding from a group led by TPG, a Fort Worth-based private equity firm, and Aabar. Meanwhile, Aabar and XOjet said they plan to form a joint venture in the UAE to provide aviation services in the Middle East and North Africa.