PETALING JAYA: Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) arm of Capital A Bhd, has secured a US$100 million financing facility from Qatar National Bank (QNB) Group to support its regional expansion and capacity growth.
ADE said the financing would be used to expand its maintenance capabilities and strengthen its position as one of the region’s fastest-growing MRO providers, amid rising demand for aircraft maintenance services.
CEO Mahesh Kumar said the funding reflected confidence in ADE’s financial track record, operational execution and growth strategy.
“In just five years, ADE has completed more than 300 C-checks, demonstrating the scale and consistency of our capabilities,” he said in a statement.
Mahesh said the funds would accelerate ADE’s expansion plans, support investments in additional capacity and enhance its ability to deliver efficient maintenance services for airline customers.
Capital A CEO Tony Fernandes said ADE had evolved from an internal engineering unit serving AirAsia into a growing aviation services business supporting multiple global airlines, including Air France.
He said the financing underscored ADE’s growth potential in the regional MRO market.
QNB Group senior executive vice-president for group corporate and institutional banking Khalid Ahmed Al-Sada said the financing reflected the bank’s commitment to supporting the aviation MRO sector and expanding its footprint in Asia.
ADE currently operates line maintenance services across 20 airports in Asean, supported by base maintenance facilities with up to 16 maintenance lines and specialised workshops in Kuala Lumpur.
The company is also approved as a maintenance organisation in 18 countries and holds certifications from the European Union Aviation Safety Agency (EASA) and the US Federal Aviation Administration (FAA).
