Asia Digital Engineering (ADE), the MRO arm of Capital A, has secured a US$100 million financing facility from QNB Group to support its continued expansion and capacity growth.
The funding will help ADE strengthen its position as one of Asia’s fastest-growing MRO providers, enabling it to scale operations, serve a growing portfolio of airline customers and continue supporting anchor customer AirAsia Group.
Asia Digital Engineering Chief Executive Mahesh Kumar said the financing reflects confidence in the company’s financial performance, operational discipline and growth strategy. He noted that ADE has completed more than 300 C-checks in five years and said the investment would boost capacity and support rising demand for efficient, high-quality maintenance services.
Capital A CEO Tony Fernandes described the deal as a milestone for ADE, highlighting its evolution from AirAsia’s in-house engineering unit into a rapidly expanding aviation services business serving global airlines, including Air France. He said the financing positions the company to become a major regional player in the MRO sector.
