Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Malaysia-based Capital A, announced Friday that it has secured a $100 million financing facility from QNB Group, a financial institutions in the Middle East and Africa, to accelerate its expansion.

The financing is reflecting strong confidence in the company’s proven track record, accelerating growth trajectory, and long-term expansion potential, ADE said in a statement.

The financing will support ADE’s continued expansion and capacity growth, as it scales its capabilities and strengthens its position as one of the region’s fastest-growing MRO providers.

The additional capacity is expected to enhance ADE’s ability to serve a growing portfolio of airline customers, while supporting its long-term anchor customer, the AirAsia Group.

“This (financing) reflects our financial track record, disciplined execution, and clear growth strategy. In just five years, ADE has completed more than 300 C-checks, demonstrating the scale and consistency of our capabilities,

“These funds will accelerate our expansion plans, invest in additional capacity to meet the strong and growing demand for MRO services, and strengthen our ability to deliver efficient, world-class maintenance that minimizes downtime and maximizes performance for our airline customers,” said Mahesh Kumar, Chief Executive Officer of ADE.

Tony Fernandes, Chief Executive Officer of Capital A said he is confident that ADE will move faster, expand further, and seize the huge opportunities in the MRO space, ultimately turning into a regional powerhouse.

“What started as an internal engineering capability serving AirAsia has now evolved into a fast-rising aviation services business supporting multiple global airlines, including customers like Air France, and attracting serious institutional support,” he added.

Commenting on this landmark deal, Khalid Ahmed Al-Sada, Senior Executive Vice President – Group Corporate and Institutional Banking of QNB Group, said this successful financing reflects QNB Group’s strong track record of international financing arrangements.

“This is another step forward to actively support aircraft MRO financing and airspace growth in the Asian market, broadening QNB’s international footprint, supported by its vision to become a leading bank in MEASEA while maintaining dominant market leadership,” he added.

ADE offers end-to-end engineering and maintenance solutions across the region.

Its line maintenance network spans 20 airports across ASEAN, supported by base maintenance capability of up to 16 lines, alongside a range of specialized workshops in Kuala Lumpur.

ADE said it continues to drive digital and innovation-led transformation through its proprietary platforms, AEROTRADE and ELEVADE, which are reshaping aircraft parts procurement and enabling comprehensive aircraft health management across Asia.

ADE has earned recognition as an Approved Maintenance Organization (AMO) in 18 countries, alongside achieving EASA Part 145 Maintenance Organization Approval from the European Union Aviation Safety Agency (EASA) and FAA certification from the U.S. Federal Aviation Administration.

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