Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, has obtained a US$100 million financing facility from QNB Group, a major banking institution in the Middle East and Africa. The company announced that the facility will be used to fund its ongoing expansion and increase capacity across the region.
ADE, originally established to service the AirAsia fleet, has been expanding into third-party MRO services and developing new maintenance capabilities. The financing from QNB is expected to support this growth strategy, including regional expansion and the scaling up of infrastructure and technical resources.
According to information released by the company and reported by multiple outlets, the funds will help ADE enhance its role in the regional MRO market as it targets additional airline and aviation customers beyond its parent group. The deal reflects continued capital investment into Southeast Asia’s aviation services sector as airlines and support providers position for longer-term traffic growth and fleet renewal.