ADE Secures USD100 Million Financing From QNB Group To Accelerate Expansion and Strengthen Regional MRO Leadership
Appreciation from ADE Allstars at the ADE MRO Hangar to QNB for their trust and partnership
KUALA LUMPUR / DOHA, 22 MAY 2026 – Asia Digital Engineering (ADE), the Maintenance, Repair and Overhaul (MRO) subsidiary of Capital A, announced today that it has secured a USD100 million financing facility from QNB Group, one of the leading financial institutions in the Middle East and Africa, reflecting strong confidence in the company’s proven track record, accelerating growth trajectory, and long-term expansion potential.
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.
Mahesh Kumar, Chief Executive Officer of ADE said, “We are proud to have earned the trust and support of a leading international bank such as QNB, and we sincerely appreciate their confidence in ADE. This 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 minimises downtime and maximises performance for our airline customers.”
Tony Fernandes, CEO of Capital A said, “This is a testament to what ADE has become, and I’m incredibly proud. 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. I’m confident ADE will move even faster, expand further, and seize the huge opportunities in the MRO space, ultimately turning into a regional powerhouse.”
Commenting on this landmark deal, Mr. 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 Maintenance, Repair, and Overhaul (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.”
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 specialised workshops in Kuala Lumpur. At its core, ADE 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 Organisation (AMO) in 18 countries, alongside achieving EASA Part 145 Maintenance Organisation Approval from the European Union Aviation Safety Agency (EASA) and FAA certification from the U.S. Federal Aviation Administration.
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About ADE
Founded in September 2020, ADE is a wholly-owned subsidiary of Capital A Berhad, headquartered in Kuala Lumpur, Malaysia. Leveraging AirAsia’s Engineering Department’s best practices and extensive regional experience of over 20 years, ADE offers a comprehensive range of aircraft and engineering services. ADE upholds the highest standards in professional integrity, quality, reliability, efficiency, and safety for all our customers at all times.
ADE currently operates a total of 16 MRO lines, With digital and innovation at its core, ADE has introduced the innovative digital solutions AEROTRADE and ELEVADE, transforming aircraft parts procurement and comprehensive aircraft health management across Asia. These platforms streamline operations, enhance efficiency, and set a new benchmark in digital aviation solutions, driving exceptional performance in the industry. Follow ADE on LinkedIn.
Media Queries: Aziz Laikar | azizlaikar@ade.aero | +60123669745
About QNB Group
QNB Group is a leading financial institution in the Middle East and Africa, operating a diversified international banking platform across more than 28 countries and serving millions of customers worldwide. With a strong foundation in Qatar and the GCC, the Group supports corporates, institutions, and individuals through an extensive global network.
