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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 Asia Digital Engineering (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. 

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.

Media Queries: ADE : Aziz Laikar | azizlaikar@ade.aero | +60123669745

Miami – Trax, a leading global provider of paperless aviation maintenance and engineering software products, announced it will enable the fully digital maintenance, repair, and overhaul (MRO) platform of SIA Engineering Company’s (SIAEC’s) state-of-the-art heavy maintenance facility in Malaysia. This collaboration signifies a prominent milestone in the paperless movement for the aviation industry, as the new facility will leverage cutting-edge technology to streamline and enhance maintenance operations.

With the application of Trax’s eMRO and eMobility products, operational processes at SIAEC’s facility in Malaysia, Base Maintenance Malaysia (BMM), will be entirely digital, including MRO planning, task execution, release management, and costing. The facility will benefit from:

• Paperless task execution: Trax’s TaskControl application will support the facility by eliminating paper-based workflows and allowing seamless electronic task card execution, increased speed and accuracy, and dependable compliance in maintenance operations.
• Expedited check packages: The use of Trax products will significantly reduce turnaround time for maintenance events via a fully digital check package process.
• Optimized resource planning: Trax’s Production Control application will be deployed to optimize manpower allocation and slot planning processes, enabling the MRO facility to operate at peak efficiency.
• Comprehensive inventory and tool management: Trax’s eMRO platform will manage all aspects of inventory, warehouse, and tooling, providing maintenance teams with access to real-time information on part availability and tool utilization.
• Contract and cost management: eMRO will facilitate contract management and introduce digital invoicing, which will simplify administrative tasks and provide users with transparent and efficient financial interactions.

“Developing a new facility that is entirely paperless from the onset marks a significant milestone for Trax, SIAEC, and the industry as a whole,” said Andrew Schmidt, Trax’s Executive Vice President.

“Trax’s suite of cloud-based products will advance seamless and efficient planning, control, and execution processes at BMM,” said Jeremy Yew, SVP of Base Maintenance. “When BMM commences operations, this modern, digital MRO facility will support our commitment to quality, safety, and operational reliability for our global customers.”

About Trax

Trax is the premier provider of aviation maintenance mobile and cloud products in the global aviation market and a wholly-owned subsidiary of AAR CORP. (NYSE: AIR). Trax products support digital signatures, paperless working, including workpacks and manuals, RFID-capability for logistics, biometric security, offline capability for its suite of mobile apps, web-based applications, and the ability for users to work anywhere with easy access to real-time information. Through its eMRO and eMobility products, Trax provides comprehensive software solutions designed to manage all aspects of aircraft maintenance. Additional information can be found at trax.aero.

About SIAEC

SIA Engineering Company (SIAEC) is a major provider of aircraft maintenance, repair and overhaul (MRO) services in Asia-Pacific. SIAEC has a client base of more than 80 international carriers and aerospace equipment manufacturers. It provides line maintenance services at more than 30 airports in 9 countries, as well as airframe, engine and component services on some of the most advanced and widely used commercial aircraft in the world. The 25 subsidiaries and joint ventures with original equipment manufacturers and strategic partners in Singapore, Cambodia, Hong Kong, Indonesia, Japan, Malaysia, Philippines, United States of America and Vietnam increase the depth and breadth of the Company’s service offerings. SIAEC has approvals from 28 national aviation regulatory authorities to provide MRO services for aircraft registered in the United States of America, Europe, China and other countries.

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