Capital A’s ADE expects to double its revenue by 2025 - MIDA | Malaysian Investment Development Authority
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Capital A’s ADE expects to double its revenue by 2025

Capital A’s ADE expects to double its revenue by 2025

25 Mar 2024

Asia Digital Engineering (ADE) is well positioned for substantial growth in the coming years as plans are underway to establish a new maintenance, repair and overhaul hangar facility at the Kuala Lumpur International Airport (KLIA), its chief executive officer Mahesh Kumar says.

ADE is the engineering and maintenance subsidiary of Capital A Bhd.

Mahesh expressed his confidence that revenue will double by 2025 and progressive growth thereafter.

The new hangar facility, spanning 8.19 ha, is being constructed in two phases, with Phase 1 slated for completion in May 2024 and operational by August, while Phase 2 will follow swiftly, with operational readiness anticipated by October this year.

Mahesh Kumar revealed that the hangar facility will also see Phase 3 coming up once Phase 2 is completed, and the company has a first right of refusal with Malaysia Airports Holdings Bhd for a 2.07-ha piece of land near the facility in KLIA.

“The soil testing work has begun (for Phase 3), and we are planning to start construction once the second phase is ready, expecting completion by the end of 2026,” he told Bernama.

Mahesh said the hangar facility’s Phase 3 will accommodate another four lines of narrow-body aircraft.

Upon the completion of Phases 1 and 2, the hangar facility will make ADE the largest service provider in Malaysia and one of the largest in the region.

Mahesh further stated that the new hangar facility would provide flexibility for ADE to service wide-body aircraft such as A330 and B737 types.

Designed in an ‘L’ or boomerang shape, the facility would allow for maximum land use and more hangar lines.

Source: The Star