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


Asia Digital Engineering CEO Mahesh Kumar

KUALA LUMPUR: 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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asia Digital Engineering , Capital A , KLIA

   

Next In Business News

More Fed officials ready to say goodbye to low-rate world
China travel surges for May holiday but consumers remain wary
Dollar near five-month highs ahead of Fed policy decision
Crypto washout sends bitcoin below US$58,000 into bear market
Oil falls for a third day as Middle East ceasefire hopes rise
Japan's Nikkei ends lower as investors brace for Fed policy decision
AirAsia can withstand unfavourable currency movements, rising oil prices
Musk disbands Tesla EV charging team, leaving customers in the dark
Gold hits near four-week low as traders ready for Fed verdict
Microsoft to open first regional data centre in Thailand

Others Also Read