ADE Revenue Jumps 29% to RM284 Million on Surging MRO Demand
Why It MattersThe result signals sustained demand for base maintenance and component repair capacity across the MRO sector even as competition and supply chain pressures intensify.
Aircraft maintenance, repair and overhaul provider ADE reported a 29% year-on-year revenue increase to RM284 million (US$70.6 million), driven by higher-value base maintenance checks and a rise in workshop orders. The growth reflects stronger demand for component repair and refurbishment as ADE expanded its portfolio of intensive maintenance work.
EBITDA reached RM69 million, representing a 22% margin, while profit after tax stood at a 14% margin. ADE attributed improved profitability to strategic debt refinancing, which helped offset higher depreciation costs following investments in new tools and equipment.
For the first half of 2026, ADE generated revenue exceeding RM500 million, a 19% increase over the prior-year period. EBITDA rose 16% to RM112 million, and net operating profit climbed 52% to RM62 million.
ADE and Capital A's logistics arm Teleport together accounted for more than 70% of Capital A's total group revenue during the first half of 2026, underscoring the growing importance of these businesses following Capital A's disposal of its airline operations and its exit from PN17 status. ADE faces intensifying competition from rivals such as Lufthansa Technik and ongoing supply chain disruptions as it seeks to sustain its growth trajectory.
