Oasis Leasing appoints technical manager to oversee aircraft portfolio

British-born Pavord, 48, has 20 years experience in aircraft manufacture, maintenance and operations. Before joining Oasis Leasing he was Acting Head of Aircraft Maintenance for Abu Dhabi's Gulf Aircraft Maintenance Company (GAMCO).

Pavord will be responsible for assessing the technical capability of new and existing lessees, aircraft pre-purchase inspections and assessments, monitoring and ensuring compliance of the portfolio with the strict standards of regulatory authorities and co-ordinating redeliveries and transfers to new lessees.

"As a seasoned engineer, Andy's extensive experience, with international maintenance organisations and airline operations, spans all areas of technical management. His appointment will help safeguard our assets and improve the company's ability to compete for new business," said Gordon Dixon, CEO, Oasis Leasing.

In addition to working with leading British, Middle East and African airlines, Pavord has been a surveyor with the UK's Civil Aviation Authority and holds both UK and FAA Aircraft Maintenance Engineer qualifications.

Oasis Leasing's asset portfolio includes 12 aircraft on long-term lease to major regional and international flag carriers and a 50% stake in a capesize dry-bulk vessel.

The company aims to build its asset and risk profile from its current US $472 million value to US $1.2 billion by 2006 with targeted moves into shipping, infrastructure and power plant financing.