Ground support equipment specialists Oak Leasing provides GSE finance throughout Europe. With one single point of contact, this is done efficiently, discreetly and professionally.
Ground Support Equipment finance is crucial to the operation of all airline and airports throughout out the world. The ability to manage and control costs is vital in the aviation world
Change is coming….. and coming soon.
The Capex budgets of all airports, especially the regional airports will be faced with increasing pressure. This will come from two fronts, firstly, all UK airports will be required to install the latest 3d screening equipment by December 2022. Secondly, the public pressure for airports to move to a zero carbon model will increase exponentially over the coming years.
The thought that the public will see older polluting vehicles airside, is not an option that any airport can any longer contemplate, Airlines will soon operate net zero carbon flights to reduce emissions. These airlines will not be pleased older GSE equipment servicing their planes, and so the pressure will come from both the public and the airlines themselves.
With Arlanda reaching zero emissions by next year, and Hamburg in 2022, with both Schiphol and Kastrup soon after, is a sure indicator of the increasing impetus of change. This pace of change has to be reflected in the options and innovative ability of GSE equipment leasing providers. Oak with its funding partner realise that many airports utilising carbon offset projects , such as wind turbines and solar farms. We would consider these to be an integral part of airport equipment.
It is not simply airside equipment that has to change, but the landslide also. Moving to LED lighting, for longer life and lower emissions, and smarter heating and cooling systems for the retail outlets. Electric buses are not just for airside, but will be increasingly utilised for landside between carparks and terminals
Payment Options Matter.
Customers, large or small will expect their suppliers to offer a payment option. To expect that customers have a money tree in their garden is not at all realistic. Capex budgets are tight,and will tighten, similarly local funding is either at capacity, or unable to cross borders.
All of these changes will cost money, airports, ground support equipment providers, and GSE manufacturers will have to look for better and new ways to fund their equipment. This is where the coming choice will be for airports and GSE providers. Do they use their banking lines, and simply offer a dry lease, just fund the equipment over the term of the lease. Or do they chose the wet lease option, and a new credit line?
This includes service and maintenance over the period of the lease, so everything is just paid by one rental. Apart from reducing Capex pressures, the capability of offering a managed service is considered to be a game changer. For more information how Oak can help, just click on the A380 below.
What ground support equipment can be financed?
Everything you see airside can be financed. This will include:
Cargo loaders, power units, aircraft steps, belt loaders, tractors, dollies, de-icers, fire tenders, fuel trucks and fuel hydrants, fod cleaners.
The need for updated and climate smart zero emissions equipment is now very high on all future contacts with both GSE providers, airports and manufacturers.
Why use Oak Leasing for your Ground Support Equipment ?
We can cover almost of of Europe, as well as the UK, and we have funded airports, airlines, ground support equipment providers and manufactures. Customers have said that we are problem solvers, not document fillers!
You can have the ability to tailor make your fleet with up to date zero emission equipment, and we can include maintenance within one monthly or quarterly repayment. With our “As a Service” convenience, the total life costs are wrapped into simple regular payment, giving peace of mind, a fixed cost, and a flexible term to suit both you, your customer and the equipment.
For manufacturers, we can arrange for stage payments to fund the build from day one. Just what we call common sense.
