januaryfebruary2024 - 15

How do you
finance the
equipment in
your GSE fleet?
The age of ground support equipment
(GSE) is slowly decreasing as
new equipment enters the market.
Almost 50 percent of those surveyed
indicated the average age of
equipment in their fleet was less
than 10 years - compared to 43 percent
a year ago.
While there is increasing interest
in eGSE across the market, the longlived
nature of GSE is still prevalent.
According to survey data, the majority
of equipment in the field remains
powered by diesel fuel or gasoline.
When asked about GSE budgets in
2024, fewer people polled expect a
budget increase. However, 43 percent
of respondents anticipate their budget
would remain steady.
The U.S. Federal Reserve has
announced its intention to lower rates
in 2024 and 2025. While consumer
spending may increase, it could take
some time before the GSE market
sees the same shift in spending,
according to Jason Gendron, CEO at
Mercury GSE.
" Interest rates have a lag effect,
What is the average
age of equipment in
your GSE fleet?
0-4 yrs
5-9 yrs
10-19 yrs
20-29 yrs
30+ yrs
2.15%
13.98%
35.48%
37.63%
10.75%
with about a six-month lag, to
what the Fed does. What we are
seeing now is the effects of raises
in interest rates that happened
last summer, " Gendron says. " The
effect of interest rates being lowered
may not be seen in 2024.
" I think it is a wait-and-see
approach for aviation, " he continues,
adding he is not certain the U.S.
economy has hit peak inflation, nor
a peak in rates. " There has been a
lot of purchasing that has happened
post-COVID, and this is the year it
may slow down. "
January/February 2024 || AviationPros.com || 15
55.91% Capital purchasing
11.83% Hybrid financing model
11.83% Long-term leasing (more than 3 years)
5.38% Short-term leasing (less than 3 years)
5.05% None of the above

http://www.AviationPros.com

januaryfebruary2024

Table of Contents for the Digital Edition of januaryfebruary2024

Editor's Note - The Importance of Ground Damage Mitigation
Business Buzz
Industry Expert Column – Sensor Technology: Powering Precision and Progress in GSE
2024 State of the Industry
How Ground Handlers are Contributing to Aviation's Sustainability
ULD: The Oil that Keeps the Gears of Air Cargo Turning
The Do's and Don'ts of Fuel Spill Prevention and Mitigation
Diagnostic Software to Simplify the GSE Repair Process
Product Hangar
Ground Support Spotlight
januaryfebruary2024 - 1
januaryfebruary2024 - 2
januaryfebruary2024 - 3
januaryfebruary2024 - 4
januaryfebruary2024 - Editor's Note - The Importance of Ground Damage Mitigation
januaryfebruary2024 - Business Buzz
januaryfebruary2024 - 7
januaryfebruary2024 - 8
januaryfebruary2024 - 9
januaryfebruary2024 - Industry Expert Column – Sensor Technology: Powering Precision and Progress in GSE
januaryfebruary2024 - 11
januaryfebruary2024 - 2024 State of the Industry
januaryfebruary2024 - 13
januaryfebruary2024 - 14
januaryfebruary2024 - 15
januaryfebruary2024 - 16
januaryfebruary2024 - 17
januaryfebruary2024 - 18
januaryfebruary2024 - 19
januaryfebruary2024 - How Ground Handlers are Contributing to Aviation's Sustainability
januaryfebruary2024 - 21
januaryfebruary2024 - 22
januaryfebruary2024 - 23
januaryfebruary2024 - ULD: The Oil that Keeps the Gears of Air Cargo Turning
januaryfebruary2024 - 25
januaryfebruary2024 - The Do's and Don'ts of Fuel Spill Prevention and Mitigation
januaryfebruary2024 - 27
januaryfebruary2024 - Diagnostic Software to Simplify the GSE Repair Process
januaryfebruary2024 - 29
januaryfebruary2024 - Product Hangar
januaryfebruary2024 - 31
januaryfebruary2024 - 32
januaryfebruary2024 - 33
januaryfebruary2024 - Ground Support Spotlight
januaryfebruary2024 - 35
januaryfebruary2024 - 36
https://www.nxtbook.com/endeavor/groundsupportworldwide/october2024
https://www.nxtbook.com/endeavor/groundsupportworldwide/augustseptember-2024
https://www.nxtbook.com/endeavor/groundsupportworldwide/junejuly2024
https://www.nxtbook.com/endeavor/groundsupportworldwide/may2024
https://www.nxtbook.com/endeavor/groundsupportworldwide/april2024
https://www.nxtbook.com/endeavor/groundsupportworldwide/march2024
https://www.nxtbook.com/endeavor/groundsupportworldwide/januaryfebruary2024
https://www.nxtbook.com/endeavor/groundsupportworldwide/december2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/november2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/october2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/september2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/august2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/junejuly2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/may2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/april2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/march2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/february2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/december2022january2023
https://www.nxtbook.com/endeavor/groundsupportworldwide/november2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/october-2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/september2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/august2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/junejuly2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/may2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/april2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/march2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/february2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/december2021january2022
https://www.nxtbook.com/endeavor/groundsupportworldwide/november2021
https://www.nxtbook.com/endeavor/groundsupportworldwide/october2021
https://www.nxtbook.com/endeavor/groundsupportworldwide/september2021
https://www.nxtbook.com/endeavor/groundsupportworldwide/august2021
https://www.nxtbook.com/endeavor/groundsupportworldwide/june-july_2021
https://www.nxtbook.com/endeavor/groundsupportworldwide/may_2021
https://www.nxtbook.com/endeavor/groundsupportworldwide/april2021
https://www.nxtbook.com/endeavor/groundsupportworldwide/march2021
https://www.nxtbook.com/endeavor/groundsupportworldwide/february2021
https://www.nxtbook.com/endeavor/groundsupportworldwide/GSM1220-0121
https://www.nxtbook.com/endeavor/groundsupportworldwide/november2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/GSM_October_2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/September2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/August2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/junejuly2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/may2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/april2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/march2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/february2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/Ground_Support_Worldwide_December_2019-January_2020
https://www.nxtbook.com/endeavor/groundsupportworldwide/GSEExpoProspectus
https://www.nxtbook.com/endeavor/groundsupportworldwide/november2019
https://www.nxtbook.com/endeavor/groundsupportworldwide/october2019
https://www.nxtbook.com/endeavor/groundsupportworldwide/GSM_0919
https://www.nxtbook.com/endeavor/groundsupportworldwide/august2019
https://www.nxtbook.com/endeavor/groundsupportworldwide/junejuly2019
https://www.nxtbook.com/endeavor/groundsupportworldwide/2019aviationfuelingdirectory
https://www.nxtbook.com/endeavor/groundsupportworldwide/may2019
https://www.nxtbook.com/endeavor/groundsupportworldwide/april2019
https://www.nxtbook.com/endeavor/groundsupportworldwide/GSM_0319
https://www.nxtbook.com/endeavor/groundsupportworldwide/GSM_0219
https://www.nxtbookmedia.com