Aviation & Yachts
London, United Kingdom
Director and head of the aviation department at Bargate Murray, Ilona Avramenko joined as a superyacht and aviation associate in October 2016, and now specialises in advising UHNW individuals, companies, family offices and financial institutions on yachting and aviation matters, particularly within the executive jet sector. Her practice covers all manner of transactional and advisory work, from new build yacht and aircraft construction projects, sale and purchase, asset finance, regulatory and tax work (particularly VAT).
‘We position ourselves as truly in-house advisers to our clients on yachting and aviation matters,’ she says. ‘We take a more informal approach – we are not advising on an M&A deal, but are helping our client build or buy a luxury asset that they and their family can enjoy. This means that the transaction should be exciting – and our firm brings immense value to any deal. We are innovative and adaptable, which is what a firm has to be in the current market environment.’
Avramenko regularly contributes media coverage, commenting and writing articles for specialist publications such as Corporate Jet Investor and CEO Today. She is also recognised for her market-leading expertise, which is evident through industry involvement, such as attending numerous conferences, including The Superyacht Forum in Amsterdam, The European Business Aviation Convention & Exhibition in Geneva and The Superyacht Show in Barcelona.
Prior to joining award-winning luxury asset law firm Bargate Murray in 2016, Avramenko started her career in the legal department of a ship management and owning company in Toronto, and is an English-trained yachting and aviation lawyer. ‘From a young age, it has been clear to me that law plays a uniquely important role in any organisation,’ explains Avramenko. ‘Each action has a legal consequence, and the ability to foresee the consequences has immense financial and strategic ramifications.’
It was when a client jokingly referred to her as his ‘proxy’ that Avramenko realised that she had become a trusted adviser at the firm.‘Shortly there after, I began to notice clients making it clear to their teams that I had to sign off on all their yachting and aviation matters,’ she tells Spear’s. ‘This is why I say that I see our firm as in-house advisers to our clients. We are not appointed on a deal-by-deal basis, but form a key part of the client’s advisory team.’
A client praises the firm for having ‘a massive influence in the industry, and will continue to do so... when you need something done quickly and dynamically, you would choose Bargate Murray.’
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