Lucy Shtenko
physical attendance
Lucy Shtenko

Watson Farley & Williams

United Kingdom

Lucy’s practice focusses on ship, offshore, aviation and other asset and structured finance transactions. She has significant experience working on complex financing structures, export credit supported financings, sale and charter backs, distressed debt transactions and debt restructurings, especially in the maritime space.

She also regularly advises on the sale and purchase of aircraft, operating leases, the structuring and documentation of pre-delivery payment finance in the context of new aircraft orders and post-delivery aircraft finance. A further area of expertise is in drafting commercial contracts common to both the maritime and aviation industries (e.g. purchase contracts, charters, management agreements, leases and hire purchase contracts).

Her diverse client base includes major international ship, offshore and aviation finance banks, as well as shipowners, cruise companies, ship operators, offshore companies and aircraft lessors/airlines.

Lucy originally joined the firm in 1996 and has spent time in the firm’s London, Paris and Singapore offices. Between 2009 and 2013 she worked as senior legal counsel for European aircraft manufacturer Airbus in Toulouse, France, where she supported the sales, finance and asset management teams on all areas of their business.

She is recommended as an expert asset finance lawyer by legal directory IFLR 1000.

Upgrade to initiate conversation first




Demand for freighter capacity remains high and shows no sign of slowing, but what opportunities lie ahead to build on this buoyant yet traditionally volatile market? 

  • Understanding key differences between commercial and freighter aircraft financing. 
  • What do financiers and investors need to know before entering the freighter market? 
  • Will there be increased capital markets activity around freighters in 2022? 
  • Will certain aircraft types remain at a price point to make them acceptable to buy for cargo conversions as passenger demand returns? 
  • Addressing sustainability concerns in the rise of air freight capacity: what is the potential for SAF in this space? 
Vicente Alava Pons
Managing Director, Co-Global Head for Aviation, MUFG
Marc Iarchy
Director, World Star Aviation
Matheus Piorino
Director, Customer Finance EMEA, Embraer
Lucy Shtenko
Partner, Watson Farley & Williams