DUBLIN, May 22 (Reuters) - Boeing ( BA ) and Airbus

are making progress in stabilising production but there

is still "a way to go" to get a stable, predictable production

cycle, the head of aircraft leasing giant SMBC Aviation Capital

said on Thursday.

"I was actually there (at Boeing ( BA )) a few weeks ago. I

certainly felt that the corner was turned and I don't say that

lightly. There's more to go but I do think they are absolutely

travelling in the right direction," Peter Barrett told Reuters.

"Airbus also has made progress."