By Benjamin Katz

 

SMBC Aviation Capital said Tuesday that it has placed a follow-on order for 14 additional Boeing 737 MAX aircraft, adding to a flurry of orders for the jets since its ungrounding.

The Dublin-based lessor is in talks with various customers about leasing the aircraft which are due to be delivered toward the end of this year and into 2022, SMBC Chief Executive Peter Barrett said.

Demand for "good, young narrowbody airplanes is picking up," Mr. Barrett said in an interview.

"There are signs of increasing confidence in the short haul market," he said, adding that both airline and consumer confidence in the MAX jet has started to recover since its return to flying.

 

Write to Benjamin Katz at ben.katz@wsj.com

 

(END) Dow Jones Newswires

May 25, 2021 05:02 ET (09:02 GMT)

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