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June 19, 2007 10:27 AM PDT

Boeing nets $8.8 billion in 787 sales

by Daniel Terdiman
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Take that, Airbus.

That's what Boeing said Tuesday at the Paris Air Show, when it announced an $8.8 billion, 60-plane sale of its forthcoming and much-anticipated 787 Dreamliner to the leasing company ILFC, according to Reuters.

The deal comes on the heels of Airbus announcing Monday more than $30 billion in orders, a move much needed by the beleaguered British/French plane consortium. Its hugely hyped A380 super-airplane has disappointed critics because it was very late to market and incredibly over budget.

But none of that mattered to Boeing, which happily showed that the 787 Dreamliner has some chops of its own. The plane is expected to be formally unveiled at the Everett, Wash., facility where it is being built--and where Boeing also builds its 777 and, of course, 747s--on July 8. Watch this space for live coverage of that event, as well as photos of the unveiling.

Daniel Terdiman is a staff writer at CNET News covering games, Net culture, and everything in between. E-mail Daniel.
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Add a Comment (Log in or register) (4 Comments)
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Error
by wandrewe June 19, 2007 11:55 AM PDT
Airbus is German/French, not British/French.
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Errors
by Speiler9 June 26, 2007 10:46 AM PDT
Airbus is British/French/German/Spanish. The wings are made in
the UK.
30 million > 8.8 million
by MadKiwi June 19, 2007 1:16 PM PDT
Take THAT Boeing...
Reply to this comment
Re: 30 million > 8.8 million
by Iansdad July 5, 2007 10:22 AM PDT
First of all, it's billion, not million. Secondly, Boeing doesn't usually save order announcements for the Paris airshow. Last time I saw any sales data Boeing had confirmed orders for nearly 600 787's which translates to somewhere in the neighborhood of $80b-$120b, depending upon discounts and configuration differences.
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