Boeing nets $8.8 billion in 787 sales

At the Paris Air Show, Boeing announces huge sale of its new 787 Dreamliner plane.

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.

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