T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Airline Market OverviewA perspective from the 30 to 120-seat segment

Airline Market OverviewA perspective from the 30 to 120-seat segment

Mauro KernExecutive Vice President

Commercial Aviation

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

This presentation includes forward-looking statements or statements about events or circumstances which have not occurred. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting our business and our future financial performance. These forward-looking statements are subject to risks, uncertainties and assumptions, including, among other things: general economic, political and business conditions, both in Brazil and in our market.

The words “believes,” “may,” “will,” “estimates,” “continues,” “anticipates,” “intends,”“expects” and similar words are intended to identify forward-looking statements. We undertake no obligations to update publicly or revise any forward-looking statements because of new information, future events or other factors. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this presentation might not occur. Our actual results could differ substantially from those anticipated in our forward-looking statements.

Forward Looking Statement

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

� Air Transport Industry Review

� 50-seat Regional Jet Market & the ERJ145 Family

� 70 to 120-seat Jet Market & the E-Jets

� Competitive Scenario

� Embraer Market Forecast

Contents

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Air Travel Demand Remains Growing

2.5

3.0

3.5

4.0

4.5

5.0

2000

2001

2002

2003

2004

2005

2006

2007

2008F

RP

K (

in T

rillio

n)

Source: ICAO

World Air Travel Demand

5.68.0 5.66.614.91.4-0.3-2.48.6YoY RPK (%)

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

LCCs Putting Pressure on Fares

LCCs fleet and presence doubled since 2000

9%

105%

%

2,9978,5057,832Network

9744372,1202,8821,405LCC

20072000200720072000

Airports ServedBacklogFleet in Service

Source: BACK (Dec/07)

2007

2000

LCC Presence:

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Liberalization is Already Happening

Source: BACK (Dec/07 ; Number of Start-ups = New Airlines – Dead Airlines)

Many new airlines have started operations since Jan/06

Africa3 Start-ups

Asia Pacific10 Start-ups

China16 Start-ups

Europe56 Start-ups

Latin America4 Start-ups

Middle East13 Start-ups

North America18 Start-ups

Russia / CIS8 Start-ups

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

-5

-4

-3

-2

-1

0

1

2

3

4

5

1995 1997 1999 2001 2003 2005 2007 2009F 2011F

Yo

Y G

row

th (

%)

World Yields Remain Weak

• Strong yield environment in 2007, allowing revenues to offset fuel costs.• Positive trend likely to disappear in 2008, substantial efficiency improvements

will be required.Source: IATA

Forecast

World Nominal Yield

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

High Fuel Price will Stay

2.512.38

0.00

0.50

1.00

1.50

2.00

2.50

3.00

2008 2009

* Prices as of 31Dec07

Crude Oil Price (US$ per barrel)

WTI: 105.47

Jet Fuel Price (US$ per Gallon)

New York: 2.97

Rotterdam: 2.99

China*: 2.74

Singapore: 2.82

Brazil*: 3.37

06Mar08

04Mar08

Source: EIA (Feb/08)

Jet Fuel Price Forecast (US$ per Gallon; EIA)

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Airline´s Ability to Deal With Rising Costs

Source: IATA (Dec/07)

Fuel Consumption per Passenger (Gallon)

26

28

30

32

34

36

38

40

1995

1997

1999

2001

2003

2005

2007

2009F

2011F

- 17% - 7%

Historic Forecast

Fuel Expenses (% of Total Expenses)

5

10

15

20

25

30

35

1995

1997

1999

2001

2003

2005

2007

2009F

2011F

+ 164% - 10%

Historic Forecast

Fuel efficiency is increasingbutFuel cost is rising

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Source: BACK (Dec/07 ; Scheduled Airlines)

1219,145World

231,282Russia & CIS

117,025North America

10617Middle East

151,277Latin America

104,150Europe

71,261China

112,822Asia Pacific

16711Africa

Avg. Age

# Acft. (TP+Jet)

Fleet by Region

Old Fleet Means Extra Operating Costs

YAK- 4033199

B727-2003062

Avg. Age# Acft

B737-20028204

DC 9-3037110

TU-13431135

AN-2437205

Around 650 jets (30-120 seats) with more than 25 years of age needurgent replacement

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Efficiency is the Name of the Game

Source: ACAS (Nov/07)

66%

68%

70%

72%

74%

76%

78%

80%

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

7.0

7.5

8.0

8.5

9.0

9.5

10.0

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

Average Industry Load Factor Average Industry Utilization (Flight hours/day)

+ 9.5 pp+ 20%

• Record load factors helped airlines offset costs increases since 2000

• World airlines moving aggressively to redeploy assets and adjust aircraft utilization

World

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Positive Net Results Projected for 2007 & 2008

Source: IATA Economics Dec/07 (ICAO data to 2006 and IATA Forecast 2007-2008)

Europe

Values in US$ Billion

US net results includes restructuring costs andexcludes United Airlines ‘fresh-start’ accounting losses and gains

AfricaLatin America

North America

Middle East

Asia Pacific

World

05 06 07F2004 08F

-6.7 -2.7 2.7-10 2.2

1.6 1.8 2.11.1 2.0

05 06 07F2004 08F

0.2 0.2 0.20.2 0.2

05 06 07F2004 08F

-0.1 -0.2 -0.10.1 0.0

05 06 07F2004 08F

-0.4 -0.4 -0.1-0.3 -0.1

05 06 07F2004 08F

1.2 0.8 0.73.4 0.6

05 06 07F2004 08F

-4.1 -0.5 5.6-5.6 5.0

05 06 07F2004 08F

ERJ 145 Family

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

RJ50s Current Situation

� Worldwide Fleet in Service (Dec/07):

2050 aircraft

� Parked aircraft: 20 CRJs; 1 ERJ; 13 others

� only 2% of the total fleet – a stable market

� RJ50s: responsible for nearly 30% of US domestic departures and the most important hub-and-spoke system enabler

Source: BACK (Dec/07; FIS=Scheduled airlines and A/C active in service)

USA

70%

Europe

13%

ROW

8%CIS

9%

Parked

2%

In

Service

98%

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

ERJ 145 Family Order Book

(December 31st. 2007)

46

46

-

-

FirmBacklog

869131915Total

687131733ERJ 145

74-74ERJ 140

108-108ERJ 135

DeliveriesOptionsFirm

Orders

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Dec 1998Dec 1998

Dec 1999Dec 1999

Aug 2000Aug 2000

Mar 2001Mar 2001 Sep 2001Sep 2001 May 2003May 2003

Dec 1996Dec 1996

First DeliveryFirst Delivery

May 2002May 2002 Feb 2005Feb 2005May 2004May 2004

1,000 ERJ145 Platforms Already Delivered

September, 2007

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

RJ50 Evolution on Non-Traditional Markets

2004

405 nm405 nmAv. Stage Length

1818Markets

55# Aircraft

ERJ145RJ50

369 nm362 nmAv. Stage Length

78106Markets

2744# Aircraft

ERJ145RJ50

Source: BACK (Dec/2007), RJ50 includes ERJ145 and CRJ100/200/440

2007

Mexico´́́́s RJ fleet grew in three years to 44 aircraft from just 5

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

20062003

Source: CAAC

RJ50 Evolution on Non-Traditional Markets

China´́́́s RJ aviation is growing at slower pace but has huge potential

196 Markets - 45 A/C 223 Markets - 61 A/C

0% 20% 40% 60% 80% 100%

USA

Europe

China

30-120 Seats

120-210 Seatsunbalanced jet fleet

11%

33%

42%

% of Fleet

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

RJ50s Future Market Trends

• Market entered a mature phase in the US and Europe

• RJ50s will remain the backbone of US hub feeding system

• Some new market opportunities (long and thin) in the US and EU

• Potential for regional aviation development in China and Russia

• Secondary markets will keep expanding

E-Jets Family… an efficiency tool!

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

EMBRAER 170• 70 to 80 Seats• 2,100 nm Range• Certification – February 2004

EMBRAER 170/175

EMBRAER 190/195

EMBRAER 175• 78 to 88 Seats• 2,000 nm Range• Certification – December 2004

EMBRAER 190• 98 to 114 Seats• 2,400 nm Range • Certification – August 2005

EMBRAER 195• 108 to 122 Seats• 2,200 nm Range• Certification – June 2006

E-Jets Family

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

E-Jets Family Order Book

47135960EMBRAER 195

430

282

70

31

FirmBacklog

334786764Total

123452405EMBRAER 190

59148129EMBRAER 175

139127170EMBRAER 170

DeliveriesOptionsFirm

Orders

(December 31st. 2007)

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

E-Jets Deployment - North America

27% 51% 8% 14%

0% 20% 40% 60% 80% 100%

Natural Growth Right-sizing

Direct Replacement New Markets

E-Jets

Dec/07

29 E175

76 E170

25 E175

46 E19011 E190

27 E1759 E175

3 E19015 E175

42 E190

176208

71 E19030 E190

BacklogDeliveries

Source: BACK (4Q07), Embraer

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

6:00

8:00

10:00

12:00

14:00

16:00

18:00

20:00

22:00

2007318

E-Jets Complementing Narrowbodies

2008436

Charlotte – Toronto

Seats*

Source: BACK (4Q06) *4th Wednesday of January

20071,033

A319

2008992

Toronto - Halifax

E190A320

A320

A320

A320

A320

A320

A319

E190A320

A319

A319

A319

E190

E190

737-300

737-300

E170

737-300

E175

737-400

CRJ-200

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

E-Jets Interchanged with Narrowbodies

E-Jets Narrowbodies

Source: BACK

Apr/06

Denver -Montreal

Spring Summer Fall Winter Spring Summer Fall Winter

Apr/06

E-Jets provide year-round network coverage, optimizing fleet

capacity to seasonal market demand

Spring Summer Fall Winter Spring Summer Fall Winter

New York - Portland

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

42% 43% 7% 8%

0% 20% 40% 60% 80% 100%

Natural Growth Right-sizing

Direct Replacement New Markets

E-Jets Deployment - Europe

2 E195

10 E190

10 E195

5 E190

6 E170 5 E190

5 E190

30 E190

6 E1958 E195

4 E19010 E170

6 E190

6 E170

E-Jets

Dec/07

78 53

10 E1706 E175

2 E170

BacklogDeliveries

Source: BACK (4Q07), Embraer

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Helsinki - Gothenburg Helsinki - Dusseldorf Helsinki - Warsaw

2006 2007 2008 2006 2007 2008 2006 2007 2008

Seats Oferred 126 202 304 126 226 278 76 202 252

6:00

E170 E170

8:00 A319 E170 E170

E170 A319

10:00

A319

12:00 E170 E170

14:00

16:00 E170 A320 A319

E170 E190

18:00 A319 E170

E170

20:00 E170

22:00

Midnight

E170/190 at Finnair: Replacing/Complementing NBs

E-Jets right-sizing at Finnair: 76% of E170/190 markets

18 markets complementing A319/320s

11 markets replacing A319/320s and MD-80s

Source: BACK (Jan/08) *4th Wednesday of January

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

5% 20% 75%

0% 20% 40% 60% 80% 100%

Right-sizing Direct Replacement New Markets

2 E170

10 E170

1 E170

1 E1901 E170

2 E170

3 E175

4 E1901 E195

3 E190

50 E190

E-Jets

Dec/07

8513

3 E170

14 E1903 E170

BacklogDeliveries

E-Jets Deployment - Asia Pacific & China

Source: Back (4Q07), Embraer

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

* 500 nm sector, 100% Load Factor

Comparison: Fuel Burn / CO2 Emissions

0%

20%

40%

60%

80%

100%

120%

140%

160%

E170 E175 BAe 146-

100

BAe 146-

200

F70 RJ85 DC9-10

+53%

Fuel Burn*: 61 to 90-seat segment

The E-Jets Family offers substantial fleet renewal benefits with fuel / emission reductions up to 50%.

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

500 nm Sector, Full Pax, Network Environment (3,200 annual BH), Jet Fuel Price $2.50/gallon

E170/175 Fuel Savings Comparison with Older Jets

E175

F70

E170

BAe 146-100

BAe 146-200Avro RJ85

DC9-10

$0

$500

$1,000

$1,500

$2,000

0% 10% 20% 30% 40% 50% 60%

Addtional Fuel Burn vs. E170

Ad

dit

ion

al

An

nu

al

Fu

el

Co

st

(US

$ -

tho

us

an

ds

) v

s.

E1

70

E170/175 can offer up to US$ 1.8 million yearly fuel savings

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

0%

20%

40%

60%

80%

100%

120%

140%

160%

E190 E195 B717 B737-

200

B737-

300

B737-

500

F100 MD87 RJ100 DC9-30

+50%

Comparison: Fuel Burn / CO2 Emissions

Fuel Burn*: 91 to 120-seat segment

* 500 nm sector, 100% Load Factor

The E-Jets Family offers substantial fleet renewal benefits with fuel / emission reductions up to 50%.

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

E190/195 Fuel Savings Comparison with Older Jets

500 nm Sector, Full Pax, Network Environment (3,200 annual BH), Jet Fuel Price $2.50/gallon

E190/195 can offer up to US$ 2.1 million yearly fuel savings

E195

717

737-500

F100

E190

737-200

737-300

737-400

MD87

Avro RJ100

DC9-30

$0

$500

$1,000

$1,500

$2,000

$2,500

0% 10% 20% 30% 40% 50% 60%

Additional Fuel Burn vs. E190

Ad

dit

ion

al A

nn

ual F

uel C

ost

(US

$ -

tho

usan

ds)

vs. E

190

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Air Canada – Merrill Lynch Global Transportation Conference (Jun/2007)

COPY

Domestic

International

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

27%42%

26%

8%

7%

6%

51%

42%

53%

14% 8% 15%

0%

20%

40%

60%

80%

100%

North America Europe World

% o

f T

ota

l E

-Je

ts M

ark

ets

Natural Growth Direct Replacement Right-sizing New Markets

E-Jets Deployment

Source: BACK (4Q07), Embraer

• 53% of E-Jets operations: right-sizing of narrowbody services

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

60

110 112 118

245

343

440

764

619

0

100

200

300

400

500

600

700

800

1999 2000 2001 2002 2003 2004 2005 2006 2007

Accu

mu

late

d F

irm

Ord

ers

Source: Embraer

Deliveries

1 2 3 4 9 14 19 29 44Customers/Operators

E-Jets Customer Base Evolution

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

E-Jets Worldwide Distribution

Growing and diversified customer-base across five continents.

Increased presence in emerging markets with established carriers.

9%

20%

51%

13%

7%

Asia Pacific /China

Middle East /Africa

Europe

Latin America

North America

18%

28%

18%18%

18%

Customers Firm Orders

Source: Embraer (Dec/07)

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

E-Jets Family - Efficiency to all Business Models

Source: Embraer (Dec/07 ; Sirte Oil and GECAS not presented)

Regional Network Low Cost

Charter

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

70 to 120-seat Future Market Trends

Traffic growth on high load factor RJ50 routes

Mainline service level on regional routes

LO

W C

OS

TN

ET

WO

RK

RE

GIO

NA

L

Right-sizing of low load factor narrow-body flights

Replacement of old and inefficient jets

Expansion into medium density markets

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Competitive Scenario: ARJ21 and SSJ100

ARJ21-700

SSJ100

• 121 aircraft (ARJ-21), 100% in ChinaOrderbook

• ARJ21-700 (90 pax): E175 (86 pax)

• Mostly restricted to China andsurrounding countries

Competition

• First flight: March/2008 (TBC)

• EIS: 2009

Program

• 88 aircraft, 78 in Russia + 10 in Italy(start-up airline)

Orderbook

• SSJ100/95 (95 pax): E190 (100 pax)

• SSJ100/75 (78 pax): E175 (82 pax)

• Mostly in CIS and Eastern Europe

Competition

• First flight delayed to April-June/2008

• EIS: 2009

Program

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Competitive Scenario: MRJ and CSeries

MRJ 70/90

CSeries

NoneOrderbook

• MRJ 70 (76 pax): E170 (80 pax)

• MRJ 90 (88 pax): E175 (88 pax)

• Initially restricted to Japan. Will haveto prove itself locally beforecompeting in the worldwide market.

Competition

• Launch: March/08

• EIS: 2012/2013

Program

NoneOrderbook

• C110 (110 pax): E195 (110 pax)

• C130 (130 pax): A319/737-700

• Worldwide. Project not optimized for short-mid range trips.

Competition

• ATO: Feb/08

• EIS: 2013 (earliest)

• Program cost incresed: $1bi to $3.2bi

Program

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Market Share - World (30-120 seats)

59

52

47

1 1

454242

4438

34

24

11

5

464747

45

45

43

52

44

4850505150

44

51

44

233

3

3738

23

14

84 4 4

2 2345

88

223

222

3

121 10

10

20

30

40

50

60

70

80

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Feb/08

(%)

Embraer: ERJ 145/140/135 ; Embraer 170/175/190/195

Bombardier: CRJ100/200/440/700/900/1000

Airbus: A318

Boeing: B737-600

AVIC I: ARJ-21

Sukhoi: Superjet 100

Antonov: An-148

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

RPKRPKRPKRPK

GDPGDPGDPGDP

Projected Economic and Traffic Growth

Source: Global Insight and Embraer (Dec/07)

NorthAmerica

AfricaLatin America

Middle East

World

Europe Russia / CIS

China

2.7% 4.0%

4.0% 6.1%

2.1% 4.5% 4.1% 5.4%

7.0% 7.5%

4.8% 5.4%

4.2% 6.2%

2.7% 5.3%

3.2% 4.9%

Asia Pacific

Growth by Region (2008-2027)

Projected world GDP growth around 3% in the next twenty years sustaining nearly 5% annual increase in air transport demand

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

4,300

1,950

1,525

825

2018 - 2027

7,450

3,750

2,600

1,100

2008 - 2027

3,15030 - 120

1,80091 - 120

1,07561 - 90

27530 - 60

2008 – 2017Market Segment (Seats)

Embraer Market Forecast (2008-2027)

Right-sizing of narrowbody operations, replacement of old & inefficient jets and airline expansion into mid-density markets.

91-120

75-seater as a natural growth of RJ50s.61-90

Mature market, low 50-seat demand in the short/mid term.30-60

Projected Deliveries - Jets

Main Drivers

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

Embraer Market Forecast (2008-2027)

45%

3,330

North

America

8%

580

Latin

America

17%

1,350

Europe

7%

510

Russia / CIS

3%

220

Africa

3%

190

Middle East

7%

540

Asia Pacific

10%

730

China

7,450 new jets in the 30 to 120-seat segment

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s p r o p e r t y o f E m b r a e r a n d s h a l l n o t b e c o p i e d o r u s e d w i t h o u t E m b r a e r ´ s w r i t t e n c o n s e n t

E-Jets Around the WorldE-Jets Around the World

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