Embraer Reports First-Quarter 2008 Deliveries and Updates Order Book

SAO JOSE DOS CAMPOS, Brazil, April 7, 2008 /PRNewswire-FirstCall/ -- Embraer reports that its firm order backlog for the Commercial Aviation, Executive Aviation, and Defense and Government segments increased by US$ 1.5 billion during the first quarter of 2008 (1Q08), totaling a record US$ 20.3 billion.

During 1Q08 Embraer delivered 45 aircraft in total, where 38 jets were delivered to the Airline Market, 7 jets to the Executive Aviation segment.

After delivering a record number of aircraft in 2007, Embraer continues to implement improvements on its industrial processes, confirming the commitment assumed with its shareholders, customers and suppliers. The production rate has been maintained at the 14 E-jets per month level and on that sense, Embraer confirms deliveries between 195 and 200 jets, plus 10 to 15 Phenom 100 executive jets, in 2008.

    During 1Q08, a total of 45 jets were delivered to the following segments:



      Deliveries by Segment         1st quarter
                                        2008               2008

       Commercial Aviation               38                 38
          ERJ 145                         3                  3
          EMBRAER 170                     0                  0
          EMBRAER 175                    15                 15
          EMBRAER 190                    17 (1)             17 (1)
          EMBRAER 195                     3                  3

       Executive Aviation                 7                  7
          Legacy 600                      7                  7

       TOTAL                             45                 45

       (1) Deliveries that represent an operational lease.

During the first quarter of 2008, Embraer signed a contract for the sale of 36 EMBRAER 195 jets with the newest Brazilian airline, commanded by the businessman David Neeleman. The sales team also recorded the conclusion of sales to new customers as Air Moldova, from Moldavia, aircraft leasing company Jetscape, Inc., based in Fort Lauderdale, Fla., and also recorded the confirmation of purchase rights with Regional, a wholly-owned subsidiary of Air France, EgyptAir Holding Company, from Egypt, Finnair, from Finland and M1 Travel Ltd., from Lebanon. The Phenom family continues to record solid results with more than 750 firm contracts signed. The certification program is running on schedule and the Company has four pre-serial aircraft working on the flight test phase and certification.

Also during 1Q08, Embraer converted three options into three firm orders with JetBlue, totaling 104 aircraft on its contract, and US Airways converted in options ten firm orders that were subject to confirmation from the company into options, according to the release issued in February 2006.

On March 31, 2008, Embraer's order book for the Commercial Aviation segment, by product, stood at:

                                                                    Firm Order
    Aircraft Type                Firm Orders  Options  Deliveries     Backlog
    ERJ 145 Family
       ERJ 135                         108        0         108           0
       ERJ 140                          74        0          74           0
       ERJ 145                         733       75         690          43
    Total - ERJ 145 Family             915       75         872          43

    EMBRAER 170/190 Family               0        0           0           0
       EMBRAER 170                     179      114         139          40
       EMBRAER 175                     129      148          74          55
       EMBRAER 190                     431      479         140         291
       EMBRAER 195                      96       99          16          80
    Total - EMBRAER 170/190 Family     835      840         369         466

    TOTAL                            1.750      915       1.241         509

    Note: Deliveries and firm order backlog include orders for the Defense and
    Government segment placed by State-run airlines (Satena and TAME).

Note to Editors

Embraer (Empresa Brasileira de Aeronautica S.A.) NYSE: ERJ is the world's largest manufacturer of Commercial jets up to 120 seats, and one of Brazil's leading exporters. Embraer's headquarters are located in Sao Jose dos Campos, Sao Paulo, and it has offices, industrial operations and customer service facilities in Brazil, the United States, France, Portugal, China and Singapore. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the Commercial Aviation, Executive Aviation, and Defense and Government segments. The Company also provides after sales support and services to customers worldwide. On March 31, 2008, Embraer had a workforce of 23,878 employees and a firm order backlog of US$ 20.3 billion.

This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect Embraer's businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among others: general economic, political and trade conditions in Brazil and in those markets where Embraer does business; expectations on industry trends; the Company's investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words "believe", "may", "is able", "will be able", "intend", "continue", "anticipate", "expect" and other similar terms are supposed to identify potentialities. Embraer does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Embraer expectations.