2005* embraer day business jet market presentation (disponível apenas em inglês)

November 18th, 2005

Luís Carlos AffonsoSenior Vice-President, Executive Aviation

Executive Aviation Market

Forward Looking Statement

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.

Vision

To become a major player in the Business Aviation Market

within 10 years by providing innovative and differentiating

product and service solutions with added value to our

customers and shareholders.

New structure

Single focus on the business aviation customer

All-encompassing business unit

Higher synergy and improved decision-making process

Services & Customer Support

ProgramManagement

Sales, Contracts& Marketing

Executive Aviation Business

Maurício BotelhoPresident &CEO

Luís Carlos AffonsoSenior Vice President

Integrated solution

Truly revolutionary productsComprehensive training program

Outstanding support and total care programs Extensive service centers coverage

Aircraft exchange facilitationThird-party financing packages

FBO and aircraft management partnerships

Very Light

Light

Mid-light

Mid-size

Super Mid-Size

Large

Ultra-Long Range

Global

Product portfolio expansion (jets)

Legacy 600

Phenom 300

Phenom 100

Market Figures

Market Figures

Business Aviation Market Size

Source: AT Kearney and Embraer estimates

10.5

1.02.2

3.8

4.1

1.9

1.22.6

4.5

6.0

3.3

2004 2014

Airframe / OEM

Completion and Refurbishment

MRO

FBO

Aircraft ManagementCharter and

Fractional Ownership

23.4

16.0

33.6

(2004 US$ billions)

Significant Expansion

Market Forecast - main drivers

Historical Forecast

Source: Global Insight

Source: NYC Financial Planning + Embraer Analysis

Source: NYC Financial Planning + Embraer Analysis

S&P 500

-

500

1.000

1.500

2.000

2.500

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

Po

ints

US Corporate Profits

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

-

500

1.000

1.500

2.000

US

$ B

illio

n

US GDP

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

-

4.000

8.000

12.000

16.000

US

$ B

illio

n

Less options for the “premium” passenger

Commercial aviation user dissatisfaction

Source: Embraer analysis

85%76%

64%51%

87%

72%65%

50%

11%

35%

3% 5% 9% 12% 8%17% 16% 15%

5%

37%

27%

19%12%

19%

0%

20%

40%

60%

80%

100%

1995 2000 2005E 2010E 1995 2000 2005E 2010E

Network Low Cost Regional

USA Europe

Commercial aviation user dissatisfaction

.

Low flexibility – total travel time increasing (door-to-door) Long check-in procedures – hassle factorDecreasing number of cities served by airlinesCongested “hubs” (70% of North-American passengers uses only 30 airline hub-airports)

Short duration trips (averaging 300 nm) – air travel alternatives are as long as car travel“Premium” passengers are not well-served

New air travel options are being developed

2006-2015 Market Forecast (deliveries) - World

Product Categories (jets)

9,680 Aircraft � US$ 144 billions in the next 10 years

Units

26%

18%

11%

10%

15%

10%

8%

2%GLOBAL

ULTRA-LONG RANGE

LARGE

SUPER MID-SIZE

MID-SIZE

MID-LIGHT

LIGHT

VERY LIGHT

US$

4%8%

7%

10%

20%

20%

25%

6%

* not including air taxi demand (2,500 – 3,000 a/c)

2006-2015 Market Forecast – Very Light segment

Very light segment expected to reach 26% of total deliveries

VERY LIGHT

26%

18%

11%10%

15%

10%

8%

2%

Very Light Light Midlight Midsize SuperMidsize

Large Ultra-longRange

Global

2,515 *

* not including air taxi demand (2,500 – 3,000 a/c)

2006-2015 Market Forecast – Light segment

Light segment will answer for 18% of total deliveries

LIGHT

26%

18%11%

10%

15%

10%

8%

2%

Very Light Light Midlight Midsize SuperMidsize

Large Ultra-longRange

Global

1,755

2006-2015 Market Forecast – Super Midsize segment

Super midsize segment: 15% of total deliveries

SUPERMIDSIZE

26%

18%

11%10%

15%

10%

8%

2%

Very Light Light Midlight Midsize SuperMidsize

Large Ultra-longRange

Global

1,415

NBAA 2005 Press ConferenceLegacy 600 - Program Update

November 08th, 2005

Luís Carlos AffonsoSenior Vice-President, Executive Aviation

The world discovers the Legacy 600

60 aircraft, 15 countries, the right choice

Competitive Analysis – Floor Plans

Superior Privacy and Comfort

Legacy 600

Connectivity

Connected at the speed of business

128 kbps wireless network powered by Inmarsat Swift64© satellite communication service, providing:

En route productivity enhancement

In-flight office

Upgradable to future available B-GAN service (up to 432 Kbps per channel)

Available as of 2Q 2005

HSD - High Speed Data

DELIVERED

Sound Quality Improvement

Insulation material improved

Communication enhancement through the aircraft

Enhanced In-flight quietness

Reduced noise variation along the aircraft

Maximize your flight experience

Available as of 4Q/2005

Legacy 600 - Landmarks

Promises made … promises delivered

41,000 ftCeiling

CTA / FAA / JAA / CIS

New Interior

Range

MaintenancePlan

LCYOperation

Short Runway

Performance

2002

Certification

Enhancements

2003 20052004

Window Shade

HSD

9,500 ft Take-offLandingAltitude

Legacy 600 - Landmarks

And more on the way

41,000 ftCeiling

CTA / FAA / JAA / CIS

New Interior

Range

MaintenancePlan

LCYOperation

Short Runway

Performance

2002

Certification

Enhancements

2003 20052004

Window Shade

HSD

9,500 ft Take-offLandingAltitude

DELIVERED

LED lighting

Enhancementsto come

EVS

EFB

Avionics -New

weather radar

anthenna

ICE – Air Show

System update

Baggage compartmentimprovement

Super midsize category market share

Consistent deliveries performance

15%

8%

11% 11%

2002 2003 2004 2005-2014

Phenom 100 and Phenom 300 Program Update

November 18th, 2005

Luís Carlos AffonsoSenior Vice-President, Executive Aviation

Integrated Development

Embraer uses a full range of technologies to enable a complete development

integration for its products.

It is a successful heritage that comes from Embraer Commercial aircraft

experience and is being applied to Embraer Very Light and Phenom 300s

Integrated Development

Preliminary dataCross Section Evolution

5ft 1 in

4ft 1

1in

3ft 2in

ORIGINAL

Phenom 100

Preliminary dataCross Section Evolution

5ft 1 in

4ft 1

1in

3ft 7in

5ft 1 in

4ft 1

1in

3ft 2in

Oval Lite™

Phenom 100

ORIGINAL

Phenom 100

Preliminary data

Interior design

Designed byDesigned by

Interior design

Phenom 100

Preliminary data

Designed byDesigned by

Baggage Compartment

Competitors Baggage Compartment

Eclipse 500(1): 26 cu.ft.Adam 700(2): 25 cu.ft.Cessna Mustang(3): 49 cu.ft. (external: 20 FWD + 25 AFT ; internal: 4)

45 45 cu.ft.cu.ft.

5 cu.ft.

Sources

55 cu.ft divided into pressurized and non-pressurized areas

Spacious enough for sporting gear

Interior

Preliminary data

5 cu.ft.

Phenom™ 100 by Embraer

All preliminary data – images for illustrative proposes onlySummer Baggage Capacity

4 Golf Bags9 in x 46 in Diameter (0.23 m x 1.17 m)

4 Garment Bags(21 in x 23 in x 8 in) 0.53 m x 0.58 m x 0.2 m

4 Roll-on Bags(22in x 14in x 10in) 0.56 m x 0.36 m x 0.25 m

4 Small Bags(16.5 in x 13.5 in x 4 in) 0.42 m x 0.34 m x 0.11 m

InteriorPhenom™ 100 by Embraer

Interior Design

Contracted Suppliers

by

EnginesHydraulicsFlap ActuatorsThrust ControlLanding Gear Control LeverLanding Gear Hydraulic Components

Avionics

Why Garmin

G-1000 is the best choice...

Product compliant with Embraer’s Vision

Award-winning product support - worldwide

loaner LRUs placed strategically around the world and

service center network already being trained

World-class manufacturing capability

Disciplined HALT and HAAS laboratory testing

Comfortable transition from GNS430/530 operating system

Sound business partner with outstanding brand recognition

Low risk to the Phenom 100 & Phenom 300 programs

Phenom 100 & Phenom 300 Differentiators

Maintenance Function

Embraer Phenom 100 & Phenom 300 monitors the complete aircraft systems health and route engine trend, indicating failures at LRU level, hence it maximizes trouble-shooting efficiency.

3 same P/N - Twelve inches displays

Low inventory (1 single p/n);Higher Dispatchability/ Flexibility

Integrated Standby Instrument (ISIS)Embraer optimizes space for passenger and baggage by having the main avionics equipment, in a cabinet configuration, concentrated at the 3 core avionics rack (behind the displays). Also, since it’s possible to keep the core avionics inside the pressurized area, reliability is improved.

Phenom 100

Single-pilot operation

Human-factors

Enhanced situational awareness

Glass cockpit with large displays

State-of-the-art avionics

Cockpit Design Drivers

Preliminary data

Phenom 100

Illustrative purposes only - preliminary dataProdigyTM Flight Deck

Garmin avionics platform tailored for Embraer

Phenom 100

Avionics – Prodigy™ based on Garmin G1000

Dual Primary Function Displays (PFD)

Multi Function (MFD) / Engine Info.Crew and Alert System (EICAS) display

Systems Synoptic / Moving Maps

Integrated Standby Instruments

Dual Air Data Computers (ADC)

Reduced Vertical Separation Minimum (RVSM) compatible

Flight Management System (FMS)

Dual Attitude and Heading Reference System (AHRS)

3-axis CAT I Autopilot / Flight Director

Weather OverlayPreliminary data

Airborne Audio System and Aural Warning

Mode-S Transponder

Dual VHF Communication System

Dual VHF Navigation System

Global Positioning System (GPS) – Wide Area Augmentation System (WAAS)

Emergency Locator Transmitter (ELT)

Health Monitoring

Terrain Awareness System (TAWS)

Traffic Information System (TIS)

Phenom 100

Preliminary data

Avionics – Prodigy™ based on Garmin G1000

Weather Radar

Traffic Advisory System

Voice Recording

Electronic Charts and Manuals

Electronic Checklist

CNS / ATM – Communications, Navigation and Surveillance / Air Traffic

Management

Datalink

Phenom 100

Preliminary data

Avionics – Prodigy™ based on Garmin G1000

Phenom 100

Break System: Break-by-Wire with anti-skid function

Break-by-wire• Failure detection diagnosis• No system tuning after maintenance tasks• BIT – Built and Test system availability – making initialization

tests transparent to the pilot• State-of-the-art technology available to light jets

Anti-skidPrevents tires lockup due to pilot applied pressureImproves operation on all runway conditionsEnhances braking performance

Preliminary data

Phenom 100

Direct Operating Costs

Lower than an entry level jet

Similar to King Air C90B **

* in accordance with B&CA assumptions – Typical Bizjet Operation** B&CA Operations Planning Guide – August 2005

Preliminary data

Layout Configuration Comparison – Jets

Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

Phenom 100

Phenom 100* CJ1(Entry Level Jet)

Eclipse 500 Mustang Adam 700

Phenom 100

Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

Cross-section Comparison – Jets

Phenom 100* vs. Eclipse 500

4ft 2

in

4ft 1

1in

4ft 8in

5ft 1in

Embraer Phenom 100* vs. Mustang

4ft 6

in

4ft 1

1in

5ft 1in

4ft 7in

Cross-section Comparison – Jets

Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

Phenom 100

Phenom 100* vs. CJ1 (Entry Level Jet)

4ft 1

0in

4ft 1

1in

5ft 1in

4ft 11 in

Phenom 100* vs. Adam 700

4ftt

4in

4ft 1

1in

5ft 1in

4ft 6in

2.10

241

2,950

41,000

N/A

340

1,100

A700

4.18

272

3,200

41,000

M 0.71

387

1,285

CJ1+ (entry level)

2.53

230

3,120

41,000

N/A

340

1,158

Mustang

1.47

187

2,155

41,000

M 0.64

375

1,215

Eclipse

Phenom 100

2.75List Price (US$ Million)***

305Cabin Volume (cu.ft.)**

3,400

41,000

M 0.70

380

1,160

Embraer Phenom

100Characteristics

Takeoff Field Length (ft)

Max. Operating Altitude (ft)

MMO

High Speed Cruise (ktas)

Range (nm)*

Competitive Analysis – Jets

Assumptions

Preliminary data

Layout Configuration Comparison – Turboprop

Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

Phenom 100

Phenom 100* King Air C90B

Phenom 100

Cross-section Comparison – Turboprops

Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

4ft 1

0in

Phenom 100* vs. King Air C90B

4ft 1

1in

5ft 1in

4ft 6 in

2.772.75List Price (US$ Million)

N/A305Cabin Volume (cu.ft.)

3,400

41,000

M 0.70

380

1,160

Embraer Phenom 100

2,712

30,000

N/A

246

933

King Air C90BCharacteristics

Takeoff Field Length (ft)

Maximum Operating Altitude (ft)

MMO

High Speed Cruise (KTAS)

Range (nm)*

Phenom 100

Competitive Analysis – Turboprop

Preliminary data

Assumptions

The largest window among the Light Jets

0.82413.319.76Citation Sovereign

0.8709.7616.34Citation Mustang

0.71912.918.50Learjet 40

0.83011.9310.59Learjet 60

0.85114.9610.43Hawker 400 XP

0.99614.1611.10Citation XLS

0.835

0.699

1.151

Area (sq.ft.)

11.779.29Citation CJ2/CJ3

12.6010.16Hawker 800 XP

13.7813.07Phenom 100

B (in) A (in)

Preliminary dataWindow Dimensions Comparison

Phenom 100

A

B

Source: Conklin & de Decker Aircraft Comparator 2003/2004

Phenom 100

Entry into Service: mid-2008Price: US$ 2.75 million

Embraer Phenom300

Phenom 300

Preliminary dataCross Section

Phenom 300

5 ft 1 in

9 in

18 in

4ft 1

1in

3 ft 7 in

Phenom 300

Layout Configurations

Preliminary data

8 occupants

9 occupants

14 ft

16 ft

Preliminary data

Interior Design

Phenom 300

Designed byDesigned by

76 cu.ft of baggage capacity

Baggage Compartment - 66 cu.ft

Wardrobe - 5 cu.ftRaft compartment - 7 cu.ft

Refreshment Center - 10 cu.ft

Closet - 3 cu.ft

Baggage Capacity

Sources

Competitors Baggage Compartment

Hawker 400XP: 47 cu.ft.

Citation Encore: 69 cu.ft.

Learjet 40: 65 cu.ft.

Preliminary data

Phenom 300

Phenom 300

Illustrative purposes only - preliminary dataProdigyTM Flight Deck

Garmin avionics platform tailored for Embraer

Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

Phenom 300

Layout Configuration Comparison

Phenom 300* CJ3 Encore(Mid-light)

CJ2+ Bravo

Layout Configuration Comparison

Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

Phenom 300

Layout Configuration Comparison

Premier I Hawker 400XPPhenom 300*

Phenom 300

Cross-section Comparison

Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

4ft 1

0in

4ft 9

in

4ft 1

1in

4ft 11in

5ft 1in

Phenom 300* vs. CJ2+ / CJ3 / Encore (Mid-light)

4ft 1

1in

5ft 1in

4ft 10in

Phenom 300* vs. Bravo

Cross-section Comparison

Source: Conklin & de Decker Aircraft Comparator 2003/2004 – Manufacturers’ web sites and promotional material * Preliminary data

Phenom 300

Phenom 300* vs. Premier I

5ft 5

in

4ft 1

1in

5ft 1in (1.55m)

5ft 6in

Phenom 300* vs. Hawker 400XP

4ft 1

0in

(1.4

7m)

4ft 1

1in

4ft 11in (1.50m)

5ft 1in (1.55m)

Preliminary data

8.156.436.045.386.65List Price (US$ Million)

3,4903,1803,6003,4203,700Takeoff Field Length (ft)

45,00045,00045,00045,00045,000Maximum Op. Altitude (ft)

M 0.755M 0.737M 0.70M 0.734M 0.78MMO

426415400407450High Speed Cruise (KTAS)

1,7801,7741,5191,5501,800Range (nm)*

EncoreCJ3BravoCJ2+Phenom300Characteristics

Assumptions

Phenom 300

Competitive Analysis

Assumptions

Preliminary data

6.995.826.65List Price (US$ Million)

3,9063,7923,700Takeoff Field Length (ft)

45,00045,00045,000Maximum Op. Altitude (ft)

M 0.78M 0.80M 0.78MMO

450451450High Speed Cruise (KTAS)

1,4821,2321,800Range (nm)*

Hawker 400XPPremier I

Embraer Phenom

300Characteristics

Phenom 300

Competitive Analysis

Phenom 300

Entry into Service: mid-2009Price: US$ 6.65 million

Integrated Solutions

November 18th 2005

Luís Carlos AffonsoSenior Vice-President, Executive Aviation

Comprehensive Training Program – Phenom 100 / Phenom 300

Phase 1:

Flight Skills Assessment

Phase 2:

Ground School

Phase 3:

Simulation

Phase 4:

Mentor Pilot

Pilot evaluation

� Jet Transition Course

� CBT distance learning

Classroom Training

� CBT Self Paced

� Computer Procedure Training (CPT)

� FTD and FFS developed for Phenom 100 & Phenom 300

An Outstanding Training Program

Preliminary data

CBT: Computer Based TrainingCPT: Cockpit Procedure TrainingFTD: Flight Training DeviceFFS: Full Flight Simulator

Flexible coverage 5, 7 or 10 years

Tip-to-tail – includes Engines

Labor for inspections and mandatory service bulletins (ASC)

Labor for troubleshooting and Mobile Team for R&I (optional)

Exchange and repair costs

Consumables and Expendables items covered

Delivery and Core Recovery Freight

Embraer Tip-to-Tail – Phenom 100 & Phenom 300 PpHProgram

Tip-to-Tail program: more residual value

NBAA 2005 – First Impressions

November 18th 2005

Luís Carlos AffonsoSenior Vice-President, Executive Aviation

Phenom 100 and Phenom 300 Unveiling - Video

NBAA 2005 - Media Coverage

NBAA 2005 - Media Coverage

NBAA 2005 - Media Coverage

NBAA 2005 - Media Coverage

Phenom 100 Interior

Phenom 300 Interior

NBAA 2005 - Media Coverage

NBAA 2005 - Media Coverage

Thank You !

Due to time span between the date of this document/presentation and the entry into service of

the aircraft, Embraer reserves the right to revise this document/presentation whenever

occasioned by product improvement, government regulations or other good cause.

The information contained herein is the property of Embraer S.A. and shall not be copied or

used in any manner except with Embraer´s written consent.