Embraer Releases Chinese Market Outlook for 2010-2029

São José dos Campos, November 17, 2010 – Embraer released its outlook dedicated to the Chinese market for 2010-2029 during a press conference held on the opening day of the eighth China International Aviation & Aerospace Exhibition (Airshow China 2010, November 16 to 21, www.airshow.com.cn/en), in the city of Zhuhai, Guangdong Province.

The market outlook provides analyses of present and future growth trends of the air transportation industry in China, and presents the Company’s vision regarding the future development of China’s regional aviation market. In line with the expansion of China’s aviation market and economic development, Embraer forecasts a total demand of 950 new regional jets over the next 20 years, consisting of 20 for 30-60 seats, 425 for 61-90 seats, and 505 for 91-120 seats.

“China’s booming economy fosters the development of its regional aviation market, which generates great opportunities for players in the aviation industry,” said Guan Dongyuan, President of Embraer China. “Since we delivered the first jet in China, in 2000, the fleet now in operation totals 77 airplanes, out of 105 firm orders, making Embraer the major supplier of airplanes up to 120 seats in the country. We will continue to provide state-of-the-art products and outstanding services to this promising market, demonstrating our high commitment to Chinese development.”

The forecast points out that the rapid development of the Chinese High Speed Train (HST) system calls for the transportation industry to adapt to this new scenario, where regional aviation will continue playing an indispensable role. The HST tends to concentrate on high density markets, while regional aviation will still expand into low- and mid-density sectors, supporting the Chinese policy of regional integration.

Embraer’s Chinese Market Outlook also forecasts opportunities for airplanes up to 120 seats to play an important role in efficiently rightsizing narrowbody fleets, developing new routes at low cost, and adding flight frequencies, as well as reducing emissions, for sustainable air transport industry development. The detailed Embraer Market Outlook (2010-2029) is available at www.embraer.com