- The document provides Embraer's 2008 financial overview, with record high jet deliveries and revenues. Net income was lower due to hedge losses. - Guidance for 2009 estimates lower aircraft deliveries but higher revenues and an EBIT margin of 10%, with continued investments in R&D and property/equipment. - Embraer achieved or exceeded its 2008 guidance on deliveries, revenues, EBIT margin and investments.