Embraer S.A.

Under the Securities Exchange Act of 1934

American Depository Receipts and Common Shares

(Date of Event Which Requires Filing of this Statement)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the ACT but shall be subject to all other provisions of the Act (however, see the Notes).

1. Names of Reporting Persons. Brandes Investment Partners, L.P.

I.R.S. Identification Nos. of above persons (entities only). 33-0704072

4. Citizenship or Place of Organization Delaware

ficially owned 6. Shared Voting Power 19,204,019 ADRs and 22,403,181 ORDs

8. Shared Dispositive Power 20,536,323 ADRs and 27,665,443 ORDs

9. Aggregate Amount Beneficially Owned by Each Reporting Person 20,536,323 ADRs and 27,665,443 ORDs

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

11. Percent of Class Represented by Amount in Row (9) 14.83 %

12. Type of Reporting Person (See Instructions) IA, PN

1. Names of Reporting Persons. CO-GP, LLC

I.R.S. Identification Nos. of above persons (entities only). 73-1677697

4. Citizenship or Place of Organization Delaware

ficially owned 6. Shared Voting Power 19,204,019 ADRs and 22,403,181 ORDs

8. Shared Dispositive Power 20,536,323 ADRs and 27,665,443 ORDs

9. Aggregate Amount Beneficially Owned by Each Reporting Person 20,536,323 ADR and 27,665,443 ORD shares are deemed to be beneficially owned by CO-GP, LLC as a control person of the investment adviser. CO-GP, LLC disclaims any direct ownership of the shares reported in this Schedule 13G, except for an amount that is substantially less than one per cent of the number of shares reported herein.

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

11. Percent of Class Represented by Amount in Row (9) 14.83 %

12. Type of Reporting Person (See Instructions) CO, OO (Control Person)

1. Names of Reporting Persons. Brandes Worldwide Holdings, L.P.

I.R.S. Identification Nos. of above persons (entities only). 33-0836630

4. Citizenship or Place of Organization Delaware

ficially owned 6. Shared Voting Power 19,204,0193 ADRs and 22,403,181 ORDs

8. Shared Dispositive Power 20,536,323 ADRs and 27,665,443 ORDs

9. Aggregate Amount Beneficially Owned by Each Reporting Person 20,536,323 ADR and 27,665,443 ORD shares are deemed to be beneficially owned by Brandes Worldwide Holdings, L.P., as a control person of the investment adviser. Brandes Worldwide Holdings, L.P. disclaims any direct ownership of the shares reported in this Schedule 13G.

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

11. Percent of Class Represented by Amount in Row (9) 14.83 %

12. Type of Reporting Person (See Instructions) PN, OO (Control Person)

1. Names of Reporting Persons. Glenn Carlson

I.R.S. Identification Nos. of above persons (entities only).

4. Citizenship or Place of Organization USA

ficially owned 6. Shared Voting Power 19,204,019 ADRs and 22,403,181 ORDs

8. Shared Dispositive Power 20,536,323 ADRs and 27,665,443 ORDs

9. Aggregate Amount Beneficially Owned by Each Reporting Person 20,536,323 ADR and 27,665,443 ORD shares are deemed to be beneficially owned by Glenn Carlson, a control person of the investment adviser. Mr. Carlson disclaims any direct ownership of the shares reported in Schedule 13G, except for the amount that is substantially less than one per cent of the number of shares reported herein.

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

11. Percent of Class Represented by Amount in Row (9) 14.83 %