6-K

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of November 2008

Commission File Number: 333-132289

Embraer - Brazilian Aviation Company

(Translation of registrant's name into English)

EMBRAER - EMPRESA BRASILEIRA DE AERONÁUTICA S.A.

Av. Brigadeiro Faria Lima, 2170

12227-901 São José dos Campos, São Paulo, Brazil

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F x Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to

Rule 12g3-2(b) under the Securities Exchange Act of 1934: Yes o Nox

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): o

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	EMBRAER - EMPRESA BRASILEIRA DE AERONÁUTICA S.A.
Dated: November 6, 2008	By:	/s/ Antonio Luiz Pizarro Manso
		Name: Antonio Luiz Pizarro Manso
		Title:Executive Vice-President Corporate and Chief Financial Officer

EXHIBIT INDEX

1. Copy of Company’s news release dated November 5, 2008 regarding new projects.

EX-99.1

EMBRAER- EMPRESA BRASILEIRA DE AERONÁUTICA S.A.

MARKET ANNOUNCEMENT

EXPLANATION REGARDING NEW PROJECTS

São José dos Campos, November 5, 2008 - With reference to statements attributed its Executive Vice-President, Finance and CFO, Antonio Luiz Pizarro Manso, during the conference telephone call for presenting the results of the third quarter of 2008, held on November 4, Embraer publicly clarifies that, at the present time, it is not seeking to associate with any other aircraft manufacturer in the world, neither does it have a project for developing large airplanes.

Market trends for commercial jets have been constantly monitored by Embraer, which always seeks placement opportunities for its current product line. Furthermore, the Company has an engineering department devoted to preliminary studies of new programs and pre-competitive technological development.

According to the Company’s strategic vision, as established and approved by the Board of Administration, initiatives for associating with other companies or for launching products could be considered, based on a thorough study of possible scenarios, and they would be promptly announced to the market.

São José dos Campos, November 5, 2008

Antonio Luiz Pizarro Manso

Executive Vice-President & CFO