Pros
Embraer gives fair benefits. You have job security, because there's always more work than hands to do it. Engineering dept. specific: Reasonably relaxed work environment (business casual, jeans on Friday, salary, track your own hours).
Cons
The parent company is in Brazil. If you don't speak Portuguese fluently you'll be spinning your wheels more often than not. Little *real* growth potential when you already get paid more than your Brazilian counterparts but don't qualify or there is no opening for lead or management roles. Engineering dept. specific: Management is disorganized, non-communicative, or just plain short-sighted. There is no evidence of planning ahead. Projects launch without sufficient information, issues raised are ignored until inevitably delivery dates are missed, employees are pressured to "get it done now" instead of "get it done right" and the processes are ignored and this creates new issues and compounding delays.