The purpose of this work is to evaluate the microstructural stability of alloy 8090 (Al-Li-Cu-Mg-Zr) when submitted to heat treatments of retrogression and reaging at different temperatures and for different time intervals. Characterization of the morphology and stability of the second phases was carried out by scanning electron microscopy (SEM), making use of the electron backscattering diffraction (EBSD) technique. Transmission electron microscopy (TEM) was also used for this purpose in virtue of the nanometric size of the second phases precipitated in the alloy. The results obtained were correlated with the mechanical properties determined by means of microhardness measurements as well as tensile tests. It was noted that the alloy exhibits a remarkable stability, not only in regard to its polycrystalline composition but also to its microstructure. The deformation texture introduced in the alloy due to its fabrication process (rolling) was found to persist after the retrogression treatment. In addition, the evolution of precipitation stages did not very considerably until the peak aging was reached. The main phases observed in the alloy were the phases delta (Al3Li), beta (Al3Zr) and T1 (Al2CuLi). During extended reaging, one can observe the precipitation of other phases such as S (Al2CuMg) and the duplex phase delta/beta. The tensile results indicated the occurrence of Portevin-Le Chatelier effect for the alloy in the as-received and short time reaged conditions. This dynamic effect, results from the interaction of dislocations with solute atoms as well as second phases particles.