Management & Operations

New Flyer wins 1,234 bus orders

Posted on July 2, 2008

  

New Flyer Industries Inc. has received orders over the last three months for up to 1,234 buses (1,567 equivalent production units or “EUs”) for a combined value of over U.S. $706 million.

 

Of these orders, 1,108 buses (1,406 EUs) are new orders and 126 (161 EUs) are exercised options.

 

When combined with orders reported in a March press release, New Flyer has announced a total of 2,487 bus orders (3,116 EUs) valued at over US $1.3 billion in 2008.

 

 

These orders are for a variety of vehicle configurations, including 35-, 40- and 60-foot buses with clean diesel, electric trolley, hybrid, and compressed natural gas (CNG) and liquefied natural gas (LNG) propulsion systems

 

Tri-Met in Portland, Ore. has ordered 40 40-foot clean diesel buses with options for 160 additional buses. TransLink in Vancouver, B.C. has ordered 24 60-foot electric trolley buses (48 EUs) and exercised options for 10 60-foot electric trolley buses (20 EUs) and Valley Metro in Phoenix has ordered a total of up to 379 buses (firm and options), including 40-foot and 60-foot vehicles across diesel, CNG and LNG fuel types (385 EUs).

 

 

Other new contracts and options total 593 buses (822 EUs).

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