December 30, 2008

Soubry next New Flyer president/CEO

New Flyer Industries Inc.’s board of directors appointed Paul Soubry as its next President and CEO, effective Jan. 19, 2009.

Soubry, who previously served as president/CEO for StandardAero, will succeed John Marinucci, who is retiring but will continue as a member of New Flyers’ board and remain as a senior executive until the end of March 2009, to help manage the transition process.

“I am looking forward to working with a first class organization like New Flyer and leading its dedicated team of employees in Canada and the U.S.,” said Soubry. “Together we can continue to grow and strengthen the business for the benefit of our customers, employees and securityholders.”

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