New Flyer Industries Inc. received orders over the last three months for up to 1,253 buses (1,549 equivalent production units or “EUs”) for a combined value of more than $603 million.
New Flyer receives 1,253 bus orders
Value of orders worth more than $603 million.
March 19, 2008
1 min to read
The orders, which include 874 new orders (918 EUs) and 379 (631 EUs) exercised options, are for a variety of vehicle configurations, including 35-, 40- and 60-foot buses and diesel, hybrid-electric and compressed natural gas propulsion systems.
San Diego-based Metropolitan Transit System's order totaled $151 million, which included 50 40-foot CNG buses with options for an additional 300 buses, as well as an order for 12 35-foot gasoline-electric hybrid buses with options for an additional eight buses.
Additionally, Southwest Ohio Regional Transit Authority (SORTA) in Cincinnati, Ohio awarded New Flyer an order totaling $101 million for 24 40-foot clean diesel buses with options for an additional 270 buses. The award also included an order for six diesel-hybrid buses. This contract represents the first order New Flyer has received from SORTA.
Topics:Management
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