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Rockaway Express

MARTA Gets A New Flyer Order For 295 Buses

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Winnipeg, Manitoba, Canada – June 17, 2013:  (TSX:NFI; TSX:NFI.DB.U) New Flyer Industries Inc. (“New Flyer” or the “Company”), the leading manufacturer of heavy-duty transit buses in the United States and Canada, announced today that the Metropolitan Atlanta Rapid Transit Authority (“MARTA”) has awarded New Flyer a contract for 265 30-foot and 40-foot heavy-duty buses with compressed natural gas (“CNG”) propulsions.

The contract for 265 buses contains a firm order of eight Low Floor Restyled (“LFR”) CNG 30-foot buses(First CNG 30 Foot Restyled Buses) and 80 Xcelsior™ CNG 40-foot buses with options for an additional 177 Xcelsior™ CNG or hybrid 40-foot buses to be exercised at a later date.

“We are excited to bring these New Flyer buses on board to enhance service to our customers,” said MARTA Chief Operations Officer Rich Krisak. “These buses, which will replace vehicles that have reached retirement age, are equipped with advanced technology to provide an overall better, more reliable transit experience.”  

Since 1990, New Flyer has built and delivered 926 buses for MARTA in various models, lengths and propulsions.  MARTA’s 91 bus routes employ over 531 buses and served more than 62 million passenger boardings in fiscal year 2012.  With the majority of its fleet represented by CNG buses, Atlanta has demonstrated its commitment to pursuing favorable sustainability practices.  CNG systems reduce greenhouse gas emissions when compared to standard diesel propelled buses, leading to a healthier environment.

“We value our relationship with MARTA and commend them on their environmental commitments,” said Paul Soubry, President and CEO of New Flyer. “MARTA has become a great example of a green transit company. Not only do they work hard to reduce greenhouse gas emissions within the city, they strive to offer an efficient and enjoyable means of travel in order to expand its base of transit users and reduce traffic congestion.”

The firm order of 88 buses is anticipated to begin production in the second quarter of 2013.  All buses are expected to be delivered by the fourth quarter of 2013.

Edited by Rockaway Express
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They would have bid, but NFI has been winning MARTA's orders for years so Orion would have been an underdog.



You never know as MARTA did have VII's in their fleet so it could have gone either way

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