New Flyer Industries Inc., the leading manufacturer of heavy-duty transit buses in the United States and Canada, announces that New York City Transit Authority (NYCT) awarded New Flyer a federally funded contract for 120 heavy-duty 40- and 60-foot Xcelsior buses (195 equivalent units or EUs). This order was included in New Flyer’s fourth quarter backlog in the January 13, 2015 press release.
The contract is valued at $80 million and includes a firm order for 45 XD40 (45 EUs) and 75 XD60 (150 EUs) Xcelsior clean diesel powered buses. This award follows on from the most recent award in January 2014 for 276 buses, which are currently in production.
NYCT and MTA Bus Company (together, MTA) comprise the largest transit agency in North America with over 5,700 transit buses in their fleet and an annual ridership of nearly 2.7 billion. New Flyer began building buses for MTA more than two decades ago and to date have built nearly 1,500 buses, of which 977 are actively in service for MTA today.
“We are very proud to have been awarded yet another opportunity to build buses for the MTA,” says Paul Soubry, New Flyer’s President and Chief Executive Officer. “With more than 17% of their fleet now comprised of New Flyer, we look forward to building on our successful partnership. With the support of both NYCT and MTA Bus Company, New Flyer has enhanced our New York state supply base and increased our New York state content.”