Skip to main content

New Flyer Industries Inc. is hopeful a $216-million (U.S.) contract to build buses for New York City's transit system could lead to hundreds more bus orders down the road.

The contract will see New Flyer's U.S.-based subsidiary, New Flyer of America Inc., build 135 compressed natural gas heavy-duty transit buses for the New York Metropolitan Transit Authority, with options for as many as 340 more.

"We are hopeful that the options will get converted," New Flyer's chief financial officer, Glenn Asham, said Monday. "New York is a very large buyer of buses and we'll see what happens as they come out with future procurements."

Story continues below advertisement

If the options are exercised, this would add hundreds of millions of dollars to New Flyer's order backlog.

Mr. Asham said the company doesn't expect its weekly production rate to increase as a result of the initial order.

New Flyer plans to deliver two pilot buses to New York in the second quarter of 2011, with the balance of the initial ordered to be delivered in late 2011 and early 2012. The Winnipeg-based company also has an agreement with the transit authority to provide warranty and support services on site.

New York's transit authority is the largest transit agency in North America. It transports more than 11 million passengers on an average weekday and accounts for approximately 30 per cent of all transit trips in the U.S.

Since 1996, New Flyer has delivered 823 buses to the New York Metropolitan Transit Authority.

New Flyer builds heavy-duty transit buses in the United States and Canada with facilities in Winnipeg, St. Cloud, Minn., and Crookston, Minn., with more than 2,000 employees.

Report an error
Tickers mentioned in this story
Unchecking box will stop auto data updates
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

Cannabis pro newsletter