WINNIPEG, Manitoba, Canada - October 22, 2008

New Flyer Industries Inc. (TSX:NFI.UN), the leading manufacturer of heavy-duty transit vehicles in Canada and the United States, today announced that it intends to release its 2008 third quarter financial results on Friday, November 7^th, 2008.

A conference call for analysts and interested listeners will be held on Monday, November 10^th, at 9:00 a.m. (ET).  The call-in number for listeners is 800- 731-5774 or 416-644-3419.  A live audio feed of the call will also be available at:  http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2453880

A replay of the call will be available from 11:00 a.m. (ET) on November 10^th until 11:59 p.m. (ET) on November 17^th.  To access the replay, call 416-640-1917 or 877-289-8525, enter pass code number 21286972, followed by the pound sign (#). The replay will also be available on the Company’s web site at www.newflyer.com

For further information:

Glenn Asham
Chief Financial Officer
Tel: (204) 224-1251
E-mail: investor@newflyer.com