Omaha Metro launches enhanced Bus Rapid Transit service with order of high-capacity buses from New Flyer
St. Cloud, Minnesota, USA – August 6, 2019: (TSX: NFI) New Flyer of America Inc. (“New Flyer”), a subsidiary of NFI Group Inc. (“NFI”), one of the world’s leading independent global bus manufacturers, today announced that The Transit Authority for the City of Omaha (“Metro”) has issued a new order for ten compressed natural gas (“CNG”) Xcelsior® sixty-foot, heavy-duty transit buses (20 equivalent units or “EUs”). The order follows a 2018 purchase of 19 New Flyer buses.
Metro’s low-emission bus order bolsters its vision to reduce greenhouse gas emissions in Omaha while supporting the launch of its new bus rapid transit (“BRT”) route known as the Omaha Rapid Bus Transit (“ORBT”). The ORBT experience unites smart technology and streamlined travel for faster, more frequent public transportation and features onboard GPS, WiFi, and mobile fare payment upgrades, to allow payment via Metro’s app.
“As North America’s BRT leader and the only manufacturer offering a complete range of clean propulsion systems in both conventional and articulated transit buses, New Flyer is proud to have once again been selected by Omaha Metro – this time for its new progressive ORBT service,” said Chris Stoddart, President, New Flyer. “CNG powered buses reduce fleet NOx (nitrogen oxides) emissions by 90% over conventional diesel-powered vehicles. Since 1994, New Flyer has delivered nearly 13,000 CNG buses, and we know our buses will serve Omaha with the greatest accessibility and cleaner air for their community.”
Metro delivers 100% ADA accessible fixed route and express/commuter bus public transit within the city limits of Omaha, Nebraska, providing over 4.5 million passenger trips per year.
New Flyer, a leader in fully-accessible and high-capacity bus rapid transit solutions, has BRT buses operating in cities such as Cleveland, San Bernardino, Eugene, San Jose, and Seattle.
New Flyer has been leading innovation in transit for over 85 years. In 2017, it opened the Vehicle Innovation Center, the first and only innovation lab of its kind dedicated to advancing bus and coach technology, and in 2018 became the first bus manufacturer in the world to sign on to the Shared Mobility Principles for Livable Cities.
With over 8,900 team members operating from more than 50 facilities across ten countries, NFI is a leading independent global bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer® (heavy-duty transit buses), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), MCI® (motor coaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI buses and motor coaches incorporate the widest range of drive systems available including: clean diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell). In total, NFI now supports over 105,000 buses and coaches currently in service around the world. NFI common shares are traded on the Toronto Stock Exchange under the symbol NFI. News and information are available at www.nfigroup.com, www.www.newflyer.com, www.mcicoach.com, www.arbocsv.com, www.alexander-dennis.com, and www.nfi.parts.
About New Flyer
New Flyer is North America’s heavy-duty transit bus leader and offers the most advanced product line under the Xcelsior® and Xcelsior CHARGE™ brands. It also offers infrastructure development through New Flyer Infrastructure Solutions™, a service dedicated to providing safe, sustainable, and reliable charging and mobility solutions. New Flyer actively supports over 41,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 7,300 are powered by electric motors and battery propulsion and 1,600 are zero-emission. Further information is available at www.www.newflyer.com.
This press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI Group that involve risks and uncertainties. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. Actual results may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons, including market and general economic conditions and economic conditions of and funding availability for customers to purchase buses and to purchase parts or services, customers may not exercise options to purchase additional buses, the ability of customers to suspend or terminate contracts for convenience and the other risks and uncertainties discussed in the materials filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedar.com. Due to the potential impact of these factors, the NFI Group disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
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