BUSMAKERS NEWS * USA & Canada - New Flyer Receives 1,253 Bus Orders Valued at Over US $603 Million
Winnipeg,MB,Canada -CNW/Canada NewsWire (press release - Toronto,ONT,CAN) -March 18, 2008: -- New Flyer Industries Inc., the leading manufacturer of heavy-duty transit vehicles in Canada and the United States, announced today that it has received orders over the last three months for up to 1,253 buses (1,549 equivalent production units or "EUs") for a combined value of over US $603 million. Of these orders, 874 buses (918 EUs) are new orders and 379 (631 EUs) are exercised options. These orders are for a variety of vehicle configurations, including 35-, 40- and 60-foot buses and diesel, hybrid-electric, and compressed natural gas (CNG) propulsion systems... 
New Flyer's backlog as of the end of February 2008 was 7,478 EUs, which represents an increase of 41% in comparison to the 5,313 EUs in backlog at January 1, 2007. The value of the order backlog as of the end of February 2008 of US $3.05 billion has increased by 69% compared to the US $1.8 billion backlog at the start of 2007. The portion of firm orders included in the backlog has increased to US $1.39 billion as of the end of February 2008 from US $0.8 billion at January 1, 2007...(Photo: New Flyer's Model DE40LFR) Labels: busmakers' news
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