NFI Group receives 50-Xcelsior order from OC Transpo

Executive Summary

• NFI Group Inc.'s subsidiary, New Flyer Industries Canada ULC, secured a $75-million order from OC Transpo (City of Ottawa) for 50 New Flyer Xcelsior 60-foot clean-diesel buses.
• The order, executed under a Metrolinx contract, adds 100 equivalent units to New Flyer's second-quarter backlog and aims to replace aging fleet vehicles to improve transit reliability.
• This marks Ottawa's fourth order of New Flyer buses in two years, reinforcing NFI's position in the Canadian market and supporting the city's modernization efforts.

Key Details

• Customer: OC Transpo (City of Ottawa).
• Product: 50 New Flyer Xcelsior 60-foot clean-diesel articulated buses.
• Contract Value: Approximately $75 million.
• Backlog Impact: Adds 100 equivalent units to New Flyer's second-quarter backlog.
• Contract Structure: Made under a Metrolinx contract.
• Strategic Context: This is Ottawa's fourth order of New Flyer buses in the past two years; the city also recently invested in New Flyer battery-electric 40-foot heavy-duty buses.
• Operational Context: OC Transpo moves nearly 100 million annual customer trips across its integrated system (bus, O-Train, and Para Transpo).

Notable Quotes

• "OC Transpo continues to modernize its fleet with high-capacity articulated buses that support the growing needs of Ottawa's communities," said Chris Stoddart, president, North American bus and coach, NFI. "The New Flyer clean-diesel articulated bus provides best-in-class passenger capacity, accessibility and comfort while reinforcing our long-standing partnership with OC Transpo."