New Flyer order book gets boost
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Hey there, time traveller!
This article was published 20/10/2010 (5513 days ago), so information in it may no longer be current.
WINNIPEG — New Flyer Industries added 861 buses, or 1,125 equivalent units, to its order books in the third quarter.
The new additions put the Winnipeg bus maker’s order book up to 9,011 equivalent units (EUs), six per cent more than its order book total at the end of the previous quarter.
The new orders are valued at $466 million US and are made up of new firm and new option orders of 813 EUs and exercised options of 312 EUs (articulated buses count as two equivalent units).
About 67 per cent of the EUs in these orders are clean-propulsion vehicles including diesel/electric hybrids or compressed natural gas propulsion systems.
The value of the order backlog increased by $300 million to $3.8 billion, compared with $3.5 billion as of July 4, 2010. Clean propulsion vehicles represent approximately 64 per cent of the total backlog.
martin.cash@freepress.mb.ca