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AJL INTERNATIONAL ENTERS CHARTER SERVICE WITH FOUR NEW MCI® J4500s

DES PLAINES, ILLINOIS, APRIL 27, 2016: (TSX:NFI) (TSX:NFI.DB.U) Motor Coach Industries ("MCI"), a subsidiary of New Flyer Industries Inc. (the "Company"), the largest bus and motor coach manufacturer in North America announced the delivery of four 2016 MCI J4500 coaches to AJL International Worldwide Chauffeured Transportation. The move marks a first in coaches for AJL that enhances its 20-year highly successful business in corporate ground transportation.

"We selected the J4500 due to the sleek look of the coach and its modern amenities," said Matthew Johnston, president of AJL International. "The J4500 lines up with everything AJL stands for: first class chauffeured transportation services."

A best selling intercity coach for 11 consecutive years, the J4500 offers premium curb appeal, reliability and excellent fuel economy for the transportation demands of the major Dallas-Fort Worth metropolitan area. Featuring a Bendix braking system, AJL drivers will notice its car-like control, and turning radius of 41 feet, 9 inches with standard passive rear tag for maneuvering tight city streets. Clients are sure to appreciate the J4500's BMW USA-designed looks and AJL signature additions including plush leather seating for 56 passengers, 110-volt outlets, USB plugs and Wi-Fi.

Beyond the coach's physical features, AJL is especially attracted to the MCI Service Center located in Dallas.

"With MCI coaches, we have confidence in knowing whatever we may need, service is nearby," said Johnston. "We're just getting into the coach business, and it's vital to maintain our company's reputation of professionalism, consistency and outstanding service to our customers."

Recently, MCI added an extensive aftermarket parts warehouse to its Dallas location to better serve nearby coach operators, and MCI-trained technicians are on hand to provide maintenance and repairs.

Based at DFW International Airport in Dallas, AJL International has provided premier, high quality ground transportation services, primarily to the corporate market since 1995. Its founder, Matthew Johnston, grew up in the limousine business alongside his father, first working as a chauffeur for local Dallas-area businesses. Then, building on his father's work with the music industry, Johnston launched Johnston Limousine (later branded as AJL International after merging with Accent Limousine in 1999) and networked his way to serve the transportation needs of America's best-known musical talent and bands. While serving the music market, which is seasonal, Johnston grew the corporate side of his business, now accounting for 70 percent of AJL's sales. Today, AJL operates out of a 25,000 square-foot warehouse with more than 125 employees and staff available around the clock. Its jet-black fleet features the latest luxury models, including sedans, SUVs, eight sprinters, mini-buses and now, motor coaches which will serve both local corporate clients and long-distance charters. Learn more at www.ajlinternational.com.

About the Company

The Company employs approximately 5,000 team members and is the largest transit bus and motor coach manufacturer and parts distributor in North America with fabrication, manufacturing, distribution and service centers in Canada and the United States.

Through its Canadian and U.S. subsidiaries, Motor Coach Industries Limited and Motor Coach Industries, Inc. (together, "Motor Coach Industries"), the Company is North America's leader in motor coaches, offering the MCI J4500, which is the industry's best-selling intercity coach for 11 consecutive years, and the MCI D-Series, the industry's best-selling coach line in North American motor coach history. MCI is also the exclusive distributor of Setra S 417 and S 407 in the United States and Canada. MCI actively supports over 28,000 motor coaches currently in service and offers 24-hour roadside assistance 365 days a year.

Through its Canadian and U.S. subsidiaries, New Flyer Industries Canada ULC and New Flyer of America Inc. (together, "New Flyer"), the Company is North America's heavy-duty transit bus leader and offers the broadest transit bus product line (Xcelsior® and MiDi® models), incorporating the broadest range of drive systems available, including: clean diesel, natural gas, diesel-electric hybrid, electric-trolley and now battery-electric. New Flyer actively supports over 42,000 heavy-duty transit buses (New Flyer, NABI and Orion) currently in service.

The Company also operates North America's most sophisticated aftermarket parts organization providing support for all types of transit buses and motor coaches. All buses and coaches are supported by an industry-leading comprehensive warranty, service and support network.

Further information is available on the Company’s websites at www.mcicoach.com and www.newflyer.com.

The common shares and convertible unsecured subordinated debentures of the Company are traded on the Toronto Stock Exchange under the symbols NFI and NFI.DB.U, respectively.

Forward-Looking Statements

This press release may contain forward-looking statements relating to expected future events and financial and operating results of the Company that involve risks and uncertainties. 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, dividends are not guaranteed and will be declared in the discretion of the Company's board of directors based on the Company's financial position, liquidity and business requirements and future prospects, the covenants contained in the Company's senior credit facility could impact the ability of the Company to fund dividends and the other risks and uncertainties detailed in the disclosure documents filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedar.com. Due to the potential impact of these factors, the Company 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.

For further information, please contact:

Patricia Plodzeen Public Relations,
Tel: 847-283-0883
E-mail: pat.plodzeen@mcicoach.com

or

Jon Koffman, Investor Relations
Tel: 204-224-6672
E-mail: investor@newflyer.com

Motor Coach Industries - A New Flyer company: Corporate Address 200 East Oakton Street, Des Plaines, Illinois 60018 | Phone: 866-MCICOACH

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