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PREMIER TRANSPORTATION DEBUTS FIVE NEW MCI® J4500 COACHES FOR CHARTERS

Meets Growing Dallas-Ft. Worth Group Transportation Demands

DES PLAINES, ILLINOIS, MAY 10, 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 five 2016 MCI J4500 coaches to Premier Transportation. The delivery marks Premier's fast-paced foray into the large Dallas-Fort Worth group transportation market.

"Conventions, corporate, wedding and sporting events are very big in the Dallas-Ft. Worth area," said Eric Devlin, president and founder of Premier Transportation. "With MCI's luxury-line, high quality J4500 coaches, we are now equipped to meet this growing market demand."

According to a 2014 report from Resonance Consultancy Ltd., Dallas is America's third most desirable place to visit, offering attractions like the Dallas Arboretum and Botanical Gardens, Perot Museum of Nature and Science and George W. Bush Presidential Center, along with the Bishop Art District.

In fact, the Dallas market has seen a 24 percent rise in convention business in 2015 from 2014 that brought an estimated $900 million in economic impact during 2015. Add professional, collegiate and high school sports to the mix, and group transportation needs are only growing, according to Devlin, who expects his coach business to increase by 30-40 percent in revenues in the next two years.

"We see a need for additional capacity in motor coaches for the Dallas area," said Jennifer Watson, Director, Special Events & Industry Relations for Dallas Convention and Visitors Bureau. "With Premier, I know that I have a reliable partner that's professional and provides superior customer service. I know they'll be available at any time."

Premier's MCI J4500 coaches arrived in sleek black to match the company's brand of providing comfortable and client-oriented transportation service that is safe and reliable. Two of the five coaches are equipped with a wheelchair lifts and also feature plush leather seating and safety belts for 56 passengers, hardwood floors, individual 110-volt charging stations, eight 15-inch LCD wide-screen HD monitors with satellite DIRECT TV, music connectivity and Wi-Fi capabilities. The coach comes equipped with a Cummins engine for optimal fuel economy and near zero emissions.

Another advantage for Premier's operation is its close proximity to the MCI Service Center in Dallas, where MCI has an extensive aftermarket parts warehouse, and MCI-trained technicians on hand to provide maintenance and repairs.

Founded in 1996, Premier Transportation has extensive fleet of more than 80 luxury, late model vehicles including limousines, sedans, SUVs, Mercedes Sprinter vans, limo and shuttle buses, and of course, their new coaches. A graduate of Baylor University and a transplant to Texas, Devlin built Premier with just two vehicles and three employees that at the time was "bare bones and all hands on deck," he said. Today, the company provides 24/7 service, 365 days a year with experienced staff and highly professional chauffeurs committed to exceptional customer service. In early 2015, Premier launched its own app for iPhone and Android smartphones, making it convenient for passengers to book reservations, access trip history, and secure real-time updates on chauffeur location. Premier is an award-winning provider taking a National Operator of the Year award for two consecutive years, and recognized as "Favorite Vendor of the Year" by the American Association of Wedding Planners, six years in a row. Devlin is also the NorthStar Award Recipient for Entrepreneurism and Philanthropy from the Entrepreneurs Foundation for North Texas.

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 comprehensive 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.

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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