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BRIAN DEWSNUP TO LEAD MCI AFTERMARKET BUSINESS

DES PLAINES, ILLINOIS, MAY 23, 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 today that Brian Dewsnup has been named Vice President and General Manager of MCI Aftermarket.

Mr. Dewsnup, previously the Vice President, Business Development of New Flyer of America Inc., the U.S. heavy-duty transit bus manufacturer of the Company, succeeds Mr. Wolfgang Winzer, who is retiring after four years at MCI.

Mr. Dewsnup was part of the New Flyer team that completed the MCI acquisition, and was previously the Vice President and General Manager of Operations of North American Bus Industries, Inc., which the Company purchased in June 2013. Mr. Dewsnup will continue to report to Mr. Paul Soubry, President and Chief Executive Officer of the Company.

"We are pleased that Brian will be stepping into the leadership role on the MCI Aftermarket team, an important assignment within our company," said Mr. Soubry. "Brian will lead the Aftermarket team to execute its annual operating plan and continue the development of long term strategy in areas ranging from faster and more competitively priced parts shipments to improving the entire customer aftermarket experience."

Mr. Dewsnup will continue MCI's new service commitment announced earlier this year placing an emphasis on value and improvements in coach uptime. MCI has added free standard shipping on parts orders of all sizes, with no minimum order and better parts inventory at expanded warehouses branches at MCI Service Centers in Los Alamitos, California, and Dallas, Texas.

About the Company

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

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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