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MCI COMPLETES DELIVERY OF 42 NEW COMMUTER COACHES TO DENVER RTD

DES PLAINES, ILLINOIS, JULY 26, 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, said if Denver's bus rapid transit (BRT) riders are looking a little happier this month, it's likely due to new Commuter Coaches from MCI.

MCI has completed the delivery of 42 D-Series Commuter Coaches of a $26 million contract it announced with Denver Regional Transportation District (RTD) on March 7, 2016. The delivery follows 2013 and 2015 orders, bringing Denver RTD's fleet to include 161 newer MCI Commuter Coaches operating on Denver RTD's regular-route express service and its new Flatiron Flyer BRT (bus rapid transit) service between Denver and Boulder. The new coaches replace older models past their useful life on regular-route express service.

"MCI is once again honored to serve Denver RTD and its ridership with the latest technology and comfort on MCI's reliable new Commuter Coaches," said Tom Wagner, MCI Vice President of Public Sector Sales. "Denver RTD has made an enormous commitment to intermodal transportation with its very own Transit Center that includes bus gates and light rail, with expansion of its commuter express system to nearby cities. RTD truly stands as a successful and innovative example of how an intermodal mix gives its ridership the best options to get to where they need to be more affordably, efficiently and comfortably."

The Buy America-compliant MCI Commuter Coach features plush, forward-facing seating and overhead parcel racks with individual reading lights and airflow controls. Engineered to provide a comfortable, safe ride on express and highway routes, Denver RTD's new Commuter Coaches are each equipped with 110V/USB outlets at each seat, bike racks, a wheelchair lift and the latest clean-diesel engine technology for near-zero emissions. As 2015's best-selling coach, MCI's Commuter Coach also offers ease of maintenance and low total cost of operation. MCI's data shows the model to be 10 times more reliable than the closest competitor.

Denver RTD's FasTracks transit expansion will add 122 miles of new commuter rail and light rail, 18 miles of bus rapid transit service, 21,000 new parking spaces at rail and bus stations, and enhanced bus service across the eight-county district. Denver's Transit Center in Union Station features light rail, a 22-gate bus concourse, a Greyhound gate and Amtrak all under one roof in a bustling urban setting.

Denver RTD operates a fleet of more than 1,000 mass transit coaches. Learn more at RTD-Denver.com.

NOTE: All dollar amounts are stated in U.S. currency.

About the Company

The Company 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 and employs approximately 5,000 team members.

Through its Canadian and U.S. subsidiaries, Motor Coach Industries Limited and Motor Coach Industries, Inc., the Company is the leader in motor coaches in Canada and the U.S., 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., 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.

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

Copyright 2004-2017 Motor Coach Industries Int'l, Inc. and its subsidiaries. All Rights Reserved.