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Benzinga
Benzinga
Business
Akanksha Bakshi

NFI Subsidiary New Flyer Of America Reveals Receipt Of New Contracts

NFI NFYEF TSX Department of Transportation
  • NFI Group Inc (TSX:NFI) (OTC:NFYEF) subsidiary New Flyer of America Inc. has received a new contract from the Dallas Fort Worth International Airport for four battery-electric, zero-emission Xcelsior CHARGE NG forty-foot heavy-duty transit buses. Financial terms were not disclosed.
  • DFW is the second busiest airport globally, connecting 62.5 million customers to 267 international and domestic destinations every year.
  • The Xcelsior CHARGE NG bus has high-energy batteries that extend range up to 13%, advanced protective battery packaging, and a new lightweight electric traction drive system.
  • New Flyer of America disclosed yesterday that it had secured a contract from the Maryland Department of Transportation Maryland Transit Administration to provide seven zero-emission buses.
  • Price Action: NFI shares are trading higher by 0.25% at C$12.13 on TSX, and NFYEF is lower by 3.61% at $9.09 on the last check Tuesday.
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