10:36 AM EST, 11/13/2025 (MT Newswires) -- NFI Group ( NFYEF ) said Thursday it has received a $75 million order from OC Transpo (City of Ottawa) for 50 New Flyer Xcelsior 60-foot clean-diesel buses.
The order, made under a Metrolinx contract, will replace aging buses and support more reliable, robust transit for riders across the capital region. The contract is valued at approximately $75 million and includes 100 equivalent units, which have been added to New Flyer's second-quarter backlog.
This purchase marks Ottawa's fourth order of New Flyer buses in the past two years. They recently invested in New Flyer battery-electric 40-foot heavy-duty buses, a statement said.
New Flyer shares are down $0.24, to $13.33, on the Toronto Stock Exchange.
Price: 13.31, Change: -0.26, Percent Change: -1.92