Company Profile For New Flyer Industries Inc.

New Flyer Industries Inc. (New Flyer) is a Canada-based company. The Company is the manufacturer of heavy-duty transit buses in the United States and Canada, and is a provider of aftermarket parts and service. The Company operates in two business segments: bus manufacturing operations and aftermarket operations. The products manufactured by the Company include urban transit buses, bus rapid transit, airport shuttles, car rental shuttles, university shuttles, park and ride shuttles, and assignable bus options.

BRIEF: For the twenty seven weeks ended 5 July 2009, New Flyer Industries Inc.'s revenues increased 13% to $546.9M. Net loss totaled $9.9M vs. an income of $25M. Revenues reflect higher income from Bus Operations and an increase in income from Aftermarket Operations segments. Net income was offset by the presence of loss on fair value adjustment to other liabilities vs. an gain, higher interest expense and lower gains from the sale of assets.