5th February 2024 Pure Tūroa / RALThe company says it is “very hopeful” of DOC and government approval for the deal, which will see it take over Tūroa ski field.
29th January 2024 RAL / Ski FieldsThe beleaguered operator returns to profit as the deadline looms for submissions on Tūroa’s future, which includes $32m in proposed upgrades.
6th November 2023 RAL / Ski FieldsThe community-led group says RAL staff have been given final notice and asset seizures started.
1st November 2023 RAL / Ski FieldsThe government has appointed two insolvency practitioners from Calibre Partners as the receivers of Ruapehu Alpine Lifts.
3rd October 2023 RAL / Ski Fields“We’re looking at a situation where we’re almost exactly the same position we were in last year,” warns RAL liquidator John Fisk.
28th September 2023 Opinion / RALSkiing and snowboarding have long been privileged activities but it is time to recognise Mt Ruapehu as a place of cultural and geological wonder.
28th August 2023 RAL / Ski FieldsRuapehu Alpine Lifts is marking its 70th platinum anniversary on Friday 1 September with a $70 adult weekday pass.
24th August 2023 RALRuapehu Alpine Lifts has been ordered to pay just over $433,094 for operating buses that were improperly maintained with poorly trained drivers, which led to a fatal crash.
17th August 2023 RAL / Ski FieldsRuapehu Alpine Lifts is discounting its Long Weekend access pass to encourage more visitors to spend longer at the ski fields.
14th August 2023 RALRuapehu Alpine Lifts is resuming its learning and development programmes held on the mountain following a strong start to the season and a deep snow base.
28th July 2023 RAL / Ski FieldsA decent dump of snow will allow Mt Ruapehu’s ski fields to open more of their lifts this weekend.
26th July 2023 RAL / Ski FieldsA small number of operators and regional tourism organisations have been listed as creditors of Ruapehu Alpine Lifts.
17th July 2023 RAL / Ski FieldsSnow conditions at Whakapapa and Tūroa ski fields are contributing to a strong finish to the July school holidays.
10th July 2023 RAL / Ski FieldsRuapehu Alpine Lifts is urging visitors to the Whakapapa and Tūroa ski fields to book online or call into Torpedo7 to pick up their passes this season.
5th July 2023 RAL / Ski FieldsIt hasn’t been an ideal opening but the operator is focused on moving season passes in compressed two-week campaign.
3rd July 2023 RAL / Ski FieldsSeason passes for Whakapapa and Tūroa ski fields on Mt Ruapehu are slated to be available from 1pm today for a two-week period.
27th June 2023 RAL / Ski FieldsNgāti Tūwharetoa joins Whakapapa Holdings and Pure Tūroa in the race for RAL’s ski assets.
21st June 2023 RAL / Ski FieldsIt was high noon at the watershed meeting on Tuesday, with creditors managing to shoot themselves in the foot.
21st June 2023 RAL / Ski FieldsA liquidation process will begin today with a sale of RAL’s ski operations still possible.
20th June 2023 RAL / Ski FieldsCreditors meet today for a vital vote on the future of RAL’s ski operations.
19th June 2023 RAL / Ski FieldsThe Ski Areas Association New Zealand [SAANZ] has expressed its support for a solution that ensures both Whakapapa and Tūroa ski areas can operate this season and beyond.
15th June 2023 RAL / Ski FieldsRuapehu Alpine Lifts’ voluntary administrators have recommended the liquidation of the operator and the sale of its two ski fields to the preferred bidders.
14th June 2023 RAL / Whakapapa HoldingsWhakapapa Holdings Limited reveals its plans for the ski field, season passes, and lifetime pass holders.
13th June 2023 RAL / Ski FieldsBut the bidding process is criticised for creating “a false sense of urgency” to push a deal through.
7th June 2023 RAL / Ski FieldsWages have been the biggest expense and their own bill racks up too as a solution is sought.
24th May 2023 RAL / Ski FieldsA bidder for one of Ruapehu’s ski fields plans a capital raise of up to $12m and a USX listing to help fund the operation.
12th May 2023 RALFormer RAL boss Dave Mazey is understood to be involved in one of the bids.
8th May 2023 RAL / Ski FieldsThe group behind a community effort to take ownership of Ruapehu’s ski fields has unveiled its proposed structure.
1st May 2023 Iwi / RALIwi Ngāti Rangi wants to work closely with stakeholders on the operation and potential sale of Mt Ruapehu skifield operations.
24th April 2023 RAL / Ski FieldsA community-based group bidding to take over Ruapehu Alpine Lifts’ ski operations has put the call out for support.
17th April 2023 RAL / Ski FieldsThe bid hopes to raise funding from RAL life pass holders, ski club members and the local community.
23rd March 2023 RAL / Ski FieldsA new survey aims to gauge whether Ruapehu lifepass holders would be willing to pay $1,000 for a one-time ‘settlement fee’ to reactivate their pass if a new entity or a revived Ruapehu Alpine Lifts is established.
3rd March 2023 RAL / Ski FieldsA new entity owned by Ruapehu Alpine Lifts life pass members and Sky Waka bondholders was the government’s preferred solution to save skiing at Mt Ruapehu after the operator went into voluntary administration.
8th February 2023 RAL / Ski FieldsBut the voluntary administrators say season pass promotion is on hold due to uncertainty over the future of ski at Mt Ruapehu.
8th December 2022 RALRuapehu Mayor Weston Kirton says the government’s decision to provide an additional $6m to Ruapehu Alpine Lifts’ ski operations is a vital lifeline for the region.
7th December 2022 RALThe funding allows more time to find a long-term solution for the ski fields and enables them to open next winter.
6th December 2022 RALCrowdfunding is being touted as the a viable option to save Mt Ruapehu’s skifields from closure.
24th November 2022 RALRuapehu Alpine Lifts life pass holders have launched a petition to encourage the Ministry of Business, Innovation and Employment to engage more closely with community about the future of the Mt Ruapehu’s ski fields.
22nd November 2022 RALThe trade creditors collectively comprise the fourth largest group owed money by the beleaguered ski field operator.
21st November 2022 RALThe govt and ANZ would write off $28m in debt if a new entity can be created to take over RAL’s operations.
1st November 2022 RALAn emergency loan of $4m has been provided to Ruapehu Alpine Lifts to allow it to prepare for next year’s ski season.
27th October 2022 RAL / Ski FieldsThe operator’s troubles underscore the volatility of commercial ski businesses as climate change accelerates.
21st October 2022 RALRuapehu Alpine Lifts owes $44.3m, according to a report from the voluntary administrators.
13th October 2022 RALCentral North Island iwi Ngāti Rangi says it should have been consulted on Ruapehu Alpine Lifts’ move to voluntary administration.
12th October 2022 Opinion / RALThe operator has been plagued by infighting and a legacy structure that hampered it when action was needed most.
12th October 2022 RALCovid disruption and a particularly poor season this year places the operator under significant cashflow pressure.
7th September 2022 RAL / Ski FieldsThere’s clear weather ahead following snow on its ski fields but the future of Ruapehu Alpine Lifts appears as murky as ever.
10th June 2022 RAL / Ski FieldsOperating on an active volcano has presented both challenges and opportunities for the company.
18th January 2022 RAL / Ski FieldsRuapehu Alpine Lifts says it will consider unbundling assets after two Covid-impacted seasons hit income.
3rd December 2021 RAL / Ski FieldsA plan to restructure meets resistance from life pass holders worried they will lose privileges.
