Iwi drops bid for RAL
Ngāti Tūwharetoa has taken its offer for RAL off the table and will take legal action if the sale isn't halted
Ngāti Tūwharetoa has taken its offer for RAL off the table and will take legal action if the sale isn't halted
The Ministry of Business, Innovation and Employment (MBIE) will go to Cabinet recommending two private entities that could take over Whakapapa and Turoa.
The watershed meeting has been postponed to 13 June 2023.
Ruapehu Skifields Stakeholders Association (RSSA)
Press Release – 12th April 2023
The government has decided to advance a further $6 million bridging funding to Ruapehu Alpine Lifts to allow time for the development of an alternative commercial solution.
The Voluntary Administrators have asked life pass holders and all who have an interest in skiing or snowboarding on Mt Ruapehu to fill out two surveys.
Six representatives have been selected for the RAL Creditors Committee
Ruapehu Alpine Lifts’ voluntary administrators have been granted a six-month extension to present a plan to creditors, until May 2023.
The first meeting of creditors will be held on Friday 21 October 2022.
Ruapehu Alpine Lifts (RAL) has appointed voluntary administrators after facing significant financial problems.