At least two potential bidders have emerged for Ruapehu Alpine Lifts, which collapsed last October, going into voluntary administration. Administrators have been working since October trying to find a long term solution for the business, which runs both Whakapapa and Turoa ski fields. RAL has debts of $35 million, and the government has put in $10 million to keep the business running while a solution is sought. Now at least two separate bids for all or part of the business are in the offing. Kathryn speaks with John Sandford who is leading a new entity - Turoa Alpine Limited - which lodged a bid for Turoa's assets last week. Also with Life Pass Holders' representative and local Sam Clarkson.
3 Apr 2023