Ruapehu lifetime pass holders seek clarity on skifield future
There are thousands of Ruapehu lifetime pass holders who want to know if their ticket to ride could soon be redundant. The company's administrators, PWC, say all options are on the table, as they try to dig it out of a debt bill of around $50 million. That means there could be a new owner, asset sales, or a closure of both the skifields altogether. It means more uncertainty for shareholders and other central North Island businesses with skin in the game. Katie Todd has the story.
Source: rnz.co.nz