Voluntary administrators have been appointed to Ruapehu Alpine Lifts Limited, which will keep it trading while trying to figure out the best way forward.
The company runs Mt Ruapehu's Whakapapa and Turoa ski areas - currently employing 196 staff.
Covid-19 and poor weather has meant the fields have significant cash flow issues.
Ruapehu mayor-elect Weston Kirton is most worried about those who work there and he'll be doing everything he can to cater for them using the mayoral taskforce.
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