Here is a link to the information: https://liftblog.com/2020/04/06/alterra-furloughs-staff-delays-mammoth-lift-construction/
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California/Nevada Alterra Furloughs Staff, Delays Mammoth Lift Construction
- Thread starter JWMN
- Start date
- Joined
- Nov 18, 2015
- Posts
- 873
Expected but sad.
Alterra Mountain Company is privately owned by KSL Capital Partners and Henry Crown and Company. KSL is a private equity company that invests in hospitality, recreation, real estate, and travel services. Henry Crown and Company owns stakes in NY Yankees, Chicago Bulls, Aspen Skiing Co., JPMorganChase Bank, Rockerfeller Center, General Dynamics.
All this makes it hard to know Alterra's debt obligations. In any case with the shortened ski season, poor snow & low visitor levels in some areas, and next winter a total unknown, it is important that the company do what's necessary to stay alive.
All this makes it hard to know Alterra's debt obligations. In any case with the shortened ski season, poor snow & low visitor levels in some areas, and next winter a total unknown, it is important that the company do what's necessary to stay alive.