News Roundup: Losses

  • Wire Austin gets some attention from folks who matter – the Central Texas Regional Mobility Authority.
  • Peak Resorts loses $7.9 million in the first quarter (it owns Alpine Valley, Attitash, Big Boulder, Boston Mills, Brandywine, Crotched Mountain, Hidden Valley, Hunter Mountain, Jack Frost, Mad River Mountain, Mt. Snow, Paoli Peaks, Snow Creek and Wildcat.)
  • The deropement and evacuation of the pulse gondola between the Aiguille du Midi and Pointe Helbronner makes CNN.
  • Austria’s Foreign Minister meets with former London Mayor Boris Johnson to talk Brexit.  The mayor says the Doppelmayr cowbell that came with the Emirates Air Line is one of his most prized possessions.
  • Federal receiver hopes to sell Jay Peak in the spring, says resort President Bill Stenger was duped.
  • Laurel Mountain’s new Skytrac is complete.
  • Maine’s Attorney General sues the owner of Big Squaw Mountain for not operating the ski area as promised.
  • Tamarack Homeowners meet to discuss the future of Idaho’s newest ski resort ahead of an October lift auction. Owner Credit Suisse and its operator Replay Resorts appear to be on the way out.
  • The owner of Montana Snowbowl tells the Missoulian he started construction on a new TV Mountain lift a few weeks ago and there’s a chance it will be completed in time for the coming winter season.
  • Preservation group calls abandoned mines in American Fork Canyon a “ticking time bomb,” calls on Snowbird to turn private land over to the Forest Service where the resort plans to build two new lifts.
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