As part of its quarterly earnings report, Vail Resorts today announced one of its big ticket capital projects will be delayed due to lift manufacturer installation capacity. While work will begin this month on the planned Fitzsimmons 8 project, the Jersey Cream six passenger lift installation has been postponed to 2024. Both new lifts were slated to replace aging high speed quads. “Doppelmayr Canada has informed Vail Resorts that they cannot install both lifts this summer due to their labor and resource constraints,” said Vail in a statement. While equipment for both Fitzsimmons and Jersey Cream is coming largely from two postponed projects in Park City, the biggest constraint manufacturers face right now is installation capacity. Capital saved from the Jersey Cream postponement will instead be allocated toward accelerating Vail Resorts’ investment in its gear rental business.

The Fitzsimmons 8 project proceeding this summer will become the first eight seat chairlift in Canada along with the recently announced Adventure 8 at Mount St. Louis Moonstone, Ontario. “We are committed to working closely with Doppelmayr to ensure that the construction, installation, and testing of Fitz moves ahead safely as planned,” said Whistler Blackcomb, noting that preliminary work for Jersey Cream would also proceed this year. Vail is also adding new lifts at Attitash, Breckenridge, Keystone and Stevens Pass this offseason.