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New Zealand ski areas lacking snow face possible bankruptcy

FILE- The ski slopes are almost devoid of snow at the Tūroa ski field at Mt. Ruapehu, New Zealand on Sept. 21, 2022. Two of New Zealand's largest ski areas on Tuesday, Oct. 11, were placed into a type of bankruptcy proceeding following a disastrous winter season with barely any snow. The Tūroa and Whakapapa ski areas, which are both owned by Ruapehu Alpine Lifts, entered what is called voluntary administration.(AP Photo/Nick Perry, File)