UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): March 15, 2006


                             AMERICAN SKIING COMPANY
                             -----------------------
             (Exact name of registrant as specified in its charter)


           Delaware                       1-13057                04-3373730
(State or other jurisdiction of   (Commission File Number)    (I.R.S. Employer
 incorporation or organization)                              Identification No.)


               136 HEBER AVENUE, SUITE 303, PARK CITY, UTAH 84060
- --------------------------------------------------------------------------------
                    (Address of principal executive offices)


       Registrant's telephone number, including area code: (435) 615-0340


                                       N/A
         (Former name or former address, if changed since last report.)

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     |_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

     |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

     |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))





Item 2.02 Results of Operations and Financial Condition.

                  On March 15, 2006, American Skiing Company issued a press
release announcing its financial results for the second quarter ended January
29, 2006. The press release is furnished as Exhibit 99.1 to this report. This
information shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, and is not incorporated by
reference into any filing of American Skiing Company whether made before or
after the date of this report, regardless of any general incorporation language
in the filing.

Item 9.01 Financial Statements and Exhibits.

       (c)   Exhibits

       Exhibit 99.1    Press release, dated March 15, 2006 (furnished pursuant
                       to Item 2.02).








                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

Date:  March 15, 2006                  American Skiing Company



                                       By:   /s/Foster A. Stewart, Jr.
                                       -------------------------------
                                       Name:    Foster A. Stewart, Jr.
                                       Title:   Senior Vice President and
                                                General Counsel








                                INDEX TO EXHIBITS


     99.1         Press Release, dated March 15, 2006.