More bad news for Six Flags

[onyxhotel08]

Seiously, how will the debt go down enough for them to invest in more quality rides? How many years or lifetimes will it take? If that is what is keeping them from giving money making parks like Great America decent additions every 2-4 years then I will not live to see the next coaster at SFGam.

[FParker185]

well inevitably Six Flags will file Chapter 11 and reorganize into a much leaner, more profitable company less straddled with debt. A lot of the non core parks will likely get sold off, and basically Six Flags will be back to what it was around say 97-98. I think this is probably the most reasonable outlook on the future of Six Flags.

[onyxhotel08]

Wonder when that will happen...

[JordanSDMF]

I love six flags, and the parks they make, they are classic, but if anything happens, I pray we get sold to Cedar Fair. All of the Paramount parks were, and they seem to be doing pretty good. Also, we have the cedar fair feel, because we are no Busch with amazing theming, or Disney with more amazing theming and resorts, we are more just like.. an Amusement Park.

But then again, is cedar fair doing good? Like, money wise?

Edit: Also, as to what you were saying above, I see Shapiro being the death of SF. His ideas will kill it all.

[FParker185]

Cedar Fair is I believe just short of, or just over $2 billion in debt, they do generate profit though annually unlike Six Flags.

[onyxhotel08]

I dunno if I want them taking over Great America...

[JordanSDMF]

^Who would you like?