06.14.09
Six Flags Enters Chapter 11
Six Flags has entered bankruptcy protection to help eliminate $1.8 billion of it’s $2.4 billion debt load. The company has been trying to restructure it’s debt but has been unsuccessful in today’s economic climate. A company spokesman has said that guests will not notice any difference in their visits to parks.
12.14.08
Six Flags in Qatar
Six Flags announced a strategic partnership with Oryx Holdings to develop Six Flags brand in Qatar. The park and entertainment center will initially be about 500,000 sq. ft. It is expected to open by the middle of 2012.
09.01.08
New Life for Six Flags New Orleans
It is being reported that Souther Star Amusement is in negotiations to take over the lease to the Six Flags New Orleans property. They have some interesting plans including over 60 rides, a water park and a sulf sufficient levee system built around the property. Their website is down at the moment due to hurricane Gustav, but should be back soon. I hope this is true since the residents could use some good news for once.
Read: SouthernStarAmusement
Read: New Orleans News