Six Flags Confirms An Increase In Operating Income

[Oscar]

Six Flags has confirmed in a financial release that in 2008 they operated at a positive cash flow. Their operating income actuall trippled to $114 million and this is the first time ever for the company. Creditors attribute this Shapiro's 3 year plan to turn around the company. However, this does not mean the company is soaring freely. It is still in much debt and seeing how the economy is going, it doesn't mean that the company will have a possitive cash flow for 2009.

Total revenue incresed 5% to $50.5 million which brings the grand total to $1.02 billion. This is due to attendance going up for 2008. Chainwide, attendance went up 2% or 23.5 million more guests.

More detailed information can be found here: Six Flags Financial Release

In order to keep Six Flags profiting, purchase your tickets and season passes now. Click the following banner to make your purchase and have a blast at your favorite Six Flags Theme Park.

But there always is bad to go with the good.

http://www.themeparkinsider.com/flume/200903/1090/

Just gotta play it out, take some risks, gain some wins, see whur life takes yaaa. Good luck SF [:)]

[Oscar]

In a turn of events, Six Flags announced that it simply cannot get over the debt it has and may be forced to file Chapter 11 bankruptcy. As a result, Six Flags Inc. stock fell 20% to a low figure of just 15 cents a share.
So, who wants ownership of Six Flags? About $500 will make you 51% owner right about now [:)]

Source?

Edit: Nevermind, found an article. I really hope they're able to pull through this, the new management seemed like they had good intentions for the franchise.

...i read the bad news here :
http://nv.parkothek.info/article/000004 ... llite.html