yes Six Flags filed for Chapter 11, all that is, is a restructuring of how to pay the debt back, it will reduce the debt and the payments they have to make, THAT IS ALL. Six Flags parks aren't going anywhere.
no layoffs
no park closings
MORE advertising
Nothing is probably going to happen at the six flags parks in 2010, you might see a new flat ride show up here and there, but 2010 is going to be pretty much a take it easy kind of year.
however Six Flags Corp. is celebrating their 50th anniversary in 2011, ALL parks will be receiving a new attraction.
I found this information out from a friend that was invited to sit in on a conference call with Mark Shapiro