As some have been predicting over the past few years, and most especially during this economic downturn, Six Flags, Inc. announced that it is fi... Click here to read more...

Original discussion here...

http://www.thrillnetwork.com/boards/...ankruptcy.html

Also, regarding this... they have said it will be business as usual... this is just a debt reduction move.

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ThrillNetwork Webmaster/Systems Administrator -- My Official Fansite -- Get Firefox!
Everytime I ride a coaster, it valleys. I've never been on a stalled coaster or had one roll back (except Wicked Twister and what was Superman: Ultimate Escape, which does that by design).

I was expecting this to happen to year. I was just waiting for the US auto companies to do it first. I should not be happy but I do find I'm glad they are doing this since it seems cool to do it this year. That's a lame excuse. I'm glad they say that it will be business as usual for this year but I'll still keep an eye out for the end of the season. I'm glad I got to SFA and SFKK this year. Will Cedar Fair do it in the next two years or so and not look nearly as cool?

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Thrillnetwork Moderator - Sophomore Original sn: CHILLERLC1
2008 & 2009 TN Coaster Draft Champion
You knew I wanted the other repeat too

Hopefully, they'll sell off SFKK. It wasn't a craphole of a park until Six Flags bought it. It would be nice to see it become visitable again: Better staff, more investment, more maintenance, fewer dismemberments.

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ThrillNetwork Lead Moderator
My neighbor got a big new house, and all I got was his lousy payments

Almost all of Six Flags parks are crap holes. 2 of the parks in Ohio that Six Flags owned went down hill. Cedar Fair tryed to save Geauga Lake but couldnt save all of it. And the Columbus Zoo owns the waterpark that Six Flags sold to them. Now called Zoombezi Bay.

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People can boo me and people can cheer for me. But when they stop making noise for me then its time to retire and hang up the gloves.

Dale Earnhardt Sr.

Maybe they can get a leg up on the competition?

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YOUR HATRED AMUSES ME

It's always funny to see people say that Six Flags is a craphole park, but let's just ask this. With the exception of Cedar Fair, name 5 amusement parks in the US where you can ride a good 8-10 GOOD quality roller coasters? I'm still thinking here. Every Six Flags I've been to, with the exception of Astro World, was beautiful parks. I think the Cedar Fair fan boys need to stop over generalizing their bad visits and wake up already. Because without Six Flags, your coaster counts would be, if you visited every Six Flags, at LEAST 100 coasters shorter. Bankruptcy is not necessarily a bad thing, many companies have done it before and come out of it successfully. Six Flags will do the same too.

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Never argue with an idiot. They bring you down to their level..... and beat you with experience.

I said ONE Six Flags park is a craphole, and I stand by that. A girl got maimed for life because of seriously negligent maintenance coupled with poor operator training. The park wasn't like that before SF took over. I only speak poorly of the one park because it's the only one I've been to.

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ThrillNetwork Lead Moderator
My neighbor got a big new house, and all I got was his lousy payments

Chapter 11 is not much to worry about right now. We should start worrying if they file chapter 7. Six Flags will make it through this.

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We're all talking like they have to shed a lot or they're in danger of going to Chapter 7 or have to divest assets. Right now, the talk is totally otherwise.

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ThrillNetwork Webmaster/Systems Administrator -- My Official Fansite -- Get Firefox!
Everytime I ride a coaster, it valleys. I've never been on a stalled coaster or had one roll back (except Wicked Twister and what was Superman: Ultimate Escape, which does that by design).

Hopefully they can turn it around.

And as far as the comment about them all being crap holes, (not referring to Brian) SFOG and SF St Louis are both very nice parks IMHO. SFA and SFKK though were both a disappointment.

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Intimidator Coming in 2010 to Carowinds!

This year I've turned the page on SFA and SFKK being crap holes except for looking at the urban lot next door and the boarded up portion of the storage shed on Chang. I didn't fry in the sun at either as well to bother my day. I took DHollon's advice to ride Penguin's Blizzard River. It's a great rapids.

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Thrillnetwork Moderator - Sophomore Original sn: CHILLERLC1
2008 & 2009 TN Coaster Draft Champion
You knew I wanted the other repeat too

You have to love these new reports about it being business as usual. Of course it will be the parks have opened and have their operations budget for the year. So they wouldn't even feel a pinch do to it until the season is over and they prepare for next year.

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Michael C

I'm looking forward to see the "Parks are open" ads soon.

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Thrillnetwork Moderator - Sophomore Original sn: CHILLERLC1
2008 & 2009 TN Coaster Draft Champion
You knew I wanted the other repeat too

I Want them to sell of Pretty Much all the Remaining Premier-Parks Which are:

- SFAm
- SFKK
- TGE
- SFMex
- LR
- SFNO

Sell off the Bad Eggs (IMO) and keep the Major League Well Liked Bread-N-Butter Parks.

^ You have to keep in mind that although liquidating assets sounds like a solution, the company will not be able to fetch much for those properties in the current real estate market. And that's EVEN if they can court a serious buyer (highly unlikely in this credit crunch).

Also, with every property sold, the company's annual cash flow is reduced by millions.