Six Flags to lose money for fifth straight year in 2003

Posted August 26, 2003, 5:26A | Contributed by Jeff

Six Flags, Inc. is expected to lose money for the fifth straight year in 2003. It lost $122 million in the first six months alone as attendance fell 7.2% from a year earlier, the company said last week. Already saddled with debt, Six Flags was hurt further by the sluggish economy, weak consumer confidence and lousy spring weather in the Midwest and East.