Six Flags 2004 plans

Well if SFDL posts a loss then it would further enhance corporate's belief that the park is not worth investing any major cap ex into.

I recently read an article over at thrill network(main site) detailing some of SFI's problems & strategies & it turns out that they've actually been losing money ever since 2000 & the events of 9-11 coupled with the economic downturn & bad weather have only made it worse.

According to their CFO the plans are pretty much what they've been the past two seasons which are to add rides only to parks in the major markets which means that if your homepark isn't in one of those major markets then don't expect any major rides (especially coasters) anytime soon I'm afraid.

It might be light spending this year but who knows?if the weather holds & we see an increase in attendance in some of the markets then maybe...just maybe SFI might include more parks in their cap ex budget for 05...I mean they can't just sit back & let these parks go stagnant for years on end,that's just plain stupid.

SFWoA seems to again be focusing on family this summer, with new animals and new shows. MBT seems to be on the way out, while a new film this summer is coming in, Rumored to be Stargate-3000 or something of that nature. Hope everything works out this summer, and we continue to build on the great costumer service we had last season.

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jwhoogs said:
I totally agree with the previous statement made about SFDL. There is so much expantion that could be made, but they just sit around and collect the money. It seems to me that they are afraied to make a move.

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Well damn Six Flags - a business - for trying to make money!

-Nate

"There is so much expantion that could be made, but they just sit around and collect the money."

What Money? Even when there is a park in the system that turns a profit all of it is going to the interest on the loans. In fact they just had to increase their credit to cover the payments on said interest. Clearly the company is struggliing.

http://www.findarticles.com/cf_0/m0EIN/2004_Jan_16/112259544/p1/article.jhtml

Even after S:UF in 2003, seems SFGAdv is making another investment in 2004 which appears to be a simulator attraction