.

Six Flags Leaders Optimistic Despite Quarterly Loss

Company moves forward with job hiring fairs to recruit 3,000 employees for the upcoming season. The third and last job fair is Saturday. New body slide will open this summer in Eureka-based Hurricane Harbor.

Despite being part of the world’s largest regional theme park company with $1 billion in revenue and 19 parks across the United States, Mexico and Canada, Six Flags Over St. Louis in Eureka reported a fourth-quarter 2011 loss of $102 million, according to the St. Louis Busines Journal.

This loss is greater than a year ago at the same time, with a loss of $94.3 million in the fourth quarter of 2010.

However, Six Flags reported $350 million of adjusted earnings before interest, taxes, depreciation and amortization in 2011 – the highest in company history, said Six Flags spokeswoman Elizabeth Gotway.

The company emerged from bankruptcy in April 2010.

“In just a little more than a year after restructuring, Six Flags is once again leading the regional theme park industry,” said Dave Roemer, park president of Six Flags St. Louis told the Business Journal.

Part of the optimisim comes from looking forward to opening a new body slide, Bonzai Pipeline, this summer inside Hurricane Harbor in Eureka. The pipeline will feature Skybox capsules that launch people free-falling down one of two 290-foot enclosed, looping slides at up to 40 miles per hour.

Six Flags St. Louis opens April 6 for the 2012 season.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »