Six Flags, the world’s largest theme park company with 20 parks in the United States, Canada and Mexico, is bankrupt. Still, they’re moving ahead with planned expansions in Quatar and Dubai.
One of their parks is nearby and I’ve visited quite a number of times since they opened when I was a kid. It used to be a lot of fun. But when they installed the metal detectors a couple of decades or more ago I swore I wouldn’t go anymore. I haven’t quite kept to that.
By all accounts the parks are crowded to capacity. Admission, parking, food – everything - is incredibly expensive, even for Jersey. The lines are painfully long for every ride, all the time. I was there a while back and we spent a good deal of wait time trying to calculate the cost per minute of ride experience. In excruciating detail. It’s okay, we had the time and it was good mental gymnastics. (At least I developed my company’s slogan from that trip, so I suppose it wasn’t a total loss.)
Anyway, can someone please explain to me how it’s possible that a business like that can be bankrupt? I just don’t get it.
