Our parent company is restructuring its debt as part of our long-term growth plan. We'd like to tell you what it all means. WHAT IT MEANS TO YOU
The restructuring will have no impact on our local parks. Every park will see upgrades in 2009,
including new rides and attractions, more and better-trained staff, longer park hours, expanded shopping and dining options, and performances by top musical acts—all at a great price for families watching their budgets. If you have any further questions, please contact your local park
, or see our Restructuring FAQ
below. WHAT IT MEANS TO US
This restructuring will help our parent company eliminate debt and build for the future. It will have no impact on the day-to-day operations of our local parks. Our parks are profitable, but they have been burdened for too long with too much debt. Reducing our debt and interest expenses will allow us to build on the substantial progress we've made over the past three years and realize our extraordinary growth potential.
We've had a busy spring, and our guests have given us top marks for customer satisfaction two years in a row. This means we can continue the massive upgrade program we started in 2006. We're hiring more staff, expanding hours, and improving service and attractions at all our parks. We're doing all this so we can give you the very best value in family entertainment. An Open Letter From Our CEO to All Employees WHAT IT MEANS TO SIX FLAGS EMPLOYEES
All of our employees will continue to be paid in full and on time. All benefits, including pensions, will be unaffected. No reduction in work force will arise out of this restructuring process.