In the same period in 2019, net income was $79.5 million, or 94 cents per share. Analysts had been expecting a loss of 13 cents per share. In the three months ended July 4, net income was $70.5 million, or 81 cents per share, up from a loss of $136.9 million, or $1.62 per share, a year ago. Still, Six Flags blew past analysts’ expectations for financial performance, with both attendance and guest spending also topping Wall Street estimates. Though all the company’s parks have been back in operation since late May, capacity limitations are still in place at two in Mexico and a third in Montreal. In its earnings statement, Six Flags blamed pandemic-related restrictions at several of its parks for reducing attendance in the second quarter.
The news comes as the Arlington-based parent company is looking to bounce back from the pandemic. Revenue from food and merchandise sales typically make up about 50 percent of such parks’ revenue, so giving patrons a new reason to visit can boost the bottom line. They are the park’s most popular rides, he said, making a “spectacular new coaster” a logical choice for a new attraction.Ī small outdoor show venue, The Sundance Theater, which opened along with the park in 1992, will be demolished to make way.Īdding new rides and attractions is often a yearly affair, particularly at regional parks like Six Flags Fiesta Texas that depend heavily on visits by season pass holders. Six Flags Fiesta Texas President Jeffrey Siebert said at a Wednesday afternoon press conference that the park already has 10 other coasters. Other dive machines have angles of 90 degrees or less. The coaster drop angle of 95 degrees appears to be the most extreme in the world, he said, but it will not be the tallest or fastest dive coaster. “When parks buy new coasters, and models of those coasters already exist at other parks, it’s not uncommon to see some record stretched for that model (fastest of that type, tallest of that type, etc.) to use as a selling point,” said Lewison, a theme park expert. A fifth is under construction at SeaWorld in San Diego, he said. Four are in North America, at Busch Gardens Tampa, Busch Gardens Williamsburg, Cedar Point in Ohio and Canada’s Wonderland in the Toronto area, said Martin Lewison, an associate professor of business management at Farmingdale State College in New York. On : San Antonio's SeaWorld, Six Flags theme parks drop mask rules for vaccinated employeesĭespite the hype, there are 14 Bolliger & Mabillard dive coasters operating around the world. The coaster, being manufactured by Swiss ride company Bolliger & Mabillard, is called a dive coaster because its cars stop for several seconds at its highest point before dropping. The coaster will feature what Six Flags Fiesta Texas officials describe as 95-degree angled drop that will be the world’s most extreme. “In our industry the coaster is king,” said Speigel, president of International Theme Park Services “It’s always been that way.” Given the name Cliffhanger, the coaster surprisingly sits in the middle of the park, rather than off the huge quarry walls that surround much of the park.Ĭheck out the videos below to see what it’s like to be in the front seat of this thrilling coaster, what it looks like, how we reacted to the ride and what Jeffrey Filicko, Marketing and Communications Manager at Six Flags Fiesta Texas, shares with us about the attraction.The company does not break out the number of visitors to its park in San Antonio, but adding the dive coaster will certainly “help kick up attendance,” said theme park consultant Dennis Speigel. Another unique feature is the audio recording that plays as riders stop at the top of the drop for a few seconds before plunging toward the ground. In addition to the 150 feet (46m) tall 95° drop, the ride features an Immelmann, Zero-G Roll and a 360° Helix. While the airtime hill at the end doesn’t deliver the strongest pop of airtime, the positive G-forces throughout the ride make up for it. As expected, the first drop is very intense, especially in the back row, with amazing visuals. Six Flags Fiesta Texas gave us a sneak preview and we were blown away by the ride experience that’s the first to include a beyond vertical drop on a B&M (Bolliger & Mabillard) coaster.
Diabolical’s Cliffhanger, the world’s steepest dive coaster, opens to the public this weekend, with season pass holders getting early access tomorrow.
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