It is not known how bankruptcy protection will affect next year’s delivery of the $3-billion Qatar Entertainment City, a giant 1-million square metre theme park in Doha. While the project is 70% complete, as reported last week by Ski Rebel Magazine, is supposed to include a Six Flags theme park.
Six Flags Inc., the world’s largest regional theme park company filed for Chapter 11 on Saturday after being saddled in more than $2.0 billion in debt.
The company which is based in New York, operates theme parks across the United States, Canada and Mexico claims that operations and projects will not be affected and cited that it will allow to restructure itself to be stronger in the future without swimming in debt.
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