Monday, February 29, 2016

A rendering of the new ride options at Six Flags Over Texas for the 2016 season

The two new rides — The Riddler Revenge, Catwoman Whip – will call for a three-to-four acre expansion of developed area in the 200-acre theme park.

A third ride, Harley Quinn Spinsanity, is a re-design of the Crazy Legs ride.
All three will be near the “Gotham City” section of the park.

An over-sized pendulum shaped ride, The Riddler Revenge will send guests swinging back and forth while rotating counterclockwise. The theme park ride will propel 40 riders at speeds of nearly 70 miles per hour higher and higher until they experience a feeling of weightlessness at 147 feet in the air.

On Catwoman Whip, 48 riders, sitting in rows of two, will spin and tilt in a circular motion, building up speed as the giant pendulum frisbee ride manufacturer whips around, mimicking its namesake.
Harley Quinn Spinsanity will have riders spinning, twisting and swirling around.

Adding “high capacity” rides that can hold 40 or more should help shorten wait times, Martindale said.

Six Flags parent company has consistently looked at how to add  more days for the seasonal business. Holiday in the Park, which launched in Arlington in the mid-1980s, has been expanded to many other Six Flags parks, as has the Halloween-themed Fright Fest.

Martindale said school calendars and the vagaries of the weather keep the park from opening much earlier, but it will be open longer for spring break this year.

Martindale talked about the season ahead shortly after the company announced record revenue for the fourth quarter and a leadership shift.

Jim Reid-Anderson, who shepherded the post-bankruptcy resurgence of Six Flags’ corporate parent, will become the company’s executive chairman on Friday. He hands the roles of president and CEO to John Duffey, the chief financial officer.

The announcements came as the regional theme park operator reported an 11 percent increase in the number of guests visiting Six Flags parks in 2015 despite “modestly higher ticket prices.”

The company also saw an increase in international licensing fees based largely on deals with theme park developers in Dubai and China.

Revenue for the fourth quarter, which ended Dec. 31, grew 18 percent to a record $217 million.  The revenue gain was driven primarily by a 22 percent increase in attendance resulting from the expansion of the company’s Halloween-themed Fright Fest and Holiday in the Park.

Six Flags attendance for the year grew by 11 percent to 28.6 million visitors, of which 56 percent were either season pass holders or members.

Jim Reid-Anderson
Profit for the quarter was $2.2 million, a big swing from a $34.12 million loss a year ago.

Six Flags emerged from bankruptcy protection in 2010 and put Reid-Anderson in charge shortly afterward. Reid-Anderson said Thursday the company has had 22 quarters of setting some financial record as it moved past for bankruptcy.

“Many CEOs stay in their roles too long,”  Reid-Anderson told analysts. “I don’t want to become that person.

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