Six Flags America cuts admission cost
Hoping to blunt the potential effects of inflation and a slowing economy, Six Flags America has cut the cost of getting into the park in half.
The buy one, get one free offer is available for online ticket purchases. Regular adult admission is $49.99. The park is also cutting $10 off the price of a kid’s ticket, to $24.99 online.
Six Flags America, in Bowie, joins other Six Flags locations that have lowered admission prices through various promotions. With the price of gasoline around $4 a gallon, the company is hoping to appeal to people who have decided to stay close to home this summer.
"While families across America are feeling a strain on their wallets, they still want to have fun and spend time together this summer," said Chris Haenn, Six Flags America park president bad credit payday loans.
Attendance at Six Flags parks rose 19 percent last quarter from year-ago levels to 1.4 million visitors. First-quarter revenue was up 35 percent to $68.2 million. The company had a first-quarter net loss of $150 million, compared with a net loss of $170 million in the same quarter a year ago.
Six Flags Inc. (NYSE: SIX), controlled by Washington Redskins owner Dan Snyder, operates 21 theme parks across the country.
Barton Eckert contributed to this report.