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closed "at least" through 2007, Six Flags announded that they had concluded
their damage assessments and declared the park to be an "effective total
loss". In January 2007, Six Flags officials revealed to the New Orleans Times
Picayune that the company was sueing its insurers for the remainig $175
million dollars in coverage.
The park had been one of the least profitable parks in the Six Flags
portfolio being well away from the French Quarter and other tourist
attractions. It has been stated that the park would most likely have been
more profitable had it been built somewhere on the west bank or in Metairie
as these places are a shorter distance from tourist districts. These potential
locations would have placed the park much closer to population centers
where a strong local base of repeat customers could be cultivated as opposed
to the proverty and crime affilite Eastern New Orleans District where few
residents could afford or wer interested in expensive seeason passes to the
the theme park.
On December 15, 2006, Six Flags chose to take out Batman: The Ride
for refurbishment and relocation to a new park as it was considered to be the
only salvagable ride. Batman: The Ride was reassembled in 2008 at Six Flags
Fiesta Texas in San Antonio and opened under the name Goliath. In addition
to Batman: The Ride, Six Flags removed shade coverings, ride parts, lights,
security cameras, planing structures and various other salvagable items
effectively indicating their intent not to return.
Despite the park's remarkabley poor condiiton as late as 2009 the Six
Flags Corporation website sated that Six Flags is still in the process at settling
claims with it's insurers due to substantial damage caused by Hurricane
Katrina. As a result, Six Flags New Orleans will remain closed at this time.
We know that it is still adifficult time for the residents of New Orleans and we
remain committed to working with the city in support of the rcovery efforts.
The New Orleans Section has since been removed from the Six Flges website.