Monday, 15 June 2009

Lo-Q major customer Six Flags files for Chapter 11, sees no impact on operations

Theme park queuing systems group Lo-Q PLC (AIM: LOQ) said its major customer, Six Flags (OTCBB: SIXF), has filed for Chapter 11 creditor protection in the US.

The theme park operator which is seeking court approval for a reorganisation of the business, has told Lo-Q that the filing has no impact on day-to-day park operations.

Lo-Q designs, installs and operates systems which allow members of the public to make ride and show reservations when they visit a theme park or other attraction.

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