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SeaWorld slides further into the red

City and finance
TTG Staff
6 May 2016

Theme park operator SeaWorld Entertainment has seen its first-quarter loss widen after taking a hit on alterations made to its orca pools.

SeaWorld orca killer whale ThinkstockPhotos-467244249

The company, which recently committed to ending its killer whale breeding programme, said the impact on its bottom line was as a result of “accelerated depreciation” following the removal of several deep-water lifting platforms.

The devices were installed after trainer Dawn Brancheau was killed by Tilikum, the orca, which appeared in the 2013 documentary Blackfish.

The company’s net loss increased by 93% to $84 million. Despite this, there was some good news for the company.

Attendance numbers rose by 83,000 guests to 3.3 million, although this did include 33,000 visitors to the resort of Aquatica San Antonio, which opened in March 2016.