Passengers Passing On Burbank's Bob Hope Airport

Burbank Airport officials are surprised to see a sharp drop in passengers, as well as a decline in parking revenue. The number of passengers dropped 5% in March, a percentage greater than expected, reports the Glendale News-Press.

The loss of 7,497 passengers compared with the same period last year was 2% lower than what had been budgeted for, and likely contributed to a drop in parking revenues, which fell about 7.6%, or $129,000, according to a report to the Burbank-Glendale-Pasadena Airport Authority. “Well, we haven’t seen the bottom yet,” said airport Executive Director Dan Feger.

According to an airport spokesman, conservative estimates show overall revenues are OK for the fiscal year. However, with fewer passengers traveling through the airport, a downward trend on parking revenue is expected. "The airport authority commission will likely get a no-growth budget proposal next month for the upcoming fiscal year," noted Feger, reports the Glendale News-Press.